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T. AKD G. MUTUAL LIFE SOCIETY.

ANNUAL MEETING. The annua] meeting of the Australian Temperance and General Mutual Life Assurance Society won held *t Melbourne on Friday. 11m chairman (Mr J. T. Thompson) reported that the written and accepted amounted to 112,074 policies, tho history of the Society. Tne total income was now £1,642,680-an increase of £220,159. ■ . ~ . In the short space of sir years the income of the had been increased by newly one million £*>=<"• l ™ total aaeete were now £5,843,679, ot which approximately 75 per cent, was i invested in Australian and INew 4ea- ! land Government and municipal wcun- | ties Tfoe rat® of interest for tlw» year on the mean funds had increased to £5 j The Actuary's report disclosed a i total surpira of £167,152, providing ! bonuses in tlie ordinary department on a higher scu'le than preYiously. The chairman said Be contidered that the great growth of the Society was due largely to the fact that the public of Australia and New Zealand were now alive to the wisdom of assuring in a progressive mutual life office where they would Treap the whole benefits of yfesfc th«r «wtr4bntions earned. 36

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https://paperspast.natlib.govt.nz/newspapers/CHP19221211.2.59.5

Bibliographic details

Press, Volume LVIII, Issue 17634, 11 December 1922, Page 7

Word Count
192

Page 7 Advertisements Column 5 Press, Volume LVIII, Issue 17634, 11 December 1922, Page 7

Page 7 Advertisements Column 5 Press, Volume LVIII, Issue 17634, 11 December 1922, Page 7