tho Association may be carried on or is intended to bo carried on; and anyiand or buildings so acquired to diapoao of or deal with by sue, louse, or otherwise, lis to tho Directors shall seem fit,' ,) To make and enter into contracts and engsccmcnta for the supply of stock to trado or, material at fixed prices, for fixed periods, or otherwise, as to tho Directors shall seem fit, (a.) To acquire and undertako tho whole or tiny part of the business, property and liioilitioj of an; corporation of person carrying on any business which this Association is authorised to carry on, or possessed of property tuitablo lor any of tho purposes of this Association. (11.) To act as agent for any corporation or person for tho salo of goods on commission, or lor any other purpose for which the Association shall bo appointed agents, (i.) To raise money in nny manner the Directors may think fit, and in particular by the issue of debentures or debenture stock, perpetual or otherwise, charged upon all or any of the Association's property, present and future, including its uncalled capital, (k) To borrow money, either from its Bankers or otherwise, with or without security, upon the properly of the Association, (l.) To appoint agents in any part of the world for all or nny of tho purposos of tho Association. >[), To make, accept, cndoiae, and execute promissory, notes, tills n[ exchange, and other negotiable instruments., (N.) To enter iuto any arrangements for sharing profits, union of interest, co-operation, joint ndventuro, reciprocal concession, or otherwise, with any corporation or person carrying on, or engaged in, or who may bo about to carry on or engago in, any business which this Association is authorised to carry on or engage in, or ony business or transaction capable of being carried on so as directly or indirectly to bcneSt this Association; and to lend money, to guarantee the contracts of, or otherwise assist to become responsible for any such corporation or person. (0.) To manage and deal with any land or property which may come into the possession of tho Association as security for any debt in s jch manner as to the Directors shall seem fit, with as.full powers as any individual would have iu like case, (p.) To construct, carry out, maintain, im prove, manage, work, control, and superintend any stores, factories, warehouses, and other buildings, works, plants, and machinery, which may seem directly or indirectly conducive to any of the Association's objects, and to contribute to, subsidise, or otherwise assist or take part in nny such operations or concerns, Q.) To make such arrangements as the Directors think fit for granting, ond to grant, special concessions, reductions in prices, rebate in prices, discounts, or other advantages to shareholders, or to persons purchasing at the factories or stores of the Association, or to both shareholders and such purchasers. (n.) To cairy on any business of _ tho Associa tion upon co-operative principles to such extent, and with such limits, and subject to such provisions as to the Directors shall seem fit. (a.) To make advances and loans_ to any per son, company, or firm, and cither with or without security for re-payment, (t.) To do all or any of the above things as principals, ajents, contractors, or trustees, or otherwise, and either alono or in conjunction with others, and by or through trustees, agents, or oth»rwise, and either alono or in conjunction with others, and by or through trustees, agents, or otherwise. , , , (ut.) To do all such other thing;asiwiy be incidental or conducive to the attainments of tho above objects or nny of them, 4, The Liability of tho Association is Limited, 5, The Capital of the Association is £IOO,OOO, divided into2o.ooo Shnres at £0 each AustruliauMunuil Provident Society.
Hew Zealand Branch: Head Office, OuEtom-houso Quay, Wellington. Local Board of Directors: The Hon. Morgan S. Wrack, M.D., C.M.G., M.L.O, (Chairman) ;Tue Hon. Charles .J, Johnston, M.L.C., (deputy Chairman); Alfred db Bathe Brandon, Esq. ; The Hon. Edward Richardson,O.M.G.: John Duncan Esq. Medical Officer: Br. W. G. Kemp, M.H.O.S. (England) rnHB OLDEST, WEALTHIEST, X AND MOST PKOSPEItOUS AUSTRALIAN LIFB OFFICB, AND THE LARGEST in the BRITISH EMPIRE The Only Colonial Life Office WHICH DECLARES A BONUS EVERY YEAR, The Method of Yalmliomdopted by thu Society is of the most stringent character, and ensure 6 a Considerably Laryer Reserve to meet Liabilities than that held by ami other office in. the AustraUsian Colonies. ACCUMULATED FUNDS, £10,500,000 (TEM AND A HALF MILUON3) STERLING, All invested to yield newly 6 per co it. Policies in Force ... 109,333 Sum Assured £37,006,211 Accumulated Funds Annual Income 11,860,347 Cash Bonuses Divided ~, £4,930,861 BONUSES! CASH BONOS for ONE year, 1891, £489,828, yielding Reversionary Bonuses amounting to £1.009,000. This Cash Bonus vis equal to 42*4 par cent, on the premiums received during the year. CASH BONUSES doclared lor last FIVE Years, OVER TWO MILLIONS yielding Rovorsiouary Bonuses exceeding FOUR millions, ASSURE YOUR LIFE In tlio A.M.P SOCIETY AND SKCURX A BONUS EYMY YEAR. EXPENSES OF MANAGEMENT LESS THAN 91 PER CENT, ON THE TOTAL INCOME. EDWAItD W. LOWE, Resident Secretary. Branch Office— CUSTOm HOUSE QUAY, WELLINGTON. Local Aoents—Masterton, LO WES& lORNS ; Greytown, F. H, WOOD : Canvassing agent, G, W. SCHRODER, "PUBLIC TRUSfOPFIOE.
CAPITAL FUNDS OF ESTATES placed in the Public Trust Office guaranteed by tho Colony, 1 By "The Public Trust Office Acts Amendment Act, 1891," the Colony now puarontees the integrity of tho capital funds of properties placed in the Public Trust Office whero there is no direction for the investment of such fund?, or where there is no other direction for their investment than generally, at the option of the Public Trustee, in General Government Securities of New Zealand or in mortgage of real estate within the Colony. <:■ 2, The Colony also guarantees on such capital funds a fixed rate of interest, to be credited quarterly, free of al offico charges, to the properties from which the funds arise. 1 3, The value of this guarantee will be obvious when it is considered thatit is—(a.) Tho guarantee of tho Colony aeainat loss from investmentsjin bud or insufficient securities. (b.) Tho guarantee of the Colony against loss from delay in the investment of moneys. (o) The guarantee of the Colony that the interest fixed by Ordor in Council shall be regularly and 'punctually paid, free of all clumes of the Public Trust Office. 4, The rates of interest to ba allowed by the Public Trust Office on the Capital Funds for investment are 5 per cent on any amount up to £3,000, jnd 4 per cent on .tho amount in excess of £3,000. and theso rates, which aro allowed free of all charges, will result in anincomoof—£so a year from LI,OOO, or 5 per cent 150 „ 3,000, or 5 por cent 190 „ 4,000, or 4J per cent 230 „ 5,000, or 48-stha „ 270 „ 6,000, or 4J per cent and so on. J, K, WARBURTON, Public Trustee. HEN THE LIVER & KIDNEYS Do not Work Freely, uso "PARAMO." M DEterton sgent; Mk'T.G.Masok
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https://paperspast.natlib.govt.nz/newspapers/WDT18920520.2.21.2
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Wairarapa Daily Times, Volume XIII, Issue 4118, 20 May 1892, Page 4
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1,174Page 4 Advertisements Column 2 Wairarapa Daily Times, Volume XIII, Issue 4118, 20 May 1892, Page 4
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