Public Companies. JJOVAL INSURANCE COMPANY. SECURITY Should bellio First Consideration in Insurance Transaction?. The rircctors of the Royal insurance Company have the pleasure of supplying the following information to the public, as evidence of the ample security they alien! to their assurers • THE CAPITAL of the Company, available for the purpose of meeting any unusual calamity happening to the Assured, is TWO MILLIONS STERLINGThe amount actually paid up is 1.88,495. 4 his, with the Aceumu.ated Funds in hand, makes tile invested resources of the Company upwards of oxn .iiiimiox' six; juinduici) thousand pounds, which amount is invested as follows : I INVESTED FUNDS OF THE ROYAL INSUJI AN CE COM PAN Y, 30th June, 18(30. 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 India C overmnent 5 per Cent. Debentures 100,000 0 0 English Railway Debenture Ronds 59,090 17 7 First-class English Railway Preference and Guaranteed Stocks ... ... 335,470 11 H Loans to Local Authorities of various towns in Croat Rritain, who have obtained the sanction of the Secretary of State to borrow the amounts 145,500 12 0 Bonds of the .Mersey Docks and Harbor Boards ... 02,341 14 8 Bonds of the British and Irish Magnetic Telegraph Co. ... Bonds of the Liverpool Corporation ... United States Government Stocks Canada Bonds and Canada Dominion Stocks... Short Loans on first-class English Dividcnd-paying-Stccks, with margins from 20 to 50 per Cent, on market values Loans on Security of Life Policies 10,000 0 0 5,100 0 0 101,330 7 10 31,100 II 0 477,195 0 0 03,938 8 5 £1,072,350 10 11 The above is a complete list of the Investments of the Company at the date specified, in addition to which the funds are still further increased by amounts constantly varying, at different periods, in the hands of the Bankers and the Company’s Agents. At 31st December, ISOS, those stood at £168,089 2 0 For the satisfaction of the Public, the whole of the securities belonging to the Cornpan v arc annually submitted to the careful scrutiny of two independent Auditors, and the following is an Extract from their Report to the last Animal 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 in 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 15 6 Added to 31st Dec., 1805... 103, J46 7 3 „ „ ' „ 1860,.. 124,105 7 5 „ „ ~ 1807 ... 128,583 510 ~ „ „ 1808 ... 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 verm, arc now granted by this Company free of charge to the assured. FIRE INSURANCES AT LOWEST CUR RENT RATES. Claims arc settled promptly in the Colony, without reference to England. For details of information on all points, sec the Company’s Almanac, to be had of the agents, HENDERSON, LAW, & CO., Dunedin. Hairdressers. r Appointment to H.R.H. the Duke of Edinburgh, and His Excellency the Governor and Volunteers. B E I S S E L , , Ladies’ and Gentlemen’s HAIRDRESSER AND PER ELMER, Rattray street, Dunedin, ann. Cold, and Shower Baths (reduced to One Shilling) always ready. .dies’ Hair Dressed any Style or Fashion A Private Room for Ladies. Butchers. DWARDME N L O V E, Wholesale and Retail Butcher, George, Maclaggan, and Great Ring Streets, Dunedin. Families waited upon for orders in all parts of the City and Suburbs. IMPS ON & ASHER, Wholesale and Retail Butchers, Octagon anfl Walker street. Shipping supplied. Public Abattoirs. N.B. Pork skins for sale is. arge oi small quantities.
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https://paperspast.natlib.govt.nz/newspapers/ESD18700108.2.15.2
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Evening Star, Volume VIII, Issue 2083, 8 January 1870, Page 4
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704Page 4 Advertisements Column 2 Evening Star, Volume VIII, Issue 2083, 8 January 1870, Page 4
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