Page 4 Advertisements Column 6

Colonist, Volume LIV, Issue 13316, 17 January 1912, Page 4

M T^HE basis of all business is a knowledge |j r"S •*■ of th» actions of nun towai'il-i other gas |vi& men. That is only obtained by the, study ST IjfH of Practical Industrial Economies. Eg 'M Stripped of all verbinpc frco from » j§ party bias, in 12 iucomparabla LcasonH in- as |§ nrtiSo"£y the best writers of to-day, oar | i? ' Social System. OuTireo Booklet lel'ie ail -i$ <§* "Seudme'Knowledgc.l'awcrandWeiUir" £ | HEMINGWAY & ROBERTSON'S I PLEASE MENTION THIS PAPER,

: PROSPECTUS OF THE (To be incorporated undar tho ComraniGs Acts of Mew South Wales.) AfcSTHORiSED CAPITAL ■ £250,000, DIVIDED INTO 500,000 SHARES OF 10/- EACH, aCCOBS-ShJires are now sffered for ..übscription, payable 2/6 per share on application and 2/tt per share on allotment. : shall exceed 2'G per share. . . ~ 10,003— Fully prdd-up shares will be nllottc<l to tho promoter in terms oi tl." UKrcoment-matin and referred to herein. ,• ~ . -„, •„+;,„ 29C,000-Shaios will be JieUl in resonv for opeiuns branches ot the ivssnc .it o in any other State or States of the Commonwealth or ilio >"»V'"! :l of Nc.v Kcaland, or elsewhere, or for disposal m New. South > ah*, , for the further ' development of the Associations btiMiiess m tinu ■ I State fis tlie Directors may decide. . • '

