Page 1 Advertisements Column 3

Evening Star, Issue 3524, 9 June 1874, Page 1

PUBLIC NOTICES, tention will bf given, with a desire to acquire tor he Miners the Mint value of their Gold whethei i large or small quantities, and until such value & 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 until realised, in the same manner that it will be ready do °°l> Grain, or other produce. V 1 ® 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 TT . „ , „ Deposits. Circulation. Total. Union Bank of Australia £870,000 £123,425 £993,425 Jxtnic or .New ife" oStai. 56 ° 100 ° 1M ’ 549 asia 193,000 38,962 231,962 Showing a total of ... £1,890,23f or nearly two millions of money belonging tc colonists entrusted to Boards of Directors ii 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 Colonies 011 ° f th<?lr exchan S e operations in those 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 givuig—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 vvithm their own domain the absolute control of them 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, +w h +‘i Ifc o ha f V een determined by the Promoters that the first issue of 200,000 Shares shall be conducted by Committees, to be appointed severaUy m 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 he number of Shares standing opposite to his xictmc, 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; 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 ot the Bank first commencing business in Dunechn; after which future calls will not exceed 5s per Share, nor be made at shorter intervals than three months between each call. •iii' r 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. 12th. As a thoroughly Colonial Institution, the Piomoters 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, and be more and more appreciated, both as an inT y° r i th ®T a l ri ? S8 .° f the P e °P le . and as a useful Bank. Judgmg 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.

i^ pl m atlons for Sllares wiU now be received at ihe remporary Offices of the Bank, High where forms of application fl»nu lull intomiatioii can be obtained FORM OF APPLICATION FOR SHARES. Date 1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OF NEW ZEALAND. Gentlemen—l 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 SaKl t. „,, Snares, or any less number that may be allotted to me, and I further 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 them thCy aie prepared to take if allotted to R H. A. B U R D O N, Pianoforte and Organ Tuner, Late Assistant Organist and Tuner to the Right Honorable in Council the Government of India. Bombay Cathedral. Orders received at Messrs North and Scoullar s, Rattray street. ■JJNION BANK OF AUSTRALIA. Established 1837. Paid-up Capital, L 1,250,000. Reserve Funds, L400,0(J0. 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, Dunedin, May 5. Manager. STEAMERS, Tugs, Steam Launches, k} Steam Yachts, Engines, Mills, Cranes, Dredges, Iron Bridges, &c., &c.,’constructed to order, by first-class builders in London. For particulars, apply to DARLING & CO,, Adelaide Wine Depot, Princes street, Dunedin,