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" ... (such reserves to be calculated on the American experience table of mortality with interest at 3 per centum per annum on the net premium basis), is defined to be a positive elector, and shall be entitled to hold the office of trustee and to cast one... "
Rural Credit and Multiple Insurance - Page 16
by United States. Congress. House. Committee on Banking and Currency, R. C. [from old catalog] Milliken - 1921 - 66 pages
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Report: business of insurance companies, Volume 39, Part 2

Illinois. Dept. of Insurance - 1907 - 1130 pages
...or a committee thereof charged with the supervision of investments. An Act establishing the American experience table of mortality with interest at 3^ per centum per annum as the minimum basis of valuation for determining the reserve to be maintained on policies of life...
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Documents of the Senate of the State of New York, Volume 8

New York (State). Legislature. Senate - 1910 - 1404 pages
...1907, must be made upon the basis and according to the standards set forth in the section, American Experience Table of Mortality with interest at 3% per centum per annum, Select and Ultimate method. The sentence quoted by you provides that any life insurance corporation...
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Annual Report - Carnegie Foundation for the Advancement of ..., Volumes 10-12

Carnegie Foundation for the Advancement of Teaching - 1915 - 510 pages
...administration and the cost that may arise thru excess mortality and disability. The policies are based on the American Experience Table of Mortality with interest at 3| per cent, and net rates will be charged. It is calculated that the rate in peace time for a man at the...
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Flitcraft Life Insurance Manual, Volume 31

1918 - 1378 pages
...convertible into cash at any time, and if so converted their cash value will be the full reserve therefor on the American Experience Table of Mortality with interest at 3% per cent per annum, not less however than the amounts of the original dividends. PARTICIPATING PAID-UP,...
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Agricultural Inquiry, Volume 3

United States. Congress. Joint commission of agricultural inquiry. [from old catalog] - 1922 - 892 pages
...it. which policy or policies have unencumbered reserve values aggregating not less than $5.000 (such reserves to be calculated on the American experience...qualified positive electors reside and have resided at least one year, unless he shall have been disqualified, as provided in paragraph 1 of this section....
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Agricultural inquiry, Volume 3

1922 - 894 pages
...it, which policy or policies have unencumbered reserve values aggregating not less than $5.000 (such reserves to be calculated on the American experience...qualified positive electors reside and have resided at least one year, unless he shalL have been disqualified, as provided in paragraph 1 of this section....
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Agricultural Inquiry, Volume 3

United States. Congress. Joint commission of agricultural inquiry. [from old catalog] - 1922 - 894 pages
...it. which policy or policies have unencumbered reserve values aggregating not less than $5,000 (such reserves to be calculated on the American experience...and to cast one ballot for a candidate for trustee oí a district in which at least twenty qualified positive electors reside and have resided at least...
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Legislative Document, Volume 8

New York (State). Legislature - 1922 - 1084 pages
...of the commuted value of the annuity certain, plus the commuted value of the deferred annuity valued on the American Experience Table of Mortality with interest at 3% per cent, less a 15 per cent surrender charge, provided the beneficiary named in the policy was insurable....
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Life Insurance; a Textbook

Solomon Stephen Huebner - 1923 - 528 pages
...maintain reserves on policies issued since about 1900 which shall at least be equal to those based on the American Experience table of mortality with interest at 3^ per cent. In some states reserves computed on a 4 per cent. basis are acceptable, while in others the companies,...
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Miscellaneous World War Veterans' Legislation: Hearings Before the ...

United States. Congress. House. Committee on World War Veterans' Legislation - 1928 - 170 pages
...premiums for 12 full months have been paid — all vaiues, reserves, and net single premiums being based on the American Experience Table of Mortality, with interest at 3% per cent per annum : Cash-surrender value. — (a) Upon written request therefor by the insured made while...
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