FIRE INSURANCE
f PBES3 ASSOCatATION XEUEGHAM.] : AUCKLAND/December 6.
The Auckland Chamber of Commerce held a meeting,to consider a circular from the TTnderwritera , Association, which' stated that if the property ineured at the, bre&koutof a fire snail ;;hs of ;greW«!? valu© than the sum thereoii, the Cbnipany shall malre'good such proportion only of> the 1633 as the sum so insured shall bear .to the whole value of the property/ aKI-ihat -thia applied to all etocks, plant, and machinery where the amount of itistfrance is aM uptfards,t6 take effect from November last. The Chamber resolved to aek the Association to give six month's notice before adopting this arrangement, and also, suggested a considerable" reduction.in the annual charges on
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Bibliographic details
Press, Volume XLVI, Issue 7417, 7 December 1889, Page 5
Word Count
116FIRE INSURANCE Press, Volume XLVI, Issue 7417, 7 December 1889, Page 5
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