AUBIRALIAN ; SOCIETY". : ESTABLISHED ...... 1849. , The OWoat Life Office in Außtralia. Kt-w Zeulanu Branch : Tlead OnV', Cnßtom-house Quay, We!» lingtcn, Local Board of Directoi a : The Hr.p. Mori-ttn S. (We, M.D..C.M.G., : M L C (Chairman). CliarlesJ. Joliußton, K=n. (D.^pu-y Chairmar)). I A -frert de IWbe Brandon, Esq. The iHo^.-K-LwHriVl'iichardsoi,, 0.M.0.f M.H H. \ichol«B.Heifl, Jifc^, ■ Medical Offiorr : T). . W. 0. Kemp. jM.R.C.S (Ei frnft). \ f\ lian Mutual Proviront Sociejv,,! find sccmo ft»i Amri.'i' Bonus or DividoM. I '' n pri^il'^e whj* 1 )) j»n oti.or Go'pnial _I>ife O.tw-c n jirn.nt its.' member?. >.; Bo careful that yo;i si-kct tins. Society, and do not be Mislod hy tho ■ similarity of Nfimo qt some of tho. ! other youngrr Austmlinn Offloes. \ Tlie attention of the Memborß and the General Public itr called to; so in p of the special features couneeied wilh tlie ■""oefatv. vhii-h is th»^ oldest Cblonial Institution of its kind, hayr ing l( en estabiifihed • in tho' yf ar 1849. ■;.'■■ . '"']■' The results of the business for the Forty-first year, ending Slsi Deceiwber, 1880, may be summarised as under:— First — Thn number of the new policies issued was 11, 064. Second— 'l he new A-suranco business effected wan for £3,679,459. ' , 'iniRD-rThe .new Annual Pre-; mium Incoiue amounted to £121,800. Fotjrtii— The 'net increase to the business. aftor>.llowiug- for loss 1 of income from ■ terminated Policies, was represented b^ 7028 policies^ssnring £2,109.109. ■ -.•■ . • - j ■;,;• FlFrH— The' operations of tho j-enr raised the atmnftl income of ,t'be •society frcm £1 512.280 to £1,02.^', r lB5, an* iricrense in twelve TO'onths of v '.-'■ .r: : :• ' ;-' ; |-. ; hßnccnraubt'e'dfundiwas increased? during the 1 year ; by ! the .sum ot' £742,811, eiiual to 71 i^ifj cent., of tlie gross pvemluinßi re/ccivedv : .'' •■ ' ': ' '■; ; ' : - : ; - ■\'' iSkvemtit— The death's amonprlives' assured; worn 649 under 7Bs p^lipieH,. causing claims, upon th'«; Society' amounting to £299,6012 : iwesnective of Bonus additions, while the' number ext ecter! accovdirig'totheTflpie^ •us^d.in; estimating; the .liabilities would haya been 1143, for ; aft amount uf £488,976, the mortality experience, being thus ! extremely favourable. • , j .■EiGfITH--The receipis fi-omj interest and rents were £516,882! an amount exceeding the siiin paid ■ for "the claims by f 188,952. : :Hj3mi-~3?he expenses of man^ga* .roent were finly •.•9.6; per cent, of ithe total receipts. • i UeKTH-iThe caali slfrp'us divided for the year 1889 w.as> £420,494; being-a* the- rate of 41 & percent; on the; premiums received.- <\ < \\ The operations of .tbe.Sociafcy during the 41 years of its Existence maj be summarised as underr— in | ■. It baß isßued 141,907 policies, ! Sb ■ ! Suring JBAOj-ftl^TlT. J •'••, It tins paid t6 l the : repi i a'eptatiy*B'of i de ceased rjembei*6ver j£4t,OOOV' POO in satjefaqtiop ,of death au( ! , iua«u,ied)Bl»ims. ; f ::.'»«:"•, ' , l^hjtf divide^, «mpD«"the member? : casl ,>pbu?eß :aps«*gftting .over jß4k ? ; ' ' ' 000,000 9 jifeldi'nc revet oinn fli-y artditj.ons of over : £8+0009! ■ -. sOCMfe. ■'-:?' '>■ • = ■■• • •••" : ; !1J it has Acquired on Accumulated Ejiifr . . of ; £9,ooo,ooo, ; : : »i: invested *^ &&&& fully 6 p©x? ;; '.fompt ■..' liitereßt,.""; 1 " ;7.;;.,^| r \ '■'■■■■''■ - ' •■■■-'* - ? '■'■ '•>"' ; - EDWARD W. ! >■••■•••. ; Besident r 'Secr6tary r Branch Office— -y '■■*'< --[I 1 'G.nstibm HouseQuay'.'WelHngtot v - J FQiton ; Agents— •\ : '-' : '•'■''^■'J-^}. i ■ * ;- "0 I HykNK-,LTKTOK-&i^, Ui ,':l *,i't}?*'. 0< i.'ii.'; I£ t liX ,va ■ •
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Manawatu Herald, 22 March 1892, Page 1
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497Page 1 Advertisements Column 2 Manawatu Herald, 22 March 1892, Page 1
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