Page 21 Advertisements Column 2

Otago Witness, Issue 1340, 4 August 1877, Page 21

Freedom from coughs in 10 minutes is secured by Dr. Locock's Pclmonic Wafers. — They give instant relief, and rapidly cure asthma, -consumption, bronchitis, coughs, and all disorders of the breath and lungs. They taste pleasantly. Price Is l£d, 2s 9d, 1 4s 6d, and lla per box. Sold by Kempthorne, Prosser, and Co., Dunedin. — [Advt.] ' ' '

PROSPECTUS. prospectus . ;l!; l! , of r , ■ ■ q^HE UNION. FIRE AND MARINE ± INSURANCE COMPANY OF NEW ZEALAND. . . , Capital : TWO MILLION POUNDS STERLING, In 100,000 Shares of £20 each. On which it is' proposed to call up One Pound per Share, as follows, viz., 2s 6d per Share on "application, 2s 6d on allotment, and six further calls of 2s 6d each, at intervals of Four Months. Provisional Directors : John Anderson, Esq. W. D. Oarruthers, 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, Esq. (Messrs Duncan and Son). J. J. Fletcher, Esq. (Messrs Sclanders, Fletcher, and Co.). : ; L. Harper, Esq. M.H.R. (Messrs Hanmer and Harper). ' -' v.'" T. M. Hassal, Esq. (Messrs Milesj Hassal,and Co.). > » John Inglis, Esq., (Messrs Mathesdns' Agency). W. Montgomery, Esq., M.H.R. •'' " H. P. Murray. Aynsley, Ssq., M.H.R. (Messrs Miles, Hassal, and Co.). ' ' ; , ' J. Palmer, Esq.' (Chief ■ Officer Union Bank of Australia). ■ ■'' "•*- The Hon. J. T. Peacock, M.L.C. ' •'- •' W. Reeves, Esq. ' - G. G. Stead, Esq. (Messrs Royse, Stead, and Co.). ' ; ' "> - ■ >'• s John.Studholme, Esq. W. D. Wood, Eaq. (Messrs jWood, jShandj ' and Co.). * Bankers : : ' ' UNION BANK OF AUSTRALIA. 1 ' Solicitors • t s . Messrs Haumer and Harper. J " ' ; This Company is organised in response 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 offering to the general' body of the public a farther opportunity of becoming, as far as possible, their own "insurers. ' The increase of msurable 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 Fire and Marine Insurance Companies already formed have met with such great, and unvarying success, that it is quite iin- ! necessary to refer to the profitable nature I 'of' such undertakings, but it may be pointed out that this Colony is subject to natural conditions singularly favourable to insurance' 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 featuie favourable 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. Id the allotment of shares the Provisional. Directors 'will endeavour to secure an equitable distribution throughout the Colony, ao aa to combine a powerful association of investors for the security of the assured) together with persons likely to influence business. ~ ' ' Agencies will be opened throughout J the Colony as speedily as possible, and local Directors appointed. The Chief Office is established at Christ-, church. 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. D. Carrutheri.' The Directors intend to secura 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 Christcburch as received. - v. The share list will close on the 15th August. The following gentlemen have consented to act as Provisional Directors for Dunedin • —The Hon. Robert Campbell, M.L.C.; T. S. Graham, Esq. (Messrs Bing, Harris', and' Co.);.T. W. Kempthorne, Esq. (Messrs Kempthorne, Prosser, and Co.) ; Hugh M'Neil, Esq. (Messrs A. B.ri»coe and Co.) Hjy