Page 2 Advertisements Column 5

New Zealand Herald, Volume XXVIII, Issue 8585, 5 June 1891, Page 2

/GOVERN NT LIFE INSURANCE V* DEPARTMENT. Established 1870. ■ ■■..; : .■' :i:-r- : -y ■■■:.:: :■<.■:■■.:■• -I'", iJ --r ..C,\Vv". ~.'a.:wV= .^'V-'.-:V'' V; ' :-■;,-:■..:_. , ■ '.■'"■/•,.;. .'." , -' .!■■■ ■' "' * ' , ■. ■ ". ■■' '. ■■ ,■■.■./.■■■;.. EVERY rpWCY GUARANTEED BY TUB STATE. • • LOW PREMIUMS and LARGE BONUSES. ■ The -aim of this Department has been to provide Life Insurance at this minimum cost. ' : compatible with safety. It does not charge its v policy-holders unnecessarily large premiums ' in order to enable it subsequently to attract ; tho ignorant by the glitter of Increased ' bonuses. The proniiums which it charges are •••; , the lowest compatible with perfect safety, : tend'axe less than the participating rates of any other office doing business in Australasia. - / lii epfte of this fact, 5 at tho last valuation ■ (December, 1885) th'o assets of tho ofilce were found to exceed the liabilities by no loss a sum , than £242,000 sterling-a % result* duo to economy of manages- ;• merit and low mortality. ; FBESJENT* FUNDS over ONE AND A HALF \<-,:-hs: >■•' MILLION POUNDS. ANNUAL INCOME oxceeds £300,000. . J, 11. RICHARDSON, {n •' ' CotaniiESionor LIFE ASSOCIATION OF AUSTRALASIA . E.STAISI ■" lIKD 1809) ' lIEAD OFFICE: JO,. Qt/EEN-STKKKT, AUCKLAND. BOARD OF DIRECTORS .: ■, A. G. lIOBXON, Esq., J.P. (Chairman) : Arthur HEATHER, ESQ. '• * • - T. B. KknDKHdine, Esij., M.R.C.S., Bag. ABSOLUTE SECURITY ! :; INCREASING BONUSES!. ; SPECIAL TABLES, - PROVIDING ADVANTAGES NOT OFFERED BY ANY OTHER LIFE OFFICE IN • THESE COLONIES. Tlie ASSOCIATION'S RKPORTS contain fuller particulars' of its PROGRESS, POSITION, anil PROSPECTS than have ever been required by Legislation in any part of the world. .■■■•.■. WILLIAM T.J. BELL, Secretary. A USTRALIAM MUTUAL PRO Vl'Jα. V DENT SOCIETY. established 1319. THE OLDEST mutual life office IN australasia. ' ,:. ■.:'.,. New Zealand Branch : Head Office, Custom-house Quay, Wellington. ':; V;: Local Board of Directohs ; The Hon. Morgan S. Grace, M.D., M.L.C., C.M.G , ■'":':■.. -. ■-:;■ (Chairman). ; , .■■; ..^ : v '" ! The Hon. Charles .T. Johnston, M.L.C. (Deputy.; Chairman). " : '■".: Alfredde Bathe Brandon, Esq. ,-■■■-'■■■'■ Tho Hon. Edward Richardson, C.il.G. Nicholas Reid, Esq. : . v . ..-.- Medical officer: Dr. W. G. Kemp, M.R.C.S., England. ■ Assure your Life in the Australian Mutual- Provi dent Society, and secure an Annual Bonus or Divident, a privilege which no other Colonial Life Office' can grant its members. ■ \,, - -. i ■ '» . Be careful that you selecfcStbis Society,' and do not bo misled by.the similarity of name of some of the other younger Australian Offices. *> The attention of the L Members and the General Public is called to some of the special - features connected with this Society, which is the oldest Colonial Institution of its kind, having been i established in tho year 1849. ~..