A PROSPEROUS INSTITUTION.
NATIONAL MUTUAL LIFE ASSOCIATION. By Teleerapß—Press Association—DopyrlßJit(ltec. February 27, 11.80 p.m.) ■ ' Melbourne, February. 27. Thtt National Mutual Life' Association's triennial investigation meeting was held to-day. ■ , .'..*. . ' • Tho chairman, stated that the business for the triennin'ni waS'l tho largest ever dono by the association.-, The revenue had averaged over a million pounds per annum. The funds had increased during the period by .£1,350,000. Tho- surplus of to be divided was nearly fifty per cent, greater than tho amount of three years ago. There had been a satisfactory increaso in: the bonuses all round, equivalent to iSSOO.OOO. Tho revisionary bonus basis of valuation was somewhat more stringent than formerly.
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Bibliographic details
Dominion, Volume 4, Issue 1063, 28 February 1911, Page 5
Word Count
109A PROSPEROUS INSTITUTION. Dominion, Volume 4, Issue 1063, 28 February 1911, Page 5
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