INSURANCE NOTES. 



THE 



A plcasiint f 'tioM took phico in the managPr's 



room at the JjuikI Mortgage Hank, ^felbourne, on 

 Htli August, whoii, at a 'meeting of sliareholdens, siib- 

 .stantial <'hi'[|Ues w«'ro handed to Mr. A. Dixon (lato 

 manager of the Bank), and to Mr. P. J. Newton 

 (late acfountant), in appreciation of their thirty 

 yean-} of service. 'Mr. W. G. Stephen.s, chairman of 

 the .share'liolders' oomimittee, made the presentation. 



l{eferring to the question of logishition to euMire 

 a rigid sy.stem of supervision and control of iii.sur- 

 an<'e enterprise in Australia, by a competent national 

 authority, which has recently lieen brought under 

 piihlii^ notice, the Premier of Victoria (Mr. Watt) 

 stated he r<*g:vr<led it as a distinctly Au.stralian pro- 

 position, rather than one for State intervention. 

 ICven if tlie I/t'gislature of one Stat*> interposed, the 

 other .States 'might not be inclined to follow .suit, and 

 the result would be an embarrassing lack of uniformity. 

 The supervision and restrictions would thus be ini- 

 ])o.sed on only a small area of the territory and busi- 

 nes.s of a large civmpany doing business tlirougliinit 

 .Vustralia. He thought repi'nsrntM tions shoidd be 

 strongly made to the responsil)le Federal authoi'itio.s 

 with a view to the pa.ssing of legislation as early as 

 IS ipraotioable. 



Retm-ns to lian<l on the 19th August showed the 

 fifth week'is business ixf the Federal Savings Bank 

 throughout Victoria to be as follows: — 



Totals 



403 



4255 



140,.512 



5843 



Under a Hill to further ainend the Savings Bank 

 .\ets, which was isosued on tlie 19th August, it is 

 propo.sed to alter the name of the bank to the State 

 Savings Hank of Victoria, and to cunpower the Coni- 

 rrii.ssioners to sell stock in amoiints of £10, or a mul- 

 til)le thereof, to thi> extent of not more than 

 C3. Olio, (100. of which no person or institution should 

 hold more than ClOOO. The r;ite of interest is to ln' 

 fixed from tim(> to time l)y the Governoi'-in-<-.V>uncil, 

 but no reduction is to afifect .s-tm^k previously pur- 

 chased until two years has expired. .Strict safeguards 

 .■ire proposed against the sudden withdrawal of large 

 amounts of stock, and the .stock is to lie free from 

 inconut l.'ix The pr<iportion of moneys to be hanked 

 is increa.sed from 15 to 20 |)er cent. Power is pro- 

 po.sed to be giviMi for the transfer of Savings Hank 

 ddbentures to the State, in return for otic delteuturo 

 i,<.sued bv the .State Treasurer. 



I'idmise.s at \o. 134 Klinder.s-lane, Melbourn<\ 

 owned and wcupied by Jfr. George Dance, pastrycook 

 and caterer, were severely damiige<l by (ire on 10th 

 .\ugnst. The building was insured for about £3000 

 rtitb the .Australian Alliance and Royal Insurance 

 Compuni&s, and the contents were insured Avith the 

 Oce.'in C'<>ni))anv for £965, 



COLONIAL MUTUAL 

 FIRE 



INSURANCE COMPANY LIMITED. 



INSURANCE 



FIRE - . • ^1 



ACCIDENT- 

 EMPLOYER'S LIABILITY - 

 FIDELITY GUARANTEE - 

 PLATE-GLASS BREAKAGE 

 MARINE - 

 BURGLARY 

 LIVE STOCK 



OFFICES : 



MELBOURNE— 60 Market Street. 

 SYDNEY— 74 PiU Street. 

 ADELAIDE— 71 King William Street. 

 BRISBANE— Creek Street. 

 PERTH— Barrack Street. 

 HOBART— Collins Street. 

 LONDON— 77 CornhiU, E.C. 



WALTER TUCKER, 



General Manager, 



THE EQUIFY IllDSTrES, EXECUTORS, AND 

 AGENCY CO.MPANY EIMITED. 



RESEKVt LIABIlliY. £100,000; dJARANTEE FIND. XIO.OOO. 

 BOARD OF DIKECTOKS EdwiM Kiiiinire, He.], Chgirniin ; W 

 H. Irvino, Eeq-, K.U., M.l'. ;' Iionald Mackinnon, F.b(|.. M.L.A. ; 

 R. O. M'Outcheon, Esr|., M L.A. ; Stewart Mo.-rlliur. E«q. 



Registered Office: No 85 Queen Street, Alelbourae. 



This Company i> empowered by special Act of Farliament t< 

 pertorm all olaBscs o( trustee business. JOEI. Fn.\, Maimer. 

 T .MARTIN, Assistant UauaKer. 



CLEMENT H. DAVIS, 



Incorporated Accountant. Specialist for Installinj 

 Latest American Office Bookkeeping Systems, viz.— 

 Looseleaf or Perpetual Ledgers and Card-Ledgers 

 Correspondence, Filing, Adding and Posting Machines, 

 Stc, &c. 



ROYAL BANK CHAMBERS. MELBOURNE. 



aXlV 1 k i LI lit LiiJL XU i il iiktii kl Ay^ 



WE FIT TRUSSES 



FOR RUPTURE 



SILK ELASTIfc STOCKINGS, CRUTCHES, BELTS,, 

 ' SHOULDER BRACES, ENEMAS, BATTERIES., 

 " BEST QUALITY • MODERATE PRICES. . ' 



DENVER BRdTHERS 



CORNER SWANSTON It LONSDALE STS. 

 f^ , MELBOURNE,; Vic ^ 



<xrfrr'fTjfTTn!vw'TTM7!AW 



