.^■:?y""" : ' >, '""-^b'Btftis«iicnfs; : *' : '\' ! '*'-'''■''-"''- yf turns furnished to the Government, appea thus without giving odd numbers:— deposits. Circulation. Total. Union Bank of Australia.-£870,000 £123,425 £993,425 Hank of New . South Wales 560,000 104,849 664,849 Bank of Australasia ... 193,C00 38,962,' 231,962 ■ Showing a total of £1,890,236 or nearly two millions of money belonging to Colonists entrusted to Boards of Direstors in Melbourne or Sydney to control or manipulate r.s it may please their tastes, or as it may be convenient for the go>>d of Commerce in Victoria or New South Wales, or for the benefi,/"ial regulation of their exchanse operations in those colonies. Bth. The Promoters, in placing the foregoing f m .f,a i )C f orc fc ]i e people of this Colony, de.sirc to point out the very great disadvantages that colonists aro sure to labor under by lendin 3—or rather giving'— sueh a large sum of money as stated above to foreign Banks, to be lent back to tho people here at very high rates of interest, and on most arbitrary conditions. They therefore have no hesitation in snmresting the prudence and wisdom of the colonists keeping within 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 tho past, brought about solely by some' crisis Mint hns occurred in oueor other of the Australian Colonies, where the real interests o' the foreign Bank most strongly take root 9lh. It lias been determined by the Promoters (hat 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' hi*'name. [The' Provisional Committee have already subscribed among themselves for 25,475 Shares, which they are prepared to take if allotted to them.] I.oth._ It; is proposed at (he issue of Shares above referred to that ss. per Share be paid on application ; that 10s. per share be paid on allotment; that a Call of ss. per share be made and payable two months after allotment ; that a Second Call of 53. per Share be itiacle,and. payable four months after allotment;, and that a Third Call of 55., per Bhoro be made and payable six months after allotment—rinaking together 30s. paid up per Share. No further Call to be made within 12 months of the Bank first commencing business, in Du'ncdin; after which future Calls will hat'esceed ss. per Share,'nor be made at .shorter intervals than, three months between 'each. Call. - 11th. The Act of Incorporation for this Bank will ,be so framed as to limit the liability of the Shareholders to twice the amount of their -Share, the same as the other Banks. 12th. As a thoroughly Colonial Institution,the Promoters have much pleasure in strongly recommending The Colonial Bank of NewZealand to the support of all Colonists having the real welfare of New Zealand at heart. Such an institution is much wanted at the present time, and is the development of the Colony proceeds its usefulness will also increase, ami bo more and more appreciated, both as an investment for the savings of the people, and as a useful Bank. Judging from the influence and sound experience possessed ,by the promoting fnembers of Committee, it is certain that no similar institution has ever yet been launched in the Southern Hemisphere under betteifcauspices. ' Applications for shares will now be received by Mr. John Bremner, Naseby, and at the Temporary Offices of the Bank, High-street (late Club), where forms of application and full information can be obtained. FORM of APPLICATION tor SHARES Date 1874. TO THE PROVISIONAL QoJIMITTEE OP TILE COLONIAL BANK OF NEW ZEALAND; OrENTI/EM-EN, . , ■ ~1. hereby make application for - Shares in ,1 lie above Company, and hand you herewith the eimwf £ " , being the amount of .Five Shillings per share deposit oh tho same ; and I agreo to take the said Shares or any less number that may be allotted to me, and I further agree to subscribe to the Artielss of Association when required to .do so. . k . ' - .. I am, gentlemen, yours truly, 1 Signature Name in full'. '..■ „. .-■ ' .Occupation Address • r N0....: ; V , Dato received ■ < ~ PUBLIC'NOTICE. Under Section 1 of Regulation IV. TSTHEUbAS Application -has been _.yv ' thade to'me by Matthew Young, John Farmer and James Stewart, to declare that the portion of the • Otago G-dldfield described in the Schedule hereto, may bo occupied by holders of miners' rights in claims of the undermentioned size, viz.:— Ono (1) Asre for each holder of a miner's right, provided that no block claim shall comprise more than six (6) acres altogether. Now, therefore, I gi»e notice that such Application, and- any Objection thereto, will be heard before mb, at the Court House, N.iseby on Monday, May tho 18th, 1874 li. A.,STRATFORD, Warden. Schedule : All that portion of the Otago G-oldfield situate in Enterprise Gully, comprising three acres, more or less, bounded by the west side of Enterprise Gully'for ten chains; on the north bv old workings for about four chains; on tlie.easf by the east side of Enterprise and Wet Gullies for about ten chains; on the south by tho junction of Enterprise and Wet Gullies for about two chains. APpLIOfTION FOR A TAIL RACe!# : T^:HEREBY: ; ;-CrIVE NOTICE '* * ; ; that wo to Mie Warden, the Naseby Municipal Council, and Mie Public Works Department for, permission to cut a laiJ Race through the" several places named /below;', -■ >'■',.'.■ ■"■■■ ; ;■■. : '- ■-.' " -.■■'•'-•.• JOSEPH XETS ; JOHN DdHERTY BERNARD* DOHERTY , ; ; ; Djjsoiuption V Commencing in the old Roman Catholic Churchyard at Naseby, passing through a portion of George Currie's residence area, Andrew. Marshall's residence area. Underneath (lie Court House, underneath Derwent street, through Recreation Ground, also a portion of Henry. Anderson's residence area, and Robert Aitken's paditock, and George Poppleton's residence area, terminating in Dead Level race. 'Objections (if any) must be lodged at my Office, on or before the 16th inst; "The application will bo heard at- 11 aim'on the 18th ;■day^ofMtty,^B74^i''■'' a ■:t- ! ■V' : ' : -^:-:'^''■^' ; ''■- ."■ i ' : ".:- ;; " If• STRATFORD, ; ""■' ■" ;■ ''" Warden. ' ' .
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https://paperspast.natlib.govt.nz/newspapers/MIC18740509.2.20.2
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Mount Ida Chronicle, Volume V, Issue 270, 9 May 1874, Page 4
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1,033Page 4 Advertisements Column 2 Mount Ida Chronicle, Volume V, Issue 270, 9 May 1874, Page 4
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