Page 4 Advertisements Column 4

New Zealand Times, Volume XXXIII, Issue 5330, 27 April 1878, Page 4

Public Companies KELIMIN AKY NOTICE, THE COLONIAL INSURANCE COM- : PANY OF NEW ZEALAND, (To be registered under the Jobit Stock Companies Acta), FOR EIRE & MARINE INSURANCE. Capital Two Millions Steeling In 200,000 Shares of £lO Each, •Ton Shillings per Share payable thereon, Making £IOO,OOO Cash Capital. CHIEF OFFICES ... WELLINGTON. BOARD OF DIRECTORS. Chairman : The Hon. C. J. Phakazvn, M.L.0., Chairman , Local Board Australian Mutual Provident Society. 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. Messrs. Brandon and Son, Wellington. A thoroughly competent and experienced General Manager will be appointed. To he hereafter appointed by the Directors. Secretary For organisation (and subsequently Agent for Canterbury): Mr. Fbedk. E. A. Graham. Vice-Chairman : Solicitors : General Manager. Bankers

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 tenure 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 as a thoroughly Colonial institution, with head-quarters in Wellington. One-half only of the shares will bo immediately issued, and the Directors having already apportioned a considerable number in securing a largo 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 shares being reserved for allotment in successive issues to actual insurers with the Company iu proportion to the insurance premiums paid by them. Several of the Directors have had expedience 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 bring business before making further. arrangements, excepting in regard to -matters yet in negotiation. In addition to a fair proportion of the first issue reserved : for small insurers, tho 100,000 shares retained in hand will further secure, ou the definite and equitable basis of mutuality proposed, the interests of tho small insurers, whose support affords the best guarantee of business strength. Business people, householders, and others .having insurable property can make inquiries at the temporary. offices (Panama Chambers, late Ledger’s), from the Secretary or A-ssistaut-Secretary, previous to arrangements. being made’ for the receipt of their applications, which will be done as soon as possible.

' Additional subscribers. Thompson, Shannon, and Co. Krull and Co. , ■ Kirkoaldie and Stains J. Harcourt (of A. P. Stuart and Co.) IV. K. Levin W. Waring Taj lor ,1. Dransfield Greenfield and Stewart , , ‘ George Crawford Wilson and Richardson L. Levy . Alexander Johnston D. Mclntyre J. Burne Sir W. Eitzhorbert, IC.C.M.G. W. Bishop , J. E. K. Wright Jno. Dnthie (of Wanganui) W. Dawson and Co. Jonas Woodward Robert Port W. R. Williams John Plimmer, sen. T. Mills and Co. Zolirab, Knocker, and Co. W. & G. Turnbull & Co. IVTATIONAL MORTGAGE AND AGENCY. COMPANY OP NEW - Zlf ALAND (LIMITED). : Tho 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, 1 may obtain them on liberal terms. •’ EDWARD PEARCE, Agent for Wellington and Hawke’s Bay. NEW ZEALAND Loan & mercantile agency bo. (LIMITED). , Cavitac ... ... ;C13,000,000. ~ Tire Company makes advances on stations, on. stpck,‘oh'growing clips’of wool, and on other produce ; and receives ' consignments of Avbol, hemp',’ : grain, tallow, preserved meats, leather, horns, &c., for sale in London on commission at rates which may be learned on 'application at tho company’s office. ‘:-.i .. W. H. TRAPP, ■ ; t ’ ! 1 Pro Agent, Omens AND, SI'OKES : Custom House-quay, (Next Plimmev’a Wharf).

The; Scottish and new zea- ■ ■ LAND INVESTMENT COMPANY, ; limited. ; I , ' • i Capital— £soo,ooo. This 1 Company is ■ prepared to make Advances to farmers and others on freehold’ Or leasehold properties at' the Lowest Current Rates , of Interest, and to arrange for repayment by instalments if desired. , ’’Forms and particulars may ho '.obtained' at tho Company's Head Office, Esk-street, Invercargill, or by application to the undersigned. . MUERAY, COMMON, & CO., Agents in Wellington. f N LOBE MARINE INSURANCE COM\Jf PAKY (LIMITED.) CAPITAL ... £500,000. Head Office : London. : Risks on merchandise and steamers to all parts of the world taken at lowest current ratesi ■ i; '■ : Losses promptly paid in Wellington, London, or any of the numerous agencies. i LEVIN & CO., Agents. INSURANCE COMPANY. , EIRE AND MARINE. Established 1840. . T CAPITAL ..,.;■ ...£200,000 ..Head Office : .Melbourne, Insurance of every description effected at lowest current rates, and claims promptly met. Losses can bo made payable in any part of New Zealand or the Australian colonies, e . - LEVIN & CO., Agents. rV^RANSATLANTIC EIRE INSURANCE ;Ju COMPANY OF HAMBURG.:! ’ THE above Company is prepared to accept risks in town and country at lowest current rates. WHITTEM, NICHOLSON, & CO., ■Agents.;,