Page 4 Advertisements Column 5

Manawatu Standard, Volume XII, Issue 1739, 21 June 1886, Page 4

TSE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY (LIMITED.) Registered 12th May, 188G, under " The Joint Stock Companies Act,- 1882." JA ng the liability of the shareholders to the value oi their shares.) CAPITAL £50,000 iidsooo shares of;£10 Each Payable as follows :— 2s Gd per share on npplicacation, 2s fid on ullotmeut, and 2s 6d per share therGafter, payable moiithly, 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 No notice of instalments given to shareholders. . -:"■■' "'.' .■ DIWECTORS: Edward Barber, Esq., settler, Petone Charles Fr Bentson, Esq., architect, Civil Service, Hutt. , George Carter^ Esq.vbuilder, Petoue . . James Hector, Esq., M.D., C.M.G., Petone. Ji R. Johnston, Esd-, timber merchant, Petone W. J. Kirk, Esq., Civil Service, (Chairman Petone ': Town Board) Petone .. . . : 1 . Thomas liason, Esq .', settler, Taita, Hutt '- BANKKRS: ! The Colonial Bank of NewZeslan : ■• * : '. • Secretary : "% ]to G/' Bell Williamson. • ■ •■■■...- ji<V"-- ■'■- SOlilOITORS': Brokers: . Messrs Williamson & Co. BXTBACT9 FROM MEMORANDUSI OP AS- ; ,i SOOIATION.' ' •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 Zealaud, repayable ou such terms by instalments or otherwise as may be agreed pu 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,lias, agricultural produce, and other personal property generally ;' but .not L the making pf.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 freehold and leasehold property m the Said eolonyV ■ " ■■;•;••»■• (d). The borrowing and raising of any sum or sums of money for the purposes of the company^ from aiiy person or persons, for any periocl 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 npy securities to the company, and the paying of in-, terest on such monies so borrpwed 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 dnys, 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 tlie expiration of any fixed period commencing from the payment of the first of such instalments, any sum of money as may -be agreed: upon. , . . . . ;■ it). 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 or any objects' of a like or similer nature,' &c, &c. I- ' . - ■/•■ ■■. / : ' This Company will combine the advantages derived from the experience of many other similar and successful institutions now working m the colony. / The general principle aimed at is, that the interests of all concerned shall be purely reciprocal ; the maiu features being,— 1. To provide capital whereby : residents and others will be enabled to acquire property; freohold or leasehold, m" towjn prActfujitiyi'by mean's ofveaSy^periodical repayments which leave a reasonable margin of profit to the Company, wh|le being amply protected m point of security. .; 02. To enable persons possessed of land to erect buildings thereon, either by .progress-payments' or m a lump sum, repayable by instalments, or at tlie 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, arid to 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 q financial undertaking of this description, at the commencement of its operations, when neither any large sum representicg paid-up shares, nor the usual heavy premium on such ; are required, as m the case ot most other financial Companies m the Colony how carrying on business. 8. The Directors will consider each 1 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 iv)).. "'-- ■■;■■ ;■■■■■■ ■. ' ■ . /, ;; .;■ Applications for shares, may be made to Jhe Secretary at Wellington and Pe'•tonej either directly, or through the Brokers ©f the' Company, or any Agents. Every application must be accompanied s,b^. the required deposit, or by a receipt ,? |frbm apy^Branch of the Bank '* *'fdr tli(Tamou^T6f'such^elp6slir'''''''A'pp'li* . . forms may be obtauied from the Secretary and Brokeijp; their Agents, or at any Branch q|tthe" Colonial Bank of ; New Zealand. ' M.^l ApDlieation for SJVarea l will be received meantime by the Bakers of the Company- ;. i i ".'■;'■% WILLIAMSON WGO. f^J. \ ,-,,_•. gtar^Chdmbers, 41, Lambt6h-(Juay, Wellington. '. ;qiAUPi>iu,AY,w4N&ANtJI- '- jt you desire to* purchßse'a House, fybn should, apply- to-Pdllard-dl Simes ■ If you desirettp purchase -j^'Kaniu you slioUiaJa^lyto^ollard^Siin^ '' If you desire to purchase a few acres of laud, you should applyjo Pollard & Simes^''' c " ■'"*■ '■->'■■'*'*«■ ■•*•"• If yon desire ,tp\ptirchai|ei, v . by^ sale, or ojtherw'ise^ -you T should' 1 -^ '\6 i y.ljollard & Simes. "If yop wish to dispose of your house, ' lands, &c M you should apply to P: o llard'& Simes: " r " If you desire to lease, or let on lease, Farms, ; you should apply to Pollard & Simes. If yoii have^any thing to sell or dispose :? of, consult PoJlard & Siraes. If you wish to Exchange Goods, send them through Pollard "& Simes,' Exchange and Mart. If yoii want good Servants, , yon should call on Pollard &. Simes. - If. Servants and 'others' -require good z i situations,- ■ they should call on Pollard & Simes. If you want to buy or sell a business of any> description, or have your furnih "itureetp., valpjed', you should call on *T;£SPpllawi & Simes. . ;■.■;;,-',: >..- Ifyouj wish to send Parcels to any part s , s ..of New Zealand at Cheap Rates, -f ' 3 f forward them through Pollard .& ,^'sihies:^":: 0 -"^ 1 ' \ "■ -••:■ IIf you w^ish to forward 'parcels to. any . part of the world, forward through i Pollard & Simes.. -• ' ; If you wish missing friends traced^ abd private enquiries made,- -call on Ppllard;& Simes. " , ; ■„ If yoia wish to Inspect Next-ofKjn-Kegieter, call on Pollard &Siineßi If you want gbods' J)yed oti shortest notice, call on Pollard and Simes. It you want your rents or debts colleoted, ' call on Pollard & Siraes. . If , you want cheap advts. m any part of New Zealand call on Pollard & L Simes. ; In ebort, if yog want »oy Commission Buainess transacted, place yourself Wfwpjwumcttidn with fPOfcLARDASIMBS, ~ 'v Taaxio Quay*