Page 4 Advertisements Column 2

Mount Ida Chronicle, Volume V, Issue 277, 26 June 1874, Page 4

§libmikcntwt. tamed a liberal advance will be made upon any Gold deposited for the purpose of Coinage. 6th. It is not intended by the promoters that this Bank shall purchase Gold, but merely bo prepared to make advances upon it until realised, in tho same manner that, it will be ready to do upon-wool, grain or other produce. - ■ \ 7th. The amounts of New Zealand Money, in tho hands of the three Banks from Australia trading in the Colony, on the 31st December last, as shown.by their several returns furnished to tho 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 560,000 104,849 664,849 Bank of Aus- .' tralasia ... 193.C00' •■" 38,962 231,962 .Showing a total of: ... ... .£1,890,236 or nearly two millions of money belonging to Colonists onftrust d to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please thoir tastes, or as it may bo convenient for the go-:>d of Commerce in Victoria or Now South Wales, or for tho beneficial regulation of their exchange operations in those colonies. Bth. 'J he Promoters, in placing the foregoing facts before the people of this Colony, desire to point out the very great disadvantages that colonists aro sure to labor under by lending—or rathor giving—such a largo sum of monoy us stated above to foreign Banks, to bo lont back to the people hero at very high rates of interest, and on most arbitrary conditions. Tliey therefore have no hesitation in suggesting the prudence and wisdom of the colonists keeping within their own domain tho 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 oscasion to deplore in the past, brought about solely by some crisis that has occurred in one or other of the. Australian Colonies, where the real interests o' 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 eacli 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 havo 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 bo paid on'application ; that 10s. por share be paid oh allotment; that a Call of ss, por' share be i mado and payablo two months after allotment ; 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 bo made and payablo six months after allotment—-making i together 30s. paid up, per Share.: No.further; Call to _ bei- macle' wif.hin" 12.mouths of the Bank first commencing busi-' nosstin t Dunedin ; after, which future Calls; will hat; exceed ,sa. per Share, nor be'madeat shorter intervals than between each Call. , .',' ~ . ( t ; _ / 11th. The: ; Act .if . Incorporation for thisBankiwillbe so framed as to limit the liability ■• of > the Shareholdprs.; to twice the amount; of their Shares,'the same as,the other Banks,.,. • 12th. : As a thoroughly Colonial Institution,; the Promoters have much pleasure in strongly recommending Tiie Colonial Bank of New' Zealand to the support of all Colonists having the real welfare, of New Zealand at heart. Sueli an.institution is-much;.wanted.at the present time, and ,<s 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, tlieinttuence 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 Hemis-f phero under better, auspices. ; ~ Applications for shares will now-be received a'; 'the Temporary Offices of the Bank, Highstreet (late Club), where forms .'of application nnd full information can be obtained ; or from; , MESSRS, J.-AND R. BREMNER, j ' ■;'-'":'!!>:■' ■-,.:■ Naseby.. B'OitM; of APPLICATION foe SHARES/ ' Date.... ..........1874. To the Provisional Committee OF-THE OOLONIAL BANK OF NEW ZEALAND. '. GENTLEMEN, ' ::' . " ' ' I hereby make application for " Shares in the above Company, and hand-you herewith/ tho sum rf £ , being the imotint of Five Shillings per ehuro deposit on tho same ; and I agree to tuko the said 3hares or any less number that may be allotted to me, and I further agree to subscribe to the Articles of Association when required, to :lo so. I am, gentlemen, yours truly, Signature ............ .........^..^ Name in full Occupation ....................... • Address , ; . . v : :'N0..;...';.;. 1....:............ : :, h\:/\ Date recoived ............ Naseby, 12th June, 1874. To 11. A. Stratford; Esq., District Land Officer, Naseby. ', "HEREBY GIVE. NOTICE, that -jl have mudc application to.the Waste Lands Board to Purchase about a'quarter of in acre of land, upon which tho Welcome Inn now stands, near Home C-ully, and within a garter of a mile from tbe eastern boundary af the Municipality of Nasoby, on tho main road from Dunedin to Naseby. 'JOHN ECCLES. Objections (if any) to this application must bo lodged at my office n't Naseby on or before the 29th inst. , H. A. STRATFORD, ; •■ District Land Officer. -,OTAGO W ASTE LANDS ACT,•, 1872., : .. • Land on .Doferred Payments near Macraes: is ;STereby Otvon that.'i Land Officer, Ndseby,, for' the' following sections on the abovo Block : ' : J '- ! "Soctiohlli Block. 11., Highlay District.; ■'"■'" area, 48 acres 3 roods 16 perches. •; ■; vEDWARD'joNES;.IS- - "The aboVe'application will bo heard at the District Land Office, Naseby, on Mondav June 29th, 1874, at 11 a.m. . ■' H. 'A. STRATFORD, District Laud Officer. Nnsi'by, June 3, 1874,