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Public Notices ATHENiEUM, MEMBERS in arrears are requested to pay their subscription before the 30th INST., as no member in arrears will be allowed to vote, in accordance with Rule 14. H. F. LOGAN, Hon. Sec. TVTOTICB.-J. T. LOVE, Tinsmith, J3l Plumber, and Gasfitter, has much pleasure in announcing that, with the assistance of a few friends, he is,enabled to RESUME BUSINESS, and hopes that his. customers will have the kindne-s to forgive the little disappointment that they may have been subjected to by his late misfortune. J. T. LOVE. £25 BE W i PUBLIC NOTICE. K D. Certain maliciously-disposed persons having destroyed, defaced, and stolen saleboards, flags, and banners placed upon lands in our hands for sale and lease, this is to give notice that a REWARD of £25 will be paid _ for information that will lead to the conviction of any person or persons so offending. T. KENNEDY MACDONALD, & CO, Land Agents and Land Auctioneers. Exchange Land Offices, Wellington, 7th May, 1878. w ELLINGTON LAND AND BUILDING COMPANY (LIMITED). NOTICE.—The Call of Five Shillings per Share on the Additional Shares allotted to shareholders is now due and payable at the Offices of the Company, Panama-street. CHARLES WHITE, Secretary. Wellington, 7th May, 1878. 0 •' 1 0 E - The Partnership Business hitherto carried on by the undersigned at Greytown, as Auctioneers, ■ Commission Agents, &c., under the style of “ P. H. Wood & Co,” has this day been dissolved by mutual consent, owing to the ill-health of the undersigned, Robert McLaren. All debts due to the late firm must be paid to the undersigned, F. H. Wood, who will discharge all outstanding liabilities. < Dated this 27th day of April, 1878. r. McLaren, E. 11. WOOD. Witness— W. G. Beard, Solicitor, Greytown. With reference to the above announcement, Mr. E. H. WOOD begs to notify that the business will be carried on as heretofore under the name or style of F. H. WOOD & CO. CAUTION.— SPORTSMEN are warned AGAINST SHOOTING any imported birds (Californian quail are under the above designation); Native quail and tuis are also p-oteoted, by an Act of the General Assembly, which makes any person. ;shooting either of those birds liable to a heavy fine. Information to be given to W. T. L. Travers, Esq., or to any member of the Wellington Acolimatisation Society. Late charges hausmann’s ESTATE. All Accounts against the Estate of the late Mr. Charles Hausmann to be rendered to the undersigned before WEDNESDAY, the 15th MAY, or they will not be recognised. F. A. KEULL, ! Executor. : Prospectns The colonial insurance com- 1 PANY OF NEW ZEALAND, _ : (Registered under the Joint Stock Companies FIRE AND MARINE INSURANCE.' 1 Capital Two Millions Sterling. In 200,000 Shares of .£lO each. Ten Shillings per Share payable thereon, making £IOO,OOO Cash 1 Capital. ' r First issue, 100,000 shares. 2s. 6d,per shave, payable on application ; 2s. fid. upon allotment; and 6s. per share at call, not less j than three months after registration. Chief Offices - - Wellington j BOARD OF DIRECTORS. | - Chairman : The Hon. O. J. Phahazyn, M.L.C., Chairman [ Local Board Australian Mutual Provident Society.. Vice-Chairman ; The Hon. Randall Johnson, M.L.0., 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.0., Local Director Australian Mutual Provident j Society. , , . Walter J. Nathan, Esq., Merchant. V ; 1 Solicitors : V ■ Messrs. Brandon & Son, Wellington. General Manager : George Samuel Graham, Esq. (Now Inspector for tho Norwich Union Fire Insurance. Society, and formerly Agent for the Swiss Lloyd Marino Insurance Company, and General Agent for : the Batavia Sea and Fire 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 Forma of Application can.be. obtained, and deposits will be received. . . ; ~ The Directors each subscribed for £IOOO ■cash (being part of tho ordinary capital), prior to the formation of the Company, and have undertaken its organisation as a thoroughly Colonial institution, with headquarters in Wellington. ' ■ One-half only of the shares will be immediately • issued, and the Directors, having already apportioned a oousklerablo number. in scouring a large amount of important support, are to place the available balance in fair proportions throughout tho Colony with persons whose business or influence is calculated to he 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 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 : 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 most 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 Marine 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, via., 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 tho 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. Tho 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 bo made. .: .■ r . . The applications for shares will be considered as received, and the Lists will bo closed in each Province at the discretion of the Directors. . '-L'ht Bank of New Zealand is now prepared to receive applications for shares.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18780513.2.28.2

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXXIII, Issue 5343, 13 May 1878, Page 3

Word count
Tapeke kupu
1,164

Page 3 Advertisements Column 2 New Zealand Times, Volume XXXIII, Issue 5343, 13 May 1878, Page 3

Page 3 Advertisements Column 2 New Zealand Times, Volume XXXIII, Issue 5343, 13 May 1878, Page 3

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