Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1679, 21 May 1874, Page 4

will bo opened in Duuodin, in suitable premises already secured under offer, and thereafter Brunches will gradually be opened in the chief centres of settlement throughout the Colony. sth. It -will bo the chief aim of the Promoters of this Bank to aid and conservo' alike the interests of the whole community-in this Colony. Tho Mercantile, Trading, Pastoral, Agricultural, Mining, Artisan, and Labouring classes will each'hare fair treatment and support from the Colonial Bank. To the mining interest special attention will be given, with , a desire to acquire for the Mirers tho Mint valuo of their.gold, whether in large or small quantities, and uniil such value can-boaseer-taincd a liberal, advance will be made upon any gold deposited for the purpose of coinage. 6th. It is not intended by the Promoters that thia Bank shall purchase Gold, but merely be prepared to make advances upon it xintil realised, in the same manner that it will bo ready to^do upon Wool, Grain, or other produce. . •' ; 7th. The amounts of New Zealand Money "I in the hands of the three Banks, from Australia tracing in the Colony on the 31st December last, ac shewn by their several 1 return's furnished to the Government, appear thus,-without giving odd numbers :— Deposits. Circulation. Total. Union Bank of Australia . .. „ £870,000 .. £123,425 .. £993,423 Bank of New South Wales . 560,000.. 104,849.. 664,849 Bank of Austra- ' 1 lasia, .. .. 193,000 .. ' 33,962 .. 231,962 : Shewing a total of' .. £1,890,230 or nearly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipuJa(e aa it may please their tastes; or as it mw be convenient for the good of commerce in Victoria or Now South Wales ; or for the beneficial regulation of their exchange opera tions ia those Colonies. Bth. The Promoters, in placing the foregoing fac^s before the people of this Colony 2 desire to point out the very great disadvantages that colonists are sure to labor under by lending—or rather giving-^—such a large sum of money as stated, above to foreign-Banks, to j be lent back to the people here at very high rates of interest, and on moat arbitrary con- j ditions. They therefore'have no hesitation in suggesting the prudence and wisdom of the j colonists keeping within their own domain theabsolute control of their own moneys ; as by sajdoihg they will most- effectually destroy the 'risk of future monetary disturbances, which they have had on more than one occasion to deplore in the past, brought- about solely by some crisis that has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th. It has been determined by the promoters that the first issue of 200,000 shares shall be conducted by committees, to be appointed severally in the chief city of each province, and no shares will be given or. reserved to the promoters; but each member of the Provisional Committee is willing to become a subscriber for the number of shares standing opposite his name.* 10th. It is proposed at the issue of shares above referred to that 5s per share be paid on application; that 103 per share be paid; on allotment; that a call of 5s per share be made and payable two months after allot-. ment j that a second call of 5s per share be made and payable- four months after allot- 1 ment; aad that a third call of 5s per share bemadeandpayable six months after allotment —making together 30s paid up per suave.. No' further call to be made within twelve months of the Bank first commencing business in Dunedin ; after which future calls will not exceed 5s per share, nor be made at shorter intervals than three months between each call. 11th. The Act of Incorporation for this. Bank will be so framed as to limit the liability: of the shareholders to twice the amount of their share?, the same as the other Banks. 12th. As a thoroughly colonial institution,, the promoters have much pleasure in strongly recommending. "The,COIOHIAII Bank of New Zealand " to the support of all colon-, ists having the *eal welfare of New Zealand j at hearfe. Such an institution is much: wanted at the present time, and as tho development of the. colony proceeds, its usefulness will also increase, and. be more "and more appreciated, both as an investment for the savings of the people, and as a useful Bank.' Judging from'the influence and sound ex-, perisnee possessed by the promoting members - of committee, it is certain that no similar institution has ever yet been launched in the Southern Hemisphere under better auspices. A deputation of Provisional Directors will visit Auckland in a few days for the purpose of cooperating with a local Provisional ; Committee. Meantime forms of application for shares may be obtained, and applications may be lodged with the Union Bank of Australia and Bank of Australasia. FORM OF APPLICATION FOR SHARES. Date............. ..,..1874. TO THE PROVISIONAL COMMITTEE OP THE COLONIAL BANK OF NEW ZEALAND. Gentlemen, —I hereby male application for shares in the above company, and hand you herewith the sum of £ being the amount of Five shillings per share deposit on the same; and I agree to take the paid shares, or any leps number that may be allotted to me, and I further agree to sub • scribe to the articles of association when required to do so. I am, Gentlemen, Yours" truly, 5ignature,,,..,...... Name in full Occupation Address No. Date received. *-The Provisional Committee have already subscribed ansong themselves for 25,475 share?, which they' are prepared to take if allotted to tkem. m 6992 EVERT variety of Labsl for Soda-water Manufacturers, in letter-press. Superior ilesigns in lithograph, at tho EVENTttQ- Stak Office. /SARDS, Circulars (911 note or ietter paper) \J in plain and fancy type. Carters' Receipts panted, bound and perforated,* the Evening Stab Office