Page 1 Advertisements Column 3

Evening Star, Issue 3519, 3 June 1874, Page 1

PUBLIC NOTICES. trial Bank. To the Mining Interest special attention will bf given, with a desire to acquire for the Miners the Mint value of their Gold, whether in large or small quantities, and until sticn value can l)e 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 until realised, in the same manner that it will be ready to do upon W ool, Grainy or other produce. 7th, The amount of New Zealand Money in the hands of the three Banks from Australia trading in the Colony on the 81st 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 ... £870,000 £123,435 £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 colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes j or as it may he 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 pointy out the very great disadvantages that colonists are suro 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 j 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 10s per Share be 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; and that a third call of 5s per Share be made and payable six months after allotment—a making together 30s 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 Incorporaticn for this Bank will be so framed as to limit the liability of the Shareholders to twice the amount of their Shaves, the same as the other Banks. 12 th. Asa thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending The Colonial Bank of New Zealand to the support of all Colonists haying the real welfare of New Zealand at heart. Such an institution is muoh wanted at the present time, and as the development of the Colony proceeds, its usefulness will also increase, and be more and more apprec vestment for the savings of 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 l auspices. Applications for Shares will now he received at the Temporary Offices of the Bank, High street (late Club), where forms of application and full information can be obtained POEM OF APPLICATION FOE SHAPES. Date.... 1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OE NEW ZEALAND. Gentlemen,—l hereby make application for Shares in the above Company; arid hand you herewith the sum of £ being the amount of Eive Shillings per Share deposit on the same ; and I agree to take the said Shares, or any less number that may he allotted to me, 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, "UNION BANK OF AUSTRALIA. Established 1837. Paid-up Capital, L 1,250,000. Reserve Funds, L 400,000. Interest .allowed on Deposit Receipts as under, viz.:— At 3 months, 3 per cent per annum. 6 do 4: do do 12 do 5 do do A. SUTHERLAND. t, Manager. Dunedin, May 5, R H. A. B U R D O N, Pianoforte and Organ Tuner, Late Assistant Organist and Tuner to the f light Honorable in Council the Government of India. Bombay Cathedral. Orders received at Messrs North and Scoullar’e, Eattray street. Tugs, Steam Launches, kO Steam Yachts, Engines, Alills, Cranes, Dredges, Iron Bridges, &c., &c.,’constructed to order, by first-class builders in Loudon. For particulars, apply to DARLING & CO., Adelaide Wine Depot, Princes street, Dunedin.