Page 6 Advertisements Column 4

New Zealand Herald, Volume XXI, Issue 6999, 23 April 1884, Page 6

. . -Balance '.y l 1 A USTRALIAN MUTUAL PBOVi;? | ■ so: >ii pmT SOOlE'i'l.--fibi .' Ebtabeishbd *18 48. i TOB-f r.ryg ASSUEANCE THE JtUTpALP^HCIPLB. ' DmscToits: ■ • CHAJJU£AK~TEK Hoy. JOHS' SMITH, G.M.Q., DirirrrJ3a>xnitAS—lßAAO ■'H.si yjs3, lw> Iji Hffl. Ax.sx, CiMPBELL,u,-; \ • "G;"A."MUBRAY,"Esq.'>■ : : Tke'SOS- S, A. JOSEPS,' M.L.CL ' • "' * j . sW.'.O; j&tufitAY," Esa* 'j » .• .• .-.iQ' i " 1 •• ' of lhe Memlieit, to' be held Cljtin,"ber'if jcdmmtiret,Sydney on-WBDNE3-jjAYf the':Bßrd :day oi'April, , 1884, at Two o CloeSt " 7V?*is*** eratlficition' to" submit, contains .a , te<wd of HW Assurance business unequalled for magnitude in the history of'theSoolety.' ;sJ£s;. - - During the a twelve months , ending 31st .u , , .' December, ;1883, there have been received• '10,892 Proposals for sums amounting U) £3,883,873 . ir, -i'-of which v< f'" 1 •8.263 were declined, withdrttwn, n* noi. . , completed, amounting tqj-:.*,' — 1.505,850 ' leavug -v %>... • 'si 7,629 'Eropojials accepted and - - . ~,, , asttuiog . ... j i • •»'> v.'*3,677.7ZS ! 'This busine«s v includes ,222 non-partlclpatlng Policies assuring £63,052. . ■_ ■ The New premiums-amount'to £84.189 8s ;which £8822 10» The following is a suininary'of the business effected :—

