E.) From time to time to purchase, accept leases for t-erica of years of, or ecquireon any other tenure, land, stores, shops, and other buildings, whereon the business of the Association mar he carried on or bo intended to be earned on; and any land or buildings so aquired to dispose _ of or deal with by talc, lease, or otherwise, as to the Dlrcotors Bball seem fit, F,) To makoimd enter into, contracts and efr or material at fixed prices,: for fiied periods, or otherwise, as to tlib Directors shall seeni fit' [a,) To acquire and undertake tho whole or •any part of the : business, 'property and liabilities of any corporation of person carrying on any bUsihesa whioh thin Asaociation is authorised tocarry on, orpos- , sessed of property Huitahje lor any of tho purpokes'of tniß Association; • »- • (h.) To act a? agent for any corporation or person for the sale of goods on or lor any other purpose for. which the Association shall be appointed agents, (l.) To raise money in any manner the Direc tors may ; think fit, and in particular by the issile of debentures or debenture, stock, perpetual : or otherwise, charged upon all or any of tho.Association's'property, prosent and future,, including its uncalled capital. ■; k.) To borrow money, either from its Bankers or otherwise, with or without sconrity, upon the property of the Association, To appoint agents in any for nil or ciation, H.) To maty, accept; endorse,' and execute promissory notes, .bills of exchango, "" J (n.) To.enter.into any arrangemcntq.for, sharing profits, union of interest, co-operation, joint adventuro, reciprocal concession, or otherwise, with any corporation or peraon carrying on, or engaged in, or who may , be jabout to carry on or engage_ in, any ' businrss which this Association is aUtho 1 thed ,k> carry on or engage in, or any business or' troUsabtion tapable of bkin| carried on so as directly or .■ indirectly to benefit this Association i. : and to lend money, to guarantee tlio contrite,of, or otherwise assist to become'responsible for any auch corpirfatlon'or person, / (o,)To manage'and deH ; with any land or . 'property which may come into tne posjession of the Association as security for,any : debt in each manner' as to the Director! shall seem fit, . with asjfull powers individual would have iu like case, (r.) To construct, carry out, mainM . prove, manago, work, control, and super
intend any stores, factories, warehouses, Mid other buildings, Ayorks, plants, and machinery, which may seem directly or indirectly conducive to any of the Aasq-; ciation's 1 objects," and to contribute to,' Bubaidue, or otherwise assist or take part, in any such operations or concerni., 0.) To make such arrangements as the Directors think fit for granting, and to grant, special concession's, reductions in prices, rebate ill prices, discounts,' or other advantages to shareholders, 1 or to persons purchasing at iho factories or stores of the Association, or,to both Bhareholders.and, such purchasers. , . t>l ; (b.) To carry on any business of tho'Association upon co-operative principles to such extent, awl nith such limits, and subject to -such. provisions as to the Directors shall seem fit, ... , (s,)To make advances and, loans to any per son, or firm, and either with or without'security (or re-payment. (I.) To do all or any of the above things as' principals, ajents, contractors, or trustees, 1 . • or otherwise, and either alono or in conjunction with by or through trustees,' agents, or otherwise, and either alone or in conjunction with others, and by or through trustees, agents, or • wise, ' , (n.). To do all suchother thingjas may be incidental or conducive to the attainments of
the above objects or any of tliem, 4. The Liability of the Amociation ii Limited,! 6, Tlio Capitol of tlic Association is £100,600, 1 dividcdinto2o,ooo Bharcaat £5 eaot, j AiistraliauMutual Provi" dent Society New Zealand Branch: Head Office, Oußtom houao Quayi : ' Wellington Local Board of Directors: I'hkHon, Morgan Si Grace, M.D., 0.M.G,, M.L.O, (Chairman) ;The Hon. Charles J. Johnston, Esq,, M.L.O. (iieputy Chairman); Alfred de Bathe Brandun, Esq.; The Hon, Edward riiciiAßDsoN,O.M.G,; John Duncan Esq Medioal Officer: Bu. W. G. Kemp. M.K.O.S, (England) 11HE OLDEST, WEALTHIEST, AM
MOST PIWSPEROUS AUSTRALIAN LIFE OI'FICB, AND.THE LARGEST IN THE BRITISH EM«
PIRE. The Onw Colonial Life Officii WHICH DEOMRES A BONUS EVERY lEAB, The Method of Valualionadopted h his Society is of the most stringent charicter, and ensures a Considerably Larger Reserve to met Liabilities than 'hat hid by ant/ other office in the Iwtrelasian Colonies ACCUMULATED FUNDS NEARLY £10,000,000 Sm STEBLING. \ll invested to yield nearly 6 pet ceat. POUOIES IN FORCK 101,340 Sum Assured £31,904,017 Accumulated Funds £9,789,873 Annual Income 11,741,387 Dash Bonuses Divided ',,, £4,440,533 For FIVE YEARd ended 81st Dember, 1890, Policies have been written for SEVENTEEN AND A HALF MIL LION STERLING, BONUSES! HASH BONUSES declared tor lasb FIVE Years, TWO MILLIONS, exceeding POUR MILLIONS. GASH BONOS ■ FOR ONE YEAtt, 1890, £469,856, YIELDING BEVERSIONAEY BONUSES AM' OUNTING TO £967,000, This Cash Bonus w&s equal to 42'1 per i, on the premiums renewed during AS SURE! YOUR LIFE TM TUP ' & SOCIETY AND BECHJKP A BONUS EVEKY YEAR POLICIES ON NEW ZEALAND REGISTER, 16,000, ASSURING 1D,000,000. ASSETS IN NEW ZEALAND £1,419,276. EXPENSES OF MANAGEMENT ■ , LESS THAN 91 PERCENT. ON THE INCOME. EDWARD 5 W. LOWE, Branch Office— CUSTOM HOUSE QUAY, • WELLINGTON. LOCAL AGENTS—Maatertbn, Lowes and lorns; Greytown, F..H, WOOD OanvMsing agent, G, W, SOHItODBK SINGER'S SEWING MACHINES,' FROM QjO PER WEEK ■ LoOAi OFFIOBj! QUEEN STREET, MASTERTON - -■ - "/'• agent; W; OUILEHi
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https://paperspast.natlib.govt.nz/newspapers/WDT18920322.2.16.5
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Wairarapa Daily Times, Volume XIII, Issue 4069, 22 March 1892, Page 4
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902Page 4 Advertisements Column 5 Wairarapa Daily Times, Volume XIII, Issue 4069, 22 March 1892, Page 4
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