Page 4 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 4134, 20 June 1874, Page 4

Prospectus. PR O S P E C T IT S OP THE COLONIAL BANK OF NEW ZEALAND. Capital... ... ... £2,000,000 lu 100,000 shai-es 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 : Five shillings on application ; 10s on allotment ; 0s 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 bo 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. Provisional Committee : The Hon. Mathew Holmes W. A. Tolmie, M.H.R. R. Oliver, M.P.C., Oliver and Ulph Dr 'Webster, M.P.C., Runhohler J. M. Ritchie, Russell, Ritchie, and Co. Charles Nichols, Dalgety, Nichols, and Co. James Rattray, Dalgety, Nichols, and Co. J. L. Euttorworth, Butterwortli Bros. Robert "Wilson, R. Wilson and Co. Keith Ramsay, Jetty street George M. Bell, Runhohler, Southland John Cormack, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt O. S. Reeves, M.P.C. James Marshall, Marshal! and Copeland James Copeland, Cumberland street AV. J. M. Laraaoh, Guthrie and Larnaoli Daniel Campbell, Great King street 11. S. Fish, jnn., Princes street W. M. Hodgkins, of Howorth and Hodgkins R. H. Leary, High street J. H. Harris, Solicitor William Fraser, of Strode and Fraser, Runholders J. Logan, Runholdor Walter Miller, Runhohler J. A. Connell, of Connell and Moodie AN. D. Stewart, Barrister M. Price, Dunedin J. S. AVehb, AVobb and Fulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson AA T . Gellibrand, Runholdor D. F. Main, Barrister-at-Law AV. J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray street James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Reid, M.H.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Glendining, Ross and Glendining Dr. Edward Hnlme John Douglas, Runhohler, Mount Royal J. T. AVright, AATight, Stephenson and Co. G. F. Reid, Stafford street R. Paterson, Paterson and McLeod R. M. Robertson, Distiller, Rattray street James'Shand, M.P.C. AVilliam Barron, Barron, Grant and Co. William Parle, Park and Curio George Elliot Barton, Barrister-at-Law AA r . D. Murison, Editor “ Daily Times ” Charles De Y. Teschemaker, Ruuliolder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. AAA North, North and Sconllar Hugh McNeil, Briscoe and Co. John Bathgate, R.M. E. B, Cargill, Cargills and McLean H. J. AValter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin James Allen, M.P.C., East Taieri AVilliam Snow, Outram, AVcst Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow AA r alter Inder, Naseby M. J. Malagan, Queenstown Job Wain, Manse street James Fulton, R.M. John Scanlau, Scanlan Brothers, Princes street I William Kennedy, Rattray street The Hon John M‘Lean, Ecdcastlo, Oamaru AA’ith power to add to their number. Bankers ; The Union Bank of Australia. The Bank of Australasia. Ist. The groat want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand having been long felt, it lias been determined by the Provisional Committee to supply the same by placing beforethe 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 failproportions to each of the Provinces throughout New Zealand, on the basis of the respective populations of caoli Province, reserving the other half to be disposed of hereafter, as tlie rapid progress of the Colony may demand and shareholders may decide; hut in no instance will any of the remaining shares he offered for sale out of the Colony without having been first offered to the Colonial holders, nor will any but a New Zealand Register he 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 guide the operations of the Bank ; and also that a Board of qualified Directors shall bo 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 ho opened in Dunedin, in suitable Promises already secured under offer, and thereafter Branches will gradually ho opened in the Chief Centres of Settlement throughout the Colony. sth. It" will he 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, Avtizan, and Laboring Classes will each have fair treatment and support from the Colonial Bank. To,the Mining Interest, special attention will he 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 ho ascertained, a liberal advance will ho made upon any gold deposited for the purpose of coinage. Cth. It is not intended by the Promoters that this Bank shall purchase Gold, hut merely, he prepared to make advances upon it until realised, in the same manner that it will he ready to do upon wool, grain, or other produce. 7th. The amount of Now 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; — Deposit. Circulation. Total. Union Bank of Australia ... £870,000 £123,425 £903,425 Bank of Now South AVales 500,000 104,849 004,849 Bank of Australasia ... 103,000 38,902 231,002 Shoving a total of .7 £1,890,230 or nearly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate ns it may please their tastes ; or as it may he