Page 4 Advertisements Column 5

New Zealand Times, Volume XXIX, Issue 4155, 15 July 1874, Page 4

Prospectus. Bth. The Promoters, m placing the foregoing facta 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 Australia" Colonies, where the real interests of the foreig Bank most strongly take root. 9th. It has been determined by the Promoters that the first issue of 200,000 Shares shall be 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 allotmr- 4 ■ — J that a Third Call of 5s per Share be i payable six : together 30s paid up per Share. No further Call to be 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. 12th. Asa thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending "The Colonial Bank ov 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 OP- APPLICATION FOR SHAKES. Date 1574. TO THE PROVISIONAL COMMITTEE OP THE COLONIAL BANK OF NEW ZEALAND. Gentlemen, —I hereby make application for Snares 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 "f A= o tion when required to do so I am, G-entlemen, Yours truly, Signature Name in full Occupation Address No _ Date received. * The Provisional Committee have ah-eady subscribed amongst themselves for 25,475 Shares, which they are prepared- to take if allotted to them. Public Companies. rfIHE COLONIAL BANK OP NEW CAPITAL, £2,000,000, IN 400,000 SHAKES OP £5 EACH. of one-half, viz., 200,000 Shares, to be called up as follows: ive Shillings on AppHcation; 10s. on Allent ; 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 ix 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 bo 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 SHAKES at the BANK OP AUSTRALASIA, UNION. BANK OP 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. ELLINGTON LAND AND BUILDING COMPANY (LIMITED). Notice is hereby given,—That a Call of Five Shillings per Share is hereby made, due and payable at the office of the Company, Grey Street, Wellington, on Monday, August 10, 1874; By Order of the Directors, CHARLES WHITE, Secretary. Wellington, July 10, 1874. . TTTELLINGTON GAS COMPANY. NOTICE TO SHAREHOLDERS. An Interim Dividend of 5 per cent, will bo payable at the Company's office on and aftor Wednesday next, 15th inst. J. R. GEORGE, Manager. Wellington, 13th July. SLLINGTON AND WAIRARAPA CARRYING COMPANY. The above Company beg to inform the public that they commenced operations on the Ist day of June. All goods to be forwarded by them must be sent to their Depot, for which receipts will be given, if accompanied with a receiving note. T. C. DARCY, ■Agent. Machinery. AGRICULTURAL IMPLEMENTS AND MACHINERY. On account of the increasing demand for our Improved Double-furrow Ploughs and Reaping machines, we much regret having had to disappoint bo many of our customers last season, but having removed to new and commodious works in Dunedin, wo are now in a position to supply, at a few days' notice. all orders entrusted to us. Reduced price list to be had oil application to REID & GRAY, Dunedin and Oamaru ; Or to JOHNSTON & CO, Wellinfrton.