Page 1 Advertisements Column 7

Southland Times, Volume 2, Issue 57, 26 May 1863, Page 1

Companies. TW'EW ZEALAND TRUST AND LO Alt x^ COMPANY. (LIMITED.) CAPITAL, £500,000. Ih 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 Zealand Trustees : Robert Brooks, Esq., M.P. G. Qrenfell Glyn, Esq., M.P. J. J. Cummins, Esq. DIEECTOBT]: Sir Charles Clifford, late Speaker of the House of Assembly, New Zealand Sir J. H. Pelly, Bart.. Warnham Court, Horsham Captain Henry Carr Glynn, K.N.. 15 £aton-ter-raee, Eaton-square F. G. Dalgety, Esq., Messrs Dalgety and Co., Gresliam-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 Giyn, Mills and Co. In New Zealand— The Union Bank of Australia J SOXICITOBS : ■ Messrs Freshfields aad Newman. ■ Bbokbes : ' Messrs Mullens, Marshall and Daniel, 3 Lombarkstreet Messrs A. J. Brunton and So«, Auction Mart. Secbetabs : I W. D. Carruthers, Esq., pro. tern. Jj Offices :31 New Broad-street, city, E.C. J|? This company is established for the p«rpose of supplying to the thrivingandincreasinglyimportant 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. j 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 calle 1 upon each £25 share (of which £2 will b« sufficient for present purposes), but that to th« 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 nature 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 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, th» increase of population, and the resources of the colony itself become further developed. These circumstances, and the successful opera* ions of companies of this description in other olonies, justify the directors in anticipating an mply remunerative return to shareholders. THE poLONIAJL INSURANCE COMPANY. (Empowebed by Act of Pabliamebi.) FOR FIRE INSURANCE, LIFE I ASSURANCE, 1 AND j FIDELITY GUARANTEE. Subscribed Capital £200,000 Paid-up Capital £40,000. LIABILITY UNLIMITED Head Offices : No. £ Collins-street west, Melbourne DIRECTORS : W. H. Woodville, Chairman R. M. Smith, Vice-Chairman John Carson "W. Ford George Lewis Hon. J. M'Crea, M.L.C ComSULTING AcTtTART : William Thomas Woods. Medical Refebees : David . Thomas, M.D., William Henry Cutts, M.D. SOLtCITOB : James Smith. Secketabt : Charles James Lucas. INVERCARGILL AGENCY. Medicai. Referee : DR. BERNDT. AGBNTB : ROBERTSON and CO. The undersigned having been appointed Agents for SOUTHLAND, Are prepared to receive Proposals 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, Sates for Fire Policies, and Terms for the Guarantee Department, may > • obtained from ROBERTSON and CO AUCTIONEERS, Tay-street, Invercargill. NOTICE. ALL Settlers in the New River Hundred desirous of Voting 4t the approaching Election of Wardens, must take out a Depasture age Licence before the 31st inst. The fee is 10s., to bo paid to the Waste I***? Board. * «b My, 1863.