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THE PETONE AND HUTT BUILDIJSTGr AND INVEBTMENT COMPANY (LIMITED.) REGIsTEBED/i2th HAY, 1886, under " The Joint StocStTompaniesAct, 1882." sJa a ng ihe liability of the shareholders to the value of their shares.) CAPITAL .;-,.., ... ' ...£50.000 IK 5000 SHABES OF . £10 EACH Payable as follows :— 2s 6d per share on npplicacation, 2s Gd 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 appoint. JSo notice of instalments given to saareholdersi , ■,fi DIRECTORS: Edward Barber, Esq., settler, Petone Charles ft Beatson, Esq., architect, Civil Service', Hutfc; . " ; George Garter, Esq., builder, Petone > -; James Hector, Esq., M.D., C.M.G., Petone. J. R. 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 : ■■Mr G. Bell Williamson. ; SOLICITORS: • Brokers r Messrs Williamson, & Co. EXTBACTB FROM MEMORANDUM OF AS- -■•• ■ SQOIATION. . ; T&s objects for which the Company is established ar^i-f- •- . .' • (a). The .'if loans on.-thQ. mortgage of Ke'ehold afid^ leasehold property 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 of the Company as maybe made affecting the same. (b). The granting of loans on the security of sheep, wool, cattle, flnx, 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 f or ad- • vances or loans. (C). The purchasing, selling, exchanging, holding, leasing, and disposing ot freehold aud 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 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-ln-terest 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 commenting from the payment of the first of such instalments, any sum of money as may be agreed . upon. (t), 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 lor 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. Tho general principle aimed at is, . that the interests of all concerned shall be purely reciprocal ; the main features J being,— - 1. To provide capital whereby residents and others will be enabled to acquire property, freehold or leasehold, m town or country, by meang of easy periodical repayments which .leave a reasonable margin of profit to the Company, while being amply protected m poiut of security. 2. To enable persons possessed of Umd 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 ex-; ists at the present time. . "■ 6. It is consequently believed that the residents, and tho public generally, will warmly welcome end 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 » 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 are required,? as m the case ot most other financial Companiea 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 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 tlio 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 Zoalaud. Apolication for Shares will be received meantime by the Brokers of the Company. ■■.'. • ,:••;■■' \- ■''" <: ' WILLIAMSON -& .CO., . : "Star Ch ambers, " 41, Lambton-quay, Wellington. riiAU P O QU,A V, W ANOt A N UI. 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 & Siin^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 PolUrd & 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 & Siraes. If you wish to Exchange Goods, send tliem through Pollard & Simes, Exchange and Mart. If you want good Servants, yon should call on. Pollard & Simes. , - If Servants and others require good . ...situations, they should call on Ppllard & Simes. If you! want to buy or sell a business of '*" any description, or have your furni* ture 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 Pojlard & 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. II you want your rents or debts collected, call on Pollard & Siraes. ' If you want cheap advts. m any part of New Zealand call on Pollard & Simee, In short, if you want any Commission Business tr|]nwj,cted r pi ace yourfelf i^>\Oßamunic«tion 'with' 1 _ ''_ J

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18860615.2.32.5

Bibliographic details

Manawatu Standard, Volume XII, Issue 1734, 15 June 1886, Page 4

Word Count
1,255

Page 4 Advertisements Column 5 Manawatu Standard, Volume XII, Issue 1734, 15 June 1886, Page 4

Page 4 Advertisements Column 5 Manawatu Standard, Volume XII, Issue 1734, 15 June 1886, Page 4

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