Prospectus Union Bank of Australia ... A'870,000 .£123,125 £993,-120 ik of New South Wales 560,000 10-1,819 GGI,SI9 „_,uk of Australasia ... 193,000 35,9G2 231,902 Showing a total of ... £1,590,23« or nearly two millions of money belonging to ltrusted to Boards of Dil nvne or Byduev to control or .... ... .... . the goo toria or New South Wales ; or for the b rations in tiiose uoiomes. Bth. The Promoters, in placing the foregoing pie of this Colony, desire to point out the very great disadvantages that colonists are sure to labor under by lending—or rather giving-—such a large sum of money as stated above to foreign Banks, to be lent back 1 "" re at very high rates of inf : arbiti'ary conditions. Tht , have no hesitation in suggesting- the prudence and -wisdom of the colonists keeping -within their own domain the absolute siicenially destroy the risk in future .... .i.-..*....... which fcliey have b"' 1 ... . . jasion to deplore in t past, brought about solely by some crisis that 1 --~ "--*—"-- 1 ; ~ ~" other of the Australian 1 interests of tiie foreign 9th. It lias been determined by the '. motors that the first issue of 200,000 Shares shall bo conducted by Committees, to bo appointed severalty in the chief city in each Province ; and no Shares will be given or re...i +.. 4.1,„ -!->_..— o t e i. s . kufc each member of .uv j. ~.„™™ is willing to become a subscriber for the number of Shares standing opposite to his name.* 10th. It is proposed at the issue of Shares above referred to that 5s per Share be paid on Application; that 10s per share 1 " " itment ; that a Call of 5s pei de and payable two months after Allotment; that a Second Call of 5s per Share be made and payable four that a Third Call of 5s per Share bo payable six months after Allotment—making together 30s paid up per Call to be '- -—■'-'--■-- *- Bank first iuui»™u» s i«io..i«. . u after which future Calls will not exceed 5s per Share, nor be made at shorter intervals than three months between each Call. 11th. The Act of Incorporation for this Bank will be so framed as to limit the liability of the Shareholders to twice the amount ~ c their Shares, the same as the other Banks. 12th. As a thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending " The Colonial Bank or New Zealand" to the support of all Colonists having the real welfare of New Zealand at heart. Such an Institution is much wanted t time ; and as the development increase, and be more and more appreciated, both as an investment for the savings of the people, and as a useful Bank. Judging from the influence and sound experience ] J by the promoting Members of Commi certain that no similar institution has ever yet ' len launched i icier better auspices. A deputation of Provincial Directors, will "t Wellii ' " " "_ _" 10-operating with. a local Provisi —ittee. Meantime forms of application for Shares may be obtained, and applications may be lodged with the Union Bank of Australia and the Bank of Australasia. POEM OP APPLICATION POR SHARES. Date 1871. TO TIIE PROVISIONAL COMMITTEE OF TIIE COLONIAL BANK OP NEW ZEALAND. Gentlemen,---I hereby make application for Shares in the above Company ; and hand you herewith the sum of £ , being the amount of Pive Shillings per Share deposit on the same ; and I agree to talce the saiil Shares, or any less number that may be allotted to me, and I further agree to subscribe to the Articles of Association when required to do so. I am, Gentlemen, Yours truly, Signature Name in Ml Occupation Address * The Provisional Committee have already subscribed amongst themselves for 25,175 Shares, which they are prepared to take if allotted to them. ?uWic Com aiiies. r$\HE WELLINGTON TRUST, LOAN JL AND INVESTMENT COMPANY (Limited). INVESTMENTS AND LOANS. Advances made on real Estate, or Leaseholds, repayable by monthly instalments, including principal and interest, also by way of mortgage, the borrower to have power to repay by instalments. Advances made on other approved securities (such as stocks ships, &c,) but not on personal security, Bills of Exchange or Promissory Notes. Security given for Government and other contracts, and advances made on security of works in progress. Investments can be made and money borrowed, on the principle of Building Societies at any time, and for such periods as may suit the convenience of investors or borrowers aa per tallies to be seen at the office, where the necessary information can be obtained. Loans may be repaid, and investments withdrawn at ,'uiy time (on giving due notice) at fixed rates, as per tables. NO ENTRANCE PEE. DEPOSITS. Deposits received for such periods as may be agreed on. PRESENT RATE OP IN'PERES']', PIVE PER PER ANNUM, payable half-yearly. WILLIAM ALLEN, Manager. J3th January. Coach Factory. S T COA CII P AGIOR Y. (Opposite St. Peter's Church). The undersigned, having commenced business in the above' premises, is prepared to execute all orders entrusted to him in a workmanlike manner, without delay, and on most reasonable terms. Each branch of the business will bo under the supervision of skilful workmen, and all work from the establishment guaranteed. Repairs of all descriptions executed with neatness and despatch. R.W. has also on .hand, and in course of construction, double-seated buggies, express waggons, two spring carts, and timber waggons Country orders specially attended to. R. W. WATSON.
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Bibliographic details
New Zealand Times, Volume XXIX, Issue 4123, 8 June 1874, Page 1
Word Count
898Page 1 Advertisements Column 4 New Zealand Times, Volume XXIX, Issue 4123, 8 June 1874, Page 1
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