Page 3 Advertisements Column 2

Akaroa Mail and Banks Peninsula Advertiser, Volume I, Issue 102, 10 July 1877, Page 3

NEW ZEALAND GOVERNMENT LIFE INSURANCE ON THE - MUTUAL OR PARTICIPATING SCALE. MR. A. G. WIGGINS, Travel- . ling Agent,, will deliver a brief LECTURE On the above subject, at the Town Hall, Akaroa, on , . THURSDAY EVENING, JULY 12,. At 7 p.m. Admission Free. Ladies are particularly invited, to attend. PROSPECTUS " ' OF THE UNION FIRE & MARINE INSURANCE COMPANY ----- 0F ' NEW ZEALAND, Capital—£2,ooo,ooo STERLING? IN 100,000 SHARES OF £20 EACH. , On which it is proposed to cajl up one pound per Share as follows, viz., 2s. Gd. 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. Carruthers, Esq. (General Manager ISTew 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. Sclahdersj ; ' Fletcher, and Co.). r. . ,'•-'.. -" " : L. Harper, Esq., M.H.R.' {Messrs. Hanmer and Harper.)..^.. 1 ; T. M. Hassal, Esq; (Messrs;' Miles, Hassal, and C 0..). '~ ..., John Inglis, Esq. (Messrs}/Matheson's • Agency) : • : ;yr ■.: W. Montgomery, Esq., M.H.R. H. P,. Murray-Aynsley,- ■-E5q.,...M.H.R. .. (Messrs..Miles, Hassal,.and. Co. Ji Palmer, Esq.' (Chief Officer,^lJnion -i Bank'of Australia) " TheHon,-J.T..peacopk,M.L.C<. ! i: , W.Reeves,.Esq. , ..".',- - G.. G, Stead, Esq.' ( (Messrs. Royse, Stead, and. Co.) ....,' •■■• • John'Studholme, Esq. W. D. Wood, Esq.: (Messrs. 'Wood, Shand, and Co.) Bankers : , UNION BANK OF AUSTRALIA. -■- ~- SoLIOITOIfS ■-•*.-'» Messrs. Hanmer and Harper. 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 further opportunity of becoming, as far a own insurers. The increase of insurable property in this Colony has been sq 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 unnecessary to refer to the profitable nature 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 distributipivof 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 feature 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. In the allotment of shares the Pro--visional Directors will endeavour to secure an equitable distribution throughout the colony, so as 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 the colony as speedily as possible, and local Directors appointed. The Chief Office is established at Christchurch. The folowing gentlemen will hold office as Directors until the first annual meeting, when they will retire in accord-; anee with, the articles of Association.: 1 —Messrs J. Studholme, W. Reeves, T. M. Hassal, J. Palmer, J. T. Peacock,: W. Montgomery, G.. x. Stead,, and W" D. Carruthers. The Directors intend to secure 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 i Bank of Australia throughout New ) Zealand, where applications, for shares, , accompanied by a deposit of 2s. 6d. per . share, can now be made. " All applieas tions will be forwarded to Christchurch i" as received. t The share list will close on the 15th ; August.