Page 4 Advertisements Column 5

Manawatu Standard, Volume XII, Issue 1730, 10 June 1886, Page 4

THE PETONE AND HTJTT " BUILDING ATSD 18- --' VESTMENT COMPANY (LIMITED.) KegisTehed 12-;h May, ISS6. under " The Joint; Stotk Companies Act, 1852." -&Li.n ng the liability of che shareholders to the', yaiue ol their shares.) CAPITAL ... ... £50.0001 In 5000 Shares OP.:£10 EAcn Payable as .follows:— 23 6d per share onapplica-' caijop, 2s Od on allotment, and 2s (3d per scares ihofca-xcr, payab'c- monthly, for 38 .successive j Tnomns(ii'iequired), a.id oa u'lie first Mculnyi of every month, vuv.l £5 per share is paid ; the balance (ifrequ'ied)ns the Directors may ao- , point. No notice of instalments given to share* ; holders. Directors: Edward Barber, Esq.;, settler, Petone , ' 'Charles F. Beatsou, Esq., architect, Civil Service, • Hutii. George Carter, Esq., builder,' Petone James Ilecior, Esq.. if.D., C.M.G., Petoue. ' ; -J. R. Johnston, Esq., timber merchant, Petone W. J. KL-k, EFq., Civil Service, (Chairman Petone Town Board) Petone Thomas Mason, Bsq ., setiilcr, Taita,- Hubt BANKERS: The Colonial Bank of. New Zoalan ' SECRETARY : Mr G. Bell Williamson. .Solicitors : Biiokiohs: Messrs Williamson & Co. EXTRACTS FROM MEMORANDUM OF,, AS-' 1 SOCIATION. The objects for which the Company is established arc: — (a). The granting of loans on the mortgage of freehold and leasehold pronerty 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 ot the Company us maybe made affecting the same. (b). Tlie ■granting' of Joans on the security of sheep, wool, cattle, fhx; agricultural produce, and other personal, property generally; but not "the makinjr 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 ad--1 vances or loans. •■ - ;, (c). The purchasing, selling,exchangiiig, holding, leasing, and disposing of freehold and leasehold proneriy m the said ;colony. (d). The borrowing nnd raising of any sum or sums of money lor the purposes, of the company, ; from any person or persons, for any period or periods, anil either by receiving the same ou de- . posit, or bythe issue of debentures, or by tho giving of a mortgage over any p'operr.y of the com•paivy, or by iv.ins'er by way of mortgage of any securities to the company, and the paying of interest on such monies so borrowed at such rate^ qrr rates as may be agreed upon. (c). The receiving from any person or personsperiodical 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 cpnrracting 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,'carryincf out, and doing all such other acts, matters and things iis may be incidental to, or conducive to. tho 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 advantage's derived from the experience of many other similar and successful institutions now working m the colony. The general principle aimed at is, that thfi interests of all concerned shall be purely reciprocal ; the main jfeatures being,— '• 1. To provide capital whereby residents and others will be enabled to acquire property, freehold or leasehold, m. town or countiy, by means of easy periodjcnl 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 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, generally, to encourage m every possible way — -'consistent with sound security — members m the direction of thrift and!,-inde-pendencc, by enabling them readily to . acquire property, and particularly to ob- ' tain-a comfortable freehold home. 5. It must be obvious to every reai- , dent, and te 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: 1 6. It is consequently believed that the residents, and the public genorally, will warmly welcome and support the iad vent, of such, an institution, the first m tho district. 7. Also, that they will appreciate the privilege of obtaining admission as ! shareholders to ;? financial undertaking of this description, at the commencemont of its operations, when neither any largo sum representing paid-up shares, nor the usual heavy premium on such are required, as m the case ot most other financial Companies m the Colony now. cam-ing on business. 8." The Directors will consider each application for shares on its merits, and will-allot accordingly, but they reserves 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 Sscretary at Wellington and Pe.tone, either,. directly, or through tlie ' Brokers of the Company, or any Agents. Every application must be accompanied by the required deposit, or by a receipt from any Brnncli of the Colonial Bank for the amoiint^of suoh deposit. Application forms' may be obtained from the Secretary and Brokers, their Agents, or at any Branch, of the Colonial Bank of New Zealand. . •-••'• Apnlication for Shares will be received meantime by the Brokers of the Company! ' WILLIAMSON & CO.;;- '"' Star Chambers, • 41, Lambton-quay, Wellington. qpiAUPO- QUAY, WANG AN UI. jt you desire to purchase a House, you should apply to Pollard & Simos If you desire to purchase a Farm, you 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 you, have anything to sell or dispose of, consult Pollard & Sjmeß. A If you, wish to Exchange 'Goods, send them through' Pollard & Simes, Exchange and Mart. If you 'want good Servants, you 'should call on Pollard & Sitnes. If Servants and others ; require good' situations, they should call, on Pollard & ISimes. <' 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. t If you wish to forward parcels to any part of the world, forward through , ,-...JE'ollard& Simes. If you wish missing friends traced,' and ■, private -enquiries made, ' call on Pollard & Simeß. If you wish to inspoci Next-of-Km-lioidster, call ou Pollard & Simos. If you want goods Dyed on shortest notice, call on Pollard and Simes. It you want your rents or debts collected, call on, Pollard & Rimes. If you want cheap advts. m any part of New Zealand call on Pojlard & Simes. In short, if you want any Cojn'tniseion Business tranKartud, place- J»oui self \a romnjuniuatioii wilii