PROBLEM No. 11.
Some people say there is no romance in business and that a Brass Plate never brings Clients. Don't you believe that for one moment. Why, Jones owed all his misfortunes in life to a Brass Plate and a Motor 'Bus! It happened as follows:—
Mrs. James Wardle's Husband died on the 30th April, 1914. He was always called Mrs. Wardle's Husband, and he very properly left her his entire fortune, which, at his death, consisted of the following property:—
Freehold Property valued at £6,500, subject to a Mortgage of £4,500 at 5% per annum. The Interest was paid up to the 31st March, 1914.
£3,500 Local Loans 3% Stock quoted at 86-88.
£2,750 23⁄4% Annuities quoted at 77-8.
£2,000 Caledonian Railway Consolidated 4% Stock quoted at 98-100 cum. div.
£800 3% Bradford Corporation Stock quoted at 951⁄2-965⁄8 cum. div.
Life Policies and Bonuses £1,575.