Article image
Article image

Life Insurance. , GOVERNMENT LIFE INSURANCE " DEPARTMENT. ! LOANS ON MORTGAGE, i From time to time a limited portion of the , funds is lent on first mortgage of freehold security, -with option of repayment by fixed Instalments, anread over 12,15, or 20 years. ' "Half-yearly Payment for each £100 period of Loan-* £ a. a, Twelve years ... 6 i 1 Fifteen years .„ ... 5 8 3 ' Twenty years ... ... 413 8 Loans repayable by instalments whereby principal and interest are both liquidated within & given time, and on terms of a most f favourable character, present marked advantages to settlers and others. The borrower may, before the expiry oi the full period, redeem the loan, with or without notice, on terms which can be ascertained at this office, or at any of the offices of this Department, where also forms of application can be obtained. For full particulars as to loans, apply to the Head and Branch Offices and Post Offices. F. W. FRANKXAND. Actuary and Principal Officer. D. M. LUCK lE, 0 \ ■ • Commig»ion«r. 1 NORTHERN ASSURANCE j.l COMPANY. Capital £3,000,000. ' statement shewing the progress of the NORTHERN ASSURANCE comf ANY, • Since its establishment in 1836. to the present time (1878). r Year Not F "'° Net Life ™ le Ac « f Year Revenue. Revenue. _ « 0 » Funds in Interest. hand _ __ _ £— 1836 000 700 1,200 38,200 1339 2,300 3,900 2,200 59,600 1842 3,200 13,300 2,800 75,800 1815 I 3,800 15,400 4,300 102,700 '848 I 0,000 20,500 0,900 151,600 ! 1851 1 8,700 29,600 0,800 172,800 1854 i 30,000 29,700 7,900 231,500 1867 | 78,000 60,100 16,600 386,000 1860 ! 121,400 66,300 21,400 585,200 1803 | 148,900 77,800 29,300 616,400 ' 1806 | 106,100 07,300 38,000 785,900 1869 | 197,700 119,100 46,200 1,031,800 1872 | 270,400 125,200 61,500 1,890,300 1875 I 351,800 141,300 90,900 1,918,600 1878 I 405,000 157,800 107,200 2,391,100 1881 : 451,400 181,300 120,500 2,708,100 J 1885 1 577,800 191,500 132,000 8,134,300 I LIFE DEPARTMENT. i It is worse than useless to possess a Life Policy „ unless there is the certainty that the sum assured i will he paid at death. A man may for years trust ; to it as the mipport for his family, and ultimately ] find that it is of no value. The sums assured by the , " NORTHERN"are guaranteed by the Shareholders 1 ..capital of Three Millions Sterling, and by its | Accumulated Funds, all safely invested, amounting | in December, 1885, to more than Three Millions One Hundred and Thirty-four Thousand Pounds, and continually increasing. In the Participation Branch, the whole of the ASCUKTAINKO surplus at each valuation belongs to the assured. 'Die undersigned, Agent for the above Company, i u prepared to accept Risks against Fire on Buildings and Contents in the City and Province of Auckland, > at the LOWEST CURRENT RATES. THOMAS MACKY. AUSTRALIAN MUTUAL PROVI DENT SOCIETY ' [Established 1849] FOR LIFE ASSURANCE > ON THE MUTUAL PRINCIPLE. J New Zealand Branch : Head Office.—CUSTOM HOUSE QUAY, WELLINGTON. Local Board of DirectorsHon. Morgan S. Grace, M.D., M.L.C. (Cha rman), Charles John Johnson, Esq. (Deputy Chairman), K William Seed, Esq., The Hon. George M. Waterhouse, M.L.C., Alfred de Bathe Brandon, Esq. ANNUAL INCOME EXCEEDS £1,423,585 STERLING. « INVESTED FUNDS I EXCEED £7,468,246 STERLING. 0 REASONS WHY YOU SHOULD ASSURE WITH THIS SOCIETY :— It is the only Colonial Life Office giving Annual 3 Bonuses, reducing the net cost of Assurance to the lowest possible limit. It is the oldest, largest, wealthiest, and most prosperous Mutual Life Office in the Southern Hemisphere. Ite Bonuses are larger than those of any other Life Office of similar age in any other part of the world. The Society has distributed amongst its members upwards of £3,222,557 in Cash Bonuses, representing Reversionary Bonuses exceeding £6,400,000 sterling. After making unusual ample reserves, the Cash Surplus for division for the year ISS7 was £375,343 a larger amount of profit than has ever been realised or divided in one year by any other office of the British Empire. The Society issued 9935 New Policies during the i year 1887, assuring £3,223,345, with new Premiums 1 amounting to £121,214. \ The Society Offers , UNDOUBTED SECURITY! i LIBERALITY! PROFIT! ! ! Its investments in New Zealand Securities are £1,064,742, and all the surplus Branch accumulations are invested in the Colony, thus making it essentially a THOROUGHLY COLONIAL INSTITUTION. " Be careful you select this Society, and do not be ' misled by the similarity of name of some of the younger Australian offices. i EDWARD W. LOWE, Resident Secretary. I C. W. HEMERY, Agency Clerk, Auckland District Office. LIFE ASSURANCE. SPECIAL. > 1%/jTUTUAL J IFE A SSOCIATION OF ~.. A USTRALASIA, Head Office 30, Queen-street, Auckland, Directors : A. G. HORTON, Esq., J.P., CHAIRMAN. ARTHUR HEATHER, ESQ. T. B. KENDERDINE, ESQ., M.R.C.S., ENQ CONSULT THE NEVV 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 INDEFEASIBLE 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). V WILLIAM T. J. BELL, Secretary. "M" "D —The printed statements issued by th ' 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. mO NEWSPAPER PROPRIETORS. . FOR IMMEDIATE SALE—A Splendid TWO FEEDER WHARFEDALE NEWS PRINTING ! MACHINE by Dawson & Sons, of Otley, Yorkshire Will print various sizes, up to four pages of the New Zealand Herald The Machine has been very little used, will be run to the satisfaction of he purchaser, and guarantee in perfect order. Will be sold cheap to make room for additiona web machinery. Stocks, Roller Moulds, Ac, all complete. WILSONS & HORTON, I Auckland,

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18890326.2.4.7

Bibliographic details

New Zealand Herald, Volume XXVI, Issue 9321, 26 March 1889, Page 2

Word Count
1,000

Page 2 Advertisements Column 7 New Zealand Herald, Volume XXVI, Issue 9321, 26 March 1889, Page 2

Page 2 Advertisements Column 7 New Zealand Herald, Volume XXVI, Issue 9321, 26 March 1889, Page 2