Page 4 Advertisements Column 3

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

PROSPEC-US OF COLONIAL BANKcantinved, be prepared to make advances npon it until realised, iv the same manner that it will be ready to do upon wool, grain, or oth r produce. 7th. The Riuonnt of New Zealand Money in the hands of the three Banks from Australia trading in the Colony on the 31st December last, ps shown by their several returns furnished to the Government, appear thus, withcut giving odd Dumbers :— Deposits. Circulation. Total." Union Bank of Australia £870 000 £123,425 £993,425 Bank of New SouthJWales 560,000 104,849 664,849 Bank of Australasia ... 193,000 38,962 231,962 Showing a total of ... £1,P90,236 or nearly two millions of money belonging to Colcniets entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes, or as it may be convenient for the gcod of commerce in Victoiia cr ew South Wales; or for the bene ficial regulation of tbeir exchange operations iv 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 lendi- g— or rather giving— such a large sum of money as stated above to foreign Banks, to be lent back to the people here at very high rates of interest, and on most arbitrary conditions. They thereore 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 rUk of luture monetary disturbances, which they have had on more than one cccatdon to deplore in tbe past, brought about solely by some crisis that has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th It haß been determined by the Promoters that the fi r st issue of 200.000 Shareß shall be conducted by Committees to be sp- j pointed severally in ihe chief (Ity in each Province; and no Shares will be given or j reserved to the Promoter.; 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 l above reterred to, that 5s per share be paid on Applicition; that 10s per share be paid on Allotment ; that a Call of 5s per share be made and payable two months after Allotment; that a Second Call of 5s per share be made and payable four months atter Allotment ; and that a Third Call of ss, per t.hare be made and payable six months after Allotment—making together 30b. paid-up per Share. No lurth.r Call to be made within twe've months of the Bank first commencing nusinesa in Dunedin ; after which, future Calls will not exceed ss. per Share, nor be rode at shorter intervals than three months between each Call. llth. 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 Colonists having the real welfare of New Zealand at heart. Such" an 'Institution .is much wanted at the present time, and as the development ot* 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 Members 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. WAIMEA ROAD BOARD. ELECTORAL NOTICE. THE ELFCTORS paying Rates for Lands and Tenements within the undermentioned Sub-Districts of the WAIMEA, are hereby Summoned to MEET on MONDAY, July 6, at Noon, at the places name! opposite Buch Sub-Districts, respectively, to ELECT, in each such Sub-District, FoUR PERSONS qualified to vote at such Meeting, to supply the Vacancies in the Waimea Boad Board, caused by the retirement of Messrs. Rout, Baigent, and Win, whose term of office will then expire, but who are eligible for Re-election: — STOKE —Public Hall. SPRING GROVE—Marks' Store. ■ DOVEDALE.-.THB School-Room. In the event of a Poll being demanded in any Sub-District, the Polling shall, in such Sub-District, commence immediately; alter the Nomination, and shall continue for Four hours, and no longer. As, in accordance with the provisions .of the '• Nelson Highways Act," no person whoße fate is unpaid, is entitled to take any part in the Election, persons authorized, by the Board will be in attendance to receive Rates on the day, and at the places of Election. T. J. THOMPSON, 1594—8 Secretary. MALL CONVEYANCE between NELSON AND MOTUEKA HTTAYCOCK'S COMFORTA- • JO. BLE CONVEYANCE Runs ! .beween . NELSON and MOTUEKA and Intermediate Places. Leave Nelbon for Motueka every Monday and Thursday Morning, at 9 J o'clock. j Leave Nelbon for Riohmond every Tues- ! dav and Friday Afternoon, at 4 o'clock. Leave Motueka for Nexson every Tuesday and Friday Morning, at 8 o'clock ._eave Richmond for Nelson every Monday and Thursday Morning, at 6.30 o'clock; and every Tuesday and Friday -Uttebjsoon at 1 o'clock. The Uonveyance will Start irom tne Coaoh and Horses in. Nelson, and Rumboldt's, at Motueka, where Parcels will be Received and Passengers Booked DAILY COACH FROM NELSON TO FOXHILL. THE undersigned respectfully informs the inhabitants of Nelßon and the Waimeas that he runs a COACH DAILY between Foxhill and Neleon; leaving Foxhill at halfyast 7 o'clock a.m., and Nelson at S p.m. Booking Offices at the Waßatu and ComTCercml tiotelH, Tra.alcrrtr-Rtroet. ' 7 FRANCIS HOLDER JUST RECEIVED^ fresh lot of HERBERT'S FAMILY GLUE POTS. R. LUCAS & SO