Page 7 Advertisements Column 6

Lyttelton Times, Volume LVI, Issue 6502, 29 December 1881, Page 7

Public Companies A ÜBTBALUN MUTUAL PROVIDENT 0L SOCIETY. lathe "CowavroUl World" for Jos* Utbwo tatanurf of tbo Directors' Report of this Compeny, tad if wo refer to It into H U mainly to order »o wmteßwtit sod perfects statement then atd». which wo flad woo abort of the mirk. We gave ft out u something approaching • bnstoeea phenomenon, tint Um Society throughout ito entire career of thlity4wo.yeen hid paid Iteofolmi oat of interoot receipt* item, This statement ii ondonbtedly remarkable enough, bat It folia far short of the aotnal achievements of the past year, whan, M wo BOW learn.THE INTBREST RECEIPTS EXCEEDED THE COMBINED PAT. MEETS POE CLAIMS. COMMISSION AND EXPENSES OP MANAGEMENT BT NEARLY MUtm. ZP WIB ABN NOT MMTiKNN, THIS RESOLT 10 ENTIRELY UNIQUE IN LITE ASSURANCE HISTORY. CERTAINLY NOTHING. 80 PAR AS WE HAVE OBSERVED, BAS BEEN EXPERIENCED COMPARABi fc TO IT IN THE "OLD COUNTRY,'* AND IP A PARALLEL PACT CAN BE PRODUCED PROM ANT OTHER QUARTER WE SHAM. COLUMNS? ®° n 111 OUB Battbia to not all- InOrett Britain wo bare a tow eompaalaa whoso new asearmeea amount to i millionay*ar- The number may be counted on the •ten who ifMto that amount, while w* bares very tom proportion, perhaps equal to 80 per cost Of oat Compmias,to«bom onelii reaait to alto ■other in unhoped for event. BUT THE NEW BUSINESS OP*Til> AUSTRALIAN MUTUAL WAS POR ttJM.2BS. AN AMOUNT (AS IS TRULY STATO/lN THE COMPANY'S AD. VEBTIBEMEMTB;, "PAR EXCEEDING THAT OP ANT OTHER LIPE ASSURANCE OPPICE IN THE BRITISH DOMINIONS." The set annual premium tooone amounted to £77,850, while the netlnonaao to the bnatoao* after aifowing for lon of income front teraatoited polldee, waa won 7 r « a tGu BEBUL?, IT 'IS BELIEVED, IS UNPABAI-. LELED IN THE HISTORY OP LIPE ASvUßanceTwhether in TBS OLD WORLD, OK IN AMY OTHER. Tabs mother foot > the opera, tlona of the year—Observe, only the Society's thlity-eeoond year—ralaod the animal income from JDOMB3 to £719.73#, an Increase to twelve montha of £6MBG,or tty percent on the previcwi year's nreane. Again, the aoenmnlated land was ir daring the year by the asm of 8U5,713, equal to 87 per cent of theptemlnma received. There an very remarkable reenlte ji Then an my remarkable reenlte jnoi accounted lor solely by the foot that they pertain to the "olAeet nmteal lifooffloo to Australia," or that the average totereet received by the Society, on it* inveetmeate, execetto 6 par cent per annum. Those factors ate of importance to the ease, bat they would only go a abort way If the Society's hnainMs wm sob rlfoetoßly poshed. It la the untiring activity of the Society's executive that does it i ml, as we have often said, activity is the synonym otaxpeuditan. The Society to not gparae to ite expenditure. Rot the reenlte hastily the outlay. That to the crowning fact to be bone to mind. WHICH OP OURCOMPANIES, POR EXAMPLE, GREAT OB SMALL. COMMISSION OR NON. OOMHISSION.PAYXNO, CAN SHOW A PRO. PORTION OP INCOME LAID BY DURING THE TEAR OP 87 PER CENT OP THE GROSS PREMIUMS RECEIVED. Wo know of non that ido thto; for while we have severe! Companies whon expenne of manafemeot are lighter than Vtin— rJ Awafi-aHaTt Mntnal, m * .. .we have none,we believe, that can chow a lev-by.after providing for axpenan and claim, equal to 97 per cent on the Something should also he said to regard to the liberal, not fa* (fay Kw»tmi« principle* of the Society, These constitute a eerie* cf ad ran* tegea aecarea topolicyholdece, which axe of* nature, to may fairly be preenmed, to silence all objector*, and to remove the sernplea which many persona yrofen to entertain against a too exacting of lifoaeourmoe. The Society's policies contain no conditions ns to travelling. Memben are allowed to travel all over the world without Uoense or payment of extra premium- A policy to not forfeited through habits of intemperance eon* traded after the policy to taued, or through being oonrictod cf falooy, or by reason of the assured dgtog by the haad& of Jnattoe or by seieida,pro; in the latter case, euicide to not committed within thirteen months alter the date of aaanxmoe. PoMciee an endoned with m admtoaioa of ago when toned, provided a oerttooate of birth to pro* daoedTmdifthat cannot be obtained, the beet eri* deems of age obUinable to acceded. A policy, whan the are has been admitted, to free of all condition* after Wng fire yean to tone, provided the life as* ■med baa named within the ordinary limits from the date of the policy, and hie attained thirty yean of age. And whan then oondittona have been eompttcd with* n Mutual Provident policy becomes absolutely Indisputable and unchallengeable, and the Ufa amend oa reside to my part of the world without baring to pay any extra premium. And tort bet not tout, todeadtae most Hberal principle of all. to that the poHciae of this Society, whan they have endured three year*, an kept to tone after they have become overdue by non-payment of premium until the surrender vela - of the policy to exhausted. And to proof of the foci that this principle operates, and if not n mere Sourish oftrumpets, ttto esnoonoad by the Society that at 81st Deo., 1880. "the number of potieiee on which premiums wan to sneer, and which were bring eonttoned to force by mama of thto liberal regulation, amounted to 1901, on wliioh then had been advanced by the Society for payment cf premiums (exclusive of intmet) too non of 4SUB7«** W# tui adi. the Society to not for budnen wiithto the United Kingdom, hot it has its reputeAND EtrGLISB&SN GOING tlon to wtlhtilhe TOl AUSTRALIA MAY BT THE TORE GOING TOKENS LEARN WHERE THEY CAN FIND AN OFFICE IN WHICH TONSURE OF THE HIGHEST CLASS, AND WORKING UNDER THE MOST LIBERAL PRINCIPLES KNOWN TO THE PROFESSION ANYWHERE IN THE WORLD.

