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Public Companies The standard fire and marine INSURANCE COMPANY OF NEW ZEALAND. Capital ... £1,000,000 With Unlimited Liability of Shareholders. Head Office : Princess street, Dunedin. Fire. —lnsurances effected on all descriptions of property at lon est current rates. Marine. —Wool insured from sheepbacks or woolshed to London. Open policies issued to cover shipments to and from Great Britian, America, India, China, Australian Colonies, and New Zealand Ports. Guarantee. Fidelity of persons n eitna. tions of trust guaranteed. Rates of premium, and all other information, may be obtained on application to the undersigned. W. R. WATERS, 84S Agent, Lambton-quay. Australian mutual provident society. Established ... 1849. The Oldest Mutual Lite Office in Australia. Now Zealand Branch : Head Office, Customhouse-quay, Wellington. Local Board of Directors : The Hon. Charles Johnson Pharazyn, M.L.C (Chairman) The Hon. Sir William Fitzherbert, K.C.M.G., M.L.C, (Deputy-Chairman) The Hon. Alfred Do Bathe Brandon, M.L.C. Charles J. Johnston, Esq., M.H.R. The Hon. Morgan S. Grace, M.D., M.L.C, Medical Officer: Dr. W. G. Kemp, M.B.C.S. (England). Result or the Seventh Quinquennial Investigation. Total Cash Surplus £1,156,195 Dividend 1,013,233 Represents Reversionary Bonuses amounting to 2,094,392 This is a larger amount of profit than has ever been realised or divided, in respect of a period of five years, by any other office In the British Empire. The Bonuses declared by the Society cannot be approached by those of any Lite Office doing business in the colonies. Annual Division of Pbofit. The profits of the Society are to be divided annually. The Invested Funds exceed ... £5,000,000 The Annual Income is upwards of 100,000 The Society has more than 66,000 Policiesinforce,assuring upwards of ... 20,000,000 During thelast 35 years the Society has paid for Claims and Matured Endowments 2,000,000 The Society has divided among its members Cash Bonuses amounting to upwards of £2,000,000, yielding Reversionary Bonuses exceeding Four Millions. New Business. The new business of the last five years has exceeded two millious per annum— A LARGER amount annually than has ever been transacted by any other Life Office in the British Dominions. . The cost of management, including commission, is unusually low, being only 95 per cent, of the total receipts of the year. This rate of expenditure is, on the average, 18 per cent, less than that of the other Australian Mutual Life Offices, and less than any other Life Assurance Institution either in Europe or America, doing a corresponding amount of new business. Unparalleled Accumulation of Funds. The aooumnlatfd funds now exceed FIVE MILLIONS STERLING. Assure your Life in the . AUSTRALIAN MUTUAL PROVIDENT SOCIETY, AND BECUEE AN 'ANNUAL BONUS OR DIVIDEND, A Pedtlegk which no otheb Life Office in the colony 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. The Society can be considered quite as much a New Zealand as an Australian institution, seeing that all moneys received in the colony are invested here in advances on mortgage of first-class freehold securities, loans to members on the security of their policies, Government debentures, and freehold branch office premises ; and the Society is thus assisting in developing the resources of the colony. ,

THE SOCIETY HAS ASSETS IN NEW ZEALAND SECURITIES EXCEEDING SEVEN HUNDRED AND FIFTY THOUSAND POUNDS! No oxheb Life Office in the Colon? Can give yon each LARGE BONUSES AS THE AUSTRALIAN MUTUAL PROVIDENT (SOCIETY, And the effect of an Annual Bonus, which can be taken in Cash, will'be to reduce the cost of assurance to thh lowest possible minimum. If you are already sufficiently aaauied yourself, induce your friends to follow your example. N.B.—The Security afforded by this Society to its policy holders is unsubpassed by that of any Life Office in the world. The Society has raised its limit on a single first-class life to £IO,OOO Prospectuses, forms of proposal, and the last Quinquennial Report, and all other information, may be obtained on application to the Resident Secretary, Wellington, or from any of the Society’s agents. . EDWARD W. LOWE, 642 Resident Secretary. Money £lO ™ £IOOO BARNETT'S LAND AND CREDIT AGENCY Is the oldest established Office in Wellington for obtaining Loans with* out delay, and for procuring immediate Cash Advances on deposit of deeds of land. A. A. BARNETT, Oddfellgwe* Building, 595 Lambton-quay, ON MORTGAGE. MONEY TO LEND.—Any sum required from 6 to 7J per cent, according to tbe amount, either in Town or Country. City properties continue to rise in value, and now command full advances. OHAS. POWNALL & CO., Scriveners, Grey-street. [Established 1875] 359 M ° -- E r THE NEW ZEALAND TRUST AND LOAN COMPANY (Limited) are prepared to make advances from £SOO upwards on tb security of Freehold Land, and at current rates o interest. For further particulars apply LEVIN & CO., Agents. MONEY. THE undersigned is prepared to make advances on mortgage of Town or Country Freehold Property in sums of £250 or upwards. EDWARD PEARCE. | Wellington, 9. 1884. 56 London loan and discount BANK. Established, 1875. Offices—Johnston-etreet, nearly opposite the Theatre RoyaL Money advanced in sums from £lO to £SOOO, on approved personal security thus:— Loans of £lO, repayable 10a per week, receive £9 cash. Loans of £ls, repayable 15s perweek, receive £l3 10s cash. Loans of £2O, repayable 30s per west, receive £lB cash. Or arrangements can be made for monthly or quarterly payments., Bills of Exchange, Promissory Notes, or Acceptances discounted dally. Advances promptly made on freehold or leasehold properties (no mortgage coats), shares in public companies, bills of lading, bond certificates, life policies, or any other tangible security. All transactions entertained aid money advanced without delay if security approved of* All communications treated! as strictly confidential, Letters addressed Box 111* P»0*» will have prompt attention.

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https://paperspast.natlib.govt.nz/newspapers/NZTIM18850526.2.2.8

Bibliographic details

New Zealand Times, Volume XLIV, Issue 7486, 26 May 1885, Page 1

Word Count
947

Page 1 Advertisements Column 8 New Zealand Times, Volume XLIV, Issue 7486, 26 May 1885, Page 1

Page 1 Advertisements Column 8 New Zealand Times, Volume XLIV, Issue 7486, 26 May 1885, Page 1