AUSTRALIAN MUTUAL PEOVIDENT SOCIETY. Established 1849 The Oldest Mutual Life Office in Australia New Zealand Branoh : Head Office, Customhouse-quay Wellington Local Board of Directors : The Hon. Morgan S. Grace, M.D., M.L.O (Chairman) Charles John Johnston, Esq. (Deputy Chairman) William Seed, Esq. The Hon. George M. Waterhouse, M.L.C. Alfred de Bathe Brandon, Esq. Modical Officer Dr. W. G. Kemp, M.R.C.S. (England). Annual Division of Profit. The profits of the Sooioty are divided annually. Eesuft of ihe Thirty-ninth Year (1887). After making unusually ample reserves, the Cash Surplus was .£375,343, a larger amount oi profit than has over been realised or divided in onb year by any other office in the British Empire. The Invested Funds eiooed ... £7,468,246 The Annual Income is upwards of 1,423,585 The Sooiety has moro than 82,105 Policies in force, assuring upwards of 29,222,233 (exolusive of bonuses) During the last 39 years the Society, haa paid for Claims and Matured Endowments a sum exceeding 3,260,000 The Sooiety has divided among its members Cash Bonuses amounting to upwards of ,£3,222,557, yielding Reversionary Bonuses exoeeding 000. New Business. The now business of the last five years has on an average excooded i 53,000,000 per annum— a laeohe amount annually than has ever been transacted by any other Life Office in the British Dominion*. The cost of management, including commission, is unusually low, being only 9.1 per cent, of the total receipts of tha year." This rate of expenditure is less thau any other Life Assurance Institution either in Europe or Amorica, doing a corresponding amount of new business. UNrABAIiLELED ACCUMULATION OF Funds. The accumulated funds now exceed £7,468,246 Assure your Life in the A.USTBALIAN MUTUAL PEOVIDENT SOCIETY, AND BICURE AN ANNUAL BONUS OE DIVIDEND A Peitilkoe whioh no other Colonuli Life Office can grant its members. Be Careful that tou Select this socibtt, and do not be mißled bt the Similaeity op Name or some of the OTHEE YOUNGEE AuBTEALIAN OfFICIS. The Sooiety can bo considered quite as muoh a Now Zealand as an Australian institution, seeing that all moneys received in the colony are invested here in advances on mortgage of first-class freehold securities, loans to members on the security of their policies, 0» vernmont debentures, and freehold branch office premises ; and the Society is thus assisting in developing the resources \>i the colony. THE SOCIETY'S ASSETS IN NEW ZEALAND SECURITIES EXCEED £1,064,740 No Other Life Office in the Colony can give you suoh LARGE BONUSES AS THE AUSTBALIAN MUTUAL PEOVIDENT SOCIETY And the effect of an Annual Bonus, which can bo taken in Cash, will be to reduce the cost of assurance to the lowest possible minimum. If you are already sufficiently assured yourself, induce your friends to follow your example. The Society has raised its limit on a sinele first-class life to .£IO,OOO. Proapectusea, forms of proposal, the last Annual Report, and all other information, may be obtained on application to the Resident Secretary, Wellington, or from any of the Society's agents. N.B.— The Security afforded by tbit Society to its policyholders is unsubpassed by that of any Life Office in the world. EDWARD W. LOWE, Resident Secretary. A FAIRY SHOW OF PRESENTS useful, cheap. J. KITCHEN'S, Pantheon, Manners-street.
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Bibliographic details
Evening Post, Volume XXXVII, Issue 16, 19 January 1889, Page 2 (Supplement)
Word Count
532Page 2 Advertisements Column 4 Evening Post, Volume XXXVII, Issue 16, 19 January 1889, Page 2 (Supplement)
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