Page 8 Advertisements Column 5

Otago Daily Times, Issue 316, 24 December 1862, Page 8

Paftlic Companies.. j "XTORTHERN " ASSURANCE COMPANY" ** r Cap!tal~^X,2s9,T6o.' ; , ,invested rCapital~£4o4^9. - } ! FTRE INSURANCES effected^at^tbe,current rates, and proposals made to the Agents will be concluded without any reference or delay whatever. - ~ ' LIFE INSURANCES effected at'reduced rates'ot premium. Superintendent for Australia, • ,' • ; ■ JAMES RATTRAY, Melbourne. Agents for Otago, , ' \ A. L. THOMSON and CO, : 1 Stafford-street, " < Dnnedin. AUSTRALASIAN INSURANCE COMPANY MARINE BRANCH. "' . mHE UNDERSIGNED having *been appointied X Agents for the'; Ports" ofOtagd,' are' -prepared to take maritime risks^Coastwise, and to and from the British Colonies aiid Great Britain. ! ! On Gold, by cla^ steamer toY ' ; I I ' Melbourne and Sydney I ... ■J j On Gold -by Al: vesseT to Great A*:*wesfc J Britain ■ • •'-■■'■ '■•■'.-■-<■• :■: H v. v;. ,I - ] I On Wool by first class vessel to p^^LP^ 8 . Melbourne ... On Wool by Al vessel to Great MOfPrem""a .. .Britain ' - ; JT. &G. TURNBULL&CO., i Dunedin. July 11,1862., | THE LIVERPOOL AND LONDON FIRB AND . LIFE INSURANCE COMPANY! :'- i Empowered tiy Acts of' Parliament. Established in 1836. Having a Colonial-Proprietary; and the following .Board Qf Directors ,in.\ Sydney :— J. S. Willis, Esq., Chairman. Hon. G. K. Holden, Esq., M.L.C. ; J. B Watt, Esq. M.L.C. ' Hon. E. D- Thomson, Esq., A C.B., M.L. C. . ,B. Buchanan, Esq. \ Edward Knox, Esq. • [ Offices—Margaret-street, Wynwai'd-square. ' .Resident Secretary—A. Stanger Leathes. • Capital subscribed exceeding.............. £1,880,000 Accumulated Funds and Capital paid up • exceeding..........:...-......* 1,156,000 Of which £200,000 are invested in the i Colonies, in Government and other .; Securities. Reserve.SurplusFund £215,000, with un- i limited liability ot the Shareholders. ■ THE UNDERSIGNED has been appointed Agent for Otago and Southland and is authorised to receive applications for Insurance in both the Fire and Life Departments, which will be dealt wiih by the Directors in Sydney, upon terms as liberal as those of any other office. . s Medical Referee —Heiirt Nelson, M.D. j All Claims are settled in the Golonyi. - ; Tables of Rates for Fire and Life Ihsuranoe in all its Branches, and every information, can be obtained from i GEO. S. BRODRICK, ! 1, Mercer's Buildings, Princes-street.; Agent for the Company.: N.B.—Applications from Southland will be received through Messrs. T. J. White and Co., Inveircargill, and Messrs. Surman and Crerar.'Riyerton, from whom Forms of Application and Tables of Rates can he obtained. T> R OS P E C T U S . THE DUNEDIN WATER WORKS COMPANY. Limited Liability. To be Incorporated under the "Joint' Stock Company's Ace." Cawtal.. £30,000, In 6,000 Shares of £5 each, with power to increase the Capital. A Preliminary Deposit of 10s. per share, payable to the credit of the Company's account with tbe Bank of New Zealand, upon application for shares. A farther payment of 10s. per share, payable on allotment. . And all subsequent calls to be made at the rate of £1 per share, at intervals of at least two months. Provisional Directors : John Hyde Harris, Esq., Deputy-Superintendent. A. Chethain Strode, Esq.. Resident Magistrate. W. H.'Cutten, Esq., Chief Commissioner of Crown Lands. Thomas Dick, Esq.,. Provincial Secretary. E. B. Cargill, Esq., Merchant. F. J. Alderson, Esq., Merchant. W. H. Reynolds, Esq., Merchant. James Patersoiij Esq., Merchant. James Jones, Esq., Merchant, John Cargill, Esq., Merchant Henry Driver, Esq., Merchant. (With power to add to their number.) Consulting Engineer: J. T. Thompson, Esq., Chief Surveyor. Solicitor: - J. A. J. MacGregor,Esq. Secretary: A. G. M'Combe, Esq. Bankers: Bank of New Zealand. • \ An ample supply of pure water for the use of the inhabitants of. Dunedin is daily becoming a matter of urgent necessity j and as the increasing prosperity of the Otago gold fields justifies the auiicipation of a -large and rapid-increase in the population of "the town, this necessity'assumes an importance" which cannot be exaggerated. . , . ; The streams of water which ran