DUNEDIN ADVERTISEMENT 8. PROSPECTUS ; -v ' Off mHE 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 as follows :— . Five Shillings on application ; 10s. on allotment; 59. two months after allotment ; ss. four months afcer allotment; ss. six months after allotment; which will amount to £300,000. paid-up Capital at end of six months. No further call will be made for six months after the Bank is first opened in Dunedin, and future calls will not exceed ss. per Share, to be made if require), at intervals of not less than three months thereafter. Pbopssional Committee:— The Hon. Mathew -Holmes W. A. Tolmie, M.H.R. R. Oliver, M. P.C., Oliver and Ulph Dr. Webster, M.P.C, Runholdec J. M. Ritchie,- Russell, Ritchi*, and Co. Chs. Nichols, Dalgety, Kichois, and Co. J. L. Butterworth Bros Robert Wilsen, R. Wilson and Co. Keith Ramsay, Jetty-street George M. Bell, Runholder, Southland John Cor mack, of Morrison and Com any, Blue Store Captain J. T. Boyd B. C. Haggitl, Provinci9l Solicitor Alexander Burt, A. and T. Burt -C. S. Reeves, M.P.C. James Marshall, Marshal and Copeland .lames Copeland, Cumberland- street W. J. M. Lamacb, Guthrie and Larnach Daniel Campbell, Great King-street 11. S. Fish, jun., Princes street W. M. Hodgkins, of Howarth and Hodgkins 1 R. H. Leary, High-street J. H. Harris. Solicitor Wm. Fra*er, of Strode and Fraser, Runholders J. Logan, Runholder Walter Miller, Runholder J. A. Conn 1 , of Connell and Moodie *• W. D Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Faltoa J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson , W. Gellibrand, Runholder D. F. Mom, Barrister -at-law W. J. Burton Burton Bros^ J. R. Jones, Harbour Steam Company < harles Zesle, Rattray street James Hazlett, Merchant, Clyde John Reid, Elsderlie, Oatmaru Robert Gillies, Gilles and Street Daniel Reid, M.H.R. C. E. Howden, Distiller, Cumberland-st. Charles Reid, Princ s street . R Glendining, Ross and Glendining Dr. Edward Hulme John Douglas, Runholder, Mount Royal J. T. Wrighc, Wright, Stephenson and Co I G. P. Reid, Stafford street R. Paterson, Paterson anil M-Leod R. T. Robertson, Distiller, Rattray street James Shand, M.P.C. Wm. Barron, Barron, Grant, and Co. ' Wm. Park, Park aud Curie George Elliot Barton, Farrister at Law W. D. Murieon, Editor • Daily Times ' Charles De V. Teschemaker, Runholder, Taipo, Oarnaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M-Neil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, CargUls and M'Lean H. J, Walter, Manse-stteec R. K. Murray, Rattray- street James Black, Black and Thomson Marcus Hume, Dunedin James Allan, M.P.C, East Ta'eri William Snow, Outram, West Taieri A. J. Smyth, Contractor Thomas Birch, Merchant Ed. Herbert, Lvwrence Robert Pritcbard, Arrow Walter Inder, Naseby M. J. Malaghan, Qneenstown Job Wain, Masse-street James Fulton, R.M. John Scanlan, Scanlan Brothers, Prince- » street % Williwn Kennedy, Rattray- street The Hon. Job* M-Lean, Redcastle Oamuru Edmund Smith, Dunedin Savings Bank Gerrge Proudfoot, Railway Contractor C. W. Flexrnan, Wool Merchant John M'Gregor, C.E. W. H. Cut ten, late Commissioner of c rown Lands John Reid, of Corner Bush, Merton Henry Orbell, Runholcer, The River, Waikouaiti T. A. Clowes, of Ashcroft, Spence, & Co., Oarnaru Francis M'Diarmid, Woodside, Weßt Taieri Donald Borrle, West Taieri 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 the first step, it is proposed to offer to tbe 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, 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 with nit having 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 be in Dunedin, and that a General Manager of high professional standing sbalT he 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. applied for to warrant the commencement of \ business, the Head Office will be opened in Dunedin, in suitable Premises '-.alraMy-^ecpred-.-^dercbf^irv and thereafter Brancies willgiauUiaUy.be opened ; in tbe^ Chief Centres of ttettlen^t ttoopghoutthe^Jolony.^ . ''■ i j: sth. It {-wilL/be'.the'Njl^ moters of this Bank toTnd and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CL18740709.2.38.5
Bibliographic details
Clutha Leader, Volume I, Issue 1, 9 July 1874, Page 6
Word Count
867Page 6 Advertisements Column 5 Clutha Leader, Volume I, Issue 1, 9 July 1874, Page 6
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.