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PUBLIC NOTICES. PROSPECTUS OF The colonial bank op 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 ; os two months after allotment; 5s four months after allotment; 5s six months after allotment; which will amount to £300,000 paid-up Capital at end of six months. No further Call will be made for 12 months after the Uank is first opened m 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 Comhittbb : The Hon. Mathew Holmes W. A. Tolmie, M.H.R. R. Oliver, M.P.C., Oliver and Ulph Dr 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. Butter worth, 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 Daniel Campbell, Great King street H. S. Fish, jun., Princes street W, M. Hodgkins, of Howorth and Hodgkins R, H, Leary, High street j. H. Harris, Solicitor Wm. Fraser, of Strode and Fraser, Runholders J. Logan, Runholder Walter Miller, Runholder J. A. Connell, 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, Bamster-at-Law W. J. Burton, Burton Bros. J. E. Jones, Harbor Steam Company Charles Zeile, Rattray street James Haziett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Reid, M.H.R. 0, R. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Glendiiiing, Ross and Glendining Dr Edward Hulme John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stephenson, and Co. G, F. Reid, Stafford street R. Paterson, Paterson and M'Leod R. M. Robertson, Distiller, Rattray’street James Shand, M.P.C. Wm. Barron, Barron, Grant, and Go. Wm. Park, Park and Curie George Elliot Barton, Barrister-at-Law W. D. Murison, Editor ‘Daily Times’ Charles De Y. Teschemaker, Runholder, Taipo Oamaru David Proudfoot, Railway Contractor Edmund Smith, Dunedin Savings Bank •Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M'Neil, Briscoe and Co. John Bathgate, R.M. E. R. Cargill, Cargills and M‘Lean H. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin James 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 M. J. Malaghan, Queenstown Job Wain, Manse street James Fulton, E. M. Tir-i! 1 - ca J^ au > Seanlan Brothers, Princes street William Kennedy, Rattray street The Hon. John M'Lean, Redcastle, Oamaru John McGregor, C.E. C. W. Flexman, Wool Merchant Geo. Proudfoot, Railway Coustructor 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 Borrie, West Taieri Joseph Clarke, of Victoria and Moa Flat With power to add to their number.

Bankers : The Union Bank ef 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 full confidence that it will meet with very general support. J 2nd. As a first step, it is proposed to offer to the people _of this Colony one-half of the nominal capital, or 200,000 shares, in fair proportions to each of the Provinces throughout JN ew Zealand, on the basis of the respective populations of each Province, reserving the other half to be disposed of hereafter, as the rapid progress of the Colony may demand and shareholders may decide; but in no instance will any of the remaining shares be offered for sale out of the Colony without having been first offered to the Colonial holders, nor wul any but a New Zealand Register be kept. 3rd. It is intended that the Head Office of the Bank shall be in 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. , 4 1 fc 1 h - 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 will gradually be opened in the Chief Centres of Settlement throughout the Colony. sth. It will be the chief aim of the Promoters of tins Bank to aid and conserve alike the inter estsofiihe whole community in this Colony. Ihe Mercantile, Trading, Pastoral, Agricultural, Mining, Artizau, and Laboring classes will each have tan- treatment and support from the Colonial Bank. To the Mining Interest special attention will hr given, with a desire to acquire for ha Aimers tbe Mint value of their Gold whether i large or small quantities, and until b'value r be ascertained a liberal advance will be made upon any Cold deposited for the purpose of coinage. 6th. It is not intended by the Promoters that tins 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 ~ 7 , ahe 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 TT . 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

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD18740718.2.23.5

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 3558, 18 July 1874, Page 4

Word count
Tapeke kupu
1,073

Page 4 Advertisements Column 5 Evening Star, Issue 3558, 18 July 1874, Page 4

Page 4 Advertisements Column 5 Evening Star, Issue 3558, 18 July 1874, Page 4

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