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CARTING 1 CARTING A. SAWYER "DEGS to announce to his friends and the public of Poverty Bay, that he has commenced business in the above line. All orders entrusted to him will be promptly attended to. Furniture, &c., carefully removed. ATRALIAN MUTUAL PROVIDENT SOCIETY. Established 1819. FOR LIFE ASSURANCE ON THE MUTUAL PRINCIPLE. Annual Income exceeds £1,000,000 sterling. Invested Funds exceed £5,000,000 sterling. New Zealand Branch—Custom House Quay, Wellington. Local Boabd of Directors : The Hon. Chas. Johnson Pharazyn, M.L.C., Chairman; Hon. Sir W. Fitzherbert, K.C.M.G., M.L.C., Deputy Chairman; Hon. A. De B. Brandon, M.L.C.; Hon. Morgan S. Grace, M.D., M.L.C.; Chas. John Johnston, Esq., M.H.B. Reasons why you should assure with this Society It is the only Colonial Life Office giving Annual Bonuses, reducing the net cost of Assurance to the Lowest Possible Limit. It is the oldest, largest, wealthiest, and most prosperous Mutual Life Office in.the Southern Hemisphere. Its Bonuses are larger than those of any other Life Office of similar age in any part of the world. All Bonuses vest immediately Policies have been full 5 years in force, The Society has distributed amongst its members £2,000,000 in Cash Bonuses, representing Reversionary Bonuses exceeding £4,000,000. It issued 7,629 now Policies during the year 1883, assuring £1,577,723, with new premiums amounting to £94,189. THE SOCIETY OFFERS UNDOUBTED SECURITY I LIBERALITY I i PROFIT! 11 The Profits have recently been accumulating at the rate of £200,000 per annum. Its Investments in New Zealand securities exceced £750,000, and all the surplus Branch accumulations are invested in the Colony, thus making it essentially a THOROUGHLY COLONIAL INSTITUTION. Be careful you select this Society and do not be misled by the similarity of name of some of the younger Australian offices. EDWARD W. LOWE, Resident Secretary, F, J. PIESSE, 535 Agent for Gisborne, Australian mutual provident society. Established 1849. The oldest Mutual Life Office in Australia New Zealand Branch: Head Office-Custom-house Quay, Wellington. Local Board of Directors: The Hon. Chas, Johnson Pharazyn, M.L.C. (Chairman); the Hon. Sir William Fitzherbert. K.C.M.G., M.L.C. (Deputy-Chairman); A. De B. Brandon, Esq.; Charles J. Johnston, Esq., M.H.R.; the Hon. Morgan S. Grace, M.D., M.L.C. Medical Officer: Dr. W. G. Kemp, M.R.C.S. (England). LAST YEAR OF THE QUINQUENNIUM.—PoIicies effected during the year 18S4 will participate in the Quinquennial Division of Profits, to be ascertained as at the 31st December, 1884. The profit of the current quinquennium has been recently accumulating at the rate of £200,000 per annum. ANNUAL DIVISION OF PROFIT.The profits of the Society are to be divided annually after the 31st December, 1884. The Invested Funds exceed £4,300,000; the Annual Income is upwards of £850,000; the Society has more than 50,000 policies in force, assuring upwards of £18,000,000; during the last thirty-four years the Society has paid for claims and matured endowments £1,500,000. The Society has divided among its members cash bonuses amounting to upwards of £916,000, yielding reversionary bonuses exceeding two millions. NEW BUSINESS.—The New Business of the last five years has exceeded Two Millions per annum, a larger amount annually than has ever been transacted by any other Life Office in the British Dominions. The cost of management, including commission, is unusually low, being only 9’5 per cent, of the total receipts of the year. This rate of expenditure is on the average 18 per cent, less than the other Australian Mutual Life Offices, and less than any other Life Assurance Institution either in Europe or America during a corresponding amount of New Business. UNPARALLELED ACCUMULATION OF FUNDS.—Ten years ago the Society, while 69th on the list of British Offices In point of age, was 35th in respect of Funds. It now—January, 1884—stands 4th, only three offices in Great Britain—established respectively in 1815, 1823, and 1825—being above it. The accumulated funds now exceed four millions three hundred thousand pounds sterling. Prospectuses, fo n of proposal, and all other information may be obtained on application to the Resident Secretary, or from any of the Society’s Agents. EDWARD W. LOWE, Resident Secretary. F. J. PIESSE, Gisborne Agent. rpHE NEW ZEALAND TOBACCOJL growing and manufacturing COMPANY (LIMITED). Head Offloi asd Factobv ; Aucklasd. IMPORTANT TO FARMERS. The above Company is desirous of communicating with Farmers and others who are willing to grow Tobacco. Genuine Havana and American Seed and all information FREE, which can be obtained at my Office, Mercantile Chambers, next to Bank of New Zealand. AUGUST VOLLBRACHT, 2042 Working Manager. Don’t Die in The Sense. Rough on Rats ” clears out rate, mice beetles, roaches, bed-bugs, files, ants, insects moles, jack-rabbits, gophers, 7{.d. The Now Zealand Drug Company, General A mis,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBI18850730.2.23.3

Bibliographic details

Poverty Bay Independent, Volume i, Issue 29, 30 July 1885, Page 4

Word Count
763

Page 4 Advertisements Column 3 Poverty Bay Independent, Volume i, Issue 29, 30 July 1885, Page 4

Page 4 Advertisements Column 3 Poverty Bay Independent, Volume i, Issue 29, 30 July 1885, Page 4

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