Page 3 Advertisements Column 2

Evening Star, Issue 3106, 1 February 1873, Page 3

Late Advertisements. The national bank OF NEW ZEALAND, Limited. Incorporated under the Companies Act 1862 and 1867, with power to apply for Incorporation by an Act of the General Assembly of New Zealand. Capital—Two Millions Sterling, in 200,000 Shares of LlO each. First issue, 100,000 Shares of LlO each, Of -wtiicK one-tbird. is specialty reserved for the Colonies, the other two thirds having already been allotted in England. Deposit on application, 10s per share ; on allotment, 10s per share. With Calls every three months after allotment of l()a per share until L2 10s per share is paid up ; after which no call shall exceed LI per share, or be made at intervals of less than three months. It is proposed that the Paid-up Capital shall not exceed L 6 per share. DIRECTORS. Chairman : Charles Magniac, Esq., M.P., of Messrs Matheson and Co., 3 Lombard street, E C. Deputy-Chairman : Dudley Robert Smith, Esq.. of Messrs Samuel Smith, Brothers, and Co., Bankers, Hull. Colonel Sir Thomas Gore Brown, K.C.M.G., formerly Governor of New Zealand. Sir Charles Clifford, formerly Speaker of the House of Representatives of New Zealand. Alexander Grant Dallas, Esq., late Governor of Rupert’s Land, and late Director of the Hudson’s Bay Company. I. E. Featherston, Esq., late of New Zealand. William Smellie Grahame, Esq., late of Auckland, New Zealand, Edward Brodie Hoare, Esq., of Messrs Barnetts, Hoares, Hanburys, and Lloyd, 62, Lombard street, E.C., Bankers. John Morrison, Esq., late Colonial Agent for the Government of New Zealand. William Whitbread, Esq., of Messrs Whitbread and Co., Chiswell street, E.C. Bankers: The Bank of England, The British Linen Co.’s Bank, for Scotland. The Provincial Bank of Ireland, for Ireland. London Temporary Officer : Clement’s Lano, Lombard street. Head Office : Wellington, New Zealand Inspector and General Manager : Adam Burner (now on his way from England). The object of the formation of this institution is to extend to the Tolony of New Zealand the additional hanking accommodation which the recent rapid increase of the population, and remarkable development of the mineral, pastoral, and agricultural resources nf the Colony, so urgently demand • and the intimate acquaintance of the founders with the position and requirements of the Colony enables them to submit with confidence a scheme for the establishment of the National Bank of New Zealand. The Colony of New Zealand is the Great Britain of the Antipodes in respect of its geographical position -in the energetic, prudent, and persevering character of its population—in climate, soil, and minerals ; and offers abundant opportunities for the remunerative employment of capita], which, up to the present time, has been supplied partly through the medium of two local Banks, and partly by Branches of Australian Banks.

The local Banks transacting business are— The Bank of of New Zealand, with a capital of £600,000 The Rank of Otago, with a capital of 231,530 It is propose by this Bank to take over the business of the latter institution. The Bank of New Zealand, established in 1862, has never paid its shareholders less than 10 per cent, per annum Besides these Banks, the following have Branches in the Colony ;—The Union Bank of Australia, the Bank of New South Wales, and the Bank of Australasia. The aggregate circulation of Notes of these Banks, as at 31st December, 1871, was £588,293 The aggregate amount of Deposits 3,569,721 The aggregate amount of Bills Discounted, and other securities 4,189,826 In 1860. In 1870. 99,000 635,982 260,000 22,774,498 The Popubtion of New Zealand (exclusive of Natives) was The Holdings of Land were ... .acres The live Stock—horses, cattle, sheep —was ... head 2 982,943 The Wool exported lbs 6,665,883 The Revenue from all sources £663,976 £2,224,398 The Imports, total value £1 548.333 The Exports ... £588,953 The Shipping, vessels cleared 1860, 398 of 140,293 tons, in 1870, 265,4 7 tons. 10,218 299 37,039,763 £4.639.015 £4,822,756 outwards,. 766 of The Shipping, vessels entered inwards, 1860. 398 of 140,293 tons, in 1870, 756 of 273,151 tons. The total value of gold exported from the Ist January to the 30th September, 1871, was L2 191,205, or I 33,620 more than the total value for the whole of 1870. The Directors are prepared to commence business forthwith, and believe that the capital to be called up can be safely and profitably employed without encroaching on the field already occupied by similar institutions. It is intended to apply to the Legislature of New Zealand, in their next Session, for an Act authorising the issue of notes in the Colony, and for other general purposes ; and to make any consequential alterations in the constitution of the Company in respect of the liability of the Shareholders, which may he required to accord with the conditions affecting the other Banks now issuing notes in the Colony. Copies of the Memorandum and Articles of Association can be seen at Hesketh and Richmond’s, solicitors, Auckland j A. De B. Brandon, solicitor Wellington ; A. W. Morris, Dunedin ; JohnTnglis, Christchurch; Charles Y. Yell, barrister, Nelson. Application forms for shares can also be obtained from the undersigned, who will be glad to furnish any further information respecting the Bank that may be required. By authority of the Board, W. S. GRAHAME, Director. Auckland, January, 1873. THE NATIONAL BANK OF NEW ZEALAND (Limitr])). SPECIAL NOTICE. Application for the 33,333 shares reserved for the Colonies will now be received by the Union Bank of Australia at their various branches in New Zealand, who will supply the necessary “ Forms of Application far Shares,” and receive the deposit of Ten Shillings per Share applied for. Should no allotment be made, Deposits will be returned in full. The Share List will close on 14th February. By authority of the Board. W. S. GRAHAME, Director. Auckland, 13th January, 1873.