Page 3 Advertisements Column 5

New Zealand Times, Volume XXXIII, Issue 5345, 15 May 1878, Page 3

OaSale /“N tjthkik and LABNAOH’S new lx ZEALAND TIMBER AND WOODware factories company (Limited.) Having established a branch at Weilington, thev are prepared to execute orders for red' black, and white pine, kauri and all kinds of native timber, either in retail quantities from the yard, or in wholesale cargoes direct from their several Bush Mills, the appliances at which mills being such as to ensure all orders being executed with care, promptitude, and despatch. Leading lines in building materials and woodwares, doors, sashes, mouldings, arehitraves, tubs, buckets, churns, cheese moulds, butter firkins, wheelwrights’ materials, ironmongery, painters’ and glaziers’ goods, and furniture of all descriptions, always in stock. Large imports of Home goods monthly. Goods now landing and to arrive ex Lencadia, Canmore, Craigmullen, Craigie Lea, and Pieione : 10.000 countess slates 350 cases galvanised corrugated iron 40 tons fencing wire 30 tons sheet lead 400 kegs R.H. wire nails 15 tons red and white lead 200 drum.- oils, turpentine, and varnishes 100 oases Chance’s glass 150 cases Belgian glass 20 cases ornamental glass 1000 casks Portland cement 20 bales paperbaiigiugs 300 packages general ironmongery . 500 boxes candles 10 frames roofing felt 25.000 feet Baltic deals. Office—Barton and Fitzherbert’s Buildings, Brandon-street. ... JOHN GRAY, Manager. 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 boarding 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. COD, LIVER OIL EMULSION (tasteless), easily given to children. Tolutine, Balsamic Cough Syrup Brown's Herbal Medicines Hooke’s Elixer and Salve Seltzogenes. Ear Trumpets " Cooper's Sheep Dip " ' Thorley’s Cattle Food. 1 large variety of NOVELTIES IN FANCY GOODS, Per City of Madras and Queen of the West* Artists’ Colors and Materials, at BABRAHD & SON’S, Lamhton-quay. X A GRANDE MAKQJE Prospectus THE COLONIAL INSURANCE COMPANY OP NEW ZEALAND, (Registered under the Joint Stock C nnpanies PIKE AND MARINE INSURANCE. Capital ... ... Two Millions Sterling. In 200,000 Shares of £lO each. Ten Shillings per Share payable thereon, making £IOO,OOO Cash Capita!. First issue, 100,000 shares. 2s. 6d, per share, payable on application ; 2s. 6d. upon allotment ; and ss. per share at call, not less than three mouths after registration. Chief Offices - - Wellington BOARD OP DIRECTORS. Chairman : The Hon. C. J. Pharazvn, 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. Brandon, Esq., M.H.R., Local Director Australian Mutual Provident Society. E. W. Mills, Esq., Merchant. The Hon. M. S. Grace, M.L.C., Local Director Australian Mutual Provident Society. Walter J. Nathan, Esq.,. Merchant. Solicitors : - Messrs. Brandon & Son, Wellington. General Manager ; George Sam del Graham, Esq. (Now Inspector for the Norwich Union Fire Inatirar.co Society, and formerly Agent for the -Swiss Lloyd Mari< e Insurance Company, and General Agent for the Batavia Sea and Fire I. soranoe Company.) Bankers : The Bank of New Zealand. Secretary ; For-organisation (and - subsequently agent for .i 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. r 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. One-half only of the shares will be irnmediately 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 whose business or influence is calculated to be valuable to tbs 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 Assurance Association existing, and, after long consideration, the Board are satisfied that the present proposal comprehends the moat 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 propoial, 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 tbs 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 beeuuniformly successful, and-the rapid progress of I 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 Rrovince at the discretion of the Dixeotors. , . The Bank of New Zealand ts now. prepared to receive applications for shai cs. FOR’ SALE, afßdfdngh-bred Poodle DGG-. Apply, New Zealand Tens Office,