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THEPETONHf AND HUTT BUILDDNi AND INvestmeKt company (LIMITED.) BegHTERED 12Ui HI ay, 1836 ; under " Ths Joint Stock Companies Act, 1832." ftui -i ng the liability of the shareholders to the ■value oi their shares.) CAPITAL £50.000 IN 0000 SHAKES OF £10 Each PaynWe aW'idllows :— 2s Oil per share on applioacntiou, 2s 6d on nllotment, and 2s Cd per share thereafter, payable, monthly, for 38 successive months (if required.), and on the first Moail«y of every month, imt'l £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., architect. Civil Service, Hurt. George Carter, 850... buUder, Petone James Hecior, Esq., M.D., C.M.G., Petone. J. R. Johnston, Esq., timber meichsuit, Petone W. J. Kirk, Esq., Civil Service, (Chairman Petone Town Board) Petene Thomas Mason, Esq., settler, Tolta, Hut* BANKERS : The Colonial Bank of New Zealand' Secretary : Mr G. Bell 'Williamson. ! Solicitors: Brokers: Messrs Williamson & Co. EXTRACTS FROM MEMORANDTJM OF ASSOCIATION. 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 otherwise as may be ogreed on with the borrower, and subject to such bye-laws and other regulations of. the Company as maybe made affecting the same. . (b). Tlie granting of loans on the security of sheep, wool, cattle, flix. agricultural produce, and Other personal property generally ; but not the ninkinsf of advances or loans on or by discounting bills of exchange or promissory notes,_nor the grant* . ing 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 disposing of ireehold 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 de po3it, or by the issne of debentures, or by the giving of a mortgage over any property of the company, or by transfer by way of mortgage of any securities to tho company, and the paying ofinterest 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 person or persons so investing, and tho contracting to pay. ana 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 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 the above objects, or all or any objects of a like or similer nature, &c., &c. This Company will combine the advantages derived from the experienco of many other similar and successful institn'libhs now working m the colony. The general principle aimed at is, that the interests of all concprned shall be ptKrely reciprocal ; the main features being,— 1. To provide capital whereby residentjj and others will b« enabled to acquire property, frpohold or leasehold, m town or countiy, by means of easy periodicil rppaymonts which leave a reasonable margin of pro6t to the Company, whilo being amply protected m point of security. 2. To enable persons possessed of land to erect, buildings thereon, either by progress-payments or m a lump sum, repayable by instalments, or at the expiration of a fixed period of years. 3. To rpceive deposits, and to afford a safe and prnfitnble investment both for capitalists and during accumulation of smaller savings by others. 4. To grant loans to members on rhe 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 must be obvious to every resident, and t@ every observer of the extraordinary progress of thpse localities, that this Company will provide for an absolute and urgent necessity which exists at the present time. 6. It is consequently believed that the residents, and the public generally, will warmly 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 representing paid-up shares, nor the usual hoavy premium on such arc required, as m tho. case or most other financinl Companies m the Colony now carrying on business. 8. Tho 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 they shall think fit. In such ' cases the deposit will be returned m full. Applications for shares, may be made to the Secretary at Wellington nnd Petono, 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 s from any Branch of the Colonial Bank for th b amount of such deposit. Application forms may be obtained from the Secretary nnd 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 Company. WILLIAMSON & CO., Star Chambers, 41, Lambton-qnay, Wellington.

rpAUPO QUAY,WANGANUI,

jt you desire to purchase a House, you should apply to Pollard & Sirnos If you desire to purchase a Farm, j r ou should apply to Pollard & Siin<>s If you desire to purchase a few acres of land, you should apply to Pollard & Siuies. If yon desire to purchase, by sale or otherwise, you should apply to Pollard & Simes. If you wish to dispose of your house, lands, &c, you should apply to Pollard & Simes. If 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 & Simee. If you wish to Exchange Goods, send them through. Pollard & Simes, Exchange and Mart. If you want good Servants, yon should call on Pollard & Simes. If Servants and others require good situations, they should call on Pollard & Simes. If you want to buy or sell a business of any description, or have your furniture etc., valued, you should oall 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 & Sirnes. If you wish missing friends traced, and private enquiries made, call on Pollard & Simes. If you wish to inspect Next-of-Km-Register, call on Pollard & Simes. If you want goods Dyed on shortest notice, call on Pollard and Simes. It you want your rents or debts collected, call on Pollard & Simes. If you want cheap advts. iv any part of New Zealand call on Pollard & Simes. ■ In short, if you want any Commission Business transacted, place yourself lifl communication with POLLAKD& RIMER, Tmiye Quay,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18860528.2.30.4

Bibliographic details

Manawatu Standard, Volume XI, Issue 1719, 28 May 1886, Page 4

Word Count
1,249

Page 4 Advertisements Column 4 Manawatu Standard, Volume XI, Issue 1719, 28 May 1886, Page 4

Page 4 Advertisements Column 4 Manawatu Standard, Volume XI, Issue 1719, 28 May 1886, Page 4

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