Page 7 Advertisements Column 5

Lyttelton Times, Volume LVI, Issue 6490, 15 December 1881, Page 7

Oonvtyimoea. BAXOAISV TO LnmiVUSX.O. L OOAUII will leave U*e Ollv Hotel, JUUhfltK to too to rn! iU Sprain# twin or itohnwh, And Morolnr And Utah ln» Tain Oluirtoharoh «. OTAOB, VwvrUdKMt tVLNMiI'U liUUii QM uOtAli mait, OOAOMIUI TO Hoatmwi AH» WALMJ. COACH ®8 leave Ambtrlay tor Honmsl over? Wornlnst, and to* Wumi mn Mod lap And Thnrwlayi Upper Wales Perry, Tamtat on wmol of M train Item taralnjf trom M atonal daily, ui from Wales avert Toeadky aad FrMftyt Upper Wales Van/ rhumdus/, VHAHOIS HOUDXB, ftWltlWi HOT OPBUIOB PIiAUTQ, AMtTBL R 'iLuow vaovuroa. OUtROT ooxa nnloatioa top Mall Coaob mq _ Tuesday, os arrival of ftnl teals 6r«a nnriilchnwli, tat rainy every Thnrodap mornley is tine to oetoh Imc train for Chriatebntebu VBAHOIB MOWOT3B,

Public Compiciei. A. ÜBTBALIAM MUTUAL PROVIDENT SOCIETY, lathe “Commercial World" for lose ISthwe d»»» scmmarv of the Directors' Report of this Company, ud it ws refer to it again it b mainly lo cider to supplement and perfect a statement than mad*, which we fid was abort of tba nark. Wo Rare it out u something approaching « business phsoomsnon, that tko Society throughout ita entire caraor of tblrty-two jraon nod psldSta claims out of interest receipts alcna. This statement 1« undoubtedly remarkable enough, but it fella far abort ot the actual aohlaramente of thspast year, when.as w* bow learn, THE INTEREST BE. CEII'TS EXCEEDED THB O<>XBINED PAY. KENTS FOB CLAIMS. COMMISSION AND EXPENSES OP MANAGEMENT BT NBABLT Atom IP WB ABE NOT MISTAKEN, THIS BESOLT IS XNTIBXXT UNIQUE IN LITE AOSDBANOE EIBTOET. ORBTAINLT NO. THING. BO PAH AS WE HATE OBSERVED. HAS BEEN EXPERIENCED COMPABABi i TO IT IN THE ‘'OLD COUNTRY,” AND IP A. FABALLEL PACT CAN BE PRODUCED FROM ANT OTHER QUtBTEB WB SHALL BE GLAD TO EMBLAZON IT IN OUR COLUMNS. But this <« not all. In Gnat Britain we hare a law oompanlsa wkoaa new asaoxaness amount to a Billion ay ear. Tht number may b« counted on the flagon who riea to that amount, while wo have a my lam proportion, pethape tonal to SO per oeat OK our Companies, to whom cuolia mutt iealto(•User an unhoped (or trust. BUT THE NEW BUSINESS. OP vHB AUSTRALIAN MUTUAL WAS POE SLUMS. AM AMOUNT (AS IS TIULT STATED IN THE COMPANY'S AD. VRRTISEMBNTS), “FAB EXCEEDING THAT OP ANT OTHER LITE ASSURANCE OFFICE ZN THR BBITIBS DOMINIONS.** The set eunuai premia* income amounted to *72,85®, whilt tht netlncrenee to the business, after allowing for loss of intomt from terminated pohciss, wae repremuted by 88SB policies. assuring SljWi‘3. TEW RESULT. ITIB BELIEVED, 18 UNPABAL. LELED IN THE BISTORT OP LIFE ASSUB. ANOB. WHETHER IN THB OLD WORLD. OB IN ANT OTHER, Take another (act i tha opera* of the yssr—obssrve, otsly the Society'e thixty,eeeoadyaar~ndsedlhe animal income from *804.288 to *758,788, an inmate in twelve monthe ■Will 913 «VMf«V|(EEtW HNKIWVia IWHTf HIUUUIi Of *45.465, or ®t pee canton Us* previousyear's revenue, Again, the acoismulatad fond wae in. tritead daxlngths vast by the asm of 4145,713, scoal to 87 per cent <sl thejpremiame received. These are my remarkable raaolte j not aeoounted for ioMy bp the fact that they pertain to the “oldest mutual Ufeoffloe in Australia," or that the avenge interest received by the Society, on ita investments, exosedsfl per tent per annum. Theee footers ate of importance in tha earn but they would only go a abort way if the Society's business was not vigorously pushed. It ia the untiring activity of the Society's executive that does it; lustily the outlay. Thiat ia the crowning fact to be bene in mind. WHICH OP OUR (&MPAMUB.FOB EXAMPLE, GREAT OB SMALL. COMMISSION OB NON. 00MMH910N.PAT1NG, CAN SHOW A PRO. PORTION OF INCOME LAID BT DURING THB TEAR OP B 7 PERCENT OP THE GROSS PREMIUMS RECEIVED, We know ot none that can do thiei for while we have several Oompenlea whose expenses ot management ere lighter than thoaeof the Auetralian Mutual, we hare none, we believe, that can ahow a Jay-by,after providing tor expenaea and claims, equal to W ; pec cent on the ■rifflfnm income. Something should elao be said In regard to the liberal, not to say enlightened, business principles of the Society. These oouatitate a series of advan» tagesseonred to poUoyholden, which araofaaaturu, it may fairly be presumed, to eileace all objectors, ud to remove the scruples which many persona profess to sntartain sgalnsl a too exacting system of lifsassnranoe. The Society's polioiei oootela no conditions as to travelling. Members are allowed to travel aU over the world without Uoense or payment of extra premium. A policy is not forfeited through habits of ‘ traeted after the pcUey ia issued, or through convicted of felony, or by reason of the djgnji by the .buds of Justice or by eridde, proj jin the latter case, enUdde is not committed within thirteen months after the date of assurance. Policies are endorsed with an admiarion of age when issued, provided a certificate of birth is pro* ducedi and it that eansot be obtained, the beet evi. deooe of age obtainable ia accented. A policy, when the age has been admitted, is free of all conditions aftefbeing five years in force, provided the life as* resided within the ordinary iimite from and has attained thirty these conditions have ■used has the date of the years ot age. Ana wnra usee conmaowi cavo been complied with, a Mutual Provident policy becomes absolutely: indisputable and nuchal, lengeable, and the life mured on reside in uy Society, when they have endured three years, us kept in force after they have besom* overdue by non-ptynwnt of piinivn until tit ramodar t&ta* of the policy is exhausted. And in prod of the fact that this principle operates, and is not a mere flourish of trumpets, ills announced by tbs Society that at Slat Dec.. 1080, “the number of policies on which premiums were in arrear, and which were being continued in force by meau of this liberal regulation, amounted to. 1804, there had which there been advanced by the Society tor p»meut of premium (exclusive ' interest) the sum of dSLUKr." of Interest) the sum of *53.187." we may add. the Society is not a competitor tor business TO AUSTRALIA MAT BT THB FOREGOING TOKENS LEARN WHERE THBT CAN FIND AN OFFICE IN WHICH TO ASSURE OF THE HIGHEST GLASS] AND WORKING UNDKB THE MOST LIBERAL PRINCIPLES KNOWN TO THB PROFESSION ANTWHEBB IN THE WORLD,

