Page 2 Advertisements Column 3

Thames Advertiser, Volume VII, Issue 1829, 2 June 1874, Page 2

. Bank ' . as it may please their tastes; or as it may be Convenient for the good of co'mmerce.in Victoria or New-South Wales; or for the beneficial regulation of their exohange operations in those Colonies. " Bth. The promoters, in placing the foregoing facts before'the people of this colony, desire to point out the very great (lis ulvantages that colonists are sure to labour under by lending or rather gmng«-such a large sum of money, as stated above to foieign./Banks, ;fco be lent back to the people here -at' very high rates of interest, aud ou most arbitrary conditions 'l'hey therefore have no hesitation in suggesting the prudence and wisdom of the colonists keeping witjiin their own domain the absolute control of'their own moneys'a3 hy doing so they will most effectually destroy the risk of future monetary disturbances, which they have had ou more than one occasion to deplore in the past,: brought about solely by some crisis that has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root, _ i 9th, It has been determined by the promoters, that the first issue of 200,009 shares shall be' conducted by committees, to be appointed; severally in the chief city in each province, and, no shares will be given or reserved to the promoters; but each member of the Provisional Committee is willing to become a subscriber for the number' of /shares standing opposite to his name.* t i 10th, It is proposed at the issue of shares above referred to that 5s per share be paid on application; ,that 10s per >shase be paid on allotment; that a call or 5s per share be made and payable two months after allotment ; that a second call of 5s pershare he made aud payable four months after allotment j and that a third call of .51 per share be made and payable sik months after allotment—making together 30s paid up per share. No further, call to be made wthin twelve months of the Bank first commenci <g business in Dunedin; after which fu'ure wlls will pot exceed. 5s per fhare, nor be made at shorter intervals than three months between each call. 11th The Act of Incorporation for this Bank will be so framed as to limit the liability of the shareholders .to twice th e amouiit of their shares, the saAe a-s'the other Banks. i 12th. As a thoroughly cjlouial institution the promoters have much pleasure in strongly recommending "Tim Coionhii Bank op New ; Zealand " to the support of all colouists having the real welfare of New Zealand at heart.; Such.aniinstitdtion ; is mubhiwanted at the pre-' sent time, and as the development of the Colony proceeds its usefulness will also increase and be more and more appreciated, both as an: investment for the stvings of the people, and as a useful Bank. Judging from the influence and sound experience possessed by the promoting members of committee it is certain that no. similar institution.has ever yet been launched in' the Southern Hemisphere under better auspices. A deputation of Provisional Directors will visit Auckland in a few days for the purpose of co-operating, with .a local Pro visional Committee.; Meantime forma of application fof 'shares may be obtained, and applications may be lodged with the Union Bank of Australia and Bank of Australasia. form of application fob sharks. Date. 1874. ; TO THE PROVISIONAL COMMITTEE. : OF THE COLONIAL BANK OF NEW ZEALAND Gentlemen,—l hereby make application for shares in the above company, and hand, you herewith the sum of £ , being the amount of 'Five Shillings per share deposit on the same; and I agree to take the said v ■ shares,' or any. less number that may be allotted to me, and I further agree to subscribe to • the articles: of association when re-' quired to do so. I am, Gentleman, ; ;; Yours truly, Signature i;!' ? Name in'Fu11......7 Occupation : j.,": >:■) i Address NO. ' ; 'Date received — . ; ; * The Provisional Committee have already subscribed among themselves for 25,475 shares, which they are prepared to take if allotted to them. . : Clothing, &o. i CASH : PALACE, RETIRING FROM THE RETAIL » i _ |. j J. COSGRAVE AND CO.!' GIVING , UP. their , RETAIL BUSINESS in Gfrahamstown. . 1 j i A'-L'B 1 1 ''• ; ! OJ j BOOTS; AND CLOTHING ■wili'beJheld AT THE j CASH PALACE, ALBERT-STREET, j j ' ! I ; ' SATIfI&AY, APBILj . \ i p,TJ >.U ")H Si a '-I,'\- \ j And will continue until the Entire Stooi i ig disDosed of.