TRAFALGAR HOUSE. o Clearing Sale op SUMMER STOCK, CONTINUED!!! AT REDUCED IP RIC E © !!. 0 F^^isrois GRIMES, MANAGER. March 5, 1870. 449.
NIGHT SCHOOL will RE-OPEN at the CATHOLIC SCHOOL, on MONDAY NEXT, March 14. 435 TO LET OR SELL, with Immediate Possession, a WELL-STOCKED SHEEP and CATTLE RUN, with Buildings and every requisite. Apply, THOMAS ASKEW, Galatea Hotel. 479 I. 0. O. F, M. U. THE LOYAL TAKAKA LODGE will hold their ANNIVERSARY DINNER at the SHAMROCK HOTEL, Waitapu, March 17, 1870. Members and Friends of the Order are respectfully requesttd to attend. Dinner on the Table at 6 p.m. Tickets, 4s eaoh. 480 PROPERTIES OF ALFRED FELL, ESQ. AND HENRY' SEYMOUR, ESQ. ALL Persons having PAYMENTS to make, or other business to transact in connection with the above Properties, are requested to apply, from and after this date, to CHARLES YATES FELL, ESQ., Tralalgar Street, who has full authority from Mr. Fell and Mr. Seymour to act on their behalf. CURTIS BROTHERS. Nelson, March 4, 1870. 474 "ROYAL INSURANCE COMPANY. Head Offices: NORTH JOHN-STREET, LIVERPOOL. THE DIRECTORS have now the pleasure of submitting the following Statement, showing the FINANCIAL POSITION of the COMPANY. The capital available for the purpose of meeting any unusual calamity happening to the assured is two millions sterling. The amount actually paid up, and the accumulated funds in hand at this date exceeds £1,500,000. For the satisfaction of the public the whole of the securities belonging to the Company are annuallv submitted to the careful scrutiny of two independent auditors, and the following is an extract from their report to the last annual meeting : — " The whole of your books have been audited ; every document, every account, every voucher, your bank-book, and every security— all have been most carefully kept, and there is not one doubtful security in the whole." A detailed list of the investments of the Company, as already published, may be obtained on application. INDEPENDENT VALUATION OF LIFE LIABILITIES. In continuation of the Q.uinquenial Investigation to the end of 1864, which resulted in a large division of profits among the Policy-holders, the Directors have just obtained an Independent Report from Mr. Samuel Brown, President of the Institute of Actuaries, on the results of the Life business for the four years ending 31st December, 1 868, as follows :— LIFE LIABILITIES AND ASSETS On 31st December, 186S. *« _*. 2 So ___! ■2 .°S •« & 2 S cs _a> a 3 fc B H General Life Assurances less Re-assurances 13,844 765,021 942,643177,622 Children's Endowments 207 21,260 23,287 2,027 Annuities (immediate& deferred) 421 137,544 156,345 18,801 Total 14,472 923,825 1,122,275 198,450 The results show a surplus in the Life Branch available for the next Division of Profits in 1870, amounting to £198,450. The valuation of the Life Policies has been made at the usual rate of interest, and the Nett Premiums only have been taken, so that the proportion for future profits and expenses are entirely held in reserve, and not brought into the valuation. JOHN R. MABIN, 477 AGENT FOR NELSON.
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Bibliographic details
Nelson Evening Mail, Volume V, Issue 60, 12 March 1870, Page 3
Word Count
503Page 3 Advertisements Column 3 Nelson Evening Mail, Volume V, Issue 60, 12 March 1870, Page 3
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