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The Cyclopedia of New Zealand [Canterbury Provincial District]

The Mutual Benefit Building And Investment Society Of Canterbury

The Mutual Benefit Building And Investment Society Of Canterbury (Permanent). Offices, 150 Worcester Street. This society, which was established in 1852, has an authorised capital of £100,000, of which £45,000 is paid up. The reserve fund amounts to £1300. The last dividend was at the rate of seven per cent. per annum. The society makes advances on the security of freehold property in the city and country districts.