I .....The. Municipal;: Association .'of ..Victoria is ! ; endcßvpriririg tcestablisha , municipal oflicors' i- fidelity' guSfMitee/.fund: .The. Association-' i, pwit; eHt-bhat.,'during the. .-past, fifteen years v !, ,tlnv._rnarjiritcp: companies hnvc received •. i- ,£14,360 from, the. Councils, and .have only ' ■, .•l)con.,c'iill(Kl : -:on: : 'to.-j»ay-..i!22p3. • Companiee ■;. EuarautceV.ofricers.tm. the,.public . service' at i '2s 6d. por £100,' and charge municipal officers :'. an .ivorago pfl2s. per £10t). -When a rosorre ' i funl of £SsbO"is,accumuUt-ed—in about fire -,''' ■ ~' ..or'six'ypa'rs— : tliB■ Association rijl roduoe the , ...; :■ prcmiTiiiis ;ti)'ft practically: eoiansl.iwount, , i MiV will only, continue.,tb« proeont kkh rates', 1- tK> :that-.thc-fund; may.-.b-e .qntei'ly «£t»iaed. ■ : Altheugii'it'is,possible'Jlwttrii (mie iretyoar : . ; or: two the elairiis. , upon the fnne May esceed. ■i th jv'ainount.: available,' .the AHncintion eoH-'. ■ '' '■•■ sido'rs'tho'risk very light,'and'intend niaking " a pro rata provisibn : f6r; cpntributibns trow'; , • • tha Council^to moet.ttrt delieicnej , . . Already : 165 etrii'ol,2o6 muaictnalitief, of Vietoii&.heTo ■•■ exprbMod;approval ;6f the sehctnb., anfl Row: ' ;thnt'ParliatrientaTy'sanctien has kjon no- '-■ tniftbd' it is oxpocted,that ethen will gire ; their Cbhsont, anda jbiiit futid MtalilisJhhil . r by" which .the-Association cliiiriW tliAt a •; • manent and; substautial rrducuJpn ; will be ■ riiade in the cost of giiarantoea. • .:
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Bibliographic details
Dominion, Volume 1, Issue 16, 14 October 1907, Page 5
Word Count
173Page 5 Advertisements Column 2 Dominion, Volume 1, Issue 16, 14 October 1907, Page 5
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