Page 3 Advertisements Column 2

New Zealand Times, Volume XXXIII, Issue 5349, 20 May 1878, Page 3

Meetings - diieFs ci i«b '.'ire 1 requested'to 'at!'eit;l Tins (MO WAY) EVENING, at tho.Ulubrpi.m, Panama Chambers, when arrangements willbo made for the forthcoming matches. is I f'i i;”*' epwd. huli.ett, ■:r i pi.'-I (Pile TKIHM- Hon. See. Prospectus rpni'l COLONIAL INSURANCE COMX - PANY OF NEW ZEALAND, (Registered under the Joint Stock Companies - -Acts),- for : < ■ El LIE AND: MARINE INSURANCE. Capital ■ .Two Millions Steeling. - ‘Xu 200,000 Shares of £lO .eaclye Ten Shillings peiViShavo payable> thereon, ■ 1 making £l6o,oo6'Cash Capital.": * ' First, issue, 100,000 shares. ;f;2s. Cel, per share, payable on application ;v2s. 6.1. upon, allotment; and 53.-. per share at-call,"hot.,lpss ‘ -than ‘three months after registration.’'' 1,1 " ’ * l-.J. Chief Offices,,, ■( ; ..-.-Wellington, . (> BOARD OF DIRECTORS. ; ‘ ■ .vr Chairman v : u ■ • 1 The'Hon. O. J. Piiarazvn) M.L:C;, .Chairman .. Local-Board Australian -Mutual 'Provident !/.Society. 1 A V-Nil'■ '..‘hi'- ,i j Vice-Chairman : : 1 The. lion. Randall Johnson*,M.L.C., Managing Northern Land and'Loan Company. i - ' L Jacob Joseph, Esq., Merchant, 1 ! A. raj. Bean don,-Esq., M.H.R., Local Director Australian .o ‘Mutual : Provident Society. r ! .. . E. W.. Mills, Esq., Merchant.. The n Hon. M. S. Grace, ' M.L.C., Local Director Australian Mutual'' Provident Society. . . . . . "1, . ; ' ‘ Walter J: Nathan, Esq.,’Merchant; Solicitors .;! , j Messrs. Brandon & Son,-.Wellington. General, Manager : . ; George Samuel .Graham, Esq. TNo'w.lnspector,for tlieNorwichTJnioa li'irolnsurance , anU/X^i4^X'*' l <A^ ell jk '"for the, Swiss Lloyd;! Marina ‘lhßurftnce i Company; and General Agent for .the Batavia Soa ami Fire 'lnsnvaucc Company.) ! UVO.M./. -•’ tßankers : j! •; 1 i !;j The Bank (it'New Zealand. Secretary-: ; • For organisation (and. subsequently ,agent for ;. i d ‘ ‘ •••'« --Canterbury), Mr. FuiiDii. B. A. Gkaham, ; Copies of the. Memorandum and Articles of. Association can’ be seen, at the Office of the 1 ' Company, and at any of the. Branches of tlie Bank of Now Zealand, where,Forms,of Appli-' cation can be obtained, and deposits! will be received. . -- • • The;Directorsi each Nsdbscrihed:, for £IOOO cash (being part of the ordinary capital), prior -to the formation ;p£ the Company, and, have -'undertaken* its' ‘organisation, as. ,a ; thoroughly Colonial institution, with ' headquarters'in Wellington... J .. ■ > •A One-half -only of the shares, vyill be iranie;. diately issued, and the Directors, : having already apportioned a; considerable number in, seduriug a large amount of important support, are prepared to place the available balance in tail! propvrtiojis;- throughout! IbeJColppy,- with persons whose busiucss’-iol- inilueucous calcu-Jatcd-.tQ be,valuable to tb fi (Company in, the . imutuallnterests-'otiallconceined.:"!, f- 1 j

