PROSPECTUS OF THE COLONIAL BANK or NEW ZEALAND. CAPITAL £2,000,000 In 400,000 shares of £5 each. To be offered to the public by a first issue of : one-half, viz., 200,000 shares. To be called up as follows : — Five shillings on application; 10s on allotment; 5s two months after allotment; 5s four months after allotment; 5s six months after allotment; which will amount to £300,000 paid up Capital at end of six months. No further call will be made for 12 months after the Bank is first opened in Dunedin, and future calls will not exceed ss. per share, to be made if required, at intervals of not less than three months thereafter. Provisional Committee : , The Hon. Matthew Holmes 1 W. A. Tolmie, M;H.R. i R. Oliver, M.P.C, Oliver and Ulph 1 Dr Webster, M.P.C, Runholder J. M. Ritchie, Russell, Ritchie, and Co Charles Nichols, Dalgety, Nichols, and Co James Rattary, Dalgety, Nichols, and Co J. L Butterworth, Butterworth Bros Robert Wilson, R. Wilson and Co Keith Ramsay, Jetty-street George M. Bell, Runholder, Southland John Cormack, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall and Copeland Jameß Copeland, Cumberland-street ' W. J. M. Larnach, Guthrieand Larnach Daniel Campbell, Great King-street H. S. Fish, jun., Princes street W. M. Hodgins, of Howarth and Hodgins R. H. Leary, High-street J. H. Harris, Solicitor Wm. Fr.iser, of Strode and Fraser, Runholders - J. Logan, Runholder Walter Miller, Runholder J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, sen C. R. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. F. Main, Barrister at Law. W. J. Burton, Burton Bros. : J*. R. Jones, Harbor Steam Company Charles. Zeile, Rattray-strcet James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street Donald Reid, M.H.K. C. B. Howden, Distiller, Cumberland-street Charles Reid, Princes-street R. Glendenfap, Ross and Glendening Dr. Edward Hume John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stephenson and Co. G. F. Reid, Stafford-street P. Paterson, Paterson and M'Leod R. M. Robertson, Distiller, Rattray-street . James Shand, M.P.C. Win. Barron, Ban on, Grant, and Co. Wm. Park, Park and Curie George Elliot Barton, Barrister-at-Law W. D. Murison, Editor Daily Times Charles Be V. Teschmaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar Hugh M'Neil, Briscoe and Co. • John Bathgate, R.M. E. B. Cargill; Cargill and M'Lean H. J. Walter, Manse-street James Black, Black arid Thomson Marcus Humej Dunedin James Allen, M.P.C, East Taieri William Snow, Outran), West Taieri A. J. Smyth, Contractor Thomas Birch. Merchant Ed: Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Inder, Naseby M. J. Malaghan, Queenstown Job Wain, Manse-street . James Fulton, R.M. John Scanian, Scanlnn Brom., Princes--1 street , William Kennedy, Rattray-etreet The Hon. John M'Lean.Redcastle, Oamaru Gilbert Mathieson, Matbieson Brothers, Dunedin Edmund Smith, Dunedin Savings' Bank George Proudfoot, Railway Contractor C. W. Flexmari, Wool Merchant ' John M'Gregor, C.E. W. H. Cutten, late Commissioner of Crown Lands John Reid, of Corner Bush, Merton < Henry Orbell, Runholder, The River, WaikouaM T. A. Clowts, of Ashcroft, Spence, and Co., Oamaru With power to add to their number. Bankers : The Union Bank of Australia. The Bank of Australasia: Ist. The great want of a thoroughly Colonial Banking Institution for the whole Colpny of New Zealand having long been felt, it has been determined by the. Provisional: . Committee to supply the same by placing before the public the present-carefully coneidered scheme, with the full confidence that it will meet with very general support. 2nd. Asa first step it is proposed to offer to the people, of this Colony one-half of the nominal capital, or 200,000 shares, in fafr proportions to each of the Provinces throughout Few Zealand, on the basis of the respective populations of each' Province, re- ■ serving the other half to be disposed of hereafter, as the rapid progress of the colony may demand and shareholders may decide ; but in no instance will any of the remaining shares be offered for sale out of the Colony without having been first offered to the Colonial holders, nor will any but a New Zealand Register *c kept. 3rd. It is intended that the head Office of the Bank shall be in Duoedin, and that a General Manager of high professional standing ehall be appointed to guide the operations of the Bank; and also that a Board of qualified Directors shall be elected from among the committee to advise with the General Manager, and generally watch the interest* of the whole Institution. 4th. As soon as a sufficient number of shares have been applied for to warrant the commencement of business, the Head Office will be opened in Du«edi», ia suitable premises already secured under offer and thereafter Branches will gradually be opened in the chief Centres of Settlement throughout the Colony. sth. It will be the chief aim of the Prompters of this Bank to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artiznn, and Laboring classes 'will each have fair treatment and support from the Colonial Bank. To the Mining Interest special attention will be given with a desire to acquire for the Miners the Mint value of their gold, whether in large or small quantities, and until such value can be ascertained a liberal advance will be made upon any gold deposited for the purpose of coinage. ■ ' ■ 6th. It is not intended ;by the promoters that this Bank shall purchase gold but merely
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Nelson Evening Mail, Volume IX, Issue 149, 24 June 1874, Page 4
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941Page 4 Advertisements Column 2 Nelson Evening Mail, Volume IX, Issue 149, 24 June 1874, Page 4
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