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NEW ADVERTISEMENT. PROSPECTUS OF THE KAITANGATA BUILDING & INVESTMENT SOCIETY. r» Provisional Directors : MR P. S. STODDART „ JOHN M'FARLANE „ Wm. PATERSON „ ADAM KING „ JOS. POTTER „ A. N. HYSLOP „ AND. CARSON „ H. M'FARLANB „ R. MACDONALD „ W. AITCHISON „ W. SHAND „ W. HODGE „ D. M'KINLAY „ ALEX. STEWART" „ CHAS. TAYLOR „ GEO. POPE „ FRED FTJELL „ JOHN S. TELFER With power to add to their number. Bankers : NATIONAL BANK OF NEW ZEALAND. Secretary pro tern. : G. G. SANDISON. SOCIETIES of this kind are now so common , and the good they have done in settling th« country, and inducinghabits of saving surplus earnings among the people, especially working men, is so patent to every one in the Colony, that it is unnecessary to recapitulate the advantages of such an association. In endeavoring to institute a Building Society in this district, the promoters do not depend entirely on the Township of Kai* tangata, but merely consider it as the centre of a district which is rich in produce, and every year increasing in wealth and population. It is confidently expected that the settlers of Inch Clutha, Wangaloa, Tualcitoto, <fee, will readily come forward and assist this further movement towards progress by taking shares in the proposed society. A Building Society in Xaitangata will be eminently advantageous to bona fide shareholders, there being few capitalists in the district going into the thing as a safe sinking investment, thereby drawing profits and not; contributing anything towards the first aim and end of such a Society, viz., a Mutual Benefit Savings and Loan Society. Applications have been already received for 720 shares from 72 applicants, and consequently the success of the Society is a certainty. The shares will be Twenty-five Pounds (£25), to be raised by a monthly subscription of Three Shillings (3s) per share ; entrance money, Two Shillings (2s) per share. Applications for Shares on the annexed form, accompanied with the entrance money to be sent to the Secretary at Xaitangata, or the National Bank of New Zealand, BaK clutha. $W The Share List will re.ssain open until lOtn of a»ne. FORM OF APPLICATION FOR SHARES. To the Committee of the "Kaitangata Building and Investment Society," Gentlemen, I request you will allot to me, astd register my name as a subscriber for Shares in the above Society, for which I. enclose the Entrance Fee of Two Shillings per share to be applied towards the preliminary expenses. Name Address: Occupation Date „ No. of Shares Entrance Fee, at 2s. each, £ ; ;.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BH18750518.2.6.5

Bibliographic details

Bruce Herald, Volume VIII, Issue 701, 18 May 1875, Page 4

Word Count
407

Page 4 Advertisements Column 5 Bruce Herald, Volume VIII, Issue 701, 18 May 1875, Page 4

Page 4 Advertisements Column 5 Bruce Herald, Volume VIII, Issue 701, 18 May 1875, Page 4