Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1686, 29 May 1874, Page 4

will bo" opened, in Duuedin, in suitable premises already secured under offer, and thereafter Branches will gradual^ be opened in the chief centres of seLtlemont' throughout the! Colony. -' ' ' '"■ '

sth. It will bo the chief aim of the Promoters of this Bank to aid and conserve alike the interests of the-whole' community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Arlhan, and Labouring classes will each hayo faie treatment and support from the Colonial Bank. To the mining interest special attention will bo given, with^ a desire to acquire for Iho Miners the Mint value of thcii 1 gold, whether in large or small quantities, and umil such value can be ascertained a liberal advance will be mada uponany gold deposited for the purpose- of coinage. 6th. "it is not intended by the Promoters that Ibis T?ar>k shall .purchase Gold, but moroty be prepared- to make advances "upon it until realised, in the same manner that it will bo ready to do. upon Wool, Grain, or other produce. 7fch. Tlie amounts of Few Zealand Mon-.-y in tho bauds of tho three Banks fro.m Australia trading in the Colony on tVte 31st December lai?t;"af! shewn 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 .'■ LJe.,# South "Wales 560;000 .. 104,549 .. CG^SiO BanV of Australasia .. , .. 193,000.. 38,9G3. ...■231,902 Shewing a tot.il of .. £1,890,236 or, nearly two millions of money bolonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate aa it may /please^their tastes; or as it mnv be convenient for the good of commerce in Victoria or New South' Wales ; or for tho beneficial regulation oF their exchange opera >tions in those Colonies. - ■■& Bfch. The Promoters, in placing tho foregoing fac's before the people of this Colonyl desire to point out the very great disadvantages that colonists are sure to labor Tinder by lending—-or;rather,giving--such a.large' sum of money as stated above to foreign Batiks; to' b;e 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 domain the absolute control of their own mpnepij; as by| .Bo.dbin£ they will m6»t effeoWatlyaieitroT 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 others of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. \ 9fch. It has be^en determined by, the pro-. motevß that the first issue of ''200,000 shares' shall be conducted by committees, to ba 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 hi 3 Dame:* ' • ' 10th. It is proposed at the issue of shares above referred to that 5s per share be paid on applicatisn; that 10a per shave be paid on allotment; that a call of 5s per shs&'o be made and payable two months after allotment ; that a second oall of 53 per share be made and payable four months afrer allotment ; and that a third call of 5s per share be made and payable six rnonthaafter allotment —making together 30a paid upper share. No further call to be made within twelve months of the Bank first commoncinfr business in Dunedin ; after which future calls will not exceed 5a per share, nor be made at shorter intervals than three mouths between each call. 11th. The Act of Incoiporation for this Bank will be so, framed as to limit the liability of the shareholders to twice theaniounfc of thoir ' shares, the same as the other Banks. 12th. As a thoroughly colonial institution, tlie promoters have much pleasure in Btrougly recommending "The CoLOSiiii .Bank of New Zealand " to-the support bf all colonists having the real welfare of New Zealand at heart. Such an institution is much wanted at the present time, and as the developmciat 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 ujeful Bank. Judging from tho 'influence and, ..sound experience possessed by the promoting members 1 of committee, it is certain that no similar institution has over yet been launched in the Southern Hemisphere under better auspices. A deputation of Provisional Directors will visit Auckland iv a few days for the purposo of co-opera'.ing with a local Provisional Committee. Mdanliaio forms of application for shaves may be obtained, and applications [ may bo 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/ Q-ENMiEMEN,—;l, hereby mako application for shares in Ihe'a'boye company, andhand you herewith the sum bf £ /. being the amount of Five shillings per share deposit on tile 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, Gtantlemen, ' iTourp truiy^ ' ' , * •; • ' . Signature ;• < „ , - „ Name in full Occupation Address..... No. ■" ' Date received. . ! ■ * The Provisional Committee have already' subscribed among themselves for 25,475 shares, which they'are prepared to take if allotted to them. * m 6992 EVERY variety of Label for Soda-water Manufacturers, in letter-press. Superior * designs in lithograph, at the Evasnua Stab Office. ' .' -" : i i ■. >. ■ .', *'^ '-/ Y^KIRBS^ Circulars (on note or letter paper^ \j in plain and"fancy.: type. ;<\Owtei*':-J&&J ceijft.3 printed, bound ana perforated,! tin j ttYaraaSw-iQffioe. |