Page 5 Advertisements Column 1

Press, Volume XXII, Issue 2749, 30 May 1874, Page 5 (Supplement)

Pnblic Notices. PBOSPEC TUS OF THE COLONIAL BANK OF NEW ZEALAND. CAPITAL £2,000,000. In 400,000 Shares of £5 each. to be offered to the public by a first issue of one-half, viz., 200,000 Shares, To be called up ns follows; — five shillings on application ; 10s on allotment ; 5s two months after allotment ; 5s four months after allotment: os six months after allotment; which will amount to £"00,000 paid-up Capital at end of six months. No further call will be made for twelve months after the Bank is first opened in Dunedin, and future calls will not exceed Bs per share, to b<? made, if required, at intervals of not less than three months -thereafter. Provisional Committee. The Hon Matthew Holmes W. A. Tolmie, M.TI.R. B. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.C., Runbolder J« M. Ritchie, Russell, Ritchie, and Co Charles Nichols, Dalgety. Nichols, and Co James Rattray, Dalgety, Nichols, and Co J. L. Butterworth, Butterworth Bros Robert Wilsor. R Wilson and Co Keith Bamsay, Jetty street George M. Bell, 1; in* holder, Southland John Cormack, of Morrison and Company, Blue Spur Captain J. T. Boyd R. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnacb, Guthrie and Larnach Daniel Campbell, Great King street H. S. Fish, Jun., Princes street , W. M. Hodgkins, of Ho worth and Hodgkins B. H. Leary, High street J. H. Harris, Solicitor Wm. Fraser, of Strode and Fraser, Run holders J. Logan, Runholder Walter Miller, Runholder J. A. Connel, of Counel and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, Sen. C. E. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. F. Main, Barrister-at-Law W. J. Burton, Burton Bros. j J. R. Jones, Harbour Steam Company Charles Zeile, Rattray street j James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru I Robert Gillies, Gillies and Street Donald Reid, M.H.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Glendiniog, Boss and Glendining Dr Edward Hulme John Douglas, liunholder, Mount Royal J. T. Wright, Wright, Stephenson, and Co G. F. Reid, Stafford street B. Paterson, Paterson and M'Leod R. M. Robertson, Distiller, Rattray street James Shand, M.P.C. Wm. Barron, Barron, Grant, and Co. Wm. Park, Park and Curie George Elliot Barton, Barrister at Law W. D. Murison, Editor " Daily Times" Charles De V. Teschemaker, Runholder, Taipo, Oamaru David Proudf oot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Bcoullar Hugh M'Neil, Briscoe and Co. John Bathgate, R.M. E. B. CargUl, Cargills and M , Lean H. J. Walter, Manse street B. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin James Allan, M.P.C, East Taieri William Snow, Outram, West Taieri A. J. Smyth, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Inder, Naseby M. J. Malaghan, Queenstown Job Wain, Manse street James Fulton, R.M. John Scanlan, Scanlan Brothers Princes street WiUiam Kennedy, Rattray street The Hon John M'Lean, Redcastle, Oamaru, With power to add to their number: Bankers: The Union Bank of Australia The Bank of Australasia. Ist. The great want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand having been long felt, it has been determined by the Provisional Committee to supply the same by placing before the public the present carefully considered scheme, with the full confidence that it will meet with very general •support. 2nd. As a first Btep, it is proposed to offer * to the people of this Colony one half of the nominal capital, or 200,000 shares, in fair proportions to each of the Provinces throughout New Zealand, and on* the basis of the respective populations of each Province, reserving the other half to be disposed of hereafter, as the rapid progress of the Colony may demand and shareholders may decide; but in no instance will any of the remaining shares be offered for sale out of the Colony ■without hnving been first offered to the Colonial holders, nor will any but a New Zealand Register be kept. 3rd. It is intended that the Head Office of the Bank shall he in Dunedin, and that a General Manager of high professional standing shall be appointed to guide the operations of the Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise with the General Manager, and generally watch the interests of the whole Institution. 4th. As soon as a sufficient number of Shares shall have been apptted for to warrant the commencement of business, the Head Office will be opened in Dunedin, in suitable Premises already secured nnder offer, and thereafter Branches will gradually be opened in the Chief Centres of Settlement throughout the Colony.' sth. It will be the chief *im of the Promoters of this Bank to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, i Pastoral, Agricultural, Mining, Artizan, and Laboring classes will each have fair treatment and support from the Colonial Bank. To the Mining Interest special attention will Ibe given, with a desire to acquire for the Miners thefMint value of their Gold, whether 'in large or small quantities, and until such value can be ascertained a liberal advance wiU be made upon any Gold deposited for the purpose of coinage. 6fcb. It is not intended by the Promoters that this Bank shall purchase Gold, but merely be prepared to make advances upon it until realised, in the same manner that it will be ready to do upon Wool, Grain, or other produce. 7th. The amount of New Zealand Money in the hands of the three Banks from Australia trading in the colony on the 31st December last, as shown by their several •returns furnished to the Government, appear thus, without giving odd nnmbers* — CirculaDeposita. tion. Total. £ £ £ Union Bank of Australia ... 870,000 123,425 993,425 Bank of New South Wales 560,000 104,849 664,849 Sank of Australasia. 193,000 38,962 231,962 Showing a total of ... £1,890,236 or neatly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes,- or as it •lay be convenient for the good of commerce in Victoria or New South Wales; or for the beneficial -regulation of their ecrehango opera, toons in those Colonies,