Page 4 Advertisements Column 2

Gisborne Standard and Cook County Gazette, Volume V, Issue 661, 19 September 1891, Page 4

GOVERNMENT LIFE INSUBANCI DEPARTMENT. <OWMt Premiums. State Guarantee. Participation in Profits. Present Accumulated Fund, over £1,500,000. Annual Income exceeds £282,009. wash Surplus in 1885, over £242,000 (last msTßiaunoKX THB Bataa of Premium new in loro. la tbit Office are lower than tboae charged to participating Pollcyholdor* by any other Office doing btulneee in the Autralaeian Colonies. It ia neverthelees anticipated that, owing to cheap management and light mortality, very handaome bonuaee will become payable to Policyholder* insuring under exietlng rate*. Thai till* i* not a mere estimate may be judged from the tact that, under the old scale of premium*, frm wMeb oomfarativtly Uttle profit woe expected Io accrue, no Ise* than £343,000 of CASH SURPLUS, or nearly as per cent, of th* whole accumulated fund at that date, waa found to bare accrued during the quinquennium ended the Slat December, ISM. Of ini* amount £150,000 was divided, and the balance carried to reeerve. All Participating Policies ar* «atiUed, *■ besoming claim*, to a Proepectiv* Bena* is acoesdano. with the amount of premium* paid eino* th* preceding distribution. Thus, the aSvaa'MM of an annual diatributioa are aeeered withMlth* >-wlvy cost attaching then**. <■ P. W. nUMKLAND, V J A. 01 De ert**li*ii aed Oevt. A.twarv, TO LET, COUNTRY Lands and Town Sections and Houses] W H TUOEEB.