Page 1 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 4124, 9 June 1874, Page 1

Prospectus. PEOSPE C T U S OF THE COLONIAL BANK OP NEW ZEALAND. Capital. .. ... ... .-£2,000,000 lu 100,000 .-bares of £5 each. To be offered to the Public by a first issue of one-balf, viz., 20,000 shares, To be called up as follows Five shillings on application ; 10s on allotment ; 5s two months after allotment ; 5s four months after allotment ; 5s six mouths after allotment ; which will amount to i’300,000 paid-up capital at end of six months. No further Call will bo made for twelve mouths after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of not loss than three months thereafter. Provisional Committee : The Hon. Mathew Holmes W. A. Tolmio, MALE. E. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.C., Eunholder J. M. Eitchie, Kussoli, Eitehie, and Co. Charles Nichols, Dalgety, Nicbcls, and Co. James Eattray, Dalgety, Nichols, and Co. J'. L. Lutterworth, Lutterworth Bros. Hubert Wilson, K. Wilson and Co. Keith Eamsay, Jetty street • George M. Bell, Eunholdor, Southland J ohn Cormack, of Morrison and Company, Blue Spur Captain J'. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Eeeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnaeh, Guthrie raid Lamach Daniel Campbell, Great King street H. S. Fish, juu., Princes street W. M. Hodgkins, of Howorth and Hodgkins E. H. Leary, High street J. H. Harris, Solicitor William Fraser, of Strode and Fraser, Kimholders J. Logan, Eunholdor ' Walter Miller, Eunholder J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, sen. G. K. Chapman, Barrister The Hon. James Paterson W. Gellibraud, Eunholder D. F. Main, Barristor-at-Law W. J. Burton, Burton Bros. J. E. Jones, Harbor Steam Company Charles Zeilo, Eattray street James Hazlott, Merchant, Clyde John Eeid, Elderslie, Oamaru Eobert Gillies, Gillies and Street Donald Eeid, MALE. C. E. Howden, Distiller, Cumberland street Charles Eeid, Princes street K. Glendining, Eoss and Glendining Dr. Edward Hulme John Douglas, Eunholder, Mount Eoyal J. T. Wright, Wright, Stephenson and Co. G. F. Eeid, Stafford street E. Paterson, Paterson and McLeod E. M. Kobertson, Distiller, Eattray street James Stand, M.P.C. William Barron, Barron, Grant and Co. William Park, Park and Curio George Elliot Barton, Barrister-at-Law W. D. Murison, Editor “ Daily Times ” Charles De V. Teschemakcr, Eunholder, Taipo, Oamaru David Prondfoot, Eailway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar 1 Hugh McNeil, Briscoe and Co. John Bathgate, E.M. E. B. Cargill, Cargills and McLean H. J. Walter, Manse street E. K. Murray, Eattray street James Black,’ Black and Thomson Marcus Hume, Dunedin James Allen, M.P.C., East Taieri William Snow, Outram, West Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Eobert Pritchard, Arrow AValter luder, Naseby M. J. Malagan, Queenstown Job Wain, Manse street James Fulton, E.M. John Scanlan, Scanlau Brothers, Princes street William Kennedy, Eattray street The Hon John M'Lean, Eedcastlo, Oamaru With power to add to their number. Bankers : The Union Bank of Australia. The Bank of Australasia. Ist. The groat want of a thoroughly Colonial Banking Institution for the whole Colony of Hew Zealand Laving been long felt, it has been determined by the Provisional Committee to supply the same by placing before the public the present carefully considered scheme, with the full confidence that it will meet with very general support. 2nd.. As a. first stop, it is proposed to offer to the people of this Colony one Half _ of the nominal capital or 200,000 shai'CH, in fair proportions to each of tiic Province:; through.out Now Zealand, on the basis of the respective populations of each Province, reserving the other half to be disposed of hereafter, 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 Eegistor 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 shall be appointed to guide the operations oAho Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise with the General Manaeer, and generally wateli the interests of the whole Institution. Ith. As soon as a sufficient number of Shares -shall have been applied for to warrant tile commencement of business, the 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 bo the chief aim of the Irornoters of this Bank to aid and conserve abac the interests of the whole community in tins Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artizari, and Laboring Classes will each have fair treatment ami support from the Colonial Bank, 'J o the Mining Interest, special attention will be given, with a desire to acquire for the Miners tiro Mint value of their Gold, whether in large or small quantities, and until such value can be ascertained, a liberal advance will bo made upon any gold deposited for the purpose of coinage, (fill. It is not intended by the Promoters tb.-ft this Bank shall purchase Gold, but merely be prepared to make advances upon it until realised, in the same maimer that it i will be reaily to do upon wool, grain, or other , produce. 7th. The amount of New Zealand money in the hands of the throe Banks from Australia trading in the Colony on the 'list December last, as shown by their novoral returns furnished to the Government, appear thus, without giving odd numbers;— 1