Directory_and_Chronicle_1929 — Page 29

SAVINGS SOCIETY

HEAD OFFICE:

7, Avenue Edward VII,

SHANGHAI.

PARIS OFFICE: 85, Rue St. Lazare.

SAIGON OFFICE: 25, Rue Guynemer.

International Savings Society.

A PUBLIC SAVINGS COMPANY

With an Authorized Capital of Shanghai Taels 65,000, half paid up, and Francs 2,000,000, quarter paid up.

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Founded in 1912, and registered under the French Government Laws of 24th July, 1867,

and 1st April, 1893.

THE

HE 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 December, 1928, over 80,000 bonds participated: therefore, the progressive cumulative reim- bursement amounted to over $40,000.

Besides, there were 40 reimbursements of $2,000 each, 40 of $300 each, 40 of $200 each and 40 of $100 each as well as 8,000 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 31st September, 1928, amounted to over $25,855,183.46.

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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