Page 4 Advertisements Column 6

New Zealand Times, Volume XXXIII, Issue 5337, 6 May 1878, Page 4

On Sale A GRANDE MARQUE. Received per benvbnue and GAINS 30R0 UGH—--60 packages china, glass, and earthenware 15 do lampware 4 oases sewing machines LANDING PER LORD OF THE ISLES—--77 packages china, glass, and earthenware 12 do cutlery, plated goods, and general furnishing' ironmongery 3 hhds register grates TO ARRIVE PER CANMORE—--80 packages china, glass, and earthenware EDWARD ANDERSON, Willis-street. ON SALE AT THE CITY STEAM ,SASH & DOOR FACTORY--Baltic deals, cedar and mottled kauri Kauri and totara sashes, all sizes Kauri, red pine, and totara doors Architraves, mouldings, skirtings, and cornice mouldings, all sizes Flooring, lining and rusticated hoarding Greenhouse lights Sashes and doors, made to any size on the shortest notice. All kinds of turnery kept in stock. Glass—Rolled plate, ground, ornamental, and colored. Country orders punctually attended to. WADDELL, M'LEOD, & WEIR, Timber Merchants, Johnston, Featherston, and Waring Taylor streets, Wellington.^ & G. TURNBULL & GO., Having been appointed agents for Bisquit, Dubouohe, and Co.’s celebrated Brandy, HAVE ON SALE--600 cases oue-star brandy 150 cases four-star do 370 cases flask do 600 cases half-flask do 150 oases half-flask do, with cups 175 cases flask do, with cups , 5 cases decanters do 130 cases crystal barrels do 220 oases crystal vats do 10 qr-casks dark do 40 qr-casks pale do. Also, to arrive per Leucadia — 62 qr-oasks pale brandy. TO PARTIES IN WANT OF SMALL DRAFTS OF SHEEP. FOR SALE, At the Lyells Bay Station, Evans Bay, 750 good LONG-WOOLLED SHEEP of mixed ages, Wethers, Ewes, Hoggetts, and Lambs. They will be sold in lots to suit buyers, and purchasers are requested to apply early, as the Sheep will be taken up the Coast if not sold. Apply to BETHUNE & HUNTER, Exchange Buildings; ■ ' or to, Mr. DAVID SUTHERLAND, Adelaide Road. Wellington; 29th April, 1878. Prospectus THE COLONIAL INSURANCE COMPANY OF NEW ZEALAND, (Registered under the Joint Stock Companies FIRE AND MARINE INSURANCE. Capital ... Two Millions Sterling. In 200,000 Shares of £lO each. Ten Shillings per Share payable thereon, making £IOO,OOO Cash Capital. First issue, 100,000 shares. 2a. 6d, per share, payable on application ; 2s. 6d. upon allotment ; and ss. per share at call, not less than three months after registration. Chief Offices - - Wellington BOARD OF DIRECTORS. Chairman : The Hon. O. J. Phaeazyn, M.L.C., 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. Brandqn, Esq., M.H.R., Local Director Australian Mutual Provident Society. E. W. Mills, Esq., Merchant. The Hon. M. S. Grace, M.L.C., Local Direc.fnv A.URfvrn.ll«i* Islutuul ~ HPx-o-vXdbiiC Society. Walter J. Nathan, Esq., Merchant. Solicitors : Messrs. Brandon & Son, Wellington. General Manager : George Samuel Graham, Esq. (Now Inspector for the Norwich Union Fir© Insurance Society, and General Manager of the, Batavia and Swiss Lloyd’s Marine Insurance Company.) , Bankers : The Bank of New Zealand. Secretary ; For organisation (and subsequently agent for Canterbury), Mr. Fredk. E. A. Graham. , Copies of the'Memorandum and Articles of Association can be . seen at: the Office of the Company, and at any of the Branches of the Bank of New Zealand, where Forms of Application can be obtained, and deposits will be received, v. The Directors each subscribed for £IOOO cash (being part. of the ordinary capital), prior to the formation of the Company, and have undertaken' its organisation as a thoroughly Colonial institution, ; with 1 headquarters iu. Wellington. ■ One-half only of: the shares will he immediately' issued, .and-the -Directors, having already apportioned a considerable number in securing a largo amount of important support, are prepared to place the 1 available, balance, in ' fair proportions throughout; the: Colony with persons whose business or influence is calculated to be valuable to the Company in the mutual interests of all concerned. : The Company being thus possessed of strong insurance support, and being able to offer the public the guarantee of ample cash capital, with thorough security, will commence business, the whole of the remaining 100,000 shares being reserved for allotment in successive issues to'actual insurers-with the Com- ' pany, under the. provisions of the Articles of Association, in" proportion to the insurance premiums paid by them. The proportion of shares for, issue,: compared to the amount of pounds'sterling ,of insurance premiums paid, will be declared from time to time at the discretion of the Directors, so as to offer a continuous inducement to insurers to join the Company. : ' : Several of the directors have had experience of the great advantage of mutuality .in connection with the moat successful Life Association Assurance 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 Marino business. ; The Directors are fully alive to the importance of considering in the first allotment the great body of small insurers, and they have also determined, notwithstanding any pressure; upon maintaining the, chief point of their proposal, viz., that they will keep in hand the whole of : the remaining 100,000 shares for future allotment to actual insurers upon the definite and,. equitable basis' above stated, which places , all , ranks of insurers upon an equal footing. The Directors have therefore calculated ; upon the following , results, viz : That the method of fixing the capital will attach a large amount of business, and that the Company will have the sympathies : of the public, ns a colonial institution, open to all insurers upon, a mutual principle, and yet backed by large capital, security,"and business. The Companies hitherto, formed have been mliformly successful, and the rapid progress of tlio.Colony fully warrants the foundation of a Similar institution in its Capital City. ' The rates and general terms of business of the Company will be similar to whatever may bo current from time to:time; as the insured will be enabled to participate as nearly ns possible in proportion to the profits derivable therefrom; It is not anticipated that any further calls will bo made. ' •• ; The applications for shares will be considered as'received, ■ and the Lists will be closed in eabh Province at the discretion of the Directors. i■ 1 ■ ■ ' The Bank of . New Zealand h now pared to receive applications for shares. Imperial fire insurance ; ' , ’ OOMPANT. • Established 1803... CAPITAL ... , ... £1,600,000. pppiire. risks of all classes in town and country accepted at 1 Lowest Current Ratos. Prompt, and liberal 1 settlement of claim. _ . J J KRULL & CO,, Agents,