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companies?. J^E W ZEALAND TRUST AND LOAN (LIMITED.) CAPITAL, ±'500,000. Ih 20,000 Shares of £25 each (with power increase). £1 per share to be paid on application, and Allotment. 2000 Shares to be reserved for New Zealand Tbusxees : Bobert Brooks, Esq., M.P. G. (Jrenl'eli Glyn, iisq., ALP. J. J. Cummins, Esq. Director! : Sir Charles Clifford, late Speaker of the House Assembly, Nl-w Zealand Sir J. H. .Pelly, Bart., Warnham Court, Horsham Captain Henry Carr Glynn, Jtt.N.. 15 JJaton-ter-race, Eaton-square F. G. Dalgety, jigq.^ Messrs Dalgety and Co., Greshatn-atreet H. Selfe t.elie Esq., English agent for the Government ot Canterbury, New Zealand R. A. Brooks, Esq., Messrs Robert Brooks and Co. bt. Peter s Chambers, Coruhill. Bankers : In London— Messrs Glyn, Mills and Co In ftew Zealand— The Union Bank of Australia Solicitors : Messrs Freshfields and Newman. Brokers : Messrs Mullens, Marshall and Daniel, 3 Lombarkstrcet Messrs A. J. Brunton and Son, Auction Mart. Secretars : W. D. Carruthers, Esq., pro. t*n. Offices : 31 New Broad-street, city, E.C. This company is established for the purpose of supplying to the thrivingandincreasinglyimportant colony of New Zealand those advantages which aro already enjoyed by the colonies of Australia ana Canada, by the Trust and .Loan Societies now existing. Its operations will consist of loans and advances on mortgage upon real security in Mew Zealau 1, for which the s\steni of public registration ot land established there affords great lacility. with perfect safety. The company Mill also bo prepared to make advances on securities of a substantial character, including thoie to municipal bodies upou t'iicir bonds. It is not proposed that more that £5 shall be called upon each £25 share (of which £2 will bo sufficient for present purposes), but that to the extent of the remaining £20 per share, the company shall exercise its borrowing powers for procuring money in Great Britain upon debentures for terms ot years at a fixed rate of interest. This money will also be lent in the same manner as the paid-up capital, and the lenders v> ill be protected both by the securities taken and by the subscribed but uncalled capital, which will itself be equal to the entire amount borrowed. New Zealand offers peculiarly favorable opportunities for operations of the naturoproposed j the prosperity of the settlers enables them to employ with protit large sums of money at rates of interest considerably higher than those ordinarily current , in England ; the simplicity of the local laws affecting real estate affords a safe and inexpensive mode of granting security ; and property is of steadily improving value, as the energies of the colonist, the increase of population, and the resources of the colony itself become further developed. These circumstances, and the successful operaions of companies of this description in other olonies, justify the directors in anticipating an. mply remunerative return to shareholders. THE HOLONUL INSURANCE COMPANY. by Act op Parliament.) FOR FIRE INSURANCE, LIFE ASSURANCE, AND FIDELITY GUARANTEE. Subscribed Capital £200,000 Paid-up Capital £40,000. LIABILITY UNLIMITED Head Opfices : No. 4 Collins-street west, Melbourno Directors : W; H. Woodville, Chairman It. M. Smith, Vice-Chairman John Carson W. Ford George Lewis Hon. J. M'Crea, M.L.C ComstrLTiNG Actuary : William Thomas Woods. Medical Referees : David . Thomas, M.D.. William Henry Cutts, M.D. Solicitor : James Smith. Secretary : Charles James Lucas. INVERCARGILL AGENCY. Medical Referee : DR. BERNDT. Agents : ROBERTSON and CO. The undersigned having beea appointed Agents for SOUTHLAND, Are prepared to receive Propossls in the FIRE, LIFE, OR GUARANTEE DEPARTMENT, And are authorised to accept such as they may approve of, without reference to the Head Office. All claims settled with the utmost promptitude. Tables of Rates of Life Insurance in all its several branches, Rates for Fire Policies, and Terms for the Guarantee Department, may^ i obtained from ROBERT SON and CO., AUCTIONEERS,^ \Tay-streets In v£Rcargii>l. - ' — ••• '-H LAKE WAKATIP MAp INVERCASGILL AGENCY, J

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Bibliographic details

Southland Times, Volume 2, Issue 59, 2 June 1863, Page 1

Word Count
636

Page 1 Advertisements Column 7 Southland Times, Volume 2, Issue 59, 2 June 1863, Page 1

Page 1 Advertisements Column 7 Southland Times, Volume 2, Issue 59, 2 June 1863, Page 1