Page 3 Advertisements Column 6

Otago Daily Times, Issue 6433, 25 September 1882, Page 3

Kimnt-es honow* WH. CII U X T0 N • (Successor to White Jaw and Co. AI'CIIOSKKK, SIIARKBROKRH, ACSWSTAST. AUDITOR, LiM>, ESTATE, AND GBSKRA& COSHUSBIOX AoBST. L"an 3 negotiated. Agencies undertaken. UATTUA.Y STREET, DCNEDIK. P.O. Box 2i7. _f 9 On SATURDAY, 9lh SEPTEMBER", Wo will make a OIiAXB WINDOW EXHIBITION Of TtrEW SPRING GOODS. NORTHERN WINDOW.—New Prints, Satteens, Zephyrs, Ismailias, Kafradoware, and other Washing Material?.LARGE CENTRE WINDOW.- General Exhibit of Straw Goods, Millinery Bonnets, Laces, New Mantles, Jackets, Dress Materials, and sundry Fancies. SOUTHERN WINDOW.—Men's Mercery. INTERNAL.—VaIue Second to none in the City. THOMSON, SIRAIiO, » CO Cutting, Princes s'rea SPUING, 1882. IyrOLLIBOX, DUTHIE, & CO. Are now showing NOVELTIES IN French and English .Millinery, Flowers, Fcatliej* NOVELTIES IN Dulnians, Visitcs, Apron I'innlores. ix. NOVELTIES IN Dress Material.! and Fancy Cottou DreßS Goods. NOVELTIES IN itibboiis, hscus, Gloves, S<jnsres, ami Simslwiss. NOVELTIES IN Hosiery, Cinips, I'ringes, Trimming, Uuttons, &c NOVELTIES IN Cretonnes, Curtains, Toilets, Hots, &>;., &c. MOLLISON, DUTHIE, & CO., 195 nnd ID7 George Btreet. Prospectus. PROSPECTUS of the EQUITABLE INSURANCE ASSOCIATION OF NEW ZEALAND. FOR FIRE, MARINE, LIFE, AND FIDELITY GUARANTEE ASSURANCE. HEAD OFFICE, DUNEDIN. • Temporary Office?: Albert Buildings, 113 Princo t street (opposite Post-office). CAPITAL, £1,000,000, in 500,000 SHARES of £2 First issue, 200,000 Shares, in resuect of which there Bhall ho payable Cd on application and 6d on allotment, and two calls of 6d rach, payable at intervals o( three and six monthsSftcr allotment; beyond which it is not intended to make any further calls, but if any call be required it shall not exceed 6d at one time, and three months' notice shall bo given. Provisional Directors (With power to add to their number): duxedk : Messrs JOHN BATHGATE, M.11.X. E. B. CARGILL GEORGE ESTHER, of Esther and Low JAMES GORE, Mayor WILLIAM GKEGG, of W. Gregg and Co. D. GRANT, of Granton JAMES HAZLkTT, of Mackerras and Hazlett J AMtiS HOGG, of Hogg, Howison, Nicol, and Co. ALLAN HOLMES J. MAITLAND JONES, of Trcctors, Jones, auJ Co. FRANCIS MEENAN X PATEHSON, of l'aterson and M'Leod C. S. BEEVES JAMES ROBIN, of-J. Robin and Co. A BCOI'LLAR, of North and Seoulhr JAMKS SEATON, M.H.R J. M'EIGIM'. ol J. Speight and Co. JOB WAIN, Jus. ■ ' JAMFS WILKIE, «f J. Wilkie and Co. T. M. WILKIN ON, of Wilkinson and Peltit JAMES WILSON, of J. Wilson and Co. INVERCARGILIi: Meiers W. BULLEID, of Price and Bulluid A- BLACK, of Rodgors and Co. THOS FLEMING, of Fleming and Gilkison I>. L. GILKISON, of Kerning and Gilkisoii JOSEPH HATCH J. KINGSLAND, of Ksnga'and and Sons A. JIAIR W. S. MOIR, of Moir, Jorjnoton, ana to. W. J, MOFFETT 11. E. OSIiORNE W. PAISLEY J. G PRIOR, rf Price and Bullied W. riNKIKKT, of I'inkiert and Newman W SLO *N, of Sioan and Sons HENRY WILSON, of Cowper and Wilson. OAMARUI T. MEEK, of J. ami T. Meek J. ALLAN J. CRAIG, of J. Craig and Co. A. J. S. HEADLAND G. DALGLEI3H, of M'Callum and Co. S GIUBS W. 11. S. ROBERTS J. HOOD, of Hood and Shennan. (Other names will be aiid«l in a day cr two.) \vh 1 Mh iM olt! -p. for not longer than one month utter allotment of 'tile thans, when a meetiiw of shareholders will bo convened for the election of Directors for iho first year. Names of Provisional bircetovs in ot.-or centre.