Page 4 Advertisements Column 3

Nelson Evening Mail, Volume XIII, Issue 215, 19 October 1878, Page 4

PROSPECTUS OP ] nPHE NEW ZEALAND LAND AND' X LOAN COMPANY [Limited]. ; (To be incorporated under " The Joint Stock! Companies' Act, I860.") ; Capital, £1,000,000, ia 200,000 Shares of £b each, with power to increase.. \ 100,000 Shares are proposed to be placed in' New Zealand, and 100,000 to be reserved' for Subscription ia the United Kingdom, Proposed Calls :— 2a 6d per Share on Application ; 2b 6d per Share on Allotment ; 2a 6<i per Share two months after Allotment ; and 2s 6d per Share i four months after allotment ; Six months notice to be giren ; of any farther Calls. ' Provisional Dirtctors : — j The Hon. Wm. Hontkr RBTNoi.Dg s of Duned'.D, M.L.C. of New Zealand. The Hon. John Martin, of WelliogtonJ M.L.C. of New Zealand. ■ Tho Hon. Johk Ballasice, Colonial Treasurer of New Zealand. The Hon, Robert Stodt, Attorney-General of New Zealand. James Allbn, tfaq., of Dnnedin. I C. Julius Toxwabd. Esq., Surreyor, Wellington ; Thomas Whttb Young, Esq., Merchant, Wellington. ; Robert Grebnfield, Esq., Merchant, Wellington. Bankers : > The Bank op Australasia. Solicitors : : Messrs Sievwright and Stout, Wellington Surveyor and Valuator : C. Julids Toxward, Esq., Wellington. Interim Secretary : William Sibvwr?oht, Esq., Solicitor, Wellington. Temporary Offices ; Ilotd's Rooms, liRANDON-STassT, Wellington. This Company is formed for two objects ;— Ist and chiefly. For lending monef at current rates of interet upon thesecutity of landed property situate 1 * within the Colony of New Zealand ; and 2nd. For acquiring, when deemed advisable, landed property situated in or near to cities or towns, or centres of population, in the Colony of New Zealand, and thereafter selling it again in whole or in lots as may suit purchasers. With a fast increasing population both in town aud country, a very fine climate, aod land of great fertility, opened up by the construction of roads ani railways, there is an almost inexhaustible field for the profitable investment of money in the manner proposed by this Company, and it is one very little occupied. jThis Company intends to occupy that field, ard to offer to the public— particularly to farmer-settlers and the working population generally— facilities for acquiring property or for erecting houses, or effecting other substantial improvements thereon on reasonably moderate terms. And the Company can do so profitably to the Shareholders, while at the same time help is given to psople who are wilting to pay adequately for the advantages and accommodation offered. In no case will morey be lent otherwise than on the security of landed property, a safe margin beiDg always kept. The B}Btem which prevails all over the Colony in the buying of land, la that of de fcrred payment of the price,— so much being paid as a deposit when the purchase is made, and the remainder by bills for instalments, spread over a limited period of from one to' three yeare, the title being only granted when the price is fully paid up. This Company, in consequence of being in a position >o pay in cash at once, will certainly be able to buy property on much more favorable terms than buyers on deferred payments; and it ia certain that by the exercise of ordinary care, a fate and very profitable kind of business can be done by buying land and selling it again in lota to cult purchasers. It is very well known that Companies in New Zealand having objects similar to those of this Company hive been able, notwithstanding very limited resources, not only to pay large dividends but also to add to capital, . It is not intended to call «p more than £l per share, at the outset at least. The Promoters consider that, with 10j per Share paid up. the Company may make a fair beginning; and they corfidently anticipate that, besides paying a good dividend to Shareholders, the Directors will alto by judicious Investments in landed property, be able from time to time, oat of profits, to make additions to Capital. The turn over of the Capitol will be quick, and there will no doubt be available coon a considerable amount of money from deposits made by people both at Home and in New Zealand, so that a large paid-up Capital is not necessary. Pro?pectuse3, with Forms of Application for Shares, may be obtained at the Offices of the Company, or from the Bankers at the Office, or at any of the Branches; or from the Union Bank of Australia, Nelson ; and the Memorandum and Articles of Association may be seen in the bands of tfce Secretary. Should no Allotment be made, the Deposit will be returned without any derfaction. Lloyd's Rooms, Brandon-street, Wellington, October, 1878. 3292 Scott's SAWING, PLANING, AND MOULDING MILLS, SASH AND DOOR FACTORY. The undersigned having completed tho erection of IMPROVED MACHINERY is prepared to execute, wish the utmost despatch ail orders with which he may be favored. Flooring, Liniog, Mouldings, Sashes, and Doors always in stock. Timbers, Shingles, and Building Materials of every description. Builders' Ironmongery, Corrugated Iron Ridging and Spouting. Glass all sizes for; Sale at lowest remunerative rates. f . • Joiners' Work prepared to order. Sawing and Planing done for the Trade. Pinning up to 24 inches wide. JOHJ^SCOTT, BUILDEE AND CONTRACTOR, I TftAFALGAR-STREET NORTH. j CATTLE TRESPASS ACT, 1868. NOTICE is hereby given that oa and after tho 28ih October, 1878, the pra- | visions of li The Cattle Trespass Act, 1868," will be enforced upon my Land, being: put. | of Rural Section No. 2% Hghty-eight Valley, ! Walmea tfouth, 50 Acres, and part of Rural Secten No. 24, same district, 45 Acres, and that it is my intention to C'aim Damages for all Cattle Trespassing on said Land, whether the s»me shall be fenced or unenclosed. JOHN WADSWORTH 1 88-Valley, September 38, 1878. 5253-4