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PROSPECTUS OF i THE COLONIAL BANK of NEW j A ZEALAND. i CAPITAL £2,000,000 j In 400,000 shares of £5 each. \ To, be offered to the public by a first issue of ;' ' one-half, viz., 200,000 shares. I To be called np as follows : — j Five shillings on application; 10s on allotment; 5s two months after allotment; 5s four months after allotment; 5s six montliß after allotment; which will amount to £300,000 paid up Capital at end of six months. j No further call will be made for 12 months ! after the Bank is first opened in Dunedin, j and future calls will not exceed 5s per sbare, ; to be made if required, at intervals of not less j 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 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, Southlands John Cormack, of Morrison and Cotfmgpy, Blue Spur s^ Captain J. T. Bov£ ,«_. B. C Haggitt, Provincial Solicitor Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall andCopeland James Copeland,^umberlan_stfreeT;\ W. J. M. Larnach, Guthrie ana Larnach Daniel Campbell, Great King-street H. S. Fish, jun., Princes street W. M.'Modgins, of Howarth and Hodgins R. H. Leary, High-street J. H. Harris, Solicitor Wm. Fr.ser, of S rode and Fraser/ Runholders //-, / J. Logan, Runholder if J 7 Walter Miller, RunholSeT 7 J. A. Connell, of Connell aim Moodie W. D. Stewart, Barristec^ M. Price, Dunedin 7 J. S. Webb, Webb and Fulton J. Brown, sen C. R. Chapman, Barrister The Hon. JamesrPaterson W. GellibrandyTtunholder /' D. F. Main, Barrister at Law; W. J. Burton, Burton Bros.' J. R. Jones) Harbor Steam/Company Charles Zeile, Rattray-street James Hazlett, Merchant', Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gllies and Street Donald Reid, M.H.w.y C. B. Howden, Distiller, Cumberland-street Charles Reid, Pri_*__s-street 11. Glenden_*-g, Ross and Glendening Dr. Edward Hume John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stephenson and Co. G. F. Reid, Stafford-street • R. Paterson, Paterson and M'Leod R. M. Robertson, Distiller, Rattray-street James Shand, M.P.C. Wm. Barron, Bar . on, Grant, and Co. . Wm. Park, Park and Curio George Elliot Barton, Barrister-at-Law --•flkJ). Murison, Editor Daily Times Charts De V. Teschmaket^p-y |holder, TaW, Oamaru •_. \ "••^ David Proudfoot, Railway Contractor Horace Bastings, M.P.C. \ W. North, North and Scoullar "' HugbfM'Neil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, Cargill and M'Lean H. J. Waltgx, Manse-street James Black, Black and Thomson Marcus Hume, Dunedin Jam . s Allen, M. P.C, East Ts^eri William Snow, O.utram, West 3Ja_%i A. J. Smyth, Contractor • *-t_| Thomas Birch. Merchant n, * Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow , X, Walter Inder, Naseby ' V M. J. Malaghan, Queen stown. \ Jpb Wain, Manse-street James Fulton, R.M. John Scanl.n,' Scanlin Brof.; Princes- \ street v\ iV Wiljiam Kennedyjßattrwwstfee. - » Thellon, John M'LeSnJßedcastle, Oamaru \ Gilbert Mathieson, Mathieson Brothers, j ■*, Dunedin Edmund Smith, Dunedin Savings' Bank George. Proudf oot, Railway CoSkractor C.W. Flexnaan, Wool Mlrchaitl . John M'jGregor, C.E.X. W..H. Cutten, late Commissioner, of Crown Lands \ 7 • < John Reid, of Cornerißusli, Merton \ i Henry Orbell, , Ru iholder, The _R_W, Waikouai'l \ • ' ..T. A. Clowts, of Ash roft, Spence, ano\Co., V, Oamaru \ With power to add to their number. ' ■ "••w '" — ■>*> A -^ Bankers: The Union Bank of Australia. The Bank of Australasia. lst. The great want of a thoroughly Colonial Banking In.stitn.ti >n 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 witl meet with very general support. 2nd. As a 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 New. Zealand,, on the basis of the respective populations of each Province, reserving the other half to be disposed of hetealter, 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 be kept. 3rd. It is intended that the head Office, of the Bank shall be in Dunedin, 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 • ommittee to advi.e with the General Manager, arid generally watch the interests of tho whole Institution. 4 th. As soon as a sufficient number of shares have been applied for to warrant the commencement of business, i}^ 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 of Settlement throughout the Colony. sth. It will be the chief aim of the Promoters of this Bank to aid and conserve alike the interests of -the whole community in this , Colony. The Mercantile, Trading, Pastoral, Agricultural, MtniDg, Artiz m, and Laboring classes will each have fair treatment and support from the Colon-ml Bank. To the Munng Interest special TjJ,tentio_f 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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https://paperspast.natlib.govt.nz/newspapers/NEM18740626.2.15.2

Bibliographic details

Nelson Evening Mail, Volume IX, Issue 151, 26 June 1874, Page 4

Word Count
961

Page 4 Advertisements Column 2 Nelson Evening Mail, Volume IX, Issue 151, 26 June 1874, Page 4

Page 4 Advertisements Column 2 Nelson Evening Mail, Volume IX, Issue 151, 26 June 1874, Page 4

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