Page 5 Advertisements Column 6

New Zealand Herald, Volume IV, Issue 1207, 27 September 1867, Page 5

THE SOUTirffißN CCrMPANY (LBiITED). ! REGISTERED CiriXAL; ONE MILLION. PAID-UP CAPITAL: NEvETT THOUSAND POUNDS. IvE3siiTE Fxjxd : Thieit-ji vjs Thocsajtd Pounds. HEAB OFFICE: MELBOURNE. DIRECTORS: The Hok. S. G-. Hentt, Chairman. Fiu\ci3 John Bligh, Vice ; Chairman. J. H. Blackwood W. K, Tsosisox Jas. L. Btjeke Pmrps Xtootuli, JASISS XJOSTNCEX j J*A3CE3 WHXEE It. Semts Sicis. MABINE KISE3 on every: description of insurable interest accepted at current ratesand loßse3 payable, at the option of the assured, either at the Head Office, Melbourne, or at any of tho Agencies or Branch Cilices. CSUIOKSHANK, BMAET & CO.j * Agents. Auckland, September 28,1867." ' 1 NORTHERN ASSURANCE COMPANY. FIRE AND LIFE. ■ • tESTABLISHED 183 6. CAPITAL, £2,000,000. . RESERVE FUND, £800,000. FIBE DSP A B TMEITT. INSURANCES against fire are effected on nearly every description of property at current rates of premium, and losses promptly settled. LIFE DEPABTMENT. The rates charged in Australia are the Bame as those in England, being calculated on the latest data of mortality there, and will ba found peculiarly favourable to Assurers. The Life Business is divided into two distinct Branches:— 1. THE NON-PARTICIPATION BRANCH, the Assured in which receive no additions to their Policies; the premiums being calculated on thelowest scale consistent with safety ; and 2. THE PARTICIPATION BKANCH, in which the whole profits, less a fixed percentage of thepremiums, for management and guarantee of thesums assured, belong to the Policy-holders; and, in reckoning these profits, the Company is, under itsnew Act of Parliament (1865), precluded frontdeducting anything beyond what is actually paid, away as commission to agents. The necessity felfc by' all purely Mutual Societies of setting aside a portion of their profits to form a guarantee fund is in this way avoided, and at the same time that economy which is the boast of the mutual system is ensured. Policies can be surrendered after they have been three years in duration, either (1) for their equitable cash value:: or (2) a policy will be issued, free of future premiums, for a Bum equivalent to such value j or (3) a portion of the policy con 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 the 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 Bonos 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 moderat rates of this Company are taken into account. Forms of proposals and every information can he obtained at the office of the undersigned. THOMAS MACKY, 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 lo reduce taxation, by its redaction of pauperism, sod possible of crime, than the legislation of oar wisest statesmen, and if universally adopted, would be a national blessing. 4. It affords to persons ol every class, and in every station of life, the means to avoid much future misery to thel families, and to render them independent or 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 tfie life assured. THE QUEEN TNSURANOB COMPANY 1 Of LIVERPOOL and LONDON. Fixe, Life, Endowments, Annuities. OAPITAL, TWO MILLIONS STERLING. DIRECTORS IN MELBOURNE Chairman—Henry Youngman, JJaq. W: Moore Bell, Esq. W. Kerr Thompson, Esq. Durham Nicholson, Ksq. firs Department.—Kre instances oficoted at fch.® lowest current rates of premium. Ail losses paid in the Colony. By order of the Board, JOHN KOBEB.TS, " Acting Secretary. J. T. GAELICS, Auckland Agent. NEW ZEALAND |NSUBANCE COMPANY OAPITAL £250,000. HEAD OFFICES : Comer ot Queen and Shortland-streets. GEORGE P. PIERCE, Manager. CMPEBIAL INSUBANOE COMPANY OF 1 LONDON. CAPITAI—£I,6OO,OOO. Agent—SAMUEL JACKSON, Fort-street. I SLATES. SLATES. SLATES. BEST BLUE BANGOB COUNOUUVM ' X-ESS SLATES, ex 'Mary Shep- [ herd,' for Sale.—Apply to ANDREW MERCER, Slater, 1 "Upper Quean-street