Page 3 Advertisements Column 4

Evening Star, Issue 3722, 27 January 1875, Page 3

Late Advertisements. Dunedin, 15th January, 1875. TO WILLIAM BROWN, Esq., Secretary to the “ Imperial Building and Investment Society,” Dunedin. SIR,— We hereby request you to convene a Special General Meeting of the Members of the Imperial Building and Investment Society, for the purpose of altering and repealing some of the preseril Rules of the said Society as set forth in the following resolutions ’ First. —lnstead of the word “ First ” in the last line of Rule 2 there shall be substituted the word “ Last,” and instead of the word “ First” in the fifth line of Rule 11 there shall be substituted the word “ Last,” and instead of the words “First Friday in October” there shall be substituted the words “ La<,t day of December.” . Second.—Rule 8 shall be repealed, and instead thereof there shall be substituted the following words, viz. “The Directors are empowered to receive money on deposit or otherwise at such rates of interest as they shall from time to time deem advisable, provided that they shall not contract for money at any rates of interest which shall not leave at least one per centum per annum clear profit to the Society.” , s^a U he repealed, and there shall be substituted the following words and figures . r-i' ‘‘Redemption Payments for the loan of LIOO, including interest:— “From the 3lst day of December, 1874, all valuations of the Society’s past loans shall be calculated as if the same had been lent ©ut under the above table, and those who were members of the Society on that date shall thereafter participate equally with any new members in the annual profits so to be ascertained.” Fourth.—Rule 33 shall be altered, so that the following shall be the first words thereof, viz. . On the 31st day of December in every year (including the year 1874).” The words once in every year,” in the first line of said Rule, shall be omitted; and instead of the words “interest not exceeding ten per cent, on,” in the twelfth and thirteenth lines of the said Rule, there shall be substituted the words ‘' the profits which may be placed to the credit of.” And the words “ between the investing and borrowing members,” in the twentysecond line ; also the words “or repayments,” in the twenty-fourth line of the same Rule shall be struck out. ’ Fifth. Rule 9 shall be repealed, and instead thereof there shall be substisuted the following words and figures, viz. :—“For seven years from the 31st day of December, 1874, a sum equal to ninepence for every pound standing at the credit of each member’s account on the Bth day of January, 1875, shall be deducted from the profits which may be placed to the credit of his or her account at the end of each year, or such other sum as shall be found equitable when the profits at 31st day of December, 1874, shall have been ascertained. The amount so to be deducted shall be called the equalising charge, and shall not he payable on any sub* scriptions due after the Bth day of January, 1875, but shall be calculated as if all subscriptions had been paid up to that date. In lieu of the said equalising charge, members may as of 31st December, 1874, or at the end of any subsequent year, have the then value of the said equalising charge placed to their debit in one sum, and the aforesaid charge shall thenceforth cease to be deducted.” Sixth.—Rule 52 shall be altered so that between the first and second lines thereof there shall be inserted the following words, viz. ! “Subject to the reservations in these rules contained, ’ and so that after the word “ and ” at the end of the fifteenth line, there shall be inserted the words “ provided that a sufficient number of new shares shall have been taken up to warrant it;” and so that after the word otherwise,” in the eighteenth line, there shall be inserted the words “but no member will be allowed to withdraw any shares until the equahsing charge in respect of such shares shall have been redeemed and so that after the word “paid,” in the last line, there shall be inserted the words “ nor interest allowed on any subscriptions received prior to the 31st day of December, 1874. Applications for withprior to the Ist day of March, 1875, shall not exempt the members making the same from liability in respect of the equalising charge.” ° Seventh.—lnstead of the words “a reduction of four per cent, per annum,” in Rule 7, there shall be substituted the words “ a reduction of five per cent, per annum.” Eighth.—lnstead of the words “ 8 per cent, per annum,” in the last line of Rule 43, there shall be substituted the words “ 12 per cent, per annum.” Ninth.— lnstead of the words “ three pounds ten shillings per annum,” in Rule 46, there shall be substituted the words “ five per cent, per annum.” Tenth.—Rule 56 shall be altered so that after the word “fee” in the fourth line there shall be inserted the wordsno transfer pf shares will be recorded until the equalising charge in respect to such shares shall have been redeemed, JOHN REITH. JOHN JOYCE. R. CHISHOLM. S. DE BEER. N. Y. A. WALES. R GREIG. THO. CULLING. D. MILLS. W. STOKES. G. HINDLE. JAS. M-GILL. Notice is hereby given that, in accordance with the above requisition and in pursuance of the powers enabling me ih that behalf, I hereby convene a special general meeting of the members of the Imperial Building and Investment Society, to be held at the Temperance Hall, Dunedin, on the sth of February next, at 8 o clock p.m., to consider the proposed alterations and repeal pf certain Rules of the said Society, aa set forth in the above requisition. Dated at Dunedin this 16th day of January, 1875. WILLIAM BROWN, Secretary Imperial Building and Investment Society. IVTOTICE.—If John Mullighan, of South Xl Dunedin, does not finish Right-of- Way ,in South Kensington, it will be done at his risk. PUBLICATIONS \ NNUAL VOLUMES FOR (Per English Mail.) 1874. Leisure Hour British Workmen Chatterbox Children’s Friend Child’s Companion Sunday at Home Band of Hope Sunday Infants’ Magazine Cottager and Artizan Family Friend. WILLIAM BAIRD, Bookseller, George street. ‘ILLUSTRATED NEW ZEALAND HERALD,’ IN consequence of the success of the ‘ Illustrated New Zealand Herald ’ during the past year, the proprietor has, with a view of increasing its circulation, determined to REDUCE the PRICE to 6d PER COPY. The ‘ Herald * is now entering on the eighth year of its existence, and will from January 1, 1875, show considerable improvement. It will then appear with a new Illustrated Heading. I have also engaged the services of a competent artist, and we shall be able to produce more New Zealand views, thus rendering the paper of more interest to the Colonists and their friends in the Home Country. R. T. WHEELER, Propriety. Office: Stafford street, Dunedin.