Page 4 Advertisements Column 1

Timaru Herald, Volume XXXIX, Issue 2767, 6 August 1883, Page 4

Prospectus -VVEW ZEALAND LAND MORTGAGE J>l COMPANY, LIMITED. To be incorpor;)'." 1 unrliv 1 tho English Joint Stoc- ('oiiij::iiiu-a Acts. CAPITAL £2,000,000, In 200,(iOO Shares of CIO each. — r First issue D0,()00 Shares of £10 each, £300.000. H<»kl Colonial Offices Auckland. . Deposit on application, 5s per Share ; payable on allotment, 5s per Share ; further calls not exceeding £1 in tho wl 010 will hereafter, t from time to time, bo mat'e as may be required, but it is not propof ©1 to call up more than £1 per Share in all. Colonial Diuectors : • Samuel Browning, Ei<\., Deputy-Chairman of the N X. Insurance Company. " Thonns Buddie, Esq., Director of the N.Z. liiMiranco Company. : John l.o^an Campbell, Esq., Director of the Bank of New Zealand. James M'Cosh Clark, Esq., Director of the New Zealand Insurance Company, Auckland. David Limond Murdoch, Esq., General Manager of the Bank of -New Zealand, Auckland. George Bnrcoyne Owen, Esq., Director of the Bank of New Zealand. r Thomas Russell, Esq., C.M.G., Director of the N.Z. Loan and Mercantile Agency Company, Limited, London. Captain Janies Stone, Director of the N.Z. l Loan and Mercantile Agency Company, f Limited. The Hon. James AVilliamson, M.L.C., President of the Bank of New Zealand. The Hon. Fredk. Whitakor, M.L.C., Premier of the Colony of Now Zealand. Joseph Liston Wilson, Esq., Director of the N.Z. Insurance Company. (With power to add to their number.) BAXKEE3 :!! The Bank of New Zealand. Solicitous: Messrs Whitaker mill Russell. SKCKETABT PHO TEJt. : James Buttle, Esq. Offices -. New Zealand Insurance Co., Queen street, ■ Auckland. This Institution is to ho formed for the purpose of transacting the business of a- Loan and Investment Company. Tt is proposed to raise money in Great Britain, by the issue of Debentures at English ■ rates of interest, to be lent upon approved estates within the Colony of New Zealand ; the difference in the rates of interest constituting the maiu source of profit to tho Company. The .Company will also, on commission, receive money in Great Britain for investment in New Zealand, in the name of the lender or of the Company, and either with, or without the Company's guarantee. Tho borrowing powers^- of the Company, whether on debentures or otherwise, will be . limited to the amount of the uncalled capital. The investment of the debenture money on ■ good securities ijvill afford a guarantee of safety alike to the debeuture-holder and shareholder in tho Company. ( Sound institutions of a similar character have no difficulty in placing their debentures at low rates of interest, and it is believed that this Company will readily secure the whole amount of money needed for successfully carrying on its opera' ions. 1 All such Companies, well managed, have been successful, affording the most complete seetu'ity to those who lend ou the Company's debentures, and to the shareholder who invests his money in the undertaking, and extends to it his guarantee.. \ The following tablo shows tho name of similar undertakings, and indicates the success which has followed then? opera- - tions : — " ' 7ZJ j ■ £^ 1 ji i llJt. I, |l . ~ Name oi Company. 1.1 .s I ?j§ Sag JjLXjMJL ' Australian Mort- ; - "a"e, " Land and Finance Cempany 25 5 17}-18 20 300,000 JJcw Zealand Trust and Loan Company .. .. 25 5 13-19 20 110,000 New Zealand Loan and .Mercantile Agency Company 25 I 2fr sHi< ! 15 210.000 Aii important foature in connection with this undertaking, and which must ensure to it good management and economy in adminis- : tration, is that the Directors have arranged ] with tho New Zealand Insurance Company, l on very favorable terms, for tho use'of their offices and agencies throughout the whole of c tho Colony. The Directors attach great im- t portanec to t'.us arrangement, believing that through it they have secured an eflieient agency at the minimum of cost. Thoso who are most intimately acquainted, with the Colony know that, though there aro several similar Companies in full work in New Zealand, yt't the ; field is not half occupied, and that a very large amount of capital is still urgently needed to develop the enormous resources of the Colony. The Directors feel - the greatest confidence that there is an ample field for the success of the Company. The Company will be registered in England, and the necessary steps will be taken forth■with to issue the Shares in London and secure a quotation on the Stock Excliange, after which the Colonial applicants will have their Shares placed on the Colonial Begister. There will be an English and Colonial Register, and the Shares will be transferable C from one Register to another. There will he a London Board of Directors, and several inlluential New Zealand Colonists have agreed to act as Home- Directors. It is also intended to place a large number of tho Shares in Great Britain. Tho Capital of the Company ha3 been fixed at £2,000,000. Shares will be issued from time to time, as the Company progresse? and tho capital is required. The object of this notification is to ascertain the names of those who are willing to take Shares in the proposed Company. The first issue of Shares will be limited to* 50,00- >, and will bo made in London. Of this issue as many as possible will be subscribed for ; there, on behalf of those who respond 1 to this ' application, but [the Directors do riot bind themselves to any allotment, and reserve the right to Tefuse an allotment ; if no allotment bo made, the deposit will be returned in full. More than one-half of the proposed Colonial allotment is olready subscribed for. Application to be made at any of the ofßeos of the Now Zealand Insurance Company, or Bank of New Zealand in New Zealand, where forms can bo had on or before seventh August next. Auckland, 23rd July, 1883. 7-28 6150 Ji 0 R SA L E— l IN FARMS TO SUIT PURCHASERS, THREE SPRINGS ESTATE, c FAIRLIE CREEK. For Plans and Particulars, apply to NATIONAL MORTGAGE AND 7-24 6107 AGENCY COMPANY. Miles, Archer & Co. NEW SEASON'S CLOVER, &c. MILES, ARCHER AND CO. ~ HAVE pleasure to REPORT ARRIVAL of the "Auckland" with their first Shipment of NEW SEEDS, cousistin» of 1 White Clover Trefoil ' Bed „ Italian Rye c , Cowgrass Crested Dogstail Alsike Fescues and Poas _ Timothy , Broad-leaf Eases — Turnips, Mangolds, &c. Rape. j , ' . , All Finest Selected English Seeds. oi ■ . ■ .• . -.— — . - . ■ »e Special Quotations for Largo Quantities, j flj 8-3 (5217 MILES, AECHER & CO. <d