Page 4 Advertisements Column 3

Mount Ida Chronicle, Volume V, Issue 272, 22 May 1874, Page 4

':i-x: '■:;*•'■■. ■/"■■■ ■••■; v -"; ; ■■ tained a liberal advance wilhbe made upon any Gold deposited for ..the purpose of .Coinage. ;.,;,, 6th. >lt is. not:. intended; by the promoters ,that ; this "Bank; shall; purchase -Gold, .but merely beprepared ■■to.'make advances upon it | until realised, in the, same maimer that it will be. ready to do upon wool, grain or other produce. .::• &7th; The amounts of New Zealand Money insthe; hands of the three Banks froni 'Australia .trading in the Colony, on the 31st December last, : as shown: by their several' 1 returns furnished to the appear thus without giving odd numbers:— -■.'■- .Deposits. Circulation. Total. ;: Union Bank ... i \..; : i.<■':of ; Australia: £870,000,; ,£123,425 £993,425 Bank of New,; ;■"■'■'; 'X';V'.. ■":.:•:.;.. "■,.'"? SputhWales: 560,000 ''■ ; ;ib4,849::; -6648*9 Bank of Ausr : ' : "''[ ';,;.' '''^■■■.'<-' : :A"'^-- : -^' : .':-:\ ■tralasia' \:: : '"-'23i^62 Showiug a total of £i,890,23'6 or nearly two millions of money belonging to Colonists eutvust.d to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please, their tastes, or as it mnv be convenient for the go.>d of Commerce in '"Victoria or New South Wales, or for the beneficial regulation of their exchange ."operations in those colonies. " - Bth. The Promoters, in placing the foregoing facts before the people of this Colony, desire to' point out the very great disadvantages that colonists are sure to labor 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 nt very high rates of interest, and on most arbitrary conditions. They theref >ro have no hesitation in suggesting the prudence and wisdom of the colonists keeping wilbiu their own domain the absolute control of their own meneys ; as by so doinuthey will'mos't effectually" destroy the risk ol future monetary disturbances which they have had-on more than one o-jcasion to deplore in the past, bioughl; about solely by some crisis that lias occurred in one or other of the Australian Colonies, where the real interests o 1 the foreign Bank most strongly take root. 9lh. It has been determined by the Promoters 1 hat the first issue of 200,000 Sliaros shall be conducted by Committees, to be appointed severally in thechief 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. [The Provisional Committee have already subscribed- among themselves for 25,475 Shares,' which they are prepared to, take if allotted to them.] 10th. It is proposed at the 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 os. per share be made and payable, two months after allotment ; that a Second Call of ss. per Share be made and payable four months after-allot-ment ;' and that a Third Gall, of ss. per Share be made and payable six months '. after allotment —making together 30s. paid tip per Share. No further Call to ' be' made within 12 months of the Bank first commencing business'in'Dunedin ; after which future' Calls will nat exceed ss. per Share; nor be made at shorter intervals than three month's between ' each Call. . ■■ ■ ' •• • 11th. The Act of Incorporation for tins Bank will bo so frumed as to limit the liability of the Shareholders ;to twice the amount -of their Shares, the same as the other Banks. 12th. As a thoroughly Colonial Institution, the Prompters have much pleasure in strongly recommending. The Colonial, Bank of New; Zealand to tlie siippbrii of all Colonists leaving the real welfare of New Zealand at heart. Such an institution is much wanted at the present time, and rs the development of the Colony proceeds its usefulness will also increase, and be 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 members of Committee, it is certain that no similar institution has ever yet been .launched in the Southern Hemisphere under better auspices. Applications for shares will now be received at the Temporary Offices of the Bank, Highstreet (late Club), where forms of application and full information can ha obtained ; or from MESSES, J. AND W. BREMNER, .Naseby. FORM of APPLICATION eor SHARES. Date .. 9 .1874 .TO THE PfiOVISIONAL COMMITTEE . , OE THE ' , COLONIAL BANK OF NEW ZEALAND. Gentlemen, ' • - "-.- I hereby make-application for Shares in the above Company, and hand you herewith the sum cf:£ ■ ,'being-the amount of Five Shillings per share deposit on the'same ; and I agree to take the said ' Shares.or any less number that may be allot'ted to me, and I further agree to subscribe to the Articles of Association when required to do so. I am, gentlemen, yours truly, Signature Name in full Occupation Address No Date received T; 3;ATII Mb K'■ K .The. following ■ Numbers la -is aJLisfc; of: the Winhihe ';■;' i"M J - D :* ;.,'.;';..;: ,■;;,,■■;::":;■,;:...;U : Hon:;Sec..;.."; ■;„_■; OTAGO .WASTE LANDS ACT,, 1872.Land on * Deferred Payments near Hyde. .is Hereby" Given that I _L_\ have this day applied to the District Land Officer, Naseby, for the following sections on the above Blocks : , Sections,' Block 111., Rock and Pillar District; area, 6G acres -1. rood 16 perches. Section 9, Block TIL, Rock and Pillar, District,; area, 133 acres 2 roods 23 perches. HENRY FLAMANK. The above application will be heard at the District Land Office, Naseby, on. Monday June 15th, 1874; at 11 a.m. " . H. A. STRATFQRD, District -Land Officer. Naseby, May 19, 187-1.