Author: New England Mutual Life Insurance Co

Publisher: Forgotten Books

Published: 2018-02-18

Total Pages: 406

ISBN-13: 9780656832019

Excerpt from Twenty-Seventh Annual Report of the Directors: January 16, 1871 And this account will be increased only as the necessities of old members require a loan of the Company to facili tate the settlement of their indebtedness. Practically Speaking, the Company is all cash, its credit to new members being limited to semi-annual or quarterly pay ments. It is very desirable that old members should understand that the amount of premium notes now outstanding against their policies may remain as a debt thereon, subject to the usual rate of interest, provided the future premiums are made payable in cash, in which event the returns of surplus will be credited upon the. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.