• N -§-V *• " 'e» 'be * "t® ' £ ... ?Sri " 0 SS . ® . i g x g e. g-'g"' n ... « •; rtj 91 r*-.,-: . I*"^.'CO* J. , a ) .. . . g ■ ■ < ■■■'•-.- , § . g.. ." BB ."0-'0 <»0 r -w ' :; '•' S | § S |. JLj § -. , , w ifc.v i w . 800 Q ' « . e» . c» . .® o3 tsj . ... (j. , - « g' o 5 g ' £ i ■ j m ®«. — . ..H fi « 1 -""'Si ** S S *** & >3 iO •- • • • »o . H w £ « H . s S' r*. - O - I , CQ . f Ml•' \i ■ ■ - 1 ■ - — - t ; •; 3 .! I • ** I © , ' , - • • , . . . . _ . r ' ' ft,' 7 •" S3 '' ' >•" 525 e-il s- . ',•■ ,• i W...<* ' •• ; . : - Claims have arisen: under 417 Lots Ponionss, by thedeath ot 875, Membtrs,..amounting to £193,523 12a, .including £23,173 12s for' Bonus" additions., Fortynikt" Endowment" 'AfiixiralicC't' have L 'AlAo 'matured, amounting -t0"'V£20,659--18»,; ineluding £6788 18s for .Bpß^addlti.oh^jv.i-v!! ! :--;i; •.■> ••;.••• i Accumnlated iFnid/has been'increased by £676,129 8j ,9d, and BOVf to £4,924,713 ?s ,Bdf following. is a: summary, of; tho pollcles dll. continued during tlie.past ; 6 ■:: .1 - ' —y " —r-r z-if: A-**. k S- -g - -i o: - ..T •. r' . .v.-.Ji .g; ; , • ,|J ' -I, i :. ■t« -■ oS'S'S o : : i ovi 'IH-'.;-J- - * S5 '• ' ' " *'— ;X, A, /--r.'. | u S3 .co «, . co ; s,:/ : —: —? ———: 7 • »d * o- ■ < B % eg Si''; 53' S S.r g. ; ®8. - 3; a • 8 "■- - ■ . • g. ZT—^— ———j ■ : .-.i, r. ; .H .' ■ ,| . . SS; 3 & .fl rj N*IO «D *3 S ' , « O H to CO :v I-* - l »H «-( CO d«i . • M V' \§l" Slg- s • h. " a~ sr . '• 2 ' . Vi • --. : r M Sll SS S 5 O S5 -* .ca -<P .te •00 8 ST jf co" ■ : ..3 : :.%■ . IS3, ss s «• ■ • b — . ■ s '• d .. § '«■ <1 ■ "■ ,-<l. : Sg ■ .1., ' . ■■; ... -•. .-ef.. _'. . ■■■>1.. «d ■•■■■■ - £'-•#•" ' ' .' .i.r • jati ■/a & ■ ■ |S' •= -2 I ■ .. «sos-'|<- - ■ ~ . . ... V. y s„I ~ W,'- ; . ! The Ntjmesr or Polioiks Issued since the eitiblishment ef the Society to the- 31st 'December, 1883, la 79.664 Assuring £28,795,484, of which 23,885 hive been discontinued, leaving. 55,729 existing Policies Assuring • „ £40,298;409 _o o The Anhuai. Incok* from . Premiums amounts to ... . .. . .. £877.072 1 6 And from Interest to . .. .... 303,675 12 11 Making Abnttai. Bstveso* of the Society .. .. .. .. .. ' £930,747 14 4 The year just terminated' marks'the close ef the Seventh of 'tha Society's existence, and the Directors have much pleasure' in' congratulating the Members oh the extraordinary progress which has been saade during that period.. Xk» Actuary.is now enfeeged in v the; valuation of the liabilities 'of the S6clety aa at-Sls't Bacember last. " As scon a* these lhave .been ascertained.the surplus .wi|l be divided among the members'with allposilble spied. In' conformity with the alterations in the By-laws, conftrmed and finally passed on the 10th January, 18S3, subsequent distributions wiUbe made yearly.' , During the" past i year the District Aginoy system,'• wMch has been 'found to work'satisfacterily in New -South Wales, has .been introduced into Queensland and New Zealand, and this Improved method of controllingf the operations of the Society is now in foil working order in those colonies. - ' The new Braaob Offices at Hobart have been completed, , and the .business of the Tasinanian branch is now carried oh'in the Sodety's own premises. • -The DlrectoHThave decided to open a Branch with aLooal Board in. Western Australia, and a suitable site for business premiEes has been secured In Perth. The retiring Directsr is'th'e "Hon. S. A. Joseph, M.X.C.; Who will not be eligible for re-election until the Meatlng. Jons Hav QoodlAt, Esq., is the only candidate for the vacant seat; OieRQE HA3CIX.TOS, Esq.. the senior Auditor,' retires .is terms 'of By-law. Xj and it will devolve ' upori the Meeting "to «loct his succtMor. The folhare giren notice of: their intention to be candidates vacancy; Bobxbi Qiuhjjln, Esq., jAHCs Esq.", "Chajius A. Bobet. Esq.- : •' '• •' ,L--: ...• ; r rl , JOHN SMEPH, . ( Chaimas. . •: BEVENUE ACCOUNT, " Jfrcm Ist, January to Sist'December, llis£ " > ; £ " S. d. Ataonnt of Funds 6n Ist January, 4.849,68<v 0 11 Benewal Premiums .. .. 575,551 8 1 : New Promluina on Policies.-/^-. suring £2,677,723, and yielding an Annual Revenue of £85,865'19s 3d - 73,729 18 4 CoflsideratioH fbt 'Annultios gr»'/ted J ' " 8,527 "6 9 ■Interest — — -280,208 311 5,287,740 12 7 : Cs, ~. i-, , ... j£ s, d£ s. .d.,' Claims under Policies I ;.'' _l * .168,868 6 -7 EndowmentsUatnitd wi , v. , ;u_- .. 31,800 14 o Surrenders „ .. ». 83,202 17 ' 6 Annuities ■ :,a .. -U 16 0 Bonuses Mid iniOath - .. -ti -(1,46119 111 Commission — on New 'Premiums '' ' ... '28,039 S 6 •' " ; ■ Do.oaKenewala .. 6,518 13 8 " . .. : •. , - — .81,657 19 1 Makaobhekt . Salaries ..-,r .. 25,140 17 10 ~... - Directors' Fees.: ... 3,476 'O \ Auditora'Feesv. " 630 8 0 " : Medical Foaa and EX- . i-;.? t .penses.. .. .. .. . 12.857 17 9 . v Law Costs .. .. 228 7 8 Office Bent .. 8.690 9 7Advertising .. 2,488 12 1 , ! P.rlctlhg and Sta-n. , - tionery . .. ... 8,688 16 1Postage and Duty - - StAmps ■ 18 0' : • GeneralExpensas- - 2,297- lu Travelling Expenses .. - "763 13 1 license Fee N.Z., Tasmania &S. A. "259 7"6 Exchange "' ,ii« '~w« 510'-1S ' i T-- ' I ■■ 1E8.965-7 1 Amount of Funds 31»t Dec., 1885 t .. a 8 - 6i2 57,740, 12i - ~BALANCEDHEET, 31st December,,U?B. :; ' r '-- 3 • liTABTt.IttKg.ifuw . ;••• - ... £ , a. d. EndowmijnUiißa . ... 14" S 7 ' Anhuity'-Fahdv}"'"' r 71,637 6 8 •' Jr " •' ilnvestlnentFlffctUitien:;• , . :Fttnd:.... ... ..- .16,652 6 0 v Total SVndi as per Bevenue'Acconntu 4,924,713 9 8 CSaimi admitted or in*' ■ - ; nouitced, but not paid ; 67,622 8 . 4 ' l Annuities due 34 18 7. . Outstanding Accoonu ■ ' 7,547 6 9 ji , i".j3 : niUi. J iir >r.d-.r Um .4,999,917 IS i Asskts. . £ «, d.Loaas on Mortffaf e in . New- South, i Wales, "Victoria, Queensland," South' V .Australia, and New Zea1and;....1416.216 13 - 7 Loans SnthaSociety's Policies(trith- ' ' tteir Surrender.Value) .. "" i. - "678,372 18 6' New Zealand Government Debentures 166,783 7'l Queensland do••• s. • " 202.990 ' 7 South Australian do. — „ -20,112- 41' Tasmaniando. — .. . .. 40,400 0 ,