THE TARARUA DISASTER.
The Tararua was valued at £19,000, and we understand is insured for £14,000, £9OOO of which is insured in English offices, and the remainder as follows: New Zealand Insurance Office, £500; New South Wales Marine, £SOO ; United, of Sydney, £SOO ; Colonial, (New Zealand), £3500. The last-named risk, however, is largely covered by reinsurances. There is also a policy for £SOO in some other office, the name of which we have not ascertained, while the Union Company themselves underwrite the vessel to the extent of £SOOO. In accordance with the provisions which form a portion of the system which obtains in the Wesleyan Methodist Church, the widows of the Bevs* Messrs Richardson and Armitage, and their families, will remain in their parsonage homes for one year, and will be paid the stipends that would, in the Usual course of events, have accrued to their late husbands during that period. On the expiration} the annual pension to be paid to. Mrs Richavdson will be nearly £6O j and for each of her chil* dren (of whom there are five) under sixteen years of age, an annual sum of eight guineas will be paid, making a total of about £IOO a year, In the case of Mrs Armitage, the provision will not be so large, her late husband having joined the Wesleyan Ministry at a comparatively recent date.
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Bibliographic details
Kumara Times, Issue 1433, 6 May 1881, Page 2
Word Count
228THE TARARUA DISASTER. Kumara Times, Issue 1433, 6 May 1881, Page 2
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