Page 8 Advertisements Column 5

New Zealand Times, Volume XXIX, Issue 4146, 4 July 1874, Page 8

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 hack, 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 the absolute control of their own moneys ; as by so doing they will most effectually destroy the risk in fixture monetary disturbances, which they have had on more than one occasion to deplore in the past, brought about solely by soma 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 the Promoters that the first issue of 200,000 Shares shall be condxxcted by Committees, to be appointed severally in the chief city in each Province ; and no Shares will he 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 he made and payable four months after allotment; and that a Third Call of 5s per Share he made and payable six months 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 mouths 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 having 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 bo more and more appreciated, 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 deputation of Provincial Directors will visit Wellington in a few days for the purpose of co-ojierating 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. FORM 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 the amount of Five Shillings per Share deposit on the same ; and I agree to take the said Shares, or any less number that may he 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 Occxxpation 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. f|IHE COLONIAL BANK OP NEW ZEALAND. CAPITAL, £2,000,000, IN 400,000 SHARES OF £5 EACH. To be offered to the Public by a first issue of one-half, viz., 200,000 Shares, to be called up as follows ; Five Shillings on Application; 10s. on Allotment ; ss. two months after Allotment; sa. four months after Allotment ; ss. six mouths after Allotment; which will amount to £300,000 paid-up capital at the 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 ss. per Share, to be made, if required, at intervals of not less than two months thereafter. ' • A Provisional Committee having been appointed for Wellington, applications will now be received for SHARES at the BANK OF AUSTRALASIA, UNION BANK OF AUSTRALIA, or at the OFFICE of the COMMITTEE, Willis Street, Wellington, opposite the Empire Hotel, where prospectuses and every information can he obtained. The WELLINGTON SHARE LIST will CLOSE on 10th JULY. T. J. LADD, Secretary. ELLINGTON AND WAIRARAPA CARRYING COMPANY. The above Company beg to inform the public that they commenced operations on the Ist day of June. All goods to ho forwarded by them must he sent to their Depot, for which receipts will he given, if accompanied with a receiving note. T. C. DARCY, Agent. N EW ZEALAND SHIPPING COMPANY (LIMITED). NOTICE. The Pourth Call of Ten Shillings per share made by the Directors is Due and Payable on or before the 7th day of July, 1874, at any of the Branches of the Bank of New Zealand at the following places : Auckland Nelson Timaru Napier Picton Oainnru New Plymouth Wellington Dunedin Wanganui Christchurch Invercargill By order of the Board of Directors, JOSEPH GOULD, Secretary. Christchurch, Juno 15, 1574. MoneyNEW ZEALAND TRUST AND LOAN COMPANY. MONEY TO LEND at 7 per cent. Apply to LEVIN & CO., Agents. rjl rvAA TO LEND either in one CW XVYV/ VY or two sums, at £7 per cent., on freehold security. Apply to BRANDON & QUICK, Lambton Quay.