Page 4 Advertisements Column 2

Nelson Evening Mail, Volume IX, Issue 150, 25 June 1874, Page 4

PROSPECTUS OF THE COLONIAL BANK o_ 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 allot-, ment; 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 5s per share, to be made if required, at intervals of not less than three months thereafter. Provisional Committee : The Hon. Matthew Holmes W. A. Tolmie, M.H.R. R. Oliver, M.P.C, Oliver and Ulph Dr Webster, M.P.C, Runholder I J. M. Ritchie, Russell, Ritchie, and Co ' Charles Nichols, Dalgety, Nichols, nnd 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 Haggiit, Provincial Solicitor Alexander Burt, A. and T. Burt C S. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland-street W. J. M. Larnach, Guthrie and 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. Frjser, of Si rode and Fraaer, 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, Bxrrister at Law. W. J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray-Btreet James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, G'llies and Street Donald Reid, M.H.w. C B. Howden, Distiller, Cumberland-street Charles Reid, Princes-street R. Glendening, 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 Wm. Barron, Ban on, Grant, and Co. Wm. Park, Park and Curie George Elliot Barton, Barrister-at-Law W. D. Murison, Editor Daily Times Charles De V. Teschmaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Seoul lar 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 .and Thomson Marcus Huime, Dunedin Jamts Allen, M.P.C, East Taieri William Snow, Outrain, West Taieri A. J. Smyth, Contractor Thomas Birch. Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Inder,. Naseby M. J. Malaghan, Queen stown : Job Wain, Manse-street James Fulton, R.M. John Scanlbn, Scanlm Bro?., Princesstreet Williiim Kennedy, Rattray-street The Hon. John M'Lean, Redcasfcle, Oamaru Gilbert Mathieson, Mathieson Brothers, Dunedin Edmund Smith, Dunedin Savings' Bank , George PfoudjEoot, Railway Contractor C. W. Flexman, Wool Merchant John M'Gregor, CE. W. H. Cutten, late Commissioner of Crown " Lands John Reid, of Corner Bush, Merton Henry Orbell, Runholder, The River, „ Waikonaiti T. A. Clowes, 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 Colony of New Zealand having long been felt, it has been determined by the Provisional Committee to supply the same by placing belore the public the present-carefully considered 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 fair proportions to each of the Provinces throughout New Zealand, on tbe basis of the respective populations of each Province, reserving the other half to be disposed of heieatter, 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 ot the Colony without having been first offered to the. Colonial holders, nor will any but a New Zealand Register be 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 shall be appointed to guide tbe operations of the Bank; and also that a Board of qualified Directors shall be elected from among the ' ommittee to advise with the General Manager, and generally watch the interests 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 Dunedin, in suitable premises already secured under offer, and thereafter Branches will gradually be opened in the chief Centres ol Settlement throughout the Colony. sth. It will be the chief aim of the Promoters of thiß Bank to aid and conserve alike \ the interests of the whole community in this , Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artizm, 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 po 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