Page 8 Advertisements Column 2

Nelson Examiner and New Zealand Chronicle, Volume XXI, Issue 31, 12 April 1862, Page 8

Jlftteliancous* TxMPEIUAL FIRE OFFICE of LONDON. Established 1803. Subscribed and Invested Capital — One Million Six Hundred and Ninety Thousand Pounds. Reserve Fund— £2so,ooo. The undersigned, having been appointed Agent for the above Company, is now prepared to effect INSURANCES on moderate terms. Policies issued on the spot, and losses settled without reference out of the province. i Form of Proposal, Prospectus, and all other information, can be obtained on application to D. Moobe, Agent for Nelson and Marlborough. Head Office in Austbama. 50, Elizabeth-street, Melbourne. Agents ik New Zealand. Dunedin— Dalgetty, Rattbay, and Co. Christclmrch— Dalgettt, Buckley, and Co. Auckland— Gkokge S. Geaham. Wellington— A. P. Stuabt and Co. 389 TTNION BANK OF AUSTRALIA. Paid-up Capitol, £1,000,000 sterling. Reserve Fund, £200,000 sterling. (Liability of Shareholders unlimited). Interest will be allowed by this Bank as under, viz. : — On current accounts (minimum monthly balance), 2J per cent, per annum. On deposits, repayable at three months' notice, 3 per cent, per annum. On deposits, repayable at six months' notice, 4 per cent, per annum. On deposits, repayable at twelve months' notice, 5 per cent, per annum. Alex. Eebb, Manager. Nelson, January 26, 1862. 122 NOTICE. npHE undersigned having the CONTRACT JL for the Conveyance of the Royal Mail from NELSON to MOTUEKA, will START from the Royal Hotel, Nelson, with his well-covered American Wagon, every MONDAY and THURSDAY, at Ten o'clock, a.m., and rei urn every TUESDAY and FRIDAY, leaviug the Motueka Hotel at Nine o'clock a.m. J For fares, apply either to Mr. J. Pobthouse, j Royal Hotel, Nelson; W. Auty, Motuekaj or, the! undersigned. Fares as usual. Orders executed. Parcels delivered, &c. The undersigned also purposes to run the abovestated vehicle between NELSON and RICHMOND, every WEDNESDAY, leaving the Royal Hotel, at Nine o'clock, a.m., calling at Stoke, and returning same day, leaviug Kite's Store at half-past Three o'clock, p.m. 298 Paul Spangeb. CAUTION. T ETCHFORD'S WAX VESTAS. ±J R. Letchfobd and Co. guarantee their Matches will light in any climate, EVEN \Y dipped Itt WATEit. Customers, therefore, when ordering Wax Matches should be particular in requesting " Letchfobd's j make," as others are often substituted. R. Leichfobd and Co., having just built an ex- 1 tensive manufactory, are now prepared to execute at a few days' notice, any order made payable in England. Three (Jolts Lane, Bethnal Green (late of Whitechapel), London. 7787 NELSON PERMANENT BUILDING SOCIETY, No. 3. ( TfiUSTEES : J. Poynteb, Esq. I C. Elliott, Esq. J. Shabp, Esq. I H. C. DANiELL,Eeq. Officebs : j Bankers— Bank of New Zealand. ' Solicitor — Mr. H. Adams. Secretary — Mr. Wai. Rout, pro tern. {Committee to be chosen the first meeting of members.) The success which has attended the Nelson Building Societies Nos. 1 and 2, and the difficulty of more persons availing themselves of the advantages of these societies, on account of the large arrears to be paid, and the amount of entrance fee required as an equivalent for the profits accumulated, connected with the great desire that a third Society should be established, in which members should date their payments from the time they enter, and thus avoid the difficulties of large arrears and entrance fees ; these, and other considerations, have induced the formation of the Nelson Permanent Building Society, No. 3, in* which these improvements are safely engrafted upon the sound principles on wliich the other societies are based. This society is established on a permanent basis, so that, at whatever time after its commencement a person enters, that, to him individually, will be the commencement of the society. Any person, male or female, juvenile or adult, is eligible to be a member, and distance of residence will not affect membership. Country members, after Ist of nt- xt month, can send Post-office Orders. To parties who feel disposed to join for an investment only, this society affords peculiar advantages, with undeniable security, their capital being iuvested in Freehold Land and Buildings producing compound interest, and profits arising from the Bale of shures, fines, &c, thus preventing the cares and vicissitudes of business, or the application of their own personal exertions. Shaves may be withdrawn at any time after three months from the date of the member's admission, with five per cent, interest on paid-up capital ; but, in case oi death or insanity, they can be withdrawn (by giving two months' notice) with the whole of the profits carried to the credit of the member, subject to the deduction of 2s. 6d. per share for the management fund. The shares will be sold by auction to those members who offer the highest premium for priority of advance, but no shares will be sold under £5 per centum of the value of the share : this plan affords the greatest amount of benefit with the least attendant evil. Money will be advanced during the interval between each monthly meeting, by ilia member paying an advance of 25 per cent, upon the highest premium of the prior monthly pay-night. Property mortgaged to the society may be sold, redee/ned, or exchanged, subject to the rules aud regulations of the society. Members paying their subscriptions in advonce will be entitled to a discount ol 2s. in the pound per annum for a period of not less than six months. The rules are framed with a strict adaptation to the wants of the industrious classes, and as large an amount of cash will be advanced to the purchasers as is consistent with the just interests of the investors. Shares, £20 each ; monthly payments, 3s. Entrance fee for first share, 2s. 6d., including paBB book and copy of rules; and, for each additional share, Is. Interest on realized shares, 10 per cent, per annum Shares to be realized by auction; upset price of each £20 share. £1. • Members may withdraw their shares with interest at 6 per cent, per annum. It is estimated that the shares will be paid in full at the end of five years, thus getting £20 for each £9 of subscription, or nearly £125 per cent. The profits of the sociyty will be carried to the credit of the shareholders every six months. Applications for shares will be received by the Secretary, on payment of the entrauce-leei, at. his I ieiid«jwe, Waimea.fitmt. 677