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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 the 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 intetherefor< prudence U uu » within their owi „ --- their own moneys; as by so doing they will t effectually destroy the risk in future " ' " which they have had asion 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 for-" Bank most strongly take root. 9th. It has been determined by the motors that the first issue of 200,000 Shai shall be conducted by Committees, to be appointed severally in the chief city i" """'" Province ; and no Shares will be givei served to the Promoters ; but each member of the Provisional Co] a subscriber for the numoer ui dusicb =i.>umu S 10th. It is propo above referred to that 5s per Share be paid on Application ; that 103 per share be paid ou allotment; that a Call of 5s per Share be made and payable two months after Allotment; that a Second Call of 5s ]- ~" and payable four months after allot that a Third Call of 5s per Share be 1 payable six months aft"" Aiw.mOTi+_ together 30s paid up p Call to be made within twelve Bank first commencing busines... 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 n. __•. c.i " l 3 the other Banks. ly Colonial Institution, ure in strongly recommending "The Colonial Bank of New Zealand" to the support of all Colonists having the real welfare of New Zealand at heart. Such an Institution is much wanted ime ; and as the development of the Colony proceeds, its usefulness wi ll "l"" increase, and be more and more appre< both as an investment for the savings of the people, 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 has ever yet been launched in the Southern Hemisphere under better auspices. A de]3utation 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 Aust FORM OF APPLICATION FOR SHARES. Date 187-1. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OF NEW ZEALAND. Gentlemen, —I hereby make application for Shares in the above Company ; and hand you herewith the sui being the amount of Five Sh: deposit on the same ; and I agree to take the said Shares, or any less number that may be allotted to me, and I further agree to subsc " tion when required to do so. I am, Gentlemen, Yours truly, Signature Name in full Occupation Address No _ Date received. _ .mittee have already subscribed amongst themselves for 25,475 Shares, which they arc prepared to take if Public Companies. 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 by 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 of 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 the convenience of investors or borrowers as per tables to be seen at the office, whore the necessary information can be obtained. Loans may be rejjaid, and investments withdrawn at any time (on giving duo notice) at fixed rates, as per tables. NO ENTRANCE FEE. DEPOSITS. Deposits received for such periods as may be a-rced on. PRESENT RATE OF INTEREST, FIVE PER CENT PER ANNUM, payable half-yearly. WILLIAM ALLEN, Manager. 13 th January. "ELLINGTON AND WAIRARAPA T V CARRYING COMPANY. The above Company bog to inform the public that they commenced operations on the Ist day of June. 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. T. 0. DARCY, Agent. WTEW ZEALAND SHIPPING COMJL> PANY (LIMITED). Tho Fourth Call of Ten Shillings per share made by the Directors is Due and Payable on or before tho 7th day of July, 1874, at any of the Branches of the Bank of New Zealand at the following places : Auckland Nelson Timani Napier Picton Oamaru New Plymouth Wellington Duncdiu Wanganui Christchurch Invcrcargill By order of the Board of Directors, JOSEPH GOULD, Secretary. Christchurch, June 15, 1874. Fellmongers. WILLIAM LILL IE , Wool Sou-ran and Fellmongei), FOXTON. Highest price given for SKINS, and WOOL taken to wash and carefully attended to. r A. Gray will bo punctua attended to. TT ENRY WALTON And cash Buyer of WOOL, HIDES, AND SHEEP SKINS GLENCRAGIE, Njfhauranga Line, Wellington.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18740627.2.19.4

Bibliographic details

New Zealand Times, Volume XXIX, Issue 4140, 27 June 1874, Page 4

Word Count
940

Page 4 Advertisements Column 4 New Zealand Times, Volume XXIX, Issue 4140, 27 June 1874, Page 4

Page 4 Advertisements Column 4 New Zealand Times, Volume XXIX, Issue 4140, 27 June 1874, Page 4

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