Page 1 Advertisements Column 7

Southland Times, Volume 2, Issue 4, 22 May 1863, Page 1

Companies;. NEW ZEALAND TRUST AND LOAN COMPANY. (LIMITED.) CAPITAL, £500,000. Ia 20,000 Shares of £25 each (with power increase) . £1 per share to be -paid on application, and Allotment. 2000 Shares to be reserved for New ZealanJ. Tbustees : Robert Brooks, Esq., M.P. G. Grentell 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 Captaiu Henry Carr Glynn, li.N., 15 Eaton-ter-race, Eaton-square F, G. Dalget}', Esq., Messrs Dalgety and Co., Gresham-street H. Selfe Selle, Esq., English agent for the Government 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 Australia Soiicitoes: Messrs Freshfields and Newman. Beokers : Messrs Mullens, Marshall and Daniel, 3 Lombarkstreet Messrs A. J. Brunton and Son, Auction Mart. Seceetars : 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 thrivingandincreasinglyimportant colony of New Zealand those advantages which are aleadv 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 share (of which £2 will ba 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 n ill 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 ofthe na ture proposed ; 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 iv England ; the simplicity of the local laws affecting real estate aff jrds a safe and inexpensive mods 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 poLONIA'L INSURANCE COMPANY. (Empoweeed by Act of Paeliament.) FOR EIRE 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 l Directors : W. H. Woodville, Chairman R. M. Smith, Vice-Chairman John Carson W. Ford George Lewis Hon. J. M'Crea, M.L.C ComsuLTiNO Actuary : William Thomas Woods. Medical Refeeees : David . Thomas, M.D., William Henry Cutts, M.D. Solicitor . James Smith. Sec ret act : Charles James Lucas. INVERCARGILL AGENCY. Medtcal Referee : b DR. BERNDT. Agents : ROBERTSON and CO. The undersigned having been appointed Agents for SOUTHLAND, Are prepared to receive ProDossls 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 promptitude. Tables of Rates of Life Insurance in all its several branches, Rates for Fire Policies, and Terms for the Guarantee Department, may ba obtained from ROBERTSON and CO. AUCTIONEERS, Tay-street, Invercabgh.l-. NOTIOE. ALL Settlers in the New River Hundred desirous of Voting at the approaching Election of Wardens, must take out a Depasture age Licence before the 31st inst. J>;---* ' The fee is 10s., to be paid to the*Wut« Land Board. * - „- 4tli M»j, 1863. %#%Jr ' ; • ■*£■■*•