Page 3 Advertisements Column 4

Poverty Bay Standard, Volume I, Issue 88, 17 September 1873, Page 3

pBOSPECTUS OF THE NATIONAL FIRE AND MARINE IN. BURANCE COMPANY OF NEW ZEALAND. To be incorporated under the provieione of the Joint Stock Companiee Acte. Capital— £l,ooo,ooo; in 100,000 Shares, of £lO each, With Unlimited liability of Shareholders. Five shillings per share payable on application, five shUlings on allotment, and ten shillings in four calls of two shillings and sixpence at intervals of three months. FBOVISIONAL DIBECTOBS: G. Gray Russell, Esq., (Messrs G. Gray Russell & Co.), Dunedin J. L. Butterworth, Esq., (Messrs Butterworth Brothers), Dunedin John Cargill, Esq., (Messrs Cargills & Maclean), Dunedin Richard Oliver, Esq., M.P.C., (Messrs Oliver & Ulph), Dunedin Evan Prosser, Esq., (Messrs Kempthome, Prosser & Co.), Dunedin James Smith, Esq., (Messrs Smith & Anderson), Dunedin Henry Driver, Esq., M.P.C., (Messrs Driver, Stewart & Co ), Dunedin Robert Wilson, Esq., (Messrt R. Wilson & Co.), Dunedin Alexander Burt, Esq., (Messrs A. and T. Burt), Dunedin G.C. Matheson,Esq., (MessrsMatheson Brothers), Dunedin Robert A. (Messrs Heymanson, Low & Co.), Dtinedin Charles S. Reeves, Esq., (Messrs Reeves & Co.), Dunedin C. R. Howden, Esq., (The New Zealand Distillery Company), Dunedin James Scoular, Esq., (Messrs W. and J. Scoular), Dunedin Walter Guthrie, Esq., (Messrs Guthrie & Asher), Dunedin W. J. M. Larnach, Esq., (Banker), Dunedin David Proudfoot, Esq., (Contractor), Dunedin Keith Ramsay, Esq., (Shipping Agent), Dunedin John Edmond, Esq, (Ship Chandler), Dunedin James Mills, Esq., (Harbor Steam Company) James T. Mackerras, Esq., (Messrs J. T. Mackerras & Co.) J. Smith, Esq., (Messrs Bing, Harris & Co.) L. Thoneman, Esq., (Messrs Lang & Thoneman.) James Marshall, Esq., (Messrs Marshall & Copeland) Captain William Baldwin, Dunedin BANKEBS : The National Bank op New Zealand. solicitous : Messes. Smith & Anderson. INTERIM SECBETABY : Mb. R. H. Leabv. There is no branch of commercial enterprise in New Zealand which presents such a favorable opening for the investment of capital as that of Fire and Marine Insurance. The success which has attended the establishment of the New Zealand and South British Companies is proof of this. The Business of Fire and Marine Insurance is so rapidly increasing that there is ample room for another Company in this colony. Largely increased facilities for covering this class of risk are imperatively required, and the National Insurance Company is founded to supply this want. This Company is not started in opposition to any of the other New Zealand Companies, but is intended to co-operate with them in fostering the trade and commerce of the colony, and concentrating in the country the large capital which is annually drafted out of it by foreign Insurance Companies. In order to make this a purely Colonial Company, and to ensure a large amount of business through the influence of its shareholders, it is proposed lo distribute the shares over the whole colony, and in their allotment, to keep in view the ability of shareholders to influence business to the Company. Sixty thousand Shares will be reserved for the Northern Provinces. The operations of this Company will be conducted on sound principles, and extreme caution will be exercised in the selection of risks. It is intended that the Articles of Association shall provide for the election of Local Boards of Directors of shareholders in the chief centres of the colony. The amount proposed to be called up, will, it is estimated, be a sufficient paid-up capital to warrant the Company in commencing operations, and it is not anticipated that any further call will be necessary. The Provisional Directors have secured the services of Mr. A. Hill Jack, the present Resident Secretary of the Victorian Insurance Company in New Zealand, as General manager of this Company. .Prospectus and Application Forms, together with all information may be obtained from the undersigned, by whom applications for shares will be received. Applications numbered as received. „ GRAHAM 4 CO., Gisborne, Sept. 12. Agents. FOR SALE. 300 ASSORTED PINES of fine growth 10 Dozen assorted Flowering Shrubs Fruit Trees, Flowers, and Seeds All of the Best Kinds. Gisbobne Nubseby, Rtyeb Bank.