Page 4 Advertisements Column 5

Manawatu Standard, Volume XII, Issue 1731, 11 June 1886, Page 4

TEE PETONE AND HTJTT BUILDING AND INVESTMENT COMPANY r (LIMITED.) Registered 12th May, 1886, under "The Joint Stock Companies Act, 1882." gLim ng the liability of the shareholders to the value of tUeir shares.) CAPITAL £50,000 IN 5000 Shares of,'£lo EAcU Payable as follows :— 2s Gil per share on applicacation, 2s 6d on allotment, and 2s Gd per share thereafter, payable monthly, for 38 successive months (if required), and on the fiVst 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 shareholders. Directors: Edward Barber, Esq., settler, Petone Charles F. Beatson, Esq., architect, Civil Service, Hutt. George Cartrr, Esq., builder, Petone James Hector, Esq., M.D., C.M.G., Petone. .J. H. Johnston, Esq., timber merchant, Petone W. J. Kirk, Esq., Civil Service^ (Chairman Petone Town Board) Petone Thomas Mason, Esq., settler, Taita, Hutt ;. BANKERS:^ The Colonial Bank of New Zealan Secretary : : i Mr G. Bell Williamson. Solicitors: Brokers : Messrs Williamson & Co. EXTRACTS FROM MEMORANDTJM 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 instalI ments or otherwise as may be agreed on with the I borrower, and subject to snch bye-law's and other regulations of the Company as maybe made affecting the same. (b). The granting of loans on the security of sheep, wool, cattle, flax, 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 treehold 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 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, acd 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 «rf such instalments, any sum of money as may be agreed upon. (i), The entering into, contracting for, carrying out, and doing all such other acts, matters and tilings 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, &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 v 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, 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 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 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 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 V financial undertaking of this description, at the commencement of its operations, when neither anylarge sum representing paid-up shares, nor the usual heavy premium on such are required, as m tho case 6t 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, 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 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 tho amount of such deposit. Application forms may be obtained from the Secretary and Brokers, .their Agents,, or at any .-Branch of the Colonial Bank of New Zealand. Apolication for Shares will be received meantime by the Brokers of the Company. WILLIAMSON & CO ( ., Star Chambers, 41, Lambton-quay, Wellington. rpAUPO QUAY, WANGANDI. jt you desire to purchase a House, you should apply to Pollard & Sitnes If you desire to purchase a Farm, you should apply to Pollard & Sitnes 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 & Simeß. If you desire to lease, or let on lease, Farms, you should apply to Pollard & Siines. 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 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 & SiuNJs. 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 want cheap advts. m any part of New Zealand call on Pollard & Simes, Jn Bh,ort, if you want any OaramiseJQn trpnpoted, plsc? yourßulf m^m wwumn*^^*, with