Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1683, 26 May 1874, Page 4

I will bo opened in Duuedin, in suitable premises already secured under offer, and thereafter Brunches will gradually be opened in the. chief centres of settlement throughout the Colony. sth. Itwill be the chief nim: of the Promoters of this Bank f,o sutf and conserve' alike the interests of the whole community in this Colony. Tho Mercantile, Trading, "Paßfcoral, Agricultural, Mining, Artisan, and Labouring classen will each hare fair treatment and sup,port, from tho Colonial Bank. To the mining interest special attention will be given, with > a desire to acquire for tho Miners the Mint value of their gold, whether in large or small quantities, and uniil such value can be ascertained a liberal advance will be mc.de upon any gold deposited for the purpose of' coin ige. 6th. Ji, is nol. intended by the Promoters that thi? lur;k shall purchase Qold, but merely bo prepared to make advances. upon it until realised, in tho same manner that\it ' will bo ready to do upon Wool, ;Grain, or other produce. .■' ' ',-..' 7th. The amounts'of Few Zealand Money in tho -hands of the three Banks from Australia tracing in tho Colony on the 31st December last, ai? shewn by their several returns furnished ,to the Government, .appear thus, without giving odd numbers :— ■: ■v- ' ■ ■ Deposits. Circulation. Total. '■ Union Bank of Australia .. £870,000' .. £123,425 .. £993,425 Bank of New South Wales 560,000.. 104,849... 664,849 Bank of Austra- ' lasia .. ... ,193,000 .. 38,962 .. 231.962 Shewing a total of .. £1,890,236 or nearly tyro millions of money belonging to ■ colonii-ts entrusted to Boards of Directors in Melbourne or Sydney to control! or manipuj lata b.b ifc may please their tastes ;" or as it itF be co-nvenienh for tho good of .commerce in Victoria or New' South Wales ; or for the ben'-fieisl regulation of their exchange opera tions io,tbose Colonies. Bth. The Promoters, in placing the foregoing fae'.s before the people of <his ; Colony 3 desire fo 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 staled above to foreign Banks, to be lent back to tho people here at very high rates of interest, and on most arbitrary conditions. They therefore have no hesitation in suggesting the prudence nnd wisdom of the colonists keeping within their own domain tho absolute control of their own moneys ; as by so doing fhey 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 th c Australian Colonies,-: where the real interests of the foreign Bank most strongly take root. 9fch. It has been determined by the promotera that the first issue- of 200,000 shares shall be conducted by committees, to he appointed severally in the chief city of each province, and no shares will be given or reserved to the pi'omoters; but each member of the Provisional Committee is willing to become a subscriber for the number of shai'es 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 10s'.per share.be paid on allotment; that a call of 5s per share be made nnd payable two months after allotment ; that a second call, of 5s per share be made and payable four months, after allotment ; and that a third call of Ss per share bemade andpayable frix months after allotment —making together 30s paid up per share.: 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 j-ecommehding "The. Coloniai Bans of ■' . Fbw Zbaiand. "to the' supportof all colon: ists having the real welfare of New Zealand at heayfe. Such an institution is much wanted at the present time, and as tho developmesit of the colony proceeds, its usefulness will also increase,; and bo more, and more appreciated, both as an investment for the savings of the people, and as a useful Bank. Judging froni:, the influence. and sound' experience 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 co-operating 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. FOEM OP APPLICATION FOE SHAEES. Date..... ..,..1874. TO THE PROVISIONAL COMMITTEE OT THE COLONIAL BANK OB 1 NEW ZEALAND. Gentlemen", —I hereby make 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 said shares, or any less 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, Signaturo Name in full Occupation Address., No. Date received. :"= Tho Provisional Committee have already subscribed among themselves for 25,475 shares, which they are prepared to take if allotted to tkem. m 699 2' EVERY .variety of Label for Soda-water, Manufacturers, in letter-press. Superior designs in lithograph, at the Evening- Stab Office. , /""IAHDS, Circulars (on note or letter paper) \J in plain and fancy type. , Carters' E r-' oe!p!s printec]; bound and perforated, ;i, th. ' BvrariKG Stab Office. j