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established 1849. the oldest mutual LIFE OFFICE IB AUSTRALIA* NEW ZEALAND BRANCH: mn Of-'TCB. CUSTOM HOUSE QUAY, ELLINGTON. Loos.. -- ' r d of Directors. Tbs Hon Charles . onson Fbaruayn. M.L.C., Chairman. The Boa Sic WUllia Fitahwbert, K.C.U.G.. M.L.C., Depuly-Chairman. Ads B. Brandon, EkLm.ILB. OtaurlM J. Johnnon, S»q., J.P. The Rob Hoqu S. Grace, M.D., M.L.C. Medical Officer: Or W. Q. KcamM.R.C.B. (Eng.) Beddent Secretary: Edward W. Lowe. T&e molts of the thirty-second !«’• business JMT h* imßOUifidd M Q&Qd? f Snt««TlM DQ&bw of &EW POLICIES issued w*<6ssl# Second.—The NEW ASSURANCE badness cffee ted m for £3,181,25% en amount tar ex. ooeding that of ear other LBe. In the British domisione. ThlS-lhV NEW ANNUAL PREMIUM IN. COME amounted to £78.899. . _ . Foorth.—Th* NET IN QBE ASS to the business after allowing for tons of income from terminated policies, was represented bv $«8 polldee, waring A1.Yi7.813. Thte showing if. it te believed, unparalleled in the bister; vf life ftl4OniQo#« Fifth.—The operations o( tha year raked the ANNUAL INCOME of the Society from £684,883 to £758.7®*. en increase in the twelve months of £65.485. or per cent on the previous year - * revenue, filvtli —Tha ACCUMULATED FUND was inoraessd daring the yeer by the stun of £415.713, eqimjMto 87 per cent of the gross premiums reSeventh.—The deaths among live# assured were 985 In number, causing claim* upon the S tor the snm of £131,413, including bonus nd'-u-Wona under Ml polidea. , Eighth,—The INTEREST RECEIPTS for the yesr conceded the combined payments for dura*, commission. and expenses of manstemens by AMrhr 42i0,f1w accumulated funds, three and a HALF MILLIONS starting. FrOspednaea. forma of propesal. and all other information roar bo obtained on application to the hedilent Secretary, or from any of the s.-mety s Aseuta, EDWiKU U>WE. Ktwident S* or Uty, <856 453 Agent-for Chr>s‘cliuf"h. John lewis. Land Transfer Notice*. OTIGE la hereby given that the sever* 1 poroele of land hereinafter described will be N*ggU jrunght under the provisions of " Tha Land Unmafer Aot. 187%** unlsae caveat bo lodged forj bidding the same on or before the sand cay of January. 1883: . . , _ , 4430, Wiu.ua Hoasaa.—l aese part of Rural Jeotlon 18% Christchurch District. Unoccupied. 4701. Joax Asator.-l rood 81. perches. Lot 63. UprttodFlan 63. pert of Rond SeW 73. Christ, thcurch District. Occupied by Applicant. 4708. Joaw Gioaos Bodds.nklao.—l rood 4 servdtes. part of Rural Section 113, Christchurch Sutrict. Unoccupied. Diagrams may be inspected at this office. Dated thle 17th day of December, 1831, at the Unda Registry Office, Cbriafeharclu M 77 85 District Land B^istrar. City Oounoil. rUK •• Frets " Newspaper haa been apjmlnted the Official Taper ot the Christchurch City Condi for 1888. 5 or rf*r. HASKINS. Town Clerk. City Council Office, „ Deo, 53,1881. 9454 M MARKET SITES. riEHDKBB are invited by peteose repairing 1 1 *<!(>. th* ui. of cdontal produce or fish. Particular* of the condition* for leakag can be ►on at the City Council Office. Endorsed Tendon to be eant in by noon of the h January, 1882. y y BABKXSB. Town Clerk.