Page 4 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 4205, 11 September 1874, Page 4

Public Companies. WELLINGTON TRUST, LOAN, AND INVESTMENT COMPANY (LIMITED). directors : J. Woodward, Esq., J.P., Chairman, Hon. W. Eitzherbert, M.H.R., Superintendent of Wellington G. Hunter, Esq., J. P. M.H.R. J. Wallace, Esq. NOTICE J.Dransfield,Esq, J.P. G. Allen, Esq. W. Bishop, Esq. J. R. George, Esq. L. Levy, Esq. The payments on account of Proprietor s Shares in this Company, terminating on the Ist of August, the public are informed that, with the view of suiting the convenience of members of the former Building Societies, the office of the Company on Lambton Quay will bo OPEN EVERY MONDAY EVENING, From 6 till 8.30 r.M., And daily from 10 a.m. till 3 p.m. When investment shares may be taken, payments made, and any business with the Company transacted. Attention is called to the advantages this Company offers. The shares are £SO each, which may be subscribed for as an investment, or realised as a loan on eligible security. Shares may be taken at any time. No entrance fees. Payments made from dato of commencement. THE PULL AMOUNT OF SHARES ADVANCED. PAYMENTS BY WHICH £SO MAY BE SECURED. Per Month. At end of five years, by payment of Ids 9d „ six „ „ 12s Od „ eight „ „ 8s 6d „ ten „ „ 03 3d PAYMENTS BY WHICH A LOAN OE £SO, WITH INTEREST, MAY BE EXTINGUISHED. Per Month. At end of five years, by payment of 21s Od „ six „ „ 18s 3d „ eight „ „ 14s 6d „ ten „ „ 12s 6d The above terms are fixed and depend on no contingencies. Other periods arranged for if desired. Shares may bo withdrawn, and mortgages paid np at the end of any year, at rates as fixed in tables. The Company also continues to receive money on deposit, for which current rates of interest are allowed. Any other information can bo obtained on application at the offices of the Company; or, to l. levy; Managing Director. INDUSTRIAL PERMANENT LAND BUILDING, AND INVESTMENT SOCIETY. Established under the Building Societies’ Act, 1 8 6 6. TRUSTEES : Andrew Young, Esq. John Plimmer, Esq. William Hutchison, Esq., J.P. COMMITTEE OP MANAGEMENT ; W. Hutchison, Esq., J.P., Chairman. Mr. R. Austin Mr. J. G. Mclntosh, C.E. Mr. A. Whiteford Mr. W. M. Thompson solicitors : Messrs. Brandon and Quick. bankers; Union Bank of Australia. SECRETARY AND MANAGER : Mr. W. Mackime. office : Willis Street (two doors above the New Zealand Timet office), Wellington. The following example will illustrate the practical advantages and working of this Society. A member purchases a house for £2OO, for which he had paid a rent of 12s. per week, or £3l Is. 6d. per annum. He pays £SO of the purchase-money, and borrows £l5O from this Society, to be repaid in six years. His weekly payment is now 12s. Od.—or £32 10s. per annum, which multiplied by six (the number of years for which ho borrows) is : £lO5 0 0 The rent of his house for six years would have been ... ... 187 4 0 Balance... ... ... 716 0 To which, add the amount lie paid 50 0 0 The actual cost of the house is Only ... ... ... ... £57 16 0 It will at once bo seen that a profit of £l-12 •Is. is made by tho purchaser becoming a member of this Society, and that this amount would have been lost to him, bad he not become a member but remained a tenant. When it is considered that, for the short term of six years, the small sum of only sixpence per week in addition to the rent ; and for a longer term the rent itself, or even far less ; is sufficient to purchase the property, it is evident that this Society will confer great benefits on ail who become Borrowin'/ Members, While the payment of rent, even for a life time, confers no title upon tho tenant, the payment of tho same amount into this Society gives the member, in a few years, the absolute Freehold, Nothing further need be said to prove the extremely liberal principles on which this Society is founded. The following is the scale of weekly payments INVESTING TABLE. For For For Years. 3. U. £ s. d. 3 0 U 0 0 10 9 0 18 0 00 S 0 7 CO C 3 o o;o 7 c 10 CO 8 9 12 0 0 10 0 13 00 11 3 15 0 0 12- 0 Ki 0 0 13 B IS 0 0 15 0 REALISING TABLE Scale of Repayments. Value For No. of Shares. Years Years Years 0 0 0 0 0 0 12 0 18 I 4 0 30 8 0 13 0 12 0 10 0 10 1 10 1 13 I 8 1 17 0 3 0 2 1 3 0 311 1 n 4 2 10 I 10 12 0 Note the Address —Two doors above the N.Z. Printing Office, Willis Street. Office hours from 10 a.m. to 5 p.m. ; on Mondays and Saturdays from 10 a.m. to 8 p.m. W. MACKUNE, Manager, Willis Street. THE NEW ZEALAND TITANIC STEEL AND IRON COMPANY (Limited.) CALL NOTICE. NOTICE is hereby given that n Call of Ten shillings per share (making £3 called up to date) has this day been made, and that the same is payable at the Bank of Now Zealand, on or before the 11th day of September next. Dated at Wellington this eighteenth day of August, 1874. By order of the Board of Directors, T. KENNEDY MACDONALD, Secretary