Page 4 Advertisements Column 5

Manawatu Standard, Volume XII, Issue 1728, 8 June 1886, Page 4

TEE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY (LIMITED.) 'Registered 12fch May, 1880, under "The Joint Stock Companies Act, 1882." JLiin ng the liability of the shareholders'toj the value ot their shares.) CAPITAL ... „. £50,000 In .5000 Shares op "£lO Each Payable as follows :— 2s 6d per share on applicacation, 2s Gd on allotment, mid 2s Cd per share thereafter, payable monthly, for 38 successive mouths (ifTequire<l),'and'on the first Monday of every month, until £5 per share is paid ; the balance (if required) as the Directors may appoint. No notice of instalments given to share- ' holders, ' \ Directors : Edward Barber, Esq., settler, Petone Charles F. Beatson, Esq., architect, Civil Serrice, ■ Hutt. ' George Carter, Esq., builder, Petone James Hector, Lsq., M.D., C.M.G., Petone. J. R.- Johnston, Esq., timber merchant, Petone w. J. Kirk, E'.q., Civil Service, (Chairman Petone Town Board) Petons Thomas Mason, Esq., settler, Yaita, Hutt BAXKEKS: ' ■ The Colonial Bank of Hew Zealan ' Secretary : Mr G. Bell "Williamson. solicitors: ' Brokers: Messrs Williamson & Co. EXTRACTS FROM MEMORANDUM OF AS- : 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 colony of New Zealand, repayable on such terms hyinstal- | monts or otherwise as may be ngreed on with the borrower , and subject to such bye-laws and other regulations of the Company-as maybe made affecting tbe same. (b). The granting of loans on the security of sheep, wooli cattle, flax, agricultural produce, and other personal property generally ; bnt 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 Ireehold and leasehold property m the said colony. (d). The borrowing and raising of any snm or sums of money for the purposes of the company, from aiiy 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 nny 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 tho first of such instalments, any sum of money as may be agreed: upon. (i), The entering into, contracting for, carrying ont 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 sirailer nature, &c., &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 be 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* y while being amply protected m point of 'security. 2. To enable persons possessed of laDd to erect buildings thereon, either by progreßS-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, 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 resi- . dent, and te every observer of the extraordinary progress of these Idealities, 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 a 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 I 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 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 fuii: ! .-,-. . oi .- - ''■''■•"■■:■■ Applications for shares, may be mnde tdthe Secretary at Wellington and Petone, 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 this amount of such deposit. Application forms may be obtained from, the Secretary and Brokerß, their Agents^ or at nny Branch of the Colonial Bank of New Zealand. ' ' Application for Shareswill be received meantime by the Brokers of: the Company/ . -....-■. . WILLIAMSON & CO., : ■'■" Star Chambers, 41, Lambton-quay, Wellington. /TIAUPO QUAY, WANGrANUI, jt you desire to purchase a House, you should apply to Pollard & Simes If you desire to purchase a Farm, you f should apply to Pollard & Sim^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 & 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 yon 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 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 wisli to send Parcels to any part of New Zealaud at Cheap Ratt-s, forward them ' through Pollard & „ 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 -KinRegister, 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 waut cheap advls. m any part of N,ew Zealand call on Pollard & Simes. In short, if you want any Commission Business transacted, place yourself ja gup>uiunu.'*tion with