Page 1 Advertisements Column 4

Globe, Volume I, Issue 25, 29 June 1874, Page 1

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 will gradually be opened in the Chief Centres of Settlement throughout the Colony. 6th. It will be the chief aim of the Promoters of this Bank to aid and conserve alike the interests of the whoje community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artizan, and Laboring classes will eacry have fair treatment and support from the Qolonial Bank. To the Mining Interest special attention will be given, with a desire to acquire" for the Miners theJMint value of their Gold, whether in large or small quantities, and until such value can be ascertained a liberal advance will be made upon any Gold deposited for the purpose of coinage. 6th. 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. 7th. The 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: — CirculaDeposits. tion. Total. £ £ £ Union Bank of Australia ... 870,000 Bank of New South Wales 660,000 Bank of Australasia... ... 193,000 870,000 123,425 993,425 104,849 ; 664,849 Showing a total of ... £1,890,236 or nearly two millions pf money belonging to colonists 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 South Wales ; or for the beneficial regulation of their exchange operation!* in thorn Ooloniea. Bth. The Promoters, in placing the foregoing facts before the people ot this Colony, desire to point out the very great disadvantages that colonists are sure to labour 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, and on most arbitrary conditions. They therefore have no hesitation in suggesting the prudence and wisdom of the colonists keeping within the their own domain the absolute control of their own moneys ; as by so doing they will 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 one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th. It has been determined by the Promoters that the first issue of 200,000 shares shall be conducted by Committees, to be appointed severally 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 a subscriber for the number of Shares standing opposite to his name.* 10th. It is proposed at the issue of Shares above referred to, that 5s per Share be paid on Application ; that 10s per Share be paid

IMPORTER, WHOLESALE, RETAIL, AND FAMILY GROCER, ITALIAN WAREHOUSEMAN High street and Hereford street. Large Arrivals of NEW STOCK. Price Lists have been adjusted. Orders delivered in all parts of Christchurch—Free. Please call for samples of Tea. PUBLIC [NOTICE. 'OTICE IS HEREBY GIVEN that the RENT due on the Ist May instant, in respect the undermentioned PASTURAGE RUNS not having been paid, those held under the Canterbury Waste Lands Acts of 1864 and 1869 respectively, will, unless the said rent, together with the fine provided for by the Waste Lands Board Appeal Act, 1867, be paid before the Ist of August proximo, be declared forfeited and submitted to Public Auction ; and those held under the Land Regulations of the Ist April, 1856, will, unless the rent and fine above referred to be paid before the Ist August proximo, be declared abandoned, and treated as Waste Lands of the Crown : No. of License. Licensee. 1 E. C. J. Stevens Do 2 R. and J. Pepperell „ A. Irvine „ Dudley and Lawrence „ R. Chapman „ S. Scott „ R. M. Morten „ E. Barnett „ W.G.Pierce „ H, Piper 3 W. M. and J. R. Campbell „ New Zealand Loan and Mercantile Agency Company, Limited „ McPhail and Jameson „ New Zealand Loan and Mercantile Agency Company, Limited Act or Regula- Acres. Rent, tion. £ s. d. 2 10 0 2 10 0 27 15 6 3 2 6 1 6 8 33 11 9 12 0 8 6 8 2 10 0 2 11 4 3 19 4 54 0 0 50 0 0 5 4 2 50 0 0 WILLIAM GUISE BRITTAN, Chief Commissioner Waste Lands Board. Land Office, Christchurch, 3rd June, 1371. 6-19 5294