In Bankruptcy IN THE SITFRI4M.E -Cul/itT OF NEW ZLh-vLAND. WELLINGTON DISTRICT.. IN THE MATTER OF THE DEBTORS AND CREDITORS ACT, 1870, * And Of the Bankruptcy of THOMAS CARTER, of the city of Wellington, Hotelkeeper,'a Debtor. TAKE NOTICE that it is the intention of tho above-named debtor, Thomas Carter, to apply’to this honorable Court, at the sitting thereof in bankruptcy at the Supreme Court, Wellington, on TUESDAY, the 22nd day of OCTOBER instant, at 11 o’clock in the fore, noon, for an immediate order of discharge. Dated this 7th day of October, 1878. DULLER & LEWIS, Solicitor* for the Debtor. ■Prospectus . PR OSPEC TU S 0 F TH E NEW ZEA! AND LAND AND LOAN COMPANY, (Limited), To be Incorporated under the Joiut Stock Companies Act, 1860. CAPITAL ... ... £1.000,000 (In 200,000 Shares of £5 each, with power to increase). 100,000 Shares are proposed to be placed in New Zealand, and 100,00 ! > to Vie reserved for subscription in the United Kingdom. Proposed Calls 2a: 6d. per Share on application; 2s. Gd. per share on allotment; 2*. 6d. per Share two months after allotment ; and 2s. 6d. per share four months after allotment ; six mouths’ notice to be given of any further calls. PROVISIONAL- DIRECTORS-: The Hon. Wm. Hunter Reynolds, of Dunedin, M.L.C. of New Zealand The Hon. John Martin, of Wellington, M.L.C. of New Zealand The Hon. John Ballance, Colonial Treasurer of New Zealand Tho Hon. Robert Stout, Attorney-General of New Z aland James Allen, Esq., of DunedinC. Julius Toxward, Esq., Surveyor, Wellington Thomas Whyte Young, Esq., Merchant, ' Wellington Robert Greenfield, Esq., Merchant, Wellington. Bankers : The Bank of Australasia. 1 Solicitous : Messrs. Sievwbight and Stout, Wellington. Surveyor and Valuator : 0. Julios Toxward, Esq., Wellington. Interim Secretary : : William Sievwright, Esq., Solicitor, Wellington. Temporary < Offices : ■ Lloyd’s Rooms, Brandon-street, Wellington. The Company is formed for two objects let and chiefly, for leading money at current rates of interest upon the security of landed property situated within the Colony of New Zealand ; and 2nd, for acquiring, when deemed advisable, lauded property situated morne ir to cities or towns, or centres of population, in the Colony of New Zealand, and thereafter selling it again in whole or in lobs as may suit purchasers. W>th a fast increasing population both in | town and country, a very fine climate, and j land of great fertility opened up by the con--1 Bfcrnction of roads and railways, there is an I almost inexhaustible field for the profitable inI vestment of money in the manner proposed by j this Company, and it is one very little occupied. This Company, intends to occupy that 1 field, and to offer to the public—particularly to farmer-settlers and the working population generally—facilities for acquiring property and for erecting houses, or effecting other substantial improvements thereon, on reasonably moderate terms. And the Company can do so profitably to tho Shareholders, while at the same time help is given to people who are willing to pay adequately for the advantages and accommodation offered. In no case will money be lent otherwise than upon the security of landed property, a safe margin being always kept. The system which p evails all over *tho colony in the buying of laud ia that of deferring payment of the price,—so much being paid as a deposit when the purchase is made, and the remainder by bills for instalments, spread over a limited period of from one to three years, the title being only granted when, tho price is fully paid up. This Company, in consequence of being ia a position to pay in Cash at once, will certainly be able t buy property on much more favorable terms than buyers on d-ferred payments ; aud it Is certain that by the exercise of ordinary care a safe and very profitable kind of business can be done by buying laud and selling again in lots to suit purchasers. * It is very well known that Companies in New Zealand having objects similar to chose of this Company have been able, notwithstanding very limited resources, not only to pay large dividends, but also to add to capital. It is not intended to call up more than 761 per share, at the outset at least. The promoters consider that, with 10s. per share paid up, the Company may make a fair beginning ; and they confidently anticipate that, besides paying a good dividend to the Shareholders, the Directors will also, by judicious investment in lauded property, be able from time to time, out of profits; to make additions to capital. Tho turnover of capital will be quick, and there will no doubt be available soon a considerate amount of money from deposits,made, by people'both at Home anti in New Zealand,, so that a largo paid-up capital isanot ncct-s----sary. ■, -a a : v Prospectuses, with Forma of Application for Shares, may be obtained at the offices of the Company or from the Bankers, at the Wellington office, or at any.of the branches, and. the Memorandum and Articles of Association may be seen in the bands of the Secretary. Should no allotment be made the deposit .will be returned without any deduction. j Lloyd's Rooms, Brandon-street, Wellington, October, 1878. , The Wellington city tram- • WAY COiMPANY , (LIMITED). Capital—£so,ooo, in 10,000 Shares of £5 each. £40,000 of the capital has already been expended for Works, Plant, Rolling Stock, &c. Tho remaining £IO,OOO, with all premiums received from purchasers of shares, will bs expended in extending the Line aud in additional Rolling Stock and Plant. Dibectobs ; Edward Toomath, Esq;; Chairman., John Henderson, Esq., C.E. , Robert Greenfield, Esq. ; ... Henry Mace, Esq/ H. W. Diver, Esq., M.R.C.P. E. W. Mills, Esq. T. Kennedy Macdonald, Esq. y, Hon. J. Sheehan,, M.H.R. C. W. Sohultze, Esq. W. T. L; Travers, Esq; " ■ - W, Conyers, Esq.; C;E. 1 ’ ■ Applications fob CJnalloted Shares. The Directors of the - above> Company are prepared to receive’applications until tho 28th October, 1878, for ■ ■' A LIMITED NUMBER OF SHARES, payable as, follows Deposit on application, 10s. per share ■ „. on allotment, ios.-do,;do. Balance by calls of not leas than 20s. per share, at intervals of not less ,than throe months, ' , Allotment will be made in order of priority of application and amount of premium offered, and applicants will state, the premium they are prepared to pay, such premium to be paid on allotment being made, in addition to the allotment cull, ~ .. Applications for shares, accompanied by tho necessary deposit, may be made at the Sank of Now Zealand until the 20th October, when the Share List will finally close. ■ / Forms of application and all particulars can be obtained at the offices of the Company, Lambton-quay, and at their bankers, tho Bank of Now Zealand, N.B.—A large amount of the capital having icon subscribed hy the Directors and fhe other original Shareholders, the numlcrof shares pow open is necessarily limited- .t / j TO LET, during the Session, well-fur. 1 nished Apartments on" the Terrace. Splendid view of the harbor ; plunge and shower bath. Apply Lancaster ‘House, two j doors botaw Jewish Synagogue., ■ - 1,
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New Zealand Times, Volume XXXIII, Issue 5470, 8 October 1878, Page 3
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1,164Page 3 Advertisements Column 3 New Zealand Times, Volume XXXIII, Issue 5470, 8 October 1878, Page 3
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