Page 4 Advertisements Column 3

Nelson Evening Mail, Volume IX, Issue 149, 24 June 1874, Page 4

PROSPECTUS OF COLONIAL BANK— # continued. bo prepared to make advances upon it until realised, in the same manner that it will be ready to do upon wool, grain, or oth r produce. 7th. The ftmotmt of New Zealand Money in the hands of the three Banks from Australia trading in the Colony on the 31st December last, as shown by their several returns furnished to the Government, appear thus, withcut giving odd numbers :— Deposits. Circulation. Total."" Union Bank of Australia £870,000 £123,425 £993,425 Bank of New SouthlWales 560,000 104,849 664,849 Bank. of Australasia ... 193,000 38,962 231,962 Showing a total of ... JE1,P90,236 or nearly two millions of money belonging to Colonfrts entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes; or as it may I c convenient for the grod of commerce in Victoiia or New fcouth Wales; or for the bene ficial regulation of their exchange operations in those Colonies. Bth The Promoters, in placing the foregoing facts before the people of this Colony, desire to point out the very great disadvantages that Colonists are sure to labor under lcndirg— or rather giving —sueh a large sumi of money as Stated above to foreign Banks, to be lent back to the people here at very high rates of inte»eat, and on most arbitrary conditions. They there 1 ore hive no hesita; ion in suggesting the prudence? and wisdom of the Colonists keeping within their own domain the absolute. control of their own monies; as by so doing they will most effectually destroy the risk of future monetary disturbances, which they have had on more than one occasion to deplore in the past, brought about solely by some crisis that baa occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th It has been determined by the Promoters that the first issue of 200.000 Shares shall be conducted by Committees to be appointed severally in ihe chief City in each Province; and no Shares will be given or reserved to the Promoters; but each member of the Provisional Committee is willing to become a subscriber for the number of Shares standing opposite bis name.* 10th. It is proposed at the issue of Shares above reterred to, that 5s per share be paid on Application ; that 10s per share be paid on Allotment ; that a Call of 5s per share be mnde and payable two months after Allotment; that a Second Call of 5s per share be made and payable four months after Allotment ; and that a Third Call of ss. per share be made and payable six months after Allotment—making together 30s. paid-up per Share. No further Call to be made within tw.e'vp months of the Bank first commencing Dusiness in Dunedin ; after which, future Calls will not exceed ss. per Share, nor be m«de at shorter intervals than three months between each Call. 11th. The Act of Incorporation for this Bank will be so framed as to limit the liability of the Shareholders to twice the amount of their shares, the same as the other Banks. 12th. As a thoroughly Colonial Institution, the promoters have much pleasure in strongly recommending "The Colonial Bank of New Zealand" to the support of all Colonißts ; having the real welfare of New Zealand at heart. Suctfan 'Institution |iB much wanted at the present time, and as the development of the Colony proceeds, its usefulness will also increase, and be more and more appreciated, both as an investment for the savings of the people and as a useful Bank. Judging from the influence and sound- experience possessed by the promoting Menibers of Committee, it is certain that no similar Institution has ever yet been launched in the Southern hemisphere under better auspices. About 100,000 shares have been already applied for, and the greatest success has attended -the Deputation appointed to visit the Provinces, who have visited Canterbury and Wellington. 1571 General Notices. GRATEFUL— COMFORTING. E.PPS'S COCOA BREAKFAST. " By a thorough knowledge of the natural laws which govern tho operation of digestion and nutrition, and by a careful application of the fine properties of well-selected Cocoa, Mr, Efps hfiß provided our breakfast tables with a delicately-flavored beverage which may save us many doctors' bills."— Civil. Strvice Gazette. Makotaotunb of Cocoa. — " We will now give, an: account of the process adopted by Messrs. James Efps & Co., manufacturers of dietetic articles, at their works in the Eustonr'oad, Loudon" — See article iri Cassell's Heusehold Guide. Made simply with boiling water or milk. $old only in packets,, labelled thus — JAMBS EPPS & CO., HOMOEOPATHIC CHEMISTS, ; 48, Threadneedle street, and 170, Piccadilly. Wokks, Diana Place, Eubton Road, London. 1148 MAIL CONVEYANCE BETWEEN NELSON AND MOTUEKA HTTAYCOCK'S COMFORTA- • XI BLE CONVEYANCE Rune beween NELSON : and MOTUEKA and Intermediate Places. Leave Nelson for Motueka every Mowdat and Thubsdat Mobmiwo, at 9 o'clock. Leave Nelson for Riohmokd every Toesda's and Fbidav Aftebnooh, at 4 o'clock. Leave Motueka for Nelson every Tuesda> and Fbiday Morning, at 8 o'clock I-eave Richmond for Nelson every Mondat and Thdbsdat Morning, at 6.30 o'clock; and every Tuesday and Fbidat Ajtkbnoon at 1 o'clock. The conveyance will Start trom tne Coach and Horses in Nelson, and Humboldt's, at - Motueka,where Parcels will be Received and Pasiergers Booked Medical..J. W. T ATTON Medical, Sukqioai., and Mrchanical DENTIST, MAT BE CONSULTED AS USUAL. 2240 MEDICAL HALL.