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AND NEW ZEALAND LIMITED HE PROMOTERS of The London and NeW Zealand Bank Limited wish to advise the public that this Bank is the only new Bank granted a charter by the New Zealand Legislature. This was effected by special Act of Parliament dated 6th October, 1928, and entitled "The London and New Zealand Bank Limited Act, 1928." The Bank has the right to issue notes under the New Zealand Banking Laws as legal tender in lieu of coin. Banks formed outside New Zealand cannot issue bank notes in New Zealand without the authority of the Governor-General, nor can any Corporation be formed in New Zealand to carry on the business of banking in this Country without obtaining Letters Patent, Royal Charter, or a special Act of Parliament in its favour. fHE CAPITAL of The London and New Zealand Bank Limited is £3,000,000, and under the conditions of its charter, £1,000,000 must be paid up before business can be commenced. This ensures complete protection to the public and to shareholders. The London and New Zealand Bank Limited is not connected with any other new banking proposition. Its Propectus has been set up in type, arid a representative of the promoters left for London on I.sth February to conduct negotiations for the underwriting of the very substantial proportidrr df tile capital necessary to obtain incorporation, after which the New Zealand public will be afforded an opportunity of taking up shares at par. The New Zealand Board of Provisional Directors are a group of experienced and successful New Zealand business men who Will command the confidence of the investing public. THE POLICY of The London and New Zealand Bank Limited will be to employ the best available banking rfleri with colonial and foreign experience, u arid to pursue the road that has led its sister institutions to their wonderfully strong and prosperous positions. As stated above, the proposal is the only one accredited by Parliamentary charter, and those who desire a safe investment combining the prospect of satisfactory returns, are advised to await the publication of The London and New Zealand Bank Limited Prospectus which it is expected will shortly be announced in the press throughout New Zealand. The Bank will primarily conduct business in NeW Zealand, and later; further afield. THE INTERIM SECRETARIES for The London and New Zealand Bank Limited are S. M. Hobbs, F.P.A.,. N.Z., and R. A. Glen, C.A. (Scotland), Public Accountants, 153-155 Featherston Street, Wellington, and the Organising Broker, Mr. Norman S. Perry, Member of the Wellington Stock Exchange, National Bank Building, Wellington.

Health is the foundation Household tasks don't worry healthy people TASHING'UP! Three times a /day for 365 days per year! It certainly does sound monotonous. Work and worry of any kind have 1 a very wearing effect on nerves and bodytissue and from this arise those conditions of anaemia, nervousness, debility, depression, sleeplessness arid neurasthenia, which makes housework seem', at times, so unbearable. The Oxygen Supply To counteract this condition de' perids first on a sufficient supply of oxygen for tissue-building; second; an its effective distribution throughout the body. The duty of distribution falls to the red corpuscles in the blood, which are composed largely of a substance called haemo' globm. This material contains a definite proportion of iron, and because it is this iron which actually unites with the oxygen in the lungs, it comes about that the oxygen can only be distributed while the blood contains a correct quantity of iron. Failing this, the tissue becomes starved, the nerves depleted and a complete breakdown is the inevitable result. To' remedy the trouble an iron-con-taining tonic is essential. At the same time the nerves should be directly nourished and the digestive functions strengthened. The Scientific Remedy For this Clements Tonic is ideal. It is made to an approved medical formula, and is rich in iron, so that it is a scientific remedy for restoring blood and nerves to full health. , Not only in the case of the house wife, overwrought by work and worry, but for anyone suffering from nerve stress, debility, any state of being "run-down," "offcolour" and nervy, and after any illness, Clements Tonic is invaluable for restoring health to singing buoyancy. It does not contain alcohol or opiates and may be safely taken by any member of the family. Buy a bottle to-day. fJßbacd

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19290402.2.100.1

Bibliographic details

Nelson Evening Mail, Volume LXIII, 2 April 1929, Page 9

Word Count
724

Page 9 Advertisements Column 1 Nelson Evening Mail, Volume LXIII, 2 April 1929, Page 9

Page 9 Advertisements Column 1 Nelson Evening Mail, Volume LXIII, 2 April 1929, Page 9

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