NATIONAL MUTUAL LIFE.
A PROSPEROUS YEAR. By Telegraph.— Press Association.—Copyright. (Received December 21, 1.15 a.m.) . Melbourne, December 20. v The annual meeting of the National Mutual Life Association was ; held to-day. The Chairman in moving the adoption of the annual report and balance-sheet congratulated members upon the progress made. The new business done, including a special transaction with the Australian Alliance Assurance Company, exceeded £3,000,000. . The income for > the year, constituting a record, totalled £1,219,980. The expenses were £5195 less than last year, whilst interest earned was £4 14s 3d per cent., as against' £4 13s 3d during the preceding year. Their total funds amounted to nearly £6,000,000. The report was adopted, and the retiring directors re-elected. '
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New Zealand Herald, Volume XLVI, Issue 14249, 21 December 1909, Page 5
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117NATIONAL MUTUAL LIFE. New Zealand Herald, Volume XLVI, Issue 14249, 21 December 1909, Page 5
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