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! , prqspec¥d's of : rpuu new zeal-and:: ~t&mx: rAajo' 1 JLe ; LOAM. GUMPANV .[Lmimsa]. .-.-.x ' (To be irorporate'i under "The Joint Stock : Companies' Act, i860.")^ -'- > Capital, £1,000,000 in 200,000 Shares of j £$ eaeli, with power to increase. - & ' J I 100 obi) Shares are .proposed. to| be placedia New Zealand, ahdioii.OOO tobe reserved for Subscription in the United Kiagdoaa. Propose 1 Calls :^-2s 6d per; Share on Application ;. 2s 6J per Share on Allotment ; 2s 61 per Share two months after I Allotment ; and 2s 6d per Share ! four months after allotment ; ' Six mouths notico' to be given ; ; ■ ■•. ■■■. -; of any farther Galta. > „T : j Provisional Directors : — i The Hon. Wm. Hontbb Refolds, of Dim- ; ; J " edin, M.L.C. of New Zealand. - ! The Hon. Johm Martin, of Wellington, MXIO. of New Zealand i ■ i The Hon. John Baixanoe, Colonial Treas- ' I nrer of New Zealand.; ; : The' Hon. Hobrrt Stout, Attorney-General of New Zealand. ;'■"• -• ■ i • James Allkn, Fsq:, of Duoedin. I C. Svmva Toxward. Esq.; Surveyor. WelL liogton •;•• ' ; : Thomas Whttb Young," Esq., Merchant ; Wellingtons ..-. . -:/?.....• , Robebt GREENFiEtDi Esq., Merchtofe, Wellington. A ' . „, Bankers : The Bank ok. Australasia. 1 :' f Solicitors: I MB3SfisSiEywaiGHT'ANDHTdijT;WelliQgtoa Surveyor and Valuator : C. Jcuas 1 oxward, Esq , Wellington. . . Interim Secretary. .... . William Sie^wrighx, HJBq.i Solicitor, " *'" , . • Wellington. Temporary Offices % ' >%' Ilotd's Booms, Bsardok-stbbst, . JL = Wellington. -■•... This Company is formed for two objects :— Ist and chiefly. For lending money &6 carrent rates of interest upon the secafity of landed property situated within the Colony of New Zealand ; and K ' ' -. 2nd. For acquiring, when deemed advf sable, landed propjrfcy 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 ia » lota as may suit purchasers. : • With a fast increasing population both la town and country, a very fine climate, and land, of great fertility, opened ap by the construction of roads .ani , rail way s, there is > an almost inexhaustible field for the profitable investment of money in the manner pro* posed by ibis* Company, and ie is' one very . little occupied. ;Thia Company intends to occupy that field, and to offer, to the public^r; particularly to farmer-settlers andt&wbrk- • ing population generally— facilities ifor acquiring property or for erecting houses, or effectiog other substantial - improvements thereon on reasonably moderate terms. And , the -Company can do so profitably to ths ' Shareholders, while at the same time halp is given to people who are williog-to pay adequately ior tho advantages &n& accommodation offered. In no case will money be lent otherwise than, on , the ; . security of; laiidei,-pronejty,» , safe hiargin b^ing, always kept, ' : . The system which prevail^ all over the Colony in the buying of land, ia "thai of de ferred payment of the price,— so much beiag paidjjs a deposit when the purchase .is made* aridtlie remainder by bills for instalmeoj^, spread over a limited pet iod of from onet£ three year?, the title being only granted when the price ia fully paid up. This Company, in consequence of being in a position, fo pay in cash at once, will certaidy be able to buy property on much, more favorable terms than buyers on deterred payments; and it is certain that by : the exercise of ordinary care, a safe 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 Jo those of this Company have beeu able, hotwithstßn&iog very limited : resoarcei, /eat only to pay large dividends but also to add to.capital, Jt ia not intended to call up more than £i ' per share, at the outset at least. The Promoters consider that, with iOi per Share paid • up. the Company may make a fair beginning; and they confidently anticipate that* besides paying a good dividend to Shareholders, |he Directors will, also by judicious inveafcraeofs in landed property, be able frdin time to timai out of profit», to make additions to Capitil. The turnover of the Capital, wiil be quick, and there will ho doubt be available sobn ; a considerable 1 amount of money fedm deposits made by people both at Home and id New- , Zealand, so that a large paid-up Capital is no^ necessary. • ■-•■••; Pro'pecfcuses, witli Forms of Application for Shareii, may be obtained a$ the"of3cA'- ofi 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 faaada of the Secretary. " ' ' ' '"""i Should no Allotment be made, the Deposit will be returned without any deduction. Lloyd's Booms, Brandon-street, Wellington, October, 1878. : 3292

PUBLICJOTICE. FINAL CLEARING-OUT SALE For 31 days Only ! JUNCTION STORE, [MOTIJEKA. j" lIyj"YERS reapectfally tnanki Oo 4-^A- '"9 iohabitanta ; of Mota* eka, Biwaka, Moutere, Pangitotara, NgaMmoti, and the surrounoing districts for their support during the time he has been in busluesi in Motueka, and would call their attention to the fact that the remainder of his Stick MUST BE CLEARED OFF, - aa it is hig intention to leave the diatricc. j[a reasonable ofl'er.will be refused. Drapery, Clothing . Boots and Shoes Groceries Ironmokgkry, Habdwaue Crockery, Glassware; Fancy Stationery, &c. Terms —Cash, or Marketable Produce. The SALE will commsoce on TUESDAY} the lsc October, and will continue OBtil the 3fst, after which date the Balance of the block, together' with the 1 HoEifiai Cakt, Harness, &o m will be gold by PUBLIC AUCTIUN. All oi:t3tanding Accounts not settled^bjr'tna 2iet October, will be placed in the hands ot a Solicitor. 3191

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18781023.2.15.5

Bibliographic details

Nelson Evening Mail, Volume XIII, Issue 218, 23 October 1878, Page 4

Word Count
924

Page 4 Advertisements Column 5 Nelson Evening Mail, Volume XIII, Issue 218, 23 October 1878, Page 4

Page 4 Advertisements Column 5 Nelson Evening Mail, Volume XIII, Issue 218, 23 October 1878, Page 4

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