SOUTH BRITISH INSURANCE COMPANY.

Otago Daily Times, Issue 10193, 30 October 1894, Page 7

SOUTH BRITISH INSURANCE COMPANY.

(Feom Qua Own Oorrespoijdent'.)

;At7Cift,ANT>; October 10.

The annual liseatirig of Rhareholders of the South British Insurance Company was held to-day. Mr T.Poacock, in moving the adoption of the report, already telegraphed, declaring a dividend at the rate of 15 per cent., referred with pleasure to the fact that the premium income had 'not only been maintained, but increased, while the profit from all sources for the year was £35,166. The New Zsalsnd business coulil not t&ke credit for tha R&rae proportion of profit* as in former years. The rates which had ruled, especially in Auckland and Dunsdin, were inadequate to the risks rnn. Tho report and balance fiheefc were adopteti, and Messrs W, S. Wilson and J. H. Upton wera re-elesJed directors.

At fcho inquest at Christchuvch on the 22fid inst. on Mr John Ataen, who died in the hospital on Saturday, a verdict was returned " Tbab deceased died from starvation, the result of in' ability to take food consequent upon softening of tho brain." William Ayera, a labourer, while employed whitewashing the inner wall of the tZovernme&fc Insurance building, Wellington, fell off the scaffolding a distance of 40ft, fractured hi« skull, and died almost immediately. A piece of wood whicu kept too platform, in position apparently drew out of the window to which it was fastened, and caused the plai;ks to slip. Deceased was married, but had no family.