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New Zealand.

Certificate of Incorporation of the Rational Fire & Marine Insurance Company Of New Zealand.

No. 41.

Under "The Joint Stock Companies Act 1860" and "The Joint Stock Companies Amendment Act 1862."

I Alfred William Smith Registrar of Joint Stock Companies do hereby certify that The National Fire and Marine Insurance Company of New Zealand is incorporated under "The Joint Stock Companies Act 1860" and "The Joint Stock Companies Amendment Act 1862."

Given under my hand at Dunedin this twentieth day of September one thousand eight hundred and seventy-three.