Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1692, 5 June 1874, Page 4

will be opened in Dunedin, in suitable premises already secured under offer, and there-; after Branches will gradually be opened in the chief centres of settlement throughout the Colony. sth. It will be the chief aim of the Promoters of this Bank to aid and conserve aliko the interests of the whole community in this ColoDy. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artisan, and Labouring claeseß will each have fair treatment and sup port from the Colonial Bank. To the mining; interest special attention will be given, with a desire to acquire for the Miners the 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 any 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 it 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 the 81st December last, as 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 . - ; South Wales 660,000. .. 104,849 .. 604,849 Bank of Australasia „ .. 193,000.. 38,962... 231,962 Shewing a total of .. £1,890,236: or nearly two millions of money belonging to; coloniets entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as 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 their exchange opera tions in those Colonies. Bth. The Promoters, in placing the foregoing fac's before the people of this Colonyl 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 moat arbitrary con-. ditions. 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 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 tot 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. j 9th. It has been determined by the pro-, motera 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. 4* 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 shore 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 be made and payable six monthsafter allotment —making together 30s paid up per share. No further call to be made within twelve months of the Bank first commencing business in Dune*, din; 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 shares, the same as the other Banks. 12th. As a thoroughly colonial institution, the promoters have much pleasure in strongly recommending "The Colonial Bank o* New Zbaia.ni> " 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 may be obtained, and applications may be lodged with the Union ißank of Australia and Bank of Australasia. FORM OF APPLICATION FOB SHARES. DatZ1.......»......18& TO THE PBOYISIONAL COMMITTEE OF THE COLONIAL BANK OP NEW ZEALAND. v 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 subscribe to the articles of association when required to do so. , ;, I am, Gentlemen, Yours truly, Signature... ...i........... Name in fall 0c0upati0n.,,,.,..;.„..., Address........ ; No. ■'.'' ■ ■■' ■• ■" ■ ■ Date, received. V ; }■■:.* The Provisional Committee have; already subscribed among themselves for 25,476 shares, which they are. prepared to take if allotted to them. : m 6992 EVEBY variety ofLabel for Soda-water Manufacturers, in letter-press. Superior designs in lithograph, at the EVBHIKa Stab Office. r\ AB.DS, Circular! (on note or letter paper) \J in plain and fancy type. Carters' Be« oeipts printed, bound and perforated, the BviiifreiJtAtfblic* ;" ' :•