Page 4 Advertisements Column 5

New Zealand Times, Volume XXIX, Issue 4158, 18 July 1874, Page 4

EOT U S THE COLONIAL BANK OF NEW ZEALAND. Capital £2,000,000 In 400,000 shares of £6 each. To be offered to the Public by a first issue of one-half, viz., 20,000 shares, . To be called up as follows : Eive shillings on application.; 10s on allotment ; 5s two months after allotment; 5s f ourmonths 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 frr- 1 — months after the Bank is first opened in edin, and future Calls will not exceed 5s per Share, to be made, if required, at intervals of not less than three months thereafter. PnoyisioNAL Committee : [on. Mathew Holmes „ . Tolmie, M.H.R. R. Oliver, M.P.C., Oliver and Ulph Dr Webster, M.P.C., Runholder J. M. Ritchie. Russell, Ritchie, and Co. )algety, Nichols, and Co. Nichols, and Co. 3utterworth Bros. 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 ies Copeland, Cumberland street W. J. M. Larnach, Guthrie and Larnach. Daniel Campbell, Great King street H. S. Pish, jun., Princes street W. M. Hodgkins, of Howorth and Hodgkins R. H. Leary, High street J. H. Harris, Solicitor WiHiam Eraser, of- Strode and Eraser, Runholders 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 Eulton J. Brown, sen. C. R. Chapman, Barrister The Hon. James Paterson W. Gellibrand, Runholder D. P. 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 T*- Edward Hulme a Douglas, Runholder, Mount Royal '. Wright, Wright, Stephenson and Co. G. P. Reid, Stafford street R. Paterson, 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, Barrister-at-Law W; D. Murison, Editor " Daily Times " Charles De V. Teschemaker, Runholder, Taipo, Oamaru 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 H. J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin ies Allen, M.P.C, East Taieri vv uliam Snow, Outram, West Taieri A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Robert Pritchard, Arrow Walter Inder, Naseby M. J. Malagan, Queenstown Job Wain, Manse street James Pulton, R.M. John Scanlan, Scanlan Brothers, Princes street William Kennedy, Rattray street The Hon John M'Lean, Redeastle, 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 been long felt, it has been determined by the Provisional Comto supply the same by placing before iblic the present carefully considered me, with the full confidence that it mil 2nd. As a first step, it is proposed to offer to the people of this Colony one hah! 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 hi kept. 3rd. It- is Intended that the Head Office of the Bank 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 tho 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 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 Bank to aid and conserve alike the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artizan, and Laboring Classes will each have fair treatment and support from the Colonial Bank. To the Mining Interest, special attention will be given, with a desire to acquire for tho 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 coinage. Gth. It is not intended by the Promoters that this Bank shall purchase Gold, but merely be prepared to make advances upon it until realised, in the same manner that it mil be ready to do upon wool, groin, or other produce. 7th. The amount of New Zealand money in tho hands of the threo Banks from Australia • • ';he 31st Dece:- 1 - feral, retti out giving odd numbers; — ' Deposit. Circ' ' " ™ Union Bank of . Australia ... £870,000 £123,425 £993,425 Bank of. New South Wales 560,000 104,843 064,849 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 m Melbourne or Sydney to control or manipulate 9 it. may please their tastes ; or as it may be onvenient for the, good of commerce in Victoria or Now South Wales ; or for the beneficial regulation of'their exchange operations in those Colonies.