Page 4 Advertisements Column 4

Manawatu Standard, Volume XII, Issue 1726, 5 June 1886, Page 4

THE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY (LIMITED.) Registered 12th U.w, 1880, under " The Joint Stock Companies Act, 1882." i,Li n ug the liability of Uie shareholders to the value ot their shares.) CAPITAL. T £50.000 IN 5000 SOAR3S op^£lo Each Payable as follows :— 2s Cd peif -share on applicacation, 2s Cd on .•illolment, and 2s Gd per share thereafter, payab'o monthly, for 38 successive roontiis ().' required" l , and on; the first Monday of every mo ath, tint' t £5 per share is paid ; the balance (if required) as the Directors may appoint. No notice of instalinentsgiven to shareholders, Directors: Edward Barber, Esq., settler, Petone Charles F. Eeatson, 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. Kiik, Esq., Civil Service, (Chairman Petone Towu Board) Petone Thomas Mason, Esq., settler, Taita, Hutt BANKERS : The Colonial Bank of New Zealan * Secretary : Mr G. Bell Williamson. solicitors: Brokers: Messrs Williamson & Co. EXTRACTS FTtOM MEMORANDUM: OF ASSOCIATION. The objects for which the Company is established are: —

(el). The Planting of loans on the mortgage of freehold ami leasehold property m the eclony of New Zeala.ui, repayable on snch terms by instalments or otherwise as may be ngreed on with the borrower, and subject, to snch bye-laws and other regulation? of the Company as maybe made affecting the same. (b). The granting of loans on the security of sheep, wool- cattle, flax, agriciiltui.il produce, and other pesonal 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 advauces or loans. : . (c). The purchasing, selling.exchanging, holding, leasing, and disposing of treehold and leasehold property m Hie 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 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 payiag 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. (1). 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, dsc, &c. This Company will combine the advantages derived from the experience of many other similar and successful institutions now working m the colony. The 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 he enabled to acquire property, freehold or leasehold, m town or country, by means of easy periodical repayments which leave a reasonable margin of profit to the Company, whilo being amply protected m point of security. 2. To enable persons possessed of laDd 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 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 members on the value of their shares; and, gen a rally, 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 to 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 the residents, and the public generally, will warmly welcome and Btipport 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 are required, as m the case ot most other financial Companies m the Cojony 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 cases the deposit will be returned m full. Applications for shares, may be made to the Secretary at Wellington and 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 from any Branch of the Colonial Bank for tlio amount of such deposit. Application fonr.s 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 Company, WILLIAMSON & CO., Star Chambers, 41, Lambton-quay, Wellington.

rjpAUPO QUAY, WANGANUI. jt you desire to purchase a House, you should apply to Pollard & Simes If you desire to purchase a Farm, you should apply to Pollard & Siines If you desire to purchase a few acres of land, you should apply to Pollard & Siines. If yon desire to purchase, by sale or otherwise, you should apply to Pollard & Siraeß. 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 & Sitnes. If yon have anything to sell or dispose of, consult Pollard & Sirnes. 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 others require good situations, they should call on Pollard & Siines. If you want to buy or spII 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 & Si noes. If you wish to forward parcels to any .part of the world, forward through & Sinies. If you wish missing friends traced, and , private enquiries made, call on ' Pollard & Sitnes. If you wi«h to inspect Next-of-Kin-Register, call on Pollard & Siines. If you want goods Dyed on shortest notice, call on Pollard and Sitnes. It you want your rents or debts collected, call on Pollard & Sitnes. If you waut cheap advls. m any part of New Zealand call on Pollard & Sitnes. In Bhort, if you want any Commission Business transacted, pi ape yourself m communication with PQL.L.ARD&SIMBS, Tau^o Quayj