Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Scotland.
SCOTLAND .
TO CORRESPONDENTS , ON THE SUBJECT OF THE NON-MASONIC EXPERIMENT . "We for the present must beg to decline entering into the subject ; a serious error has been committed in the want of co-operation with those whose feelings , if not their interests , were and are concerned . The justice of the case has not thereby been advanced , hut serious misunderstanding is threatening ; we therefore are compelled to bide our time—meanwhile let a ll act dispassionately . R . H . S . and P . —The respected comtvmnications will be fully replied to in private . J . C . H ., and others on the " Circular , " are acknowledged .
( CIRCULAR . '" ' ) THE SCOTTISH FREEMASONS' LIFE ASSOCIATION to he under the patronage of the GRAND MASTER ( for the time ) , the Provincial Grand Masters , and other Officers of the Grand Lodge of Scotland . The following noblemen and gentlemen have agreed to act as a PROVISIONAL COMMITTEE . The Most Honourable the Marquess of DOUGLAS and CX / YWESI > ALE , and thirty-one other gentlemen .
Interim Secretary , J . L . WOODMAN , Esq ., W . S . The preliminary observations embrace the advantages of Life Assurance above every other mode of investment or accumulation , von , MAKING PROVISION FOR THE FUTURE ; and state that the . Scottish Fraternity has suffered like others from the want of some plan of life assurance , on a scale accessible to all without exception ; so that a 101 . policy and a 1000 / . policy shall he issued on the same safe and equitable scale of
premium , —the same in regard to annuities : PLAN . Mutual assurance—guarantee loan—provision ' against risk of forfeiture—policies to be available as a present fund to the holders —facility afforded ' : to pay \ premiums on' any plan preferred by the assured—profits to be ascertained after the first seven year ' s , ''then every three years . "'¦ ' ' . '"' . ' ' ' ''' . ''"'"' . ' ' -. ' ff ' .. '¦' . -: ' . ' ' . ' , ' . : . ' , ' . '' ' ! ' ! 7-10 ths to be dividedUmbrig members . : '' ' ' : . '
, . 2-10 ths tb'be set aside as a Guarantee Fund . l-10 th to be at the disposal of the Grand Lodge of Scotland , for the general purposes of the Masonic Body . . : ' ' GUARANTEE LOAN of 20 , ' 000 / . to be raised hy as rhahy shares , 21 each ; to be repaid' at the end of twenty years , comrriencihg after ten years . Shares to be issued to Freemasons only ; dividend five per cent ., with some other advantages . " '" '''' ¦ ' ¦ - " ' !; ' ' i " --n , : ' <¦¦ - 1
Management to be entrustedto twelve' Directors ( Freemasons and Members of the Association . ) ' ¦ ' , ' "'• , " v" ' "' ' ¦ .. : ' , . ; ,.-Agencies to be established in every place iii ; Scotland . where'there is a Lodge . ' : ' : ' ' - " ¦ ' . ' f" . " "f ' ' \ , '"' , ' , ; ' ''''' ; '¦ . ' ' . : '' . \ ,, The above circular is certainly important ,. and the principle is calculated to encourage attention to the necessity for future provision ; indeed
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Scotland.
SCOTLAND .
TO CORRESPONDENTS , ON THE SUBJECT OF THE NON-MASONIC EXPERIMENT . "We for the present must beg to decline entering into the subject ; a serious error has been committed in the want of co-operation with those whose feelings , if not their interests , were and are concerned . The justice of the case has not thereby been advanced , hut serious misunderstanding is threatening ; we therefore are compelled to bide our time—meanwhile let a ll act dispassionately . R . H . S . and P . —The respected comtvmnications will be fully replied to in private . J . C . H ., and others on the " Circular , " are acknowledged .
( CIRCULAR . '" ' ) THE SCOTTISH FREEMASONS' LIFE ASSOCIATION to he under the patronage of the GRAND MASTER ( for the time ) , the Provincial Grand Masters , and other Officers of the Grand Lodge of Scotland . The following noblemen and gentlemen have agreed to act as a PROVISIONAL COMMITTEE . The Most Honourable the Marquess of DOUGLAS and CX / YWESI > ALE , and thirty-one other gentlemen .
Interim Secretary , J . L . WOODMAN , Esq ., W . S . The preliminary observations embrace the advantages of Life Assurance above every other mode of investment or accumulation , von , MAKING PROVISION FOR THE FUTURE ; and state that the . Scottish Fraternity has suffered like others from the want of some plan of life assurance , on a scale accessible to all without exception ; so that a 101 . policy and a 1000 / . policy shall he issued on the same safe and equitable scale of
premium , —the same in regard to annuities : PLAN . Mutual assurance—guarantee loan—provision ' against risk of forfeiture—policies to be available as a present fund to the holders —facility afforded ' : to pay \ premiums on' any plan preferred by the assured—profits to be ascertained after the first seven year ' s , ''then every three years . "'¦ ' ' . '"' . ' ' ' ''' . ''"'"' . ' ' -. ' ff ' .. '¦' . -: ' . ' ' . ' , ' . : . ' , ' . '' ' ! ' ! 7-10 ths to be dividedUmbrig members . : '' ' ' : . '
, . 2-10 ths tb'be set aside as a Guarantee Fund . l-10 th to be at the disposal of the Grand Lodge of Scotland , for the general purposes of the Masonic Body . . : ' ' GUARANTEE LOAN of 20 , ' 000 / . to be raised hy as rhahy shares , 21 each ; to be repaid' at the end of twenty years , comrriencihg after ten years . Shares to be issued to Freemasons only ; dividend five per cent ., with some other advantages . " '" '''' ¦ ' ¦ - " ' !; ' ' i " --n , : ' <¦¦ - 1
Management to be entrustedto twelve' Directors ( Freemasons and Members of the Association . ) ' ¦ ' , ' "'• , " v" ' "' ' ¦ .. : ' , . ; ,.-Agencies to be established in every place iii ; Scotland . where'there is a Lodge . ' : ' : ' ' - " ¦ ' . ' f" . " "f ' ' \ , '"' , ' , ; ' ''''' ; '¦ . ' ' . : '' . \ ,, The above circular is certainly important ,. and the principle is calculated to encourage attention to the necessity for future provision ; indeed