The Record, Vol. 5

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Excerpt from The Record, Vol. 5: American Institute of Actuaries Article XIV of the Constitution of the American Institute of Actuaries reads as follows: "No resolution expressive of opinion shall be entertained at any meeting." The publication of any article in The Record does not imply a "resolution expressive of opinion" by the Institute, nor does it make the Institute responsible therefor. Communications to the American Institute of Actuaries should be sent to the Secretary. Rules of the Library American Institute of Actuaries Books in the library may be consulted at any time by Fellows, Associates, and authorized representatives of Contributing Members. Books may be withdrawn from the library by any member and retained for a period not exceeding two weeks. Such member assumes responsibility for the return to the library, in good condition, of any book withdrawn. If books are to be sent by mail or express, transportation charges will be paid by the Institute. 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.