Page 4 Advertisements Column 2

Mount Ida Chronicle, Volume V, Issue 276, 19 June 1874, Page 4

Qitueitzstmnt tained a liberal advance will be made upon any for the purpose of Coinage. u 6th. It is 'hot;'intended by the proihoters that -this' Bank ; shall''purchase 1 Gbldi'/'b'ut "iherely be prepared to mak;c'advances iipon it until realised, in the same manner'that it will be ready to do upon wool, grain or!6ther produce. ■ •■•'.• ■.'•■'•"'•", ■ '7th. The amounts of New Zealand Money in the hands'of. the three Banks from 'Australia trading in the Colony, on the 31st December last, as shown by their several returns furnished to the Government, appear thus without giving Odd numbers:— ' Deposits. Circulation. Total. Union Bank " "' of Australia. £870,000 £123,425 £993,425 Bank of New ■'■■■■[ '■*'*■ •South Wales 560,000 104,849 Bankof Aus- ' ' ■"■' '■' tralasia ... 193.C00 38,962 •'231,9.62 Showing a-total of < ... ... £1,890,236 or nearly two millions of money belonging to Colonists entrusted to Boards of Directors .in Melbourne or Sydney to control or manipulate as it may please their tastes, or as it may''be convenient for the good of Commerce in Victoria or New South Wales, or for the beneficial regulation of their exchange operatiensin those colonies. : • . "' 'Bth. 'X he Promoters,"; in placing the foregoing facts before the people of this Colony, aesireto point'out the very great disadvantages that colonists are sure to labor under by lending;—or rather giving—such a large sum of money ns stated above to foreign Blinks, to be lent back to'the people here at very high'rates of interest, and on most arbitrary conditions. They therefore have no hesitation in suggesting the prudonceand 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' that has occurred in one or other of the Aiistj alian Colonies, where the real interests •o 1 the foreign Bank most strongly take root '-■ 9th. It has 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 6r reserved to the Promoters; but each member of'the Provisional Committee is willing to become a subscribcr'for the-number of Shares standing opposito to his , name. , [The, Provisional Committee have' already subscribed among themselves for 25,475 Shares, which they are propared 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 ss. per share be made and payable two months after, allot-, ment; that a Second Call of ss. per Share be made and payable four months after allotment ; and that a*Third.Call of ss. per Share be mado and payable six months after, allotment—making together 30s. paid up per Share. No further Call to bo made within 12 months of the Bank first commencing business in Dunedin; after which future Calls will nat'exceed os. per Share, nor be made' at shorter] intervals than threejmonths between each.Call. ... . ,•<•

11th. The Act of Incorporation for this Bank -will bo 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 thowmghly Colonial Institution, the Promoters have much pleasure in strongly recommending The Colonial Bank op New Zealand 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 fs 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 Officos of the Bank, High-! street (late Club), where forms of application and full information can be obtained ; or from , MESSES, J. AND E. BREMNEE, '•'""■' ■ Naseby. FORM, of APPLICATION fob SHARES. , • s : ' -Date...... .11874. ' To the Pbovisional Committee COLONIAL BANK OF NEW ZEALAND. ; 'Gentlemen, 1 ~, i I hereby make application for ; . . above Company, and hand you herewith; the sum cf £ ~., boing 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 allotted to me,.and I further agree, to subscribe to the Articles of Association when required •; to do so. , I am, gentlemen, yours truly, ",-".'■:• ■'...';,. Signature ..................u;..,..; Name in full ....... ../ '..Occupation ..:....;;;... .-,.!; Address . ;.;.:.....::...< .NO Y....^..,.,....,;.... ; Date received ............ ' ' Naseby, June Ist, 1874. To H. A? Stratford,' Esq., District Land Ofßcer, Naseby. '■, \-.., , ,;■■■■ - I am applying, on behalf of. the Presbytorian Churoh Committee, to purchase all that area described in'the schedule. . ! JOHN S. M'INTOSH, Secretary Church Committee.. Schedule : Bounded on the north by Stewart's head race, 105 feet in length ; on the south by Moore's residence area, 120 feet; on the east by Webber and Co.'s claim, 165 feet; on the west by road'past Church, 135 feot. Objections (if any) to this application must be lodged at my office at Naseby on or before the 20th of June. ;. H. A. STEATFOED, District Land Officer. Naseby, 12th June, 1874. To H. A;' Stratford, Esq., District Land Officer, Naseby. _L I have made application to the Waste Lands Board to Purchaso about a quarter of an acre of land, up6n which the Welcome Inn now stands,, near' Home Gully, and within a quarter .of a mile from the* eastern .boundary of the Municipality,of Naßeby, on the main road from Dunedin to Naseby. ■ JOHN ECCLES. Objections (if any) to this application must be lodged at my office at Naseby on or before the 29th inst. H. A. STRATFORD, District Land Officer.