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Prospectus. PEosrE c T u s or THE COLONIAL BANK OF NEW ZEALAND. Capital £2,000,000 In 400,000 shaves of £5 each. To bo offered to the Public by a first issue of one-half, viz., 20,000 shares, To bo called up as follows ; Five shillings on application'; 10s on allotment ; os two mouths 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 bo made for twelve months after the Bank is first ojieued in Dunedin, and future Calls will not exceed 5s per Shave, to bo made, if required, at intervals of not less than three mouths thereafter. PitovisroxAL Committee : The Hon. Mathew Holmes IV. A. Tolmio, M.11.E. 11. Oliver, M.P.C., Oliver and TJlph , Dr Webster, M.P.0., Euuliokler J. M. Eitehie, Russell, Eitehie, and Co. Charles Nichols, Dalgcty, Nichols, and Co. .Tames Eattray, Daigcty, Nichols, and Co. J. L. Lutterworth, Buttorwovth Bros, llobert Wilson, 11. Wilson and Co. Keith .Ramsay, Jetty street George M. Bell, Eunholdei-, Southland John Comiaclc, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. ITaggitt, Provincial Solicitor Alexander Burt, A. and T. Burt G, S. Beeves, M.P.C. James Msi.r.-'Uull, Marshall and Copeland James Copeland, Cumberland street TV J. M. Larnach, Guthrie and Larnach Daniel Campbell, Groat King street XL S. Fish, jun., Princes street W. M. Hodgkins, of Howorth and Hodgkins It. H. Leary, High street J. H. Harris, Solicitor William Fraser, of Strode and Fraser, Eunholders >T. Logan, Eunholdor Walter Miller, Eunholdor J. A. Connell, of Connell and Moodio W. D. Stewart, Barrister M. Pi-ice, Dunedin J. S. Webb, Webb and Fulton J. Brown, sen. C. 11. Chapman, Barrister The Hon. James Patci-son W. Gellibvaud, Eunholdor D. F. his.in. Barrister-at-Law W, J. Burton, Burton Bros. J. E. Jones, Harbor Steam Company Charles Zeile, Eattray street James Hazlett, Merchant, Clyde John Eeid, Elderslie, Oamaru Eobert Gillies, Gillies and Street Donald Eeid, M.H.R. C. E. Howden, Distiller, Cumberland street Charles Eeid. Princes street E. Glendining, Eoss and Glendining Dr. Edward Hulme John Douglas, Eunholdor, Mount Eoyal J. T. Wright, Wright, Stephenson and Co. G. F. Eeid, Stafford street E. Paterson, Paterson and ZvlcLeod E. hi. Eohertson, Distiller, Eattray street James Shand, M.P.C. William. Barron, Barron, Grant and Co. William Park, Park and Curie George Elliot Barton, Barrister-at-Law W. D. Murison, Editor “ Daily Times ” Charles Do V. Tcsoheinaker, Eunholdor, Talpo, Oamaru David Proudfoot, Eailway Contractor Horace Bastings, M.P.C. ! W. North, North and Scoullar [ Hugh McNeil, Briscoe and Co. John Bathgate, E.M. E. B. Cargill, Cargills and McLean H. J. Walter, Manse street E. K. Murray, Eattray street James Black, Black and Thomson Marcus Hume, Dunedin James Allen, M.P.C'., East Taieri William Snow, Outram, West Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Eobert Pritchard, Arrow Walter Inder, Naaeby M. J. Malagan, Queenstown Job Wain, Manse street James Fulton, E.M. John Scanlan, Scanlau Brothers, Princes street AYiiliam Kennedy, Eattray street The ICou John M'Lean, Eedcastlc, Oamaru With power to add to their number. Baxkeus : The Union Bank of Australia. ■ The Bank of Australasia. Ist. The great want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand having been long felt, it has been determined by the Provisional Committee to supply the same by placing before the public the' present carefully considered scheme, with the full confidence that it will moot 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 the 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; hut in no instance will any of the remaining shares bo offered "for sale out of the Colony without having been first offered to the Colonial holders, nor will any but a New Zealand Eegister be kept. .3rd. It is Intended that the Hoad Office of the Bank shall be in Dunedin, and that a General Manager of high professional standing shall be appointed to guide the operations oftho Bauic ; and also that a Board of qualified Directors shall lie 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. »th. It will be the chief dim of the Promoters of this Bank to aid and conserve alike the interests of the whole community in this Colony. 'The Mercantile, Trading, Pastoral, Agricultural, Mining, Artisan, and I laboring Classes will each have fair treatment and support from the Colonial Bank. lo the Mining interest, special attention will be given, with a desire to acquire for the Miners the Mint value of their Cold, whether in largo or small quantities, and until such value can bo ascertained, a liberal advance will be made upon any gold deposited for the purpose of coinagc. t!th. It is not intended by the Promoters that this Banlc 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. 7tii. The amount of Now Zealand money in the hands of the three Banks from Australia trading iu the Colony on the 31st December last, as shown by their several returns furnished to the Government, appear thus, without giving odd numbers; —

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18740604.2.2.3

Bibliographic details

New Zealand Times, Volume XXIX, Issue 4120, 4 June 1874, Page 1

Word Count
977

Page 1 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4120, 4 June 1874, Page 1

Page 1 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4120, 4 June 1874, Page 1

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