Page 8 Advertisements Column 5

New Zealand Herald, Volume XXV, Issue 9149, 3 September 1888, Page 8

Public Companies. to applicants likely to become constituents, to dispose in other colonies any shares not applied for of the reservations for each colony, and also from time to time to issue, upon such terms as they may deem advisable, shares to customers. It is also intended to offer the whole or a portion of the nest issue in London. Profits.—The articles provide that the net profits after providing for maintenance of a reasonable current balance and reserve fund, will he apportioned yearly upon he following basis : - (a) In providing for a dividend not exceeding the rate of eight pounds per cent, per annum upon the paid-up capital. (l>) An appropriation at a rata not exceeding 2 per cent, per annum on such capital to a special fund for equalising dividends, provided always that no such appropriation snail be made whenever the said fund shall stand with the sura of one hundred thousand pounds to the credit thereof. (c) One-half of the balance shall be distributed amongst the shareholders by way of bonus or additional dividend, and the other half shall be divided amongst the constituents of the company being shareholders in proportion to the amount of profit accruing to the company from their respective transactions with the company during the preceding year. Powers.—The memorandum and articles of association will enable the company to acquire any similar business already established, and the provisional directors have already in view the acquisition on favourable terms of three such businesses carrying first-class connections. Powers will also be taken for lie company to act as trustees, executors, and agents of estates which include pastoral ana agricultural properties. The memorandum of association is published herewith, and the articles of association can bo inspected at the office of the solicitors of the company, Messrs. Allen and Allen, Phillip-street, Sydney, New South Wales; Messrs. Cuthbert, Hamilton, and Wynne, Collins-street West, Melbourne, Victoria; Messrs. O. and J. Downer, Central Chambers, King William-street, Adelaide, South Australia; Messrs. MacdonaldPaterson, Fitzgerald, and Hawthorn, Brisbane, Queensland. Able and experienced management in each department will be secured, and all appointments will be made by the directors after the floating of the company. In the formation of the company no promoters' shares will be issued. The cost of registration, law, broke! age, printing, and sundry preliminary expenses will, however, bo made a first charge upon the funds of the company. Already a large number of influential stationholders in each colony have promise 1 to send and to influence business to the company, and many have intimated their intention of becoming large shareholders. Shares will be allotted, as far as practicable, according to priority of application, ana as may bo considered most conducive to promote the best interests of the company. Applications will be received by the brokers named herein for the different colonies, and the share list will close simultaneously in each place. THE PASTORAL, FINANCE, TRUST, AND AGENCY COMPANY OF AUSTRALASIA (LIMITED). Form of Application lor Shares. To Messrs Brokers for Gentlemea, — I hereby request you will allot mo Shares in the above company, anil enclose you the sum of , being the application call upon shares ; and I agreo to accept the same or any less number that may be alloted to me, and sign the articles and memorandum of association when called upon to do. Dated at , this day of ,18 . Name in full .. _.. Full postal address .. „.. Signature Life Assurance. Government life INSURANCE DEPARTMENT. CHIEF ADVANTAGES. Low premiums and larse bonuses. Funds kept in New Zealand. Claims paid immediately after proof of death. Most liberal conditions. Low New Zealand mortality. Economical management. State security. TOTAL SUM ASSURED (including Bonus Additions) ... ... ... £7,135,243 TOTAL FUNDS (the whole invested in New Zealand) .. ... ... £1,328,193 111 addition to the above funds, the office has an ANNUAL INCOME of over ... ... ... ... £268,000 The Surplus Cash Profits in 1885 were £243,556 OPENING OF TO NT INK SAVINGS FUND SECTION. Tontine Savings Fund System Policies are now being issued. New Assurers and existing Assurance Policyholders will be allowed to join this section. All profits accruing after entering the section are set apart to be divided among the policyholders remaining in the section at the end of 1900, when liberal returns in cash are anticipated. The principles of tue Tontine and mode of keeping accounts are not kept secret, as in ase of other Tontines advertised. *»* Information can be obtained at the Head Office and all Branches and Agencies, and also from the Travelling Agents of the Department. F. W. FRANKLAND, Actuary and Principal Officer. D. M. LUCKIE, Commissioner. LIFE A u an ce. special. lyi UTUAL ASSOCIATION OF \ USTRALASIA, Head office 30, Queen-street, Auckland. Directors : A. G. HORTON, ESQ., J.P., CHAIRMAN. ARTHUR HEATHER, ESQ. T. B. KENDEItDINK, Esq., M.R.C.S., ENG. CONSULT THE NEW TABLES, Which provide for the RETURN, at the end of fixed periods, of ALL PREMIUMS paid, irrespective of BONUSES, with the right of continuing the assurance at the original rate. These tables offer to the public something entirely unique in the way of Life Assurance, and therefore must command attention. CHILDREN'S ENDOWMENTS are also-offered on the basis of PREMIUMS CEASING on the death of the member. SHORT PERIOD ASSURANCES may also be effected on most favourable terms. THE FIRST OFFICE to free Life Assurance from HARASSING CONDITIONS, Policies being INDE FEASIBLE FROM DATE OF ISSUE. BONUS YEAR, 1889. For PROSPECTUSES and EVERY INFORMA TION, apply at the respective agencies, or at HEAD OFFICE, No. 30, QUEEN-STREET (New Building). WILLIAM T. J. BELL, , Secretory. N.B. —The printed statements issued by thi 3 ' ' office give fuller particulars regarding its PROGRESS, present POSITION, and PROSPECTS, than have ever been required by Act of Parliament in any par of THE WORLD. Watches, Jewellery, &c. J j-j[ O W D e N , WATCHMAKER AND JEWELLER, QUEEN-STREET, Has now convenience for the making and repairing of Jewellery and for the repairs of every description Watches, Chronometers, &c., &c., and to further in ncrease his repairing and manufacturing depart ment he is disposing of the remainder of his PIANOS at and under cost Persons having old gold Jewellery can have it made up into new and fashionable articles to order, and all the better classes of Watches and Chronometers receive his personal supervision. Rotherhar.a'a English Levers in stock. Exhibitions. OF NEW ZEALAND ART. Mr. Charles Blomfleld, having just added a number of VIEWS OF THE TAUf'O AND WAIRAKEI DISTRICT To his already extensive collection, has determined to throw his STUDIO OPEN TO THE PUBLIC, Tourists and Visitors to Auckland are especially invited to view the collection, pourtraying as it does all the most striking features of our Picturesque Islands. Open Daily from 10 to 4; Saturdays, 10 to I C. BLOMFIELD'S STUDIO, 110, VICTORIA ARCADE (FIRST FLOOR), Auckland.