Prospectus. PROSPE 0 T U S op THE COLONIAL BANK OP NEW ZEALAND. Capita! £2,000,000 In 100,000 shares of £5 each. To be offered to the Public by a first issue of ono-balf, viz., 20,000 shares, To bo called up as follows : Pivc shilling's on application ; 10s on allotment ; Os two mouths after allotment; 5s four months after allotment; us six months after allotment ; which will amount to .£300,000 paid-up capital at end of six months. No further Call will he made for twelve months after the Bank is first opened in Dunedin, and future Calls will not exceed 5s per Share, to he made, if required, at intervals of not less than three months thereafter. Provisional Committee ; The Hon. Mathew Holmes W. A. Tolmie, M.H.Pv. R. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.C., Eunholder J. M. Ritchie, Russell, Ritchie, and Co. Charles Nichols, Dalgety, Nichols, and Co. .Tames Rattray, Dalgety, Nichols, and Co. J. L. Buttorworth, Butterworth Bros. Robert Wilson, E. Wilson and Co. Keith Ramsay, Jetty street George M. Bell, Runholder, Southland John Connack, of Morrison and Company, Blue Spur Captain J. T. Boyd B. C. Haggitt, Provincial Solicitor Alexander Burt, A. and T. Burt C. S. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Lavnach, Guthrie and Larnach Daniel Campbell, Great King street IT. S. Pish, jnn., Princes street W. M. Hodgkins, of Howorth and Hodgkins R. H. Leary, High street J. IT. Harris, Solicitor William Eraser, of Strode and Eraser, Eunholdors J. Logan, Runholder Walter Miller, Runholder J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin J. S. Webb, Webb and Fulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson W. Gcllihraud, Runholder D. F. Main, Barristor-at-Law W. J. Burton, Burton Bros, J. R. Jones, Harbor Steam Company Charles Zeilo, Rattray street James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamavu Robert Gillies, Gillies and Street Donald Reid, M.H.R. C. R. Howdon, Distiller, Cumberland street Charles Reid, Princes street B. Gloudining, Ross and Glendining Dr. Edward Hnhno John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stephenson and Co. G. P. Reid, Stafford street E. Paterson, Paterson and McLeod E. M. Robertson, Distiller, Rattray street James Shand, M.P.C. William Barron, Barron, Grant and Co. William Park, Park and Curie George Elliot Barton, Barrister-at-Law W. D. Mnrison, Editor “ Daily Times ” Charles Do V. Teschemakev, Runholder, Taipo, Oamam David Proudfoot, Railway Contractor Horace Bastings, M.P.C. W. North, North and Scoullar Hugh McNeil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, Cargills and McLean 11. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black, and Thomson Marcus Hurnc, Dunedin James Allen, M.P.C., East Taiori William Snow, Outvam, West Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Indcr, Naseby M. J. Malagan, Queenstown Job Wain, Manse street James Pulton, 11. M. John Soanlan, Scanlan Brothers, Princes
street William Kennedy, Kattray street The Hon John M'Lean, Eedcastle, Oamaru With power to add to their number. BANKERS : The Union Bank of Australia. The Bank of Australasia. Ist. The great want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand having boon long felt, it lias 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 shares, in failproportions to each of the Provinces throughout New Zealand, on the basis of the respective populations of each Province, reserving the other half to bo 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. 3rd. It is Intended 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 of the Bank ; and also that a Board of qualified Directors shall be elected from among the Committee to advise.with the General Manager, and generally watch the interests of the whole Institution. 4th. As soon as a sufficient number of Shares shall have boon applied for to warrant the commencement of business, the Head Office will bo opened in Dunedin, in suitable Premises already secured under offer, and thereafter Branches will gradually bo opened in the Chief Centres of Settlement throughout the Colony. sth. It will be the chief aim of the Promoters of this Bank, to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Alining, Artizan, and Laboring Classes will each have fair treatment and support from the Colonial Bank. To tho Mining Interest, special attention will, be 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 bo made upon any gold deposited for the purpose of coiua°oth. It is not intended by tho Promoters that this Bank shall purchase Gold, but merely bo prepared to make advances upon it until realised, in tho same manner that it will be ready to do upon wool, grain, or other produce. 7th. Tho amount of New Zealand money m tho hands of tho three Banks from Australia trading in the Colony on the 31st December last, as shown by their several returns furnished to tho Government, ajipoar thus, without giving odd numbers; —
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New Zealand Times, Volume XXIX, Issue 4130, 16 June 1874, Page 1
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975Page 1 Advertisements Column 3 New Zealand Times, Volume XXIX, Issue 4130, 16 June 1874, Page 1
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