As illustrating the progress of the Australian Mutual Provident Society, we copy the following from the Melbourne Argus of 15th December, 1871 :— " The following has been sent to us as an example of the advantages of the ' mutual ' system of life assurance. The late Rev. George Mackie insured his life 18 years ago in the Australian Mutual Provident Society for £L,OOO. The policies are now worth £1,518 17s 2d — i.e., the following bonuses have been added to them, viz. : — In 1859, £82 10s 5d ; 1861, £183 10s sd ; 1869, £222 16s 4d ; 1870-71, £30 ; total, £518 17 2d, being considerably in excess of the premiums paid by him, which amounted to £395 2a." " What do you know of the character of this man ?" was asked of a witness at the police court the other day. — " What do I know of his character ? I know it to be unbleachable, yer honor."
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Southland Times, Issue 1540, 20 February 1872, Page 3
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150Untitled Southland Times, Issue 1540, 20 February 1872, Page 3
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