Page 2 Advertisements Column 2

New Zealand Times, Volume XXXIII, Issue 5324, 20 April 1878, Page 2 (Supplement)

Public Companies J>BELIMINABY NO TIC E THE COLONIAL INSURANCE COMPANY OF NEW ZEALAND, (To be registered under the Joint Stock Com1 ■ panics Acts), . FOR FIRE & MARINE INSURANCE. Capital ... ... Two Millions Sterling ' ■ In 200,000 Shares of £lO Each, Ten Shillings per Share payable thereon. Making £IOO,OOO Cash Capital. CHIEF OFFICES ... WELLINGTON. BOARD OF DIRECTORS. Chairman : ■ The Hon. C. J. Phabaztn, M.L.0., Chairman Local Board Australian Mutual Provident Society. . Vice-Chairman : The Hon. Randall Johnson, M.L.C., Managing Director Northern Land and Loan Company. Jacob Joseph, Esq., Merchant. , A- de B. Brandon, Esq., M.H.R., Local Director Australian Mutual Provident Society. E. W. Mills, Esq., Merchant. The Hon. M. S. Grace, M.L.C., Local Director Australian Mutual Provident Society. Walter J.. Nathan. Esq., Merchant. Solicitors : Messrs. Brandon and Son, Wellington. . General Manager. A thoroughly competent and experienced General Manager will be appointed. Bankers To be hereafter appointed by the Directors. Secretary - ' For organisation (and subsequently Agent, for Canterbury); Mr. Fbedk. E. A. Graham.

The above Directors, are entrusted with the organisation of the Company, and have po>ver to frame the Articles of Association, and to register the same.' They . will provide for the Board a tentire of office' of one year, and the annual retirement of the usual proportion of their number. . The Directors have each subscribed for £IOOO cash interest in the Company, and have undertaken its formation ns .a thoroughly Colonial institution, with head-quarters in, Wellington. One-half only of the shares will be immediately issued, and the Directors having already apportioned a considerable number in securing a large amount of support, are prepared to place the available balance for Wellington with pbrsons whose business or .influence is calculated to be valuable to the company. Adequate proportions of the first half of the capital are reserved for the. other parts of the colony, and will there be allotted by the Directors upon a timilar principle, in the mutual interests of all concerned. The Company having thus secured a large amount of support, and being able to offer to the public the guarantee ,of ample Cash Capital, will commence business, the whole of the remaining ; 100,000 shares being reserved for allotment in successive issues to actual insurers with'the Company in proportion to the insurance premiums paid.by them. Several of the Directors have had experience of the’great advantages of mutuality in ' connection with the most successful Life Association existing)'and, after long consideration, the Board: are satisfied that the present proposal comprehends the most practical embodiment of that principle applicable to Fire and Marine Business.. NOTICE. Subscriptions for a large number of shares, carrying pledges of material support, having been arranged, the Directors are compelled to require positive assurance. of intention and capacity to 1 bring business before making further arrangements, excepting in regard to matters yet in negotiation. , ' A, Temporary Office will be opened in a few days, at which information can bo obtained. In addition to a fair proportion of the first issue reserved for small insurers, the 100,000 shares retained in hand will' further secure, on the 'definite and equitable basis of mutuality proposed, the interests of the small insurers, whose support affords the best guarantee of business Strength. Business people, and others having insurable , property can make inquiries at the temporary. offices (Panama Chambers, late Ledger’s), from the Secretary or AssistantSecretary, previous' to arrangements being made for the receipt of their applications, which will be done as sobu as possible.:

ADDITIONAL SUBSCRIBERS. ' |' Thompson,' Shannon, and 06, Krull and Co. ' : Kirkcaldie and Stains J. Harcourt (of A. P. Stuart and Co.) \V. H. Levin W. Waring Taylor' J. Dransfield ! 1 Greenfield and Stewart George Crawford • Wilson and Richardson L. Levy Alexander Johnston D. Mclntyre J. Burne . Sir W. Fitzherbert, K.C.M.G. W. Bishop J. F. E. Wright Jno. Duthie <of Wan&anui) W, Dawson'and Co. Jonas Woodward . ' Robert Port W. R. Williams ’ ", ' John Plimmer, sen. T. Mills and Co. , ' Zohrab, Knocker,’and C 0... W. & G.,Turnbull & Co. "\T AT lON AL MORTGAGE AND 131 AGENCY COMPANY OF NEW ■ . ZEALAND (LIMITED). ’ v The undersigned is appointed AGENT for ' the above company, and is authorised to make Advances to 'Station-holders' and others,' on Mortgage l of freehold ! property/ or against shipments of wool or other produce.' ; Wool-growers requiring advances in anticipation of next clip, may obtain them on liberal terms. i 1 EDWARD PEARCE, :r ' Agent for Wellington and Hawke’s Bay. NEW. ZEAL AND T OAN & MERCANTILE AGENCY CO. JJ - (LIMITED), ; “ Capital'.. ... ... £3,000,000. . The Company .makes advances on stations, on stock, oni growing clips ‘of wool, and oh other produce ; and receives consignments of. .wool, hemp, grain, tallow,, preserved moats,, leather) ■ horns/'&c., for sale in London on commission at rates which may bo learned on application at the company’s office. 1 . W. H. TRAPP, . Pro Agent,: .: ■Onvm' And Sloßfia s. , . Custom Hquse-quay, ~ (Next 5 Plimmer’s Wharf). ■ 1 ' HE SCOTTISH AND NEW ZBA- . LAND.INVESTMENT COMPANY; LIMITED;,: . . Capital —£500,000, < ■■ ■; ; ■" , This Company is , prepared to mako Advances to farmers and others on freehold or leasehold propectiep at the. Lowest Current Rates of, Interest,; and; to arrange,for repayment ,by instalments,if desired.! .. ! '• a- Forms and particulars : may! bo obtained at the Company’s Hoad Ofiice, EHk-»treet, Invercargill, .or by;application to theiundersigned. ' . MURRAY, COMMON, & CO., ; i., , j,,,- Agents inJ Wellington.. ■ J AVERPOQL & LONDON , & GLOBE ' INSURANCE . COMPANY. All classes of. FIRE RISKS In town or country, taken at currentpates; , r; : • EDWARD TEAIBOE,: Agent, .