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Insurance Companies. T)KOSP E C T U S or THE NATIONAL FIRE AND MARINE INSURANCE COMPANY OF NEW ZEALAND. To bo incorporated under the provisions of the Joint Stock Companies Acts. Capital, £1.000,000 5 in 100,000 Shakes or £10 EACH, With Unlimited Liability of Shareholders. Five shillings per share pnynble on application, five shillings on allotment, and ten shillings in four calls of two shillings and sixpence at intervals of three months. PROVISIONAL DIRECTORS. Gh Gray Kusselb, F.sq (Messrs Gh Gray Russell &Tid Co), Dunedin T. L, BcTTEirvTOimi, E-q (Messrs Buttev- I •worth Brothers), Dunedin John Caught, Esq (Messrs Cargills and M'Lean), Dunedin Eichakd Omveb, E?q, M.P.C. (Messrs Oliver and Ulph), Dunedin Eyas Phosseh, E*q (Messrs Kempthorne, Prosser, nnd Co), Dunedin Jamrs Smith, Esq (Messrs Smith and Anderson), Dunedin Heney Driver, E?q, M.P.C. (Messrs Driver, Stewart, and Co), Dunedin Robert Wilson, Esq (Messrs R. Wilson and Co), Dunedin Alexandee Bubt, Esq (Messrs A. and T. Burl), Dunedin G-. C. Matiiesow, Eeq (Messrs Matheson Brothers), Dunediu Robebt A. Low, Esq (Messrs Hoymnnson, Low, and Co), Dunedin Ciiaki.es S. Eeeves, Esq (Messrs Eeeves and Co), Dunedin C. E. Howden, Esq (The New Zealand Distillery Co), Dunedin James ScotriAß, Eeq (Messrs W. and J. Sconlar), Dunedin Waltbb Guthbib, Esq (Messrs Guthrie and Aeher), Dunedin W. J. M. Laenach, Eeq (Banker), Dunedin David Phoudfoot, Esq (Contractor), Dunedin Keith .Ramsay, Esq (Shipping Agent), Dunediu John Edmond, Esq (Ship Chandler), Dunedin James Miirs, Esq (Harbor Steanj Company) James T. Mackehbas, Esq (Messrs J. T. Mackerras and Co) J. Smith, Et-q (Messrs Bing, Harris, and Co) L. Thon.eman, Esq (Messrs Lange and Thoneman) James Maeshall, Eeq (Messrs Maveliall and Copeland) Captain Wjxi-iam Baldwin, Duuedin BANKERS : The National Bank op New Zealand. SOLICITORS : Messes Smith and Anderson. INTEBIM SECRETAEY : Me Eichaed H. Leaey. There is ho 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 bus 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 I here 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 companios. In order to make this a purely colonial company, and to ensure a large amount of business through the influence of its shareholders, it is proposed to distribute the shares over the whole colony, and, in their allotment, to keep io 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 tlie selection of risks. It is intended that the Articles of Association shall provide for tlao 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 i 9 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 5 and at the branches of the National Bank of New Zeaand in the various provinces. THE NATIONAL FIRE AND MARINE INSURANCE COMPANY OF NEW ZEALAND. Prospectus and Application Forms, togother with all information, may be obtained from the undersigned, by whom applications for shares will be received. Applications numbered as received. JOHNSTON & CO, Agents. Wellington, August 30. tFi^ERPOOL & LONDON & GLOB*. JU INSUfIANOE COMPANY. FIBE AND LIPE. All classes of FIRE EISKS in town or country taken at current rates. LIFE POLICIES (with or without bonus) issued afc rttes quoted in tables, which may be obtained on application to EDWARD PEARCE, Agent. NEW 25E ALAND INSURANCE COM PANY, FIEE AND MAEINE Head Offices : — Queen Stbeet, Attcelani . CAPITAL, £250,000. WITH UNLIMITED I/LABILITY 03? THE SHAEB HOLDEHB. DIRECTORS : haibman — Honble. James Williamson, Es() Deputy Chaibman — S. Browning J. S, Macfarlane Thomas Russell. Gf. B. Owen, 0. J. Stone W. 0. Wilson. rgIABLES of Rates, Printed Forms of ProJL posals, and all other information may obtained from BETHUITE & HUNTER, Agents.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WI18730916.2.19.3

Bibliographic details

Wellington Independent, Volume XXVIII, Issue 3902, 16 September 1873, Page 4

Word Count
771

Page 4 Advertisements Column 3 Wellington Independent, Volume XXVIII, Issue 3902, 16 September 1873, Page 4

Page 4 Advertisements Column 3 Wellington Independent, Volume XXVIII, Issue 3902, 16 September 1873, Page 4

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