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Prospectus p EOT U S THE COLONIAL BANK OP NEW ZEALAND. Capital ... £2,000,000 In 400,000 shares of £5 each. one-half, viz., 20,000 shares, To be called up as follows : Five shillings on application ; 10s on allotment ; 5s 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 months after the Bank is first opened in Dunedin, and future Calls will not exceed os per Share, to be made, if required, at intervals of not less than three months thereafter. Provisional Committee : The Hon. Mathcw Holmes W. A. Tolmie, M.11.K, R. Oliver, M.P.C, Oliver and ITlph Dr Webster, M.P.C, Runholder J. M. Ritchie, Russell, Ritchie, and Co. . Charles Nichols, Dalgety, Nichcls, and Co. James Rattray, Dalgety, Nichols, and Co. X T.. Rutterworth. Butterworth Bros. r ilson and Co. Keith Ramsay, Jetty street George M. Bell, Runholder, Southland John Cormack, 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. i Marshall, Marshall and Copeland ! Copeland, Cumberland street W. J. M. Larnach, Guthrie and Lamach "" "" " :>bell, Great King street „. ~. _ , jun., Princes street W. M. Hodgkins, of Howorth and Hodgkins R. H. Leary, High street J. H. Harris, Solicitor nomers J. Logan, Runholder AValter Miller, Runholder J. A. Council, of Conner! and Moodic W. D. Stewart, Barrister M. Price, Dnnedin J. S. Webb, Webb and Fulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson AV. Gellibrand, Runholder D. F. Main, Barrister-at-Law W. J. Burton, Burton Bros. J. E. Jones, Harbor Steam Company Charles Zeile, Eattray street James Hazlott, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Reid, M.11.E. C. R. Howden, Distiller, Ci Charles Reid, Princes street E. Glendiniug, Ross and Glendining Dr. Edward Hulme John Douglas, Eunholder, Mount Royal J. T. Wright, Wright, Stephenson and Co. G-. P. Reid, Stafford street R: Paterson, Paterson and McLeod R. M. Robertson, Distiller, Eattray street James Shand, M.P.C!. William Barron, Barron, Grant and Co. William Park, Park and Curie Geoige Elliot Barton, Barristei--at-I W. D. Murison, Editor " Daily Tim Charles De V. Teschcmaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar ugh McNeil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, Cargills and McLean 11. J. Walter, Manse street B, K. Murray, Rattray street James Black, Black and Thomson luiiie, Dnnedin tea Allen, M.P.C, East Taieri William Snow, Outram, West Taieri ' ". Smith, Contractor ,ias Birch, Merchant "" " rt, Mayor of Lawi M. J. Malagar " '— Job Wain, Ma James Fulton, R.M. John Scanlan, Scanlau Brothers, Princes street William Kennedy, Rattray street The Hon John M'Lean, Rcdcastle, • to add to their number. The Union Bank of Australia. The Bank of Australasia. Ist. The ffi-eat want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand having been long felt, it has determined by the Provisional Comto supply the same by placing before üblie the" present carefully considered e, with the full confidence that it will 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 fair proportions to each of the Provinces throughiis of the respeclcli Province, reserving the other half to be disposed of hereafter, as of the Colony may demand *■-•--■•-■■ but in no iu.s>imw*o >.»■» «"v "' -aming shares be offered for sale out of the Coloiiy without having been first offered to the Colonial holders, nor will any but a New Zealand gister be kept. ' 1. It is Intended that the Head Office of nk shall be in Duncdin, and that a 1 to guide the operations io that a B —- 1 "' - l: fiod Directors shall bo elected fr Committee to advise with the General Manager, and generally watch tho interests of the whole Institution. 4th. As soon as a sufficient number of Shares shall have been applied for to w;: the commencement of business, the . Office will be opened in Dnnedin, m suitable Premises already secured under oifer, and thereafter Branches will gradually be opened in the Chief Centres of Settlement throughout the Colony. sth. It will be tho chief aim of the Promoters of this Bank to aid and conserve alike the interests of tho whole :t " "' * 1 "" Colony. The Mercantile, Agricultural, Mining, Artizan, and Laboring Classes will each have fair treatment ami sup-n-t from the Colonial Bank. T~ t - ■"''""'" [terest, special attention willl a desire to acquire for the Min value of their Gold, whether in .... quantities, and until such value can bo ascer1, a liberal advance will b" - uiij gold deposited for the pin, age. 6th. It is not intended by the . that this Bank shall purchase Gold, but merely be prepared to make advances upon it until realised, in tho same manner that it will bo ready to do upon wool, grain, or other produce. 7th. The amount of Now Zealand money m the hands of the three Banks from Australia trading in the Colony on tho Slut December last, as shown by their several returns furished to the Government, appear thus, without giving odd numbers; — Deposit. Circulation. Total. Union Bank of Australia ... £870,000 £123,425 £003,d25 Bank Of New South Wales GGO.OOO 104,849 004,849 Bank of Australasia ... 193,000 38,062 231,902 Showing a total of ... £1,890,230 .i„ *„.„ millions of money belonging to "boards of Directors in ißgiuuu.i.c m as it may please then- tastes ; or as it may be

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18740623.2.21.3

Bibliographic details

New Zealand Times, Volume XXIX, Issue 4136, 23 June 1874, Page 4

Word Count
934

Page 4 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4136, 23 June 1874, Page 4

Page 4 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4136, 23 June 1874, Page 4

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