c Companies. j INSURANCE COMPANY, j SECURITY Should be the First Consideration in lusur- ( anco Transactions. I The Directors of the Royal Insurance Company have the pleasure of supplying the following information to the public, as evidence of the ample security they afford to their assurers • THE CAPITAL of the Company, available for the purpose of meeting any unusual calamity happening to the Assured, is TWO MILLIONS STERLING. The amount actually paid np is L 85,495. This, with the Accumulated Funds in hand, makes the invested resources of the Company upwards of onk million six hundred thousand founds, which amount is invested as follows : INVESTED FUNDS OF THE ROYAL INSURANCE COMPANY, 30th June, 1869. Real Property owned by the Company ... ... ... £219,571 11 3 Mortgages on Freehold Property 33,500 0 0 £30,000 Reduced 3 per Cent. Consols 28,085 I 3 IndiaGoverumentS perC’ent. Debentures 100,000 0 0 English Railway Debenture Bonds ... ... ... 59,090 17 7 First-class English Railway Preference and Guaranteed Stocks ... ... 335,476 II 11 Loans to Local Authorities of various towns in Great Britain, who have obtained the sanction of the Secretary of State to borrow the amounts 145,560 12 6 Bonds of the Mersey Docks and Harbor Boards ... 62,341 14 8 Bonds of the British and Irish Magnetic Telegraph Co 10,000 0 0 Bonds of the Liverpool Corporation ... ... ••• 5,160 0 0 United States Government Stocks 101,330 7 10 . Canada Bonds and Canada Dominion Stocks 31,106 11 6 I Short Loans on lirst-class I English Dividend-paying-Stocks, with margins from ; 20 to 50 per Cent, on market values... ... ... 477,195 0 0 Loans on Security of Life - Policies ... ... 63,938 e 5 I £1,672,356 16 II j The above .s a complete list of the Investments of | the Company at the date | specified, in addition to ■ | which the funds are still fur- j ther increased by amounts I constantly varying, at diffe- j rent periods, in the hands of . j the Bankers and the Com- | pany’s Agents. At 31st I December, 1868, these stood i at £168,089 2 0 For the satisfaction of the Public, the whole of the securities belonging to the Company are annually submitted to the careful scrutiny of two independent Auditors, and the following is an Extract from their Report to the last Annual Meeting : “ The whole of your Books have been audited —every Document, every Account, every Voucher, your Bank-book, and every Security—all have been most carefully kept, and there is not one doubtful security iu the whole. ” THE ACCUMULATIONS OF THE LIFE DEPARTMENTS, After payment of Losses, Annuities, and Expenses of every description, have been as as follows : Funds in Hand at the last Quinquennial Valuation, 31st December, 1864 ... £621,434 J5 6 Added to 31st Dec., 1865 ... 103,146 7 3 ~ „ ~ 1866 ... 124,165 7 5 ~ ~ ~ 1867 ... 128,653 510 „ „ „ 1868 ... 144,945 12 2 Total Accumulation of the Life Department on 31st December, 1868, exclusive of Shareholders’ Capital £1,122,275 8 1 The Directors also think it desirable to state that the business of the Royal has never been amalgamated with that of any other Company, and that the Liability of its Shareholders is unlimited. The bonuses added to Life Policies in this Company, under their participation table, have averaged TWO PER CENT. PER ANNUM on the amount insured. Licenses for the Voyage between Europe and these Colonies and vice versa, are now granted by this Company free of charge to the assured. FIRE INSURANCES AT LOWEST CURRENT RATES. Claims are settled promptly in the Colony, without reference to England. For details of information on all points, see the Company’s Almanac, to be had of the agents, HENDERSON, LAW, & CO., Dunedin. Hairdressers. By Appointment to H.E.H. the Duke of Edinburgh, and His Excellency the Governor and Volunteers. FB E I S S E L , . Ladies’ and Gentlemen’s HAIRDRESSER AND PERFDMEP, Rattray street, Dunedin. Warm, Cold, and Shower Baths (reduced to One Shilling) always ready. Ladies’ Hair Dressed any Style or Fashion A Private Room for Ladies. Butchers. jQ DWA R D MENLO V Wholesale and Retail Butcher, E, George, Maclaggau, and Great King Streets, Dunedin. Families waited upon for orders in all puts of the City and Suburbs. U4IMPSON & ASHER, Wholesale and Jo Retail Butchers, Octagon and Walker street. Shipping supplied. Public Abat- 1 toirs. N.B. Pork skins for sale ir large < or small quantities.
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https://paperspast.natlib.govt.nz/newspapers/ESD18700106.2.13.2
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Evening Star, Volume VIII, Issue 2081, 6 January 1870, Page 4
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712Page 4 Advertisements Column 2 Evening Star, Volume VIII, Issue 2081, 6 January 1870, Page 4
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