Page 4 Advertisements Column 3

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

PROSPECTUS OF COLONIAL BANKcontinued. be prepared to make advances upon it until/ realised, in tbe same manner that it will hf ready to do upon wool, grain, or oth.r produce. / 7th. The fimount of New Zealand Monef in the bands of the three Banks from Austria tra) ing in the Colony on the 31st December last, as shown by tbeir several rtturns <ur nisbed to tbe Government, appear thus, without giving odd numbers :— -.^.^ _ . Deposits. Circulation. Total. ~^ ' Union Bank of Australia £870 000 £123,425 £993,425 Bank of New ; South.Wales 560.000 104,8.9 s £64,849 Bank of Aus- \ % tralaßia ... 193,000 38,962 231,962 Showing a total of ... £1,890,236 or nearly two millions of money belonging to Coicnbts entrusted to Boards of Directors in M Ibourne or Sydney to control or manipulate as it may please their t-istes ; or as it may be convenient for the god of commerce in Vieto iicr bev _*outh Wales; or for tho bene flcial regulation of tbeir exchange operations in those Colonies, Bth The Promoters, in placing the foregoing facte 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 tovforeign Banks, to be lent back to the people Here at very high rates of interest, and on most arbitrary enditions. They there'ore hive no hpsita-ion' in suggesting the prudence and wisdom of the Colonists keeping within their own domain _he absolute control of their own monies; as by\odbing they will most effectually destrry tmr rhk of luture monetiry disturbances, which they have had on more than one ccca.ion 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 has been determined by the Promoters that the fi'St issue $f 200.000 Shares shall be conducted by Committees to be appointed severally in ihe chief City in each Province; ahd no Shares wilt be given or reserved to the Promoters; but each member olthe Provisional Committee is willing to become a sub.criber for the number of Shares -standing opposite his name.* 10th. It is proposed at the issue of Shares above reierred to, that s_.j*dr shaTfce be psid on A pplic.-tion ; that 10s per shire be paid on Allotment ; that a Call of 5s per share be made and payable two, months after Allotment; that a Second 'C..11 -olkSs per share be made, and payable four months alter Allotment -and that a Third Calfbf ss. per uhare be made and Layable^six months after Allotment—making tbK«Bh_r»^os. paid-up per Shs.re. Np furthar Ca.l'__s be made within twelve montlißj^lhe Bank first commencing ousiiiess in D_n*|iin ; after which, future Calls will not exceed fis. per Share, nor be m-deat shorter intervals than three months between each Call. | * 11th The Act of Incorporation for thiß Bank will be so frami-fi as, tc>.*limit the liability of the Shareho'ders t9#wice the ainount of their shares, the BaA§>a_ the other Banks. 12th. As a thorqylfiy Colonial Institution, the promoters havemnch pleasure in stronily recommending^TiiE Colonial Bank of N_£jv Zealand" to the sujpport of all Colonist\ having the real welffre of New Zealand at; heart. Such an /Institution is much wanted at the present, time, and as the development, of the Colony proceeds, its usefulness wilXi also increase, and be more and more appreaf ated, both as an investment for the saviiKs of the people and as.a. useful Bank. Judging from, the influence and sound experielce possessed by the promoting Members of Ommittee, it is certain that no similar Institution has ever yet been launched in the Southernhemisphere under better auspices. About 100,000 shareß have been already applied for ; and . the greatest success has attended, the Deputationlappointed visit the Prbvincis, wito have -visited Canterbury and Wellington. 1571 General Notices. WAIMEA ROAD BOARD. ELECTORAL NOTICE. / THE ELFdrORS paying Rates for Lands and Tenements within the undermentioned Sub-__fi_?n__*a of tho, W A IMB A, are hereby Summoned 10 MEET on MONDAY, July 6, at Noon/at the places named opposite such Sub -Districts, respectively, to ELECT, in each su_h Sub-District, . F< .UR PERSONS qualified^ to vote at such Meeting, to supply the Vacancies in the Waimea Road j Board, cauied by Vhe retirement of Messrjf Rout, Baigent, ahd Win, whose te.nu*<.f office will then expire, but who are eligible for Re-election: — J STOKE —PußLfcj Hall. SPRING GROJVE.— Marks' Store. DOVEDALE.-t-Tns School-Room. In the event of aVPoll being demanded in any Sub-District, tliW Polling shall, in such Sub-District, commence immediately,' after the Nomination, and thill continue for Four hours, and no lena/r. As, in 4ccorda__fce with the provisions iof the " Nelson Highways Act," no person whose rate is unpaid, is entitled to take anp part in the Election, persons authorized. byMhe Board will be in attendance to receive. Rates on the day, and at the places of Election. T. J. THOMPSON, 1594—3 Secretary. MAIL CONVEYANCE BETWEEN 1 NELSON AND MOTUEKJA HTTAYCOCK'S COMFORIA- • JUL BLE CONVEYANCE Ri& beween NELSON and MOTUEKA and* Intermediate Places. Leave Nelson for Motueka every Monday and Thursday Morning, at 9 o'clock. Leave Nelson for Richmond every Tuesday and Friday Afternoon, at 4 o'clock. Leave Motueka for Nelson every Tuesday and Friday Mornino, at 8 o'clock J_eave Richmond for Nelson every Monday and Thursday Morning, at 6.30 o'clock; and every Tuesday and Friday Afternoon at 1 o'clock. , The conveyance will Start irotu the Coach aud Houses in Nelson, and Rumboi_dt's, at Motueka, where Parcels will be Received and Passengers Booked "^Medical, Surgical, and Mechanical DENTIST, MAY BE CONSULTEU AS USU/AL. 2240 MEDICAL HAIV.