THE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY; (LIMITED.) .Registered 12th May, 1886, under " The Joint i Stock Companies Act, 1882." jam. ng the liability of the shareholders to the value of their shares.) yCAMTAL ... £50.000 IN 5000 SHAKES OF^filO BACH » Payable as follows: — 2s 6d per share on appliea- ' ■ cation, 2s 6d on allotment, and 2s 6d per share thereafter, payable monthly, for 38 successive ■ months (if required), and on the first Monday of every month, until £5 per share is paid ; the balance (if required) as the Directors may ap- . '*" point. Nououceof instalments given to share- '■ J^. holders, ■■....'' 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 Vf,. J. Kirk, Esq.,. Civil Service, (Chairman Petone "i Town Board) Petone Thomas Mason, Esq., settler, Taita, Hutt : ; ;■; ■ BANKERS: ; The Colonial Bank of New Zealan ' , .. ' Secretary : ■ , y . Mr G. Bell Williamson. Solicitors: Brokers: •■•;.... '■. *"•*■'•■'■■' Messrs "Williamson 4 Co. EXTRACTS FROM MEMORANDUM OF AS- , ; S.OCJATION. The objects for which the Company is established are : — . . .. ..■-•-.- . i ■. ■ ' . (a). The granting of loans on the .'mortgage of freehold and : leasehold property m the colony of New Zealand, repayable on such terms by instalmentg,gr otherwise asmay.be agreed- on.with theborrower, and subject to such bye-laws and other regulations of the Company as maybe made affecting the same. .....-- (b)i The granting of loans on the security of sheepj-woql, cattle, flnx, agricultural produce, andother personal" property generally; but riot the ■making; of advances or loans on or by discounting bills of exchange or.promissory notes, nor the grantingjndvannes 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 same on de-. posit, or 1 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 in- ' terest on.suchrmonies so borrowed at such rate or : rates as may be agreed upon. (e). .The receiving from any person or persons periodical instalments of money payable on certain fixed days, and of such amount &s 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 penoa commencing from the payment of the.first of such instalments, any sum of money as may be agreed upon. A ,*&> *''*., yt. : .': .-. -■'■■ -?• ■";■.••;.■■; • (t), ;Tlie 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, <fee, &o. Th)s Company will combine the advantages derived from the experience of many .other similar and successful institutions now working m the colojiy. The general principle aimed .at is, that the interests of all concerned shall be purely reciprocal ; the main features being,— j ,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 prqgresß-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 independfencef by Enabling them readily to - acquire property, and particularly to obtain a comfortable freehold home. 5. It must be obvious to every reaiden,t, and te every observer of the extraordinary progress of these localities, that this Company will provide for an absolute and argent 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 snoli an institution, the first m the district. ■■...,■ •7. Also, that they will appreciate the privilege •of obtaining admission as shareholders -to n financial undertaking rof 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/ as m the case or most other financial Companies m the Colony now carrying on business. 8. ■ The Directors will consider each application fnr : shares oh its merits, arid 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 Pe* .tone, either directly, or throufl'h the Brokers of the Company, or any" Agents. Every application must ba accompanied by the;jre,g nired deposit; or by a receipt from' any- Branch of the Colonial -Bank for tlicv amount of such deposit. cation forms may be obtained from the Secretary ami Brokers, their Agents, or *at,anyißranch of the Colonial Bank of New Zealand; "{ f j 'i \ ['• \ ' 1 Apolication for Shares will be received nseantime by the Brokers of the ComP« n yWILEIAMSQN &:CO.; L . / Star Chambers, * 41, Lambton-fliiay, Wellington. j ." ''■ '■■ I ; ,;M'-i ■;-•-:-:•.■■ : \ \ -. / rp AU P 0 , Q WMX, W A^N G AS Ull it- yon desire to. purchase,, a House, you should apply j t6 Pollard & Simes If you desire to purchase a Farm, you i should apply to Pollard & Sinvis 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 & Sihies. If you wish to dispose of your houne, 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 & Simee. If you wish t/> Exchange Goods, send them through Pollard & Simes, Exoh ange and Bd art. 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 y description, or have your furni- , ' ; ture etc., valued, you should call on Pollard & Simes.-, > If you wish 'to send'Parcelß;to any part of NeW Zealand at Cheap Rates, •; r fofvrard them through Pollard & - .Simes. „ , If you ifbrward. parcels to any . part of the world, forward through ''^''v^Jp.bli'ald&.Siraes. If you wish missing friends traced, and :, private enquiries made, call on ..... Pollard & Simes. . , ; If you wish to inspect Next-of- Km - 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, ca.ll on Pollard & Simes. If you want cheap, advts. m any part of J?ew Zealand- call^on 'PbHard"& i Simee, - i -- iii , ■■ (^ji.. i \ -,;-;-• In abort, if you want any Commission f Business; transacted, place yourself I }n nppwmnication with POULARD &BIM£IB, > Tauxip Qu»y,
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Bibliographic details
Manawatu Standard, Volume XII, Issue 1733, 14 June 1886, Page 4
Word Count
1,271Page 4 Advertisements Column 4 Manawatu Standard, Volume XII, Issue 1733, 14 June 1886, Page 4
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