HC Deb 25 April 1911 vol 24 c1579
Mr. HAYDEN

asked whether the National United Insurance Society, of 65, West Regent Street, Glasgow, can show any security for policy-holders; where the money providing this security is invested; how much money has this society invested in securities; and how much money it has to its credit in the Clydesdale Bank?

Mr. HOBHOUSE

According to the society's statutory return for 1910 the security for policy-holders would appear to have consisted of:—

  1. (a) A sum of £281 17s. 5d. in the Clydesdale Bank.
  2. (b) Office furniture and stationery and a small sum of cash in hand.
  3. (c) A sum of £356 5s. 5½d., stated to be owing by members for premiums.
  4. (d) Capital on shares issued but not yet paid amounting to £1,712 5s.
The return does not show any investments.