Page 4 Advertisements Column 2

Oamaru Mail, Volume III, Issue 789, 22 October 1878, Page 4

PROSPECtUS land, *nd branches, or from Mr. J. A. Mackenzie, the Company's broker, or Mr. W. J. Smith, Oamaiu. STATEMENT SHEWING VALUE OF THE SHARES IN THE WAGGON COMPANIES IN GREAT BRITAIN AS QUOTED IN "FINANCIAL OPINION " FOR MAY, 1878. Amount of Paid. Present Shares. Value. Birmingham Waggon Company £lO £lO Midland Railway Car and Waggon Company .. .. 10 10 16| Metropolitan Car and Waggon Company .. .. .. 10 5 8J Brown, Marshall, and Co. (Limited) .. .. ■ ■ 5 6 7 Railway Car Company (Limited) 5 5 6J Starbuck Car and Waggon Company .. .. .. .. 10 10 13 Bristol and South Wales Waggon Company (Limited).. .. 10 4 1J British Waggon Company (Limited) .. .. ■ • 20 10 11| North Central Waggon Company 20 20 27i Sheffield Waggon Company .. 20 15 17 Yorkshire Railway Waggon Company 10 10 14 Bristol Waggon Works Company 20 10 lis The dividends paid by the above-men-tioned companies have ranged from 9 to 20 per cent, per annum. 990 PROSPECTUS OF THE NEW ZEALAND LAND AND LOAN COMPANY (Limited). (To bo incorporated under the Joint Stock Companies Act, 1860.) Capital £1,000,000, In 200,000 Shares of £5 each, with power to increase. 100,000 Shares are proposed to be placed in New Zealand, and 100,000 to be reserved for subscription in the United Kingdom. Proposed Calls :—2s 6d per Share on application ; 2s 6d per Share on allotment; 2s 6d per Share two months after allotment; and 2s 6d per Share four months after allotment ; six months' notice to be given of any further calls. Provisional Directors : The Hon. Wm. Hunter Reynolds, of Dun edin, M.L.C. of New Zealand; the Hon, John Martiu, of Wellington, M.L.C. of New Zealand ; the Hon. John Ballance, Colonial Treasurer of New Zealand; the Hon. Robert Stout, Attorney-General of New Zealand; James Allen, Esq., o£ Dunedin ; C. Julius Toxward, Esq., Surveyor, Wellington; Thomas Whyte Young, Esq., Merchant, Wellington; Robert Greenfield, Esq., Merchant, Wellington. Bankers: The Bank of Australasia. Solicitors : Messrs. Sievwright and Stout, Wellington. Surveyor and Valuator : C. Julius Toxward, Esq., Wellington. Interim Secretary : William Sievwright, Esq., Solicitor, Wellington. Temporary Offices : Lloyd's Rooms, Brandon-street, Wellington. This Company ia lormed for two objects : Ist, and chiefly.—For lending money at current rates of interest upon the security of landed property situated in New Zealand ; and 2nd.—For acquiring, when deemed advisable, landed property situated in or near to cities or towns, or centres of population, in the Colony of New Zealand, and thereafter selling it again in whole or in lots as may suit purchasers. With a fast-increasing population both in town and country, a very fine climate, and land of .great fertility opened up by the construction of roads and railways, there is an almost inexhaustible field for the profitable investment of money in the manner proposed by this Company, and it is one very little occupied. This Company intends to occupy that field, and to offer to the public—particularly to farmer-settlers and the working population generally—facilities for acquiring property, and for erecting houses, or effecting other substantial improvements thereon, on reasonably moderate terms. And the Company can do so profitably to the shareholders, while at the same time help is given to people who are willing to pay adequately for the advantage and accommodation offered. In no case will money be lent otherwise than upon the security of landed property, a safe margin being always kept. The system which prevails all over the Colony in the buying of land is that of deferring payment of the price—so much

being paid as a. deposit when the purchase is made, and tho remainder by bills for instalments, spread over a limited period of from one to three years, the title being only ' granted when the price is fully paid up. This Company, in consequence of being in a position to pay in cash at once, will certainly ' be able to buy property on much more favorable terms than buyers on deferred payments ; and it is certain that, by the exercise of ordinary care, a safe and very profitable kind of business can be done by buying land and selling again in lots to suit purchasers. It is very well known that compauies in New Zealand having objects similar to those of this Company have been able, notwithstanding very limited resources, not only to pay large dividends, but also to add to capital. It is not intended to call up more i-han LI per share, at the outset at least. The promoters consider that, witii 10s. per share paid up the Company may make a fair beginning ; and they confidently anticipate hat besides paying a good dividend to the shareholders, the Directors will also, by judicious investments in landed property, be able from timo to time, out of profits, to make additional capital. The turn oyer of capital will be quick, and there will no doubt be available soon a considerable amount of money from deposits made by people both at Home and in New Zealand, so that a large paid-up capital is not necessary. . Prospectuses, with forms of application for shares, may be obtained at the Office of the Company, or from the bankers at the Wellington Office, or at any of the branches, and the memorandum and articles of association may be seen in the hands of the no allotment be made, the deposit will be returned without any reduction. Lloyd's Rooms, Brandon-street, Wellington, October, 1878. FORM OF APPLICATION FOR SHARES. TO THE DIHECTORS OF THE NEW ZEALAND LAND AND LOAN COMPANY (LIMITED). C.KNTLEMKX, Having- paid to your account with the Sum of bein<* a Deposit of 2s. (id. per Share on Shares in the above Company, I request that you will allot me that number of Shares ; and I hereby "> lder ; take to accept the same or any less number of Shares ihat may be allotted to me, and to pay the Calls or Instalments thereon in terms of your Prospectus, dated IS/S. Name in full Profession, Occupation, or Quality Address Signature i Date , , , j Tlie above to be retained by the Bankers, ana by them transmitted to the Company. BANKER'S RECEIPT. \ Wellington, IS7S Received of T ' on account of " The New Zealand Land and Loan < Company, Limited," the sum of Pounds, bein'* a Deposit of Two Shillings and Sixpence per Share on Shares in the above Company. For Bank. This receipt must be lield by tUeJApplicaut until ;bc Certificates are issued. 83