Page 7 Advertisements Column 5

Lyttelton Times, Volume LVI, Issue 6496, 22 December 1881, Page 7

Harbour Board to the Collector * copy of the bill of biding, (night Hit, or nmoifett of th» cargo, or elbe- proper account of a)l goods to be unshipped from the vernel, *t>a the name or tainc# of the owners to whom alt or any good* in such vend are Intended to bo delivered. The Muter of every veavel ihall give to the Col* lector notice of the into' <bd time of nnaiilpmert or dliobarge of any good* to moh vernel. The shipper of any good* shall give to the Board or the Co I loot or true and Ju«t. a oou.it of all goods Intended to be ahipped by b m. If any pi non liable to pay any dnea Or charges In respect of ant of the mutton herein provided for evade* or attempt* to evade the payment of aaydnva, or offend* against any of the provision* of this liy.law, he abali Incur and be liable to it penalty not tamed in ( tee ty pound*, to be recovered In Urn manner provldadftiy tbe Mid dot. The term " Collector’ shall betoken to man and Include tbe peraeti or.penuoe authoiiscd by (be Lyttelton HarboorTioard to ooltcab and receive all duea payable under (hi* liy.law. adopted by the Lstloft'in Wnrbcmr Hoard (ho 18th day of December, IHdl. i,». Sealed with the Common Seal of the Ljtte ten Harbour Board In accordaneo with an order of the oald Board mado tbe said ifith day of Decernher, HHi, In tbe preience of BOOT. At.LAW •) Member* of EDWARD RICHARDSON f the Ly telton HEN lit SAWTELL ) Harbour Board. 0. H. WIU lAMB, Secretary aue Treaanrrr, 80*0 74 T.vitriton Harbour Board. Public Companion A USTBALIAN MUTUAL PROVIDENT OL SOCIETY. lathe •*CommircUS World"for Jane 16tbwe give a summary of the Directors* Broortofthts Company, and if wo refer to it again it fa mainly in order to supplement and perfect a statement then made, which wo fled wag abort of the mark. We gam (tout as something approaching a hosiac** undoubtedly remarkable enough, hut it (ail* far short of the actual achievement* of the part year, when, aa we now leant, THE INTEREST RECEIPTS EXCEEDED THE COMBINED P*Y. >1 ENTS VCR CLAIMS, COMMISSION AND EXPENSES OP MANAGEMENT BY N 1 NEABItT Atom IV WB ABE NOT MISTAKEN, THIS RESULT IS ENTIRELY UNIQUE IN LIFE ASSURANCE HISTORY. CK&TAINLY NOTHING. 80 PAR AS WE HAVE OBSERVED. HAS BEEN EXPERIENCED COMFARABt B TO IT IN TBS *' OLD COUNTRY." AND IP A PARALLEL PACT OAK BE PRODUCED PROM ANT OTHER QUARTER WE HHAtVL BE GLAD TO EMBLAZON IT IN OUB COLUMNS. Bat this ie not all. In Groat Britain we have a (aw companies wboae new aunnnoea amount to a million a year. The number may be counted on the finger* who rise to that amount, while we have a very large proportion, perhape equal to 90 per cent of out Compute*, to whom anon a multi» altogether as unhoped (or event, BUT THE NEW BUSINESS OP*TUB AUSTRALIAN MUTUAL WAS POE R418L285, AN AMOUNT YAS IS TRULY STATEDKf THE COMPANY’S ADVBRTIBEMENTSJ, "PAR EXCEEDING THAT OP ANY OTHER LIVE ASSURANCE OFFICE IN THE BRITISH DOMINIONS." The not animal premium inoome amounted to £77.689, while the net Increase to tbe boaineei, after allowing for lew of I eentedl RESULT, u » iww.w;, « LELSD IN TBE HISTORY OP LIFE ASSURANCE. WHETHER IN THE OLD WORLD, OB IN ANT OTHER. Take another fact: the operatlona of the year—observe, only the Society'* thirty.seeond year-raised the annual income from JEBM.SB3 to £719,719, an Increase In twelve montha of £63.435, or 9* per cent on the previoue year's revenue. Again, tbe accumulated fund waa lcduring the year by tbe sum of £445,713, equal to 87 per cent of I These ant inal to 87 per cent of the premiums received. These are very remarkable result* snot accounted for solely by tim fact that they pertain to tbe "oldort mutual Ufa office in Australia/' or that tbe average intenet received by the Society, on its investments, exoeeded per cent per annum. Those factor* are of Importance in the ease, bat they would only go 8 abort way If the Society'* business was not vigorously pushed. It is the untiring activity of the Society's executive that does it t and, oa we have often sold, activity is tbe synonym of expenditure. The Society is sot spane in Its expenditure. Bat tbe results Justify the outlay. That is the crowning foot to be bone in min WHICH OP OUBOOHPANIKS, POE EXAMPLE, GREAT OB SMALL, COMMISSION OB NUNOOMUIBaiON.PAYZNO, CAN SHOW A PKQ. PORTION OP INCOME LAID BY DURING THE TEAR OP 87 PER CENT OP THE GROSS PREMIUMS RECEIVED. We know of none that can do this; (or while we have several Companiea whose expenses of management are lighter than those of the Australian Mutual, we have none, we believe, that can ahow a tar-by,sfter providing for expenses and claim*, equal to 87 per oont on the premium bumma. Something should also be said in regard to the liberal, not to au enlightened, busiaem principle* of theSoeiety, These ooastitnto a aeries of advantages woarodto policyholders, which areofaaatnre. it may fairly he presumed, to sUenoo all objectors, and to remove the scruple* which many persons profess to entertain against a too exacting system of Ufeaaaanmoe. The Sodotyfo polldes contain no conditions as to travelling. Members are allowed to travel all over themrld without Hoense or payment of extra premium. _ A policy la not convicted of felony, or by reason or im aasareu dying by the hands of Justice or by suicide, provided, in the latter ease, lalolde is not committed within thirteen months alter the date of assurance. Polldes are endorsed with an admission of age when issued, provided a certificate of birth is produced t and if that cannot be obtained, the best evldene* of age obtainable 1s accepted. A policy, when tbe ago has been admitted, is free of all conditions ottorbeing five years la forao, provided the life assured has resided within the ordinary limits from the date o! the policy, and has attaiimd. thirty years of sge. And when these conditions have boon compiled with, a Mutual Provident policy becomes absolutely indisputable and nnohallongoablo, and tbe life assured can reside in any part of the world without having to W any extra premium. And last bat not least, indeed the most liberal principle of all. Is that the policies of this Society, when they have endured three year*, are kept in (one after they have become overdue by non-payment of premium until the surrender valuof the policy is exhausted. And in proof of the fact that title principle operates, and is not a mere Itte asnonnoad by the Society fionriib of trumpets, iti that at Slat Deo.. 1899. " the number of policies on which premiums were in artetr, and which wero being continued in force by »«ans of this liberal regulation, amounted to, 1801. on which there had been advanced by the Society for payment of premlnma (exclusive of interest) the sum of 4213.187. Wo may add, the Society 1* not a competitor for business within the United Kingdom, bat it hss ito reputation to establish. AND ENGLISHMEN GOING TO AUSTRALIA MAY BY THE FOREGOING TOKENS LEARN WHERE THEY CAN FIND AN OFFICE IN WHICH TO ASSURE OF THE HIGHEST GLASS, AND WORKING UNDRR THE MOST LIBERAL PRINCIPLES KNOWN TO THE PROFESSION ANYWHERE IN THE WORLD.

