Page 4 Advertisements Column 2

Evening Star, Issue 5760, 25 August 1881, Page 4

PBOSPECTUS. LITE OUAUDIAN TKUST AND EXECI• u TO lIS COMPANY OF NEW ZEALAND (LIMITED). To lie Incorporated under "The Joint Stock Companies Act, IS'JO," and under a Special Act of the New Zealand Parliament. Capital ... ~~~ ... £IOO,OOO, In 20,000 Shares of £"> each, Payable Half-a-crown on application; Half-a-crown on allotment; and the balance as may be required, at intervals of not les.3 than three months. It is intended not to call up more than £1 per Share, Provisional Committee : Hon. "W. H. Keynolds.Montecillo Captain "\V*. Baldwin, J.P., Dunedin A. Bartleman, Esq., Dunedin John Bathgate, Esq., The Glen Kobcit Burns, F.K.0.5.E., Dunedin Alex. Burt, Esq., J.P., Dunedin Daniel Campbell, Esq., Dunedin Henry Clarlf, Esq., J.P., Clarksville George L. Donniston, Esq., Dunedin John Douglas, Esq., Mount Koyal Dr Douglas, J.V., Frankton Henry Driver, Esq., M.H.K.. J.P., Eoslyn James Green, Esq., J.P., Blue.skin James Hazlctt, Esq., J.P., Dunedin W. J. M. Larnach, Esq., C.M.G., Dunedin Henderson Law, Esq., Danedin R. A. Lawson, Esq., Dunedin Alex. K. Livingston, Esq., Dunedin John Macfarlanc, Esq., Dunedin James Marshall, Esq., Dunedin Gilbert O. Matheson, Esq., Dunedin Hugh J. Maclean, Esq., Dunedin John Mitchell, Esq., Dunedin W. G. Noill, Esq., Dunedin Kobert Taterson, Esq., J.P., Dunedin Keith Kamsay, Esq., J.l\, Dunedin C. S. Beeves, Esq., J.P.. Dunedin John lUi.l, Esq,, Eldeinlio W. O. Koberts, Esq., J.P., Dunedin W. lloyse, Esq., Dunedin Captain Kobert A. E. Scott, R.N., Opoho W. D. Stewart, Esq., M.H.R., Dunedin George Turnbull, Esq., J.P., Dunedin "With power to add to their number. Mu Bathgate, Convener. Bankers : The Colonial Bank of New Zealand. The Provisional Committee shall, so soon as the allotment of shares has taken place, appoint seven of their number to act as Provisional Directors until the first general meeting of the shareholders, to bo held within four months after the registration of the Company, when the Directors to hold office in terms of the Articles of Association shall bo elected by the shareholders, The primary object for which it is proposed to establish the Company is : The administration of estates by the Company, as Trustee and Executory soas to obviate the danger of misapplication of trust funds, and the inconvenience arising from the death or removal of Trustees nominated under a settlement. As the Land Transfer Act holds Trustees to be absolute owners, it Is advisable, for the complete protection of beneficiaries, that real estate for trust purposes should be vested in the Company. It is also intended that the Company shall have power to act as— Trustee in Bankrupt and Insolvent Estates, Attorney for the Management of Property belonging to persons who desire to delegate such management, either on account of absence from the Colony or otherwise ; Committee for Lunatics ; Guardian for Infants; and generally in the- transaction of all Agency business, financial or otherwise ; Arbitrator or Umpire in tlie settlement of disputes; and as Valuator.

A leading feature in tiic conduct of the Company's business will be that all charges against clients will he h.y commission, regulate*! by a table of rates, thus removing all ground of complaint on the- score of heavy legal costs. Tu is expected that the Directors wiil have no difficulty in carrying on the business of the Company, in the meantime, without other professional assistance than the services of an ellicient secretary ; but it is intended, whenever it has increased so as to warrant the employment of a solicitor a3 manager, at a fixed salary, the appointment will be open for competition, and a gentleman of the highest legal attainments selected. At the same time, where constituents direct that their own law adviser should be consulted, their instructions will bo duly given effect to. The election of Directors and Auditors will lie under the control of the Shareholders. The transactions of the Company being strictly confined to business remunerated by commission, no speculative risk will be incurred by tlie Shareholders. Similar Companies have been in operation for many yeaiy at the Cape, and more recently in Adelaide and Melbourne. They have been uniformly successful, as meeting an acknowledged social want. The shares of the Victorian Company stand now at a considerable premium. As business has already been promised to the Company whenever it is formed, there is every reason for anticipating that its shares will prove a safe and lucrative investment. No agreements have been entered into by the The Memorandum of Association may beseen at the oflice of the Convener of Provisional Committee, 8, Colonial Bank Buildings, Duncdin, from whom, from any member of the Committee, from any Broker, or at any Branch of the Colonial Bank, Forms of Application, with every information, may be obtained.

P R OS? E G T U S Gi' TiiK TVTNEDIN FINANCE, LOAN, AND U AGENCY COMPANY (LIMITED). Capital, L 250,000, in 00,000 Shares of L 5 each ; of which it is proposed to call up LI per share, payable as follows :—ss per share on application, 53 per share ou allotment, 5a one month after, and 5s two months after allotment. First Board or Directors : Robert Wilson, Esq. John Logan, Esq. E. C. Strode, Esq.. E. E. C. Quick, Esq. Daniel Brent, Esq. -lames Scoular, Esq. li. J. "Walter, Esq. B. Sicvwright, Esq. Bankers : The Bank of Australasia, Solicitors : Messrs Sievwright and Stout. General Manager: Mr Kichard If. Leary. This Company has been projected for the purpose of carrying on a General, Financial, Trust, Loan, and Agency business, and the Directors have taken power in the Articles of Association to act as Trustee and Executor under wills, and generally to act in any fiduciary The operations of the Company will include the receipt of deposits, bearing interest at current iates ; the investment of its funds upon mortgage of properties for fixed periods and otherwise, according to arrangement; and general loan, financial, and commission agency business. The Directors have entered into an agreement with the Permanent Building Society of Otago to take over its investments and deposits as from the Ist March last, having satisfied themselves of the genuineness of the Society's balance-sheet, and of the value and profitable character of its securities and investments, amounting to LSB.BSG 7s fid, and which are taken over at that price. The profits made by the Society since March 1, 1881, will be transferred to the Company. The Shareholders in the Jinikling Society are to have the privilege of either taking up Shares in the Company at /wr to the value of their interests in the Society or depositing the amount thereof with the Company for twelve months. As it is anticipated that a large number of the, shares will be subscribed for by members of the Building Society, and only a small proportion v/ill be available for allotment to tlio general public, the Directors Ir.ve determined to close the share list at an early dale. Applications for shares will bo received by the (ieneial Manager of the Company, at the office of the Permanent Building Society, Colonial Bank Buildings, Dunediu. The share list will be closed on August 31. Wl-v CONTINUE TO PAY PENT, WITHOUT Si'tJi'RfW ANY PKOSPECTIVE ADYANTAUJ-: THiMEUY? FWrc COMMERCIAL PROPERTY AND JL I/INANCii! COMPAK7 (Limited), ipg-ksa it a special feature of its business to provide tup necessary means to enable persona to erect or acquire property, either for dwellings or business purposes, at the smallest possible cash outlay to Ijoirowers, and the repayments of principal and interest can be adjusted to meet the circumstances of persons of various means. Full inff,r.r ; a!.io:r supplied at the Offices, Moray place, Dunedin, or ai any of the b;T,uchea. Money received at call or for food periods at advantageous rates. D, Z BLAOKE, Manager.