Page 4 Advertisements Column 5

Manawatu Standard, Volume XI, Issue 1718, 27 May 1886, Page 4

THE PETONE AKD HUTT ' BUILDING AND- INVEST ME NT COMTANY (LIMITED.) Registered 12 «,h May, 1836, under " The Joint Slock Companies Act, .1832." i-lii 1 ng the liability of the shareholders to the. value 01 their shares.). CAPITAL ••• - £50.000 m 5000 SiiAiiss op £10 Each Payable as follows :— 2s Gil per share on applicacation, 2s Gd on nllqtaieut. and 2s fid per sh?re ' thereafter, payab'e monthly, for 38 succes-j.ve moatas(ifiequiied», andon vhe 6rst Mondey of every month, unt'l £5 per share is paid ; th,e balance (if required) as the Directors may appoint. No uotice of instalments given to shareholders, ;, Directors: , Edward Barber, Esq., settler, Petone : Charles F. Beatson, Esq., arcnitect, Civil Serrice, Hutt. George Carter, Esq., builder, Petone j James Hector, Esq., M.D., C.M.G., Petone. J. R. Johnston, Esq., timber merchant, Petone , W. J. Kirk, Esq., Civil Service, (Chairman Petone Town Board) Petone Thomas Mason, Esq.. settler, Taita, Hufct Bankers: ■ The Colonial Bank of New Zealand' : Secretary : ; Mr G. Bell Williamson. Solicitors: ; Brokers: Messrs ■Williamson & Co. BXTBACTS FROM MEMORANDTJM OF AS- i SOCIATION. The objects for which the Company is established are: — ' ". (a). The granting of loans on the mortgage of freehold and leasehold property m the cc'ony of New Zealand, repayable; on such terms by instalments or bolieiwise as may be ?,greed on with the borrower, and subject to such bye-laws anil other < regulations of the Company as maybe made affecting the same. - ■ ■■ i 1 (b). The granting "of loans on the security .of sheep, wool, cattle, fli::, agricultural produce, and other personal property generally ; but not the mokinif 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. (c). The purchasing, selling, exchanging, holding, leasing, and disposrig of, treehold and leasehold property' iii the "said coloiiv. (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 oivdeposit, or by the issne of debentures, or by the giving of a mortgage over any property of the com- _ pany, or by transfer by way of mortgage of any ' securities to the company, and the paying of interest on such mo'iios 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 rcay_ be a-'rooa on with the person or persons so investing, and the contracting to pay, and the paying to such person , or. persons. .at.,the expiration , of ;any., fiseel period c6mm*encing''Toni the payment' of the first" of such instalments, any sum of money as may be agreed . upon. (t), The entering into, contracting for, carrying out, and doing all such other acts, matters and things as may be incidental to, or conducive to the attainment of all or any of •: he above objects, or all or any objects of a like or similer nature, &c, &c. This Company will combine the advantages derived from the experience of many other similar and successful institutions now working, in the colony. . Tho general principle aimed at' is,* that the interests of all concerned shall be purely reciprocal ; the main features being. — :•'•■ . 1. To provide capital whereby residents and others will bo enabled to acquire property, freehold or leasehold, m town or country, by means of eaßy periodical repayments which leave a reasonable margin of profit to the Company, while being amply protected m point of security. ■ r : 2. To enable persons possessed of land. to erect, buildings thereon, either !by progress-payments or m a lump aum, repayable by instalments, or at thej expiration of a .fixed period of ynars. 3; Toreceive 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 members on the valueof their shares ; and, generally, to encourage m every possible way — consistent with sound security— tnon*» befs m. the direction of thrift arid indefpendence, by enabling them readily to acquire property, and particularly to obtain a comfortable freehold home. , . -5. ■ It- must be obvious to every, resident, and t« every ,observ«r of the ex- •■ traordinary progress of- these localities, •'that this Company .will provide for an absolute, arid: urgent necessity which ex-l istfl at the preseTr't time. ! , .6. Jt is cqnaeqji ( ently. bpHeved that th> residents; and the public generally, Will warmly welcome and support the "advfent of siioh arv'iristitutiob, the first m. t he: district." • 7.-. Also, that they will appreciate the privilege of obtaining admission as •shareholders to n financial undertaking •of this description, at 'the commence-. -mint ofcits operations; .when neither any . I^Hgeisnm representicg" paid-up shares, j nor the usual heavy premium on such--1 are required, as m the case, ot most;] other .financial Companies m the Colony \\ now"! carrying on business. ' J B. • The Directors will consider each" .application for shares on its merits, and j jvill allot accordingly, ,but reserye ; 4hl right to refuse any' 'allotment afiso-' ( lutely if,thfty shall think fit. In ; guohi cases, the deposit will be returned m; full. i■' •■"';_ ;v; '■■ ■ '" ' I : App.lie«tions:foi\ahnW?s, rriay be m aide', to the Secretariat 'Wellington and^ Pc--tone, either, 'directly, or through the Brokers of the Compnri'y, or, any Agents. Every application mnst bs accompanied by the required deposit, or by a receipt ; from any Branch of the Colonial Bank for the amount of such deposit. Application forms may be obtained from the . Secretary and Brokers, their Agents, or at any Branch of the Colonial Bank of New Zealand. ApDlication for Shares will be received meantime by the Brokers ,of the ComP an V' . . ' - ..'■ ■ • ..' WILLIAMSON & CO., Star Chambers, 41, Lambtoh-quay, Wellington. np.AU P O Q U AY, WAN GA N UI. jtyon desire to purchase a House, you should apply to Pollard & Simes If you desire to purchase a Fartn, yon should apply to Pollard & Sim^s If you desire to purchase a few acres of land, you shonld apply to Pollard & Simes. - - • If yon desire to purchase, by sale or otherwise, you should apply to 1 Pollard & Simes. ' I If you wish to dispose of your houße, - lands,, &c, you should apply to Pollard &Simeß. ' rr li you desire to lease, or let on lease, Farms, you should . apply to Pollard & Simes. If you have anything to sell or dispose . < of,, consult Pollard & Siraes. If you wish to Exchange Goods, send them through Pollard & Simes, 1 Exchange and Mart. - If you want good Servants, you should call on Pollard & Simes. I ,If Servants and "others .require good situations, they should call on Pollard & Simes. If you want to buy or sell a business of ; anir description, *or have your f urnitu re etc., valued, you should call on, J^-PdllaW&Simes? •S.^Mnn*** : If you wish to send Parcels to any part : of New Zealand at Cheap Ratrs, ) ■■'■ forward them through Pollard &"; •,--:. Simes. If you wish to forward* parcels to any part of the world, forward through Pollard & Simes. • •- I£ you wish missing f rienda traced, and private enquiries made, '. call x pn Pollard & Simes. ; If you wish to inspect Next-of-Kih-Register, call on Pollard & Simes. ,If you wantgoods Dyed on shortest notice, call on Pollard and Simes. . It you want yonr rents or debts collected, call on Pollard & Simes. If you want cheap advts. m any, part of #ft<Y Zealand call on ! Pollard M • gimee.- C\ ' ■'• ■ -•.■;•■-^ f. k Itk sljo/t; ifyp^i want Any Comniissloti ■ Bueinesß transacted, placa yourself tft ooinmuniciition with **. . PO^ARP&SIMES,. ;