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Prospectus. T>ROSPECTUS •*- OF 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 oi 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 12 months after the Bank is first opened in Dunedin, and future Calk will not exceed 5s per Share, to be made if required, at intervals of not less than three months thereafter. Provisional Committee. The Hon. Matthew Holmes W. A.Tohnie, M.H.R. B. Oliver, M.P.0., Oliver and UJpfc Dr Webster, M.P.C, Eunholder J. M. Richie, Russell, Ritchie, and Co. Charles Mchols, Dalgety, Nichols, and Co, .. James Rattray, Dalgety, Nichols, and Co. J. L. Butterworth, Butterworth Bros. Robert Wilson, R. Wilson and Co. Keith Ramsay, Getty 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. Beeves, M PC. James Marshal, Marshall and Cupeland 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 Hodgkps . . 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 Fultou J. Brows, Sen. C R. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. F. Main, Barrister-at-Law W. J. Burton, Burton Bros. J. E. Jones, \ arbor Steam Company Charles Zeile, B&ttray street James Hazlett;, Merchant. Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Heid, M.fl.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Glendining, 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, Di tiller, Rattiay 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 D. V. Teschemaker, Runholder, Taipo. Oamaru David Prouafoot, Railway Contractor Horace Bastings, M. P. C. W. North, North and Scoullar Hugh M'Neil, Briscoe and Co. John Batbgate, R.M. E. B. CargUl, Cargills and M'Lean H. J. "Walter, Manse street E. K. TAnrray, "Battray street James Black, Black and Thompson Marcus Hume, Dunedin James Allan, M.P.C , East Taieri William Snow, Ontram, 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, R,M. John Scanlon, Scanlon Brothers, Princes street William Kennedy, Rattray street The Hon. John M'Lean, Redcaatle, Oamaru I Edmund Smith, Dunedin Savings Bank George Proudfoot, Railway Contractor C. W. Flexman, Wool Merchant John M'Gregor, C.E. W. H. Cutten, late Commissioner of Crown Lands 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 Pro^ visional Committee to supply the same by placing before the public the present carefully considered scheme, with the fall confidence that it will meet with very general support. 2nd. A 8 a first step, \t ia proposed to pffer ta the people of this Colony one-half Of the nominal capital, or 20»,00Q shares, \n fair proportions to each of the Provinces throughout New Zealand, on the basis of the respective populations of eaoh 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 will any but a New Zealand Register be kept 3rd. It is intended that the Head Office of the Bask shall be in Duaedin, and that a General Manager of high pi(tff>9»ieifisl standing shall be appointed to guide the operations of the Bank ; and ajso that a Board oi Qualified Directors' shall he elected from among the Committee to advise with the Qeneral Manager, and generally watch the interests of the whole Institution. 4th. As soon as a sufficient number oi Shares shall have been applied for to warrani the commencement of business, the Head Office will be opened in Dunedin, in suitable premises already secured under offer, and thereafter Branches will gradually he opened in the Chief Centres of Settlement through* out the Colony. sth, It will be the chief aim of the Pro maters . of this Bank to aid and conserve ajike the interests of the whole community in this Colony. The Mercantile, Trading Pastoral, Agricultural, Miniag, Arli&o, anc Laboring classes will each have fair treat ment and support from the Coloniai Bank To the Mining Interest special attention, y?i\ be given, with a. desire to acquire for th< Miners the Mint val^eof their Gold, wbet^ei in large, or small quantities, and until sue] Value tan be ascertained a. liberal ad vane •Wll be made upon any Gold deposited fa ibft pttipdsft of cpii>M©. fwirr« "sth. It is not intended by the Promoter,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18740519.2.11.1

Bibliographic details

Grey River Argus, Volume XIV, Issue 1805, 19 May 1874, Page 3

Word Count
933

Page 3 Advertisements Column 1 Grey River Argus, Volume XIV, Issue 1805, 19 May 1874, Page 3

Page 3 Advertisements Column 1 Grey River Argus, Volume XIV, Issue 1805, 19 May 1874, Page 3

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