Page 1 Advertisements Column 3

Evening Star, Issue 3537, 24 June 1874, Page 1

PUBLIC NOTICES, nial Bank. To the Mining Interest special attention will bf given, with a desire to acquire for In Miners the Mint value ,of their Gold, whethei a 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 to do upon Wool, Grain, 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 31st 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 £123,425 £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 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 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 pointy 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 qn more than one occasion to deplore in the past, brought about solely by spurn prisis that has occurred in ope qr 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 subscriber for the number of Shares standing opposite to his name.*

10th. It is proposed, at the issue ef Shares above referred to, that 5s perShSrfe b.e’"paid >, Qn application; that Ws'jipr Share be paid on allotmentthat'a (all of'ss per Share be made ap’d 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 ?,t shorter intervals than three months between each" call/ 11th. The Act pf Lipprpbrafich for this Bank wiU ha so framed as to limit the liability of the Shareholders to twice the amount of their Shares,’the same as. thpother Ranks, the Promoters have much pleasure in strongly recommending The Colonial Bank of New A&apanp 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 popple.’ aijd, As a useful Bank. Judgpig from the influence and' sound experience possessed'"by the promoting Members of Committee, it is certain that no Blhailar Institution has ever yet been launched in' the Southern Hemisphere under bettor’ auspices, ' ’■ 4.’r?^m a^onß or 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.

Dftte......4874. : TQ THE PROVISIONAL COMMITTEE OF TRE COLONIAL BANK OF NEW ZEALAND. Gentlemen, —I hereby make application for Shares in tho above Company; and hand yon herewith the sum of £ being the amount of Five Shillings per Share deposit oh the same ; and I agree to take the said Shares; or any less number that may be allotted to me, and X further agree to subscribe to the Articles of Association when required to do so. I am, Gentlemen, , Yours truly, Signature Name in full Address No. Date received. * The Provisional Committee have already subscribed ardon'g themselves for 25,475 Shares, which they are prepared to take if allotted to them.

JgOOTS!; BOOTS!! BOOTS!!! JAS. MOLLISON & SON’S ANNUAL CLEARING SALE BOOTS and SHOES ; Is now going on, and will continue for ONE MONTH ONLY. During which time the whole of their immense Stock, comprising Ladies’, Gentlemen’s, and Children’s Boots and Shoes, in infinite variety, will be offered at Greatly Reduced Prices. Note the Address— JAS. MOLLISON & SON, Rattray street. PROVINCIAL TEA MART. John healey F A 1$ I U Y GROCER, Baker, Wine Spirit, and Provision Merehan (Corner of Manse and Princes streets), DUNEDIN. HOMAS BIRCH, WINE, SPIRIT, AND GENERAL. MERCHANT, University Buildings, Bond street, Dunedin,