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The Weekly Notes Volume 5

The Weekly Notes Volume 5


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1870 Excerpt: ...in January, 1858. The Medical was amalgamated with the Albert Assurance Company in 1860, and amongst the stipulations of tho agreement (dated the 20th of September, 1860) for amalgamation were tho following: --That tho Medical policy-holders should be invited to substitute for their policies othor policies to be issued by the Albert; that "the persons entitled to participate in the profits, and who should accept such substituted policies, or should otherwise accept engagements by the Albert, instead of preserving the rights that should belong to them as policy-holders in the Medical," should bo entitled to share in future bonuses to be declared by the Albert; and that tho policy-holders in the Medical who should decline to accept such substituted policies should be entitled to keep on foot their then existing policies by paying the premiums thereon to tho Albert. Two portions of a fund belonging to tho Medical, called the Life Assurance Fund, one arising from Indian, the other from English, investments, were, as part of the same arrangement, assigned to trustees; as to the former, upon trust for securing, during ten years from the 21st of September, 1860, the duo payment by the Albert upon all assurances and engagements of the Medical, and subject thereto upon trust for the Albert; and as to tho other, to pay and satisfy all claims and demands on account of any policy or other liability of tho Medical. Mr. Spencer did not take a substituted policy in the Albort, but ho did not deny having received notices as to the amalgamation. He went on paying premiums (reduced on the occasion of a visit to England) to the amalgamated company, and ho took a sharo in a bonus declared by the united company in 1863. Ho claimed, 1, to bo a general creditor of tho Me...


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Product Details
  • ISBN-13: 9781130740646
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 728
  • Spine Width: 37 mm
  • Width: 189 mm
  • ISBN-10: 1130740641
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 1275 gr


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