TARANAKI FARMERS' MUTUAL INSURANCE.
We are indebted in Mr K. Maxwell [or (he following figures cunccpiini;" the work of the Taranaki Mulua' Kite Insurance. The aifunu of business negotiated up to last numiii was and /Ji-kooo aas been wriUen >ince then. By cancelations, transfeis, etc., ,£2170 has bee.n written off, leaving tiv total cover issued to zoili September ,£119,684. Business on hand totals Ji-7 n 5.- 'jn'.l re-»nsurance reprisals j£34Ss> making' a" grand total of /Jl-3i!jO. The statement ot accounts at dale show:—Cash qn fixed deposit /'()0, cash in bank i2/_\ pre iliiums outstanding' ,/"-5 3/6, tola 1 /Jj')4 aga'nsi this sum are account, ameunlitig- to ,£4l) <) 7. leaving a credit of ,£345 (j , 011 tti,- work ing iiccount. Assets: Premium notes, say, /T67|ti; cash. £345 6/1, /;<»si« »>;I. I lie Fanners' Mutual is doing as we'l as its rimsl ardent advocates ever expected, and the l'esn is so far slvm I i:H the Taranaki fanners appreciate iiic e;ule:-v nr c.f tin' leaders of the Farmers' Cni-m to secure for the cec.n'ry dweller iosnrance ai a low rate. Ti»e conduct of the concern is now 011 a sound commercial basis.
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https://paperspast.natlib.govt.nz/newspapers/TDN19060922.2.11
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Taranaki Daily News, Volume XLVII, Issue 81849, 22 September 1906, Page 2
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190TARANAKI FARMERS' MUTUAL INSURANCE. Taranaki Daily News, Volume XLVII, Issue 81849, 22 September 1906, Page 2
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