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Public HotloM CORNER OP GEORGE AND BT. ANDREW STREETS, JJUNBDIN CO-OPERATIVE GROCERY AND CROCKERY STORE. LAMPS I LAMPS HUPS From 2b to £B. CROCKERY, CHINA, AND GLASSWARE. GROCERY I GROCERY! GROCERY ! BEST BRAND KEROSENE,! 12s tin of four gallons. Having received largo shipments of tbo above articles, the Proprietors are now pre* pared to sell at IMPORT PRICES. To convince the public of the truth of their assertions, every article in the windows and store will be marked in plain figures, B. SINGER, Manager. To the Trade liberal discount allowed. Prospectus, PROSPECTUS OF THB UNION FIRE AND MARINE IN SURANOE COMPANY OF ZEALAND. CAPITAL: 1.2,000,000 Stbhlik(J, . In 100,000 Shares of L2O Each; it is proposed to call up fil per share as follows, viz. ; 2s 6d per share on application, 2s 6d ©n allotment, and six further calls of 2 1 fid each at intervals of four months. Provisional Directors ; John Anderson, Hsq. W. D. Cvruthera. Esq. (General Managt* New Zealand Trust and Loan Company) John < onnal. Esq. (Messrs Edwards, Bennett and Co) P. Cunningham, Esq. (Messrs P. Cunninchan and Co) Andrew Duncan, Esq, (Messrs Duncan am Son) •L Esq. (Messrs Sclanden Fletcher, and Co.) L. Harper, Esq., .M.H.R. (Messrs Hamme and Harper) Bassal, Esq. (Messrs Miles, Hassal, ant Co.) John Inglis, Esq. (Messrs Matheson’s Agency W. Montgomery, Esq., M.H.R. H. F Murray-Aynsley, Esq. , M.H.E, (Messr Miles, Hassal. and Co.) J. Palmer, Esq (Chief Officer Union Bank o Australis) The Hon. J. T. Peaceck, M.L.C. W. Reeve*, Esq. G. G. Stead, Eeq. (Messrs; Eoyae, Stead, ant vO«| John Stndholme, Esq. ®®q. (Messrs Wood, Shand, ant

>■ ' Bankers : 1 Union Bank of Australia,

Solicitors: j Messrs Hammer and^Harper, Tliis Company is organised in response to the wish of a large number of capitalists, merchants, and others, who have already promised a considerable amount of support, and with the intent of offering to the general body of the I Public a further opportunity of becoming, as ' * ar 88 possible, their own insurers. o The increase of insurable property in this i olony has been so rapid that there is, in the ‘ opinion of the promoters, ample scope for the operations of another Company The Fire and Marine Tn-urance Companies already formed have met with such great and unvarying success that it is quite unnecessary to refer to the profitable nature of such undertakings, but it may be pointed out that this Colony is subject to natural conditions sinSularly favorable to insurance business. One of the most important considerations involved is the distribution of risks, which is here secured through the division of population, and. consequently, of insurable property amongst numerous centres as yet but sparsely occupied, £ The large proportion of substantial buildings now being erected may also bo noted as a feature favorable to the limitation of rialrs in this enterprise. One of the most profitable branches of Marine Insurance is in mterprovincial and intercolomal business, a large proportion of which the promoters have reason to rely upon, In the allotment of shares the Provisional Directors will endeavor to secure an equitable distribution throughout the Colony, so as to combine a powerful association of investors for the security of the assured, together with persons likely to influence business. Agencies will be opened throughout the Colony as speedily as possible, and local Directors appointed. The Chief Office is established at Christchurch. The following gentlemen will hold office as i irectore until the first annual meeting, when they will retire m accordance with the articles of association ~ Messrs J. sttnholme, W. Sl T W T M M i Ha ® al,J n Palmer, J. T, PeaiTcaTOth^ 60111617 ’ O. Q. Stead, and W. The Directors intend to secure the services of a thoroughly experienced and competent General Manager for the Company. Copies of the prospectus and forms of appHcation for shares may be obtained at any oftha ? f xr the J ll ? 011 Bank of Australia f^aK ghoUt eW e^and > w bere applications for shares, accompanied by a deposit of 2s 6d as received. The share list will close on the 15th August.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18770714.2.24.5

Bibliographic details

Evening Star, Issue 4485, 14 July 1877, Page 4

Word Count
676

Page 4 Advertisements Column 5 Evening Star, Issue 4485, 14 July 1877, Page 4

Page 4 Advertisements Column 5 Evening Star, Issue 4485, 14 July 1877, Page 4

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