Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

TSE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY (LIMITED.) Registered 12th May, 1886, under " The Joint ; ' Stock Companies Act, 1883." JA ng the liability of the shareholders to th» . value of their shares.) CAPITAL ... ». - -• ... *50,000 . ■• ' Ik 5000 Shares op;£10 each Pkyablo as follows :— 2s 6d per share on applicar oation,-28 6d on allotment, and 2s 6d per share , 'thefeaiter, payable monthly, for 38 successive . * O.%ohthg (if required), and on <he first JWnday of every month, until £5 per share is paid ; the „ balance (if required) as the Directors may. appoint. No notice of instalmentsgiven to share- , holders. / •. ' Directors: Edward Barber, Esq., settler, Petone Charles F. Beatson, Esq., architect, CiyilSerrice, i Hutt. ■;•. ■. . : .:' .•■ .• ii •■:.■....• G*orge Carter, 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, TaiU, Hutt ; . _■;•' .'■ - BANKERS: . .; ., t ' ' .The Colonial Bank of New Zealan : Secretary : Mr G. Bell Williamson. . ' : ' . . .: - .SOLICITORS: . . ■ • , Brokers: ; Messrs'.Wiliiamson &' Co. BXTBACTS FROM MEMORANDUM OF'.ASi'SOCIATION. '.* 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 qt New Zealand, repayable on such terms by instalments or' otherwise asmay 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, Has, agricultural produce, and -of her personal property generally ; out - not .- the . ' making of advances or loans on or by discounting bills of exchange or promissory notes, nor the grant- ' lug advances or loans upon any Security not herein' generally subscribed as a proper subject for ad- ■ vances or loans. ■ >' " . . . (c). The purchasing, selling, exchanging, holding, leasing, and disposing oi lreehold .and leasehold property iv the said colony. ■ - „"': ■ . '? . (A). 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 giring of a mortgage over any property of the. compaiiy, or by transfer by way, of mortgage of anjr securities to the company, and the paying of in-, terest on such monies ioborrowed 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 majy.be. agreed.., on with the person of persons' so investa^i-'ma'tne Qontracting to pay, aftwttapaying to such person-; or persons ftt the expiration of any fixed- pfsnpd, commencing from the payment of the first of sucli" . iiistalmeats, any sum of money as may be agreed-; upon. '■ ■■■ (i). The entering into, contracting for, carrying out, [and doing all such other acts, 'matters and . things as may qe.iucideui^ito, or- conducive; --textile]; i attainment of all or* any of the above objeeis,' or all ' or any-bbjects of a like or similer natnrej^o.j'&tr, '^This Company will combine the adranilages derived from the experience of tnariy.<other similar and ; successful 'An-} stitut'ierfs now working m tlie colony. ;i) The general principle aimed at is, th a^ the interests of all concerned sh all purely reciprocal ; the main features •'j^ing,-^-' '■■''. '■- l.j To. provide capital whereby/ residents and others will be enabled to acquire property, freehold or JeAßehold, m. town or countiy, by means of easy periodical repayments which .leay&arreasdniv able margin of profit to the Company, while being amply protected m point of BfecuHty. , _....„.' , f . , r . „.-■!,., , 2.i To enable persons possessed^ of land to erect buildings thereon, either . by. progreHß-payments or m a lump sum, repayable by instalments, or at ,the. c . piration of *a vt fixed peridd of 'years';* ' 3. To receive deposits, and to afford a safe and profitable investment both for capitalists and during: accumulation; of,Braalfer savings by others. : 4. i To grant loans to merabern on the value of their shares ; and, crenerally, to encourage m every possible way— conslstpnt -with v spuud^ seenrit yr-mem- > « bers inHbe direction (if thrift and ind«i-> pendence, by enabHqg them readily to acquire property, and;pVTticu|arjpto obtain a corotortable 'freehold home. ..,5. It must, be obvious to every resi-, aent, 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^i.ltiß coii«equently 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 obtaitiing admission ai 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 .on such 'are required, as m the case ot most other financial Companien m the Colony now carrying on business. . 8. [The -Directors will oonsider each 1 application for shares on its merits, and will allot accordingly, but they reserve the right to refuse any allbtmsnt abso? Intely if tbev shall think fit. In auchi oases the deposit will be returned m full. = ,;. _ _ _ , Applications for shares, may be made to the; Secretary at Wellington and ,Pc;. tone;' either direJßtl^^jor |t;hroufi'h the Brb^s^of the C<^p«nyv,o'r any Agents. [■B^fey application m.i|Bt be lccornp"'Hf(ie4, by thb required depoailiirbr by aCreceipt' from any Branch ofjjthe Colonial* Bank for the amount of such deposit. Application 1 forms may beiobtained f rrim the. Secretary and Broken^ their Agents, "or at any Branch of |th 6 ColoniaT Bank of *New M*nd. .. t •-" v -Aprilieation fbr Shares will be received meantime by the Brokers of the (ComWILtIAMSON & CO., ;,, .-. ■' =- ; .Vv- . : > Star Chambers, ''.t 41, Lambton-quay, Wellington. : . ' ■' . v,/i-1!i.,1.Ci. [' : i ,';';-*^> ;■'■•';■•.■:■'■ -i ■-„» V" 7^'' TAUPO QU, A V, AKGAN S RI. It you desireito pnrohase^a Hpußei yon ' , :; sVuld.arlpl^ fa Pbllarcli&WmesVV^ If you idesire to purchase a Farm, you should apply to Poliard & Simss If you jdesire to purchase a few acres of ' land, you should apply to Pollard & r Simes. If yon desire to purchase, by sale or otherwise, you, should apply. . to Pollard .4 Si raes. If you wish to dispose of your house,, lands, Ac, you should apply to '-;■ JPqllard & Simes. If you desire to lease, or let on lease, Fairms, you should apply to Pollard & Siraes. If you have anything to sell or dispose of,; consult Pollard 4 Simet. If you wish to Exchange Goods, send them through Pollard A Simes, Exchange and Mart. If you {want good Servants, you should call on Pollard & Simes. '' \. If Seryants and others require good situations, they should call on Pollard A Simes. • If you want to bay or sell, a business of ■■ - * any description, or have your furniture etc., valued, you should call on Pollard & Sirnes. If you wish to send Parcels to any part ■•' of »New Zetland, at Cheap Ratrs, forward- them through Pollard & •'.■=■ i ..'-%.-• • ■ • . ' ' If you. wish to forwsrd parcels to any j pitrt pf the world, forward through V •Pollard^ Simes. . . ? : ,,: If you wish missing friendß traced, and / private enquiries made, oall on ! Konard^Bimes. If yom wish to inspect Next.of-Kin* : Register; call on Pbllai'd 4 Siraet. If you jwant goods Dyed on shorteot noUce, oall on Pollard and Siroes. It you want your rents or, debts oolfootod, call on Pollard * Simes. ? If you W»nt Qheap adyta, m any part of New Zeal*** o4l,^|^|fj|. ( .|| ( , , Irtnsi, In Uwf i. \lm w»»t wjr • OQmmJiiiw

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18860623.2.44.5

Bibliographic details

Manawatu Standard, Volume XII, Issue 1741, 23 June 1886, Page 4

Word Count
1,241

Page 4 Advertisements Column 5 Manawatu Standard, Volume XII, Issue 1741, 23 June 1886, Page 4

Page 4 Advertisements Column 5 Manawatu Standard, Volume XII, Issue 1741, 23 June 1886, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert