Page 3 Advertisements Column 2

Lake Wakatip Mail, Issue 834, 12 June 1874, Page 3

PROSPECTUS |OF COLONIAL BANK OF NEW ZEALAND. CAPITAL £2,000,000 lii 40u,d00 Shares of £5 tuca. To be offered to the Public by a lirst issue of one half, via., 200,000 shares, To be called up as follows i Five Shillings on application j 10s on allotment; 5s two months after allotment; 5s four months after allotment; 5s 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 lirst opened in Dunedin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of uot less than three months thereafter. PROVISIONAL COMMITTEE: The Hon. Matliew Holmes W. A. Tolmie, M.H.K. R. Oliver, M.P.C., Oliver and Ulph Dr. Webster, M.P.C., Kunholder J. M. Ritchie, Russell, Ritchie, and Co Charles Nichols, Dalgety, Nichols, and Co James Kattiay, Dalgety, Nicliols, and Co J. L. Butterworth, Lutterworth Bros. Hubert Wilson, Li. Wilson and Co Keith Ramsay, Jetty-street George M. Bell, Kuuholder, Southland John Cormack, of Morriscn and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. lteeves, M.P.C. James Marshall, Marshall and Copeland Jamec Copeland, Cumberland-street W. M. J. Larnach Guthrie and Larnach Daniel Campbell, Great King-street H. S. Fish, junr., Princess-street W. M. Hodgkins, of Ho<varth and Hodgkins R. H. Leary, High-street J. H. Harris, Solicitor Win. Fraser, of Strode and Fraser, Runholders J. Logan, Kunuolder Walter Miller, Kunholder J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J.S. Webb, Webb and Fulton J. Brown, senr. C. K. Chspman, Barrister The Hon. James Paterson W. Gellibrand, Run holder D. F. Alain, Barrister-at-LaW W. J. Burton, Burton Bros. J. H. Jones, Harbor Steam Company Charles Zeile, Rattray-street James Hazlett, Merchant, Clyde John Keid, Elderslie, Oamaru Kobert Gillies, Gillies and Street Donald Reid, M. H. K. C. R. Howden, Distiller, Cumberland-street Charles Reid, Princes-street R. Glendining, Ross and Glendining Dr. Edward Hulme John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stephenson, and Co G. F. Reid, Stafford-street • R. Paterson, Paterson and M'Leod R. M. Kobertson, Distiller, Rattray-street James Shand, M.P.C. Win. Barron, Barron, Grant, and Co Wm. Park, Park and Curie George Elliot Barton, Barister-at-Law W. D. Murison, Editor Daily Times Charles De V. Teschemaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor / Horace Bastings, M.P C. W. North, North and Scoular Hugh.M'Neil, Briscoe an.i Co John Batlig-ite, R.M. E. B. Cargill, Cargills and M'Lean H. J. Walter, Manse-street R. K. Murray, Rattray-street James Black, Black and Thomson Marcus Hume, Dunedin James Allan, M.P.C., East Taieri William Snow, Outram, WestTaien A. J. Smith, Contractor Thomas Bii'ch, Merchant Ed. Herbert, Lawrence Robert Pritchard, Arrow Walter Inder, Naseby M.J. Malaghan, Queenstown Job Wain, Manse-street Jame9 Fillton, R.M. Joim Scanlan, Scanlan Brothers, Princes-street William Kennedy, Rattray-street The Hon. John M'Lean. Redcastle, Oamaru Edmund Smith, Dunedin Savings Bank George Proudfoot, Railway Contractor C. W. Flexmau, Wool Merchant John M'Gregor, C.E. W. H. Cutten, late Commissioner of Crown La*ds John Reid, of Corner Bush, Meiton Gilbert Matheson, of Matheson Bros., Dunedin Hei ry Orbell, Runholder, the River Waikouiti With power to add to their number. BANKERS : The Union Bank of Australia The Bank of Australasia. Ist. The great want of a thoroughly Colonia Banking Institution for the whole Colony of New Zealand having been long felt, it has been determined by the Piovisional 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 tho respective populations of each Province, reserving the other half to be disposed of hereafter, as the 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 Dunedin, and that a General Manager of high professional 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 of the whole Institution. 4th. As soon 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 of 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 quantities, 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 merely be prepared to make advances upon it until realised, in the same manner that it will be ready to do upon Wool, Grain, or other produce.. 7 th. The amount of IfeW Zealand Moliey in the hands of the three Banks from Australia trading in