Page 4 Advertisements Column 6

Auckland Star, Volume II, Issue 395, 17 April 1871, Page 4

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established 1840. FOR MUTUAL LIFE ASSURANCE, & Oi without fetißonai, mabilitt. Peincipai Office : New Pitt-stbeet Sydney. ' mHE special advantages offered by this well. JL established Society are— 1. UNDOUBTED SECURITY.— Onthe2Hrt, Feb., 1869, the ascertained total liability of fche Society was... £453 000 "While the accwninulated assets ' were <~ 602,646 Showing a clear Surplus of ... £149 646 There is over and above the Aesmeace Fund the additional security of a Special Reeer™ Fund of £50,000. At the above date £c society had in hand equal to ft) per cent of the entire Assurance Premiums received from members. 2. L43JG-E BONUSES.—Because beinea purely Mutual Office the entire Profits belong to the Assured, and have not to be paid awal in Dividends to Shareholders. The total Ifel versionary Bonuses declared by the Socinhr 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 the 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. H ° 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 a large number of Policy holders in New Zealand, and investing its Revenue from that pl^ce 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 sue-! ]i cessfully 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 and Invested Fund exceeds ... £700,000 Its Income is over ... 200,000 a year. THE PROFITS BELONG-EXCLUSIVELY TO ITS MEMBERS. From the magnitude of its resources it ia enabled to declare LARGE BONUSES. The sources of profit are increased by the high rate of interest obtained on the Invented 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, Neither op which can Exist in a New Office. The Annual revenue was increased by £32,236 from New Assurances effected in the past year, a rate of progress which entitles it to rank with the First-class 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 ' i-' M 1! li II U 111 2 ~3 -si -s! if s> s§ Is g§ .s§ : §« s£ s.» £« 26 £1010 16 4 £395 9 1 £161 11 3 £46 13 6 35 1190 4 6 473 15 7 199 4 7 .61 * 7J--39 1285 16 6 503 18 9 214 6 3 4911" 42 1245 9 0 546 5 8 227 8 2 51 18 M 50 1347 910 626 7 4 272 1 B|JgjgJ Forms of Proposal and every information may bo obtained on application to MR. H. GILFILLAN, Agent for Auckland. 7, Queen-street. CHARLES SUTTON, SODA-WATER, T EMONADf Li AND CORDIAL MANUFACTURER, Eden Crbseht. | Ginger Wine m Quinine Wine p Townsend's and Buchan's Sarsaparilki f ON SALE. |i