The hand-book of investments1861 - 90 trang |
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account day amount annuities annum April Bank of England become due Bonds bonus borrowed British brokers capital CASSELL'S LESSONS charge cloth consideration contracted Debentures dividends East India Eastern Exchequer Bills five per cent FOREIGN RAILWAY FOREIGN STOCKS Four per Cent France freehold Government Securities ground rent half-yearly house property Illogan India Indian Government Indian railway investments issued jobbers joint-stock banks July Lancashire land lease leasehold Lelant Limited loan London Stock Exchange ment millions mortgage NAME negotiated North Number option ORDINARY SHARES p.sh paid payable payment period Phillack Pref Preference profits proprietors public debt purchase railway companies railway securities railway shares rate of interest redeemable reduction revenue Sept shareholders SHARES AND STOCKS sinking fund solicitor South South Carn Stock Exchange stock or shares Three per cent transactions transfer transfer days various West Wheal Wheal Frances
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Trang 86 - To relieve the present exigency is always the object which principally interests those immediately concerned in the administration of public affairs. The future liberation of the public revenue they leave to the care of posterity.
Trang 88 - ... succeed to the annuities of all those who die before them ; the last survivor succeeding to the annuities of the whole lot. Upon the same revenue, more money can always be raised by tontines than by annuities for separate lives. An annuity, with a right of survivorship, is really worth more than an equal annuity for a separate life ; and, from the confidence which every man naturally has in his own good fortune, the principle upon which is founded the success of all lotteries, such an annuity...
Trang 88 - ... annuity. When annuities are granted upon tontines, the liberation of the public revenue does not commence till the death of all the annuitants comprehended in one lot, which may sometimes consist of twenty or thirty persons, of whom the survivors succeed to the annuities of all those who die before them, the last survivor succeeding to the annuities of the whole lot. Upon the same revenue more money can always be raised by tontines than by annuities for separate lives. An annuity, with a right...