Download or read book Fiftieth Annual Report and Balance-Sheet of the Provident Life and Trust Company of Philadelphia written by Provident Life and Trust Company and published by Forgotten Books. This book was released on 2018-09-10 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Fiftieth Annual Report and Balance-Sheet of the Provident Life and Trust Company of Philadelphia: For the Year 1914 The relations Of the two departments of the business are fixed by the provisions Of the charter. The entire surplus in the Insurance Department accumulates for the benefit of the policy holders. The only advantage, direct or indirect, which the stockholders of this Company can at any time have from the union of the two features Of their business results from'the fact that the management of Trusts, from which they derive their profits, is done for them without charge. The accounts of the Insurance and Trust Departments are kept entirely distinct and separate. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.