Page 3 Advertisements Column 3

Evening Star, Volume III, Issue 827, 30 December 1865, Page 3

THE ENGLISH,.AUSTRALIAN,- AND NEW ZEALAND MARINE INSURANCE COMPANY, (LIMITED). TO BE INCORPORATED UNDER '" THE ' COMPANIES STATUTE, 1864." C tal, £1,000,000, with power to increase. Ln 200,000. Shares of £5 each. THIS Company is established to secure -the co-operation of the various Colonies in obtaining the large premium income to be derived from : insuring their own Imports • and Exports, and will offer by a large paid up and subscribed capital, the most ample security, operating, owing-tothe distribution of the capital among the different centres of trading operations, with gi'eater safety and profit than if a large amount were invested at any one place. By the influence which will be brought to bear by Boards of Direction and shareholding bodies in e"ach Colony, the Company will secure, both through their English Branch and the respective Colonial Offices and Foreign Branches, the.premiums now paid to Foreign Companies. The establishment in each Colony will practically be a Separate Local Office, having the management of ' its own affairs, controlled by a Directory nominated and elected by the local shareholders. The Capital, .paid-up, and other funds in each place, will be invested/ as far as pi'actioable, in local securities, thus keeping on the spot adequate means of promptly meeting all liabilities and claims, and providing for ]}&ymetits at different ports of discharge, while the total Capital of the Company will be liable for each transaction, and reciprocal interests Will obtain a large amount of support to each'of the various offices. At the same time, by a combination of results, a more favourable average is secured, and much greater certainty of prolits will ensue. _An ordinary General Meeting of Proprietors will be held half-yearly at each office for the election of Directors and Auditors, the reception of the Report of the Local Directors, and other general business. ' The Directors of each Office will elect their ■Chairman and Vice-Chairman (both of whom will be ex-officio members of the General Court of Directors), Secretary, and other officers for 'conduct of the local business. First Issue, 60,000 Shares—which it-is .proposed shall be distributed as follows: Victoria 15,000 New South Wales 10„000 South Atistralia 10,000 >- Queensland 3,000 New Zealand Distributed among the Provinces, of which? 7,500 are allotted to Otago. Twenty Shillings per Share to be payable on allotment. It'is not intended to make any further calls. HEAD OFFICE FOR OTAGO, DUNEDIN. Number of Shares for allotment in Otago 7,500 A provisional arrangement has been concluded' by the promoters, by which-the Otago Insurance Company agrees to amalgamate with this Com pany, the Board joining the new Directory, transferring their whole interest and connection, and receiving Shares -of this Company, 'iu exchange for the assets of the Otago Insurance Company. The Company is being simultaneously promoted in the other Provinces of New Zealand, as well as in *the Australian Colonies ; ■ it is intended to .Register under the '' Companies Statute of 1864," (Victoria) by which the liability • of Shareholders is limited, thus obviating the expenses of obtaining a special Act of Incorporation by the Legislature, as is required by the New Zealand Law. PROVISIONAL, DIRECTORS : John Jones. Esq., Messrs. John Jones & Co. ! John Bathgate, Esq., Bank of Otago. John Reid, Esq., Messrs John Reid & Go. J. H. Barr, Esq., Messrs J. & J. H. Barr &-Co. With power to add to their number ; and the Directors of the Otago Fire and Marine Insurance Company. RANKERS :t The Bank of Otago. SOLICITORS PRO TEM. : Messrs. Smith and Dempsey. BROKER : Martin Sholl. Prospectuses and forms of application for shares may be obtained at the Broker's Offices. O . , 'GENERAL MERCHANTS, Stafford Stret, Have on SaleBlood's, Byass's, and Victoria Stores Porter" Tennant's, Worthington's, and Bass's Ale Hennessy's, Martell's, and Maryatt's Brandy Islay : and Kirkliston Whiskey Geneva. Rum, Old Tom, &c. Oilmen's Stores of all kinds Candles, full weights, Hale's Colonial Cheese Jams and Jellies Provincial Oats &c, &c. "ARNETT & IRECTORY, 1866, FOURTH TEAR OF PUBLICATION, Will be Published the First Week in January, With all the Latest Information, corrected up to the Last Week in December. E. ESQUILANT, Publisher, Manse street, Dunedin.