-. . . ... The result* of the business for Hie Forty-firat Year, ' ending 31st December; 18S1), may be summarised as under:— •■ ■ First—The number of the New "Policies issued' was--11,66*. Second—The new Assurance business effected was ..for £3,679,459. •■•■■■ Third—The New Annual Premium Income amounted to £121,800. . Fourth—The Net Increase to the business, allowing :. < for loss of income ' from . terminated policies, , was : represented by 7028 ; policies, ; assuring . "." '£2,109,199.;' .■ .-..;. , .' . ;' ■ .■ '\\ ■ Fifth— operations of the year raised the annual income of : the Society from £1,612,280 to | £1,625,165, an increase n twelve months of ; £112,905. Sixth-*The Accumulated Fund was f .icrea<ed during the year by the sum of .£742,311, equal to 71 per , ■ cent, of the gross premiums received. ''■■■ • ■ ; ■.- Seventh—Tho deaths anionp; lives assured were 649 under 735 policies, causing claims upon the Society amounting to £299,602, irrespective of bonus additions, wriile the number expected according to the tables used in estimating the liabilities would have been 1143 for an amount of £488,976, the mortality experience being thus : '"'.■: extremely favourable. Eighth— receipts from Interest and Rents were £516,832, an amount exceeding the sum paid for the claims by £138,952. Ninth—The expenses of management were only 9"5 percent, of the total receipts. Tenth— cash surplus divided for the year 1889 was £426,494, being kt the rate of 415 per cent, on the premiums received. ', , The operations of the Society during the .41 years... of its existence may bo summarised under :—..-;-. It has issued 141,907 policies, assuring • £49,417,717. * It tan paid to the representatives >of deceased members over £4,000,000, in satisfaction of death and matured claims. It :as divided among tho members cash bonuses "' aggregating over . £4,000,000, yielding reversionary additions of over £8,000,000. ;.■■ has - acquired an Accumulated Fund of ,- : £9,000,000, all invested to yield fully 6 per ( " :'-■ cent, interest. t . .-■ ' '.: Assets in New £1,273,514..' ■ ',»■.: EDWARD W. LOWE, ', . Resident Secretary. V Branch Office:. ■ ', CUSTOM-HOUSE QUAY, WELLINGTON. ; j -' Auckland District Office :,;, C. W. HEMERY, . - - ' : 'i- ■ - ' District Secretary..'',: Oil and Oolpurmen. XXT ■■• T>HILLIITS & QON, 1-19 AND 161, QUEEN-STREET, ; Have just opened up a Largo Assortment of CHEAP ■ , : : '\" . I^ArERHANGINGS, ' , . '■..;■■:: ■■■*. ■ ■ , .. SCRIMS. POLISHED, SILVERED, AND HOUGH PLATIC SHEET, AND ORNAMENTAL ' WINDOW GLASS. \ WHITE LEAD, OII.S, TURPS, VARNISHKS ; . "... And all kinds of . li ■ PAINTERS' MATERIALS. ' PICTURE FRAME, • -■ MOULDINGS,® . • GLASS SHADES. \j ARTISTS' REQUISITES OK EVERY DESCRIPTION FOR OIL AND WATER-COLOUR . "' J '■•'/' PAINTING [Establish ki> ISUO.i J" OH N HENDERSON : : .; ; -- ■ :■■:,■-- .:...-..- : -r--:: .-■■■■,, ■~.-.. 13 & 16 WYNDHAM-STHBIST, PAINTISR GLAZIER, AND PAPERUANOER, ARTISTIC DECORATOR, SIGN AND GLASS WRIT Manufacturer of Lead Lights in Tinted Cathedral Stained. and 'Plain Glass' Tablets, Silk Bannoin, Wire Blinds. Private and : liusiiitm Designs Embossed in Plate, Kuby, lilue, Amber and.Slice GJ~u>», Original Designs. ......Venetian Winds Re-taped and Painted. , ■- ■'/■ , ,f. :fi ■.:.'„;•■;'■■■ h-« on SAI.K:~ '-. .•■ ■•.; : :,•.. Mixed Paint in Various Colour* for House ami Ship Work. JOHN HENDERSON, v 13 A 15 WVM»IAH-STRItb-l-.