CHE PETONE AND HUTT] BUILDING AND INVEST MLE NT COMPANY (LIMITED.) Registered 12th May, 1886, tinder " Tie Joint 1 Stock Companies Act, 1882." I ,Li .i ng the liability of the shareholders ti^eA ■■ . value ot their shares.) .- capital ..': •;■ -gflMft^^^^^H In 5000 Shares oi^^^^^|^^^^H Payable .as follows:— 23 6d cation, 2s Gd on allotment, : >^^^^^^^^^^H thereafter, payable monthly/^^^^^^^^^H months (it required), and on tn^^^^^^HH of every month, until £5 pur sha^^^^^^^^B balance (if required) as the D'rcc^^^^^^H point. No notice of iast|^^its^^^^^^^^H : holders, Edward Barber, Esq., settler, ??t^^^^^^^^^H Charles F. Beutson, Esq., architc^^^^^^^^^H ', Hutt. George Carter, Esq., builder, Fetone James Hector, Esq., M.D., C.M.G., Petone. J. R. Johnston, Esq., timber merchant, Petol^^^H W. J. Kirk, Esq., Civil Service, (Chairman . Town Board) Petone Thomas Mason, Esq., settler, Taita, Hutt BANKERS: The Colonial Bank of New Zealan Secretary : I ; Mr G. Bell Williamson SOLICITOUS: Brokers: Messrs Williamson & Co. EXTRACTS FROM MEMORANDUM OF AB- -« 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 of New Zealand, repayable on 'such/terms by iustalia^nts or otherwise as may be agreed on with the borrower, and subject to such bye-laws and other regulations of the Company as maybe made nffect-ing-the same. (b).The granting of loans on the security of sheep? wool, cattle, flax; agricultural produce, and otttr personal property generally ; out not the making of advances .or loans on or by discounting bills of exchange of promissory notes, nor the grantingadvancesor 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 iv 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 doposit, or by the issne of debentures, or by the giving pf a mortgage over any ;property of the. company, 'ot 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, 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 jpersoh or persons fit 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), The entering into, contracting for, carryini; out, and doing all such other acts, matters and things as may be iucidental to, or conducive to the 1 attainment of all or any of the above objects, or all or any objects of a like or similer nature, &c, &c. This Company will combine the advantages derived from the experience of many other similar and successful inatUutions now working m, the cplony. , : The general principle aimed at is, that the interests of all concerned shall be 'plirely reciprocal ; the maiu features bein^j,^. ', ' ••■•' .. ' . '. ; : 1» •. /To prbyide capital whereby reai- , dents and others will be enabled to acquire property, freehold or leasehold, m town or countiy, by means of easy periodical repayments, which leave a reason : able margiii of profit to the 'Com^panViwhile beiug amply protected m point of .■■Becbrity.'" " ' ■ '.'':'.':■■'■ - y: .' 2.; To enable, persons possessed of laoß to erect buildings thereon j either by progress- payments or m a lump sujn, repayable by instalments, or at the expiration of a fixed period of years. ■/, 3. To receive deposits, and ta afford asife and profitable inveatinenli ib;bth for capitalists and during accumulation of smaller savings by- others; -;•...■ >4. To grant loans to members on the value of their shares ; and, generally, . ,tp eDpourage m every possible waY— - consistent with sound Security— member's m the direction of thrift; and inde- j ' pendebco, by enabling "them readily to acquire property, and particalarly to ob- . tain a comfortable freehold home. ;/'-6i' It njusibe obvious to-every reai'dent^ and te ©yer^obßttifver of tbe^pf-; traordinary 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, i: will warmly welcome and support the advent of such an institution, the first m the district. v >• .. 7. Also, that they will appreciate th(Bv privilege of obtaining admission aY shareholders to a financial undertaking of this description, at the commencement of its operations, when neither any large sum representing paid-up shares, nor ihe usual heavy premium on such . are required,' as m the. case ot most otljer financial' Coinpahies m the Colony now; carrying. on business.; - • 8.; The Directors will consider eaoh application for shares on its merits, and 'will allot accordingly,- but- they reserve the right to refuse any allotment absolutely 1 if they shall think fit^ In such fioases the deposit will be returned m •full/; ■ • ■■=':[■■ ■';;- ;• ■/; Applications for shares, may be made to the Secretary at Wellington and Petone, either directly, or through the Brokers of the Company, or any Agents. Every application must be accompaniedby the required deposit, or by a receipt from any Branch of the Colonial Bank for the amouut of such deposit. Application forms may be obtained from the Secretary and Brokers, their. Agents, or at any Branch of the Colonial Bank of New Zealand. . ApDlioation for Shares will be received meantime by the Brokers of the Company, ■ ■■•' '• ' ; ■.■■.'■■•- ■■ ■: ■ ■•• WILLIAMSON & CO., j Star Chambers, 41, Lambton-quay, Wellington. rTi AU PO QUAY, VAN G A N UI. jt you desire to purchase a House, yon should apply to Pollard & Simes If you desire to purchase a "Farm, you should apply to Pollard & Sim^s If you desire to purchase a few acres of land, you should apply to. Pollard & .■:;p - Sintes. '■'- '' : ' ; V' ' •-•;'•; ' '' '. ' '[""' ■'"' I* yon desire to purchase, by sale or otherwise, you should apply to • Pollard &Siraes. If you wish to dispose of your house, ■ lands, $c, you should apply to pollard & Simes. If you desire to lease, or let on lease, Farms, you . should apply to Pollard & Simes. „ If you have anything to sell or dispose of, consult Pollard & Simes. Ifyouwish to Exchange Goods, send them through Pollard & Simes, Exchange and Mart. If you want good Servants, yon should call on Pollard & Siraee. If Servants and others require good situations, they should call on PoUard & Bim.es, If yon want to buy or sell a business of any descriptipn, or have your furniture etc, valued, you shpulddiU on .»:. Pollard & Slraes. T If you wiehito apnd Parcels to »ny part of New Zealand at Cheap Hfttes, forwurd them through Pollard 4 ./. Blmei," |t?you with to forwiird p»rp»l« to auy ( part qf iho world, forward throußh If you wish wiwing frtenda traced, md prirste onquiriei tuadc, q»H on « you \vh\i t» itiwisw tla^iiiUf, mH-'oi} raurd * Sliupb * -jit you mw Koodtt pnA t.» jhmm tiotlce, call on Pollard stiti Siiucß, ; U^uti mhi vuii!^ ft-Htn t>p dfebtu to)l«««di t • M\lm Ht»!lnrd * Sltnsß, H
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Bibliographic details
Manawatu Standard, Volume XII, Issue 1747, 30 June 1886, Page 4
Word Count
1,196Page 4 Advertisements Column 5 Manawatu Standard, Volume XII, Issue 1747, 30 June 1886, Page 4
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