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tho AeEOciation may bo carried on or it intended io bo carried on ; and anyland ■ or buildings bo acquired to-disposo of or deal with by smo, louse, or otherwise, as to the Directors shall seem fit. i (p.) To m&ko and enter into contracts and engagements for tho supply of stock in trade or material at fixed prices, for fixed periods, or otherwise, as to tho Directors shall accin fit. (a.) To acquiro and undertake tho whole or an? part of the business, property and - liabilities ofiany corporation of person carrying on any business which this Association!! authorised *.o carry on, or possessed of propettj (ttitablo for any of the purposes of this Association, (H>) To act as agent for any corporation or person for tho'Ealo of goods on commission, or tor any other purpose for whioh the Association shall be appointed agents, (i.) To rniac monoy in ony manner the Directors may think fit, and in particular by tho issue of debentures or debenture atook, perpetual or otherwise, charged upon all or any of the Association's property, proBent and future, including its uncalled

capital. ' (it) To borrow money, either from its Bankets or otherwise, with or without security, upon the property of the Association. (L.) Toappoint agents in an; part of the world for all or on; of tlio purposos of tho Association. II), To make, acecpt, endorse, and execute promissory note, bills of exchange, and other negotiable instruments, (K.) To enter into any arrangements for sharing profits, union of interest, co-operation, joint adventue, rcciprocalconccsMoh, or otherwise, with any corporation or person carrying on, or engaged in, or who may bo about to corry_ on or engage in, any buiinfss which this Association is authorised to carry on or engage in, or any ' business or transaction capable of being carried'on so as directly or indirectly to benefit this Association; ami to lend money, to guarantee tho contracts of, or otherwise assist to become responsible for I any such corporation or person, (O.) To manage and deal with any land or ' property which may como into tho possesi sion of the Association as security for any ' debt in s icli manner as to the Directors shall seem fit, with aa.full powers as any individual would have iulikocase, (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 tho Association's objects, and to contribute to, subsidise, or otherwise assist or take part in any such operations or concern?. Q.) To make such arrangements as the Directors think 1 fit for granting, _ and to grant, special concessions, reductions in prices, rebate in prices, discounts, or other advantages to shareholders, or to persons purchasing at iho factories or stores of the Association, or to both shareholder# and such purchasers. (n.) To carry on any business of tho Assoeia tion upon co-operative principles to such extent, and «itheuch limits, and subject to such provisions as to the Directors shall seem fit.

(s.) To mnio advances (ind loans to any per son, company, or firm, and either with or, without security for re-payment. (T.) To do all or any of the abovo things as principals, ajents, contractors, or trustees, or otherwise, anil cither alono or in conjunction with othcts, and by or through trustees, agents, or otherwise, and either alone or in conjunction with .others, and by or through trustees, agents, or other wise, (ut,) To do all such other things as Kay be incidental or conducive to the attainments of the above objects or any of them, 4. Tho Liability of the Association is Limited, 0, Tho Capital of the Association is £IOO,OOO, divitied into 20.000 Shares at £5 each A ustraliauM.ut.ual Provident Society. New Zealand Branch: Head Officii, Custom-houso Quay, Wellington, Local Board of Directors: The Hon. Morgan S. Grace, M.D., 0.M.G., M.L.O, (Chairman) ; The Hon, Charles J. Johnston, M.Tj.C., (i)eputy Chairman); Alfred de Batue Brandon, Esq. ; The Hon. Edward Richardson,C.M.Q.; John Duncan Esq.

Medical Officer: Bn, W. Q. Kbmj, M.K.G.S, (England) mHE OLDEST, WEALTHIEST, X AND MUST PROSPEROUS Australian Life Office, and the LARGEST in the BRITISH EMPIRE The Only Colonial Life Office WHICH DECLARES A BONUS EVERY YEAR. The Method of Valuationadopted by tks Society isofthe most stringent character, aid ensures a Considerably Larger Reserve to meet Liabilities than that held by any other office in the Austrubsian Colonies,' ACCUMULATED FUNDS, £10,500,000 (ten and a half millions) sterling, All invested to yield nearly 6 per cent. Polioies in Force ... 109,338 Sum Assured %,01)6,211 Accumulated Funds £10,632,0.16 Annual Income i 1,800,347 Cash Bonuses Divided ... £4,930,861 BONUSES! CASH BONOS for ONE year, 1801, £489,828, yielding Reversionary Bonuses amounting to £1,009,000. This Cash Bonus wis equal to 42*4 per cent, on the premiums .received daring the year. OABH BONUSES declared for last • FIVE Years, OVER TWO MIL.' LIONS yielding Rovorsionary Bonnes exceeding FOUR millions, ASSURE YOUR LIFE In the A.M.P SOCIETY AND HEOURF! a BONUS EVEKY YEAR. EXPENSES OF MANAGEMENT LESS THAN 9iPER OENT. ON THE TOTAL INCOME. EDWARD W. LOWE, Resident Secretary. Branch Office— CUSTOM HOUSE QUAY, WELLINGTON. Local Agents—Masterton, LOWES& lORNS j Greytown, F. E WOOD : Canvassing agent, G, W, SCHRODER, "publiotrusToffice!

CAPITAL FUNDS OF ESTATES placed in thfl Public Trust Office guaranteed by the Colony. 1 By " Tho Public Trust Office Ada Amendmont Act, 1891," the Colony now puarautecs the integrity of the capital funds of properties placed in the Public Trust Office where there is no direction for the investment of such funds, or where thero is no other direction for their investment than generally, at tho option of the Public Trustee, in General Govern" went Securities of New Zealand or in mortgago of real estate within the Colony, 'I The Colony aIBO guarantees on such capital funds a fixed rate of interest, to bo credited quarterly, free uf al office cbarpes, to the properties from which the funds arise. 1 3. The value of llm guarantee will be obyious when it is considered thatit is—(a.) The guaranty of tho Colony against loss from investmentsjin bad or insufficient securities, (b.) The guarantee of tho 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 charges of the Public Trust Office. 4. The rates of interest to b9 allowed by the Publio Trust Office on the Capi> tal Funds for investment are 5 per ■ cent on any amount up to £3,000, and 4 pur cent on tho amount in excess of £3,000, and these rates, which are allowed free of all charges,

will result in an income of—£so a year from LI,OOO, or 5 per cent 160 „ 3,000, or 6 per cent 190 ~ 4,000, or 4f per cent 230 „ 5,000, or 4 3-sths „ 270 „ 6,000, or 4J per cent and so on. J, K. WABBUBTON, Public Trustee. THE LIVER & KIDNEYS Do not Work Freely, use "PARAMO," Muterton agent; Mb T, G, Maso

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18920523.2.21.2

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume XIII, Issue 4119, 23 May 1892, Page 4

Word count
Tapeke kupu
1,178

Page 4 Advertisements Column 2 Wairarapa Daily Times, Volume XIII, Issue 4119, 23 May 1892, Page 4

Page 4 Advertisements Column 2 Wairarapa Daily Times, Volume XIII, Issue 4119, 23 May 1892, Page 4

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