Page 3 Advertisements Column 1

Globe, Volume XX, Issue 1369, 5 July 1878, Page 3

THE COLONIAL OF NEW ZEALAND, EIRE AND MARINE. CAPITAL : Two Millions Sterling. CHIEF OFFICES, WELLINGTON. BOAED OF DIRECTORS : Chairman : The Hon. C. J. Pharazyn, M.L.C., Chairman Local Board Australian Mutual Provident Society. VICE-CHAIRMAN: The Hon. Randall Johnson, M.L.C., Managing Director Northern Land and Loan Company. Jacob Joseph, Esq., Merchant. A. de B. Brandon, Esq., M.H.R., Local Director Australian Mutual Providenb Society. E. W. Mills, Merchant. The Hon. M. S. Grace, M.L.C., Local Director Australian Mutual Provident Society. Walter J. Nathan, Esq., Merchant. Solicitors : Messrs Brandon and Son, Wellington. General Manager : Geo. S. Graham, Esq. Bankers : The Bank of New Zealand. This Company offer to Insurers the following combined advantages:— Absolute Security Participation in the Profits upon an equal basis alike for small and large insurers Prompt and Liberal Settlement of Claims Lowest Current Rates Insurances of Every Description effected. THE MUTUAL PRINCIPLE The Company, having reserved 100,000 Shares of £lO each (half the capital), ten shillings payable thereon, to be allotted from time to time to actual insurers only in proportion to the amount of Insurance Premiums paid, offers to the public generally and particularly to small insurers, the twofold advantage, which no other company in New Zealand possesses, that of absolute security against loss, combined with participation in the profits of one of the safest and most lucrative kinds of investment. An insurer with this Company, exercising his optional privilege and bocom'ng a shareholder, in effect reduces the rate charged on HIS OWN PROPERTY in proportion to the amount of premium ho pays mid tho inilueneo he exerts to induce others to insure with the Company. NOTICE TO INSURERS. At the expiration of the first financial period of the Company, the Directors will offer to persons who may have previously insured the right of taking up at par (viz., on payment of the called-up capital only, which, will not exceed 10s per share) one of the RESERVED SHARES EOS EVERY £1 OF INSURANCE PREMIUM paid by them whether for Fire or Marine risks. The Company is now prepared to undertake FIRE and MARINE RISKS at the LOWEST CURRENT RATES at, the Temporary ('ffices routed from Messrs Chrysta.ll and Co, HEREFORD STREET, Opposite the Custom House. FREDK. E. A. GRAHAM, 1425 Manager for Canterbury,