Page 1 Advertisements Column 3

Oamaru Mail, Volume III, Issue 790, 23 October 1878, Page 1 (Supplement)

PROSPECTUS land, and branches, or from Mr. J. A. Mackeazie, the Company's broker, or Mr, W. J. Smith, Oamara, STATEMENT SHEWING VALUE OF THE SHARES IN THa WAGGON COMPANIES IN GREAT BRITAIN AS QUOTED IN "FINANCIAL OPINION " FOR MAY, 187 S. Amount c of Paid. Present Shares. Value. Birmingham Waggon Company £lO £lO £I7J Midland Railway Car and WagMidland Railway Car and Waggon Company Metropolitan Car and Waggon Company Brown, Marshall, and Co. . (Limited) Railway Car Company (Limited) Starbuck Car and Waggon Company Bristol and South Wales Waggon Company (Limited).. British Waggon Company (Limited) North Central Waggon Company Sheffield Waggon Company .. Yorkshire Railway Waggon Company .. 10 10 l&f 10 10 13 20 10 lIS 20 20 27} 20 15 17 10 10 14 Bristol Waggon Works Company 20 10 111 The dividends paid by the above-men-tioned companies have ranged from 9 to 20 per cent, per annum. 990 PROSPECTUS OF THE NEW ZEALAND LAND AND LOAN COMPANY (Limited). (To be incorporated under the Joint Stock Companies Act, 1560.) Capital £1,000,000, In 200,000 Share 3of £5 each, with power to increase. 100,000 Shares are proposed to be placed in New Zealand, and 100,000 to be reserved for subscription in the United Kingdom. Proposed Calls :—2s 6d per Share on application ; 2s 6d per Share on allotment; 2s 6d per Share two months after allotment; and 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.C. of New Zealand ; the Hon. John Ballance, Colonial Treasurer of New Zealand; the Hon.

Robert Stout, Attorney-General of .New Zealand; James Allen, Esq., of Dunedin; C. Julius Toxward, Esq., Surveyor, Wellington ; Thomas Whyte Young, Esq., Merchant, Wellington; Robert Greenfield, Esq., Merchant, Wellington. Bankers : ! The Bank of Australasia. | Solicitors : ' ;,lessrs. Sievwright and Stout, Wellington. SURVEYOR AND VALUATOR : 0. Julius Toxward, Esq., Wellington. Interim Secretary : William Sievwright, Esq., Solicitor, Wellington. Temporary Offices : Lloyd's Rooms, Brandon-street, Wellington. This Company is formed for two objects : Ist, and chiefly.—For lending money at current rates of interest upon the security of landed property situated in New Zealand ; and 2nd.—For acquiring, when deemed advisable, lauded property situated in or near to 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 and railways, there is an almost inexhaustible field for the profitable investment of money in the manner proposed by tills" Company, and it is one very little occupied. This Company intends 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 advantage 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 prevails all over the' Colony in the buying of land i 3 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 business can be done by buying land 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 LI per share, at the outset at least. The promoters consider that, with 10a. per share paid up the Company may make a fair beginning ; and they confidently anticipate hat besides paying a good dividend to the shareholders, the Directors will also, by judicious investments in landed property, be able from time to time, out of profits, to make additional capital. The turn oyer 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 forms of application for shares, may be obtained at the Office 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 bo seen in the hands of the Secretary. Should no allotment be made, the deposit will be returned without any reduction. _ Lloyd's Rooms. Brandon-street, Wellington, October, 1878.

FORM OF APPLICATION FOE SHARES. TO THE DIRECTORS OF THE NEW ZEALAND LAND AND LOAN COMPANY (LIMITED). Gentlemen - , Having paid to your account with the Sum of being a Deposit of 2s. B<l. per Share on Shares in the above Company, I request that you will allot me that number of Stores ; and I hereby undertake to accept the same or any less number of Shares that may be allotted to me, and to pay the Calls or Instalments thereon in terms of your Prospectus, dated 1878. Name in full Profession, Occupation, or Quality Address Signature Date The above to be retained by the Bankers, and by them transmitted to the Company. BANKER'S RECEIPT. Wellington, ' 1878 Received of. on account of " The New Zealand Land and Loan Company, Limited," the sum of Pounds, being a Deposit of Two Shillings and Sixpence p--Share on Shares in the above Company. xhis receipt must be held by theJApplicant until the Certificates are issued.) 98