Page 3 Advertisements Column 3

New Zealand Times, Volume XXXIII, Issue 5475, 14 October 1878, Page 3

-Prospectus Put OS P ECTU SO OF TH 33 .MW ZEALAND LAND AND LOAN COMPANY, _.• (Limited), • f To be Incorporate'! under the Stock Companies Act, ISGO. . CAPITAL ... ... £l-,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 luo,oo t to bo reserved fur subscription in the United Kingdom. Proposed Calls :—2s. 6tl. per ‘ Share on application ; 2s. fid, per share on allotment ; 2s.* fid. per share two months - after allotment; and 2u. fid. per share four months after allotment ; six months’ notice to be given of any further calls.' - ■ - PROVISIONAL DIRECTORS: The Hon. Wm. Hunter. Reynolds, of Dunr ; f©din, M.L.O. of New Zealand Th© 1 Hou. John Martin,- of Wellington, M.L C. of New Zealand The Hou. John Ballance, Colonial Treasurer of New Zealand The Hon. Robert Stout, Attorney-General of New Zealand James Allen, Esq., of Dunedin C. Julius Toward, Esq., Surveyor, Welling* • • • - ton ‘ • Thomas Whyte Young, Esq., Merchant, Wellington Robert Greenfield, Esq., Merchant,. Wellington. • Bankers : L - ' The Bank of Australasia. Solicitors; ' _ Messrs.. Sievwbight and Stout, Wellington. Surveyor and Valuator : v o.'* Julius Toxward, Esq., Wellington. V 7 ".‘lnterim Seckbtabt : William Sievwjught, -Esq., Solicitor, Wei- . , lington. .. , . _ • Temporary Offices :. .j Lloyd’s-Rooms, Brahdon-street, Wellington. The’ Company is- formed for two objects :—• Ist" 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, landed property situated .in or ueir to cities pi* 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 towii 'and country, a very, line climate, aud land of great- fertility opened up by the construction of roads and railways, there is an almost inexhaustible field for the profitable investment of money in the manner proposed by this Company, and it is one very little occupied. • • This Company .intends to occupy that field, and to effer 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 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 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. Ibis Company, in consequence of being in a position to pay in :Cash at ’once; will ourtainly be able t> buy property on much more favorable terms than buyers on deferred payments ; and H 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 those 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 £ I per share, at the outset at least. The promoters coneidor that, with 10s. per share paid up, the Company may make a fair beginning; and' they, confidently anticipate that, besides paving a good'dividend to the Shareholders, the Directors will also, by judicious investment in landed property, be able from time to time, out *of profits, to make 'additional capital. The turn over 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 iu New Zealand, so that a large paid-up capital is not necessary. Prospectuses, with Forms of Application for Shares, may be obtained at the office of the Company or from tho Bankers, at the Wellington office, - or at any of. the’ branches, and the Memorandum aud Articles of Association may be seen in the hands of the Secretary. ; Should no allotment be made the deposit will be returned without any redaction. Lloyd’s Rooms, Brandon-street, ; Wellington, October, 1878. iil OF APPLICATION FOR SHARES. TO THE DIRECTORSOF CE NEW ZEALAND ; LAND AND LOAN COMPANY (Limited). Gentlemen,— 1 :I " ' , ' : . Having paid to your account with .• ' the sum of ng a deposit of 2s. fid. per Share ou ares in the above Company, I request that i will allot me that number of Shares ; and tereby undertake to accept the same or any s number of Shares that may be allotted to , and to pay the Calls or Instalments thereon terms of your Prospectus, dated ■ 1878. Name in full Profession, Occupation, or Quality ‘Address ; ; Signature Date ■ The above to bo retained by the Bankers, d them transmitted to the Company. ' BANKER'S RECEIPT. - Wellington, 1878. Received of 7 account of “ The New Zealand Laud and tan Company, Limited/’ the sura of lunds, being a .Deposit of ’X’wo Shillings aud xpence per Share- on Shares in the ove Company. ...... For Bank. This receipt must be held by the Applicant until the Certificates are issued. WELLINGTON CITY TRAMWAY COMPANY (LIMITED). pitai—£so,ooo, iu 10,800 Shares of £5 each. £40,009 .of the capital has already been exided for Works, Plant, Rolling Stock, &c. e remaining £IO,OOO, with all premiums eived from purchasers of- shares, ■ .will be >euded iu extending the Liue and in addiaal Rolling Stock and Plant. ! Directors : Edward Toomatb, Esq., Chairman. : John Henderson, Esq., O.E. Robert Greenfield, Esq. Henry Mace, Esq. H. W. Diver, Esq., M.R.C.P. . K. W. Mills, Esq. -- - - T. Kennedy Macdonald, Esq, : Hon.' J. Sheehan, M.H.R. O. W. Schultze, Esq. W. T. L. Trovers, Esq. / W.-Conyers, Esq., C.E. aWlications for Ukalloted Sharks, Tho Directors of the; above Company are spared to receive applications until ; the at October, 1878, for LIMITED NUMBER OF SHARES, ‘ : ■ payable os follows Deposit on application, Ids. per share , r „ ,on allotment, 10s. do. do. Balance by ; calls of not less than 20s. per are, at intervals of not less than three Mlotment wlll.be made ,in order of priority application and amount of premium offered, i applicants'wW state the premium they i prepared to pay, such-premium to be paid allotment being made, in addition to the Ament call. ■ ' Applications for shares, accompanied by the eoessary deposit, may be made at the Bank t New Zealand until the 2Xst October, when re Share List will finally close. Forms of application and all particulars can be obtained at tho offices of the Company, Lambton-quay, and at their bankers, the Bank of New Zealand. l Yjß. —A large amount of.the capital having n subscribed by Vie Directors and the other ginal Shareholders, the numberpf shares now thfor allotment is necessarily limited. i JENNA TO HARRY SMlTH.—Please eond mo your address at once. All well CO, Address Simply to Monmouth.