Page 4 Advertisements Column 6

Clutha Leader, Volume I, Issue 3, 23 July 1874, Page 4

DUNEDIN lADV^BTI'SEMENTSi ; > U; ';';•-•' P'P *■''".' P' "/'"//"■ ' "- '-,';.-;-' _T:**PZ' A«riculturali Mining; Artjzan, r . and ;Lajbo#ng- ! classes will i e^h have .fair . trea^ | support / from/tbe. Colonial Bank./ To the; Mining, Inlelest Especial ~ alteMpri rJof given, with a- desire to acquire f or; the 'Miners ' the Mint Value.of their gold, /whether; h> large or small quantlties,/and until such yaliie can' be ascertained ft liberal advance "will be'made upenahy Gold deposited for the purpose ? of cpihagb;;v: ; '://.; ;, - v - ; / ''■"-'■■ ; ■■;;:<.. (j .;;.-,■.) ■, It is net : intended ■by the. Promoters . that this Bank; shall . purchase, . Gold,: r but; merely be prepared to make advances upon it until realised, in the' same manner that it will be ready Vb do upon Wool> Grain, or other produce.. • - '•'.'.; ;/-. ;;, ;[■:•.,. / '7th. ; The amount of New Zealand. Money" in the/ hands' of the three Banks from Australia trading in the Colony on the 31st December last, as shown by their 1 several returns furnished to -the. Government, appear , thus, without giviriVbdd numbers ':— . : . , • Deposits. Circulation. Total. ' Union Bank of £. £. £. „ Austral^ ... 870,000 123,425—993,425 Bank of New South Wales 560,003 104,849—634,849 Bank of Aus=- - ( frahishv „, 193,000 38,962— 231;962 Showing a total of 1,890,236 or nearly two millions ox money belonging o colonists entrusted to Boards of Direc edrs 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'; 6t /tor ihe beneficial regulation of their exchange operations in those Colonies. Bth. The, Prompters, in placing the foregoing facts before the people of this Colony, desire to point out the very great disadvantages that colonists are sure to labor under by lending— ar 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 ou most arbitrary conditiohs. 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 nsoneys • asby t so doing they will most effectually desfrdy the risk of future monetary disturb-; ances, which they have had oh more than one occasion to deplore' in the past, brought about, solely by fame crisis that has occurred in one' or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take foot. ?th. It 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 in each ! . Province^ a^d 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 snares standing opposite to his name. * 10th.- It is proposed at the .issue of Shares above referred to that 5s pe> share be paid on-f application; that fus per Share be paid on , Allotment ; that a Call of 5s per Share ba ' 'made anil payable two months after Allotment ; tbat 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 months after Allotment—making together 30s paid up per Share, No further Call to be made within twelvermonths of the Bank first commencing busi- , ness in Dunedin -, after winch 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 thej 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 urstrongly recommending "The Colonial B*nk of New Zealand" to the support of all Colonists, r having the real welfare of New Zealand at ' heart. Filch 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. Applications for Shares will how be received ; ; at the Temporary Offices of the Bank, High- . street (late Clu*), where Forms of Application '; "and full information can be obtained. Messrs. Stewart and Gow, and Robert Grigor, Esq., Agents at Balclutha, will receive applications. FORM OF APPLICATION FOR SHARES. 1 Date..., .....1874. TO THE PROVISIONAL COMMITTEE OB* THE COLONIAL BANK OF, NEW ZEALAND. : Gentlemen— l hereby make application for Shares in the above Company ; and hand you herewith the sum of JE. being the amount of Five Shillings per Share deposit on the same ; and I agree to take the paid Shares, or any less numbr that may be allotted to me, and I further, agree to subscribe to the Articles of Associa- ; tion when required to do so. I am, Gentlemen, . Yiura truly, Signature..... Name in full. , 0ccupati0n......„........:... Address;.... No. Date 'received* , : , . * The Provisional Committee have already subscribed among themselves for 25,475 Shareay which they are prepared to take if allotted to them. . .^ . ,--•!'' :•.-'-•. .' -;,". i..'. V\UEEN'S LIVERY, STABLES, V£ . GREAT KING-STREET^ (Entrance also by George-street^ between' A\ and T. Inglis'and Sussex Hotel.) i W. BACON is SONS -.>; Proprietors.' Buggies and Saddle Hoftes on hire at lowest rates. ; Wedding Carriages^ etc: Up Commercial Travellers found with horses and: traps— long or short Jo-aTnays. ! j Horses and Harness bought and'aora onepm- ' ' : . :• --/ mission;^ .-, /,..,. I Ne# and second hand Bungles, Harness; Stddlet, ete.,onsaleprexchaUge, . .; i First-class Livery Accommodation. j 1 WE L L PA B E BREW ES V, / r! ;,,;r>UNEDiN. .',.":' _ '■ / " : *A^ ;? -.'%^ ./ : MALTSTERS and BREWERS, JA BfIES Xi ,M* G U&LQG IL; Sharebroker, I^d, Estate, and General -;- -XooMtsslbh^gerit, ' " ; *.*Pp ]'p No. 1 Chambers; Frihces-street, Dunedin^ 1^ ■-'• .^■''. PAbt^^wtaot/A^bmt> ;^'s - -_yi_ ;;t. " Byvyi^\:Mir:-ir^U: P ://S / O;tICLT.pIB-j ; ,.;,,^,-L^ bSBm-oks 5 Fiiatit^ m^ pifc^ijlßßC