Page 4 Advertisements Column 5

New Zealand Times, Volume XXIX, Issue 4161, 22 July 1874, Page 4

Prospectus. S P E C T XT S j_ 01' THE COLONIAL BANK OF NEW ZEALAND. Capital £2,000,000 In 400,000 shares of £5 each. 'ublic by a first issue of , viz., 20,000 shares, _ _ .. _ .. lied up as follows : Five shillings on application ; 10s on allotment ; 5s two months after allotment ; ss' four months after allotment ; 5s s after allotment ; which will amount to £300,000 paid-up capital at end of six months. No further Call will be made for twelve ■- •■"■ ied in Dunceed 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. Tolmie, M.H.R. B. Oliver, M.P.C, Oliver and TJlph Dr Webster, M.P.C., Kunholder J. M. Ritchie, Russell, Ritchie, and Co. Charles Nichols, Dalgety, Nichols, and Co. James Eattray, Dalgety, Nichols, and Co. J. L. Butterworth, Butterworth Bros. Robert Wilson, R. Wilson and Co. Keith Ramsay, Jetty street George M. Bell, Kunholder, 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 AV. J. M. Larnach, Guthrie and Larnach Daniel Campbell, Great King street H. S. Pish, jun., Princes street lodgkins, of Howorth and Hodgkins [. Leary, High street 3, Solicitor J. Logan, Kunholder Walter Miller, Kunholder. J. A. Connell, of Connell and Moodie W. D. Stewart, Barrister M. Price, Dunedin _ J. Brown, C. It. Chapman, Barrister The Hon. James. Paterson 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, EMerslie, Oi Robert Gillies, Gillies and Street Donald Reid, M.H.R. C. E. Rowden, Distiller, Cumberland street Charles Reid, Princes street K. Glendining, Ross and Glendining Dr. 35dward Hulme John Douglas, Kunholder, Mount Royal J. T. Wright, Wright, Stephenson and Co. G. P. Reid, Stafford street R. Paterson, Paterson and McLeod B. 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 ison, Editor " Daily Times " " Teschemaker, Runholder, Horace Bastings, M.P.C. W. North, North and Scoullar Hugh McNeil, Briscoe and Co. Bathgate, KM. B. Cargill, Cargills and McLean ... J. Walter, Manse street R. K. Murray, Rattray street James Black, Black and Thomson Marcus Hume, Dunedin James Allen, M.P.C., East Taieri William Snow, Outram, A. J. Smith, Contractor Thomas Birch, Merchant Ed. Herbert, Mayor of Lawrence Walter Inder, N: M. J. Malagan, Queenstown Job Wain, Manse street James Pulton, KM. _ .•others, Prin street William Kennedy, Eattray street The Hon John M'Lean, Redcastle, Oamaru With power to add to their number. Bankebs: The Union Bank of Australia. The Bank of Australasia. Ist. Tlio great want of a thoroughly Colonial Banking Institution for the whole Colony of New Zealand havin, been determined by • mittee to supply the : the public the present carefully considered scheme, with the full confidence that it will meet with very general support. 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 i instance will any of the remaining i 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 be kept. 3rd. It is Intended that the Head Office of the Bank shall bo in Dunedin, and that a General Manager of high professional standing shall bo appointed to guide the operations of the Bank; and also that a Board of qualified Directors shall be elected from among the 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 " l' Branches will gradually be opened ief Centres of Settlement throughout the interests of the whole community in this n„i,„„T The Mercantile, Trading, Pastoral, ral, Mining, Artizan, and Laboring scs will each have fair tr ywi. u from the Colonial Bank, , „ Interest, special attention will be given, with a desire to acquire for the 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. Oth. It is iiot intended by the Promoters that this Bank shall purchase Gold, but prepared to mako advances upon jalised, in the same manner that it will be ready to do upon wool, grain, or other produce. 7th. The amount of New Zealand money in the hands of the three Banks from Australia trading in the Colony on the 31st December last, as shown by their several returns furnished to the Government, appear thus, without giving odd numbers ; Deposit. Circulation. Total. Union Bank of Australia ... £870,000 £123,425 £993,425 Bank of New ■ South Wales 500,000 104,8-19 664,819 Bank of Aus■alasia ... 193,000 38,902- 231,962