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CHESS COLUMN-I

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SCIENCE NOTES AND GLEANINGS.

IDRAUGHTS.I

JUST LIKE A QUAKER.

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METROPOLITAN LIFE ASSURANCE…

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METROPOLITAN LIFE ASSUR- ANCE COMPANY. The ordinary general meeting of the Metro- politan Life Assurance Society was held on Thursday in last week at the offices, 13, Moor- gate-street, London, E.C. Col. Victor Mil- ward, M.P., who presided, regretted the ab- sence of Mr. Simon, their secretary and prin- cipal adviser, who had been absent at Ten?- riffe, through illness, for the last few months. No one had served a company with greater zeal and intelligence than Mr. Simon had dis- played in connection with this Society, and they all hoped he might soon be able to take up his accustomed duties. The report showed that the unappropriated balance to be dealt with amounted to £30,044. Of this they had resolved to carry to Investment Reserve Fund £1,500, to make an abatement of 1 per cenr. extra upon all premiums entitled to abate- ment, amounting to £18,671, and to carry for- ward £9,874. The result would be that mem- bers of the first series would receive an abate- ment on their premiums of 72 per cent., mem- bers of the second series 57 per cent., members of the third series 42 per cent., and members of the fourth and last series 32 per cent. The members of the fourth series would not come into abatement until .Tuly next. but as the Society had not offered more than 31 percent., and they would now receive 32 per cent., they wou, d have every reason to be satisfied. The result, which he thought on the whole a good one, had not been arrived at without con- siderable anxiety. More than 50 per cent. of the increase of life business at present came from endowment policies, and at the close of the meeting they were going to ask for further powers in this direction. The members were also asked for powers to make reversionary bonus and other options to be given. The Chairman then moved the adoption of the re- port. Mr. Sigismund F. Mendl, M.P., in seconding the motion, said the Directors were fully alive to the importance of not only maintaining the stability of the Society, but of meeting the views held by a. large body of the life-assuring public. The report was unanimously adopted, the retiring directors re-elected, and Messrs. Deloitte. Dever, Griffiths and Co., and Mr. F. S. Smith, re-ap- pointed auditors. At a special general meet- ing the powers asked for were agreed to.

A BEWILDERED FATHER.I

HIGH WATER in SWANSEA HARBOUR

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OUR LITERARY BUREAU.|

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I THE WEEK'S PAPERS.

LOCAL COMMISSIONS.

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..... GARDENING NOTES.

DOCTOR'S ADVICE.