Page 4 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 4135, 22 June 1874, Page 4

Prospectus, I PROSPECT US OF THE COLONIAL BANK OF NEW ZEALAND. Capital £2,000,000 In 400,000 shares of £5 each. To be 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; Es four months after allotment ; 5s six months after allotment ;. which will amount to £300,000 paid-up capital at end of six months. No further Call will be made for twelve > months after the Bank is first opened in Dimedin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of not less than three months thereafter. Provisional Committee : The Hon. Mathew Holmes W. A. Tolniie, M.H.R. R. Oliver, M.P.C, Oliver and Ulph Dr Webster, M.P.C., Runholder J. M. Eitchie, Russell, Ritchie, and Co. Charles Nichols, Dalgety, Niehcls, and Co. James Rattray, Dalgety, Nichols, and Co. J. L. Butterworth, Butterworth Bro 3. Robert Wilson, R. Wilson and Co. Keith Ramsay, Jetty street George M. Bell, Runholder, 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. Reeves, M.P.C. James Marshall, Marshall and Copeland James Copeland, Cumberland street W. J. M. Larnach, Guthrie and Lamach Daniel Campbell, Great King street H. S. Fish, jun., Princes street W. M. Hodgkins, of Howorth and Hodgkins R. 11. Leary, High street J. 11. Harris, Solicitor William Eraser, of Strode and Eraser, Runholders J. Logan, Rmiholder 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. Gcllibrand, Runholder D. F. Main, Barrister-at-Law W. J. Burton, Burton Bros. J. R. Jones, Harbor Steam Company Charles Zeile, Rattray street James Hazlett, Merchant, Clyde John Reid, Elderslie, Oamaru Robert Gillies, Gillies and Street • Donald Reid, M.H.R. C. R. Howden, Distiller, Cumberland street Charles Reid, Princes street R. Glendining, Ross and Glendining Dr. Edward Hulme John Douglas, Runholder, Mount Royal J. T. Wright, Wright, Stephenson and Co. G. F. Reid, Stafford street R. Patei-son, Paterson and McLeod R. M. Robertson, Distiller, Rattray street James Shand, M.P.C. William Barron, Barron, Grant and Co. William Park, park and Curie George Elliot Barton, Barristor-at-Law W. D. Murison, Editor " Daily Times " Charles Do V. Teschemaker, Runholder, Taipo, Oamaru David Proudfoot, Railway Contractor W. North, North and Scoullar Hugh McNeil, Briscoe and Co. John Bathgate, R.M. E. B. Cargill, Cargills and McLean [. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thoi Allen, M.P.C, East Taieri William Snow, Outram, West Taieri A. J. Smith, Contractor Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Inder, Naseby M. J. Malagan, Queenstown Job Wain, Manse street James Fulton, R.M. John Scanlan, Scanlan Brothers, Princes street William Kennedy, Rattray street _ The Hon John M'L 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 Coloni.n.l Bankinc Institution for the whole Colony of New Zealand having been long leit, ii i: been determined by the Provisional Co: mittee 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 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 o£ each Province, reserving the other half to be disposed of hereafter, as the rapid progress of the Colony may and shareholders may decide ; but in instance will any of the remaining shares be offered for sale out of the Coloriy 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 Banlc shall be in Dunedin, and that a General Manager of high professional standing shall be appointed to guide the operations oAhe Bank; and also that a Board of qualified Directors shall be elected from among the Committee to advise witli the General Manager, and generally watcli the interests of the whole Institution. 4th. As soon as a sufficient number of Shares shall have been applied for to warrant 1 the commencement of business, the Head | Office will be opened in Dunedin, in suitable Premises already scoured 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 Bank to aid and conserve alike the interests of the whole community in this / "'- 1 The Mercantile, ,|V il, Mining, Artiz Classes will each have fair treatment and supI port from the Colonial Bank. To the Mining ' Interest, special attention will be given, with a desire to acquire for the Miners tho Mint value of their Gold, whether in large or si quantities, and until such value can bo ascertained, a liberal advance will bo made upon any gold deposited for tho purpose of coinage. oth. It is not intended by the Promoters that tlr- "--'- ■■*•-" - 1 "-» r: " 1 ' 1 lm * merely it until realised, in tlio same manner mai, n, will be ready to do upon wool, grain, or other produce. 7th. The amount of New .Zealand money in tho hands of tho three Banks from Australia trading in tho Colony on the 31st December last, as shown by tlioir several returns furnished to the Government, appr-- "" + ''- out giving odd numbers; — Deposit. Circulation. Tot Union Bank of Australia ... £870,000 £123,425 £003,425 Bank of New South Wales 560,000 101,849 604,849 Bank of Australasia ... 193,000 38,902 231,902 Showing a total of ... £1,890,236 or nearly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Syd""" f " '"«>t™l nr Tnn.ni-miln.to