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• Bank ■ P<E 0 IP E 0 T US THE COLONIAL BANK OF NEW ZEALAND. CAPITAL ' . y '- £2,000,000, In 400,000 Shares of £5 each. To be offered to the Public by a first issue, of * one half, viz, 200,000 Shares, To be called up as follows :— Five shillings on application; 10s on allotment : 5s two months after allotment; 5s four months after allotment; 5s six months after allotment; which will amount to £300,000 paid-up Capital at end of six months, ...,,.' No further call will be made for 12 month's after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of not less than three months thereafter. ,-, PROyiSIOKAL _ COMMITTBB: The Honi'Matthew Holmes' i: j,. W. A. Tolmie, M.H.R B. Oliver, M.P.C., Oliver and Ulph Dr. Webster, M.P.C, Runholder J. M. Eitchie, Russell, Ritchie and Co. i Charles Nichols, Dalgety, Nichols and Co. >■ Jame3 Rattray, Dalgety, Nichols and Co., ; J. L. Butterworth, Butterworth Brothers; ■;' Robert Wilson, R..Wilson and Co. . ~ '. \ Keith Ramsay, 'Jetty-street: j': .' ■' ''•'.' ■■ OeorgeM. Bell, Runholder, Southland ■ John Cormack, of Morrison and Company,' Blue Spur ■ ■■:•:• Captain J. T. Boyd !: B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C.S. Beeves,, M.P.C. James Marshall, Marshall and Copeland . James Copeland, Cumberland-street W. J. M. Larnach, Guthrie and Larnach : Daniel Campbell, Great King-street H. S. Fish, jun., Princes-street W. M, Hodgkins, of Howorth and Hodgkins R.H. Leary, High-street Harris, Solicitor^!' i .i < Wm. Fraser, of Strode and Eraser, Runholders J. Logrn, Runholder Walter Miller, Runholder J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister ' M. Price, Dunedin J, S. Webb, Webb and Fulton J. Brown, ken, i C. R. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. P. Main, Barrister-at-Law W. J. Burton, Burton Brothers J. R. Jones, Harbour Steam Company Charles Zelle, Rattray-street James Hazlett, Merchan, Clyde John Reid, Elderslie, Oamaru Robert Gillies", Gillies and Street Donald Reid, M.H.R. C. R. Howden, Distiller, Cumberland-Btreet Charles Reid, Princes-street R. Glendining, Ross and Glendining Dr. Edwird Hulme John Douglas, Runholder, Mount Royal ■ J; TJWright, 1 Wright,'Stephenson.;and Co. G. 1. Reid, Stafford-street R, Paterson, Paterson and McLeod ; R. M. Robertson, Distiller, Rattray-street; James Shand, M.P.C. j Wm. Barron, Barron, Grant and Co. Wm. Park, Park and Cm le George.Elliot Barton, Birrister-at-Law W.'D.fMurison,'Editor Daily Times Charles De V. Teschemalier, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.O. W, North, North and Scoullar Hugh McNeill, Briscoe & Co. s ohnßatbgate,-R.M. JB. B. Cargill, Cargills and M'LeanH. J. Walter, Manse-street R, K, Murray, Rattray-street ; James Black, Black and Thomson Marcus Hume, Dunedin ; , ~ James Allan, M.P.C, East Taieri ; • ! William' Snow, Outramj'West Taieri A. J. Smyth, Contractor > Thomas Birch, Merchant Ed. Mayor of Lawrence \ Robeit Prichard, Arrow Walter Inder, Naseby M, J. Malaghan, : Queenstown Job Wain, Manse-street James Fulton, R.M. John Scanlan, Scanlan Brothres, Princesstreet William Kennedy, Rattray-st-eet The Hon. John-M'Lean, Redcastle, Oamaru With power to add to their number. Bankers ; The Union Bank of Australia. The Bank of Australasia,

Ist. The great want of a thoroughly Colonial Banking Institution for the whole Col my, of New Zealand having been long felt it has been determined by the Provisional Committee; to supply the same by placing before the public the present carefully considered scheme, with the full confidence that it will meet with very general support, 2nd. As a first step proposed to offer to the people of this Colony one-half,of the nominal capital, or 200,000 shares, in fair proportions to each of the Provinces throughout New Zealand, •■ on the basis of the respective populations of each Province, reserving the other half to be disposed of hereafter, as the rapid progress ofthe Colony may demaud aud shareholders may decide; but in. no-instance will any of ;the remaining shares be offered for sale out of the Colony without having been first offered to the Cidonial holders, nor will any but a New Zealand register be kept. 3rd. It is intended that the Head Office of the, Bank shall be in Dunedin, aud that a General 'Manager of high professional standing shall be appointed to guide the operations of the Bank; and also tint a Board of qualified Directors shall be elected from among.the Committee with'the General Manager, aud generally to watch ths interests of the whole institution.

. 4th. As soon as a sufficient number of shares shall have been applied for to warrant the commencement of business the Head Office will be opened in Duaedin, in suitable premise! already secured under offer, and thereafter- Branches will gradually be;opened in the chief centres of settlement throughout the Colony. sth. It will be the chief aim of the promotei'3 of this Bank to aid and conserve alike! theinterests of the whole community in .this' Colony. The Mercantile, _ Trading, Pastoral, ■•' Agricultural, Mining, Artizan, and Labouring Classes will' each have fair treatment and support from the Colonial Bank. To : the mining interest special attention will be given, with a desire to acquire for the Miners 1 the Mint value of their gold, whether in large or small quantities, and.until su6h value can be ascertained a liberal advance will be made ipon any gold deposited for the purpose of coinage. 6th. It is not intended by the prompter: that this Bank shall purchase gold, but merely be prepared to make advances upon it until realised, in the same manner that it will be ready to do upon Wool, Grain, or other produce. 7tb. The amounts of New Zealand Money in the hands of the three Banks.from Australia, trading in 'the Colony on the 31st December last, as shown by their several returns furnished to the Government, appear thus, without giving odd numbers :— Deposits. Circulation. Total. Union Bank of Australia £870,000 ■ £123,425 - £993,425 Bank of New SouthWalea 560,000 - 104,849 . 664,849 Bank of Australasia ■ 193,000 ■ 38,962 • 231,962 .■-' Showing a. total of- . : £1,890,236 or nearly two milli ns of money belonging to colonists entrusted to Board" or Directors in IfelbQujme, ojSydnov tq watrgiov n^ipujale,

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https://paperspast.natlib.govt.nz/newspapers/THA18740612.2.7.2

Bibliographic details

Thames Advertiser, Volume VII, Issue 1838, 12 June 1874, Page 2

Word Count
993

Page 2 Advertisements Column 2 Thames Advertiser, Volume VII, Issue 1838, 12 June 1874, Page 2

Page 2 Advertisements Column 2 Thames Advertiser, Volume VII, Issue 1838, 12 June 1874, Page 2