Page 1 Advertisements Column 2

Evening Star, Volume VIII, Issue 2093, 20 January 1870, Page 1

Public Companies. OYAL INSURANCE COMPANY. SECURITY Should he the First Consideration in Insurance Transactions. 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 up is L 88,495. This, with the Accumulated Funds in hand, makes the invested resources of the Company upwards of one million six nr nth; eh thousand pounds, which amount is invested as follows : INVESTED FUNDS OF THE ROYAL INSURANC E COMPANY, : 80th June, 1809. Real Property owned by the Company ... ... £219,571 11 3 Mortgages on Freehold Property ... ... 33,500 £30,000 Reduced 3 per Cent. Consols 28,085 India Government 5 per Cent. Debentures 100,000 English Railway Debenture Bonds ... ... 59,090 17 / First-class English Railway Preference and Guaranteed Stocks ... Loans to Local Authorities of various towns in Great Britain, who have obtained the sanction of the Secretary of State to borrow the amounts ... ... .145,500 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 United States Government Stocks ... ... ... 101,330 Canada Bonds and Canada Dominion Stocks... ... 31,106 11 6 Short Loans on llrst-class 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 8 5 0 0 I 3 0 0 0 0 7 10 £1,672,350 16 11 The above is a complete list of the Investments of the Company at the date specified, in addition to which the funds arc 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, these stood 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 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, 18(54 ... £621,434 15 6 Added to 31st Dec., 1865... 103,14(5 7 3 „ „ „ 1566 ... 124,1(55 7 5 ~ ~ ~ 1807 ... 128,583 510 „ „ „ 1868 ... 144,945 12 2 Total Accumulation of the Life Department on 31st December, 1868, exclusive of Shareholders’ Capital £1,122,275 8 1 Ihe Directors also think it desirable to state (bat 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 CUR RENT 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 bo had of the agents, HENDERSON, LAW, & CO., Dunedin. nnilE AUSTRALASIAN FIRE 1 LIFE, & MARINE INSURANCE COMPANY. Bead Office—Collins street west, Melbourne, Directors— Hon. James Graham, M.L.C., Chairman, Hen. W. J. T. Clarke, M.L.C. Vice Chairman. Hon. Alex, Fraser, M.L.C. Edward Cohen, Esq., J.P. E. P. S. Sturt, Esq., P.M, Joseph Griffiths, Esq. E. L. Montcliore, Esq., Secretary. Lire, Life, and Marine Risks taken at lowest current rates. W. & G. TURNBULL & CO., Agents for Otago. (