Prospectus. PROSPECT "US OF THE COLONIAL BANK OP NEW ZEALAND. Capital £2,000,000 In 400,000 shares of £5 each. To bo offered to the Public by a first issue of one-half, viz., 20,000 shares, To be called up as follows : Pive shilling's on application ; 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 twelve months after the Bank is first opened in Dimedin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of not less than three months thereafter. W. A. Tolmie, M.H.R. 11. Oliver, M.P.C., Oliver and TTlph Dr Webster, M.P.C., Runholder J. M. Ritchie, Russell, Kitchie, and Co. Charles Nichols, Dalgety, Nichols, and Co. James Rattray, Dalgety, Nichols, and Co. J. L. Butterworth, Butterworth Bro 3. Robert Wilson, R. Wilson and Co. Keith Ramsay, Jetty street ------- - - - - inland id Company, Blue Spur Captain J. T. Boyd 'rovincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. t— e 3 Marshall, Marshall and Copeland es Copeland, Cumberland street T arnach, Gutlirie and Larnach pbell, Great King street H. S. Pish, jim., Princes street W. M. Hodgldns, of Howorth and Hodgldns j, High street ;. Harris, Solicitor William Eraser, of Strode and Eraser, Runholders J. Logan, Euuholder Walter Miller, Runholder J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Pulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. P. Main, Barrister-at-Law W. J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray street •chant, Clyde ,aru Robert Gillies, Gillies and Street Donald Reid, M.H.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Gleudining, Ross and Glendining Dr. Edward Ifulmo John Douglas, Runholder, Mount Royal ison and Co. G. P. Reid, Stafford street , Paterson and McLood R. M. Robertson, Distiller, Rattray street James Shand, M.P.C. I William Barron, Barron, Grant and Co. William Park, Park and Curie George Elliot Barton, Barrister-at-Law I W. D. Murison, Editor " Daily Times " Charles De V. Teschemaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor -ace Bastings, M.P.C. W. North, North and Scoullar Hugh McNeil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, Cargills and McLean I-I. J. Walter, Manse street R. K. Murray, Rattray street es Black, Black and Thomson cus Hume, Dunedin James Allen, M.P.C, East Taieri _ - William Snow, Outram, West Taieri A. J. Smith, Contractor j Thomas Birch, Merchant i Ed. Herbert, Mayor of Lawrence j Robert Pritchard, Arrow Walter Inder, Naseby M. J. Malagan, Queenstown Job Wain, Manse street James Pulton, R.M. John Scanlan, Scanlan Brothers, Princes street "'- I,i Kennedy, Rattray street [on John M'Lean, Redcastle, Oamaru With power to add to their number. The Union Bank of Australia. The Bank of Australasia. Ist. The great want of a thorougldy Coloa.l Banking Institution for the whole Colony uial Banldng Institution for the whole Co: of New Zealand having been long felt, it mittee to supply the 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 tln-ough-out New Zealand, on the basis of tho respective populations of each Province, reserving the other half to be disposed of hereafter, as instance will any of tho remaining shares bo offered for sale out of the Colony without having been first offered to the Colonial holders, nor will any but a Now 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 guido tho operations of the Bank ; and also that a Board of qualified Directors shall bo elected from among the Committee to advise with the General Manama-, and generally watch tho interests of the whole Institution. •lth. As - -' " "" m ' ' """ v """ Office will be opened in Dunedin, in suit: Premises already secured under offer, and thereafter Branches will gradually bo opened in tho Chief Centres of Settlement throughout the Colony. sth. It will be tho chief aim of tho Pro- " " ' "" iilc to aid and consorve alike the interests of tho whole community in 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 t, special attention will bo given, — : "- a desire to acquire for tho Miners the Mint value of their Gold, whether in largo or small quantities, and until such value c tained, a liberal advance will any gold deposited for the purpose of coin'tith.- It is not intended by the Promoters that this Bank shall purchase Gold, but merely bo prepared to make advances upon it until realised, in the same manner that it will bo ready to do upon wool, groin, or other produce. 7th. Tho amount of New Zealand money in tho hands of tho three Banks from Australia trading in the Colony on tho 31st December last, as shown by .their, :sevoral returns furnished to tho Government, appear thus, without giving odd numbers; —
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Bibliographic details
New Zealand Times, Volume XXIX, Issue 4121, 5 June 1874, Page 1
Word Count
901Page 1 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4121, 5 June 1874, Page 1
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