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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Horsham Times
Location
Horsham, Victoria, Australia
Date
Dec 17, 1940
Page
7
A historical text contrasts the T. and G. Life Assurance Society a mutual policyholder body with no shareholders to a commercial Bank. It explains how policyholders’ money is deposited with the Bank and re-lent, while the Society aims to provide ongoing benefits such as life payments to members.
The T. and G. has built barge style buildings in capitals across Australia and major New Zealand cities, with a distinctive tower and uniform paint scheme as seen in the Horsham building. These constructions are undertaken for three primary purposes.
The corner site hosts a tower rising 87 feet above ground, topped by a 24 foot flagpole. The initials T and G mark the Society established in 1876, with three storey wings to Firebrace and McLachlan Streets. Shops line the ground floor, offices on the first floor, two upper flats, and garages at the rear. Designed by A and K Henderson and Partners. built by G A Winwood.
The structure uses about 1 400 tons of reinforced concrete and rises 111 feet to the flagpole. Floodlighting covers the exterior and tower, with six foot high initials on the tower openings glazed in white coal glass and lit from within. Internal floor area reaches 9 000 square feet with spiral sash balances on new windows and distinctive colour detailing.
The article traces Horsham’s growth into a regional trading hub on the Melbourne-Adelaide line, noting expanding street activity, new buildings, and railway developments. It highlights increased business branches, residential growth, and rising valuations as signs of sustained prosperity in the Wimmera town.
A fragmented historical note outlines a society linked to various regions and groups. It mentions origins in Victoria, Wales, and New Zealand with references to “Assistance Sections,” religious or cultural orders, and a broad network of committees. The text is garbled, but indicates formation, structures, and a roster of named entities without coherent narrative.
The Society offers loans up to 70 percent of valuation on approved Horsham residential securities. Loans cover houses to be built or purchased and mortgage payoff. The plan combines life assurance with home finance, ensuring no forced sale on breadwinner death. One monthly payment covers principal interest and premiums, with repayment up to 25 years. Numerous loans completed and ongoing inquiries.
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