Page 4 Advertisements Column 5

New Zealand Times, Volume XXIX, Issue 4151, 10 July 1874, Page 4

Prospectus. Bth. The Promoters, in placing the foregoing facts before the people of this Colony, desire to point out the very great disadvantages that colonists are sure to labor under by lending—or rather giving—such a large sum of money as stated above to foreign Banks, to be lent back to the people here at very high rates of interest, and on more arbitrary conditions. They, therefore, have no hesitation in suggesting the prudence and wisdom of the colonists keeping within their own domain the absolute control of their own moneys; as by so doing they will most effectually destroy the risk in future monetary disturbances, which they have had on more than one occasion to deplore in the past, brought about solely by some crisis that , has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th. It has been determined by the Promoters that the first issue of 200,000 Shares shall bo conducted by Committees, to be appointed severally in the chief city in each Province ; and no Shares will be given or reserved to the Promoters ; but each member of the Provisional Committee is willing to become a subscriber for the number of Shares standing opposite to his name.* 10th. It is proposed at the issue of Shares above referred to that 5s per Share be paid on Application ; that 10s per share be paid on allotment; that a Call of 5s per Share be made and payable two months after Allotment; that a Second Call of 5s per Share be made and payable four months after allotment; and that a Third Call of 5s per Share be made and payable six months after Allotment —making together 30s paid up per Share. No further Call to ho made within twelve months of the Bank first commencing business in Dunedin ; after which future Calls will not exceed 5s per Share, nor be made at shorter intervals than three months between each Call, 11th. The Act of Incorporation for this Bank will be so framed as to limit the liability of the Shareholders to twice the amount of their Shares, the same as the other Banks. X2th. As a thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending “The Colonial Bank of New Zealand” to the support of all Colonists having the real welfare of New Zealand at heart. Such an Institution is much wanted at the present time ; and as the development of the Colony proceeds, its usefulness will also increase, and be more and more appreciated, both as an investment for the savings of the people, and as a useful Bank. Judging from the influence and sound experience possessed by the promoting Members of Committee it is certain that no similar institution has ever yet been launched in the Southern Hemisphere under better auspices. A deputation ,of Provincial Directors will visit Wellington in a few days for the purpose of co-operating with a local Provisional Committee. Meantime forms of application for Shares may be obtained, and applications may be lodged with the Union Bank of Australia and the Bank of Australasia. FORM OF APPLICATION FOR SHARDS. Date 1871. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OF NEW ZEALAND. Gentlemen, —I hereby make application for Shares in the above Company ; and hand you herewith the sum of £ , being the amount of Five Shillings per Share deposit on the same ; and I agree to take the said Shares, or any less number that may be allotted to me, and I further agree to subscribe to the Articles of Association when required to do so. I am, Gentlemen, Yours truly, Signature Name in full Occupation Address No Date received. * The Provisional Committee have already subscribed amongst themselves for 26,-175 Shares, which they are prepared to take if allotted to them. Fublic Companies. HIE 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., 200,000 Shares, to be called up as follows : Five Shillings on Application; 10s. on Allotment ; ss. two months after Allotment ; ss. four months after Allotment ; ss. six months after Allotment; which will amount to £300,000 paid-up capital at the end of six months. No further Call will be made for twelve months after the Bank is first opened in Dunedin, and future Calls will not exceed ss. per Share, to be made, if required, at intervals of not less than two months thereafter. A Provisional Committee having been appointed for Wellington, applications will now be received for SHARES at the BANK OF AUSTRALASIA, UNION BANK OF AUSTRALIA, or at the OFFICE of the COMMITTEE, Willis Street, Wellington, opposite the Empire Hotel, where prospectuses and every information can be obtained. The WELLINGTON SHARE LIST will CLOSE on 21st JULY. T. J. LADD, Secretary. WELLINGTON AND W AIR ARAB A CARRYING COMPANY. The above Company beg to inform the public that they commenced operations on the Ist day of June. All goods to bo forwarded by them must bo sent to their Depot, for which receipts will be given, if accompanied with a receiving note. T. C. DARCY, Agent, Furs, &c. Under - the special Patronage of His Excellency the Governor, 0 - OLON IA L INDUS TR Y. H. E, LIARDET, TAXIDERMIST AND FURRIER, Opposite the New Zealand Times Office, Willis Street. H. E. LI iVRDET has the honor to announce to the ladies of Wellington that ho has now ready for the ensuing winter a large stock of MUFFS, TIPPETS, CUFFS, &0., made of the skins of the choicest New Zealand sea birds. Every description of Furs Cleaned and Repaired, and made up into Tippets, Muffs, &c. Coacli Factory. TT NI O N COACH FACTORY. U Ghdznee Street (Opposite St. Peter’s Church). Tho undersigned, having commenced business in the above premises, is prepared to execute all orders entrusted to him in a workmanlike manner, without delay, and on most reasonable terms. Each branch of the business will be under the supervision of skilful workmen, and all work from the establishment guaranteed. Repairs of all descriptions executed with neatness and despatch. R.W. has also on hand, and in course of construction, double-seated buggies, express waggons, two spring carts, and timber waggons Country order’s specially attended to. R. W. WATSON.