Page 4 Advertisements Column 5

Manawatu Standard, Volume XII, Issue 1738, 19 June 1886, Page 4

rEE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY (LIMITED.) | Begistkred 12th May, 1886, under " The Joint .' Stock Companies Act, 1882." .lien ng the liability of the shareholders to tlje Value ot their shares.) '• CAPITAL ... ... ... £60.000 In 5000 Sharks op;£10 Each Payable as follows:— 2s Cd per share onapplicacation, 2a Cd on allotment, and 2s 6d per share thereafter, payable monthly, f6r 38 successive months (if required), andon the' first Monday of every month, until £5 per share is paid ; toe balance (if required) as the Directors may. appoint. No notice of instalments given to share- , holders, . j Directors: Edward Barber, Esq., settler, Petone ' Charles F. Beatson, Esq., architect, Ciril Service, ; . Hutt, • ' • ' '■.. " . -.■••. George Carter, Esq., builderj 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, HuttV ''•'■• ' BANKERS: The Colonial Bank, of New Zealan . Secretary : •. : Mr G. Bell Williamson,;. SOLicrTORS: Brokers: Messrs Williamson & Co. EXTRACTS FROM JIEMOHANDUM OP AS- 1 SOOIATION. ' \ The objects for which the Company is established) are:—. .''■'. i (a). The granting of.lo&ns on the mortgage of. freehold and leasehold property m. the colony of) NeW Zealand, repayable on such terms by instal-i ments or otherwise asmay be agreed on with the borrower, and subject to such bye-law 3 aridf 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, an* other personal property generally ; Dut not the making of advances or.loanS on ori by discounting; bills oiexchahge or promissory notes, nor the grant ing advances or loans upon any security not herein generally subscribed as a proper subject for advances or loans. , '■'■■ ; ' : ■• .**f (c). Tlie purchasing, selling, exchanging, holding, leasing, and disposing of treehold and leasehold property iv the said colony. ;-• . ; (d). The borrowing and raising of any sum or sums of money for the purposes of the company, from anyperson, or persons, for any; period .or periods, and either by receiving the same on deposit, or by the issne of debentures, or by the' giv-. ing of a mortgage over any property of the: com-> pany, : 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 pr persons periodical instalments of money payable on certain fixed days, and of such nmount 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 rommencing from the payment of the first of such instalments, any sum of money as may be. agreed, upon, j . ;. : ;• /: • ■ .;■ ; ';■ ■ • ■ ■ :; ' ■ i* ' (i). The entering, into, contracting for, oarryhiu out, arid doing all such' other acts, matters arid ( thiugs 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, <Jtc, &c. ! This Company will combine' the advantages derived from the experience of many other similar and successful institutions now working m the colony. , ; TKe genieral 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 .peri-x; odical repayments which leave' a reason • able margin of profit to the Company, while being amply protected m point of security. ; '.',.' ;2. To enable persons possessed of laod to erect buildings thereon, either by progreaß-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 saf e and profitable investment /botlv for^capitalists and during accumulation of smaller savings by others. " " . ' i 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 tbe direction of thrift and independence, by enabling them readily to acquire property, and particularly to.obtain a comfortable freehold home. • . ■ . p. It must bp.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 9 vfinancial undertaking of this description, at the commencerr; ment of its operations, when neither any large sum representipg paid-up shares,] nor the usual heavy premium on such are required, as m the case of most j other financial Companies m the Colony now carrying an business. Si The Directors will consider application for shares on its merits, and will allot accordingly, but, they: reserve the right to refuse any allotment abso- ( lutely if they shall think fit. In such j case's the deposit will be returned in ' ■full. ■■-. ■■■ ■■■■:>. ■-■ :■:■■'■': < W: ' V \ : ■ ,:; .; Applications for shares, may be made to the Secretary at Wellington and Pc- ' either directly,' or through the Brokers of the Company, or any Agents, i Every. application must be accomp<inied ' by tbe required deposit, or by a receipt ;from any Branch of the Colonial Bank ?fo| tjie amount of such deposit. Application forms may be obtained from the Secretary and Broken, their Agents, or at any Branch of the Colonial Bank of. New (Zealand. %:■'',-, ..' y'\'l'-} : \ Application for Shares will be received meantime by the Brokers of the ! Company. 't&f'- ■ ■■■^■?''' '' '" ''.'■■ '■ ! "wiLLijptebN & go., Siiar Chambers," , 41, Lambtoniquay, Wellington. QUAY, WANGXNUI. jt you desire to purchase a Hoase^you a should apply to Pollard &, Simes If you; desire.to parchase a JTimn— you ■ '■■■' Bhoiild apply to Pollard & Siin^s If you. deßireto plurohase >'a*few acres qi ■"' , i Jabd, youyshoiild Ipply to Pollatrd% J Simes. If yon;deßire to purchase, by sale or otherwise, you should apply to ■-. Pollard & Simes. -M^ : :; -"■ jf you|wish to dispose^pf your houne, it lancis} &c M you shbjßld apply to ■ : Pollard & Simee. - |M you (to lease, p%^ on lease, / Farms, you should'; iapply to <i P%d & Siloes. . . ■ : If you h||e anything to sell Bripispose ..of, cf|Bult Pollard & Simes. If you, wimy to Exchange Goods, seqd ; them fthrough Pollard & Simes, Excfta&feaud Mart. : If you wanl^opd Servants, yon should call on Pol&rd& Simes. If Servants andr others require good " situations, they should call on Pollard & Sinies. If you want to bay or sell a business of any description, or have your furniture etc., valued, you should call on fi " Pollard & Simes. ' ' • If- you wish to send Parcels to any part of New Zealand at Cheap Rates, „ forward them tbraugh Pollard & ■ ' ;Simea.< •.. . ■ . '-' : ,. - .-. „ ■„•: [f you wish to forward parcels to any '/".' part of the world, forward through ; & Sinitey *- ]■ "'"T -?;,"": ft you wish missing friends traced, and , private enquiries made, call on Follard&gimeßV - ' [f you wish to inspeot Ncxt-of'Km-Begister, call on Pollard & Simes. [f you want goods Dyed on shortest notice, call on Pollai'd and Siraea. Ctyoa wanjb yogr rents or debts colleoted, ' call on Pollard & gimes. if you want cheap adytt. m any part of ■. . New Zealand call on PolUrd & Bimes, ,n short, if you want any Commiesioh , Business transacted, place yourielf ill. <VB»m«nioatjon with