Page 4 Advertisements Column 3

Evening Star, Issue 5762, 27 August 1881, Page 4

PROSPECTUS. PROSPECTUS. The guardian trust and executors COMPANY OF NEW ZEALAND (LIMITED). To be Incorporated under “The Joint Stock Companies Act, 1800,” and under a Special Act of the New Zealand Parliament, Capital £IOO,OOO, In 20,000 Shares of £o each, Payable Half-a-crown on application; Half-a-crown on allotment; and the balance as may bo required, at intervals of not loss than three months. It is intended not to rail u]p more than £1 per Share, Provisional Committee : Hon. W. H. Reynolds, Montecillo Captain W, Baldwin, J.P., Dunedin A. Bavtlcman, Esq., Dunedin John Bathgate, Esq., The Glen Robert Burns, F.R.0.5.E., Dunedin Alex. Burt, Esq., J.P., Dunedin Daniel Campbell, Esq., Dunedin Robert Chapman, Esq., J-B-, Dunedin Henry Clark, Esq., J.P., Clarksville George L. Dcnniston, Esq., Dunedin John Douglas, Esq., Mount Royal Dr Douglas, J.P., Frankton Honry Driver, Esq., M.H.R.. J.P., Koslyn James Green, Em., J.P., Ph'eskin James Haslett, Esq., J.P., Dunealn W. J. M. Larnach, Esq., C.M.G., Dunedin Henderson Law, Esq., Dunedin R. A. Lawson, Esq., Dunedin Alex. R. Livingston, Esq., Dunedin John Macfarlane, Esq., Dunedin James Marshall, Esq,, Dunedin Gilbert O. Matheson, Esq., Dunedin Hugh J. Maclean, Esq., Dunedin John Mitchell, Esq., Dunedin W. G. Neill, Esq., Dunedin Robert Paterson, Esq., J.P., Dunedin Koith Ramsay, Esq., J.P., Dunedin C. 8. Reeves, Esq,, J.P., Dunedin John Reid, Esq,, Elderslio W. C. Roberts, Esq,, J.P., Dufiedln vr. Royso, Esq., Dunedin Captain Robert 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. Mr Bathgate, Convenor. Bankers ; The Colonial Bank of Now 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 be held within four months after the registration of the Company, when the Directors to hold office in terms of the Articles of Association shall be 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 Executor, so as 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 tho 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 the settlement of disputes ; and as Valuator, A leading feature in tho conduct of the Company’s business will be that all charges against clients will bo by commission, regulated by a table of rates, thus removing all ground of complaint on the score of heavy legal costs. It is expected that tho Directors will have no difficulty in carrying on the business of the Company, in tho meantime, without other professional assistance than the services of an efficient secretary; but it is intended, whenever it has increased so as to warrant tho employment of a solicitor as 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 constitncnts direct that their own law adviser should be consulted, their instructions will bo duly given effect to. The election of Directors and Auditors will bo 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 the Shareholders. Similar Companies have been in operation for many years at the Cape, and more recently ip Adelaide and Melbourne, They have been uniformly successful, as meeting an acknowledged social want. The shares of tho Victorian Company stand now at a considerable premium. As business has already been promised to tho 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 Company. The Memorandum of Association may bo seen at tho office of the Convener of Provisional Committee, 8, Cclonial Bank Buildings, Dunedin, 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.

PROSPECTUS OK THE Dunedin finance, loan, and AGENCY COMPANY (LIMITED). Capital, L 250,000, in 50,000 Shares of L 5 each ; of which it is proposed to call up LI per share, payable as follows 5s per share on application, 5s per share on allotment, 5s one month after, and 5s two months after allotment. First Board of Directors ; Robert Wilson, Esq, E. 0. Strode, Esq, Daniel Brent, Esq. H. J. Walter, Esq. John Logan, Esq. K. E. 0. Quick, Esq, James Scoular, Esq. B, Siovwright, Esq. Bankers: The Bank of Australasia. Solicitors : Messrs Sievwright and Stout, General Manager: Mr Richard H. 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 capacity, The operations of the Company will include the receipt of deposits, bearing interest at current rates ; 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 L 58,580 7s sd, and which are taken over at that price. The profits made by j the Society since March 1, 1881, will be transferred to the Company. The Shareholders in the Building Society are to have the privilege of either taking up Shares in the Company at par to the value of their interests in the Society or depositing the amount thereof with the Company for twelve mouths. As it is anticipated that a large number of the ■ shares will be subscribed for by members of tbo Building Society, and only a small proportion ] will be available for allotment to tno general public, the Directors have determined to close the share list at an early date. Applications for shares will be received by the General Manager of the Company, at the office of the Permanent Building Society, Colonial Bank Buildings, Dunedin. The share list will be closed on August 31. ♦TKwm aiPigawv/——bm—xMwwmmiiWCTSl WHY CONTINUE TO PAY RENT, WITH- ! OUT SECURING ANY PROSPECTIVE i ADVANTAGE THEREBY? The commercial property and FINANCE COMPANY (Limited), makes it a special feature of its business to provide the necessary means to enable persons to erect or acquire property, cither for dwellings or business i purposes, at the smallest possible cash outlay to | borrowers, and the repayments of principal and i interest can bo adjusted to meet the circumstances of persons of various means, j Full information supplied at the Offices, ! Moray place, Dunedin, or at any of the branches. Money received at call or for fixed periods at advantageous rates, D, E. BLAOKE, Manager,