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PUBLIC NOTICES. or nearly two millions of money belonging to 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 Sou th Wales; or for the beneficial regulation of their exchange operations in those L/olonies. > , T he ■^ romo^ers ) i n 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, afid on most arbitrary conditions. They therefore have no hesitation in suggesting the prudence and wisdom of the colonists keeping withm their own domain the absolute Control of moneys, as by so doing theywill 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 ohe or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root, ~ 9 J h ;, It c h ¥ *? een drained by the Promoters that the first issue of 200,000 Shares shall be conducted by Committees, to be appointed severaUy 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 name'* nber ° £ Shares standin & opposite to his 10th. It is proposed, at the issue of Shares above referred to, that 5s per Share be paid on application ; that 10s per Share hr 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 mt rn? 8 rru ha^! lre j e T months between each call, •iii' A i e Act , of 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 Promoters have much pleasure in strongly recommending The Colonial Bank op 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 ffppreciated, both as an investment for the savings of the people, and as a useful Bank. Judging from the influence and sound expenence possessed by the pxomoting 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 Hieh InTf, DW Clul s’ w bere forms of application and full information can be obtained FORM OF APPLICATION FOR SHARES. TO, THE PROVISIONAL COMMITTEE

THE COLONIAL BANK OF NEW ZEALAND. Gentlemen,—l hereby make application for , j fan ares m 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 Shares, or any less number that may be.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, them a ' e prepared to take if allotted to t- ir ii, ...\ HARBOUR STEAM COMPANY AGENTS gAMSQN, p,s., for OAMARU, To-morrow (Tuesday), 7th July. Passengers by 7.30 a.m. train. Shipping orders issued till % p. m ., and cargo received till 4 pm., the day before sailing. s.s., for TIMARU, AKAROA, and LYTTELTON, To-morrow (Tuesday), 7th July. Passengers by 5.15 p.m. train. Cargo at Rattray street wharf till 10 a.m. Offices : Harbour Chambers. SOUTHLAND STEAMERS SAIL AS UNDER T ANGANri, s.a., for BLUFF a _ INYERCARGILL. on WEDNE DAY next, July 8. WALLABT, s.s., for PORT MOLYN F UX and KAITANGATA, on MONDAY next, July 6. Cargo received at Rattray street Jetty. Cargo for Invercargill anti Inland Districts forwarded by rail from Bluff at Consignees’ risk. H. HOUGHTON & CO.

TV/fESSRS MONEY WIG RAM & SON’S (9 f B lac kwall Yard, London), ""' im Line of Steam and Sailing rackets, comprising the steamships Northumberland (new) and Somersetshire, and the following splendid clipper ships, which have been built and fitted expressly for the Australian passenger trade : Lincolnshire, Yorkshire, Norfolk, True Briton, Suffolk, Essex, Hampshire (new), &c. FOR LONDON DIRECT. .Their accommodations for all classes of passengers are unsurpassed and they will each carry an experienced surgeon. Sailing from the Sandndge Railway Pier. The baloou Cabins are fitted with the necessary fixed Cabin Furniture, Passage Orders are issued to persons desirous of sending for their friends from home on application to the undersigned Passage money, £l6 and upwards, A liberal allowance to families. Return*tickets are granted at Reduced Rates. For all particulars apply to W. P. WHITE & CO., j 10, Elizabeth street south, Melbourne I

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD18740706.2.15.4

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 3547, 6 July 1874, Page 3

Word count
Tapeke kupu
944

Page 3 Advertisements Column 4 Evening Star, Issue 3547, 6 July 1874, Page 3

Page 3 Advertisements Column 4 Evening Star, Issue 3547, 6 July 1874, Page 3

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