Page 4 Advertisements Column 4

New Zealand Times, Volume XXXIII, Issue 5338, 7 May 1878, Page 4

■Prospectus The colonial insurance company OF NEW ZEALAND, (Registered under the Joint Stock Companies ■■ Acts), for : ' FIRE AND MARINE INSURANCE. Capitol ... ... Two Millions; Sterling. 1n.200,000, Shares of -GlO each. Ten Shillings per; Share payable thereon, , making £IOO,OOO Cash Capital, First issue, 100,000,shares. 2s. GO, per share, payable oh application ; . £s. 6d. upon allotment ; and’ ss. per share at; call, not Jess than three months after registration. Chief Offices . - - .Wellington;! BOARD OF DIRECTORS. Chaiuman : The Hon. O. J. Fharazyn, M.T..C., Chairman Local Board Australian Mutual Provident Society. ' - Vice-Chairman : The : Hon. Randall Johnson, M.L.0., Managing Director Northern Land and Loan Company. j Jacob Joseph, Esq., Merchant. : -- i ■ A. DB B. Brandon, Esq., M.H.R., Local. -, Director Australian .Mutual Provident Society. : E. W. Mills, Esq., Merchant. ■ i The Hon. M. S. Grace, M.L.C., Local Director Australian Mutual Provident t ■■> ... Society. i Walter J. Nathan, Esq., Merchant. . | i Solicitors : i I ; Messrs. Brandon & Son,’Wellington. General Manager : George 1 , Samuel Graham, Esq. (Now Inspector lor the Norwich Union Fire Insurance Society, and formerly Agent for the Swiss Lloyd Marine Insurance Company, and G eneral Agent for the Batavia Sea aud Fire Insurance Company.) - ■ Bankers : The Bank op New Zkaland. ’ ■■ -. Secretary: ■ , For organisation’. (and subsequently agent for- • Canterbury), Mr. Fbedk. E. A'. Graham. . ■i ! Copies of the Memorandum and Articles of Association can be. seen, at. the Office,of-the Company, and at any of .tile Branches of the Bank of New Zealand, where Forms of Application can-be obtained, and deposits will be. “received ;1 . 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 headquarters in Wellington. , , ■ Ono half only of the shares will be immediately issued, and the ..Directors, having already,apportioned a considerable number in securing a large amount of important support) are prepared to place the available, balance in fair proportions .throughout the Colony with persons whoso business or influence is- calculated to be .valuable, to the Company in tho mutual interests of all concerned... ~, i The Company being, thus possessed of strong insurance support, and beipg able to offer the public'the guarantee,,of ample cash ;capital, with, 1 thorough soburiiy, wil) commence, busi-’ "ness, tlie. whole of the ’remaining.', 100,000’ shares 1 beirig J ,yesef;ved for,.allotment inspccesfeive issues; to' iietual, insurers with, the , Company, 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 die-’ crction of the Directors, so as to offer a conHinuoiis inducement to insurers to. join the Company. Several of the directors have had experience of the great advantage of mutuality in connection with the mbst successful Life Agsocia-, tioh Assurance'existing, and, after long con-’ sideration, the Board 1 are satisfied that the; present proposal comprehends the most prac-tical-embodiment of that principle applicable to Fire and Marine business. The Directors are fully alive to the iraport- . ance of considering in the first allotment the greatf body of small insurers, and they have' also determined, notwithstanding any pressure, upon- maintaining the chief point of their pro-' posal, 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. 1 The Directors have therefore calculated upon the following results, viz : That the method of fixing tho_- capital will attach a large amount of Busln'eso, and that the Company - will- have the sympathies of the public as 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 uniformly successful, and the rapid progress of the 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 be current from time to time, as the insured will be enabled to participate as nearly as possible in proportion to the profits derivable therefrom. It is not anticipated that any further calls will be made. ~: The applications for shares will be considered as received, : and the Lists will be closed in each Province at the discretion of the Directors. ■ - - 1 ; . / “ “ ‘ The Batik of New Zealand is now prepared to receive applications for shares, i

Electoral Notices ELECTORAL DISTRICTS OR CITY OR WELLINGTON,..WELLINGTON COUNTRY DISTRICT,- THE HUTT, , WATRARAPA,, MANAWATU,- RAN: . GITIKEI, AND WANGANUI.'. ! NOTICE ia hereby given that Courts will be held for revising the List of Voters— For the Electoral District; of the City of Wellington rind the Wellington country; disj triot, on Friday and Saturday, the 17th : and 18th May, 1878; at 10 o’clock in the forenoon,; at the Athenaeum Hall, Lambtou-quay, city 'of Wellington; . I'-; . i . | , For the Electoral District of the Hutt, oh Monday, the 20th May, 1878, at ill o’clock in: the forenoon, at the:: Mechanics! Institute, Lower Hutt; . . : : i ,For the Electoral District of Wairarapa, on| Wednesday, the 22nd.; May, 1878, at 10 o’clock in, the forenoon, at the Resident.; Magistrates’ Court-house, Grey town; vrfv ,., ; ,. . ' • For the Electoral District of Manawatu,' on: Saturday, the 25th May, 1878, at 11 o’clock in' the forenoon;-"at the Resident Magistrate’s: Court-hoUse,Foxtdn;' ,J 1 ■ ;! ; For the Electoral District of Rangitikei, on Monday,’the 27th May, 1878, at 11 o’clock in i the: forenoon;, at '• the Resident Magistrate’s ; Court.house,: Martdn;" ■' ; ( - i . . ’ For i the Electoral District of Wanganui, on ; Wednesday, the 20th May, 1878, nt 10 o’clock in tho forenoon, at the Supremo Court-house, Wanganui, l ; iAt which' the claims of persona objected to will he determined ( •The names of persons proved to bo dead will he expunged; : ■ The names of any persons whose ; Christian names; or place of abode, or the nature of whose qualification shall be wholly omitted where by law required to he ‘specified on the list, or whose place of abode, or the nature or description of whose qualification are insufficiently described for the purpose of being identified, will be expunged, uml Css' the matter so omitted, or insufficiently, described, bo supplied to the satisfaction of the Revising Officer before he shall have completed the revision of such list of voters. • 1 - HENRY S. FITZHERBBRT, ■ * Revising Officer. Wellington, 2nd May, 1878, Muslo CN. EO. REICH AR D T ’i3 A PIANOFORTK AND MtJSIO WAREHOUSE. PIANOS FROM THE FACTORIES OF—KIRKMAN AND SON BRINSMEAD AND SON ■ kaps G AND sp angenberg ROLOFF ; , And other Celebrated . Maker ;t prices varying from Fifty to Eighty : Guineas, sold for Cash at only 10 per cent, above London Prices, or oh the Deferred-Payment System nt a small advance on the above quotations. ! • A; - Large, Assortment of VOCAL AND INSTRUMENTAL MUSIC 5H t 0 * nd Margaret Galbraith,. CHAPPELL’S BOOSES’S MUSICAL ■'“’CABINET, 1 price—one shilling. All. Sheet Music at Halt Price. : NOVELTIES. NOVELTIES GEO. REIOHARDTS PIANOFORTE & MUSIC WAREHOUSE .. i,i ; Lambtoh-quav, Adjoining Mr. , James’s Furniture Warehouse