Page 4 Advertisements Column 5

New Zealand Times, Volume XXIX, Issue 4156, 16 July 1874, Page 4

Prospectus. 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 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 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 the Promoters that the first issue of 200,000 Shares shall he 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 mouths after allotment; and that a Third Call of 5s per Share be 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 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 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-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. POBM OP APPLICATION FOB SHARES. Date 1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OE NEW ZEALAND. Gentlemen, —I hereby make application for Shares in the above Company ; and hand you herewith the sum of £ , being the amount of Eive Shillings per Share 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 subscribe to the Articles of Association when required to do so. I am, Gentlemen, Yours truly, Signature Name in full 1 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. IHE COLONIAL BANK OE NEW ZEALAND. CAPITAL, £2,000,000, IN 400,000 SHARES OE £5 EACH. To bo 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 ; ss. 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 he 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 bo received for SHARES at the BANK OF AUSTRALASIA, UNION .BANK OF AUSTRALIA, or at the OFFICE of the COMMITTEE, Willis Street, Wellington, opposite tire Empire Hotel, where prospectuses and every information can be obtained. The WELLINGTON SHARE LIST will CLOSE on 21st JULY. T. J. LADD, Secretary. WELLINGTON LAND AND BUILDING COMPANY (LIMITED). Notice is hereby given,—That a Call of Five Shillings per Share is hereby made, due and payable at the office of the Company, Grey Street, Wellington, on Monday, August 10, 1874. By Order of the Directors, CHARLES WHITE, Secretary. Wellington, July 10, 1874. GAS COMPANY NOTICE TO SHAREHOLDERS. An Interim Dividend of 5 per cent, will be payable at the Company's office on and after Wednesday next, 15th inst. J. R. GEORGE, Manager. Wellington, 13th July. WELLINGTON AND WAIRARAPA CARRYING COMPANY. The above Company bog to inform the public that they commenced operations on the Ist day of June. All goods to be forwarded by them must he sent to their Depot, for which receipts will be given, if accompanied with a receiving note. T. O. DARCY, Agent. MachineryGRIOULTURAD IMPLEMENTS AND MACHINERY. On account of the increasing demand for our Improved Double-furrow Ploughs and Reaping machines, we much regret having had to disappoint bo many of our customers last season, but having'removed to new and commodious works in Dunedin, wo are now in a position to supply, at a few days’ notice, all orders entrusted to us. Reduced price list to be had on application to REID & GRAY, Dunedin and Oamaru ; Or to JOHNSTON & CO, Wellington.