55^ 



INSURANCE NOTES. 



THE 



Mr. Gerald 'I'. Bakor has been uiianiraoutsl.v rc- 

 slected chainnaii of directors for tlip Colonial Mutual 

 L/ife Atisnrance Society Limited for the ourrent finan- 

 cial year. 



The staff (if the Provident fjife Assurance Co. hekl 

 I snioke-nig'ht on the 13bh June, at the company'.'- 

 >fBces. and presented to Mr. 6. P. Smith, the man- 

 iger for Victoria, a framed photograiili of their raem- 

 Ders. as' a mark of esteem for the many proofs of his 

 iiml interest and hospitality si]ice the inauguration 

 )f the company in this State. 



Mr. T. Lockwood (Resident Secretary of tJie United 

 [n,sur.'ince Conipanv Ltd.), president of the Country 

 Fire Hri;j;a(les' Board, and Captain D. Andrews. 

 >x-Captain AValker. and Mr. ^^■. B. Grose (member of 

 :he boaid). left Melbourne on the 8th .Tune for the 

 ■onference of interstate Fire Brigades' Boards at 

 Bri^iane, They were .ioined there by Chief Officer 

 Nfajor Mnrsfiall, Mr. J. N. Stevens (the secretary), 

 iiid Cipt-iiii Chcli'w (also a member of the board). 



T'Jie board of di?'Pctors of the 

 Viustralasia Limited 'has appointed 

 Wreford tij the position of chic 

 >ank, in succession to the late Mr 

 Mr. Wreford joined the bank's ser 

 [882. He ser'ved at the Adelaide 

 :)ranches in .Sonth Australia till 

 luently on the West Australian ■•■ 

 1907 ; secretary at the liOndon ciHi( 

 ivhen ihe was appointed assistant 

 :he head office, Melbourne. 



National Bank of 



M-r. Ernest Henry 



if manager of the 



. John G. Addison. 



vice at Adelaide in 



office and various 



18f)G ; was subse- 



;taff from 1896 till 



•e till late in 1909. 



I'liicf manager at 



Tin- Hriti.sb medical profession has published a 

 i*;heme in oppasition to that of the Cliancellor of the 

 Exchequer, under tilie National Insu'rance Act, for 

 :he provision of medical treatment of workers earn- 

 ing less than 4()s. a week. The feature of the doctor's 

 icheme is a subs<'ription of ^id. per week. Mr. Llo.vd- 

 Georga has conferred with the committee of the 

 liriiish Medical A.ssociation, and ask(Hl it to furnish 

 the fact and figures on which the demand for n 

 ligher fee for attendance on thn.se inisured under the 

 Art his been made. 



Tin. 



accounts of the Commercial Union Assurance 

 Oomjpanv 'for 1911 show that net fire promiuni.s 

 unounted to £3,182,871, against £;j, 139,967 for the 

 [>rerious yeai-; and claims to CI, 771 ,.597, against 

 €l,o02,.").')3, the ratio b(>ing 'yr-iM per <'ent., against 

 47.8 per cent. The .sum of £220,0(10 is carried from 

 the tire account to profit and las.s ; an<l the fire insur- 

 ance fund at the end of the year stands at C3,204,fil'J. 

 igainst £3,141,492. In the marine <li>partinent ne, 

 premiums amounted to £315,809, against C300.921, 

 md claims lo C168,92(), against i'l.")] ,77L Tlie sum 

 £.'J0.0<)0 i.s carried from the anarine .account to pro- 

 ' loss, .and the marine iusiirance fund now 

 at £817,439, again.st t7r>8,78S. .Net accident 

 ■0 £418. .583, against t401,943 for the 

 previous year: .■in<l claims, L18.'!,219. against 

 C188..")79. Kmplovers' liabilitv net prcmiuins amoiinte<l 

 to £088.907. against £.-)!9.8.'i() : and claims to 

 £348. o26, against C.3."J0,787. .Net pi-emiunis in the 

 general aocidcMit accouiyt (on policies not included in 



>l 

 (it 



<ta m 

 premiums wer 



COLONIAL MUTUAL 

 FIRE 



INSURANCE COMPANY LIMITED, 



FIRE 



ACCIDENT- 

 EMPLOYER'S LIABILITY- 

 FIDELITY GUARANTEE - 

 PLATE-GLASS BREAKAGE 

 MARINE - 

 BURGLARY 

 LIVE STOCK 



INSURANCE 



OFFICES : 



MELBOURNE— 60 Market Street. 

 SYDNEY— 74 Pit4 Street. 

 ADELAIDE— 71 King William Street. 

 BRISBANE— Creek Street. 

 PERTH— Barrack Street. 

 HOBART— Collins Street. 

 LONDON— 77 Cornhill, E.G. 



WALTER TUCKER, 



General Manager. 



THE EQUITY THUSTfES, EXECUTORS, AND 

 AGENCY COMPANY LIMITED. 



RESERVE LUBILIIY. £100.000; GUARANTEE EINO. £10,000. 

 BOARD OF DIltECTORS Edw«rd Fanning, Esq , Ch«irBi»n ; W 

 B. Irvine, Eaq., K.C., U.P. : Donald Uaokinnon, F.eq , U.L.A. ; 

 R. O. M'Outcheon, Esq.. M L.A. ; Stewar* tloArthur, Esq. 



Registered Office: No. 85 Queen Street, Melbourne. 



This Company is empowered by special Act of Parliament t% 

 perform all classes of trustee btieineee. JOEL F()X, Manager. 

 O T .\I.\RTIN, Assistant Manager. 



CLEMENT H. DAVIS, 



Incorporated Accountant, Specialist lor Installing 

 Latest American Office Booltlteeping Systems, viz. — 

 Looscicaf or Perpetual Ledgers and Card-Ledgers 

 Correspondence, Filing, Adding and Posting Machines, 

 &c., &c. 



ROYAL BANK CHAMBERS. IVIELBOURNE. 



Dt'hei- nceouiits), amoiiiitei;l to £I,-l(U.9(i"_', H;;;iir..<t 

 t;I.L'48,288: and el.nims to £776,711, afinin.st foliO.a.W. 

 The sum i)f £l'20.0nO has been transfenxMl from tlie 

 jieeideiit department to profit .and lofss. The tnt.il 

 ciirri.Tire to proht and loss aecoiint from fire, mnriiie. 

 and j;eneriil :u-eident at'Counts i.s £.370,000, of tvhieh 

 £"J0O,U0O is applied tonards redueinK eost of bnsi- 

 ne)5.s(\s ac(|iiired. and C;i'),000 in a bonii.s to the staff 

 ami i>tlier speeial expenses. The dividend for the 

 .ve;ir is IfJs. per .share, afrain.st 1.5s. for tin" previou." 

 vear. 



