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Prospectus. Sth. The Promoters, iniplacing 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. - Sth. 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 Ss 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 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. 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 Director’s 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 FOB SHARES. Date 1874. 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 loss number that may be allotted to me, and X 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 25,475 Shares, which they are prepared to take if allotted to them. On Sale TUST RECEIVED J AND NOW ON SALE, A Prime Assortment of— Hams and Bacon, Canterbury Cheese, Wood’s Flour, Sharps, Brau and Oatmeal. Grain of all kinds, and Shipping Stores of every description, always on hand. " MoINTYRE & Co. United States Consulate, 29th June, 1874. QN SALE BY THE UNDERSIGNED. Duff Gordon’s sherry, in qr-casks Mason Brothers’ sherry, do Kopke’s port do Guinness’ stout, bottled by Foster Bass’ ale do do Martin’s Invercargill ale, in bulk Henry White’s rum, 14 and 34 o.p. Thos. Lowndes’ do 14 and 34 o.j>. Lemon Hart’s do 14 and 34 o.p. Henry White’s red heart ruin, in case B. and E. Perrier’s “ carte blanche” champagne B. and E. Perrier’s “ chateau raizan” claret Martell’s brandy, in qr-casks and cases . Hennessy’s do do do Leooq Freres’ brandy, in case, various ages Californian and Australian wines JDKZ Geneva, four gallons, proof spirit Cura(?oa shrub Whybravv’s pickles Colman’s starch Colman’s mustard, DSF Tasmanian hops Sulphur, vvoolpacks, twine Boots and shoes in great variety Invoices of earthenware and glassware Also, for Sale— Just arrived per La Hogue, 100 CASKS PORTLAND CEMENT 2 cases varnish. 50 (hums linseed oil 50 do boiled oil 50 do turpentine 100 cases Guinness’s .stout (bottled by Foster) in quarts and pints 8 tanks malt 10 cases (in 3 doz tins) herrings JOHNSTON & CO. Importer’s. UST LANDED, and on SALE, by the UNDERSIGNED, 10 Hhds Whitbread’s Stout. JOHNSTON and CO. Wellington, ISth June, 1874. 'PIDMOND’S PIG BRAND STOUT, Quarts and pints—very superior. J. DKAN SFIELD. USTRALIAN HARDWOOD, SHAFTS SPOKES, FELLOES, NAVES, &c. J. DRANSFIELD. COCKSFOOT and PERENNIAL RYE GRASS SEED, Canterbury Cheese, Hams, and BACON. J. DRANSFIELD. D EINHARD’S No. 2 MOSELLE, guaran--teed to be the genuine article" Inferior brands may be easily detected by the muddy appearance of the wine. • J. DRANSFIELD. KINAHAN’S LL WHISKY : This justly celebrated arid delicious old mellow spirit, is the very cream of Whiskies; iu quality unrivalled, perfectly pure, and more wholesome than the finest Cognac Brandy. J. DRANSFIELD. CHAMPAGNE VINEYARD, PROPRIETORS’ CASE BRANDY, fully equal—if not superior—tothe two now celebrated brands, and sold at a considerably lower price. J. DRANSFIELD. PALE AND BROWN SHERRY. .Very superior quality. J. DRANSFIELD.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18740720.2.17.6

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXIX, Issue 4159, 20 July 1874, Page 4

Word count
Tapeke kupu
1,003

Page 4 Advertisements Column 6 New Zealand Times, Volume XXIX, Issue 4159, 20 July 1874, Page 4

Page 4 Advertisements Column 6 New Zealand Times, Volume XXIX, Issue 4159, 20 July 1874, Page 4

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