Page 3 Advertisements Column 2

Waikato Times, Volume XIX, Issue 1570, 27 July 1882, Page 3

GLARK AND GANE, AUCTIONEERS, ESTATE, HOUSE, A^D LAND AGENTS, DUKE-STREET, CAMBRIDGE, VALUATORS, SECURITIES ESTIMATED, LOANS' NEGOTIATED ON THE BEST ■ TERMS AT A NOMINAL CHARGE. NO EFFORTS SPARED. IN FURTHERING THE INTERESTS OF ,< CUSTOMERS FAVORING THEM WITH THE DISPOSAL OF PROPERTY, BY ,\ LEASE, AUCTION, OR OTHERWISE. Subjoined are some of the many Desirable Investments they can at present offer IFOIR, S-A-XjIE :

AT CAMBRIDGE EAST, near the Episcopalian Church, Two Sixroomed Houses, each on an acre of ground, securely fenced, and planted with fruit trees and ornamental shrubs. ' ' t A FEW SECTIONS of First-class Land, down in grass, within two miles of the Post-office. ONE ACRE and Four-roomed Cottage, and Very , good garden, near the bridge. SEVERAL TQWN ACRES, Cambridge East and West : some of them corner allotments that will cut up advantageously. HOUSE and Two Acres Land, fronting the Hamilton Road, 2\ miles from Cambridge. 32 ACRES LAND adjoining the Town Belt, Cambridge AYest, fenced, and in grass. 50 ACRES LAND, Horotiu -

T)ROSPECTUS, THE MUTUAL FIRE AND MARINE INSURANCE COMPANY OF NEW ZEALAND.

Incorporated under " The Joint Stock Companies Act, 1860," and the several Amendments thereof.

CAPITAL £200,000 Divided into 200,000 Sharks of £1 Each, Payable as follows : One Shilling per share upon application, One Shilling per Share upon allotment, and One Shilling per share on the eighth day ot January, 1883 (if required).

Directors : John Buchanan, of Auckland. Merchant William Buchanan, of Noith Shore, Gentleman William David Dallen, of Auckland, Manufacturer Alexandei Dewar, of Auckland, Merchant James Dickey, of Auckland, Ironmonger Walter Dowden, of Auckland, Auctioneer Thomas Hancock, of Auckland, Brewer Donald Hugh McKonzie, of Auckland, Merchant Jam ps McGowan, of the Thames, Merchant Richard Monk, of Auckland, Gentleman William Henry Skinner, of Auckland, Builder Bankers : The National Bank of New Zealand, Limited. Solicitoks : Messrs Hesketh and Richmond. Temporary Offices : Canada Buildings, Queen-fatreet.

The objects for which the Company is established are :—: — 1. To cany on the bu&ine&s of Fire and Marine Insurance in all or such ot its blanches as the Company shall from time to time determine. 2. To purchase or otherwise acquire and take over all or any part of the business property or liabilities of any other Company carrying on Fiie aud Marine Insurance business. 3. To purchase, lease, or otherwise acquire any real or personal piopexty which may be c6nveuient or necessary for the purpose of the Company. 4. To sell, demise, mortgage, improve, manage, or otherwise deal >with any property of the Company. 5. To invest the monies of the Company in such securities as' may from time to time be deemed expedient, aud without limiting the generality of this clause. To take or otherwise acquire and hold shares or Stock in any Company, or in any partnership arrangement transaction which 1 may be deemed directly or ini • directly advantageous to the , ' , • ' * Company.- , ' . ( , 6. If deemed advisable, to borrow, money, either with or without security on all or any of the property of the Company, or by issuing , debentures . charged on all or any of the Company's proi perty (both present and future), including its uncalled capital. 7. To clo all such other things as are incidental or conducive to the advancement of the above ob- , jects. . This Company has. now been fully established, and .without any appeal, to the public over Ten Thousand $hares have been already applied - for. In many instances- the applications were repeated and the number of shares doubled. , The „ Company has been established on principles differenttothoseQ^theotherln- , surance Companies now existing in,,, the colony. Of these /principle^ the .chief; is that j known as; the , Mutual principle, by which the profits of, the Company, after .paying- interest at the rate of , $ per cent. to/the shareholders upon their paid' up' .'capital^ and after such Reductions ;f or, the - formation and replenishment of the reserve fund another contingencies, are to be divided into two equal parts, one part^ ofrwhidh will be divided b,et>veen the. Insurers in v proportion , to'^the premiums paid; ,byj /them, respectively } jtq the company during the,last, preceding year, and the other part' will' be divided amongst the shareholders' <iri I proportion, tot /the; paid up .capitaluom'.their shares respectively. By those means shareholders de- ' Ist. They -receive 8 per cent, per j^}f a\in^nfilp|)^theij. : paid-up capi- ' f '.\ 2ucf. i Tliey receive" as r/ a5- *Von\i| or " i y h " i l dff i f dend'qn T £half;3f the tiUtaee> T , ' ' ' < '' 'Srpkmjk! distributed in propor/ "*•':'* " J tibri^'th^'atnp'uh^d'f'tyir'paid^ ,' if #ja^irMmiS'^'rY' 9V ' : ''i 'Ins^Vrefs're'clive^a^/ifTJomis^or^.aividend*