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Ettablltoed 1840. THE OLDEST MUTUAL LIFE OFFICE IN AUSTRALIA. NEW ZEALAND BRANCH! HEAD Of'HOF, CUSTOM HOUSE QUAY, •'ELLINGTON. Loom . vm ot Directors. The Bon Charles ..uncoc Phoratyc, M.L.0.. William FlUhorbart, E.C.M.G., M.L.0., Deputy-Chairman* A do B. Brandon, Esq.. M.H.E. Charles J. Johnston, The Hon Morgan 8. Grace, M.D., MX 0. Medical Officer! Dr W. O. Kemp, M.U.C.B. (Eng.) Uvaldqul Score! ary i Edward W. Lowe. The remits of tho thwj'eeooad yaar'e business may bo aummarlsod aa under s— , First.—The number ol NEW POLICIES tamed mans 05AI. Second,—The NEW ASSURANCE bnalueae «T. Lotod was for an amount far •«. cording that of any other Life Asaurauoe Office in the British domlokma. Third.—The HEW ANNUAL PREMIUM IN. COMB amounted to mB»9. , , Fourth.—The NUT INCREASE to too business after allowing for lon of Income from tornjl. uated policies, wan represented hr B*M polv otes, assuring 111,817,843. This showing Is. It is believed, unparalleied In the hiatory of life FlftW*-Tlm of the year raised the ANNUAL XNCOMB of the Mooletjr from i'lUU.asS to A7S9 70S. an inorone iu the twelve months of JN3S.ABS. or P| per cent on the in eviom year's revenue. Sixth —The ACCUMULATED FUND w»s to ereis.d during the year by the sum of 4415,713, equal to »7 per cent «f the gnus premiums re. Seventh!!—The- deaths among lives assured were iWA .» number, eauslng .'Ulm« upon the Bum- » for the Minn of 41X1,413, Including bonus add IH.arATrMSSr.mansh.itawe *Kw*l*a ttiu combined payment* tot v»um« comuitHHlon, ftul iiij*©u»eo of by acoumuilatbo funds. TUltkb and a HALF ItllLl.lUNS sterling. prosiaetuses, forms of proposal, and all other inhumation may he obtained on apiilioallcn to the iin.i.u nt Ueuretary, or from »uy of tbo -Suomiy s Age Us. . KDWAIU> V. LOWE. K lle-ideut Secretary, Agent for Cbr'S'ohufi'b mVI 4‘.J J'“i* Luwra. Publications. milK MBBOANTILH AND BANKRUPTCY I GAZETTE OF NKW ZEALAND.—The ONLY GAZETTE giving the fullest particular# and oontalnlng WEEKLY INFORMATION ofaU Huxb or 8al«, Moaroaoss or Brno*. Luma o» Wool. Liv»« ow Caor, Baiutants, Jiuaa Rx. route, and all msttore relating to Mxaoaanu PoaeniTO and to lUxxxorrcT. Annual. HnbscrlpUon.«3 Ba, payable In advance Half-yearly Index publtehod to January and July A’ ALtarne, Hereford