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; AJ)^BB^SEBpi|ts^Jis classes will each &fe;|falr;V r • rapport lading " Jntipjeelbj. \1» 5 given, with a desire tp acquire ft>r the their gold^^^thetid large] or small quantitiee, suck catfi be ascertained ady^^^.^il'b^rmade upon any Gold i h e PffiPPle P*coinage. ;.• •. ~.v - '. ~- -,"- ;.?^."-'->" ; ■.- ff-A~;. .- w l' <- ?th/ Prpnioters that this : BariV ehall purchase Crold,: but' fnerely be prepared t<^make advancesiVpon it ! until realhecf, in the same mariner that it will beready to do npoa v: Woblj Grain, or other produce. "".'- v : ---~;. ■- -';!.■;. ■;.- ;./• .-_•■:., ■:ifth. The aaiotrat of Nevr Zealand.Money in the hfsnde of the three Banfes from Austra-, lia trading in the Cplpny.pn the. 9\it, Decembier last, as furaiebe&'to;, the Government, appear 7 thus, I without numbers •— =•-■'■ Deposits. CircalatiPri. Total. i Bnioßf Bank of ■ ■£. ■ £. £. ! Australia... J870,000 123,425—993,42$ J Bank of New '. ' * , . ' South Wales 560,000 104,849—634,849 Bank of Aus- ~ . tralasia ... 198,000 38,962—231,962 ; Showing a total of 1,590,236 or nearly two millions oj money belonging & ■ colonists entrusted to. Board? of Direc com in i Melbourne or Sydney to control or manipulate \as it may pleasie their Pastes j or as it may be convenient for the good of commerce vini Yjc- : toria or New South Wales ? or for the benefieia] regulation of their exchange bpefatidns in those Colonies. ; Bth. The Promoters, in placing the foregoing facts before the people of this t desire to point out the very great disadvan- ! tages that colonists are sure to labor uaderibyt ; lending—ar lather giving—such a of money as , stated above to foreign to .be lent back to the people here at very high I rates of interest, and &i most arbitrary con- ' ditiorie. They therefore have no hesitation in suggesting the prudence and wisdom of'the j colonists keeping within their own domain ' the absolute control of their own njoneys $ as by so doing they will most effectually destroy the risk of future monetary disturbances, which they have had on more thab one t occasion to deplore in' the oast/ brought about solely by some crisis , that has occurred in one or other ot the Auetralian Colonies, where the real interests of the foreign Batok most strongly.take root. 9th. It has been determined by the Promoters that the first issue of 200,000 Shares shall be conducted- by Committees, to be ; appointed severally ih the chief city .fa each ' Province ; : aad no shares wilt be given or reserved to the Promoters y but each member, of the Provisional Committee is willing to become a subscriber for the number of shares standing opposite to his name. "* ; loth. It is proposed at the issue of Shares 1 above referred to that 5s per share be paid on application; that ; 10s per Share be paid on Allotment; that a Call of ss; per Share ba made and payable two months after Allotment ; that a Second Call of 5s per Share be made and payable Jour months after Allotment ;.and that a Thud Call of 5s per Share be made and payable six months. after Allotment—making together #09 paid up per Share, No further Call to be made within twelve ' months of the Back first commencing business in Dunedin; after which future Calls will not exceed 5s per Share, 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 the amount of their Shares,-the same as the Other Ban&. ' " " ." ..- : y - 12th. As a thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending " The Colonial Bank of New Zealand" to the support of all Colonists, having the real welfare of New Zealand at heart, tuch an Institution is much wanted at the present time, and as the development of the Colony proceeds, its* usefulness will also increase and be more and more appreciated, both as an inyestmehl! for tfie savings of the people and as a useful Bank. Judging froan the influence and sound experience possessed by the protaoting Members of Committee, it is certain that no.similar Icstitution has ever yet been laurched in the Southern Hemisphere under better auspices. Applications for Shares will now be received at the Temporary Offices of the Bank, Highstreet (late where Forms of Application .and full information can be obtained. Messrs. Stewart and Gbw, and Bobert Grigor, Agents it Balclutha, will receive applications. FORM OF APPLICATION FOB SHABES. Date 1874. i TO'THE PROVISIONAL COMMITTEE Off 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 I paid Shares, of number that may be allotted to mc, and I further agree fo subscribe to the Articles of Association vben required to do so. I am, Gentlemen, 1 Yeurstruly, Signature..... Name in fu11............... ' Occupation 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;:-,, ■. .-. ~--■:. ; ; ......i.4.;- .•...■■; .;;.;-. QUEEN'S LIVERY STABJLEa/ GREAT KING-STREET. (Entrani»alsoby George-street^-between AC and T. Inglis , and! Susies Hotel> W. BACON &. SONS,;. Proprietors. Buggies and Saddle Horses on hire at lowest rates. . Wedding \ \ - Commercial Travellers fpuad with horses and. - traps—long « short journeys. r ,: Horses and Harness bought android , on com- -- - ; - ■"-.- '"^■-• xasßJßjte»9."."• -!i-J"-- ".v , ";-.-, ',^ : ,',.'.'; New and ee(»ndhMd Buggies, Saddlee, etc., on sale or exchange, Eirst-class Livery Accommodation. '.''■■. WELL P' A:^R-KCEtfltOß W 'JS"R V, *.■ '''"'-■■ ' '•^ra^--;'i' , ' ."■' ■ ; - '■'.': O Sharebroker t Lsnd, Eetate, and General' ■' ■ '"' ■->.' Commission Agent, --MT «'•%■ ; No. 1 Chambers; Rrh^

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https://paperspast.natlib.govt.nz/newspapers/CL18740716.2.20.6

Bibliographic details

Clutha Leader, Volume I, Issue 2, 16 July 1874, Page 4

Word Count
915

Page 4 Advertisements Column 6 Clutha Leader, Volume I, Issue 2, 16 July 1874, Page 4

Page 4 Advertisements Column 6 Clutha Leader, Volume I, Issue 2, 16 July 1874, Page 4

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