Late Advertisements. PROSPECTUS OP IHE COLONIAL BANK OF NEW ZEALAND. CAPITAL .... £2,000,000 In 400,000 Shares of £5 each. To be offered to the Public by a fibst issue of one-half, viz., 200,000 Shares, To be called up as follows : Five Shillings on application j 10s on' allotment ;5s two months after allotment; 5s four months after allotment; 5s six months after allotment; which will amount to £300,000 paid-up Capital at end of six months. No further Can will be made for 12 months after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to be made if required, at intervals of not less than three months thereafter. Provisional Committee : The Hon. Mathew Holmes . W. A. Tolmie, M.H.R. E. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.0., Runholder J. M. Eitchie, Russell, Eitchie, and Co. Charles Nichols, Dalgety, Nichols, and Co. James Rattray, Dalgety, Nichols, and Co. J. L. Butterworth, Butterworth Bros. Robert Wilson, R. Wilson and Co. Keith Ramsay, Jetty street George M. Bell, Runholder, Southland. John Cormack, of Morrison and Company 1 Blue Spur J Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnach, Guthrie and Lamach Daniel Campbell, Great King street Sr * i un> » Princes street W. M. Hodgkins, of Howorth and Hodgkins R. J±. Leary, High street j. H. Harris, Solicitor Wm. Fraser, of Strode and Fraser, Runholder J. Logan, Runholder Walter Miller, Runholder J. A. Connell, of Connell and Moodie W. Stewart, Barrister M. Price, Dunedin J, S. Webb, Webb and Fulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson » W. Gellibrand, Runholder D. F. Main, Barrister-at-Law W; J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray street James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert GiUies, Gillies and Street Donald Reid, M.H.R. C. R. Ho wden. Distiller, Cumberland street Charles Reid, Princes street R. Glendining, Ross and Glendining Dr Edward Hulme Runholder, Mount Royal p y ? r - 1 ! h o\^ rig J hfc ’ Ste Phenam, and Co. C-. r. Reid, Stafford street <* Paterson, Paterson and M‘Leod R. M. Robertson, Distiller, Rattray street James Shand, M.P.C. Wm. Barron, Barron, Grant, and Co. Wm. Park, Park and Curie" George Elliot Barton, Barrister-at-Law W. D. Murison, Editor ‘ Daily Times’ Charles De V. Teschemaker, Runholder. Taipo Oamaru ’ * David Proudfoot, Railway Contractor Edmund Smith, Dunedin Savings Bank Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M‘Neil, Briscoe and Co. John Bathgate, R.M. E. R. Cargill, Cargills and MLean H. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin M.P.O., East Taieri William Snow, Outram, West Taieri A. J. Smyth, Contractor Thomas Birch, Merchant Ed. Hedbert, Mayor of Lawrence Robert Pritchard. ‘Arrow Walter Inder, Naseby J. Malaghan, Queenstown Job Wain, Manse street James Fulton, R.M. Scanlan, Scanlan Brothers, Princes stree William Kennedy, Rattray street The Hon, John MLean, Redcastle,- Oamaru With power to add to their number.
Bankers; The Union Bank of Australia. The Bank of Australasia. Ist The great want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand haying been long felt, it has been determined by ,the Provisional Committee to supply the same by placing before the public the present carefully considered scheme, with the full confidence that it will meet with very general support. J 2nd. As a first step, it is proposed to offer to the people of this Colony one-half of the nominal capital, or 200,000 shares, in fair proportions to each of the. Provinces throughout New Zealand, on the basis of the respective populations of each Province, reserving the other half to be disposed of hereafter, as the rapid progress of the Colony may demand and shareholders may decide; but in no instance will any of the remaining shares be offered for sale out of the Colony without having been first offered to the Colonial holders, nor will any but a New Zealand Register be kept. 3rd- It is intended _ that the Head Office of the Bank shall be in Dunedin, and that a G-eneral Manager of high professional standing shall be appointed to guide the operations of the Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise with the General Manager, and generally watch the interests of the whole Institution. 4th. As soon as a sufficient number of Shares shall have been applied for to warrant the com* mencement of business, the Head Office will be opened in Dunedin, in suitable Premises already secured under offer, and thereafter Branches will gradually bo 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 alike the interestsof the whole community in this Colony The Mercantile, Trading, Pastoral, Agricultural, Mining, Artizan, and Laboring classes will each have fair treatment and support from the Colonial Bank, To the Mining Interest special attention will hr given, ?with a desire to acquire for the Miners the Mint value of their Gold whether in large or small quantities, and unti ? suca value can be ascertained a liberal advanci will be made upon any Gold deposited for tin purpose of coinage. is “° fc hit ended by the Promoters that this Bank shall purchase Gold, but merely be prepai ed' to make advances upon, it until realised, in the same manner that it will be readv *"°rr ? u P on Wool, Grain, or other produce. •kh. 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 several returns furnished to the Government, appear thus, without giving odd numbers : Deposits. Circulation. Total. Union Bank of Australia ... Bank of New South Wales... Bank of Australasia £870,000 £123,425 £993,425 560.000 104,849 664,849 193.000 38,962 231,962 , Showing a total of ... £1,890,1 or nearly two millions of.money belonging colonists entrusted to Boards of Directora Melbourne or Sydney to control or manipul as it may please their tastes : or as it may convenient for the good of Commerce in "V tona or New South Wales; or for the benefit ColodeB n 4^eir excliaßse operations in th
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Evening Star, Issue 3492, 2 May 1874, Page 3
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1,063Page 3 Advertisements Column 4 Evening Star, Issue 3492, 2 May 1874, Page 3
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