Page 3 Advertisements Column 1

Grey River Argus, Volume XV, Issue 1803, 23 May 1874, Page 3

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 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; ss 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 Dunedia, and future Calls will not exceed 5s per Bhare, to be made if required, at intervals of not less than three months 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, Runbolder J. M. Richie, Russell. Ritchie, and Co. Charles >ichols, Dalgety, Nichols, and Co. James Fattray, Dalgety, Nichols, and Co. J. L. Butterworth, 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 CS. Reovee, MFC. James Marshall, Marshall and Cupeland James Copeland, Cumberland street W. J. M. Larnach, Guthrie and Larnach Daniel Campbell, Great King street H 8. Fißh, 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 *Gellibrand, Runholder i\ Main, Barrister-at-Law J. Burton, Burton Bros. J. R. Jones, arbor Steam Company Charlea Zeile, Battray street James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Keid, M, fI.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes Btreet R. Glendiniiig, 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 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 Pavid Prouafoot, Railway Contractor Horace Bastings, M. P. C. W. North, North and Scoullar Hugh M'NeiL Briscoe and Co. John Bathftate, R.M. E. B. Cargill, Cargills and M'Lean H. J. Walter, Manse street R K\ Murray, Rattray street James Black, Black and Thompson Marcus Hume, Dunedin James Allan, M.P.C , East Taierl 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, R.M. Us Scanlon, Scanlon Brothers, Princes street WilEam Kennedy, Rattray street The Hon. John M'Lean, Kedcastle, 1 Oamaru 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 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 20 ',000 shares, in fair proportions to each of the Provinces throughout New Zealand, on the basis of r> gpective 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 will any but a New Zealand Register be kept. ' ' 3rd. It is intended that the Head Office of the Bank shall be in Dunedin, and chat a General Manager of high professional standing shall be appointed to guide the opera tions 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 ■nholo 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. sth. It will be the chief aim of the Promoter* of this Bank to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artizan, and Laboring classes will each have fair treatment and support from the Colonial Bank. To the Mining Interest special attention will be given, with a deure to acquire for the Miners the Mint value of their Gold, whether in large or small quantities, and until such value caa be ascertained a liberal advance will be made upon any Gold deposited for the pnrpoße of coinage. 6th, It is not intended by the Promoters