Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

Insurance Companies Australian mutual provident society. Established ... 1819. ; The Oldest Mutual. Life Office in Australia . New Zealand Eranoh ; Head Office, Gustom-honsa Quay, Wellington, Local Board of Directors : The Hon. Morgan S. ‘Grace, M.D., M.L.C. (Chairman). Charles J, Johnston, Esq. (Deputy-Chair-man) - , de Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G., M.HR. Medical Officer: Dr. W. G. Kemp, M.R.C.S. (England), Annual Division of Profit. —The profits of the society are divided annually. Result of Fortieth Year (I88S). After , making unusually ample reserves, the Cash Surplus was £400,893, a larger amount of profit than has ever been realised or divided in one year by any other office in the British Empire. The Invested Funds exceed ...£8,169,310. The Annual Income is upwards of £1,512,280 The Society has more than 87,070 Policies in force, assuring upwards of (excluding Bonuses) £30,691,198 During the last 40 years, the Society has paid for Claims and Matured Endowments more than ... ... ••• £3,578,611 The Society has divided among, its members Cash Bonuses amounting to upwards of £3623,450, yielding Reversionary Bonuses exceeding £7,000,000. • New Business. The new business of the.last five years has exceeded on an average £3,000,000 per annnm — 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 8.8 per cent, of the total receipts of the year. This rate of, expenditure is less than any other Life Assurance Instituition either in Europe or America, doing a corresponding amount of hew business. Unparelleled Accumulation of Funds. —The Accumulated Funds now exceed £8,169,310. Assure your life in the AUSTRALIAN MUTUAL PROVIDENT SOCIETY, and secure an ANNUAL BONUS orDI VTDEND, A Privilege which no other Colonial Life Office 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 advance on mortgage on first-olass 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 Amounting to £1,163,813 I No other Life Office in the Colony can give you such LARGE BONUSES as the; AUSTRALIA?* 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 the lowest possible minimum. If you are: already sufficiently yourself, induce your friends to follow your! example. y ; N.B, —The 7 security afforded by this Society to its policy-holders is unsurpassed by that of anyjLlfe Office in the world. The Society has raised its limit on a single Hrst-clasa life? to £IO,OOO. Prospectuses;? Forms of Proposal, and the last Annual 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, , Resident Secretary. VICTORIA INSURANCE COMPANY (Limited), Established 1849; Reconstructed 1879. Capital ... £1,000,000. Every description of Fire, Marine, and Fidelity Guarantee Risks effected at the Lowest Rates. LEVIN & CO., Agents. Australian mutual PROVIDENT SOCIETY. This Society is prepared to grant Loans on approved first-olass Freehold Security. Borrowers will save payment of commission by applying DIRECT to the Society, at the offices, Customhouse-quay, Wellington. EDWARD W, LOWE, ‘ Resident Secretary. LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY, Established 1836. Invested Funds... ... £7,521,949 Claims Paid £20,316,928 Fire Reserve Fund ... £1,850,000 THIS Company offers to insurers the security of invested funds amounting to over SEVEN MILLION POUNDS STERLING. BESIDES THE UNLIMITED LIABILITY OF A VERY WEALTHY PROPRIETARY. BY A SPECIAL ACT OF THE NEW ZEALAND LEGISLATURE, THE COM. PANY IS IN A POSITION TO SUB OR BE SUED IN THIS COLONY. This Company has ever bean noted for its promptitude and liberality in settling claims. ■ ” 7’ 1 Lowest current rates for all classes of Fire Insurance. , . - ' . . .. LEVIN & CO,. Agents. FUNNEL TEA is a mixture of the purest Ceylon and Indian Te\s. T VIEWS OF MOUNT COOK AND V GREAT TASMAN GLACIERS.—A special feature of our collection of views is the set of photographs of Mount Cook and the Glaciers of the Tasman, Hooker, and Mueller. Many of these photographs were obtained at great personal risk daring a fortnight’s camping out on the great Tasman Glacier, a region only explored previously by three parties, viz., Sealey, Rev W. V. Green and guides, and Dr von Leadenfeld, and are beautiful pictures for sending to friends as representing the gigantic snowfields of these parts. The price of these photograph is the same as our other views, viz., 15s dozen, and will bo sent post-paid to any address immediately on receipt of money. A panorama of five plates, joined to roll up for posting, showing the whole sweep oi Tasman Glacier, 16 miles long, with Mount Cook Range, 12s.—-E.. WHEELER & SOU, New Zealand Scenery Depot (egt, 1865). 1 Cathedral-square, Christchurch, 217

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18900515.2.6.2

Bibliographic details

New Zealand Times, Volume LI, Issue 8990, 15 May 1890, Page 2

Word Count
847

Page 2 Advertisements Column 2 New Zealand Times, Volume LI, Issue 8990, 15 May 1890, Page 2

Page 2 Advertisements Column 2 New Zealand Times, Volume LI, Issue 8990, 15 May 1890, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert