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rE PETONE AND HUIT BUILDING AND INVESTMENT COMPANY (Limited.) Registered I2ih tilt, 1836. dim 5 "The Joint SiO^k Coinpsoies Act, 18.2." (Lim ing the I'&bilicy of .be shareliolders to tbe rake oi their shares.) CAPITAL »• £50.030 IN 5090 SHARES OP £10 EACH. Payable as follows :— 2s 6d per share on p.ppttcactioD, 2^ 6d on allotment n^d 23 Gd per s'oare therea-'wef.'paynWe moaioly, for 38 successive moDlas(jriequj.e<'\aadoa .'oe first Moid:y of every moaih, up-il £fi per sh?re is paid ; the balance (if required) as the Director may appoint. ,Rd notice of instalments given to shareholders. Directors: Edward Barber, Esq., settler, Petone Charlei F. Beatson, Esq., architect, Civil Service, - Hutt. George Carter, Esq.; builder, Petone James Hector, Esq., M.D., C.M.G., Petone. J. K. Johnston. Esq., timber mercliant, Petone . . W. J. Kirk, Esq., Civil Service, (Chairman Petone Town Board) Petone Thomas Mason, Esq., settler, Taita, Hntt - Bankers: . Thetylonial Bank of New Zealand* Secretary : Mr G. Bell "Williamson. . soiiiowoßa:, . . Brokers: < Messra Williamson & Co.

BXTBACTS FROM MEMOHANDTJU: OF AB. •■•■■ SOCIATION. The objeota for whioh the Company is established •rej— . . (a). The granting of loans on the mortgage of freehold an 4 leasehold property m the colony of New Zealand, repayable on such terms by instalments or otherwise as may be agreed on with tho borrower , and subject to such bye-laws and other regulations of the Company as maybe made affect- ' ing the same. , „ (b). The granting of loans on the security of sheep, wool, cattle, nix, agricultural produce, and other personal property generally; but .not the making of advances or loans on or by discounting bills of exchange or promissory notes, nor the granting advances or loans upon any security not herein generally subscribed' as a proper subject for advances or loans. (o). The purchasing, selling, exchanging, holding, leasing, and disposing oi freehold and leasehold property m the said colony. fc(d). The borrowing end raising of any sunupr turns of money for the purposes of the company, from any person or parsons, for any period or periods, and either by receiving tho same on deposit, or by.the tame of debentures, or by the giving of a mortgage over any property of tho company, or by transfer by way of mortgage of any securities to th« company, and the paying of interest on such monies so borrowed at suoh rate or Fates at may be agreed upon. ■ ' (•). Thef receiving from any person or persons X" Periodical instalments ofmoney payablo on certain fixed days, and of such amount sis may be agroed on with the person or persona so investing, and tho contracting to pay, ana the paying to such person Or persons; at the expiration of any fixed penoft. commencing from the payment of the first of suoh Instalments, any sum of money as may bo agreed: Upon, ; ' .■-•-•■■•' (t), Tlie entering into, contracting for, omyiuu Ottt, and doing all suoh other acts, matters and things as may b» incidental to, or conducive to the fcttwTnment of all or any of tho above objects, or all •r any objeots of a like or similer nnture, &c, &c, This Company will combine tht Adv»ntftffei d«ri»ed from th« experjjonc* of tnwy other similar and mccewful in■tituiione now- working lo th» colony. Tho general principle aimed fit is, that th« interests of ail concerbed sliall be purely reoiprocal ; tho main features being,— 1. To provide capital whereby residents and others will be enabled to acfnire property, freehold or leasehold, m town or countty, by tneans of easy periodioai repayinvnts whi.h leave ai'easoh/. able margin of profit to the Company, whiie befog amply protected m point of Mcirttyk .... , . ■ % To . enable persons pptßesstd of land to erect buildings thereon, either by proffreits-payments or m h tump sum, repayable by instalments, or at the expiration of a fixed period of years* 3. To receive deposits, and to afford isafa nnd profitable iovastment both (or capitalists and during accuinulatiou Df smaller aavinxs by others. li To crant loans to member*. on the Value of their sWeH| and, uen-rally, iDiDCottrage m every possible way— Conslsttot with sound seonrity— tnembera m the .direction of thrift and inriepotidencoi by enabling the tn readily to acquire property., and particularly to obtain a comfortable f r«ohold homo. 6. It. must be obvious to every reiiident, and ti» every obs^rvWr of the extraordinary progress of these localities, that this Company will provide for an Absolute and urgent necessity wbioh exists at the present time. • . . ':- 6. It is oonwequently believed; that tb« residents, and tho public .generally,, will warmly welcome and support the Advent of such an institution," the first In tbe distriot, i- ; , 7. Also; that they will jftppriciate the privilege of obtaining, Admission • hs ' ihareholders to s financial irufl'dertakint ' of this description, /at tllwKcoroi^ence- . ment of its operation!, y\i?n wiiMirmy ' large sum repfesenticg nor the usual heavy; premium otn 'such •re required, as m the case vbt" most ether financial Compnnies, fn the. Colony , now carrying on buuinessj' ■■■■:" 8. The Directors will consider each Application for shares on its merita, .fttid. will allot accordingly, but they, yweryethe right to refuse any aHotmiOt ' aliao-.v lulely if they ahall think fi ♦ In cases the deposit will be retWQttdvW' foil. .. ; .. ' ; . : .; V' >':■■;;