- will be added in jutiuo a-Jverti-cujonte. THE COLONIAL Bu\K O ' NEW ZEALAND. Meters BAIHGATE & MEESOJt. Buokhbs: Messrs W. F. STREET « CO., Liverpool stroet. iMiRIM SIXRKTAIIY '. W. C. KIP.KCALDY. FIP..E AND MARINE DEPARTMENT. There exists amor,!,' insurers in tbi< Coio^y a feelin* of diiFatisfiiction with the present system of lire In--BURi°es'aro rlccmed too high by insurers, but are affirn-ed by insuranco offices to be lo higher than "iTh'o tni'vfolmi'on(;"f' Cthe difficulty is the introduction of a principle whereby tho insures may recciva a share of the profits by the issuo of bnnm policies. Evcrv insurer may thus obtain a direct inlorcst in the busiue s done, tind while the premiums Rrc maintained at a rate which will afford sufficient a'ability to the Company in the event of extraordinary f««s, tl.e iuBKVCTS rca\ly reap v lieneHt, as they share in the profits earned. The profit* will be uppHed in tho first instance to tho paymeut Sf interest to the shareholders at the rate of 10 per cent, on the paid-up capital, and the profits beyond the amount required for such payment carrv'fonvarrl :i moiftv of thi ba'ance will be rf-s.rvei for the formation of a Conns Fund for dUtrihution amor" the owners of bonus policies on who=e risk theie'shill have been no loss, and tho remaining ltoiety at tbe disr>v»l of the sharfholders. The advantages of this pystem are obvious, as every insurer havinu a direct interest in the welfare of the Atqociation will no donbt be induced thereby to exeroi4 .'rcat,T camion, and use his influence to bring as much sound business to the C; mpany as possible. A larce nun.ber of Shares have already been applied for, but none wi'.l bo allied till all applica ions have been r""»ivi d as it will ba the policy of the Directors to allot the Share- as widely as possible among probable insurers. ECONOMY XSD CO-OPERATION will bo made leading feat<:r- s in the management cf the Asscciation, and~ih=»<-; are principles.which cannot fiil to ensure v, marked pucccs*-, especially as the Fir? BUfiNKiss win. bk coxi-iki-.d to inn Colony or NFwZKALANn;/Sl. TIHtRMmK US»ER TUB IMM.DIATB COSTHOIi OF TUB DIRECTOR. LIFE DEPARTMENT. The want of a local life assurance- company has lone it 'nl, It ai d this want bai been only partiallysupplicd hv the Government tchmie, while I he scale of preminnw char"e»hlc by foreign c-snipamcs also doing business iii less liealthy resions is slightly higher than that which could with safety be adopted iv our. own mi™isl'b'ranlch of the A?6oci;ition's business will be conducted sotelv on the mutual priuciple-that is, the wholu of tho net profits will go to the policy-holders on a n-stcm at once safe and equitably while tho shareholders are lienctitoJ as the combination of the two branches o! tho business is conducive to economy in management, and affords opportunities of commanding business not secured by companies devoted to ciUicr branch alone. The success which has attend, d mutual life assurance companies elsewhere has been most vcmarUUc. As an instance, the Colonial Mutual Assurance Society ■■( Melbourne may be A »m h io for ll car'-yii.- on ..f this branch of tho bui, S "5! inio.'J«f to open the dcp.rtmenl. n, ii (hp Mre Uusincs') has been well established, and until tto c . viS,',! a «»>rou K l.ly competent actuary haThe bfo!!o S»i.^°rr«ons may be adduced from amuiig many which might be urged to show the certainty that" success will bo attendant on the Company's "''"T'Tno^so.htion will supply two acknowledged ' wauts-M/.. : Fire Insurance, conducted on piinciplos rquilablo to insurers; and Local Life Afsurnncc. . 2. The nature uf the busini*s to be engaged in 3 The tMu:i>iiy pi'tho Awoc'af.on's operations (•iii-fi'utes'i treat source of .-tvenulli. .< The A-wiAKou comb-.uii.g tho i-opulaiity of the c-i-operati'-c pvincipli together with tbe security to be derived from a widely-diffused Thi- Memm-.Jiiiinu and Article cf Association uiay be ii'ibfecleil at ti.e oliicc of the Solicitors. Applications fir shave?, which shall be made on the Pie-cviWd fenn, roust, be lodged with the Secretary, the Broker*, or the Colouinl Bank of New Zealand, at any o! its branches. -VVrATE'i-TSNGINEg (1 to 50 h.p.).— VV FIRST PRIZE SiLVER MEDAL, AGAINST nil. WORLD. MKLBOUUNK EXHIBITION, R.j ■ )U"1"' '"'"'"■ A. tT. IiUM