Page 1 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 4126, 11 June 1874, Page 1

Prospectus. PE o s P E o T ir a 01' THE COLONIAL BANK OF NEW ZEALAND. Capital £2,000,000 111 400,000 shares of .£5 cadi. To bo offered to the Public by a first issue of one-half, viz., 20,000 shares, To be called up as follows ; —■ Five shillings on application ; 10s on allotment ; 5s two months after allotment ; 0s four months after allotment ; 5s six months after allotment ; which will amount to .•£300,000 paid-up capital at end of six mouths. No further Call will be made for twelve months after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to be made, if repaired, at intervals of not less than three mouths thereafter. Ptto visional Committee : The lion. Mathew Holmes j AV. A. Tolmie, M.H.E. I E. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.C., Eunbolder J. it. Eitebie, Eussell, Datable, and Co. Charles Nichols, Dalgety, Nichcls, and Co. dames Eattray, Dalgety, Nichols, and Co. J. Ij. Buttcrworth, Buttcrworth Bros. Eobert Wilson, E. Wilson and Co. Keith Eamsay, dotty street George M. Bell, Eunbolder, Southland John Cormack, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Eecves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnaeli, Gutbrio and Larnach Daniel Campbell, Great King street H. S. Fish, jnm, Princes street W. IM. Hodgkins, of Howorth and Hodgkins E. H. Learv. High street J. H. Harris, Solicitor William Fraser, of Strode and Fraser, Kunholders J. Logan, Eunbolder AValter Miller, Eunbolder J. A. Connell, of Connell and Moodia W. D. Stewart, Barrister hi. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, sen. C. E. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Eunbolder D. F. Main, Barristor-at-Law W. J. Burton, Burton Bros. J. E. Jones, Harbor Steam Company Charles Zeilo, Rattray street James Hazlett, Merchant, Clyde John Held, Eldorslie, Oamaru Eobert Gillies, Gillies and Street Donald Eeid, M.H.E. C. E. Howden, Distiller, Cumberland street Charles Eeid, Princes street E. Glendiniug, Eoss and Glendining Dr. Edward Huhne John Douglas, Eunholdcr, Mount Eoyal J. T. Wright, Wright, Stephenson and Co. G. F. Eeid, Stafford street E. Paterson, Paterson and McLeod E. hi. Eobertson, Distiller, Eattray street James Sbaud, M.P.C. AVilliam Barron, Barron, Grant and Co. AVilliam Parle, Park and Curie George Elliot Barton, Barrister-at-Law AA r . D. Murison, Editor “ Daily Times ” Charles De V. Tescliemaker, Eunholdcr, Taipo, Oamaru David Proudfoot, Hallway Contractor Horace Bastings, M.P.C. AV. North, North and Scoullar Hugh McNeil, Briscoe and Co. John Bathgate, E.M. E. B. Cargill, Cargills and McLean H. J. Waiter, Manse street E. K. hlurray, Eattray street James Black," Black and Thomson Marcus Hume, Dunedin James Allen, M.P.C., East Taieri AVilliam Snow, Outran), AVest Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Eobert Pritchard, Arrow AValter Indcr, Naseby hi. J. Malagan, Queenstown Job AAbain, Manse street James Fulton, E.M. John Scanlan, Scaulan Brothers, Princes street AYilliam Kennedy, Eattray street The Hon John hPLean, Eedcastle, Oamaru AA'ith power to add to their number. Baxkehs ; The Union Bank of Australia. The Bank of Australasia. - Ist, The great want of a thoroughly Colonial Banking Institution for the whole Colony of Now Zealand having 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 step, it is proposed to offer to tile people of this Colony one half of the nominal capital or 200,000 shares, in fair proportions to each of the Provinces throughout New 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 Register be kept. 1 Ik'd It in Tntended that the Head Office of the Bank shall bo in Dunedin, and that a General Manager of high professional standing shall bo appointed to guide the operations oAhe Bank; and also that a Board of qualified Directors shall bo elected from among the Committee to advise with the General Manager, and generally watch the interests of the wholn Institution. •ith. As soon as n sufficient number of Shares shall have been applied for to warrant the 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 be the chief aim of the Promoters of this Baule to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, -Mining, Artizan, ami Laboring Classes will each have fair treatment and port from the Colonial Hank. To the Mining Interest, special attention will bo given, with a desire to acquire for the Miners the Mint value of their Gold, whether in large or .small quantities, and until such value can be ascertained, a liberal advance will be made upon any gold deposited for the purpose of coin°(lth. It is not intended by tbo Promoters that this Bank shall purchase Gold, but merely bo prepared to make advances upon it until realiseil, in the same manner that it will be ready to do upon wool, grain, or other produce. 7th. The amount of New Zealand money in the bauds of the three Banks from Australia trading in the Colony on the 31st December last, as shown by their several returns furnished to the Government, appear thus, with. 1 out giving odd numbers; —