Page 3 Advertisements Column 4

Oamaru Mail, Volume II, Issue 378, 10 July 1877, Page 3

FOR SALE TO LET About 100 ACRES of Good AGRICULTURAL LAND, within two miles of Railway Station. Apply to 114 GEORGE SUMPTER. npHE UNDERSIGNED are daily ex pecting, per Roderick Dim, — 200 TONS SCOTCH COAL. We are also landing, ex Isabella Anderson 100,000 FEET RED PINE AND KAURI, all sizes. 9 C. GALBRAITH AND CO. [" O W L A N D I N G> Ex Mora, from Newcastle, BEST AA COMPANY'S COALS, At Lowest Price. H. AITKEN. THE UNION FIRE AND MARINE INSURANCE COMPANY OF NEW ZEALAND. Capital, £2,000,000 Sterling, In 100,000 Shares, of £2O each, on which it is proposed to call up £1 per share, as follows, viz., 2s. Gd. per shave on application : 2s. Gd. on allotment ; and six further calls of 2s. Gd. ea di at intervals' of four months. rUOVISIOX.VL DIRECTORS. John Anderson, Esq. W. D. Carrathers, Esq. (General Manager New Zealand Trust and Loan Company) John Connal, Esq. (Messrs. Edwards, Bennett, and Co.) P. Cunningham, Esq. (Messrs. P. Cunningham and Co.) Andrew Duncan, E.s<|. (Messrs. Duncan and Son) J. J. Fletcher, Esq. (.Messrs. Solanders, Fletcher, and Co.) L. Harper, Esq., M.11.R. (Messrs. Hanmer and Harper) T. M. Hassal, Esq. (Messrs. Miles, Hassal, and Co.) John Inglis, Esq. (Messrs. Mathesoivs Agency) W. Montgomery, Esq.. M.U.R, H. P. Murray-Aynslcy, Esq., M.H.R. (Messrs. Miles, Hassal, and Co.) J. Palmer, Esq. (Chief Oiiieer Union Bank The Hon. J. T. Peacock, M.L.C. W. Reeves, Esq. G. G. Stead, Esq. (Messrs. Ftoyso, Stead, and Co.) John Stuilholme. Esq. W. D. Wood, Esq. (Messrs. Wood, Shand, and Co.) Union Bank of Australia. Messrs, Hanmer and Harper.

rjpHIS Company is organised in response 1 to the -wish of a large number of Capitalists, Merchants, and others, who have already promised a considerable amount of support, and -with the intent of olr'ering to the general body of the public a further opportunity of becoming, as far as possible, their own insurers. The increase of insurable property in this Colony has been so rapid that there is, in the opinion of the promoters, ample .scope for the operations of another Company. The lure and Marine Insurance Companies already formed have met with such great and unvarying success, that it is unnecessary to refer to the profitable nature of such undertakings ; but it may be pointed out that this Colony is subject to natural conditions singularly favourable to insurant c business. One of the most important considerations involved is the distribution of risks, which is here secured through the division of population, and, consequently, of insurable property amongst numerous centres as yet but sparsely occupied. The large proportion of substantial buildings now being erected may also be noted as a feature favorable to the limitation of risks in this enterprise. One of the most profitable branches of Marine Insurance is in interprovincial and intercolonial business, a large proportion of which the promoters have reason to rely upon. In the allotment of shares the Provisional Directors will endeavour to secure an equitable distribution throughout the Colony, so as to combine a powerful association of investors for the security of the assured, together with persons likely to influence busiAgencies will be opened throughout the Colony as speedily as possible, and local Directors appointed. The Chief Office is established at Christchurch. The following gentlemen will hold office as Directors until the first annual meeting, when they will retire in accordance with the articles of Association :—Messrs. J. Studholme, W. Reeves, T. M. Hassal, J. Palmer, J. T. Peacock, W. Montgomery, G. G. Stead, and W. I>. Carruthers. The Directors intend to secure the services of a thoroughly experienced and competent General Manager for the Company. Copies of the prospectus and forms of applications for shares may be obtained at any of the branches of the Union Bank of Australia throughout New Zealand, where applications for shares, accompanied by a deposit of 2s. 6d. per share can now be made. All' applications will be forwarded to Christehurch as received. The share list will close on the 15th August, 287