Public Companies. rfiHE COLON/AX LIKE ASf-UKAWUi JL COMPANY, OF BMNBURGH. Established—lß46. \ Incorporated by Act of Parliament. Tlio Right Hon. the Karl of Klidn and Kincardine, ■ ' (joreruoi'-Umuii'ai of indiit. Head Office — • 6 ■GEORGE-STKKET. EDINBURGH. LOJVDON-81 LomLard-st., E.G. RESULTS OK THE BUSINESS For tlie Year ended 25th Mny, 1802, As reported it the Annual General Meeting of tlu Company, held Ist November, 1862. New Assurances for the Year £439,565 0 Corresponding Annual Premiums ... £ 15,331 1 3 Annual Revenue ... ... ... £120,719 11 3 Accumulated Fund .. .. ..£449,767 10 6 Subsisting Assurances ±'2,877,961 15 0 COLONIAL AND FOREIGN ASSURANCE. ' Local Boards ,a«d Agencies in all the Uritisli Colonies, where Proposals may be made, Premiums received, and CI.-iiYue paid. Moderate Kates applicable to different climates. Profits divided eVury live years. Divisions took pines in 1851 and 13591 wlien large additions were made to Policies. Ke'xt division in ISG4. Further information will bo supplied at the Company's ofiices and agencies. By order of the Directors, ' I, W. HARROP, ' Agent and Secretary to the Loca Board in Auckland. BOARD OF DIRECTORS In Auckland. The Hon. Reader Gilson Wood, M.G.A., Colonial Treasurer. Robert Waterson, Esq..of Messrs Brown, Campbell and Co., Shortland Crescent. Medical Adviser—Dr Samuel John Stratford. Agent and Secretary to the Board—l. W. Harrop. E. CHALMER, , Agent for Otago. THE COLONIAL LIFE ASSURANCE COMPANY, Established, 1816. _ Incorporated by Act of Parliament. Head Office—s George-street, Edinburgh. London—Bl Lombard street, E.G. And Head Office for New Zealand—Fort-street, Auckland. A Snb-Agency has been opened in Dunedin. under the direction of E. Chalmers, Esq, who is authorised to receive proposals for assurance, and to give every information respecting the rates, &c, for residence in the colony, and for various parts of the world. ' . , I. W. HARROP, i Agent and Secretary, Dunedin. HVTEW ZEALAND TRUST AND LOAN COM JM ■■■'■■. PANY, (LIMITED.) CAPITAL,~£SOO,OOO, In 20,000 Shares of £25 Each (with power to . increase.) £1 per Share to be paid on Application, and £1 on Allotment. 2.000 'Shares to be reserved for New Zealand. Trustees: Robert Brooks, Esq.. M.P. G. Grenfell GlyD, Esq., M.P. Ji J. Cummins, Esq. Directors : Sir Charles Clifford, late Speaker of the House of Assembly, New Zealand Sir J. H. Peily, Bart, Wnrnham Court, Horsham Captain Henry Carr tilyun, R.N., 15 Eaton terrace, Eaton square F. G. Dalgety, Esq., Messrs Dalgety and Co., j Greshain street .VJ ... - H. Selfe Selfe; Esq., English agent for the Government of Canterbury, New Zealand R. A. Brooks. Ksq , Messrs Robert Brooks and Co., St. Peter's Cliambers, Cornhill. Bankers : Tn London, Messrs Glyn, Mills and Co. In New Zealand, the Union Bank of Australia. Solicitors : Messrs Freshfields and Newman. Brokers : Messrs Mullens, Marshall and Daniel, 8 Lombard street Messrs A. J. Brunton and Son, Auction Mart. ! Skoketrrt: ;. W. D. Carruthers, Esq., pro tern. Offices : 31 New Broad street, city, E.C. This Company is established for the purpose of supplying to the thriving ar-d increasingly important colony of New Zealand those advantages which are already enjoyed by the colonies of Australia and Canada, .by the Trust and Loan Societies now existing. Its operations will consist of loans and ndvances on mortgage upon leal stcurity in New Zealand, for which the system of public registration of land estab lished there affords great facility, with perfect safety. ._ ■ ■ The Compnny will also be prepared to make advacees on securities of a substantial character, including those to municipal bodies upon their bonds; It is not. proposed thnt more than £5 shall be called upon each £25 share (of which £i will be sufficient for present purposes), but that to the extent of the. remaining £20 per share, the Company shall exercise its borrowing powers for procuring money in Great Britain upon debentures for terms of years at a fixed rate of interest. This money will also be lent in the same manner as the paid-up capital, and the lenders will be protected both by th securities taken and by the subscribed but uncalled capital, which will itself be equal to the entire amount borrowed. New Zealand offers peculiarly favo able opportunities for operations of the nature proposed; the prosperity of the settlers enables them to employ with profit large sums of money at rates of interest considerably higher than those ordinarily current in Eng,land; the simplicity of the local Jaws affecting real e'tate affords a safe and inexpensive mode of granting security; and property is" of steadily improving value, as the energies of the icolonist, the increase o population, and the resources of the colony itself be come further developed. :■• Thpse circumstances, and the successful operation of Companies of this description in other colonies, justify th 'directors in anticipating an amply remunerative return to Shareholders.1' - , - THE LIVERPOOL AND LONDON FIRE AND j LIFE INSURANCE COMPANY.-) i■ ■■ JStnpoieered by Actspf Parliament. ,;j Established,, in 1836. Having a Colonial Proprietary, and the following-' Board of Directors in Sydney:— J. S. Willis, Esq., Chairman. Hon. G. K. Holden, Esq., M.L.C. J. B Watt, Esq. M.L.C. Hon. E. D. Thomson, Esq., C.8., M.L.C. B. Buchanan, Esq. Edward Knox, Esq. Offices —Margaret-street, Wynward-square. Resident Secretary—A. Stanger Leathes. Capital subscribed exceeding £1,880,000 Accumulated Funds and Capital paid up exceeding. 1,156,000 Of which £200,000 are invested in the Colonies, in Government and other ■ Securities. Reserve Surplus Fund { 315,000, with unlimited liability ot the Shareholders. PflHB -UNDERSIGNED has been appoint JL Agent for Otago and Southland. and is autbo rised to receive applications for Insurance in both the Fire and Life Departments, which will be dealt with I y the Directors in Sydney, upon terms as liberal as hose of any other office. Medical Reforee— Hehky Nelson. M.D. All Claims are settled in the Colony, Tables of Rates for Fire and Life Insurance in all its Branches, and every information, oan be obtained from i GEO. S. BRODRICK, 1, Meroer's Buildings, Princes-street. Agent for the Company, i,, 1 N.B.—Applications' from Southland will be - ceived through Messrs. T. J. White and Co.,'lnvercargill, and Messrs. Surman and Crerar, Riverton, trom. 'whom Forms of Application and Tables of Rates can be obtained
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Bibliographic details
Otago Daily Times, Issue 419, 24 April 1863, Page 8
Word Count
999Page 8 Advertisements Column 4 Otago Daily Times, Issue 419, 24 April 1863, Page 8
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