PROSPECTUS PROSPECTUS OF THE NEW ZEALAND LAND AND LOAN COMPANY (Limited). (To be incorporated under the Joint Stock Companies Act, 1560.) 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 Dunedin, M.L.C. of New Zealand ; the Hon. John Martin, 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., of 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 is formed 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 occur.ied. 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, •easonabiv moderate terms. And the pany can do so profitably to the shareers, while at the same time help is given sople who are willing to pay adequately for" the advantage and accommodation ffered. In no case will money be lent otherwise Mi:!.u ur>.'.u *he security of landed property, i *afe margie- being always kept. ' ".- ~nen. vli'i.-h prevails all over the . , ]!V \. L ' ;l o •...:. ~?:_" f> f land is that of . .--,....':j,, r i;--iv;i"i? ; if <•"' tiii- i-i"!oe —so much >'.. ;.i.r •<- .1 ilxju-r.-ifc when t. !'.••- purchase the title being only i granted wh-:. th« - tully y:nd .ap. i This Company, p ousefjuence or t}W¥ |n s j position to pay in c. •-': .it oi.et>. v>-;!i efcrt.y'-Vi Ibe able to buy properly on nnu-h more i favorable terms than buyers -_in deterred I payments ; and it is certain that, by tin: | exercise of ordinary care, a safe and very ! profitable kind of business can be done by I buying kind and selling again in lots to suil i purchasers. | It is very well known that companies ir ! New Zealand having objects similar tc ! those of this Company have been able, not. withstanding very limited resources, nol only to pay Fargo dividends, but also to adc to capital. It is not intended to call up more than LI per share, at the outset at least. The pro meters consider that, with 10s. per shar paid up the Company may make a t ai beginning ; and they confidently anticipate hat besides paying a good dividend to th( shareholders, the Directors will also, by judicious investments in lauded property, bi able from time to time, out of profits, tc make additional capital. The turn over o.' i canital will be quick, and there will n< ' doubt be available soon a considerabh I amount of money from deposits made by j people both at Home and in New Zealand, ' so that a large uaid-up capital is not neces
prospectuses, with forms 01 implication for shares, may be obtained at the Office of the Company," or from the bankers at the Wellington Oiiice, or at any of the branches, and the memorandum and articles of association may be seen in the hands of the Secretary. Should no allotment be made, the deposit will be returned without any reduction. Lloyd's Rooms, Brandon-street, Wellington, October, IS7S. FORM OK APPLICATION' FOR SHARKS. TO THE ljlllKCTOliS 01' THE XKW ZKAI.AXn LAND AND LOAN COMPANY (I,IMITEI>;. Grntlksikn", Haviny paid to your account with the Sum 01 being a Deposit of 2s. tid. per Shave on Shafts in the above Company, 1 request that you will allot me that number of Shares ; and I hereby undertake to accept the same or any less number of Shares that niav be allotted to me, and to pay the Calls or Instalments thereon in terms of your Prospectus, dated 1873. Name in full Profession, Occupation, or Quality Address Siuimture Kate The above to he retained by the Bankers, and b them transmitted to the Company. RANKER'S RECEIPT. Wellington, IS7B Fkcf.ivfd of on account of " The New Zealand Land and Loan Companv, Limited," the sum ox Pounds, being-a "Deposit oi Two Shillings and Sixpence per Share on Shares in the above Company. For Bank. This receipt must he held by the Applicant unf" the Certificates are issued. BUSINESS NOTICES [circular.] Waterloo House, Oamaru, Sept. 28, IS7B. MADAM, —We beg respectfully to. intimate that Mr. ROBERT REID (who has for several years been engaged with Messrs. Brewn, Ewing, and Co., of Dunedin) has purchased Mr. G haves' interest in the Business hitherto carried on by us as REID & CO., Waterloo House, Oamaru. From Ist October next, the Business will havo the benefit of the joint supervision of James Rkid and Robert Reid, and will be carried on by them tinder the style and firm of REID BROTHERS. In returning thanks for the large amount of patronage bestowed upon the present Firm in the past, we beg to assuro you, whilst soliciting a continuance of your favours for REID BROTHERS, that no effort will be spared on their part to nhance. the high reputation already acquired for the WATERLOO HOUSE, As the PREMIER EMPORIUM OF FASHION IN OAMARU. The arrangements of the new Firm for purchasing the HIGHEST CLASS OF GOODS in the English and Continental Markets are most complete, and will enable them to submit the LATEST NOVELTIES in MILLINERY and LADIES DRAPERY to the inspection of their Patrons on the arrival of each succeeding Suez Mail. Requesting the favor of your patronage for REID BROTHERS, We are, Madam, Your obedient Servants, REID & CO.o
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Bibliographic details
Oamaru Mail, Volume IV, Issue 809, 15 November 1878, Page 1 (Supplement)
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1,108Page 1 Advertisements Column 5 Oamaru Mail, Volume IV, Issue 809, 15 November 1878, Page 1 (Supplement)
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