‘Meeting's ' gTAB BOATINS'CLU B The Annual General Meeting of the Star Boating Club will be held at the Bier, Hotel on WI'DNI-MJAY EVENING NEXT, the 9th INSTANTVat 8 u.m. E. C. BATKIN, .? . : . . Hon. Secretary,. :j ' Wellington, 7th Oct., 1878. . . ,■ WELLINGTON, AMATEUR ATHLE-' tic Club. Proposed Gymnasium. , Those Gentlemen {over a hundred In number) who have promised to support a Gymnasium in connection with the above Club, are requested to attend at the Star Hotel on Friday, the 11th instant, at 8 p.m. punctually., W. L. Rees,.Esq., 1 M.H.R, in the chair., J. BERRY, Hon. Sec. Education U I G H E R-g. E,h D O A T I O N. MR. JOHN GAMMELL, 8.A., of London University, has returned to Wellington and resumed, Private Teaching. He prepares Young Men for University, Civil Service, and other Examinations. Mr,' Gammell will reopen his School after Christmas, and in the meantime is forming an EVENING GLASS for Students engaged during the day. Term 'on application. • Present Residence—Wordsworth-street, lop •f Upper Prospectus ROSPECTUS OP THE NEW ZEAI AND LAND AND LOAN COMPANY, ■ (Limited), To he Incorporated under the Joint 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 be reserved for subscription in the United Kingdom. Proposed Calls :—2s. 6d. per Share on application ; 2s. 6d. per share on allotment ; 2a. 6d. per Share two months after allotment . uid 2s. 6d. per share four months after allotment ; six months’ 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 O. of New Zealand The Hon. John Ballancb, Colonial Treasurer of New Zealand 'he Hon. Robert Stout, Attorney-General of New Z -aland James Allen, Esq,, of Dunedin O. Julius Toxward, Esq., Surveyor, Wellington Thomas Whyte Younc, Esq., Merchant, Wellington Robert Greenpibld, Esq., Merchant, Wei- ■ lington. Bankers : The Bank of Australasia. 1 Solicitors : T ■ Messrs. Sievwrioht and Stout. Wellington. Surveyor and Valuator : -T C. Julius Toxward, Esq., Wellington. Interim Secretary : William Sievwrioht, Esq., Solicitor, Wellington. Temporary Offices : Lloyd’s Rooms, Brandon-street, Wellington. : The Company is formed for two objects : Ist and chiefly, for lending 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 in or new a cities or towns, or centres of population, in the Colony, of New Zealand, and thereafter selling it again in whole or in lots as may suit purchasers. With a fast increasing population both in town and country, a very fine climate, and land of great fertility opened up by the construction of roads ami. railways, there is au almost, inexhaustible field for the profitable investment, of money iii the manner proposed by this Comp my, and it is one very little occunied. This Company intend* .to occupy that 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 the 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 cose will money be lent otherwise than upon the security of landed property, a safe margin being always kept. The system which prevails all over the colony in the buying of laud is 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 the price is fully paid up. This Company, in consequence of being in a position to pay in Cash at once, will certainly be able to buy property.on much more favorable terms than buyers on deferred payments ; and it is certain that by- the exercise of ordinary care a safe' and very profitable kind of j-buspiess 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 those of this Company have been able, notwithstanding very limited resources, not oniy to pay large dividends, but also to add to capital. It is hot intended to call up more than £1 per share, at the outset at least. 1 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 divdend 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. The turnover of capital will be quick, and there .will no doubt be available soon a considerable amount of money from deposits made by people both at Home and in New Zealand, so that a large paid-up capital is not necessary. - ; Prospectuses, with Forma of Application for Shares, may bo obtained at the offices of the Company or from the Banners, at the Wellington office, or at any of the branches, and the Memorandum and Articles of Association may be seen in the hands of the Secretary. Should no allotment be made the deposit will be returned without any deduction. Lloyd’s Rooms, Bra'idoa-street, : : Wellington, October, 1878. rriEE WELLINGTON CITY TRAMJL WAY COMPANY (LIMITED). Capital—£6o,ooo, in 10,000 Shares of £5 each. £40,000 of the capital has already been expended for Works, Plant, Rolling Stock, &c. The remaining £IO,OOO, with all premiums received from purchasers of shares, will be expended in extending the Line and in additional Rolling Stock and Plant. Directors ; 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. Kenmdy Macdonald, Esq. Hon. J. Sheehan, M.H.R. C. W, Schultze, Esq. W. T. L. Travers, Esq. W. Conyers, Esq., C.E. Applications fob Unalloted Shares. The Directors of the above Company are prepared to receive applications until the 28th October, 1878, for A LIMITED NUMBER OF SHARES, payable as follows : Deposit on application, Ids. per share „ on allotment, 10s. do. do. Balance, by calls of not less than 20s. per • share, at- intervals' of not less than three 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 call. ■ ' . Applications for shares, accompanied by the necessary deposit, may be made at the Bank of New 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, Lambtoh-'quay, and at their bankers, the Bank of New Zealand, o : . 1 N.JB.—A large amount of the capital having been , subscribed by the Directors and the oilier original Shareholders, the number of shares now spot for cdtvtmati is mva&arity Imieod,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/NZTIM18781009.2.17.4
Bibliographic details
Ngā taipitopito pukapuka
New Zealand Times, Volume XXXIII, Issue 5471, 9 October 1878, Page 3
Word count
Tapeke kupu
1,201Page 3 Advertisements Column 4 New Zealand Times, Volume XXXIII, Issue 5471, 9 October 1878, Page 3
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.