Page 6 Advertisements Column 3

Nelson Evening Mail, Volume XIII, Issue 266, 16 November 1878, Page 6

FOXHILL BREWERY. GROVL'S HARVEST ALE. 3751 tc 2/- f Gallon. Road to Health THROUGH The Nelson Public 3821 XsaullS 9 HARDY-ST. PROSPECTUS OF rnUE NEW ZBALAND LAND AND A LOAN- COMf AN*. [Limited]. (To be ircirporated under "The Joint Stock Companies' Act, i860.") Capital, £1,000,000, in 200,000 Shares of £a each, with power to increase. 100,009 Shares are proposed to be placed in New Zealand, and lOD.OOO to be reserved for Subscription ia the United Kingdom. Proposed Calls :— 2s 6d per Share on Application ; 2s 8d per Share on Allotment ; 28 6d per Share two months after Allotment j and 2s 6d per Share f jur months after allotment ; Six months notice to be given of any further Calls. Provisional Directors : — The Hon. Wm. Homtkr Reynolds, of Danedin, M.L.C. of New Zealand. The Hon. John Mabtin, of Wellington, M.L.C. of New Zealand. The Hon. John Bjsllanoe, Colonial Treasurer of New Zealand. The Hon. Robebt Stout, Attorney-General of New Zealand. James Allen, fcsq., of Duaedin. C. Julius Toxwabd. Esq., Surveyor, Wellington Thomas Whtte Young, Esq., Merchant. Wellington. Robebt Greenfield, Esq., Merchant, Wellington. Bankers : The Bank of Australasia. Solicitors : Messes Sievwright and Stout, Wellington Surveyor and Valuator : C. Jclips Toxwabd, Esq , Wellington. Interim Secretary : William Sievwbight, Esq., Solicitor, Wellington. Temporary Offices : Lloyd's Room?, Bkamdon-stkebt, Wellington. This Company is formed for two objects :— Ist and cbitfly. For lending money at current rates of interest upon the security of landed property situated 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 ia town and country, a very fine climate, and land of great fertility, opened up by the construction of roads ani railways, there is an almost inexhaustible field, for the ixeofi**--hio iuTcatujcufc or money in the manner proposed by this Company, and it is one very little occupied. This 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 e-ffectiog ether substantial improvements) thereon on reasonably moderate terms. And the Company can do so profitably to tha Shareholders, while at the same time help is given to paople who are willing to pay adequately for tha advantages and accommodation offered. In no case will morey be lent otherwise than on the security of landed property, a site margin being always kept. The system which prevails all over theColony in the buying of land, is that of de ferred 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 Irom one to» three. yearp, the title being ouly granted when the price is fully paid up. This Com-. pa:>y. iu consequence of being in a position. fo pay in cash at once, will certainly be ablfj to buy property on much more favorab\e terms than buyers on deferred payments • and it is certain thut by the exercise of ordinary care, a fate and very profitable ki a d of business can be done by buying lan i and selling it again in lots to suit purchase, rB . It is very well known that Companies in New Zealand having objects s/.milar to those of this Company hive been able.^notwithstanding very limited re w urcj^|]t^^ only to pay large dividends but ttlso ilasfilll io capital, I^lll 111 It ia not intended to call up, m ore i iwP ip per share, at the outset at Least. The pic*^ inoters consider that, with 10 » per Share paid up, the Company may make a fair beginning; and they confidently anticipate that, besides paying a good dividend to Shareholders, the Directors will also by judicious investments in landed property, be able from time to time, out of profits, to make additions to Capital. The turn over of the Capit? 1 will be quick, and there will no doubt be available soon 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. Prospectuses, with Forms of Application for Shares, may be obtained at the Offices of the Company, or from the Bankers at the Office, or at auy of the Branches; or from the Union Bank of Australia, Nelson ; and the Memorandum and Articles of Associa* tion may be seen in the hands of the Secretary. Should no Allotment be made, the Deposit will be returned without auy den action. Lloyd's Rooms, Brandon-street, Wellington, October, 1878. 3232

Printed by E. Lucas and Son Nelson.