Insurance Companies. "PROSPECTUS OF THB NATIONAL FIRE AND MARINE INSURANCE COMPANY OF NEW ZEALAND. To be incorporated under the provisions of the Joint Stock Companies Acts. Capital, £1.000,000 ; in 100,000 Shabes op ! £10 each, With Unlimited Liability of Shareholders. Five shillings per 6hare payable on application, five shillings on allotment, and ten shillings in four calls of two shillings j and sixpence at intervals of three months. PROVISIONAL DIRECTORS €h Q-kay -Bussbij:, Esq (Messrs GK Gray Russell and Co), Dunedin J. L, Buttebwohth, Efq (Mqßsrs Butte** worth Brothers), Dunedin John Cabqill. Eeq (Messrs Cavgills and M'Lean), Dunedin Eichabd Owveb, Esq. M.P.O. (Messrs Oliver and Ulph), Dunedin Etan Pbosseb, E«q (Messrs Kempthorne, Pro9ser, and Co), Dunedin Jambs Smith, Esq (Me3srß Smith and An- ■ deraon), Dunedin HENB.T Dbiveb, Eeq, M.P.O. (Messrs Driver, Stewart, and Co), Dunedin Robebt Wilson, Esq (Messrs R. Wilson and Co), Dunedin Albxandeb Bubt, Eeq (Messrs A. and T. Burt), Duneciin €K C. Mathksoic, Esq (iVlessrs Matbeaon Brothers), Dunedin Robebt A. Low, Esq (Messrs Hoymanson, Low, and Co), Dunedin Chablbs S- Reeves, Eeq (Messrs Reeves and Co), Dunedin C. R. HoWDEN, V.eg (The New Zealand Distillery Oo), Dunedin Jambs Scoulab, Eaq (Mesars W. and J. Scoulor), Dunedin Walteb Guthbir, Eaq (Messrs Guthrie and Aeher), Dunpdin W. J. M. Labnach, Esq (Banker), Dunedin David Pboudpoot, Esq (Contractor), Dunedin Keith Bamsat, Esq (Shipping Agent), Dunedin John Edmond, Esq (Sbjp Chandler), Dunedin James Mills, Esq (Harbor Steam Compnny) James T. Mackbbbas, Esq (Messrs J. T. Mackerras and Co) J. Smith, Esq (Messrs Bing, Harris, and Co) L. Thonbman, Esq (Messrs Lange and Thoneman) Jambs Mabshax£, Eeq (Messrs Marshall and Copeland) BANKERS : Thb National Bank of Nbw Zealand. SOLICITORS : Messes Smith and Andebson. INTERIM SECRETARY : Mb Richabd H. Leabt. There is bo branch of commercial enterprise in New Zealand which presents such a favorable opening for the investment of capital as that of fire and marine insurance. The success which has attended the establishment of the "New Zealand" and " South British" Companies h a proof of this. The business of fire and marine insurance is so rapidly increasing that there is ample room for another Company in this colony. Largely increased facilities for covering this class of risk are , imperatively required, and the National Insurance Company is founded supply this want. This Company is not started in opposition to any of the other New Zealand Companies, -but is intended to co-operate with them in - fostering the. trade and commerce of the colony, and concentrating in the country the large capital which is annually drafted out of it by foreign insurance companies. In order to make this a purely colonial company,; and to . ensure a large amount of business through the influence of its share- ■ holders, it is proposed to distribute the shares over the whole 1 colony, and, in tboir allotment, to keep in view the ability of shareholders to influence business to the company. Sixty thousand shares will be reserved for the Northern: Provinces. The operations of this company will be . conducted on sound principles, and extreme caution will be exercised in the selection of risks. It is intended that the Articles of Association shall provide for the election of Local Boards of Directors by the shareholders in the - chief commercial centres of the colony* The amount proposed to be called up will, it is estimated, be a sufficient paid-up capital to warrant the company in commencing operations, and it is not anticipated that any further call will be necessary. Applications for shares will be received by ■ the' Secretary, at the company's temporary office, High street, Dunedin ; and at the branches of the National Bank of New Zeaand in the various provinces. . mHE NATIONAL FIRE AND MARINE X INSURANCE COMPANY OF NEW ZEALAND. Pro&peetus and Application Forms, together with all information, may be obtained from the undersigned, by whom applications • .. . for shore's will be received. Applications numbered as received. ■ JOHNSTON & CO, --"'."■ ■■ Agents. Wellington, August 30. - T IVEEPOOL & LONDON & GLOB I Ju INSURANCE COMPANY. ' IFibe and Life. All clMwea of FIRE RISKS in town or country taken at ourrenfc rates. LIFE POLICIES (with or without bonus) issued at rates quoted in tables, which may be obtained on application to EDWARD PEARCE, • ■ =- r --• - • Agent. NEW ZEALAND INSURANCE COM PANY. BTBE AND MARINE v Head Offices: — Queen Stbbet, Auoklakj . ■:-. CAPITAL, £250,000. - omXB. UNIiTKITED fclAßlilTy OB THE SHAB>, ' ■ HOLDE3S. DIRECTORS: ChaIBMAK — Honble. James Williameon, Esc . Deputy Chairman— -8. Blowing . J. Si Maofarlane . Thomas Russell. Or. B. Owen, O. J. Slone W. 0. Wilson. fTIABLES of Rates, Printed Forms of Pro -_JL posals, aad all other information ma; -. " r obtained from ,/BBTHUlO: & HUNTER, " ■ • ' 'Agents.
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Bibliographic details
Wellington Independent, Volume XXVIII, Issue 3901, 4 September 1873, Page 4
Word Count
767Page 4 Advertisements Column 1 Wellington Independent, Volume XXVIII, Issue 3901, 4 September 1873, Page 4
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