will be opened. iniDunadifj^iu suitablo premise! already secured under offer, and thereafter Bronchos will gradually be opened,, in the chief contrcs of settlement Ihroughbut'tho Colony. sth. Ifc will be the chief aim 1 of the Promo-, t<rs_ofthi'» Bank to aiil and cbnsorv ©"' alikV the interests of the whole community in this Colony; ' The Mercantile,-. Trading,-. Pastoral, Agricultural, Miniug, Aris.TVandLnbourrffg clacses will each have fair Iroatment and support from the Colonial Sank. To the mining interest speciitl altcntioji -nill bs given, with a de?in* to at quire for Ihe -Miners tho Mint value of their golj, vihctlu-r in krgo or small qunntilies, and nnlil such viluc can beasscrl,ii"td a liberal a iunpi v.ii' be m-id-j upon ,".»iy gold doposiled for tbopurpo^-j oi coin "go. 6Lh. It 13 noL irito/id *d by tho Proniio'ei's that this Jla-ik shall purehasb Gold, but merpiy be'prepared io make advances upon it until lvnlisc.}, in iho same munn'r that it will bo reatly lo do upon Wool, Grain, or ol h«v -iro^uce. • • - - Vth. Tlie araoa^la of Few Zealand Money In the lianrig of 'tho three Banks ' from Australia {idling in the Colony on'the 81st December last, a* shewn by their several vofurns furHslied to the Government, appear thus, wilhoufc giving odd numbers :— Deposits. Circulation. Total. Union Bank of Australia .. £570,000 .. £123,425 .. £903,425 Bank of New South Wale-. GGO,OUO .. 101,849.. CG4,549 Hank of Austra- ' ''T'ia •• •-• 193,000..' 38,902 ..' 231,902 Shewing a total of .. £1,890,230 ov nearly two mill-'ons nf money bplon^in!? to . colonies entruifcd to "Boards of Directors in M^ournc o- Pydney to coutrol or manipuli'o «tiL may pleiso tlieir f-jslep; or as' it, " w )!' Vo ponvenioni for Ihe »ood of commerce in Victoria, or Npw.South Wales ; or for tho bo'T-finiil recrul.'ih'on o? t'\eir oxchango opera tion" i"< flsosr Colonies. Sfch. The Promolova, in placing the foregoing frtc's berore ilio pco.jle of thi-i Oolonvdesii'-* to poi'if ouf, Iho very givat disadvantap,eq thai colonists are atire to Jabor under by lending—or rather giving—such a Inrgo sum of money 'is staled above lo foreign Banks, to bo Icn! bac^ ro tho people here nf very bigh vfl^cs of interest, ami on mo<fc*arhili ini»y eondilion I. They hove no hesitation in suggesting Iho prudence find wisdom of tli3 colonists keeping within their own domain the absolute control of their own moneys ; as by _so doing they will most effectually destroy the risk of (nturo 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 i" one or othor of ihe Australian. Colonies, where the real interests of the foreign Bapk most' strongly tnk" 3-o -<;.
9'h. I 1"' has been determined by the promo, cis thai the flrst issue of 200,000 sharqs, shall be conducted by committees, to be appointed severally in the chief oitv of cash province, nnd 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 sianding opposite his jiame.f. lOfh It isiproposed at; lh!eassue'of share's above referred to tliat 5s per sliare be paid on application; that 10s per share be paid on allotment; that a call of 53 per share, be made find payable two months after allotment; that a second eall'of 5s per share "be ii< ado and p)vable four months arer allotmenl ; and that a third call of 5s per share be made and payable sis months after allotment, — making together 30s paid up pc? share. No further.call lobe v inado within twelve months of I the Bank first commencing business iv Dunedin ; afrer which future calls will not exceed 5s per share, nor be made at shorter intervals fclinn three months between each call. 11th. The Act of Incoiporation for this Brink will bo st frjmod as to limit the liability ui'tlie shareholder io twice the amount of thjir ' share/, iho i\amo a^ ihe other Bunks. > 12th. As'i th?irougUly colonial instif'ution, the pi'omf/ie-'a i-avf much pie isure m strongly recom'tienuinij: "Tnu Coloxi>l Bane op New ZrAJDAM) " io the support of all colouista having tho :efil welfare of New Zealand at h'eatfe. Such an iusriiulioa i 3 much wan tod at t?je present time, and as tho development oi ihe colony proceed*, iis usefulness will aleo increase, and be more and more appreciated, both sis an investment for tho savings of the people, and as a useful Bank. Judging from tht> influence and sound experience po?scssj6d by <he promoting ,members of committee; it *is certain' thai* no. similar institution has ever yei been launchod in the Southern Henvspharn under better >>uspices. A deputation of Irovj'sional Direc'ors will visit Auckland iira fo\v- days foi< the purpose of co-operatiiiw vith a local Provisional Oommitteo. Moaniime foru ns of application, for shares lru.y b,c obtained, and applications may be'lodged"with' the Union 'Bank' of Australia aud Bank of Australasia. FOKM OF APPLICATION FOR SHAKES. Date 18(7*. TO THE PROVISIONAL COMMITTEE OF- 1-, ■ THE COLONIAL BANK OI\NEW ZEALAND. ** «——. i * i« i GENTiiEArrw, —I hereby make application for shares in the'iibpvn compatiyj and hand you herewith the..sum of £ t ~[ being tho amount of Five shillings per share deposit on the same; and I agree to take the find shares, or any loss number that may be allotted to me, and I further ngree to sub • ficribe to the articles of association when required to do so. I am, Gentlemen, *' " Yours truly, Signature , Name in full j; • Occupation. • Address., No. Date received. . ' * Tlie Provisional Committee have already subscribed atrong themselves for 25,475 shires, which they are prepared to take if allotted to them. , v m 6992 "OVERY variefcyVoi Label for Soda-water JLj Manufacturers, in^etter-press. Superior designs in lithograph, 'at' the Evening Stau Office. ' "/OAKDB} Circulars (on note or letter .paper) \J mpluuand fandy typo. (/ Oarteifs/.^lt''- , cc ,ls printed, oound'aud perforated,4*,.*!:• EYMTOG SSAB'OffiOft- 'v' '"O** *' i '>-"*> *
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THS18740530.2.23.4
Bibliographic details
Thames Star, Volume III, Issue 1687, 30 May 1874, Page 4
Word Count
974Page 4 Advertisements Column 4 Thames Star, Volume III, Issue 1687, 30 May 1874, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.