THE PETONE AND HUTT BUILDING AND IN- , VESTMENT COMPANY (LIMITED.) BIGISTSRKD 12th MAT, 1886, under." The Joint Stock Companies Act, 1883." I .Li ng the liability of the shareholders to the value of their shares.) ' CAPITAL ......' *60.060 ' IK 5000 SHARES OF;£10 EACH : Payable as follows:— 2s 6d per share on applicant cation, 2s 6d on allotment, and 3s 6d per 'share ■ thereafter, payable monthly, for 38 successive ■" * mpnjtbs (it required), and pn the first Moud.vy of every month, until £5 per share is paid ; tbt ' balance (if required) as the Directors' may" ap- . . . - point. No notice of instalments given to ihareholders, , : ■ • ' ) DiBKCTOKS: " Edward Barber, Esq., settler, Petone Charles F. Bcatson, Esq., architect! Civil Serrice, sutt. . ; . George Carter, Esq., builder, Petone James Hector, Esq., M.D., C.M.G., Petone. " J.K. Johnston, Esq., timber merchant, Petone W." J. Kirk, Esq., Civil Service, (Chairman Petone Town Board) Petone Thomas Mason, Esq., settler, Taita, Hiitt BANKKBB: ; • The Colonial Bank of New Zealan SbcrsTaky: Mr G. Bell Williamson. Solicitors: Brokers: ' ■ •. Messrs Williamson & Co. iHXTRACTS FROM MEMORANDUM 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 instalments or otherwise as may be agreed on with the Iborfower , 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 isheep, wool, cattle, flax, agricultural prodnce, and . other personal property generally ; but not the making of advances or loans on or by discounting bills of exohange 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. ... i ,-'■■' ' ,- • (c). -Sue purchasing,' selling, exenanging, holding, leasing,, and disposing of freehold and leasehold property'lu the said colony. (d); TheAborrbwlng and raising" of any sum or sums. of money for the purposes of the company,' from j 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, anil 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 commencing from tho payment of the first of suoh instalments, any sum of money as may be agreed upon. •■ . . ; i (t), The entering into, contracting ft>r, 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, &d, &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 being,— 1. To provide capital whereby residents and others will be enabled to acquire property, freehold or leasehold, m town or countiy, by means of easy peri* odioal 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, tfenerally, to encourage m every possible wayconsistent with sound security— members m the direction of thrift and inde pendence, by enabling them readily to acquire property, and particularly to obtain a comfortable freohold home. — i 5. It must be obvious to every resident, and te every observer of the ex- 1 traordioary, progress, of these localities, that this Company will "provide" for ajn absolute arid 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. ■ ..•'.' -r , 4 ', ' ' ; ■_■ 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 Companies m the Colony now 1 carrying on business. v ' I 8. The Directors will consider each application for shares on its merits, and will allot accordingly, brit they reserve the right to refuse any allotment absolutely if they shall think fit.; In such j caseß the deposit will be returned m full. - -.-.-. . . , Applications for shares, may be made to the Secretary at Wellington and Pa- ' tone,' either directly,, oi\ tbrpufito; -the ( Brokers ef the Company, or any Agents. Every application must be accompanied by the required.deposit, or by a receipi from any Branch of the Colonial Bank for the amount of suehcSeposit. ApplijNation forms rany be obtained from thfe Secretary and Brokers, their Agents, or at any, Branch of the Colonial Bank of New Zealand. "." :'" ""' '" \ k Application for Shares will bereceivec meantime by the Brokers of the Comj pany. " " . ' WILLIAMBON& CO., j Star Chambers, ■ 41, Lambton-quay, Wellington* | qpAU P p;^ U A V, W A N G A N Uli It 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 Pollard & Simes. ; If you wish to dispose of your house,' lands, &c, you should apply to I Pollard & Simes. . If you desire to lease, or let on lease, : Farms, you should apply toi ;. ,; & Simes. If you 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, yon 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 furni- • ture etc., valued, you should call on i 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: .'.- "' paft of the. world, forward through >Psllard & Simes. ; If you wish missing friends traoed, and "•■") p^ivwte er/quiries made, ' call on Pollard &Simes. . If you wish to inspect Next-of-Km-Register, call on Pollard & Simest If you want goods Dyed on shortest notice, call on Pollard and:Simes. • It 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 & Simes; In short,, if you want any Commission Bußiriejs transacted^ plic* yporm){ ip commnnication with
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Bibliographic details
Manawatu Standard, Volume XII, Issue 1740, 22 June 1886, Page 4
Word Count
1,266Page 4 Advertisements Column 5 Manawatu Standard, Volume XII, Issue 1740, 22 June 1886, Page 4
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