Books › The Toronto City Directory 1908, 1908 › scan 2
Scan 2
The Toronto City Directory 1908, 1908
30 lines. Read by computer on 18 September 2026. No printed page number was found. See the scan on archive.org.
1Canada Permanent
2MORTGAGE CORPORATION
3HEAD OFFICE, – STREET, TORONTO
5PAID-UP CAPITAL … $6,000,000.00
6RESERVE FUND … 2,750,000.00
7INVESTMENTS … 25,778,809.85
9PRESIDENT – – – – W. H. BEATTY
10FIRST VICE-PRESIDENT – W. G. GOODERHAM
11SECOND VICE-PRESIDENT – W. D. MATTHEWS
12JOINT GENERAL MANAGERS:
13R. S. HUDSON JOHN MASSEY
14SECRETARY – – – GEORGE H. SMITH
16SAVINGS DEPARTMENT
18$1
19and upwards received on deposit and interest paid, or added to the account and compounded, four times a year at 3 1/2%
21$100
22and upwards received, for which debentures are issued, with half-yearly coupons attached for interest at 4%
24More than ninety per cent. of the Corporation's Assets are invested in the safest of all securities, viz., carefully selected mortgages on real estate. It is therefore a favourite with the prudent depositor or investor, whose first consideration is absolute safety.
26Two or more persons may open a joint account with the Corporation. Such an account is a convenience to husband and wife, mother and daughter, two or more executors or trustees, etc., as it may be drawn upon by either.
28THE CORPORATION IS A LEGAL DEPOSITORY FOR TRUST FUNDS
29The Corporation's Debentures have long been a favourite investment of Benevolent and Fraternal Institutions, and of British and Canadian Fire and Life Assurance Companies, largely for deposit with the Canadian Government, being held by such institutions to the amount of more than ONE MILLION DOLLARS. They are a Legal Investment for Trust Funds.
The computer misreads some letters and numbers. Where a name matters to you, read the scan.