AUSSBALZAN MUTUAL PEOYIDENT BOCDCTT. Established IWto _ THE OLDEST MUTUAL LITE OFFICE IE AUBTBALIA. HEW ZEALAND BRANCH t rnniP omTCB. CUSTOM HOUSE QUAY, . -'ELLINGTON. Loom . - ''d of Director*. The Hon Ohwlea o.nnson Pharaxyn, M.L.0.. Chairman. The Hon Sir William Fitihexbert, K.C.M.G., M.L.0.. DaputT-Chalman. A do B. Brandon, Ear, K.H.B. Ohwleo J. Johnston, Keg., J.P. The Hon tfornn 8« Qmoe, MJ)«t Medical OSS&6TI Dr W. G. Kemp, M.E.C.& (Ear.) Eealdent Secretary Edward W. Lowe. Thereeolteof the thlrtv-aeoond jni'i bnidneee may be summarised as under v- . . Pint.—Tbs number of NEW POLICIES Untied Seoond.—The HEW ABBUBAHOB business of. (acted was for «8.m.85& an amount fw e* oeedlnr that of any other Life Aasorauoo Office Intheßrifclsh domtajoas. Third.—The NEW ANNUAL PBBMIUM IN. COMB amounted to A78.8W. - Ponrth.—The NET INOBBASB to the business alter allowing tor lose of income nated policies, was represented hr 3822 poiidee. tMorlng Al.Ai7.6tiU This showing Is, it Is believed, unparalleled In the history of life rations of the yew raised the ANNUAL INOOMB et the Bocioty (rota JMM.BBB to £759,788. an looroaso In the twelve months of £85.465, or per cent on Bilth h — FUND was In- _ . _ _ a a i at.. Kae ttia anSM t\9 oroaasd daring the yew by the sura of £415.713, equal to 87 per cent of the grow premiums (6UMil M <IMV UVHMIS WIMVIIf HIVW SSS in cumber. muttaff oUlbub upon tho B>oloty for the earn ol £1111,413, inoluding bonus addi* •Oa LUO BUIXI U( Ml«4|vatf| ww<w»iw ww»«~* for the yew exceeded tho oomblned payments for claims, eommlssioa. and espouses of management ny ACCUMULATED FUNDS, THESE AND A HALF MILLIONS sterling. Prospectuses, forms of propseal. and ail other Information may be obtained on application to too Eealdent Seoretsry, or froraaiiy ot tlie A;olotj s 4seats. KOWAIiI) W. LOWL. Resident Seorotary, Agent for Ohrlstoburch. 1058 493 JOHN LEWIS. M-.imti Goods direct at Lowest Export Prices. |i iiy Woollen and Manohsetor Warehousemen. **** ip/f 1 ". Colonial, and Foreign Outfitters, w-v NICHOLSON A 00. invite attention to JLfe their Illustrated [with patterns) poat free. ioMe -* IUUUVMWvai «. UVI IOTAW wswwmws. was ._ji*ry7 glovoe.ribbon*, haberdashery. Jewellery, W. Contractors tot military and police clothing Jd BmhT Fnrnltow, musical tosteu ients, Ironmongery, Arc arms, eotlery, oamsges, Mdkryaod harness, boota and shoes, wtoee sad ilrito.alM and haem, preserved provisions, eta> £S£ arme—Not lose »■«" 85 per eent. to eooompaiiy rdan end beJanoee will bo drawn tor at end 0o„ W to M St. Paul's Church tad.andMFntomosttr row. London 400