PUBLIC NOTICES. PROSPECTUS op The colonial bank of new ZEALAND. CAPITAL .... £2,000,000 In 400,000 Shares of £5 each. To be offered to the Public by a first issue of one-half, viz., 200,000 Shares, To be called up as follows : Five Shillings on application; 10s on allotment ; 5s two months after allotment; 5s four months after allotment; 5s six months after allotment; which will amount to £3OO 000 paid-up Capital at end of six months. f ? so i ur^ er , C . all he made for 12 months after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to be made if required, at intervals of not less than three months thereafter. Provisional Committee : The Hon. Mathew Holmes W. A. Tolmie, M.H.R. R- °l iv , er > Oliver and Ulph Webster, M.P.C., Runholder J. M. Ritchie, Russell, Ritchie, and Co. Charles Nichols, Dalgety, Nichols, and Co. James Rattray, Dalgety, Nichols, and Co. J. L. Rutterworth, Butterworth Bros. Robert Wilson, R. Wilson and Co. Keith Ramsay, Jetty street George M. Bell, Runholder, Southland John Cormack, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnach, Guthrie and Larnach Darnel Campbell, Great King street Sr tv jun., Princes street W.M. Hodgkins, of Howorth and Hodgkins R. H. Leary, High street J. H. Hams, Solicitor Wm. Fraser, of Strode and Fraser, Runholders J. Logan, Runholder Walter Miller, Runholder J- A^ G ® nileU > of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, sen. C, R. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. F. Main, Barrister-at-Law W. J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray street James Haziett, Merchant, Clyde Johu Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Reid, M.H.R. C. R. Howden. Distiller, Cumberland street Charles Reid, Princes street R. Glendining, Ross and Glendining Dr Edward Hulme 6 Douglas, Runholder, Blount Royal r w Ste P h enson, and Co. G. r . Reid, Stafford street R. Paterson, Paterson and M'Leod R. M. Robertson.Dis tiller, Rattray'street James Shand, M.P.C. J Wm. Barron, Barron, Grant, and Co. Wm. Park, Park and Curie George Elliot Barton, Barrister-at-Law W. D. Murison, Editor ‘ Daily Times’ C Oanmru V ’ Tescheipaker > Runholder, Taipo, David Proudfoot, Railway Contractor KdmundiSmith, Dunedin Savinga Bank Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M‘Neil, Briscoe and Co. John Bathgate, R. M. R- R- Cargill, Cargills and M'Lean H. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin Janies Allen, M.P.C., East Taieri William Snow, Outram, West Taieri A. J. Smyth, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard. Arrow Walter Inder, Naseby J. Malaghan, Queenstown Job Wain, Manse street James Fulton, R.M. w!iH D^ a xr Ian ’ Soanton Brothers, Princes street William Kennedy, Rattray street The Hon. John M‘Lean, Redcastle, Camara John ftlcGregor, C.E. G W. Flexman, Wool Merchant Geo.Proudfoot, Railway Constructor W. H. Cutten, late Commissioner of Crown Lands John Reid, of Comer Bush, Merton Henry Orbell, Runholder, The River, Waikouaiti ’ T. A. Clowes, of Ashcroft, Spence, and Co.. Oamaru * Francis M'Dairmid, Woodside, West Taieri Donald Borne, West Taieri Joseph Clarke, of Victoria and Moa Flat With power to add to their number.
Bankers ; The Union Bank of Australia, The Bank of Australasia. Ist. The great want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand having been long felt, it has been determined by the Provisional Committee to supply the same by placing before the public the present carefully considered scheme, with the lull confidence that it will meet with very general support. y a fi c rßt «tep,itis proposed to offer to the people of this Colony one-half of the nominal capital, or 200,000 shares, in fair promotions to each of the Provinces throughout IS ew Zealand on the basis of the respective popuktions of each Province, reserving the other half to be disposed of hereafter, Is the rapid progress of the Colony may demand and shareholders may decide; but in no instance wiU any of the remaining shares be offered for S of . , th ® C l olo ?y without having been first offered to the Colonial holders, nor will any but a New Zealand Register be kept.
3rd It is intended that the Head Office of the Bank shall be m Dunedin, and that a general Manager of high professional standing shall be appointed to guide the operations of the Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise with the General Manager, and generally watch the interests of the whole Institution. 4th. As soon as a sufficient number of Shares shall have been applied for to warrant the commencement of business, the Head Office will be opened in Dunedin, in suitable Premises already secured under offer, and thereafter Branches mil gradually be opened in the Chief Centres of Settlement throughout the Colony. sth. It will be the chief aim of the Promoters or this Bank to aid and conserve alike the inter oj tlle whole community in this Colony.
ihe Mercantile, Trading, Pastoral, Agricultural Mining, Artizan, and Laboring classes will each have fan- treatment and support from the Colonial Bank. To the Mining Interest special attention will bt given, with a desire to acquire for h<s Miners the Mint value of their Gold whethei i large or small quantities, and until such value; r be ascertained a liberal advance will be made upon any Gold deposited for the purpose of coinage. (sth. 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. 3 ■ 7th. The amount of New Zealand Money in the hands of the three Banks from Australia trading m the Colony on the 31st December [ast as shown by their several returns furnished A thu,. without givUnion Bank of oim,l ** toL T »t>l &!£. 5S0 ' 000 1M . 8 « 6M.849 asia ••• - 193,000 38,962 231,962 Showing a total 0f... &,800.286
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https://paperspast.natlib.govt.nz/newspapers/ESD18740716.2.20.6
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Evening Star, Issue 3556, 16 July 1874, Page 4
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1,057Page 4 Advertisements Column 6 Evening Star, Issue 3556, 16 July 1874, Page 4
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