Cotnpanirs. TVTEW ZEALAND TRUST AND LOAN H COMPANY. (LIMITED.) CAPITAL, £500,000. Ih 20,000 Shares of £25 each (with power to increase). £1 per share to be paid on application, and £1 on Allotment. 2000 Shares to be reserved for New Zealand. Tbustees : Eobert Brooks, Esq., M.P. G. Grenfell Glyn, Esq., M.P. J. J. Cummins, Esq. Dibectobt : Sir Charles Clifford, late Speaker of the House of Assembly, New Zealand Sir J. H. Pelly, Bart., Warnham Court, Horsham Captain Henry Carr Glynn, R.N., 15 -Eaton-ter-race, Eaton-square F. G. Dalgety, Esq., Messrs Dalgety and Co., Gresham-street H. Selfe Selfe, Esq., English agent for the Government of Canterbury, New Zealand R. A. Brooks, Esq., Messrs Robert Brooks and Co., St. Peter's Chambers, Cornhill. Bahkees: In London — Messrs Glyn, Mills and Co. In New Zealand — The Union Bank of Australia Soiicitobs ; Messrs Freshfields and Newman. Beoeees : Messrs Mullens, Marshall and Daniel, 3 Lombarkstreet Messrs A. J. Brunton and Son, Auction Mart. SECESESAES : W. D. Carruthers, Esq., pro. tent. Offices : 31 New B»»ad-street, city, E.C. This company is established for the purpose of supplying to the thrivingandincreasingly important colony of New Zealand those advantages which are already enjoyed by the colonies of Australia and Canada, by the Trust and Loan Societies now existing. Its operations will consist of loans and advances on mortgage upon real security in New Zealand, for which the sjstem of public registration of land established there affords great facility, with perfect safety. The company will also be prepared to make advances on securities of a substantial character, including those to municipal bodies upon their bonds. It is not proposed that more that £5 shall be called upon each £25 share (of which £2 will be sufficient for present purposes), but that to the extent of the remaining £20 per share, the company shall exercise its borrowing powers for procuring money in Great Britain upon debentures for terms of years at a fixed rate of interest. This money will also be lent in the same manner as the paid-up capital, and the lenders will be protected both by the securities taken and by the subscribed but uncalled capital, which will itself be equal to the entire amount borrowed. New Zealand offers peculiarly favorable opportunities for operations of the natureproposed ; the prosperity of the settlers enables them to employ with profit large sums of money at rates_of interest considerably higher than those ordinarily current in England ; the simplicity of the local laws affecting real estate affords a safe and inexpensive mode of granting security ; and property is of steadily improving value, as the energies of the colonist, the increase of population, and the resources of the colony itself become further developed. These circumstances, and the successful operaions of companies of this description in_ other olonies, justify the directors in anticipating an mply remunerative return to shareholders. THE COLONIAL INSURANCE COMPANY. (Empowbbed by Act of Pabliament.) FOR FIRE INSURANCE, LIFE ASSURANCE, AND FIDELITY GUARANTEE. Subscribed Capital £200,000 Paid-up Capital £40,000. LIABILITY UNLIMITED. Head Opfices : No. 4 Collins-street west, Melbourne ] DIEECTOES : W: H. Woodville, Chairman j R. M. Smith, Vice-Chairman John Carson W. Ford j George Lewis Hon. J. M'Crea, M.L.C j ifTSUI/TING ACTTTAEY : fVilliam Thomas Woods. Medical Repebees : David . Thomas, M.D., William Henry Cutts, M.D. Solicitoe ; James Smith. Seceetaby : Charles James Lucas. j INVERCARGILL AGENCY. Medical Repeeee : DB. BERNDT. Agents : ROBERTSON and CO. The undersigned having been appointed Agents for SOUTHLAND, Are prepared to receive Propossls in the FIRE, LIFE, OR GUARANTEE DEPARTMENT, And are authorised to accept such as they may approve of, without reference to the Head Office. All claims settled with the utmost prompts tude. . . Tables of Rates of Life Insurance in all its several branches, Rates for Fire Policies, and Terms for the Guarantee Department, may be obtained from ROBERTSON and CO., AUCTIONEERS, Tay-street, InvekcAßgill. NOTICE. HP HE undersigned having leased the *" premises heretofore occupied as a Bake house by Mr J. H. Stirling, Tay-street, hope by strict attention to business and by the manufacture of first-class bread, to merit that favor so long bestowed upon their predecessor. Orders from Grocers and Private Families punctually attended to. HAMILTON & CLARKE, Tay-street. IN reference to the above advertisement the subscriber begs to return his sincere thanks for the liberal patronage he has so long received from his numerous customers, and can cordially recommend, as worthy of that patronage, his successors Messrs Hamilton and Clarke. Bread always on hand at his store as formerly. J. H. STIRLING, Taj-street. COLIN N. CAMPBELL & CO. have fot Bale, ex Wm. Buchanan, 14 ladders, variouß_lengths.
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https://paperspast.natlib.govt.nz/newspapers/ST18630428.2.27.5
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Southland Times, Volume I, Issue 49, 28 April 1863, Page 4
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757Page 4 Advertisements Column 5 Southland Times, Volume I, Issue 49, 28 April 1863, Page 4
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