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" ... The entire surplus in the insurance department accumulates for the benefit of the policy-holders. The only advantage, direct or indirect, which the stockholders can at any time have from the union of the two features of the business, results from... "
Annual Report and Balance Sheet for the Year - Página 4
1898
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The Insurance Year Book, Volumen10

1882 - 480 páginas
...or indirect, which the stockholders can at any time have from the union of the two features of the business, results from the fact that the management...trusts, from which they derive their profits, is done /or them without charge. The accounts of the Insurance and Trust Departments are kept entirely distinct...
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The Insurance Year Book, Volumen11

1883 - 598 páginas
...or indirect, which the stockholders can at any time have from the union of the two features of the business, results from the fact that the management...derive their profits, is done for them without charge. 2 he accounts of the Insurance and Trust Departments are kept entirely distinct and separate. The advantages...
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The Annual Cyclopedia of Insurance in the United States

1891 - 402 páginas
...the two features of the business, results from the fact that the management of the trust business, from which they derive their profits, is done for them without charge. To be relieved from the expense of management is an advantage to the stockholders, but not more than...
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The Annual Cyclopedia of Insurance in the United States

1893 - 564 páginas
...the two features of Ihe business, results from the fact that the management of the trust business, from which they derive their profits, is done for them without charge. To be relieved from the expense of management is an advantage to the stockholders, but not more than...
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Public Documents of Massachusetts, Volumen7,Parte2

Massachusetts - 1897 - 594 páginas
...the two features of the business, results from the fact that the management of the trust business, from which they derive their profits, Is done for them without charge. This Includes the Interest on the capital. Paid to annuitants 1 39,567 91 Cash dividends paid policy...
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Minutes of the Cincinnati Annual Conference of the Methodist Episcopal ...

1901 - 1238 páginas
...the two features of the business, results from the fact that the management of the trust business, from which they derive their profits, is done for them without charge. The additional cost, however, in this Company of conducting the trust business jointly with life insurance...
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Hayden's Annual Cyclopedia of Insurance in the United States

Henry Rodgers Hayden, G. Reid MacKay - 1898 - 684 páginas
...of the two features of the business results from the fact that the management of the trust business, from which they derive their profits, is done for them without charge. To be relieved from the expense of management is an advantage to the stockholders, but not more than...
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