Companion I^TEW ZEALAND TRUST AND LOAN 11 COMPANY. ' (LI MITE D.) CAPITAL, £500,000. In 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 Now Zealand. Trustees : Eobert Brooks, Esq., M.P. G> Grenfell Glyn, Esq., M.P. J. J. Cummins, Esq. DIEECTOET : 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 " i F. G. Dalgety, Esq., Messrs Dalgety and Co., | Gresham -street I H. Selfe Selte, Esq., English agent for the Govern- | ment of Canterbury, New Zealand ! R. A. Brooks, Esq., Messrs Robert Brooks and Co., , St. Peter's Chambers, Cornhill. ( Bankers : In London— Messrs Glyn, Mills and Co. In New Zealand— The Union Bank of A ustfalia Solicitors: Messrs Freshfields asd Newman. Brokers : Messrs Mullens, Marshall and Daniel, 3 Lombarkstrect Messrs A. J. Brunton and Son, Auction Mart. Sectretars : W. D. Carruthers, Esq., pro. tern. Offices : 31 New Broad-street, city, E.C. This company is established for the purpose of supplying to the thriving andincreasingly 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 system 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 shnre (of which £2 will be I 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 iv 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. j New Zealand sffers peculiarly favorable opportunities for operations of the naturepropoaed ; the prosperity of the settlers enables them to employ i with profit large sums of money at rates of interest j 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 j improving valuo, as the energies of the colonist, the '■ increase of population, and the resources of the \ , colony itself become further developed. j I These circumstances, and the successful opera* j ions of companies of this description in_ other j ' olonies, justify the directors in anticipating an j mply remunerative return to shareholders. THE j COLONIAL INSURANCE COMPANY. (Empowered b t 4ct or Parliament.) FOR FIRE INSURANCE, LIFE ! ASSURANCE, AND FIDELITY GUARANTEE. Subscribed Capital £200,000 j Paid-up Capital £40,000, LIABILITY UNLIMITED. Head Offices : j No. 4 Collins-street west, Melbourne j Directors : j W-. H. Woodville, Chairman " j K. "NT. Smith, Vice -Chairman I John Carson W. Ford | George Lewis Hon. J. M'Crea, M.L.C .^SUITING ACTTT AttY : *Villinm Thomas Woods. Medical Referees : David , Thomas, M.D., William Henry Cutts, M.D. Solicitor .• James Smith. Secretary : Charles James Lucas. INVERCARGILL AGENCY. Medtcal Referee : DR. 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 w*7 approve of, without reference to the Head Office. All claims settled with the utmost promptitude. . „., Table* of Rates of Life Insurance in nil its several branches, Rates for Fire Policies, and Terms for the Guarantee Department, may be obtained from ROBERTSON and CO., AUCTIONEERS, Tay-street, InvercAbgill. NOTICE. fTPHE 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 J. H. STIRLIirG, Tay-street. /^IOLIN N. CAMPBELL & CO. have \J for sale, ex Wm. Buchanan, 14 ladders, various length*.
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https://paperspast.natlib.govt.nz/newspapers/ST18630501.2.24.5
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Southland Times, Volume I, Issue 50, 1 May 1863, Page 4
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784Page 4 Advertisements Column 5 Southland Times, Volume I, Issue 50, 1 May 1863, Page 4
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