— The Accumulated Fund was increased during the year by the sum o*' 25,311- equal to 7X per cent of the grow. premiums received. Seventh— The deaths among lives assured were G49 under 735..policies, causing claims upon the Society amounting to £259,602> irrespective of Bonus additions, whife Ahe number, expected according to the Tables used in estimatingthe liabilities have been X143, for an amount of £438,---©7©, the mortality experience being thus extremely favourable. Eighth— The receipts from interest and rents were £516,83S } an amount exceeding the sum paid for the claims by £133,952. Ninth— The expenses of Management were only 9.5 per cent, of the total re-ce-ipls. Tenth: — The cash surplus divided for the year LSS9 was £423,494, being at the rate of 42.. & per cent, on the premiums received. The operations of the Society during the 41 years of its existence may be summarised as under — It has issued 14i,907 policies, assuring £48,417,717. It has paid to the representatives of deceased mem hers over £4,---000,000 in satisfaction of death anp matured claims. It has divided among the members cash bonuses aggregating over £4,000,000, yielding reversionary additions of over £8,000,000. It has acquired an Accumulated Fund of £©,OGO,COO, all invested to yiel<t iKtexrest. / Rpetr. Now Zealand— £l,273,sl4 EDWARD W. LOWE, Resident Secretary. Beaxch Office — . Custom EEoiaso Qiaay, H3Telll2zgtQn« FoxToi? 'Agent's-- '*** " i THYNNE, LINTON & CO. J^^ IIMIIIB-
B. H. BAEBER, ENGIN! ER, and GENERAL BLACKSMITH. MAIN STI-EET: FOXTON. A GOOD SHOER KEPT, T?LAXMIILI RS can have all re- -^- pai;s cxecu cd quickly and at Reasonable Prices. 1. ackirg, Red and White Lead, and Insertion kept in stock. Piling Cut and Screwed, Agent Fob THOM AS- PO WICK'S Excelsior Flax Stripper. Central Hotel, Next to the Theatre Royal, THE SQUARE. PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' A rms Hotel We'lington,) HAS taken over the above Hotel, and hopes to receive th« same patronage bestowed upon Mr Car mody. Meals for early and late trains. Ales, Beers, Wines, and Spirits of the Best Brands Only kept in stool*. . First-class accommodation for Per manent Boarders and Oio Travelling Public. " • "y^ in IT C 11. ETT WO ! DSWOR i H STEFET .Wl-LLINGTON. ..; ; Maker of all Kinds of ' " Dog Carts- ■ Buggies . . . • tpringTiaps ' .Express Wnggons " rpiing Dfays Tip Drays .-. Pole Draye," lousiness Carts J. F will ha happy to- furnish prices for any vehicle on application bypost. AlgWoik rnntecd. - ■'•/•'- .'
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH18910411.2.2.4
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume III, Issue III, 11 April 1891, Page 1
Word count
Tapeke kupu
393Page 1 Advertisements Column 4 Manawatu Herald, Volume III, Issue III, 11 April 1891, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.