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ROSP E C T D 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 £300,000 paid-up Capital at end of six months. No further call will be made for twelve 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 monthß thereafter, Provisional Committee. The Hon Matthew 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, Palgety, Nichols, and Co J&mes Rattray, Dalgety, Nichols, and Co J. L. Butterworth, Butter worth 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, Run holders J. Logan, Runholder Walter Miller, Runholder J. A. Connel, of Connel 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, Harbour Steam Company Charleß Zeile, Rattray street James Hazlett, Merchant, Clyde John 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, Boss and Glendining Dr Edwafd 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 Co, Wm. Park, Park and Curie George Elliot Barton, Barrister at Law W. D. Murison, Editor " Daily Times" Charles De V. Teschemaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M'Neil, Briscoe and Co. John Bathgate, R.M, E. B. Cargill, Cargills and M'Lean H. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin James Allan, M.P.C, East Taieri William Snow, Outram, West Taieri A. J. Smyth, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrenoe Robert Pritchard, Arrow Walter Inder, Naseby M. J. Malaghan, Queenstown Job Wain, Manse street James Fulton, R.M. John Scanlan, Scanlan Brothers Prinoes street William Kennedy Rattray street The Hon John M'Lean, Redcastle, Oamaru, 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 haviDg been loDg 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, 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 New Zealand, and on the basis of the respective populations of each Proviaoe, re? serving 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 will any but a New Zealand Register be kept. 3rd. It is intended that the Head Office of the Bank shall he 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

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18740612.2.2.1

Bibliographic details

Globe, Volume I, Issue 11, 12 June 1874, Page 1

Word Count
729

Page 1 Advertisements Column 1 Globe, Volume I, Issue 11, 12 June 1874, Page 1

Page 1 Advertisements Column 1 Globe, Volume I, Issue 11, 12 June 1874, Page 1

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