Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1691, 4 June 1874, Page 4

i will bo opened in Duncdin, in suitablo promises already secured under offer, and there-! after Bv&riches will gradually ba opened in; the chief centres of settlement, throughout theColony. sth. It will be the chief aim of the Promoti rs of this Bank to '-aid and conserve alike! the interests of the wbolo community in this: Color.y. The Mercantile, Trading,. Pastoral,Agricultural, Mining, Arisan^and-Labouring; daescs will each hare fai? treatment and sup ■ port from tho Colonial Bank. To the mining' interest special attention will bo given, with \ a desire to acquire for tho Miners the Mint' -value of their gold, whether in large or small quantities, and unfil such value can bo ascer-. tamed a libci'al advance will bo made upon any gold deposited for thepurpose of coiiiige. 6t,h. It isnot intended by the .Promoters: that this Bark shall purchase .Gold, blit merely be prepared to moke adyaricea'npon it until, realised, in tho same, manner that it will bo ready to do upon Wool, Grain, or other produce. 7th. The amounts of New Zealand ."Money in tho ; hands of the three Banks' from Australia, tracing in tho Colony on-the Rlst December last, as shewn by their-several re! urns furnished to the Government, appear thus, without giving odd numbers :— Deposits. Circulation. .Total. Union Bank of ' Australia .. £870,000 .. £123,425 .. £903,425 Bank of New South Wales 500,000 .. 104,819 .. 004,819 - Bank of Austra- ; :lasia, .. .. 193,000 .. 38,962 ..- 231,962 Showing-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 manipulate ao it may please their tastes; or as it may be convenient for the good of commerce in Victoria or New South Wales; or for the beneficial regulation of tbeir exchange opera tions in those Colonies. Bth. The Promoters, in placing the foregoing fac s before the people of this Colony' desire to point out the very great d:sadvantages that colonis's are sure to labor under by lending—or rather giving—such a large sura of money as stated above to foreign Banks, to bo lent back to the people herelafe very high rates of mterest-, and on most arbitrary conditions. They therefore have rib hesitation in suggesting the prudence and w'sdoin of tha colonists keeping within their own domain the absolute control of their own moneys ; ns by so doing they will most effectually destroy the riskof future monetary disturbances,-' which .they havo had on more than one occasion to deplore in tho past, brought about, solely by some crisis that has occurred in one or other of the Australian Colonies, where the real interests of tho foreign Bank most strongly take root. 9th. It has been determined by tho promotors that the first issue of 200,000 shares shall bo conducted by committees, to bs appointed severally in the chief city of each province, and no shares will bo 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 bis 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 poid on allotment; that a call of 53 per sha-re be made end payable tyro months after" allot-, rnent; that a second call of 5s per share be E-.ade and payable four months after allotment ; and that a third call of 5s per share bemade and payable six months after allotment —iriaking together.3os paid tip 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 r made at shorter intervals than three months. ))e' ween 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 havo much pleasure in strongly recommending "The Colonial Bank of New ZvAZAVb " to the support of all colonists having the real welfare of New Zealand at hear*. Such an institution is much wanted at the present time, and as tha development pf the colony proceedp, its usefulness will also'increase, and be more and more appreciated, both as an investment for the savings of the people, and as a ireful Bank. Judging from the influence and sound experience pof seseed by the promoting members »of committee, it is certain that no similar institution has ever yet been launched in the Southern Hemifphare under better ruspices. A deputation of,Prov:sionalDirec fors will visit Auckland in a few days for tho purpose of co-opera',ing 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 ,;........18*4. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK 03? NEW ZEALAND. ■.. ? Gentiemkk, —I hereby male application for shares in the above company, and ' hatid you herewith, the.cum of ■£, bei::g the amount of Five tliillirigs pcrshar'o deposit on tlie-saiu'e; and I agree to lake tho said shares, or any lees number that may be allotted to mo, an<l I further agree to sub scribo to ihe articles of association when required to do so. I nm, Gentlemen, Yours truly, Signature Name in full Occupation '. Address. „,.,,.,,,,, No. • Date received. * The Provisional Committee havo already subscribed an ong themselves for 25,475 share?, which they aro prepared to tnko if a lotted to them. n~G992 JTIVERY variety of label for Soda-watt r li Manufacturers, in letter-press. Superior designs in lithograph, at the Eveihxo Stab Office. /OARDS, Circulars (on nolo or letter paper) \J in pl-in find fancy lypc. Carters' Rccoijiis printed, bound ar.cl perforated, tho ISvEHINa Stab Office.