CONSTITUTION.-This Society was founded in the year 1843. It is governed by its Deed of Settlement, and its powers have from time to time been enlarged by Acts of Parliament to meet the advancing needs of the age. It was originally constituted on properly ascertained actuarial bases, and the Directors, in the conduct of its business, have never departed from these principles. THE SECURITY offered to policy-holders for the performance of the contracts entered into by the Society is undoubted. It consists, first of all, of a fully-subscribed capital of £100,000, and in addition thereto an Accumulated Fund, amounting at the present time to the sum of nearly Four Millions and Three Quarters. INVESTMENTS.-This amount is, in accordance with the Deed of Settlement, invested in first-class securities, in the names of Trustees, for the benefit of the policy-holders. Details of these investments are given with each Annual Report. The Directors have no power to invest in any but first-class "Trust" Securities. NEW SCHEMES FOR LIFE ASSURANCE. I. SPECIAL "20-YEAR ENDOWMENT ASSURANCE." 2. 3. 4. 5. Every in Managers. West 7TD. the Head Office, or from any of the Branch LE HOBSON, Actuary and Secretary. ESTABLISHED 1848. INCORPORATED 1875. THE PLANET BUILDING SOCIETY, 7, FINSBURY SQUARE, LONDON, E.C. DIRECTORS: WALTER J. TULL, Esq. (Chairman), Prujean Square, Old Bailey, E.C. SAMUEL G. WADDY, Esq. (Deputy Chairman), 45, Finsbury Pavement, E.C. Oswald R. GREEN, Esq., I, Finsbury Circus, E.C. Walford D. Green, Esq., M.P., 64, Claverton Street, St. George's Square, S.W. ALBERT RUSSELL JOHNSON, Esq., 22, Trefoil Road, Wandsworth Common, S.W. SOLICITOR : J. B. INGLE, Esq. (Messrs. Ingle, Holmes & Sons), City Bank Chambers, 20, Threadneedle Street, E.C. THE BEST TERMS TO BORROWERS IN LONDON. Liberal Advances made on Freehold and Leasehold Houses and Shops. The Borrower has the right to Redeem at any time on one month's notice. Redemption Fee 10s. only for Reconveyance in Statutory Form. MONTHLY REPAYMENTS (Inclusive Terms) for each £100 advanced. LIFE ASSURANCE WITH MORTGAGE REPAYMENTS. In case of the death of the Member before the expiry of the Mortgage Term, arrangements have been made with the Royal Life Assurance Company to pay the balance of Principal remaining due, the Subscriptions to date of death having been paid. For each £100 advanced. (Inclusive Terms.) 0 18 0 Each Borrower will be required to pass the usual Medical Examination. DEPOSITS RECEIVED AT 3 PER CENT. PER ANNUM INTEREST, PAYABLE HALF-YEARLY. For further particulars and all information apply direct to ARTHUR W. CAPE, Secretary. |