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Illustrated Guide to Christchurch and Neighbourhood

The National Fire and Marine Insurance Company — of New Zealand

page 158

The National Fire and Marine Insurance Company
of New Zealand

Was established in 1873. The head office is in Dunedin, the general manager being Mr A. Hill Jack, who has held his present post from the commencement. The Canterbury Branch has its offices in the handsome pile of buildings erected by the Grain Agency Company, at the corner of Cashel and High streets, Christchurch. Mr A. Carrick has been the manager from the opening of the branch here, eleven years ago. The capital of the Company is £2,000,000, with a paid-up capital of £98,057 10s, and reserve funds of £191,137 5s. According to the report adopted at the general meeting of the shareholders, held in Dunedin in November last, the receipts for the previous year had been £234,959 3s 4d, and the expenditure for the same period £217,518 12s 1d. An interim dividend of 20 per cent. was declared in March, 1884, and a further dividend of 5 per cent. was declared in November. The Company is purely a New Zealand one, very nearly, if not all, its shares being held by residents in various parts of the colony.