Page 8 Advertisements Column 3

New Zealand Times, Volume XXXIII, Issue 5329, 26 April 1878, Page 8

Auctions IMPORTANT LAND SALE. WAINUIOMATA ESTATE. Mil. R. J. DUNCAN lias received instructions from Sir William Fitzherfaert, to sell by public auction, at bis saleroom, Panama-street, at an early date,—, Several valuable allotments of land on the Waiuuiomata Estate. , . The land has been sub-divided into suitable allotments. A schedule of terms and plans will appear in ai future advertisement. ~ PETONI TOWNSHIP. MR. R. J. DUNCAN will shortly open for l sale the unsold allotments of this favorite township. It will be recollected that, at the former sale about two years ago, a considerable nnmberof the best allotments had to be withdrawn from sale, in consequence of errors in the plan. These errors being now rectified, the whole may be disposed of. : Full particulars and time of sale will be announcedin future advertisements. - Public Companies PRELIMINARY NOTICE. THE COLONIAL INSURANCE COMPANY OF NEW ZEALAND, (To be registered under tbe Joint Stock Companies Acta), ■ EOR EIRE & 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. O. J. Phabazyn, M.L.0., Chairman Local Board Australian Mutual Provi- , dent Society. , 1 ; • Vice-Chairman: The Hon. Randall Johnson, M.L.0., Managing Director Northern Land and Loan Company. Jacob Joseph, Esq.; Merchant. A db B. Brandon, Esq., M.H.R., Local Director Australian Mutual Provident Society. E. W. Mills, Esq., Merchant. The Hon. M. S. Grace, M.L.0., Local Director Australian Mutual Provident Society. Walter J. Nathan, Esq., Merchant, i : ■' ■, 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. :i : , - Secretary ' . For organisation (and subsequently Agent ; . ' for Canterbury): ■ - Mr. FuEDK. E. A. Graham. . .The above Directors, are'entrusted with the organisation of the Company, and have, power to frame the''Articles of Association; and to’ register the" same. They will provide for the Board a tehinre of office of one -year, and the animal retirement of the usual proportion, of their number. -

, The have each subscribed, for •Cl 000 bash interest in the Company, and have undertaken. its formation as a thoroughly Colonial institution,’ with head-quarters inWellington. : , • 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 persons 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- similar 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 shires being reserved for allotment in* suocessiveissues to actual insurers, with the Company in proportion to the insurance premiums paid by them. ’ Several of 1 the. : Directqrs r have/htvd' experience of the great advantages of mutuality in connection with the most successful. Life Association existing, and, after long consideration, th? Board are satisfied that the present proposal comprehends* the most practical embodiment of that principle applicable to : Dire and Marine Business. . , .NOTICE.. . , ■ ■ Subscriptions i for a large number of shares, carrying pledges of material support, having been arranged, the Directors : arc compelled to require positive, assurance of intention . and capacity to bring business before making further arrangements, excepting in, regard to matters yet in negotiation.’ *. ... .Vj : In addition to a fair* proportion of the first issue reserved; for small insurers, the 100,000 shares retained in hand will further secure, bn 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, householders, and . others having insurable property can make inquiries at thb 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 he done as soon as possible.

, . / ADDITIONAL SUBSCRIBERS. Thompson, Shannon, and Co/ Krull and Co. .; / / .' Kirkcaldie and Stains J. Harcourt (o£ AP. Stuart and Co;) W.:H. Levin - >W.; Waring Taylor Vj r ... , : J.' Dransfield , • . Greenfield and Stewart ■. George Crawford and Richardson Jj, Levy 1 ■ Alexander Johnston D. Mclntyre , , J. Burno . , .... . . , .. ■ ■ Sir.W. Pitzherbert, K.O.M.G. W. Bishop : •J.F. E. Wright ■ Jno. Duthie (of , Wanganui) W. Dawson and Co. . si;/'Jonas .Woodward- .. ■- ■*., : Robert Port ■ , , v ■ W. R. Williams r John,Flimmer, sen. ■ i T. Mills, and Co. I, ■ Zohrab, Knocker, and Co. ■ > - ‘ W. & G. Turnbull & Co. . t qVTAXIOtf AL; MORTGAGE AND JL\. AGENCY ‘ COMPANY ;OF NEW ZEALAND'(LIMITED)/ ' ' ... The; undersigned, is appointed AGENT for the above company, and is authorised to make Advances to Station-holders and others, on ■Mortgage ' 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. ' EDWARD PEARCE, Agent for Wellington' and Hawke’s Bay. NEW ZEALANDLoan & mercantile . Agency go, .. (LIMITED).--- ( . Capital .... , ... £3,000,000.. .", The Company makes advances* on stations, bn stock; on growing clips ‘of , wool, and on other produce ; and receives cofasignments of wool, hemp,' grain; tallow, preserved meats, leather,, horns, &c., for sale; in London ion.commission at rates which may bo learned . on applioation at the company’s office, -' ‘ ' / : i u , ' W. Ef. TRAPP, I , ; : Pro Agent, Offices . AND Sxohes : - Custom Hodse-ouat, ■ • • • ■ ■■ (Next Plimmer’a r Wharf)., . rflHB SCOTTISH AND -NEW ZBAX LAND INVESTMENT. COMPANY, -LIMITED > Capital— £soo,ooo. - Ihlh Company'is prepared to .make Advanceft to fanners and others on freehold or leasehold properties at the Lowest Current Ratos ui- Interest, and to arrange for repayment by (instalments .if desired., . ,- Fnrw- end particulars may ho obtained at any’s Head Office, Esk-street, Inverto the undersigned, sr. jau., ,