THE PETONE AND HUTT 1 BtfILDING AND INVESTMENT COMPANY (LIMITED.) fIEGisTEUEn 12di May, 1836, under " The Joint S;o«rk Companies Act, 1852." Bl'i 'i ng the liability of the shareholders to the value ot their shares.) CAPITAL * 50 - 000 IN 5000 SlTAll::S OK £10 EACH PiiynWe ns follows:— 2s Gd per share on .ippKeacntion, 2s Gd on allotment, :uid 2s 6d per sbare thereafter, payable mquthly, for 38 successive mon.hs (?;' required i, and on the first Moadcy of every month, imi'l Jis per share is paid ; the balance (if required) as the Directors may appo'.nt. Ko notice of instalmeutsgiven to shareholders, Diiiectors: Edward Barber, Esq., settler, Petone Charles F. Beatson, Esq., architect, Civil Service, Hutt. George Carter, Esq., builder, Petone James Hector, Esn., M.D., C.M.G., Petone. J. Jt. Johnston, Esq., timber merchant, Petone W. J. Kirk, Esq.. Civil Service, (Chairman Petone Town Board) Petone Thomas Mason, Esq., settler, Taita, Hufct BAVtKitS: The Colonial Bank of New Zealand* Secretary : Mr G. Bell Williamson. solicitors: Brokeus: Messrs Williamson & Co. EXTBACTS FROM MEMORANDUM 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 colony of New Zealand, repayable on such terms by instalments or otherwise as may be agreed on with the borrower , and subject to such bye-laws and other regulations of the Company as maybe made affecting the same. (b). The granting of loans on the security of sheep, wool, cattle, flux, agricultural produce, and other personal property generally ; but not the ranking of advauces or loans on or by discounting bills of exchange or promissory notes, nor the granting advances or loins 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 lreehold and leasehold property m the said colony. (d). The borrowing nnd raising of any sum or sums of money for the frirrposes 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 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 the company, and the paying of interest on such monies so borrowed at such rate or rates as 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 the contracting 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 be agreed upon. (t), The entering into, contracting for, carrying out, and doing all such other«acfcs, 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 similcr nature, &c, &c. This Company will combine the advautages derived from the experience of many other similar and successful institutions now working m tbe colony. The general principle aimed at ia, that the interests of all concerned shall be purely reciprocal ; the main features being, — I. To provide capital whereby residents and others will bo enabled to ncqnire property, freehold or leasehold, m town or country, by means of easy periodical repnym^nts which leave a reasonable margin of profit to the Company, while beiug amply protected m point of security. 21 To enable persons possessed of land to orect buildings thereon, either by procrreßs-payments or m a lump sum, repayable by instalments, or at the expiration of a fixed period of y«ars. 3. To rpceive deposits, and to afford a safa and profitable investment both for Capitalists and during accumulation of smaller savings by others. 4. To grant loons to members on the value of their shares ; and, erfvnsrally, 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 te every obsprvpr of the extraordinary progress of these localities, that this Company will provide for an absolute and urgent necessity which exists at the present timo. 6. It is consequently believed that tho residents, and the public generally, will warmly welcome and support the advent of snob, an institution, the first m -the district. 7. Also, that they will appreciate tbe privilege of obtaining admission ns shareholders to a financial undertaking of this description, at the commencement of its operations, when neither any large sum representing paid-up shares, nor tbe usual heavy premium on such are required, as m the* case 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, bnt 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 and Petone, either directly, or throueb the Brokers ef the Company, or any Agents. Every application must bs accompanied by £he required deposit, or by a receipt i from any Branch of the Colonial Bank for tli« amount of such deposit. Application forms may be obtained from the Secretary and Brokers, th^ir Agents, or nt 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-quay, Wellington.
rpAUPO QUAY.WANGANUI. it yon desire to purchase a House, yon should apply to Pollard & Simos If you desire to purchase a Farm, you should apply to Pollard & Siin°,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 & Sinies. If you wish to dispose of your house, lands, &<'., you should apply to Pollard & Simeß. If you desire to lease, or let on lease, Farms, you should apply to Pollard & Simes. If yon have anything to sell or dispose of, consult Pollard & Simes. If you wish to Exchange Gcrods, Bend them through Pollard & Simes, Exchange and Mart. If you want good Servants, you should call on Pollard & Simes. If Servants aud 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 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-Km-Register, call on Pollard & Simes. If you want goods Dyed on shortest notice, call on Pollard and Sinies. ■ liyou want your rents or debts collected, call on Pollard & Simes. If you want cheap advls. m any part of N ; ew Zealand call on Pollard & Siines, In short, if you want any Commission Business transacted, place youraelf m communication with POLLARD & SIMES, , TfHfrQQwy,
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Bibliographic details
Manawatu Standard, Volume XI, Issue 1720, 29 May 1886, Page 4
Word Count
1,245Page 4 Advertisements Column 5 Manawatu Standard, Volume XI, Issue 1720, 29 May 1886, Page 4
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