PUBLIC NOTICES. i L L ) L > 5 J I 9 P b t f b y 9 9 i 4th. As soon as a sufficient number of Shares shall have been applied for to warrant the commencement 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, f ks the chief aim of the Promoters of this Bank to aid and conserve alike the interests of the whole community in this Colony, rheMercantile, Trading, Pastoral, Agricultui al, Mining, Artizan, -and Laboring classes will each have fair treatment and support from the Colonial Bank. To the Mining Interest special attention will br given, |with a desire to acquire for-the Miners the Mint value of their Gold, whether in large or small quantities, and until such value can be ascertained a liberal advance will be made upon any Gold deposited for the purpose of coinage. ' 6th. It is not intended by the Promoters that this Bank shall purchase Gold, but merely be prepared to make advances upon it untii realised, in the same manner that it will be ready to dp,upon W ool, Grain, or other produce. Tth, : 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, appeat thus, without giving odd numbers 1 * •' 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 0f... £1,890,236 or nearly two millions of money belonging to colonists entrusted to Boards of Directors 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; 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 be lent back to the people here at very high rates of interest, and on most arbitrary conditions. 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 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. 9th. 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 } 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.* 1 ’ ,10th. It is proposed, at the issue of Shares above referred to, that 5s per Share be paid on application; that 10s 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 5s per share be made and payable four months after allotment; arid that a third call of 5s per Share he thadp and payable six months after allotment—a making together 80s paid up per Share. : No further call to be,made] 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 Snares, the same as the other Batiks. 42th. As a thoroughly .Colonial Institution, the Promoters have much pleasure in strongly recommending The Colonial Bank of 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, arid be more and more appreciated, both as an investment for the savings of the people, apd as a useful Bank, fudging from influence and sound possessed by the prqmotipg 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. POEM OP APPLICATION FOE SHARES, Date 18 TO THE PROVISIONAL COMMIT! OF THE COLONIAL BANK OP NEW i LAND. Gentlemen, — I hereby make applicatio , Shares in the above Company hand you herewith the sum of £ being the amount of Pive Shillings per ! deposit on the same; and I agree to tak sa, ld Shares, or any less number may be allotted to me, and I further agr subscribe to the Articles of Association required to do so. I am, Gentlemen, Yours tfqly, Signature.,., Name in full " Occupation.. „„ Address.. *" No. Date received, * The Provisional Committee have ah subscribed among themselves for 25,475 SI which they are prepared to take if allott them. PARA PARA IRON AND COAL COMPANY (LIMITED). SPECIAL NOTICE. iVfESSRS GILLIES & STREET beg to intimate that the Lists of Applications for shares in this Company will finally close tor Dunedin ou MONDAY, the MA Samples of the various ores, o made from them, and of the coa] reports and analyses of Dr Black, : and others, may, in the meantim and .prospectuses and forms of had, at the office of . Messrs GILLIES & STRE Princes street, ] April 30, 1874. IP John Jackson, of Geelong, will call at Mackerras’s store, Bond street, he will hear of employment. , ;
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https://paperspast.natlib.govt.nz/newspapers/ESD18740506.2.2.3
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Evening Star, Issue 3495, 6 May 1874, Page 1
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1,047Page 1 Advertisements Column 3 Evening Star, Issue 3495, 6 May 1874, Page 1
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