Page 2 Advertisements Column 2

Nelson Examiner and New Zealand Chronicle, Volume XXVIII, Issue 39, 15 May 1869, Page 2

Neb? THE SEVENTH ANNUAL REPORT OP THE DIRECTORS OF THE PER1 MANENT BUILDING SOCIETY, OF NELSON. In meeting the Shareholders for the seventh time, the Directors have the satisfaction to inform them the first Series of Shares were matured in October last, and have sinco been paid. This Scries having been very large in proportion to the other Serieß, and consisting chiefly of investors, has occasioned much perplexity for the last three or four years as to the best mode of paying off, which problem the Directors have at last solved by a Loan from their Bankers, repayable by monthly instalments of Five Hundred Pounds, and, as you will perceive by the statement of the year's accounts, the balance due to the Bank on this Loan, on the 31st March, was Five Thousand Pounds. The repayment of this sum of Five Hundred Pounds, and providing for withdrawals as they fall duo, absorbs nearly each month'a receipts ; but with the improvement of trade, which may now be looked for, tho Society should be enabled to extend its business, more especially as the profits for the past half-year, show a great improvement to the existing Series of Shares. A suggestion has been made by one of the Auditors — which deserves consideration — respecting the paying off the various Series as they become due, to this effect : — " That as the Series of Shares mature, should there not be sufficient cash in hand to pay off the investors, a ballot or drawing of lots should be held for the payment of as many Shares as there may be cash to provide for, and that the remainder be allowed ten per cent, per annum interest on their respective amounts until they ai'e paid." The total number of Shares, with their values, is shewn by tho annexed Statement of the Liabilities and Assets of the Society, to the 31st March last. The value of the Shares is an unmistakable fact of the prosperity of the Society, and shows it to be ono of tho most profitable and safest investments in the Province. You will now bo called upon to elect Four Directors in the placo of those retiring in accordance with the rules. The names of those retiring are Messrs. Barlow, Barton, Luckie, and Thornton ; and the names of the candidates duly nominated for you to chooso from arc Messrs. Sharp, Catley, Wells, Luckio, Thornton, Grant, Kingdon, Hibble, Pratt, and Hadfield. THE SEVENTH ANNUAL STATEMENT OF THE PERMANENT BUILDING SOCIETY OF NELSON. Dr. March 31, 1869. Cr. March 31, 1869. £ t, d. £ 8. d. To Cash to Credit at Bank, March, By Subscriptions repaid on Shares 1868 1,288 12 6 withdrawn .... 23,648 8 0 „ Balance of Loan advanced by Bank „ Loans advanced this year . . 4,300 0 0 to Trustees .... 5,000 00,, Interest paid Bank on Loan and „ Subscriptions received this year . 6,061 1 3 Overdraft .... 232 11 5 „ Interest on Loans received this „ Balance Suspense Account (Loans year 3,228 12 2 &c, not completed), March, „ Bonus on Loans this year . . 70 17 6 1868 181 11 1 „ Profit on Shares withdrawn . 43 4 3 Wnnaaement Account— £ s. d. „ Loans repaid 687|ft Shores . 11,756 0 0-**^™^?"*"* * '" ' „ Balance of Suspense Account, B * Secretary c Salary . 104 11 2 Loans, &c, not yet completed 694 8 7 » Lispector s Salary . 34 6 9 ' J „ * „ Stewards' Fees . 26 14 0 Management Account— & ». d. Rent of Officeg 20 10 0 To Fines received this „ Printing and Stayear . . . 243 7 4 tionery 32 14 4 „ Entrance Fees . 40 14 0 „ Auditors' Fees, 1863 9 6 0 „ Per Centals . 21 0 0 275 2 3 „ Transfer Fees ..266 307 7 10 To Cash due Bank ... 