Improper and Extravagant Management of a Number of Canadian Life Insurance Companies (Classic Reprint) - Softcover

Harpell, James John

Softcover

ISBN 10: 1390355837 ISBN 13: 9781390355833

Verlag: Forgotten Books, 2018

Inhaltsangabe

Excerpt from Improper and Extravagant Management of a Number of Canadian Life Insurance Companies<br/><br/>Now let us see what et'tz'tet this stock bonus business has on the bond holdings of the Companies. To illustrate I will take few examples from the holdings of a company. Which was 9110 o[ the tirst to invest in this class of security, and whieh is now one or the most. Extensive deal ers in it, viz., the Sun Life ol' Montreal. About. The tirst investment by this Company in this elass of security was made in 18th} when they paid for of the debenture oi' the Cornwall Electric Street Railway Company. They carried this holdinu' until during; which time it depreciated in value according to the tiovertuncnt Report to In the. Iovernment Report for 1902 this block of bonds do not appear in the Sun Life'sstatement. But there does appen' a block of of the stock of the (jornwall Electric Street Railway Com pany for whieh. Accordimr to the tflovernment Report, the Company paid and which. Aeeortlin': to the same report. Was worth only This block oi.' stoek does not appear in the Government Report after 1908. Or again. In 1902. The Sun Life bought of the pre. Ferred stock of the Georgia Railway and Electric Company, for which they paid Bv the end of this block had depreciated until its market. Value. According to the Government Report. Was only In the Report. For 1004 there appears for the first. Time a him-k of of the eommon stock of this company for which. According to the Government Report. The Run Life paid In 1902 this Company also paid for a bloc-k oi the preferred stock of the Havana Electric Railway Company. And aeeordinu' to the last fiovernment Report it is worth only This Pompany has also a. Block of the bonds of the New Orleans Railway Company. For which they paid and whieh. According to the last (lovernment Report. Had depreciated so that on the Zilst oi' lleeember. 1004.

Details zur Ausgabe

• Verlag: Forgotten Books
• Erscheinungsdatum: 2018
• Sprache: Englisch
• ISBN 10: 1390355837
• ISBN 13: 9781390355833
• Einband: Taschenbuch
• Anzahl der Seiten: 42
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