Life Assurance- : j _ "jV/S"UTUAL LIFE ASSOCIATION OF AUSTRALASIA . >**VUk MAU PCR£'J«T\ i -r, tcMS . | p • i (ESTABLISHED IBOJ. I a . I B P HEAD OFFICE: 30, Qoeen-stkeet, Auckland. * __ b BOARD OF DIRECTORS A.;G. Hortos, Esq., J.P. (Chairman) Arthur Heather, ESQ. II T. B. Kendeiidine, Esq., M.R.C.S., Eng. ABSOLUTE SECURITY ! r INCREASING BONUSES ! • SPECIAL TABLES, PROVIDING ADVANTAGES NOT OFFERED BY ANY OTHER LIFE OFFICE IN fl THESE COLONIES. I o The ASSOCIATION'S REPORTS contain fuller I particulars of its PROGRESS, POSITION, and f PROSPECTS than have ever been required by Legislation in any part of the worid. WILLIAM T. J. BELL, SECRETARY. A USTRALIAN MUTUAL PROVIJ\_ DENT SOCIETY. ESTABLISHED 1549. THE OLDEST MUTUAL LIFE OFFICE IN AUSTRALASIA. New Zealand Branch : c Head Office, Custom-house Quay, Wellington. c Local Board of Directors : 'j The Hon. Morgan 8. Grace, M.D., M.1..C., C.M.G (Chairman). The lion. Charles «T. Johnston, M.L.C. (DeputyChairman). Alfred de Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G. Nicholas Reid, Esq. Medical OFFICER : Dr. W. G. Kemp, M.R.C.S., England. Assure vour Life in the Australian Mutual Provi dent Society, and secure an Annual Bonus or Dmdent, ft privilege whicli no other Colonial Life OtnctJ can grant its members. Be careful that you select this Society, and do not be misled by the similarity of name of some of the other younger Australian Offices. 'Die attention of the Members and the General Public is called to some of the special features con- ] nected with this Society, which is the oldest Colonial Institution of its kind, having been established in the year 13-49. The results of the business for the Forty-first Year, ending 31st December, 1839, may be summarised as under: — First—The number of the New Policies issued was 11,664. 3 Second—The new Assurance business effected was > for £3,673,459- < Third—The New Annual Premium Income amounted £ to £121,800. Fourth— Net Increase to the business, allowing for loss of income from terminated policies, 3 was represented by 7023 policies, assuring £2,109,199- 1 Fifth — operations of the year raised the annual income of the Society from £1,512,280 to £1,625,185, an increase in twelve months of £112,905. Sixth—The Accumulated Fund was increased during • the year by the sum of £742,311, equal to 71 per cent, of the gross premiums received. ; Seventh—The deaths among lives assured were 649 under 735 policies, causing claims upon the Society amounting to £299,602, irrespective of bonus additions, wnile the number expected * according to the tables used in estimating the liabilities would have been 1143 for an amount , of £438,976, the mortality experience being thus extremely favourable. Eighth— receipts from Interest and Rents were • £516, an amount exceeding the sum paid for the claims by £138,852. Ninth— expenses of management were only 9-5 per cent, of the total receipts. Tenth— cash surplus divided for the year 1889 was £426,494, being at the rate of 41'6 per cent. on the premiums received. The operations of the Society during the 41 years of its existence may be summarised as under : — It has issued 141,907 policies, assuring £49,417,717. It has paid to the representatives of deceased J members over £4,000,000, in satisfaction of death and matured claims. It has divided among the members cash bonuses aggregating over £4,000,000. yielding reversionary additions of over £8,000,000. It has acquired an Accumulated Fund of £9.000,000, all invested to yield fully 6 per cent, interest. Assets in New Zealand—£l,273,sl4. EDWARD W. LOWE, Resident Secretary. Branch Office : CUSTOM-HOUSE QUAY, WELLINGTON. Auckland District Office : C. W. II EMERY, District Secretary. Photography. J3HOTOGRAPHIC WAREHOUSE. W. PARK, Dealer in all kinds of Photographic Goods, Magic Lanterns, and Slides. Albutnenised Dry Plates and Cameras, Bromide {[wjj|j{j |j!a and Papers jjig jjj-J lenses, By Best English and Foreign Makers. Pure Photographic Chemicals, Enamel and Negative Collodions, etc. WELLESLEY-STREET, AUCKLAND. iimnnm' ARTIST AND PHOTOGRAPHER, 270, Quekn-street, Auckland (Opposite the Fireball) FIRST-CLASS WORK MILLION PRICES. Established 1882.] [Telephone, 396, 02 > 02 | * DRY PLATES, most Reliable most Potiect-the Cheapest. CHEMICALS, VARNISHES, SENSITIZED PAPERS, and Eriry Requisite at A. B. BROOMHALL & CO.'S ft PHOTOGRAPHIC WAREHOUSE, , SHORTLAND-STREET, AUCKLAND. J A Dark Room for use of Tourists Free of Clwrge. Young men s christian association. NEW PREMISES: Corner of Albert and Wku.ksi.ey Streets Reading Room comfortably furnished. All the e leading papers on the tables ; Subscription, is fid 1, per quarter. The Library contains upwards of 2800 [. vols, in the various departments of literature ; Sub cription, 2s 6d per quarter. Tea and Coffee ie Provided. Employment and Boardinguous* n registers. b Meeting cor Young Men on Tuesdays, at 7.30 Evangelistic Services, Thursdays, at 7.30. Bible Reading and Prayer, Saturdays, at 7.30. Bible Class, Sunday, at 3 p.m. STRANGERS and others (especially Young Men) cordially invited to visit the Rooms, where all infor mation may be obtained Open from 9 am. to 10 p.m
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Bibliographic details
New Zealand Herald, Volume XXVIII, Issue 8541, 15 April 1891, Page 2
Word Count
791Page 2 Advertisements Column 4 New Zealand Herald, Volume XXVIII, Issue 8541, 15 April 1891, Page 2
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