PnMic Notices. '!It>RO3PECTUS OF THE NATIONAL ' -FIRE AND MARINE ■;'[ , INSURANCE COMPANY OF NEW .''. "."■ ' .'"" .;'ZEALANb. ; .'"" ■'. ..; ■"■. l , To be incorporated under the provisions of The Joint Stock Companies Acts. Capital: £1,000,000, in 100,000 shares of £10 each. '... With Unlimited Liability of Shareholders. Five Shillings per Share payable on applica- . tion, :Five Shillings on allotment, arid Ten . Shillings ;n Four Calls, of Two Shillings 1 and Sixpence at intervals of Three Months. ( PROVISIONAL DIRECTORS. ' >G. Gray Russell, Esq. (Messrs G. Gray Russell and Co.) Danedin; '•' ..... J. L. : . Butterworth, , Esq. (MessrSvßutter- ; worth Brothers),. Dunedui. ... JdHit 1 OarghlV ' Esq. (Messrs ; Cargills and M'Leaa), Duuedio. ■ ..'. . :-. ■ Richard Oliver >: Esq., M.iP.C. .(Messrs , Oliver and Ulph), Dunedin. ... :. Evan Prosser, Esq. (Messrs. Kempthprne, 1 Prosser, and Co.), Duriedin. '. • ' l!j ' James Smith, Esq. (Messrs Smith and Anderson), Dunedin. - n . ...;,> ■ ; • i . Henry Driver, Esq., "M.P.C. (Messrs Driver, Stewart, and Co.), Dunedin. Robert Wilson, Esq. (Messrs Ri Wilson and Co.), Dunedin. ■ ' \ Alexander Burt, Esq. (Messrs A. and T. Burt), Dunedin. •■ '■ ' G. C. Matheson, Esq. (Messrs Matheson Bros.), Dunedin. : Roberta. Low, Esq. (Messrs Heymanson, Low, and Co.), Dunedin. ...-.■■• "\ Charles S. Reeves, Esq. (Messrs Reevfes and Co.), Dunedin. C. R. Howden, Esq. (The New Zealand Distillery Co.), Dunedin. i James Scoular, Esq. (Messrs W. and IT. Scoular), Dunedin. i Walter Guthrie, Esq. (Messrs Guthrie aad Asher), Dunedin. ! ; W. J. M. Larnach, Esq. (Banker), Dunedin. David Proudfoot, Esq. (Contractor), Dun- . •edin.. \ .-.■■■ ■.'■•': '• '" Keith Ramsay, Esq. (Shipping Agent), Du'n- ; ; edin. ■ . ' , . ' : JohnEdmond, Esq. (Ship Chandler), Dunedin. ; James. Mills, Esq. .(Harbor Steam Corii- , .vPany;) ■-■ ■■''.-■■■. •'• T '■■'. ■■'■ ' James T. Mackerras, Esq.) Messrs J; T. Mackerras and Co). J. Smith. Esq.. (Messrs Bing, Harris, and Co). L. Thoneman, Esq. (Messre Lange arid Thoneman). James Marshall, Esq. (Messrs Marshall and Copeland). ' ' '• ' ' ' ' ' '' ; BANKERS : ' ' ' :' ' ''' ' : NATIONAL BANK OF ZEALAND.' . . . solicitors :....... MESSRS SMITH AND' ANDERSON. , INTERIM .SECRETAY : | MR RICiLARD H. LEARY. There is no branch of commercial enterprise; .in New Zealand which presents such a favorable opening for the investment of, I Capital as that of Fire and Marine Insurance. The success which has attended the establishment of the New Zealand and South British Companies is a proof of this. The business of Fire and Marine Insurance is so rapidly increasing that there is ample room for another company in this Colony, t Largely increased facilities for covering this 'Class of risk are imperatively required, and, the National Insurance Company is founded to supply this want, ' This Company is not started in opposition to any of the other New Zealand Companies, but is intended to co-operate with them in fostering the trade arid commerce of the . Colony, arid concentrating in the country' the large capital which is annually drafted out of it by foreign Ipsurance Companies. : I In order' to make this a purely Colonial Company, and ttv ensure a large amount of business through the . influence of; its shareholders, it is proposed to distribute the shares over the whole Colony, arid, in their allotment, to keep in view the ability of shareholders to influence business to the Company. 60,000 shares will be reservedfor the northern Provinces. * ,;The .operations' of this .Company will be conducted on sound principles, and extreme caution will be exercised in the selection of risks. •■' ■'■■ " ! '" '■ ■' ; ■•' ' !/ '■■-:-•./••■■•'•' j It is intended that the Articles of Association shall .provide for the election of Local Boards of Directors by the shareholders in ...the chief commercial centres of -the Colony.! The amount proposed to be called up will, it is estimated, be a sufficient paid-up capital to warrant the Company, in commencing operations, and it is not anticipated that any further call will be necessary. . The Provisional Directors have secured the services of Mr A. Hill Jack, the Resident; Secretary of, i the Victoria Insurance Company, as General; Manager of this Comi p'any. ' ;• . ; j Applications for shares will be received byj Gu/'W/'iMOS S AND CO., I Greymouth, • Agents for the' West Coast. T\ISPATGH IRON WORKS *V' iEerbert street, Greymouth. . HUGHES and CO., , : ENGINEERS, IRON; : and BRASS FOUNDERS. 'Smiths' Work and Castings of all descriptions, Horse Powers, Chaff vCuttersj Steam Engines, ' Turbines, Water-power Engines, Quartz-crushers, > Crab-winches, • &c.', made and repaired. ■'• i - : : Turbine and Fluming Piping in wrought or cast iron to any size. '•■'■■-• ; ■■'.'.' ■ Plans and specifications for all descriptions of mechanical engineering prepared; '■"■ '■■<'■; Hughes and Co. beg to intimate 'that they have commenced the above ' business in all its branches, and will endeavor by sound workmanship, strict attention to alT orders,; and lowest remunerative' charges, to' merit a share of public patronage. • '■•'• ;,_.■, Toibacconists. A MERICAN TOBACCO WAREHOUSE, , . i; ,:,MawhERA',QuAY., ; . .'. Greyniout)i. - ■ , A. !'M.-. J ! B U ; N ; T ! E R, Proprietor.
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Bibliographic details
Grey River Argus, Volume XIII, Issue 1598, 18 September 1873, Page 1
Word Count
750Page 1 Advertisements Column 6 Grey River Argus, Volume XIII, Issue 1598, 18 September 1873, Page 1
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