PUBLIC NOTICES. prepared to make advances upon it until realised, m the same manner that it will be ready u E^ n Wo °l* Grain, or other produce. 7 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 TT , , . Deposits. Circulation. Total. Union Bank of Australia ... £870,000 £123,425 £993,425 Bank of New South Wales. 560,000 104,849 664,849 Bank of Australasia ... ... 193,000 38,962 231,962 Showing a total of ... £1,890,236 or nearly two millions of money belonging to Sr"P 18^s entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes j 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 operations in those Colonies. Bth. The Promoters, 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—or rather giving such a large sum of money as stated above to foreign Banks, to bo lent back to the people here at very high rates of interest, and on most arbitrary conditions, 1 • They therefore have no hesitation in suggesting the prude*lo? 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 to 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. 9 J h - 14 has been determined by the Promoters that the first issue 1 of 200,000 Shares shall be conducted by Committees, to be appointed severally'in the chief City in eswh 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 to his name.* 10th. It is proposed, at the issue of Shares above referred to, that 5s per Share be paid on application; that IQs per Share he paid on allotment; that a call of 5s per Share be made and payable two months after allotment: that a second call of Sa per share be made and. payable four months after allotment: and that a third call of 6s per Share be made and payable six months after allotment—a making together 30s paid up per Share. No **if r °t> to k® ma d o within twelve months of the Bank first commencing business in Dunedin; 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. 12tb. Asa thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending The Colonial Bank op New Zealand 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. Applications for Shares will now be received at the Temporary Offices of the Bank, High street (late Club), where forms of application and full information can be obtained. FORM OF APPLICATION FOR SHARES. Date..,..; 1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BaNK OF NEW ZEALAND. 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 Bald t . Shares, or any less nuiiiber that may be allotted to ine, and I further agree to subscribe to the Articles of Association when required to do so. I am, Gentlemen, Yours truly, Signature Name in full Occupation _ Address No. *•"*" Date received. ♦The Provisional Committee have already subscribed among themselves for 25,475 Shares, which they are prepared to take if allotted to them. para para iron coal comPaNY (LIMITED). SPECIAL NOTICE. 11/TESSRS GILLIES & STREET beg to intimate that the Lists of Applications for Shares in this Company will finally close for Dunedin on MONDAY, the 18th MAY. Samples of the various ores, of the Iron made from them, and of the coal, with the reports and analyses of Dr Black, Dr Hector pud others, may, in the meantime, be seen* and prospectuses and forms of application had, at the office of Messrs GILLIES & STREET, a m on low/ PriDCe s street, Dunedin. April 30, 1874. IMPORTANT NOTICE. Carter and w: heg to inform the public of Otai tney have on sale this season a sr assortment of Extra Large Fruit flZ™'& K o., a K leß ' *“”• * lums - Also, a splendid collection of flowering and evergreen shrubs, con of many varieties, both new and rare. Persons m want of large and well stuff to give immediate effect, would < to call at CARTER AND WEST’S, Nurseymen, seedsmen, and Floris Great King and George streets, Dunedin. M R ESTABLISHED 1862. ALFRED I SURGEON DENTIST Princes Strbkt, Dcnkdii
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https://paperspast.natlib.govt.nz/newspapers/ESD18740504.2.2.3
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Evening Star, Issue 3493, 4 May 1874, Page 1
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969Page 1 Advertisements Column 3 Evening Star, Issue 3493, 4 May 1874, Page 1
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