Page 4 Advertisements Column 5

Manawatu Standard, Volume XI, Issue 1716, 25 May 1886, Page 4

THE PE'LWP AND HUTT BUILDING AND INYESTiLENT COMPANY (LIMITED.) RegisTKHED 12th MAY, 188G, und?p< The Joint Stock Companies Act, 1852." ""— ••Lini ng the liability of the shareholders to the value of their shares.) CAPITAL £50.000 IN 5000 SHARKS OF £10 EACH Payable as follows :— 2s Cd per share on applicacation, 2s Gd on allotment, suid 2s fid per share thereafter, payable monthly, for 38 successive • mouths (if required), and on the first Monday of every month, until £5 per share is paid ; the balance (if required) as the Directors may appoint. No notice of instalments given to shareholders, Directors: Edward Barber, Esq., settler, Petone Charles F. Beatson, Esq., arcliitect, Civil Service, Hutt. George Carter, Esq., builder, Petone James Hector, Esq., M.D., C.M.G., Petone. J. H. Johnston, Esq., timber merchant, Petone W. J. Kirk, Esq., Civil Service, (Chairman Petone Town Board)Petone Thomas Mason, Esq.. settler, Taita, Hutt BANKKBS: The Colonial Bank of New Zealand' Secretary : • Mr G. Bell Williamson. solicitors: Brokers: Messrs Williamson & Co. EXTRACTS FKOM MEUOR.VNDTOI OF ASSOCIATION. The objects for which the Company is established are: — (a). The granting of loans on the mortgage oi freehold and leasehold property m the colony of New Zealand, repayable o:i such terms by instalments or otherwise as may be agreed on with the borrower, nnd subject to such bye-laws and other regulations of the Company as maybe made affecting the same. .... Co). Tho granting of loans on the security of sheep, wool, cattle, fins, agricultural produce, nnd other personal property generally; but not the tonkin;,' of advances or loans on or by discountingbills of exchange or promissory notos, nor the granting advances or loans upon any security not herein generally subscribed as a proper subject for advance^ or Joans. '„<■■.-'•:: ; ,',,.• (cj. The purchasing, selling, exchanging, Holding, leasing, and disposing of freehold and leasehold property m the said colony. (d). The borrowing and raising of any sum or sums of money for the purposes of the company, from any person or persons, for any period or periods, and either by receiving the same on deposit, or by the issue of debontures, or by tho giving of a mortgage over any property of the company, or by "transfer by way of mortgage of any securities to the company, and the paying of interest on such monies so borrowed at such rate or' rates ns may be agreed upon. (c). The receiving from any person or persons periodical instalments of money payable on certain fixed days, and of such amount as may be agreed on with 'the poison or persons so investing, nnd tho (jontracting to pay, and the paying to such person or persons at the expiration of any fixed period commencing from the payment of the first of such instalments, any sum of money as may bo agreed upon. (1), The entering into, contracting for, carrying put, and doing all such other act's, matters and things ns may be incidental to, or conducive to the attainment of nil or any of the above objects, or all or any objects of a like or similer nature, <&c, &c. This Company will combine the advantages devived from the experience oi many other similar and successful institutions now working m the colony.^ Tho general principle aimed at is, that tho interests of all concerned shall be purely reciprocal ; tho maiu features — ' 1. To provide capital whereby resi- ; dents aud others will l>e enabled to acquire property, freehold or lensehold, m town or countiy, by me.ins of eaßy periodical repayments which leave a reason able margin of profit to the Company, whim being amply protected m point of security2. To enable persons possessed of land to erect buildingß thereon, either by proereßs-payments or m a lump sum, repayable by instalments, or at the expiration of a fixed period of years. 3. To receive deposits, and to afford a safe and profitable investment both for capitalists and during accumulation of smaller savings by others. 4. To grant loans to mombern on the value of their shares; and, generally, to encourage m every possible way — consistent with sound security— members m the direction of thrift and independence, by enabling them readily to acquire property, and particularly to obtain a comfortable freehold home. 5. It m.ust be obvious to every resident, and tfl every observer of the extraordinary progress of these localities, that this Company will provide for an absolute and urgent necessity which exists at the present time. 6. It is consequently believed that th£ residents, and the public generally, will' WBrmly welcome and support the advent of such an institution, the first m the district. 7. Also, that they will appreciate the privilege of obtaining admission as shareholders to n financial undertaking of this description, at the commencement of its operations, when neither any large sum representicg paid-up shares, nor the usual heavy premium on such are required, as m the rase ot most other financial Companies m the Colony now carrying on business. 8. The Directors will consider each application for sharps on its merits, and will allot accordingly, but they reserve the right to refuse any allotment absolutely if thov shall think fit. In such cases the deposit will be returned m full. Applications for shares, may be made to the Secretary at Wellington and Petone, either directly, or through the Brokers of the Company, or any Agents. Every application must be accompanied by the required deposit, or by a receipt from any Brnnch of the Colonial Bank for tlifi amount of such, deposit. Application forms may be obtained from the Secretary and Brokers, their Agents, or at nny Brnnch of the Colonial Bank of New Zealand. ApDlication for Shares will be received meantime by the Brokers of the Company, WILLIAMSON & CO., Star Chambers, 41, Lambton-quay, Wellington. mAUPO QUAY, WANGANUI. jr. yon desire to purchase a House; you should apply to Pollard &Bimns If you desire to purchase a Farm, you should apply to Pollard & Sim°.s If you desire .to purchase a few acres of land, you should apply to Pollard & Simes. If yon desire to purchase, by sale or otherwise, you should apply to Pollard & Simes, If you wish to dispose of your house, 1 finds, &c-:, you should apply to Pollnrd & Simes. If you desire to" lease, or let. on lease, , Farms, you should apply to ■Po i ilard& Simes. If you have anything to sell or dißpose of, consult Pollard & Simes. Ifyouwish to Exchange Goods, send them through Pollard & Simes, Exchange and Mart. If you want good Servants, you should call on Pollard & Simes. If Servants and others require good situations, they should .call on Pollard & Shnes. If you want to buy or sell a business of any description, or have your furniture etc., valued, you should call on Pollard & Simes. If you wish to send Parcels to any part of New Zealand at Cheap Rates, forward them through Pollard & Simes. If you wish to forward parcels to any part of the world, forward through Pollard & Simes. If you wish missing friends traced, and private enquiries made, call on Pollard & Simes. If you wish to inspect Next-of- KinRegister, call on Pollard & Simps. If you want goods Dyed on shortest notice, call on Pollard and Simes. It you want your rents ordebts collected, call on Pollard & Si m es. If you want cheap ad vis. m any part of New Zealaud call on Pollard & Siraos. In short, if you want any Commission Business transacted, place yourself m QOjnmunicAtion with POLL.ABD& SIMES,