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PROSPECTUS OT? THE SOUTH BRITISH FIRE AND MARINE INSURANCE COMPANY OF NEW ZEALAND. TO BE INCORPORATED UNDER THE JOINT stock companies acts. Capital £500,09 In 25,000 Shares of £2 O each. faiTH UNLIMITED LIABILITY OF SHAREHOLDERS. Provisional Directors : Hon. Henry Chamberlain, M.L.A. William Morrin, Esq. Akdrett Wardrop, Esq. William Crush Daldy, Esq. Albert Beetham, fcsq. William Earl, Esq. Stankus Jones, Esq. Auditors : Solicitors : Bankers : Secretary, pro tern : J. F. Clark. This Company is being established as a purely Colonial Institution, distributing its shares as ■widely over New Zealand as possible, by allotting a fair proportion to each province. The business of Insurance in New Zealand has become so extended that foreign companies are constantly appearing on the field, and withdraw large sums of money from the colony, clearly showing that with the increasing prosperity of the country there is ample room for a sister Institution to the New Zealand Insurance Company, which during an existence of thirteen years has met with unprecedented success, saving many thousands of capital to the colony, and therewith fostering local enterprises. The operations of the Company -will be conducted with extreme caution, and upon sound principles; its success being insured by the bust ness largely emanating from its own shareholders. A deposit of of 5s per share to be paid on application, and a further sum of 5s per 'share on allotments; no further call being anticipated. J. F. Clark, Secretary, pro tern. 13, Insurance Buildings, Auckland. The Undersigned, having been been appointed Agents for the above Company, are prepared to receive applications for Shares. Only a limited number of shares are available for Nelson, and must.be applied fbr in the terms of the prospectus L inbilateif^han the 31st July. .;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18720708.2.11.1

Bibliographic details

Nelson Evening Mail, Volume VII, Issue 161, 8 July 1872, Page 4

Word Count
285

Page 4 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 161, 8 July 1872, Page 4

Page 4 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 161, 8 July 1872, Page 4

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