Page 7 Advertisements Column 5

New Zealand Herald, Volume IV, Issue 1121, 18 June 1867, Page 7

I NORTHERN ASSURANCE COMPANY. FIRS AND LIFE. ESTABLISHED 183 6. CAPITAL, £2,000,000. RESERVE FUND, £800,000. FIliK DEPARTMENT. IN"S~O\RAi!fCjE3 against iire are effected oil nearly every description of property at current rates of premium, and losses promptly settled. life department. Tho rates charged .in Australia are the same as those in England, being calculated on tho latest data of mortality there, and will be found peculiarly 1 favourable to Assurers. The Life Busings is divided into two distinct Branches: — 1. THE NON-PAF.TXCIPATION BRANCH, the Assured in which receive no additions to their Policies; the premiums being calculated on th.o lowest scale consistent with safety ; and •2. THE PARTICIPATION BKANCH, in which the whole profits, less a fixed percentage of th.Q premiums, for management and guarantee of tha sums assured, belong to the Policy-holders; and, in, reckoning these profits, the Com pan j T is, under its new Act of Parliament (1565), precluded from deducting anything beyond v/hat is actually paid away as commission to agents. The necessity felt hy all purely Mutuiil Societies of setting aside & , portion of their profits to form a guarantee fund is in this way avoided, and at Die same time that economy which is the boast of the mutual system is ensured. Policies can be sunendcred after they have been three years in duration, either (1) for their equitable cash value: or (2) o policy will be issued, free of future premiums, lor a sum equivalent to such value j or (3) a portion of the policy can be surrendered, and the Assuranco continued for the reduced amount, allowance being made for the premiums already paid. Policy-holders, in event of removal, can pay their renewal premiums at any of the Company's offices or Agencies at home or abroad. Loans.—Loans are granted on deposit of tha Company's Policies to the extent of their acquired value, free of legal expense to the borrower, the rate of interest charged being six per cent per annum. The last Bonus declared by the Company (in 1865) was at the rate of £1 7s. 6d. per cent per annum on the amount insured—a return which has been very rarely exceeded by any office, when the moderate rates of this Company are taken into account. Forms of proposals and every information can b6 obtained at tho office of the undersigned. THOMAS MAOKT, Queen-street, Agent for the Province of Auckland. WHAT IS LIFE ASSURANCE ? 1. It is the exercise of prudence—of benevolence. 2. It secures independence—domestic happiness to the widow and orphan. 3. It is more efficacious in its operation, as regards the moral and domestic comfort of the people, and in its tendency to reduce taxation, by its reduction of pauperism, and possibly of crime, than the legislation of our wisest statesmen, and if universally adopted, would be a national blessing. 4. It affords to persons of every class, and in every station of life, the means to avoid much future misery to thei families, and to render them independent of public or private charity 5. It is a scheme by which any sum of money may be secured at death, whenever that event may take place, or to be received at any given age of the life assured. THE QUEEN TNBURANCE COMPANY JL Of LIVERPOOL and LONDON. Eire, Life, Endowments, Annuities. CAPITAL, TWO MILLIONS STERLING. DIRECTORS IN MELBOURNE Chairman—Tfenry jcoungroan, iSa'.j. "W. Moore Bell, I'-sq. W. Kerr Thompson, Esq. Durham Nicholson, Esq. Fir 9 Department.—Fire insurances effected at tho lowest current rates of premium. All losses paid in the Colony. By ordc? of the Board, JOHN ROBERTS, Acting Secretary. J. T. G II LI OK, Auckland Agent. VICTOItIA EIRE AND MARINE INSURANCE COMPANY. ESTABLISHED 18 4 9. CAPITAL, £200,000. VICTORIA LIFE AND GENERAL I.NSUI:AN CE CO.V.PAXY. CAPITAL, £2,000,000. Head Offices : S2, Colours-street East, Melboukne. e UAAir.lt AN : The Hououhable Husky Miller, M.L.C. "jmiRE, MARINE, AND LIFE INSURANCES jL effected at the lowest current rates. Tertus of proposal, and '.very other information, to be had at the oiliee of the undersignud. YvILi.I Vu DAYIES, Agent for .Cnchunga; HENDERSON & iIAOF ARLANE, Agents. NEW ZEALAND t NBURA NC J£ CO M PANT. I CATITAL £250,000. HEAD OFFICES Corner oi Queen and Shortland-streets. G£ORGi£ P. IIERCi. - , Manager. f MPERIAL INSURANCE COMPANY Ol> I LONDON. Capital—£l,6oo,ooo. Agent~SAMTXEL JAUK3ON, Fort-street., BATH FREESTONE. i3'iHIS STONE,'Irom its durability, the large X dimensions of Blocks obtainable (the rock being very bouj> j}, and the moderate cost at which it can be work ed, is now being largely used in Australia, New Zealand, and other British Colonies. _ It has also been adopted at Rio de Janeiro foe public buildings, bridges, and other works connected with the Rio improvements. . The cost of labour on it m London is as under Per foot super, sawing, lid; plain wor*c, 3d; plaul circular, <«d • straight moulded, 8d ; circular moulded. 1b ; plain sunk, 6d ; circular sunk, 8d; straight moulded sunk, ts ; circular moulded sunk, Is 4a. The moderate cost at which it can be Bupplied, its desirable color, regular quality, fineness of texture, and the small expense at which it is worked, render it an effective and economical building material for Auckland and District. Testimonials relative to the quality of the stone, from the most eminent Architects and Builders, and the prices at whiih it can be delivered alongssiie at anv Dort will bo furnished on application to Messrs.-RANDELL & SAUNDERS, Stone Quarries,.Bath rriHE undersigned bega to intimate to his • JL and the public that he has recommenced bofl BUSINESS AS A BUILDER, and that he is now prepared to execute any orders that may be entruste to him with economy and despatch. J. C ADMAN, Queen-street Wharf