The Company being thus possessed of strong .insurance' support; and being able to offer the public the guarantee of ' ample’ cash 'capital, 1 with thorough security, will comnlence business;the whole of,', the , remaining 100,000 ■shares' being reserved for allotment in successive issues to actual insurers with the Company,. under htlio provisions, ;,of', the Articles foP Association,' in proportion to tile - iiii-urance premiums .paid. by. them. - The proportion of ,shares -for issue; beorapared- toi the amount;,of. ; pounds sterling of insurance premiums paid,' will bo deolared froin time ) t.p' I time;'at the dis;cretiOn;ofuth’e;Dirb6t6rsgso' asr a continuous inducement to insurers to join the Company, p. . jg- ; Several of tlie ! directors have bad experience, : outlie great advantage of.mutuality in con■uectipnAyith'. the. most: successful "Life Assut; ahee* Association existing, ami, aftpr long .con-, sideratiqn, the BoarcLare..satisfied • that ‘ the present prppgaq.l comprehends ;the'most pracy, ftieal, embodiment,of ; that- principle applicable., to Piro and Marinebusinesspc: ecu The Directors are fully alive to the iinport--ahce_of.consideiing- in - tire first-allotment the • groat;! body, of small! insurers, and they ' have also determined, notwithstanding any pressure,,, upon maintaining the chief 'point of their pro-;, pcsal, via,, that-they will keep in hahd the wholq ;i i,nf;;tlic: remainiDgc 100,000. shares for future allotment to ; actual .insurers definite and equitable basis above stated;.., which .places/ali-CraUlcs.lof.h'nsurorscupou au , equal,fo.oting.i The; Directors -'have r thorefpr<s.r calculated upon the ufollowihg results; viz: That the method of fixing. the,,capital will;. : attach a large arabuut pf business,‘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, ''secudty, and business. ii The i Goiiipahies bithertb' forrabd.baye been . {inifOrMly Slic'oossful, KhiVtlip.rapid progresj.pf the Colony fully warrants the, foundation of a similar institution in its Capital City. I The -rates and general terms of business of the ppm,: pony will be similar to whatever may .bo cur- ' rent from time to‘time,’aS’'the' insured will bo enabled to participate'as nearly as..po3siblo .in proportion tu’ lhe profits derivable therefrom., It is not anticipated that any farther cavils,, will be made. The applications for shares will. be considered.' as received, and’tbo lusts will bo closed in each Province at the discretion of the Directors. * , i f The Banh of New. Zealand., is nowiiifcpared to'receive applications for shares. Public Notices , 7TVTATIONAL . PIKE AND MARINE INSURANCE COMPANY OP NEW - ZEALAND. , Dividend warrants for half-year ending: 31st March, r IB7B, 'are how obtainable at the Com ; pony’s offices, corner of Panama and .Poatherston streets. B, BRUCE WALLACE, Manager, ! .. , Wellington Branch, 20th May, 1878. | X.1C ELIN GT O N ATHEKAUM. MEMBERS intarrears are requested to pay their subscription before the 30th INST., as no member in arrears wiJl bo allowed to vote, in ■accordance With!BuleJlß H. F. LOGAN, , , , , r .- Hon. Sec. > .£2.5,: R E W A PUBLIC NOTICE. 11 ’D. Certain maliciously-disposed persons having destroyed,, defaced, and stolon saleboards, flags;, and banners placed rtport lands in cur hands for sale and lease, this is to give notice that-a .REWARD of £25 will be, paid_ for-informa-tion' that will lead to the conviction of any ,person or.persons so offending.. 1 1. .h.i'j.- i T. KENNEDY MACDONALD, & CO, .Land; "«Agekts ' and Land Aectioneeks. Exchange Laud Offices, . ; !. j! WellingtonV 7th 1 May,; 1878. " ~ , . /CAUTION.—SPORTSMEN .are warned \J AGAINST SHOOTING; auy.impor.ted birds, (Calithrman - quail faro under the above designation). Native quail and tuis are also protected by an Act of the General* Assembly, which makes any person shooting eitherj of thpaegbirds j liable.! to; mheavy fine.; Information to bo given to W. T, IJ. Travers, Esq., or. .to, any member of the Wellington Acclimatisation Society. t Properties for Sale , : fTIOR SALE, that valuable Section of Land JT ‘ situatedniu ’ WilUsistroot, 1 immediately opposite St. John’s Presbyterian Church, having a frontage of about 60ft. with a depth of about 66ft. , The above can ho sold in two lots of each 30ft. frontage, or in one line, as purchasers may desire. Terms easy. ■ f ...Apply to ■ >■ OHAS. IT. ELLABY, Land and Estate Agent, Wellington.. FARM SECTIONS IN THE MUNGAROA VALLEY, UPPER HUTT, FOR SALE on DEFERRED, PAYMENTS. THE Unsold Sections of 50 acres and up-' wards are for Sale, at £3 per acre, upon 1 deferred payments. .. . i .'...Flans and: particulars to be ; soon ; at tho office .of . ■ . J. 11. WALLACE, ; ’ a''’“Estate Agent, ! ." f " Hunter stre'et.