A.M.P. SOCIETY

Wairarapa Times-Age, 11 May 1940, Page 7

A.M.P. SOCIETY

GROWTH OF NEW BUSINESS. ADDRESS BY NEW ZEALAND DELEGATE. At the annual meeting of the A.M.P. Society in Sydney yesterday, the delegate from the New Zealand board (Mr D. R. Menzies) expressed satisfaction at the steady progress of the society and declared his conviction that the future could be faced with every confidence. “I am particularly pleased,” he said, “to be able to report a satisfactory year as affecting the society’s affairs in New Zealand, notwithstanding several adverse factors including drought conditions in the earlier part of the year and the outbreak of war in the later months with its consequent dislocation of business generally. “In spite of all adverse factors, however, the New Zealand branch contributed the splendid total of £5,412,785 of Ordinary Department new business for the year 1939, an increase of £651,155 over the total secured in the previous year. With the addition of new business amounting to £789,020 completed by the Industrial Department, the total New Zealand new business for 1939, for both departments, reached the highly satisfactory aggregate of £6.201,805. . . . “During the year the Branch Board was deprived, through death, of the services of its esteemed Chairman — Sir William Hunt. The late Sir William had been a member of the board for over fourteen years, and chairman for more than four years, and his extensive knowledge of pastoral and commercial affairs, his outstanding personal ability and wide associations, made his loss a very real one to the society and to the Dominion. More recently. Mr N. S. Falla, C.M.G. —a Branch director for nearly six years, assumed an important military command with the New Zealand overseas forces, and reluctantly felt it necessary to sever his connection with the Branch Board.”