Page 4 Advertisements Column 4

Auckland Star, Volume II, Issue 332, 1 February 1871, Page 4

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established 1849. FOR MUTUAL LIFE ASSURANCE, &c, withour personal liability. Principal Office: New Pitt-street, Sydney. mHE special advantages offered by this well_L established Society are— 1. UNDOUBTED SECURITY— On the 28th Feb., 1869, the ascertained total liability of the Society was £453,000 While the acG~,i"famulated assets Tvere 602,646 Showing a clear Surplus of ... £149,646 There is over and above the Assurance Fund, the additional security of a Special Reserve Fun* of £50,000. At the above date the Society had in hand equal-to 70 per cent, of the entire Assurance Premiums received from members. 2. LARGE BONUSES.—Because being a purely Mutual Office the entire Profits belong to the Assured, and have not to bo paid away in Dividends to Shareholders. Tho total Reversionary Bonuses declared by the Society amount to £485,000. Members of the Assurance Branch can obtain the value of their Bonuses in Cash, or appropriate them to a reduction of future ! Premiums. i Premiums may be paid Half-Yearly or Quarterly. Should a member die during the days of grace whilst the premium is unpaid, the Policy will still be valid and effectual. PROFITS DIVIDED EVERY FIVE YEARS. LOANS, within tho Surrender Value, are pranted to Members on the Security of their Policies. SURRENDER VALUES ore granted after a Policy has endured rJ hree Years. Conditions for Residence and Voyaging Most Liberal. THE AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Is a purely Mutual Life Office, Local to Australia and New Zealand, not confined to one Colony, but common to all ; Local to each Colony, but not restricted to any, and operating upon a broader basis, is therefore Safer than an Office confined within narrow limits. Is a Life Office having a large number of Policy holders in New Zealand, and investing its Revenue from that place in the Public Securities of the Country. The Assets of tho Society comprise New Zealand Debentures to the value of £64.000. Was established in 1849, and it has successfully passed through the ordeals to which all uew Life Offices are exposed. Having completed the Tweuly-first Year of its existence, it has achieved a position of Stability aucl Aflluence unexampled in the history of Life Offices. Its Accumulated and Invested Fund exceeds ±700,000 Its Income is over ... 200,000 a year. THE PROFITS BELONG EXCLUSIVELY TO lIS MEMBERS. From tho magnitude of its resources it is enabled to declare LARGE BONUSES. The sources of profit are increased by the high rate of interest obtained on the Invested Funds, also by the difference between the margin provided for Expenses, and the low rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, Neither of which can Exist in a New Office. The Annual revenue was increased by £32,236 from New Assurances effected in the past year, a rate of progress which entitles it to rank with the First-class Assurance Institutions of the United Kingdom. EXAMPLES OF BONUS. The following examples show the total Bonus Additions to the Policies of £1000, under Table A, up to 28th February, 1860 :— § y it a si I a? fl fl ■§£ *• -S3 -sl • ='s «!2 3 *< u>< q< -~< S, 23 BJ3 23 Up £ »»>g !>>a >>g g« • sS s£ sS £S 20 £1010 16 4 £395 9 1 £101 11 3 £45 13 C 85 1190 4 0 473 15 7 199 4 7 51 4 1 39 1285 10 0 503 13 9 214 0 3 49 11 11 42 1245 9 0 546 5 8 227 8 2 51 18 1 60 1347 910 020 7 4 272 18 73 19 1 Forms of Proposal and every information may be obtained on application to MR, H. GILFILLAN, Agent for Auckland. 7, Queeu-street. LOOK OUT FOR THE BLUE BOOT, CHEAPEST HOUSE IN TOWN FOR GOOD COLONIAL PEGGED BOOTS. JUST arrived, a large quantity of Ladies' Best Kid Boots, from Bs. 6d. Maids' Kid Boots, from 4s. 6d. ' A Large and Well-assorted Stock of Children's Boots, from 2s. Easy Style of Boots and Shoes Made to Order on the Premises. Repairs Neatly Executed, at a Price to Meet the Times. Note tke Address : — B LITE IBOOT, 203, QUEEN-STREET, Two Doors from Marks' Loan Office, ak» J. and J. Dickey's. C. BROOKES. I