Applications for shares, may be made to the Secretary at Wellington and Be- : - ton#, either directly, or tlirouph the Brokers nf the Company, jpt »qy Agenti. Every application must be accotnpinipd by tb'e required deposit, or by a receipt 1 from any Brnnch of the Colonial Bank, for the amount of such deposit, Appliettion forms may be obtained from the Secretary and Broker*, their Agents,: or •t any Branch of tb« Colonial Bank of Kew Zealand. . , Apolication for Shares will b 6 received Meantime by the Brokers of the Com. pmj. WILLUMBON "*■ CO., Star Chambers, 41, Lambton-quay, Wellington, GrBAKD BAZAAE ..." maid of the CHTJBOH OP ENGLAND to be held at the PEILDI JTG TOWK HALL. MAY 20, 21, & 22. i SEE LAHGrE STALLS ttnder the control of Ladies from all ? arts of the Globe m Fancy lostume. ' DON'T FORGET! Oriental Stall— Very Choice. Beautiful Stall- Salubrious Produce Stalf— Farinaceous Antiquated Stall — Bunerb j'ancy Stall -— Sequacious Stall — Jam , COMB AND SEEI The Happy Pair, or Three Months after • Marriage — The Old Woman m the Shoe— The Magw "Welt or Lucky Tab ; all prizes, no blanks. • ..• MAYPOLE DANOB^ EACH EVBNING. f Tableaux Vivants.— One of the prettiest aud most lovely sights ever witnessed m Now Zealand j four Beautiful Children -representing (he Seasons of the year iniaoft gorgeous" style. The Broken Hearted Gipsy, or the Fortune Teller, where any person or persons attending the Bazaar canhave their past, present;- and future fortune told m a mo#t realutio manner for the small charge of 6d; ' ■- LASTLY, BUT NOT LEAST, The only original and living mechanical Waxworks, as performed be- I fort the Hoval FamUy, The Ciar, Tawhiao, Cetewayo, and Other celebrities; having now, arrived m Feilding after having, played to f" bumper houses m all parts of th« globe> ' , Seats, 6d ; book seats, 2 for la, AU performances 6d. ■Bataar open from 2 to 6 p.m.— ikdmission 6d. From 7 to lOp.m— Admission Is. ... Children under 12 half price,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18860519.2.26.1

Bibliographic details

Manawatu Standard, Volume XI, Issue 1712, 19 May 1886, Page 3

Word Count
1,185

Page 3 Advertisements Column 1 Manawatu Standard, Volume XI, Issue 1712, 19 May 1886, Page 3

Page 3 Advertisements Column 1 Manawatu Standard, Volume XI, Issue 1712, 19 May 1886, Page 3

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