This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.
PR O S P E <; T U OF THE COLONIAL BANK OF NEW ZEALAND. Capital £2.000,000 Ia 400,000 Shares of £0 each. To be offered to the Public by a first issue of one half, viz, 2U0.000 ."Shared, To be called up as foikn 's :—: — Five Shillings on application ; 10d on allotment ; 03 two months after allotment ; os four months after allotment; 53 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 12 months after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per share, to be made if required, at intervals of not less than three months thereafter. Provisional Commi:teb : The Hon Mathevv Holmea W. A. Tolmie, M.H.E. R. Oliver, M.P.C, Ohverand Ulph JJr Webster, M P.C, IlnnhoMer J. M Ritchie, Russell, Ritchie, and Co Charlea ISTiuholls, Dalgoty, Nichols, aud Co James Rattray, Dalgety, Nichols, and Co J. Hi. Batterworth, Butterworth Bros Robert Wilson, R. Wilson and Co Keith Ratmay, Jetty street George M. Bell, Runholder, Southland John Cormack, of Morrison and Company, Blue Spur Captain J. T. Boyd 3. G. Haygitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Keevea, M.P.C, James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnach, Gathrie and Larnach Daniel Campbell. Great King street H. S. Fish, Juar, Princes street W. M, Hodgkins, of Howorth and Hodgkins R. 11. Leary, High street J. H. Harris, Solicitor Wm Fraser. of Strode and Fraser, Runholders J. Logan, Ruuholdcr Walter Filler, Runholdcr J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, Sen C. R. Chapman, Barrister The Flon James Pateraon W. Gellibrand, Runholder D. F. Main, Barrister-at-Law W, J. Burton, Burton Bros J. R. Jones, Harbor Steam Company Cbarlea Zeile, Ratfcray-street James Hazlett, Merchant, Clyde John ReiH, Elderalie, Oamaru Robert Gillies, Chillies and Street Donald Reid, M.H.R. C. 11. Howden, Distiller, Cumberlandstreet Charles Reid, Princes-street R. Glenditiing, Ross and Glendining Dr E lward Hnlrae John Douglas, Uunholder, Mount Royal J. T. Wright, Wright, Stephenson and Co G. F. Reid, Stafford-street R. Paterson, Paterson and M'Leod R. M. Robertson, Distiller, Rattraystreet James Shand, M.P.C. Wm Barron. Barron, Grant, and Co Win Park, Park and Curie George Eliott Barton, Barrister-at-Law W. D. Murison, Editor Daily Times Charles l)e V. Teschemaker, Runholder, i Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M'Neil, BHhcoe and Co John Bathgate^R. M. R B. Cargill, Cargills and M'Lean H. J. Walter, Manse-street K. K. Murray, Rittray-street James Black, Black and Thomson Marcus Hume. Danedin James Allen, M.P.C., East Taieri William Snow, Outram, West Taieri A. J. Srn-vth, 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, K.M. John Scanlan, Scanlan Brothers, Princesstreet William Kennedy, Rattray-street The Hou 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 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 step, 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, on the basis of the respective populations of each Province, reserving the other half to be disposed of hereafter, as tha 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 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 Danedin, and that a General Manager of hi4t protessional 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 ot the whole Institution. 4th. As coon 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 already secured under offer, and thereafter Branches will gradually be opened in the Chief Centres of Settlement throughout the Colony. sth It will be the chief aim of the Promoters of this Bank to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, 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 be given, with a desire to acquire for the Miners the Mint value of their Gold, whether in large or small quanties, and until such value can be ascertained a liberal advance will be made upon any Gold deposited for the purpose of coinage. 6th. It is not intended by the Promoters that this Bank shall purchase Gold, but
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP18740512.2.23.4
Bibliographic details
Evening Post, Volume X, Issue 71, 12 May 1874, Page 4
Word Count
903Page 4 Advertisements Column 4 Evening Post, Volume X, Issue 71, 12 May 1874, Page 4
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.
Page 4 Advertisements Column 4 Evening Post, Volume X, Issue 71, 12 May 1874, Page 4
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.