Page 1 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 4127, 12 June 1874, Page 1

Prospectus. Prospectus OP THE COLONIAL BANK OP NEW ZEALAND. Capital £2,000,000 In 100,000 shares of £5 each. To be offered to the Public by a first issue of one-half, viz., 20,000 shares, To be called up as follows : pi vc shillings on application ; 10s on allotment ; os 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 mouths after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of not less than throe months thereafter. I 1 ; ■ 1

Provisional Committee : The Hon. Mathew Holmes W. A. Tolmie, 31.H.R. 11. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.G., Penholder J. M. Pitchie, Russell, Ritchie, and Co. Charles Nichols, Dalgety, Nichols, ami Co. James Rattray, Dalgety, Nichols, and Co. J. L. Butterworth, Buttcrworth Bros, Robert Wilson, B. AVilson and Co. Keith Ramsay, Jetty street George M. Bell, Ruuholder, Southland John Connack, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street AAA J. M. Larnacb, Guthrie and Larnaeh Daniel Campbell, Great King street HT. S. Fish, jun., Princes street AAA M. Hodgkins, of Howorth and Hodgkins R. H. Leary, High street J. H. Harris, Solicitor AArilliam Eraser, of Strode and Eraser, Runholdcrs J. Logan, Ruuholder AAAalter Miller, Ruuholder J. A. Connell, of Connell and Hoodie W. D. Stewart, Barrister M. Price, Dunedin J. S. AA r ebb, AVebb and Fulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson AVA Gellibrand, Ruuholder D. P. Main, Barristor-at-Law AAA J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeilc, Rattray street James Hazlett, Merchant, Clyde John Reid, Hlderslio, Oamaru Robert Gillies, Gillies and Street Donald Reid, 31.H.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes street K. Glendining, Ross and Glendining Dr. Edward Hulmc John Douglas, Ruuholder, Mount Royal J. T. AVright, Wright, Stephenson and Co. G. E. Reid, Stafford street R. Pate.rson, Paterson and McLeod R. 31. Robertson, Distiller, Rattray street James Shand, M.P.C. William Barron, Barron, Grant and Co. AVilliam Park, Park and Curio George Elliot Barton, Barrister-at-Law AV. D. Murison, Editor “Daily Times ” Charles Do AA Teschemater, Runhokler, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. AY. North, North and Seoullar Hugh McNeil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, Cargills and McLean H. J. AV alter, 3lau.se street R. K. ilurray, Rattray street James Black, Black and Thomson hlarcus Hnmo, Dunedin • James Allen, M.P.C., East Taieri AAMliam Snow, Outram, AVest Taieri A. J. Smith, Contractor Thomas Birch, 3lcrchan£ Ed. Herbert, 3layor of Lawrence Robert Pritchard, Arrow AValter Inder, Naseby 31. J. 3lalagau, Queenstown Job Wain, Manse street James Pulton, R. 31. John Scanlan, Scaulan Brothers, Princes street AVilliam Kennedy, Rattray street The Hon John 3l‘Lean, Redcastle, Oamaru AVith power to add to their number.

Bankeks : The Union Bank of Australia. The Bank of Australasia. Ist. The great want of a thoroughly Colonial Banking Institution for the whole Oniony 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 jvill meet with very general support. 2nd. As a first stop, it is proposed to offer to the people of this Colony one half of the nominal capital or 200,000 shares, in failproportions to each of the Provinces throughout New Zealand, on the basis of the respective populations of each Province, reserving the other half to bo disposed of hereafter, as .the rapid progress of the ColoAiy may demand and shareholders may decide; but in no instance will any of the remaining shares be offered for sale out of the Colony without having been first offered to the Colonial holders, nor will any but a New Zealand Register be kept. 3rd. It is Intended that the Head Office of the Bank shall bo in Dunedin, and that a General 3lanager of high professional standing shall be appointed to guide the operations of°tho Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise with the General Manager, and generally watch the interests of the whole Institution. <lth. As soon as a sufficient number of Shares shall have been applied for to warrant the commencement of business, the Hoad Office will be opened in Dunedin, in suitable Premises already secured .under oiler, and thereafter Branches will gradually be opened in the Chief Centres of Settlement throughout the Colony. sth. It will bo the chief aim of the Promoters of this Bank to aid and conserve alike the interests of the whole community in this Colony. The 3leroautilo, I fading, lastoral, Agricultural, Mining, Artizau, and 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 3Tint value of their Gold, 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 coinago. Gtli. It is not intended hy the Promoters that this Bank shall purchase Gold, but merely be prepared to make advances upon it until realised, in the same manner that it will bo ready to do upon wool, grain, or other produce. . 7th. The amount of New Zealand money in the hands of the three Banks from Australia trading in the Colony on the 31st December last, as shown by their several returns furnished to the Government, appear thus, without giving odd numbers; —