Page 5 Advertisements Column 1

Clutha Leader, Volume IV, Issue 191, 8 March 1878, Page 5

3» ew Advertisements riLUTHA PROPERTY INVESTMENT AND BUILDING S 0.0 1 B TV. ISSUE OF NEW SHARES. President : yfy T. T, RITCHIE, Banker. Vice-President : @ ALEXANDER GRIGOR, Teacher. Committee: Robert Cramond. John Low. Robert Hogg. G. W. Hutchins. Jambs O. Young. William: Hope- ! Alexander Bain. R. Bentham. Robbrx Doull. ■? Secretary: Thomas Paterson, Acccountant. Bankers : The National Bank of New Zealand. Paid-xjp Capital on 1300 Shares, £15,000. Annual' Revenue ... ... £4,800. Head Office : Balclutha. AGENCIES: Kaitangata . . David Dunn. Inoh Clutha . . George Bell. Port Molyneux . James Paterson. Clinton . . . Garden & Young. Mataura . . William Main. Tapanui . . This Society, established in August, 1870, has done much to foster the progress of the Clutha and adjoining districts, loans of from- £SO to £500 having been granted by the Committee of Management on the security of freehold property in town and country, amounting in the aggregate to £25,000, I The original series of shares running off during the course of the current year, the Committee have determined to comply with a very generally expressed wish for a U new series, thus affording an opportunity to Investors and Borrowers becoming members 'of the Society on favourable terms. 7 The present appears in many respects, a; particularly opportune time for file Society extending its business. The Safety of, Loans effected under Building 1 Society Rules is proverbial, and the profits in all Societies, managed with care and prudence, are large. To ordinary investors therefore wishing to lay past small sums monthly, no better investment dr more profitable return for money can be obtained., The* average, profits made by this Society from its commencement has been upwards of 14 per cent.' per annum. For borrowing purposes it is a well known fact over and over again proved, that these societies afford by far the cheapest and readiest means available for raising money, j Borrowers being also shareholders, . thus obtain an equal share in the profits, and as the rate of interest charged is only 8 per cent, the; profits much more than cover the interest, the balance being available in reduction of the Loan. The shares will be of the ultimate value of £25, raised by monthly subscriptions of 3a. per share. Discount will be allowed on subscriptions paid in advance. Provision is made in the rules for members withdrawing the whole or any part of their investments with a share of accrued '% profits. ... r 7 * The Obinmittee are desirous that apy plication for shares be made with as little i delay as possible, and due notice will be given when the.fir_jt monthly subscription wpl be payable. I Forms of application for shares can be "$. obtained from the Secretary, Balclutha, p {4 yisom the.Agentsj Mid must be accompaLM with a deposit of 2s. per share. BalclnthayiMarch, 1878. 129 '*- _••--'■'* ■" - TMPOUNDED -on the 22nd day of 'k February, lß7B^ by John ! Sinclair, Ranger, y -.'-:y . - - - -:K- ■ -.- . . • J one red and • white cow. branded Jjtf off ■*■- - . : -'- y' ■' '■ ■ '■ .' - •§f- rump,plecequtofqffear; one redand white j W calf, branded Jjjfoff rump, piece out of jj off ear} one trod cow, branded Jjtf off Irump. piece out of off ear, calf at foot; owner unknown, lor trespassing on public streets, Balclutha, and in default of being released, the above cattle will' be sold to defray expenses a - JOHN SINCLAffi, Poundkeeper of the Balclutha Pound. 137