DIRECTORS: 1 II IHTTFN- Yiaq., President Farmers'.ami Settlers' Association. j"j 'STRiCKLAND, Esq., J.P., of "Bareenong'' Station. JOHN McKARLANK, Esq., M.L.A. ; S. S. DINGLE, Esq.,,].!'., M;mng,nvj; Director ot Din»k> ami Co., Ltd., ( WILLIAM """BROOKS, Esq., Managing Director of "William Brooks and Co., ; ' Ltd. " 1 AUDITORS: S. J. CARRUTHERS & CO.. Public Accountants.. Sydney, i SOUCiTOR: ] CLAUDE MANNING, ''Challis House," Martin Place, Sydney. . CHIEF MEDiGAL OFFICER: * HUGH. 11. G. POATE, M.8.,Ch., S.vil.j F.R.C.S., Bug., L.R.C.P., Loud. ACENCY SUPERV3SOR: GEORGE isJLLARD. j BANKERS: BANK OF NEW HOCTH WALES. JOINT F^iAMAGERS: S, P. WOOD and J. M.AHMONT, J.P. SECRETARY: ALEXANDER HILL. PROVSSIONAL HEAD OFFICE: First Floqr, "GIIALLIS HOUSI'," MARTIN PLACE, SYDNEY. The Promoter is MR. GEORGE MILLARD _ The Association will Imvo the services ot MESSRS. S. P. WOOD and J. MARMONT as JOINT MANAGERS. MR WOOD has bc-eu i'or many years a very successful Insurance wan. , havin" in turn filled the positions oi' A«ent and District Inspector for the Australian Widows' Fund Life Assuranra, Ltd., and Inspector and New Busi- j ness Manager for other Companies. ' Mr Wood's rewords are large and consistent, and he thoroughly under- $ stands the- work of organisation, which is such an essential feature towards the success of a Company. Mr. Mansiont is perhaps one of the mostsyiceassful Life Assurance men in New South Wales, and has filled the positions oi { A^ent and District Inspcetor for the Australian Widows' Fund Uro A.ssur- . a lice Society, Ltd.,'for some years, and is also very influential in many of the i< country districts or New South Wales. Those gentlemen form a vefy strong; eombiiiation, jiot-.-only on account of their capabilities already mentioned, but because of their ability to procure son-.e of the finest trsivellinj; agents in New . South Wales with whom they have coma in contact during the course of then' travels as Inspectorsj and also the services and influence of prominent .Business people in the country towns to net as Business producers. Messrs. Wood and Marmont having been so nrueh associated with the insuring public, are in a position to knew what is really w:inte<j. Th« Association lias secured the services as SECRE'iARN ot Mil. ALEXANDER HILL. Mr. Hill lias hail over 2U years' experience of Life Assurance werk, having''had his iiikial experience with the old "City of Glasgo.v Life Assurance Company," and afterwards filled the position for many years as Chief Accountant for' Australasia of the Equitable Life Assurance Society. These gentlemen and the promoters have every confidence in the success of the Association. THE OJiJ'KCTS Oi1' 'J.HE ASSOCIATION.—This Association is being formed to transact or procure-the business of ordinary Life Assurance, Industrial Insurance, Fire- and Marine, Pei-.s.ina! Accident and Invalidity Assurance, Employers' Liability. Workmen's Compensation, Pluto Glass, Burglary, and Live Stock Insurance, and is establishing a HOI SE PURCHASE BRANCH. THE HOUSE PURCHASE SYSTEM is one by which its members create a fund by the payment of subscriptions or contributions; and apply such fund to assist its membsrs to obtain freehold or leasehold propeity, or to make luans and advances.to themselves or others upon approved security, with periodical repayments of principal and interest by instalments. THE HOUSE PURCHASE SYSTEM MAY be embraced with or without Life Assurance benefits. Although the HOUSE PURCHASE SYSTEM is new in Australia (there ara but two Australian Assurance Companies who have House Purchase Branches in connection with their- business), it has already been worked with considerable .success in tkn UNITED KINGDOM. It is anticipated that this form of Insurance will become very popular in Australia, as there is a desire amongst Australians to become their own landlords. Under the HOUSE PURCHASE SYSTEM the realisation of this desire is brought within the means of .almost every wage-earner. The principal obstacle in the way of many people becoming their own landlords is their inability to pay the necessary deposit in one sum, required by Building Societies and other such Institutions, whereas in tha HOUSE PURCHASE SYSTEM the member elect.; his own time in which to create- the initial deposit, and also elects- the time over which re-pajments of loan, including principal and interest, will be extended. This is not the only advantage- that the HOUSE PURCHASE SYSTEM claims over most other systems of purchasing a home, but. whrre . the HOUSE PURCHASE SYSTEM is effected with LIFE ASSURANCE BENEFIT'S, it enables tiia Association, in tlte event of the death of the head .< of the- family, to ham) over to the relatives tho deeds of the houso without > further payment, whereas in most other systems of purchasing a homo pay- », monts have to be continued after the death of the head of the family, if .such | event occurs; and in many cases this might not only causa hardship and in- i convenience, but there is the possibility of falling into arrears, and ultimately ? the loss of thi? lioivie altogether. . j It will bo generally admitted that Life Assurance is becoming more appro- f ciated and papular each year as evidenced by the increased volumo of New \ Business procured eneli year by most of .the Australian Life Assurance Offices ••; as shown by their Annual Reports. These splendid results are aemcvod by the ordinary benefits offered by Life Assurance,-and it is anticipated that by the added attractiveness of HOUSE PURCHASE INSURANCE this Association's future is hot only bright, BUT ITS BUSINESS SHOULD BE SELFSUPPORTING FROM THE BEGINNING. It is confidently felt that the SPECIAL INDUCEMENTS offered by this Association, and the Libm-ai FEATURES embodied in its policy contracts, will largely, outweigh any disadvantage that may he suffered by the newness of the Association m the competition for business against its longer established competitors. It is desired that it be clearly understood that the HOUSE PURCHASE SYSTEM is oh!}' a bruncb of the Association's business, and that other branches of the business are not to be neglected on account "of this branch, nor is tho Association* success dependent upon the success of this branch. It is fully anticipated not only that every branch of tho Association's business will be self-supporting and profitable, but that the HOUSE, PURCHASE BRANCH will be pnrficul.urly r;o, and that the Association's ordinary Life and endowment Policies will be amongst the most saleable Policy Contracts in Australia. Th,o only reasons for going.into detail in this Prospectus concerning the House Purchase Branch arc its> newness in Australia, and to demonstrate and histify tho sangxyinp outlook. v.lnVh is taken as regards this branch of tho ■Association's business. . , It silly requires a very simple calculation to enablo the rent payer to hail \ out how niuch is psid away in rent in a specified number of years:— J Wo3k!y Rent of 10/- a Week—-£26 Per. Vsa*. Amount Paid Away In | 20 Years , ;, ' ..'. ... \ ... £5-20! Weakly Rent «? 20/- a w'ack—£s2'Psr Year. Amount Paki Awsy in "20 Years ..• •■• •••. •■■ ■>. • •• '"*iow It is not claimed that the success of one Company necessarily means the success-of another, but iij might be pointed out that the shares, of-, the original % Citizens' Life Assurance' Co.', were worth, in 18SG, £1 each, whilst in l!) 10 "- these- shares were worth over £50 each. ■ The Association proposes devoting special attention to its PERSONAL ACCIDENT AND INVALIDITY DEPARTMENT, as this form of Insurance « is now very popular^ and particularly bo when combined %vith LIFE ASSUEANGE BliN rEFim ■""..©vwnjt k» inpre^sed population and the general prosperity.of Australia, combined with the special features of the Association, and the manner in -- '■■-./:. ■■ t~. ■..- .. .. ' ■ .• ' - ; ' .' -. . '