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Prospectus. rospK c t u a or the COLONIAL RANK OF NEAA ZEALAND. Cai-ciat.... ... ... .£2,000,000 In -100,000 .shaves of .£5 each. To be offered to the Public by a first issue of one-half, viz., 20,000 shares, To lie called up as follows : Five 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. Iso further Call will be made for twelve months 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 three months thereafter. Pkovisioxai, Committee : The Hon. Mathew Holmes AY. A. Tolmie, AI.H.R. 11. Oliver, M.P.0., Oliver and Ulph Dr AVebster, AI.P.C., Runhohlev J. At. Ilitehie, Russell, Ritchie, and Co. Charles Hit-hols, Dalgety, Michels, and Co. -Tames Rattray, Dalgety, Michels, and Co. ,T. L. Butterworth, Lutterworth Bros. Robert Wilson, R. Wilson and Co. Keith Ramsay, Jetty street George AI. Bell, Euuholder, Southland John Connack, of Morrison and Company, Blue SpinCaptain J. T. Boyd B. C. Hag-gitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. •Tames ALarshall, Marshall and Copeland James Copeland, Cumberland street AAA ,T. AI. Lat-nach, Guthrie and Laruacli Daniel Campbell, Great King street 11. S. Fish, jun., Princes street AY. M. Hodgkins, of Howoi th and Hodgkins R. IT. Leary, High street J. H. Hams, Solicitor AVilliam Fraser, of Strode and Fraser, Runholders J. Logan, Runholder AValtei- Aliller, Runholder J. A. Connell, of Connell and Aloodie AY: 1). Stewart, Barrister AI. Price, Dunedin ] J. S. AYcbb, AVebb and Fulton j J. Brown, sen. j C. B. Chapman, Barrister The Hon. James Paterson AY. Gellibrand, Runholder D. F. Alain, Barrister-at-Law AA". J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray street James Hazlett, Merchant, Clyde John Reid, Eldevslie, Oamaru Robert Gillies, Gillies and Street Donald Reid, M.H.K. C. R. Howden, Distiller, Cumberland street Chavles Reid, Princes street R. Glendining, Ross and Gleiuliuing Dr. Edward Huhna Jolm Douglas, Runholder, Alount Royal J. T. AVright, AVright, Stephenson and Co. G. F. lieid, -Stafford street R. Paterson, Paterson and McLeod R. AT. Robertson, Distiller, Rattray street James Shand, AI.P.C. AVilliam Ban-on, Barron, Grant'find Co. AVilliam Park, Park and Curie George Elliot Barton, Barrister-at-Law AY. D. Alurison, Editor “ Daily Times ” Charles De AV Tesehemaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, AI.P.C. AY. Morth, North and Scoullar Hugh ATuMeil, Briscoe and Co. John Bathgate, R.AL E. 15. Cargill, Cargills and McLean 11. J. Walter, Manse street R. K. Murray,’Rattray street James Black, Black and Thomson Marcus Hume, Dunedin James Allen, AI.P.C., East Taieri AVilliam Snow, Outran!, AA'est Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Inder, Maseby M. J. Malagan, -Queenstown Job AYain, Manse street •James Fulton, H.AI. .John Seanlan, Scanhin Brothers, Princes street William Kennedy, Rattray street The Hon John APLean, Redcastle, Oamaru With power to add to their number. B.inkehs : The Union Bank of Australia. The Bank of Australasia. Ist. The groat want of a thoroughly Colonial Banking Institution for the whole Colony of Mew 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 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 throughout Mew 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; but in no instance will any of the remaining shares bo offered for sale out of the Colony without having been first offered to tlie Colonial holders, nor will any but a New Zealand Register be kept. ffrd. 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 guide the operations of’the Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise with the General iVlanaand 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 bo opened in tbe Chief Centres of Settlement throughout the Colony. sth. It will be the chief aim 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, Artiznn, anil Laboring Classes will each have fair treatment and support from the Colonial Bank. To the Alining Interest, special attention will, bo given, with a desire to acquire for the Miners the Mint value of their Gold, whether in large or small quantities, and until such value can bo ascertained, a liberal advance will be made upon any gold deposited for tbe purpose of coin*l°(ith. It is not intended by 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 be ready to do upon wool, grain, or other produce. 7th. The amount of Now Zealand inonoy m the hands of the three Banks from Australia trading in the Colony on tho -list 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/NZTIM18740613.2.2.3

Bibliographic details

New Zealand Times, Volume XXIX, Issue 4128, 13 June 1874, Page 1

Word Count
973

Page 1 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4128, 13 June 1874, Page 1

Page 1 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4128, 13 June 1874, Page 1

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