through the'town; and which were once sufficient and suitable for all requirements, are now no longer capable of afford-r ing, nor is it desh-able to.rely upon those sources for, a supply of this essential element of health and'cleanliness. Any undertaking which shall not provide-largely for the present and future wants of this rising city will, in the opinion of the proiaoters of this company be unworthy of support, and it W with a view to the fulfilment of this object that they have decided upon availing themselves of the best pf several sources of supply which are practically, inexhaustible, and in which no engineering difficulties present themselves^ In order to secure the advantages- of the advictj and Suggestions of the most practical and experienced .engineers and scientific men hi the Province, the prompters have determined to offer a suitable premium ibr the best devised scheme for supplying the town and suburbs Avith a never-failing and poweis i'ul supplyo£pure andwhblesomewater.. , , \ tContractors Oi" known-ability and experience dre prepared to undeiiake'and proceed with, the works as . soonaspractidable.. 'r. ; ; !\'z ?'i-'t *■' ' • *■ • vlfc is proposed: that the eapjt^shalKbe^O,ooo iv 6,000 shares of £5 each, with power/to increase the -capital.- -A preliminary depos't of 10s per share to be paid to the credit of the. Company's account with the Bank of New Zealand, upon application for shares; aifartheir payment oWQs per share/on <allotment-; and the subsequent calls to, be made at the rate, ofj£ I per share, and at intervals of not less than two months. ',' '.'.'". . , v; ■ ■■ The Company will be incorporated under the "Joint Stock Companies Act,", and be conducted by aßoard of, Directors to be elected at the .first general meeting of the shareholders in terms of said Act. , ..The qualification for voting at such), first general shall be the payment of, : £l per^ share, and ; sharehoJdere holding twenty-five ; shures shall be eligible to serve on th,e Board of \Ym cfori*;.; v \ .. \ .The promoters considering that the working classes and small householders are peculiarly interested in} and will receive great and lasting benefit from this project, anticipate that every such inhabitant of the Town will consider it his duty to at once enrol .himself as a shareholder in the Compaßy. - - ' As a medium for the investment of Capital, no reasonable doubt can be entertained of the success or remunerative obaracter of the scheme." In England, in Scotland, and in the adjacent colonies, similar undertakings have Droved most profitable to the shareholdeis, and in a sanatory and pecuniary point of view the advantages which the inhabitants of Dunedin will derive from a superabundant supply of pure water cannot be estimated till actually within the reach of every individual in the single item of Insurance which now can only in certain circumstances be effected,1 and at a ruinou* rate, it will benefit the owners of property by a reduction of present rates of premium from 90s and 55s per cent to about 10s and 5s per* cent. In consequence of a simii Jar undertaking having been introduced into Me <• bourne, an extensive fire there is now almost an in possibility, wjiile during the period "that Melbourne ■Mras without its present ample supply of water^jthe lossof property by fire amounted *to a. much, larger sum than would have constructed several water-works of immense magnitude, and t if immediate steps" are noi • • taken to prevent such a calamity as an extensive fire in this thickly populated town, it may devastate more property in one night than the, entire capital of the Company now about to be established. In these respects it is impossible to estimate the value of the works which if is desTgldedTto* construct ' - here; but apart therefrom, and on sanatory and economical, considerations, it^ is bejieved. that an ample , .supply of pure water permeating the townls of, suflU '' eient ursrency'aruT imporJance'toinduce ifia Govern- ' xnent and the public most heartily to~*»uj>port lttnis undertaking. r ' — *'*? * > Application for "Shares' will be received at«futur?' d*te, of which, due notice will tot given* ; 1