Page 3 Advertisements Column 2

Auckland Star, Volume I, Issue 294, 19 December 1870, Page 3

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established 1849. FOR MUTUAL LIFE ASSURANCE, &c., without personal liability. Pbistcipai, Office: New Pitt-steeet, Sydney; rriHE special advantages offered by this well--1 established Society are— 1. UNDOUBTED SECURITY.—Onthe2Bth Feb., 1869, the ascertained total liability of the Society was £453,000 While the accummulated assets were 602,646 Showing a clear Surplus of ... £149,646 There is over and above the Assurance Fund, the additional security of a Special Reserve Fund of £50,000. At the above date the Society had in hand equal to 70 per cent, of the entire Assurance Premiums received from members. 2. L \RGE BONUSES.—Because being a purely Mutual Office the entire Profits belong to the Assured, and have not to be paid away in Dividends to Shareholders. Tho total Reversionary Bonuses declared by the Society amount to £485,000. Members of the Assurance Branch can obtain the value of their Bonuses in Cash, or appropriate them to a reduction of future Premiums. Premiums may be paid Half-Yearly or | Quarterly. Should a member die during tho days of grace whilst the premium is unpaid, the Policy will still be valid and effectual. PROFITS DIVIDED EVERY FIVE YEARS. LOANS, within the Surrender Value, are granted to Members on the Security of their Policies. SURRENDER VALUES are granted after a Policy has endured Three Years. Conditions for Residence and Voyaging Most Liberal. THE AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Is a purely Mutual Life Office, Local to Australia and New Zealand, not confined to one Colony, but common to all; Local to each Colony, but not restricted to any, and operating upon a broader basis, is therefore Safer than an Office confined within narrow limits. Is a Life Office having n large number of Policy holders in New Zealand, and investing its Revenue from that place in the Public Securities of the Country. The Assets of tho Society comprise New Zealand Debentures to the value of £64.000. Was established in 1849, and it has successfully passed through the ordeals to which all new Life Offices are exposed. Having completed the Twenty-first Year of its existence, it has achieved a position of Stability aud Affluence unexampled in the history of Life Offices. Its Accumulated aud Invested Fund exceeds £700,000 Its Income ii over ... 200,000 a year. THE PEC-FITS BELONG-EXCLUSIVELY TO ITS MEMBERS. From the magnitude of its resources it is enabled to declare LARGE BONUSES. The sources of profit are increased by the high rate of interest obtained on the Invested Funds, also by the difference between the margin provided for Expenses, and the low rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, Neitheb or which can Exist in a New Opfice. Tho Annual revenue was increased by £32,236 from New Assurances effected in the past year, a rate of progress which entitles ifc to rank with the First-clas3 Assurance Institutions of the United Kingdom. EXAMPLES OF BONUS. The following examples show the total Bonus Additions to the Policies of £1000, under Table A, up to 28th February, 1860 :— a ii i ii 11 ti -3 oS £'£ <2:S o.h w , g | «ig *% gS * S^ 11 |1 1* i H H B te 26 £1010 16~4 £395 9 1 £161 11 3 £45 13 6 35 1190 4 6 473 15 7 199 4 7 51 4 1 89 1235 16 C 503 IS 9 214 8 3 fll 11 „ 1245 9 0 540 5 8 227 8 2 51 18 1 50 1347 910 626 7 4 272 18 73 19 1 Forms of Proposal and every information may be obtained on application to MR. H. GILFILLAN, Agent for Auckland. 7, Queen-street. TO LET, mHE OFFICE lately occupied by tho X Evening Stab, next Bank of New Zealand. . LOST, TN Queen-street, Small Hough Terrier DOG, I with scar on off hip, any person detaining him will be prosecuted. Either return him to Royal Mail Hotel, or take him off the chain, ho will find his way ho.ne. LOST, BETWEEN top of Parnelland Music Hall, a Gold NECKLACE (Indian), with small Embossed Locket attached.—Finder will be rewarded by bringing the same to the Evening Stab Office. A SELECT BALL WILL take place at, the City Hall on BOXING NIGHT.—FuII particulars in future advertisement. A DECIDED BARGAIN. TO NEW-COMERS.— 40 Acrei of Fine Bush LAND, well adapted for Farm purposes , price £2S There is a good supply of Flax on tho Land.—Apply to "B, Stab Office. An early application will oblige.