I THE NEW PLYMOUTH ' ! ENVESTMENT & LOAN SOCIETY (Permanent). [instituted 1876.] Incorporated under " The Building Societies Act, 1880. " ■? Directors : Messrs H. Weston (Chairman), J. B Connett, W. Cottier, W. F. Brooking, T. Furlong, jun., C. T. Bundle, and C. T. Mills. Solicitor : R. C. Hughes, Esq. Bankers : The Bank of New Zealand. IOANS granted, on approved security from one to twelve years, on the Society's revised tables of re-payment. These are exceptionally liberal, and compare favourably with any of the best colonial institutions. There are no deductions of any sort either by way of bonus, commission, or entrance fees. No Mortgage Deeds to pay for, when the loan is over £100 and not less than three years' duration. Borrowers can redeem at any time, and on very reasonable terms. (9" Office open daily from 10 a.m. to 4 pan., Thursday afternoons excepted CLABENCE BENNELL, Secretary and Treasurer. Office : Brougham-street, New Plymouth TARANAKI LAND BUILDING AND INVESTMENT (Permanent). [established 1865.] Incorporated under " The Building Societies Act, 1880. Directors : Messrs Alex. Shuttlewort (chairman), D. Shuttleworth, Richard Cock, J. Paul, T. X Skinner, W. L. Newman, and Newton King. Solicitor : Mr Oliver Samuel. Bankers : The Bank of New Zealand. THE Society has adhered to the prin ciple on which it was founded, viz.. that all the profits be equally divided among the Members, Borrowers and Investors alike. The Society has recently altered its Rules, making the following important concessions to Borrowing Members :—: — (1) The procuration fee of 1 per cent has been abolished. (2) The Society now pays the costs oi every mortgage, irrespective of the amount borrowed, and (3) Leaseholds, with provisions such as exist in " perpetual leases " and " leases in perpetuity," are now accepted as securities for loans. Particulars as to the working of the Society and the conditions on which money can be borrowed may be obtained from Hi M. BAUCHOPE, Secretary. Brougham-street,
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Bibliographic details
Taranaki Herald, Volume XLIX, Issue 11666, 28 January 1901, Page 2
Word Count
312Page 2 Advertisements Column 3 Taranaki Herald, Volume XLIX, Issue 11666, 28 January 1901, Page 2
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