Directory_and_Chronicle_1928 — Page 29

HEAD OFFICE: 7, Avenue Edward VII,

SHANGHAI.

SAVINGS SOCIETY

PARIS OFFICE:

85, Rue St. Lazare,

INTERNATIONAL SAVINGS SOCIETY

A PUBLIC SAVINGS COMPANY

With an Authorized Capital of Shanghai Taels 65,000, half

and Francs 2,000,000, quarter paid up.

paid up,

Founded in 1912, and registered under the French Government Laws of 24th July, 1867, and 1st April, 1893.

Recorded at the French Consulate General at Shanghai as a French Company, in conformity with the decree of 19th February, 1925 (No. 3 du Registre d'Immatriculation) and Registered at the Board of Trade in France (Ministère du Travail et de la Prevoyance Sociale) and at the Chinese Board of Finance, Peking.

THE INTERNATIONAL SAVINGS SOCIETY issues Premium Bonds of $2,000 each payable by monthly instalments of $12 during a period of 13 years and 10 months.

At the end of the 15th year, the bonds are redeemed at par, receiving also a share of the surplus over and above 5% interest earned on investments. The bonds, however, can be redeemed before the end of the 15th year, for on the 15th of every month, 25% of the premiums received is distributed among the bond- holders by way of drawing, one bond out of every 2,000 bonds in force being redeemed in full, that is, receiving $2,000, its nominal value.

There is also one progressive cumulative reimbursement equal in value to $0.50 for every bond issued: thus at the drawing of the 15th July 1927, 70,659 bonds participated: therefore, the progressive cumulative reimbursement amounted to $35,329.00.

Besides, there were 35 reimbursements of $2,000 each, 35 of $300 each, 35 of $200 each and 35 of $100 each as well as 7,066 of $12 each.

Premium Bonds are not to be confused with lottery tickets. In the latter, luck rules, and a few lucky people win to the loss of the great majority of unlucky people.

Premium Bonds are first and foremost a saving as well as an investment,-an investment which offers unique facilities.

Your small monthly sum of $12 is invested for you in gilt-edged securities and guaranteed by our Mathematical Reserve which on the 30th June, 1927, amounted to over $19,000,000.

Also, after two years' premium have been paid on a bond, loans can be obtained on same, or it can be surrendered.

For full particulars, apply to-

INTERNATIONAL SAVINGS SOCIETY,

7, Avenue Edward VII, Shanghai.

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