The Union Insurance COMPANY.
(By Telegraph.) (united press association) Chkistchukch, June 26. The balance-sheet ot the Union Insurance Company for the year ending May 31. shows an available balameof £27,338 7s '21, of which amount \he Directors propose to devbte £Bj2stto the payment ' r f ' the usual dividend of 1 0 per cent, arid to place £10,000 to th> Reserve Fund, and to carry £9210 7s 2d f rward to next year. Premium^ received for the year amounted to £132,958. an increase of about €20 500 j on the previous year. The Diiectors, m their report, renaork that the business of the Company &hows considerable progression. They further say tout they have arranged to take over the business of the Auckland Mutual Company, but as the agreement, to do this was confirmed only on 25th instant, the business does not appear m the accounts submicted at the meeting this afternoon, i
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Bibliographic details
Manawatu Standard, Volume 4, Issue 174, 29 June 1883, Page 3
Word Count
151The Union Insurance COMPANY. Manawatu Standard, Volume 4, Issue 174, 29 June 1883, Page 3
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