| Show MUTUAL POLICYHOLDERS North Ii II ii I iJ t l i it lie I cH To Jo luke OHI O ct Their London May 13 3 An n Important devel development hint him taken loken place III lu connection with the th Ih Interests of ot of oC the lilt Mutual Life Insurance In company of ur New ew living In III Grat week weck till the tit North orth 11 1 II ph Mercantile Insurance In prom d to 10 toko take takeover over 01 the Mutual LIte Interests OH Ull the tho payment nl of ot the sanie they tIle the now nol are paying further lII I and with liberal privileges privileged and Inti Immediate hi In the tho profIts profit of It the capital This was found to be he practicable with regard to 10 policies representing and mib tib to full surrender value aluc With regard to the tho th North h Mercantile company declared lI It o 05 proposed ct to negotiate for tor these th 1 on liberal terms D I former fornier In London for or the tho Mutual Life lAte the till of ot the North orth Mercantile company to to the tho committee commutes of ot if holders holder presided over by Lord St Ht Oswald tho the tee ly by I resolved to 10 them Mr III will Join the North orth h Mercantile na as Joint mana RIT cr of ut Its ls life le department |