Page 4 Advertisements Column 1

Oamaru Mail, Volume IV, Issue 805, 9 November 1878, Page 4

PROSPECTUS BO3PEOTUS OF THE NEW ZEALAND LAND AND LOAN COMPANY (Limited). (To be incorporated under the Joint Stock Companies Act, 1800.) Capital £1,000,000, In 5200,000 Shares of £5 eaob, with power to increase. 100,000 Shares are proposed to be placed in New Zealand, nnd 100,000 to be reserved for subscription in the United Kingdom. Proposed Calls :—29 6d per Share on application ; 2a 6d per Share on allotment; 2a 6d per Sharo two montha after allotment; and 2s Gd 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 flon. John Martin, of Wellington, M.L.C. of New Zealand ; tlio Hon. John Ballance, Colonial Treasurer of Now Zealand; the Hon. Bobort Stout, Attorney-General of New Zoaland ; James Alien, Esq., of Dunedin ; C. Juliua Toxward, Esq., Surveyor, Wellington ; Thomas Whytc Young, Esq., Merchant, Wellington; Robert Greenfield, Esq., Merchant, Wellington. Bankers: The Bank of Australasia. Solicitors : Moßsre. Siovwright and Stout, Wellington. SURVKYOR AND VALUATOR : C. Juliua r< ;ward, Esq , Wellington. Interim Secretary : William Sievwright, Esq., Solicitor, Wellington. Temporary Offices : Lloyd's Booms, 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 Now Zealand ; and 2nd.—For acquiring, when deemed advisable, landed 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 lino 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 this 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 eil'ecting 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 lor the advautngo and accommodation offered. In no ease will money be lent otherwise than upon the security of lauded property, u safe margin being always kept. The system which pre\ ails all over the Colony in the buying of land is that of deferring payment of the price—so much being paid as a deposit when tho purchase is made, and tho remainder by bills for instalments, spread over a limited period of from ono to three years, the title being only granted when tho 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 cave, a safe and very profitable kind of business can be done by buying iand 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 Au^capital. ™ is not intended to call up more than LI at the outset at least. The proiconsider that, with 10s. per share i the Company may make a fair K ; and they confidently anticipate Ides paying a good dividend to the *"- the Directors will also, by pnciits in lr.'iided property, be ii to time, out of profits, to ,1 capital. The turn over of pe quick, and there will no .vailablo soon a considerable ■ money from deposits made by *sth at Home and in New Zealand, .. large paid-up capital is not necesapectuses, with forms of application jnares, may be obtained at the Office of , i 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 bauds of the Secretary. Should no allotment be made, the deposit will bo returned without any reduction. Lloyd's Rooms, Brandon-street, Wellington, October, IS7S. aid to your account with ho Sum of of '2n. Cd. per Share on ;>vc Company, 1 request that you will nber of Shares ; and I hereby underc sitinc. or any less number of Shares ttcd to me, and to pay tho Calls or con in terms of vour Prospectus, IS7B. Signature Dato The above to bo retained by the Bankers, and b imitted to the Company. BANKER'S KECEIPT. Wellington, IS7B Rkcbivkh OF on account of " The New Zealand Land and Loan Company, Limited," the sum of Pounds, being a Deposit of Two Shillings and Sixpence per Share on Shares in the above Company. For Bank. This receipt must be hejd by tho Applicant until tho Certificates arc issued. OS BUSINESS NOTICES AKSHALI,, SONS, AND CO. ; (LIMITED), CtAinsbououoii, England. NEW ZKAL AN D DEP OT, Walkkk-strekt, Dunebtn. Portable atidStationary STEAM ENGINES, all sizes. Improved Traction Engines, of new design. Steam THRESHING MACHINERY, with latest improvements. SawiDg, Grinding, and Pumping Machinery. Tho whole of which are of best possible j construction, and for which they have re- j eeived over 140 FIRST PRIZES. The undersigned have received advice of an extra largo Biipply of all sizes of ENGINES AND THRESHING MACHINES, Lye this season, and for which, as Messrs. Marshall, Sons, and Co., low'booking orders at English