PUBLIC NOTIC 6th. It is not intended by tl this Bank shall purchase Golc prepared to make advances alised, in the same manner tha to do upon Wool, Grain, or otl 7th. The amount of New Z( the hands of the three Bank trading in the Colony on th( last, as shown by their several i to the Government, appear tl ing odd numbers : Deposits. Cii Union Bank of Australia ... £870,000 £1 Bank of New South Wales... 560,000 1 Bank of Australasia 193,000 Showing a total o or nearly two millions of mon colonists entrusted to Boards Melbourne or Sydney to contr as it may please their tastes ; convenient for the good of cc toria or New South Wales; or regulation of their exchange op Colonies. Bth. The Promoters, in placi facts before the people of this ( point out the very great dif colonists are sure to labor unde rather giving—such a large sr stated above to foreign Banks, to the people here at very high and on most arbitrary conditio fore have no hesitation in sag; denoe and wisdom of the ci within their own domain the of their own moneys, as by so most effectually destroy the rial tary disturbances, which they 1 than one occasion to deplore in 1 about solely by some crisis tha one or other of the Australian the real interests of the fore strongly take root. 9th. It has been determined 1 that the first issue of 200,000 conducted by Committees, t severally in the chief City in and no Shares will be given or Promoters ; but each member o Committee is willing to become the number of Shares standing name.* 10th. It is proposed, at the above referred to, that 5s per S application; that 10s per Sh allotment; that a call of 5s pei and payable two months a that a second call of 5s per and payable four months after that a third call of 5s per and payable six months aft making together 30s paid up further call to be made withir. of the Bank first commenc Dunedin; after which futun exceed 5s per Share, nor be i intervals than three months be Uth. The Act of Incorporat: will be so framed as to limit th Shareholders to twice the ai Shares, the same as the other I 12th. As a thoroughly Colo the Promoters have much plea recommending The Colonial Zealand to the support of all the real welfare of New Zealar an institution is much wantei time, and as the development proceeds, its usefulness will al be more and more appreciated, vestment for the savings of th< a useful Bank. Judging from 1 sound experience possessed b; Members of Committee, it is similar Institution has ever ye in the Southern Hemisplier auspices. Applications for Shares will at the Temporary Offices of 1 street (late Club), where font and full information can be obl FORM OF APPLICATION Date TO THE PROVISIONAL OS’ THE COLONIAL BANK C LAND. Gentlemen, —I hereby mak Shares in the above hand you herewith the sum of beititr the am mint of Pi vp Shi
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https://paperspast.natlib.govt.nz/newspapers/ESD18740512.2.2.3
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Evening Star, Issue 3500, 12 May 1874, Page 1
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521Page 1 Advertisements Column 3 Evening Star, Issue 3500, 12 May 1874, Page 1
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