187 8 8 £28,637 12 9 £28,637 12 9 We hereby certify that wo have examined the abovo Accounts, and the Vouchers for the same and found them to be correct. J. T. Catley, } i Roiiert Pickett, > Auditors. E. Smallbone, j ASSETS AND LIABILITIES. Liabilities, Mabcii 31, 1869. Assets, March 31, 1869. £ 8. d. £ 8. d. £ s. d. To value of 190 B Shares at 18 10 0 3,515 0 0 By 1,378 i§ Shares advanced on „ „ 220 C „ 16 1 6 3,536 10 0 Loan " 27,596 0 0 „ „ 221 D „ 14 0 0 3,094 0 0,, Arrears of Subscriptions . . 316 12 0 „ „ 193 E „ 12 4 0 2,354 12 1 „ Office Furniture .... 50 0 0 „ „ 253 F „ 10 12 3 2,654 19 3 „ „ 87 G „ 9 2 8 794 12 0 „ „ 149 H „ 715 0 1,154 15 0 „ „ 352 I „ 6 9 0 2,270 8 0 „ „ 49 J „ 5 4 8 245 19 4 „ „ 178 X „ 414 723 17 4 „ „ 249 L „ 219 3 737 13 3 „ „ 282 M „ 118 5 541 13 6 „ „ 355 N „ 018 9 332 16 3 21,986 15 11 „ Cheques issued but not presented for payment . . . . 694 8 7 „ Bank Loan and Overdraft . . 5,178 8 8 Balance of undivided Profit . 93 18 10 £27,962 12 0 £27,962 12 0 dobernment Notices, Crown Lands Office, Nelson, May 4, 1869. A PPLICATIONS for LEASES, under the " Crown Lands (Nelson) Leasing Act, jLA_ 1867," received by the Commissioner of Crown Lands during the months of MARCH and APRIL, 1869 :— Aitlicakt. District. Particulars. Acreage. Deposit. Ejee. a. R. p. £ s. d. £ s. d. Magnus Manson, Motupipi . Lying to the Eastward of Sec- 200 00 500500 juu. tions 73, 113, and 112, and adjoining them Christopher Henry Moutere . For portions of Sections 86 and 100 0 0 210 0 50 0 Korte 87, of Square 2, together with a portion of the waste land to the Westward George Clair . Onakaka . Bounded on tho Northward by 140 0 0 310 0 5 0 0 Section 98 ; Eastward, by the base line ; Southward, by Section 91; Westward, by the road leading from Takaka to Collingwood Hugh Martin . Wairoa . . For Sections 21, 22, and 23, of 817 0 0 20 8 0 5 0 0 Square 44 Richard Smart and Sherry . . In the Slippery Creek, if not pre- 100 00 210 0 500 Jacob Wolff viously applied for John Jordan and Upper Moutere Bounded on the North, by Sec- 100 00 210 0 500 Christian Jordan tion 43; East and West, by Crown land ; South, by Section 188, Eves-valley Arthur Brown . Tadmor-valley Lying to the Westward of Sec- 200 00 500500 tions 132 and 134, Square 5 Thomas J. Hinde Pigeon-valley Part of Section 181, Square 2. 200 00 500500 H. C. DANIELL, _ 726 Commissioner. r PIiE following PERSONS are OBJECTED TO as not being entitled to have their X NAMES retained on the LIST of VOTE KS for the Electoral District of MOTUEKA. Christian Xsunp and Surnnmo 'ifature of the sup- „,..-> -m™ n p of Place of Abode. posed Ground of Objection. \|) oC le each Person objected to. Qualification. ofObieelor Bond, Joseph Francis Motueka Household Changed his residence Boyes, John Motuoka Household Dead Corder, Frederick Wuimea-wcst Household Not a householder in o Motueka 53 Finny, Robpvt James Motueka Leasehold Dead O Franklin, Alexander Motueka Household Left the district g Gower, John Wright Riwaka Household j Changed his residence v 3 Harding, Georgo Motneka Household 1 Changed his residence J Lyne, George Thomas Harrison ! Motueka Household Changed his residence .2 . Rose, James j Thorpe Freehold and Fresh claim «s ■* Household ~£ Scott, Tasman Motueka Household Not a householder 3 Sutclifle, Richard Motueka Household Changed his residence Wilson, Joseph Foord Motueka ' Leasehold and Dead g i Household > B run ing,' Frederick Motueka Freehold and , Sold his property ■ Household ; Powell, Henry Moutere Freehold and [ Dead Household j j Thompson, Charles Moutere Freehold ■ Sold his property Sigglekow, Ernst Johann Waimea-wosL Household ' Changed his residence Notice. — The above Objections will he heard by the Revising Officer appointed for that purpose, on a day aud at a place of which due notice will be given. A. LE G. CAMPBELL, Registration Officer, 1 723 Motueka.