Page 7 Advertisements Column 4

Otago Daily Times, Issue 434, 12 May 1863, Page 7

Public Companieb. HE COLONIAL . LIFE ASSURANCE COMPANY, OF EDINBURGH. Established—lß46. Incorporated by Act of Parliament. Governor: The Right Hon. the Earl of Elgin and Kincardine, Governor-General of India. .. Head Office— 5 GEORGE-STREET, EDINBURGH. LONDON—BI Lombard-st., E.C. RESULTS OF THE BUSINESS For the Year ended 25th May, 1862, As reported at the Annual General Meeting of the Company, held Ist November, 1862. New Assurances for the Year £439,565 0 Corresponding Annual Premiums ... £ 15,331 1 3 Annual Revenue £126,719 11 3 Accumulated Fund ... .._ .. £449,767 10 6 Subsisting Assurances £2,877,961 15 0 COLONIAL AND FOREIGN ASSURANCE. Local Boards and Agencies in all the British Colonies, where Proposals may be made, Premiums received, and Claims paid. Moderate Rates applicable to different climates. Profits divided every five years. Divisions took placs in 1854 and 1859, when large additions were made to Policies. Next division in 1864. Further information will be supplied at the Company's offices and agencies. By order of the Directors, I. W. HARROP, . Agent and Secretary to the Locb 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 —I. W. Harrop. E. CHALMER, Agent for Otago. "YTEW ZEALAND TRUST AND LOAN COM IX PAKY, (LIMITED.) CAPITAL, £500,000, In 20,000 Shares of £25 Each (with power to increase.) £1 per Share to be paid on Application, and £1 on Allotine'nt. 2,000 Shares to be reserved for New Zealand. Trustees : Robert Brooks, E»q., M.P. G. Grenfell Glyn, Esq., M.P. J. J. Cummins, Esq. Directors : ' Sir Charles Clifford, late Speaker of the House of Assembly, New Zealand Sir J. H. Pelly, Bart, Warnham Court, Horsham Captain Henry Carr Glynn, R.N., 15 Eaton terrace, Eaton square F. G. Dalgety, Esq., Messrs Dalgety and Co., Gresham street H. Selfe Selfe, Esq., English agent for the Government of Canterbury, New Zealand R. A. Brooks. Esq , Messrs Robert Brooks and Co., St. Peter* Chambers, Cornliill. Baskers : Tn London, Messrs Glyn, Mills and Co. In New Zealand, the Union Bank of Australia. , Solicitors: Messrs Freshflelds and Newman. Brokers: Messrs flfcllens, - Marshall and Daniel, 8 Lombard street Messrs A. I. Brunton and Son, Auction Mart. Seomtrkt : W. D. Carruthers, Esq.,^ro tcm. Offices : 31 New Broad street, city, E.C. This Company is established for the purpose of supplying to the thriving atd 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 advances on mortgage upon real security 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 tbpfc 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 oi years at a fixed rate of interest. This money will also be lent in the same manm-r 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 England ; the simplicity of the local laws affecting real estate affords a safe and inexpensive mode of granting security j and property is of steadily improving value, as the energies of the colonist, the increase o population, and the resources of the colony itself be come further developed. These circumstances, and the successful operation of Companies of this description in other colonies, justify th directors in anticipating an amply remunerative return to Shareholders. THE LIVERPOOL AND LONDON FIRE AND LIFE INSURANCE COMPANY.^ Kmpowtred by Acts of Parliament. 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. Capita] subscribed exceeding £1,830,000 Accumulated Fundß and Capital paid up exceeding 1,166,000 Of which £200,000 are invested in the Colonies, in Government and other Securities. Reserve Surplus Fund f 215,000, with unlimited liability ot the Shareholders. THE UNDERSIGNED has been appoint Agent for Otago and Southland and is autho rised to receive applications for Insurance in both the Fire and Life Departments, which will be dealt with y the Directors in Sydney, upon terms as liberal as hose of any other office. Medical Referee —Hekry 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, can be obtained from GEO. S. BRODRICK, 1, Mercer's Buildings, Princes-street, Agent for the Company. ' N.B.—Applications from Southland will be - ceived through Messrs. T. J. White and Co. ? Invercargill, and Messrs. Surman and Crerar, Riverton, trom whom Forms of Application and Table 3of Rates can be obtained . EUROPEAN ASSURANCE SOCIETY. TH E European Assurance Society transacts every description of Life Assurance on the most favorable terms to assurers, and issues policies of guarantee for fidelity in favor of officials in the service of the Government, banks, and public institutions, and commercial firms in Australia, New Zealand. * Offices —99 Collins-street west. Branch offices Adelaide, Hobart Town, and Launceston. WILLIAM E. STARK, Secretary WEIGHT, ROBERTSON, and CO, Agents to Otago,