Article image
Article image

PUBLIC NOT r 4th. As soon as a sufficien shall have been applied for t > mencement of business, the ] opened in Dunedin, in sultab i scoured under offer, and th - : will gradually be opened in s i of Settlement throughout th( , i sth. It will be the chief ah f : of this Bunk to aid and conse I esfs of the whole ccmmunit The Mercantile, Trading, Pas Mining, Artizan, and Labor! have fair treatment and supf * nial Bank. To the Mining I f ; tention will bf given, "with 1 j for the Miners the Mint va I whether in large or small qu - 1 such value can be ascertainei will be made upon any Gold , purpose of coinage. 6th. It is not intended by this Bank shall purchase G( prepared to make advance; j alised, in the same manner tl to do upon Wool, Grain, or c 7th. The amount of New , the hands of the three Bai trading in the Colony on t last, as shown by their severa to the Government, appear ing odd numbers Deposits. ( Union Bank of Australia ... £870,000 ; Bank of New * South Wales... 560,000 Bank of Austral--3 asia 193,000 £ Showing a total or nearly two millions of nu 3 colonists entrusted to Boar I Melbourne or Sydney to cor 3 as it may please their tastes j convenient for the good of toria or New South Wales ; c regulation of their exchange < Colonies. Bth. The Promoters, in ph facts before the people of tin point out the very great ( colonists are sure to labor un rather giving—such a large stated above to foreign Bank to the people here at very hij and on most arbitrary condit fore have no hesitation in sr dence and wisdom of the within their own domain thi of their own moneys, as by s most effectually destroy the r > tary disturbances, which the; than one occasion to deplore i about solely by some crisis tl one or other of the Australia the real interests of the fo strongly take root. 9th. It has been determine that the first issue of 200,0( conducted by Committees, severally in the chief City i and no Shares will be given Promoters ; but each membei Committee is willing to becoi the number of Shares standii 5 name.* 10th. It is proposed, at th above referred to, that 5s pei application ; that 10s per £ allotment ; that a call of 5s j and payable two months that a second call of 5s pe and payable four months aft< that a third call of 5s pe and payable six months i making together 30s paid u further call to be made with of the- Bank first cominei Dunedin; after which futi exceed 5s per Share, nor be intervals than three months 11th, The Act of Incorpor will be so framed as to limit Shareholders to twice the Shares, the same as the othei 12th. Asa thoroughly Co the Promoters have much pi recommending The CoLOIfD Zealand to the support of a the real welfare of New Zeal an institution is much wani time, and as the developmei Eroceeds, its usefulness will e more and more appreciate vestment for the savings of t a useful Bank. Judging fron sound experience possessed Members of Committee, it

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18740508.2.2.3

Bibliographic details

Evening Star, Issue 3497, 8 May 1874, Page 1

Word Count
546

Page 1 Advertisements Column 3 Evening Star, Issue 3497, 8 May 1874, Page 1

Page 1 Advertisements Column 3 Evening Star, Issue 3497, 8 May 1874, Page 1