prospectus WELLINGTON BUILDING SOCIETY (1880). To be Established under the Building Societies Act, 1876, upon the Terminating Principle. Committee op Management ; ALFRED BOARD MAN, Esq., CHARLES T. BENZONI, Esq., SAMUEL BROWN, Esq., ROBERT BURRETT, Esq., DANIEL McINTYRE, Esq., ■ THOMAS McKENZIE, Esq. SURVEYOR : C. JULIUS TOXWARD, Esq. solicitors ; Messrs. MOORHoUSE, EDWARDS, and CUTTEN. auditors : SAMUEL CARROLL, Esq., DAVID T. STUART, Esq. BANKERS I THE NATIONAL BANK OF NEW ZEALAND. Shares, £SO Each. ■Entrance Fee, 2s. 6d. per Share. Monthly Subscription, sa. per Share, payable upon the second Thursday in each Month, commencing with the month of January, 1830, ■ Forms of application for Shares to be obtained at the Offices of the Society, Panama Chambers. CHARLES WHITE, Actuary and Secretary. Wellington, Ist November, 1879. ROSPE C T U S OP THE WELLINGTON SMALL FARM ASSOCIATION, Under the Auspices of the WELLINGTON WORKING MEN’S CLUB. President : Hon. Randall Johnson. Vice-President : C. J. Johnston, Esq. Hon. Treasurer : W. H. Levin, Esq., M.H.R. Trustees; F. A. Krull, Esq., W. Hutchison, Esq., M.H.R., George Crawford, Esq, J.P. Provis.onal Directors : Alfred Linds'T, Esq., Thomas Whitehouse, Esq., E. H. Cheese, Esq. Appointed by the Wellington Working Men’s - Club, at a Special Meeting held for that , purpose, October 13th, 1879. Mr. O. C. Heidkn, President Working Men’s Club. Mr. Andrew Orr, Member of Committee, Working Men’s Club. Mr. John Young, Member of Committee, Working Men’s Club. Mr. Henry R. Jury, Member of Committee, Working Men’s Club. Bankers ; The Colonial Bank op New Zealand. Solicitor : W. H. Quick, Esq. Auditors ; H. F. Logan, Esq., Thomas McKenzie, Esq. Se'retary : Mr. William Wtlib. This Association is promoted with the object of securing for its members freehold farms in the Waimate Plains lor some other suitable locality) on the moat favorable terms and conditions, with a view of supplying, to some extent, the great and increasing demand for small holdings for bona fide settlement. As soon as the block is decided upon, and the preliminaries arranged, it will be surveyed into sections of limited area and apportioned, by lot or otherwise, according to rules to be agreed upon at a general meeting of the subscribing members of the proposed Association, in selections of a minimum value of One Hundred Pounds (£10(1) sterling, and a maximum value of Four Hundred Pounds (£400) sterling. . The Provisional Directors will endeavor to induce the Government to grant to members of the Association such modifications of the land on deferred-payment clauses of the Laud Act, 1867, as may facilitate occupation by bona fide settlers and subscribers without necessitating strict compliance with the present provisions of those clauses. The Provisional Directors will also endeavor to make provisions for ample reserves for religious, educational, recreation, and public health purposes, as suggested by the Minister of Lands to the deputation which lately waited upon the Government with the view of bringing this scheme under their notice and favorable consideration. The payments are to be computed on some well-defined, liberal, and easily-understood system of deferred payments, to be made by instalments extending over a period of, say not leas than ten (10) years. Each subscribing member will be required to deposit a sum equal to ten per centum of the total value of the share of land he applies for before his application can be entertained, and a further payment of two per centum per month on said total value until such time as the block to be applied for I* acquired by the’Association, and possession can ba given to applicants, or until such time as the Association shall make arrangements with the Government for allotting land to the subscribers, provided always that such monthly payments of two per centum do pot extend to a further period than .six months from date of application. All moneys received are to be paid into the Colonial Bank of New Zealand to the Association’s account, to be opeped in the name of the Trustees, on fixed deposit bearing interest, and no withdrawals or payments to be made by cheque against such account without the authority and signatures of the Treasurer, one of the Trustees, and three Directors, being first obtained. Agents, or Acting-Directors, for the Association, will also be appointed in all the centres of population throughout the provincial district as soon as practicable. As soon as, in the opinion of the Provisional, Directory a sufficient number of shares are applied for, a general meeting of subscribing members will be called for the purpose of passing and adopting permanent rules and by-laws or. Articles of Association for the future guidance of the Association, and also for the election of a permanent Board of Directors and Management. If the Provi-ional Directors are unable to make satisfactory arrangements with the Government, or if from any other causa they find that they are unable to carry out the scheme sugge ted by his prospectus, they may return to each subscriber the amount of his subscription with accrued interest, less his share of the expense or liabilities then incurred. As it is of the utmost importance and imperatively necessary that no time should be lost in organising the business of the Association, the Provisional Directory, therefore, stipulate that the Hat of subscribing members should be finally closed not later than the 81st January, 1880. Terms of proposal and application for shares and other information connected with the Association may be procured from the Provisional Directors, the Secretary pro. tern,., or at the Wellington Working Men’s Club, Lambton-quay. Applications, with amount of deposits, to be lodged with the Colonial Bank of New Zealand, Wellington. WILLIAM WYLIE. Secy, pro tem, Wellington, November, 1879. QECOND Conveyances o T I C E. COBB AND CO.’S MAIL COACHES. NAPIER SERVICES. Monday, Wednesday, and Friday. Masterton 3.15 p.m. Bketahona ar7. Op.m. Eketahuna, dep. following morning 4.15 a-m. Kopua 2. 0 p.m. Napier 6.30 pwm. HASTWELL, MAOAEA, AND CO., Monday, Wednesday and Friday. Napier, dep. 7.35a.m. Kopua 11.45aan, Eketahuna 8.30 p.m Eketahuna, dep, fol* ow ng m orn-J ing 7. oa.m. Masterton 11. 0 am.
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https://paperspast.natlib.govt.nz/newspapers/NZTIM18791129.2.24.4
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New Zealand Times, Volume XXXIV, Issue 5825, 29 November 1879, Page 4
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999Page 4 Advertisements Column 4 New Zealand Times, Volume XXXIV, Issue 5825, 29 November 1879, Page 4
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