THE Evening Star. PUBLISHED AT FOUR O'CLOCK P.M. Resurrexi. SATURDAY, MARCH 24, 1877.

Thames Star, Volume VII, Issue 2563, 24 March 1877, Page 2

THE Evening Star. PUBLISHED AT FOUR O'CLOCK P.M. Resurrexi. SATURDAY, MARCH 24, 1877.

Oue ralepa3'ing readers will get a good penny's worth to-day, for we are very happy to be state —and we are sure this news will be good news to all—that the liabilities of the Borough up to sth of September, 1876, amounting to £6268 Is Id, have been, wiped off by the payment of the above' sum to the Bank of New Zealand. This will, we believe, put the Borough account oh the credit side of their bankers' book for the first time for some time past. Nor is this all. The liabilities of the Waiotahi Board up to tbe same date, amounting to £364 Is 3d, have also been discharged, as also have those of the Kauaeranga and Parawai Board, amounting respectively to £100 4s 2d, and £11 8s Bd. It will be remembered that the Mayor and Mr Brodie went to see the Ministers on this subject, and the fruit of their labors has now been reaped.

We are so impressed with the responsibility of urging upon our readers the advantages of life assurance, and hare so often brought this matter before them, that we make no apology for once more reverting to the subject. This time we have to draw attention- to the announce-

merit of the Mutual Life Association of Australasia, whose travelling agent, Mr J. A. Lowe, is now in our midst. The Mutual Life Association of Australasia is a comparatively new organization, as indeed are all our colonial institutions of a kindred character. It was formerly doing a considerable business in this Colony, but retired, owing to the legislative restrictions imposed by the Government. The directory have, however, resolved to re-open a business in this colony, and in pursuance of this resolution a local director has been appointed in Auckland—Mr G-. B. Owen —together with a principal medical officer and a general agent, and Mr Lowe is now in our midst to " take lives 'V and generally promote the objects of the association. The special advantages offered to the assured in the Mutual Life Association of Australasia are set forth in the prospectus as follows:—

Ist. Premiums calculated at lower rates than those of almost any other office. 2nd. Policies issued without hampering conditions of any kind as to future residence, occupation, or cause of death ; thus rendering them wholly •' Indefeasible," except in the event of wilful misrepresentation in the original documents. 3rd. Claims payable within thirty days after death; and / 4th. That being an entirely " Mutual" Office, without any shareholders to absorb large.sums in dividends, the whole of the profits ascertained at quinquennial intervals will be divided among the policy holders • ;as bonuses. '

For other information required by persons whose attention may be arrested by this paragraph, and who may not' have made up their minds as to which office they will assure in, we may refer them to Mr Lowe, who will afford all information, and, if desirable, take their lives with as little personal inconvenience to them, as if the proposers were merely having their portraits taken, or were getting their measure taken for a new suit. Now i§ a good time for nonassured to make provision for the future of those dependent on them.