 A Stock Insurance Company is one in which the capital is owned by individuals called stockholders. They alone share the profits, and are liable for the losses.  The Complete Arithmetic - Page 76by Daniel W. Fish - 1874Full view - About this book
 | Daniel W. Fish - Arithmetic - 1874 - 302 pages
...conducted by Companies, which are either Joint-stock Companiet, or Mutual Companies. A Stock Insurance Company is one in which the capital is owned by individuals...Insurance Company is one in which the profits and losses axe divided among those who are insured. Insurance on property is principally of two kinds : Fire Insurance,... | |
 | Daniel W. Fish - Arithmetic - 1876 - 296 pages
...conducted by Companies, which are either Juint-stoek Companies, or Mutual Companies. A Stock Insurance Company is one in which the capital is owned by individuals...and losses are divided among those who are insured. Insurance on property is of two kinds : Fire Insurance, and Marine and Inland Insurance. 660. Fire... | |
 | Daniel W. Fish - Arithmetic - 1876 - 302 pages
...conducted by Companies, which are either Joint-stock Companies, or Mutual Companies. A Stock Insurance Company is one in which the capital is owned by individuals...and are liable for the losses. A Mutual Insurance Coinjxiny is one in which the profits and losses are divided among those who are insured. Some companies... | |
 | Edward Brooks - Arithmetic - 1877 - 528 pages
...generally done by stock companies. When an individual takes a risk, it is called an " out-door" business. A Mutual Insurance Company is one in which the profits and losses are shared by those who are insured. To prevent fraud, companies will seldom insure the full value of property.... | |
 | Edward Brooks - Arithmetic - 1877 - 232 pages
...generally done by stock companies. When an individual takes a risk, it is called an " out-door" business. A Mutual Insurance Company is one in which the profits and losses are shared by those who are insured. To prevent fraud, companies will seldom insure the full value of property.... | |
 | Silas Sadler Packard, Byron Horton - Business mathematics - 1882 - 224 pages
...The above does not include many town and county co-operative insurance companies. A Stock Insurance Company is one in which the capital is owned by individuals,...alone share the profits and are liable for the losses. The business of a stock company and also of a mixed company, is managed by directors chosen by the... | |
 | K. L. Armstrong - Encyclopedias and dictionaries - 1889 - 460 pages
...stockholders, have no voice in the management of the company's business or in the election of its officers. A Mutual Insurance Company is one in which the profits and losses are shared among the policy-holders (the insured.) Mixed Companies are a combination of the foregoing.... | |
 | John Edward King - Business mathematics - 1891 - 254 pages
...contributed and is owned by stockholders, who share the profits and are liable for the losses. 515. A Mutual Insurance Company is one in which the profits and losses are shared by the insured parties. Some companies combine the features of both stock and mutual companies,... | |
 | Horatio Nelson Robinson - Arithmetic - 1892 - 428 pages
...business is generally conducted by Joint Stock Companies or Mutual Companies. 3. A Stock Insurance Company is one in which the capital is owned by individuals...share the profits, and are liable for the losses. 4. A Mutual Insurance Company is one in which each person insured is entitled to a share in the profits... | |
 | Horatio Nelson Robinson - Arithmetic - 1892 - 428 pages
...business is generally conducted by Joint Stock Companies or Mutual Companies. 3. A Stock Insurance Company is one in which the capital is owned by individuals...share the profits, and are liable for the losses. EXAMPLES. 282. To find the premium or cost of insurance when the rate of insurance and the amount insured... | |
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