Page 1 Advertisements Column 4

Daily Telegraph (Napier), Issue 9822, 23 July 1900, Page 1

PKhwn^z MUTUAL LIFE ASSOCIATION OF AUSTRALASIA. Family Trust Policies. Tho object of this new form of Endowment Assurance is to guarantee to the Member that in the event of his death before Maturity of the Policy his Widow (or other legatee) shall have.no anxiety about Investing its Proceeds, the Association undertaking to pay INTEREST AT THE RATE OF FIVE PER CENT PER ANNUM thereon for 20 years, and then to pay the Sum Assured to the family, or as the Member may have directed by his Will. On the other hand, should the Member survive the period for which the Endowment Assurance was effected, the SUM ASSURED will be paid to him WITH THE ADDITION OF ACCUMULATED BONUSES. EXAMPLE. A man aged 40 next birthday effects a FAMILY TRUST POLICY FOR £2OOO. Annual Premium £ll2 for 20 years only. If he dies within 20 years, his Widow or any person to whom he bequeaths the Policy will at once receive an income of £IOO a year; the first of such payments being receivable immediately the Claim is established, and a similar payment on each of the following nineteen anniversaries of the death of the Member. At the expiry of the 20 years the Original Sum (TWO THOUSAND POUNDS) will be paid to the beneficiary. In the event of the Member living and paying premiums for the 20 years alter issue of the Policy, he will be entitled to receive THE SUM ASSURED (£2000) IN CASH, WITH ACCUMULATED BONUSES. In the event of the Member being unable or unwilling to continue payment of premiums after the first three years, the Policy automatically becomes PAID-UP for a proportionate part of the Sum originally Assured, but without participation in profits. It is difficult to imagine how any form of Policy could include more benefits at so comparatively low a rate of premium. Briefly, if the Member lives to realise his Endowment Assurance, he can invest the proceeds himself; although the Association will arrange to offer him most favorable terms, it he prefer to leave the amount, or part thereof, with them for another 10, 15, or 20 years. If he dies, the Association promises an even better INVESTMENT than lie could have arranged, coupled with ABSOLUTE SECURITY. ARTHUR B. GIBSON, District Agent. Tennyson Street, Napier. PIANOS &_ ORGANS. THE Largest Stock of Pianos and Organs in the colony is at the DRESDEN PIANO COMPANY’S DEPOT. Pianos by Rich, Lipp and Sohn, John Sroadwood and Sons, Bohm, Collard and ColLrd, Schwechten, Koch and Sohn, and other notable manufacturers. Time payments from 20s monthly. Organs for the Church, for the Home, for the School. Time payments from 10s monthly. It will pay prospective clients to place their orders with THE DRESDEN PIANO COMPANY, Lambton quay, Wellington, M. J. Brookes, Manager. Fred. W. Beale, Local Manager, Emerson street, Napier. We close at 1 p.m. on Wednesdays. W. STEWART’S Stabling and Shoeing Forge. IN returning thanks for past favors, I beg to intimate that owing to increase of Business I have obtained larger and more commodious premises, conveniently situated at the Corner of Emerson Street and Clive Square, NAPIER. * FEEDS Is. STANDS 6d. GAS ENGINES. THE MELVIN MONARCH OTTO CYCLE Gives the Greatest Amount of Power for the Least Consumption of Gas. We have For Sale at present One 4 H.P., also One 2£ H.P. size. These Engines are built specially to our order, to meet Colonial requirements. Power, Efficiency, and Economy are Guaranteed. We have placed over 60 in the colony, every one giving satisfaction. For particulars write IXTATEP, GAS ENGINEERING Ct> , TT PAIII AT 17 A.