Page 4 Advertisements Column 4

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

Prospectus. convenient for the good of commerce in Victoria or New South Wales ; or for the beneficial regulation of their exchange operations in those Colonies. Bth. The Promoters, in placing the foregoing facts before the people of this Colony, desire to point out tho 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 to the people here at very high rates of interest, and, on more arbitrary conditions. They, therefore, have no hesitation in suggesting the prudence and wisdom of the colonists keeping within their own domain tho absolute control of their own moneys : as by so doing they will most effectually destroy the risk in future monetary disturbances, which they have had on more than one occasion to deplore in the past, brought about solely by some crisis that has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th. It has been determined by tire Promoters that the first issue of 200,000 Shares shall be conducted by Committees, to be appointed severally in the chief city in each Province ; and no Shares will be given or reserved to the Promoters ; but each member of the Provisional Committee 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 be paid on allotment; that a Call of 5s per Share be made and payable two months after Allotment; that a Second Call of 5s per Share be made and payable four months after allotment; and that a Third Call of 5s per Share bo made and payable six mouths after Allotment—making together 30s paid up per Share. No further Call to be made within twelve months of the Bank first commencing business in Dunedin ; 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 of 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 of New Zealand” to the support of all Colonists haring the real welfare of New Zealand at heart. Such an Institution is much wanted at the present time ; and as the development of the Colony proceeds, its usefulness will also increase, and be more and more appreciated, both as an investment for the savings of the peojile, and as a useful Bank. Judging from the influence and sound experience possessed by the promoting Members of Committee it is certain that no similar institution lias ever yet been launched in the Southern Hemisphere under better auspices. A deputation of Provincial Directors will visit Wellington in a few days for the purpose of co-operating with a local Provisional Committee. 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. POKM OF APPLICATION FOR SHARES. Date 1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OF NEW ZEALAND. Gentlemen,-- -I hereby make application for Shares in the above Company ; and hand yon herewith the sum of £ , being tiro amount of Five Shillings per Share deposit on the same ; and I agree to take the said Shares, or any less number that may Do 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 full Occupation Address No Date received. * The Provisional Committee have already subscribed amongst themselves for 25,475 Shares, which they are prepared to take if allotted to them. Public Companies. HT iHE 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 hy 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 ofi> 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 tho convenience of investors or borrowers as per tables to be seen at the office, whore tho necessary information can bo obtained. Loans may be repaid, and investments withdrawn at any time (on giving due notice) at fixed rates, as per tables. NO ENTRANCE FEE. DEPOSITS. Deposits received for such periods as may be agreed on. PRESENT KATE OF INTEREST, FIVE PER CENT PER ANNUM, payable half-yearly. WILLIAM ALLEN, Manager. 13th January. mi-IE NATIONAL BANK OF NEW JL ZEALAND (LIMITED). CAPITAL—TWO MILLIONS STERLING. NOTICE is hereby given to SHAREHOLDERS that the fifth CALL of TEN SHILLINGS per . SHARE upon Shares on tho Colonial Register, will lie duo, and payable on Ist July next, at tho Bank in Feathoraton street. By Order of the Board of Directors, ADAM BURNES, Inspector and General Manager. Wellington, June IC, 1874. WELLINGTON AND WAIRARAPA CARRYING COMPANY. Tho above Company beg to inform the public that they commenced ojieratioua on the Ist day of d une. All goods to bo forwarded by them must be sent to their Depot, for which receipts will be given, if accompanied with a receiving note. TVC. DARCY, Agent. F w ZEALAND SHIPPING COMPANY (LIMITED). NOTICE. The Fourth Call of Ten Shillings per share made by tbc Directors is Duo and Payable on or before the 7th day of July, 1874, at any of the Branches of tho Bank of Now Zealand at tho following places ; Auckland Nelson Napier Picfcon Now Plymouth Wellington Wanganui Christchurch Timaru Camara Dunedin Invercargill By order of tho Board of Directors, JOSEPH GOULD, Secretary. Christchurch, Juno 15, 1874.