Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

Prospectus, "PROSPECTUS OF THE COLONIAL BANK OP KEW ZEALAND Capital £2,000,000, In 400,000 Shares of £5 each, la 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 j -5s six months after allotment ; which will amount to £300,000 paid-up Capital at eDd of six months. No further Call will be made for 12 months after the Bank is first opened in Dunedin, and future Galls will not exceed 5s per f>hare, to be made if required, at intervals of not less than three months thereafter. Pbovisionai. Committek. The Hon. Matthew Holmes ' W. A.Tohnie. M.H.R. R. Oliver, M.P C, Oliver and Ulph Dr Webster, M.P.C, Hunholder " J. M. Kichie, Russell, Ritchie, and Co. Charles ' ichols, Dalgety, Nichols, and Co. James Rattray, Dalgety, Nichols, and Co J. L. Butterworth, Butterworth Bros. Robert Wilson, R; Wilson and Co. Eeith Ramsay,' Jettystreet ■'' George M.,, Bell, Runholder, Southland John Cormack, of Morrison and Com-. pany, Blue Spur Ciptain J. T Boyd B C Haggitt, Provincial Solicitor Alexander Burt, A. andT. Burt.; ; : C. S. Reeves, M PC. ..,.:.,; James' Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M.i Larnach, Guthrfe an<l Larnach Daniel Campbell, Great King street, ; H S.JFish.Juni, Princes street;., -.< , W. 'M. Hodgkins, of Howbrth and Hodgkinß R. H. Leary, High street J.H. Harris, Spucitor,:, ,::. ; Wm. Fraser, of Strode and Fraser, Runholders J. Logan, RunhoMer Walter Miller^ Runholder • J. A . Connell, of Connell and Moodie W. D. Stewart,.Barrister M. Price, Dtinedin J. S Wehb, Webb and Fulton 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. R. Jones, arbor Steam J Company Charles Zeile, Rattray street James Hazlett,. Merchant. Clyde John Reid, Elderslie, Oamaru , Robert Gillies, Gillies and Street ■,■ Donald Heid, M fI.R. C. K. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Glendiniug, Ross and (ilendining Dr Edward Hulme John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stepaenßon,, and Co. G. F. Reid, Stafford street R. Paterson, Paterson and M'Leod R. M. Robertson, Distiller, ; Rattray street James Sband, M.P.C. Wm. Barron, Barron, Grant, and Co. Wm. Park, Park and Curie ; George Elliot Barton, Barriater-at.Law W. D. Murison, Editor " Daily Times" Charles D. Y. Teschemaker, Runholder, Taipo. Oamaru David Prouafoot, Railway Contractor Horace Bastings, M. P.O. 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 Thompson 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 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, Redcastle,', Oamaru , , , Edmund Smith , Dunedin Savings Bank George Prondfoot, Railway .Contractor C. W. Flexman, Wool Merchant John M'Gregbr, 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 fall 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 capita], or 20 ',000 shares, ;in fair proportions to each of the Provinces throughout New Zealand, on the basis of the r spective populations of each Province, reserving the other half to be disposed of hereafter, as the rapid progress of theOolony may demand and shareholders may decide ; but in no instance will any of the remaining' a' ares 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' operationa 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 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. sth. It will be the chief aim of the Promoters of this Bank to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Arrizan,' and Laboring classes will each have fair treatment and Bupport from , the Colonial Bank. To the Mining Interest special attention will be given, with a desire to acquire f<r 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 purpose of coinage: 6th. It is not intended by the Promoters

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18740613.2.12.4

Bibliographic details

Grey River Argus, Volume XV, Issue 1827, 13 June 1874, Page 3

Word Count
924

Page 3 Advertisements Column 4 Grey River Argus, Volume XV, Issue 1827, 13 June 1874, Page 3

Page 3 Advertisements Column 4 Grey River Argus, Volume XV, Issue 1827, 13 June 1874, Page 3

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert