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Hot Lakes Chronicle, Volume 3, Issue 154, 13 November 1895, Page 2

We are iu receipt of the annual report of Hie United Insurance Company which shows that the institution is in a sound financial position :mil entitled to rani; amongst the leod'ug Colonial companies, the total revenue for the year (ineludinir balance from previous year) amounts to £110,943 and the expenditure to £95,33!). -lie reserve fund amounts to £52,000. After deploring a dividend at the rate of '-i per cent per tuinum a balance was caiTjed forward to next year amounting to =3.215. Mr Arrhur Heather, Custom.' otreet, is Hi,. Auckland agent, and the company is -cprcscuted locally by Mr !•', t'- Watt. Huinotir sSems to ooze* out o'f some.pco:plo like musk out of (lie Muscovite. As they were hoisting the grand;piano on to toe balcony of the Grand Hotel the other day a seriousloblangindiyiduaiasked why the principle in operation was like a lazy dog? No answer being forthcoming the questioner remarked—The principle in "so is that of Hie inclined plane isn't it '-" '•Yes.'' "Well, an iuelined piaiuri* »■ slope up (slow pup I)