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THE GOVERNMENT LIFE INSURANCE DEPARTMENT (PURELY MUTUAL) ANNUAL REPORT & ANNUAL BONUS DISTRIBUTION Record Surplus After further strengthening the Reserves a record divisible surplus of .£190,500 is disclosed by the 1927 Actuarial Investigation. This sdm has been distributed to policy-holders in the shape of reversionary bonus amounting to <£305,434. Bonuses which are now allotted annually have INCREASED from 50 to 100 per cent, in the last SEVEN years. Progress of the Department Sum Assured in Force (excluding bonuses) Annual Income Assets. 19 IS .. £13,257,682 £654,316 £5,480,570 £15,721,088 £755,519 £6,015,086 19 24 .. £17,190,783 £ 854,591 £6,650,905 1927 .. C 19.303.916 £987,326 £7,513,632 Cash Surplus Divided Period ending 31 December ’ Average yearly profits divided 1918-1920 £72,569 1921-1923 ' £105,854 1924-1926 .. •• •• £143,454 1927 .. ■ • • • • • £ 190,500 ALL FUNDS ARE INVESTED IN THE DOMINION. ALL PROFITS ARE SHARED BY POLICYHOLDERS. CONSERVE YOUR OWN AND THE NATIONAL WEALTH BY INSURING WITH YOUR NATIONAL OFFICE A. E. ALLISON, Commissioner, Head Office, Wellington. L. F. CASEY, District Manager, Greymouth. ■

GET THE BOOKLET “NATIONAL SERVICE” The Public Trustee is performing a unique service throughout New Zealand as Trustee of Estates and Administrator of Funds. He is represented in 110 cities and towns. All kinds of estates have been successfully handled during more than half a. century. The functions and operations of the Public Trust Office are fully described in an illuminating booklet entitled “National Service.” It may be obtained from any Office or agent, of the Public Trustee, or free by post from the Public Trustee, Wellington. CHILDREN GROW UP But Photographs stay young for ever. Let us help you keep a picture record of the kiddies NOW IS A GOOD TIME RING &INKSTER Child Photographers.

HARKER’S LUNCHEON AND TEA ROOMS, Are Replete with the Latest Modern Conveniences. MORNING TEA, with dainty refreshments. DINNER, from 12 to 1.30 p.mj AFTERNOON TEA, with appetising delicacies. ’Phone 327 and reserve your table. SMALL GOODS made daily from the best ingredients. PROFESSIONAL NOTICE. BARRY & SARGENT LTD. OPTICIANS, 685 COLOMBO ST., CHRISTCHURCH, WILL VISIT GREYMOUTH professionally, and may be consulted at their rooms in the, JUBILEE BUILDINGS, 55 MACKAY STREET, —on — AUGUST 15, 16 and 17.

PROFESSIONAL VISIT OF

P CHOLERTON, M.P.0.V., M.V.0.A., Etc., Optical Specialist of Nelson and Wellington. May be consulted on all defects of vision (i.e. glasses) at: REEFTON, Mr. N. Lawn, Broadway, August 13, 9 a.m. to 5 p.m.; WAIUTA, O'Donnell’s Hotel, August 14 to 16, 9 a.m. to 5 p.m.; BLACKBALL, Hotel, opposite Post Office, August 17 and 18, 9 a.m. to 5 p.m.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19280813.2.24.2

Bibliographic details

Greymouth Evening Star, 13 August 1928, Page 4

Word Count
411

Page 4 Advertisements Column 2 Greymouth Evening Star, 13 August 1928, Page 4

Page 4 Advertisements Column 2 Greymouth Evening Star, 13 August 1928, Page 4

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