Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1684, 27 May 1874, Page 4

will be opened in Dunedin, in suitable premises 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 Promotes of thin Bauk to aid and conserve alike the interests of the whole community in thiß Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Ariisan, and Labouring c'.iisses 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 tho Miners tho Mint value of their gold, whether in large or small quantities, and until such value can be ascertained a liberal advance will.be made upon aoy gold deposited for the purpose of coinage. 6th. It is not intended by the, Promoters that this Bank shall purchase Gold, but merely be prepared to make advances upon ifc until 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 in the hands of the, three Banks from Australia trading in the Colony on tl\e 31st December last, aa shewn by their several returns fui-nished 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 South Wales . 560,000 .. 104,849 .. C 54,849 Bank of Australasia .. .. 193,000.. 33,962.. 231,062 Shewing a total of .. £1,890,236 or nearly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as if; may pleeae their tastes; or as it ni-iv be convenient for the <rood of commerce in Victoria or New South Wales; or for the beneficial regulation of their exchange opera tions in those Colonies.

Bth. The Promoters, in placing tho foregoing fac's before the people of this Colony" 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 be lent, back to the people here at very high rates of interest, and on most arbitrary conditions. They therefore have no hesitation in suggesting the prudence and wisdom of the colonists keeping within their own doraajn the absolute control of their own moneys ; as by so doing 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.

9fch. Ifc 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 10s per share be paid on allotment; that a call of 5s per share be made and 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 5s per share bemade and payable six 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. Tho Act of Incorporation for this Bank will be so framed as to*limit the liability of the shareholders to twice the amount of their shares, the same as the other Banks.

12th. As a thoroughly colonial institution, the promoters have much pleasure in strongly recommending "The Colohiaij Bank of New Zeaiand " to the support of all colonists having the real welfare of New Zealand at heart. Such an institution is much wanted at the present time, and as the 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 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 m»y 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 ,■■•' •' ''.. ' •■ .. oi> .■- ■■ - ■■ ■ ■■■■■' THE COLONIAL BANK OF NEW '..- . 'ZEALAND, • : „.••; ".' \ 0-ENTiJEMEN, —I hereby make application for shares in the above company, and hand you herewith the sum of £ ■■': j being the amount of Five shillings per share deposit on the same; and I agree te take the said shares, or any less number that may be allotted to me, and I further agree to subscribe to the articles of association when required to do so. I am, Q-entlemen, Yours truly, Signature Name in fu11... Occupation Address., No. Date received. * The Provisional Committee have already subscribed among themselves for 26,475 shares, which they are prepared to take if allotted to tkem. m 6992 EVERY variety of Label for Soda-water Manufacturers, in letter-press. Superior designs in lithograph, at the Evenikq- Stab Office. CARDS, Circulars (on note or letter paper) - in plain and fancy type. . Carters' • Rnco'pfa printed, bound and perforated,)' i!iBmnroSsAa Office.