Page 4 Advertisements Column 5

Manawatu Standard, Volume XI, Issue 1721, 31 May 1886, Page 4

THE PETONE AND HTJTT BUILDING AND INVESTMENT COMPANY (LIMITED.) Registered 12Ji May, 188G, under " The Joint Stock Companies Act. 1882." SLi a ng the liability of the shareholders to the value ot their shares.) CAPITAL ... £50.000 ■: „ . IN 5000 SHARES OF £10 BACn Payable* as follows :— 2s Cd per share on applicacation, 2s 6d on allotment, and 2s Cd per share thereafter, pnyable monthly, for 38 successive months (ifrequiredi, and on the first Monday of every month, wivtil £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, Hutt. George Carter, Esq., builder, Petone James Hector, Esq., M.D., C.M.G., Petone. J. R. Johnston, Esq., timber merchant, Petone W. J. Khk, Esq., Civil Service, (Chairman Petone Town Board) Petene Thomas Mason, Esq., settler, Taita, Hutt BANKERS : The Colonial Bank of New Zealand* Secretary : Mr G. Bell Williamson. solicitors: Brokers: Messrs Williamson & Co. EXTRACTS FTIOM MEMORANDTJM OF ASSOCIATION. The objects for which the Company is established (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, flnx, 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. , ,_ ... (c). 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 6ame on deposit, 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 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 person's 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. . . (1), The entering into, contracting for, oarrymtf out, and doing all suoh other acts, matters and things as may bo incidental to, or conducive to the attainment of all or any of the above objeotsi or all or any objects of a like or similer nature, Ac, &o, This Company will combine the advantages derived from the experience of many other similnr and successful institutions now .working m the colony. The general principle aimed at is, that thfl interests of all conc«rned shall be purely reoiprooal ; the main features being,— 1, To provide capital whereby reaidents and others will he enabled to acquire property, freehold or leasehold, m town or country, by means of easy periodioftl repayments which leave a reasonable margin of profit to the Company, while being amply protected m point of security* 2. To enable persons possessed of land to erect buildings thereoo, either by progrefia-payments or m a lump sum) repayable by instalments, or at the expiration of a fixed period of years* 8. 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 member* on the value of their shares; and^ generally, to encourage m every possible way— consistent with sound security—mem* bers m the direction of thrift and independence, by enabling them readily to acquire property, and particularly to obtain a comfortable freehold home, 6. It must be obvious to every resident, and t» every observer of the extraordinary progresß 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 thn residents, and the public generally, I will warmly welcome and support the advent of such an institution, the flrßt m the district, 7. Also, that they will appreciate the privilege of obtaining admission as shareholders to o financial undertaking of this description, at the commencement of its operations, when neither any large sum representing paid-up shares, nor the usual heavy premium on such are required, an m the case ot most other financial Companies m the Colony now carrying on business. 8. The Directors will consider each application for shares on its merits, and will allot accordingly, but they reserve the right to refuse any allotment absolutely if they shall think fit. In such oases the deposit will be returned m full. Applications for shares, may be made to the Sfforetary at Wellington and Peton«, either directly, or throueh the Brokers ef the Coropnny, or any Agents. Every application must be accompanied by the required deposit, or by a receipt from any Branch of the Colonial Bank for the amount of sunh deposit. Application forms may be obtained from the Secretary and Brokers, their Agents, or at any Branch of the Colonial Bank of New Znaland. Apolication for Shares will be received meantime by the Brokers of the Company. WILLIAMSON & CO., Star Chambers, 41, Lambton-quay, Wellington.

HHAUPO QUAY,WANGANUI. jt you desire to purchase a Mouse, you should apply to Pollard & Sitnes If you desire to purchase a Farm, you should apply to Pollard & Simes If you desire to purchase a few acres of land, yon should apply to Pollard & • Simes. If yon desire to purchase, by sale or otherwise, you should apply to Pollard & Siraes. If you wish to dispose of your housei 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 yoii have anything to sell or dispose of, consult Pollard & Simes. If you wish 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 oth.ers require good situations, they should call on Pollard & Simes. If you want to bny or sell a business of any description, or have your furniture etc., valued, you should call on Pollard & Simes. I If you wish to send Paroels to any part of New Zealand at Cheap Rates, forward them through Pollard & Siraes, If you wish to forward paroels to any part of the world, forward through Pollard & Slrnes. If you wish missing friends traced, and private enquiries made, call on Pollard & Simes. If you wish to inspect NeXt-orMCtn-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 advls. m any part of New Zealand call on Pollard & Sfraest In short, if yon want any Commission Business transacted, place yourself m pommunioation wjth PQJ44RDASJMEB,