Amusements. JJOYAL PRINCESS THEATRE, THIS EVENING, The performance will commence with Shake* speare’s magnificent Dramatic Poem, A MIDSUMMER NIGHT’S DREAM ! To conclude with A GRAND COMIC PANTOMIME; Or, THE SPIRIT OF FUN. meetings. DUNEDIN GASLIGHT AND COKE COM* PANY (LIMITED). NOTICE is hereby given, that in conformity with the Joint Stock Companies Act of 1860, the ordinary General Meeting of the Company will be held at the Company’s offices, Princes street, on Tuesday the 4th of January, 1870, at the hour of two o’clock in the afternoon. BEN. B. WILLOUGHBY, Secretary. 1. To receive the Directors’ Report of the proceedings of the Company for the year ending December 31st, 1869. 2. To receive Statement of Accounts. 3. To Elect a Director. Public Companies. R OYAL INSURANCE COMPANY. SECURITY Should be the First Consideration in Insurance Transactions. The Directors of the Royal Insurance Company have the pleasure of supplying the following information to the public, as evidence of the ample security they afford to their assurers • THE CAPITAL of the Company, available for the purpose of meeting any unusual calamity happening to the Assured, is TWO MILLIONS STERLING. The amount actually paid up is L 88,495. This, with the Accumulated Funds in hand, makes the invested resources of the Company upwards of one million six hundred thousand pounds, which amouut is invested as follows: INVESTED FUNDS OF THE ROYAL INSURANCE COMPANY, 30th June, 1869. Real Property owned by the Company ... ... ... £219,571 11 3 Mortgages on Freehold Property ... 33,500 0 0 £30,000 Reduced 3 per Cent. Consols 28,085 I 3 India Government 5 per Cent. Debentures ... ... 100,000 0 0 English Railway Debenture Bonds 59,090 17 7 First-class English Railway Preference and Guaranteed Stocks 335,476 11 11 Loans to Local Authorities of various towns in Great Britain, who have obtained the sanction of the Secretary of State to borrow the amounts 143,560 12 6 Bonds of the Mersey Docks and Harbor Boards ... 62,341 14 8 Bonds of the British and Irish Magnetic Telegraph Co 10,000 0 0 Bonds of the Liverpool Corporation 5,160 0 0 United States Government Stocks 101,330 7 10 Canada Bonds and Canada Dominion Stocks 31,106 11 6 Short Loans on first-class English Dividend-paying-Stncks, with margins from 20 to 50 per Cent, on market values 477,195 0 0 Loans on Security of Life Policies 63,938 8 5 £1,672,356 16 11 The above is a complete list of the Investments of the Company at the date specified, in addition to which the funds are still further increased by amounts constantly varying, at different periods, in the hands of the Bankers and the Company’s Agents. At 31st December, 1868, these stood at £168,089 2 0 For the satisfaction of the Public, the whole of the securities belonging to the Company are annually submitted to the careful scrutiny of two independent Auditors, and the foilowiug is an Extract from their Report to the last Annual Meeting:— “ The whole of your Books have been audited—every Document, every Account, every Voucher, your Bank-book, and every Security—all have been most carefully kept, and there is not one doubtful security in the whole. ” THE ACCUMULATIONS OF THE LIFE DEPARTMENTS, After payment of Losses, Annuities, and Expenses of every description, have been as as follows: Funds in Hand at the last Quinquennial Valuation, 31st December, 1864 ... £621,434 15 6 Added to 31st Dec., 1865 ... 103,146 7 3 „ „ „ 1866... 124,165 7 5 „ „ „ 1867 ... 128,583 510 „ „ 1868... 144,945 12 2 Total Accumulation of the Life Department on 31st December, 1868, exclusive of Shareholders’ Capital ...£1,122,275 8 1 The Directors also think it desirable to state that the business of the Royal has never been amalgamated with that of any other Company, and that the Liability of its Shareholders is unlimited. The bonuses added to Life Policies in this Company,' under their participation table, have averaged TWO PER CENT. PER ANNUM on the amount insured Licenses for the Voyage between Europe mid these Colonies and vice versa, are now granted by this Company free of charge to Abe assured. MRE INSURANCES AT LOWEST CURRENT RATES. Claims are settled promptly in the Colony, without rApnce to England. For detain of information on all points, see the Company’s Almanac, to be had of the agents, W [HENDERSON, LAW, & CO., Dunedin.
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Bibliographic details
Evening Star, Volume VII, Issue 2074, 29 December 1869, Page 3
Word Count
707Page 3 Advertisements Column 5 Evening Star, Volume VII, Issue 2074, 29 December 1869, Page 3
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