Page 4 Advertisements Column 5

Manawatu Standard, Volume XII, Issue 1746, 29 June 1886, Page 4

THE PETONE AND HUTT BUILDING AND INVESTMENT COMPANY (LIMITED.) RegisTEBED 12th May, 1886, under " The Joint Stock Companies Act, 1882." kLi .i ng the liability of the 'shareholders to the value of their shares.) CAPITAL ... £60.000 In 5000 Shares op;£10 Each Payable as follows :— 2s 6d per share on applioacation, 2s 6d 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. No notice of instalments given to shareholders, '. -, ..■• •._ . ■ \ Directors: EdWard Barber, Esq., settler, Petone .■ ■ 1 Charles F. Beatson, Esq.. architect, Civil Service^ Hutt. . « • ■ - George Carter, Esq., builder, Petone ■ James Hector, Esq., M.D., C.M.G., Petone., , r , J;KI Johnston, Esq., timber merchant, Petone W. J. Kirjc, Esq., Civil Service, (Chairman Petone {Town Board) Petone . Thomas Mason, Esq., settler, Taita, Hutt '\7 "i „ ■ :BANKERS: -.•;.; ; . ; The Colonial Bank of New Zealan ■ t s . i, -Secretary: ? ; Mr G. Bell Williamson ; solicitors: j ; " ! ■■ .'■" ■'''''■ ' BROKERS: • - ; ■■'.•.■."• - ■ i Messrs Williamson & Co. EXTRACTS FROM MEMORANDUM OP ASSOCIATION. „• . The objects for which the Company is established ; are:— """ ." 1 (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 • borrower, aud subject to such bye-laws and, other , regulations of the.Company as may be made wkct-f ingthesa'mc. '■■"-•■•■ >■■■■■ (b). The granting of loans on the security of sheep, wool, cattle, flrix, agricultural . produce, and other personal property generally; nut not the making of advances or loans on or by discounting bills of exchange or promissory notes, nor the granW ing advances or loans upon any security not herein generally subscribed as a proper subject for advances or loans, v :.■•:•■ . ■-, - : (c). The purchasing, selling, exchanging, holding, leasing, and disposing of freehold and leasehold ; • property iu'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 ft niortgageovef any property of the company, or by transfer by way of mortgage of; any securities to the company, and the paying of interest 1 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 auch amount as. may be agreed oh 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 the payment of the first of such instalments, any sum' of money as may be agreed upon, i ■ . - ■ (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 . or any Objects' of a like or similer native, dec., flic. '< This Company will combine the advantages; derived from the experience of many| other dimilar; and successful institutions now working m the colony. >, /T^he general principle aimed at is,/ ; that the interests of all concerned shall, be purely reciprocal ; the main features being;— '. ..:*.-.*.- u^ 1. >To provide capital whereby resis derjtß ]and others will be enabled to acquire property, freehold or leasehold, m town or country, by means of easy periodical! 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 land to erect buildings thereon, either by progress-payments or m a lump sum, repayable by instalments, or at the expi ration 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 souud security--meni-bers m the direction of thrift and independence, by enabling them readily to acquire property, and particularly to obtain a comfortable freehold home. - -- . It mustj>4o&yipuß tq,ev,ery resident, and te evefy r 6bSei'ver M s tlre* ear? ' traordinary progress of- these localities, that this Company'' v^ilP provid^for 4n absolute and urgent necessity which ex* vists at (the .present time. , • , 6. It is^contiequently believed that the residents, and the public generally, :w|lH warmly -welcome' and 'support the 1 s advent!of such an institution, the first m the district. .:: - -!.■•. 7. Also, that they will appreciate the privilege iof i obtaining ' admission • as shareholders to a financial' andectakine 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 ''o,ther) financial Companies m the Colony now car rying'on business. : : h 8. The Directors ; will cotisidej each ' applicatlop.for-shares on its merits, andy twill iiUpt accordingly, but they reserve the right to r^fbße^riy s'allotinent? absd-i lolely if they shall think, fit.. s ,|n saoh fcaßes the deposit will be returned m m\. | " ■.;„;■ >/.-M- ' . ■■' ;.,.'-:7 w Applications for shares, may be made to the Secretary at Wellington and Petone, either directly, .or throueh the brokers ef the Company, or any Agents. Every application must be accompanied by the reg aired deposit, or by a receipt from any Branch of the Colonial Bank for the amount of such deposit. AppliI cation forms may be obtained from the * Secretary "and Brokers, their Agents, or .atany Branch of the Colonial Bank of { New Zealand. : ■<■' i ApDlteation, for Shares will be received^ meantime by the Broters of the Company. '•' .;■;■■ ■;.■;'.' ■ ;,'..'/; r -I WILLIAMSON & C<V : '.- ■■ Star Chambers, i . 41, Lambton-quay, Wellington* 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 &,Siraes ■„. ., If you desire top arch ase a f e w . acres ,of land, you should apply to Pollard & . Sim' e s. If .^bn.' desire to ,purchaßo,-by sale or otherwise, you should apply to Pollard ;&. Simes. . If you wish to dispose of your hoase, . lands, &c, you should apply to :■■■■■: Pollard & Simes. , „ If you desire to lease, or let on lease, Farrafli you" should apply to Pollard & Simes. , . If you have anything to sell or dispose of, consult Pollard & Siraes. If you wish to Exchange Goods, send : them ' througK Pollard & Simes, .Exobange and TMarfc If you want good SerVants, you should call on Pollard & Simes. r ■ If Servants and others require good situations, they .Should call oa :• pollard & Simes A ; f ; ,> : i If you want to ; buy or sell a business of any description, or have your furniture etc,, yaluej, you should call on <:t 1 PollarS « Simes. < pfftii?4nh to BeoTd'Parcels'td any 'part of New Zealand at Cheap Rates, §" rWard? them .through Pollard & rneßiJ. :.;,.-, ....'■•. .;>.,.. ... -. -.; w wisM forward piroals to any, • Upart-oif the world,' forward throoffh' ;PollftW&Blraei; If you wish tniieiDg friends traoed, and private enquiries made, call oi Pollard* Simoß.; ; : . II you wleh to Inipect N«t.of-Km. Regloter, oaU on J^qllard ft; Slmwi U you want ffoqds. Dyed won shorten ; dotioe, ottil on Pollard and Simes, It you want your ribta or dnbti collected, call cm Pollard ft Bimefl. If you want chetp idv^, m any pirt of Jew Znhui oaU on PolUrd ft l» tyfli M M L f ittl m # QommtMtcm