Page 4 Advertisements Column 1

Southland Times, Issue 1698, 4 February 1873, Page 4

Public BTotic*. THE NATIONAL BANK ov * NEW ZEALAND (LIMITED). Incorporated under the Companies Act, 1862 and 1867, with power to apply for incorporation by an act of the General Assembly oi New Zealand. CAPITAL, TWO MILLIONS STERLING, In 200,000 Shabes of £10 each, First issue, 100,000 Shares of £10 each, of wUich one-third is specially reserved for the Colonies, the other two-thirds having already been allotted in England. .# Deposit on Application, 10s pbb Shabh ; ok AIXOTMBWT, 10s PEB SHABE. With Calls every three months after allotment of 10s per share, until £2 10s per share is paid up ; after which no Call shall exceed £1 per share, or be made at intervals of less than three months. It is proposed that the paid-up Capital shall not exceed £6 per share. DrBKCTOBS : Chairman— Chablbs Mashiac, Esq., M.P., of Messrs Matheson and Co., 3, Lombard street, E.C. Deputy Chairman — Dudley Robkbt Smith, Esq., of Messrs Samuel Smith Brothers and Co., Bankers, Hull. Colonel Sib Thomas Gobs Bbowkb, K.C.M.G., formerly Governor of New Zealand. SlB Chablbs Clipfobd, formerly Speaker of the House of Representatives of New Zealand . AxrXAHDEB Gbaht Dallas, Esq., late Governor of Snpert's Land, and late ' Director of the .Hudson's Bay Company. I. E. FsATHEHSTONB, Ef>q . late of New Zealand. Will- am Smellib Gbabahb, Esq., late of Auckland, New Zealand. F.DWABD Brodib Hoabe, Esq., of Messrs Barnetta, Hoares, Hanburys, and Lloyd, 62, Lombard street, E.C, Bankers. John Mobbibon, Esq., late Colonial Agent for the Government of New Zjalard. Wiiuam Whitbbead, Eeq, of Messrs Whitbread and Co., Chiswell street, E.C. It is also contemplated to have Colonial Boards of Directors in the principal Provinces, empowered to transact all local business. BANKBB8: THE BANK OF ENGLAND. THE BRITISH LINEN OO.'S BANK — For Scotland. THE PROVINCIAL BANK OF IRELAND— For Ireland. LONDON : TBMPOBABF OFFICES— CLEMENTS LANE, LOMBARD STREET. HBA2> OFFIOB — WELLINGTON, NEW ZEALAND. HTBPXCTOBAITO GENERAL HANA3BB — ADAM BURNES (Now on his way from England). ABRIDGEU PROSPECTUS. The object of the formation of this institution • to extend to the Colony of New Zealand the additional banking accommodation which the recent rapid increase of the population, and remarkable development of the mineral, pastoral, and agricultural resources of the Colony, so urgently demand ; and the intimate acquaintance of the founders with the position and requirements of the Colony enables them to submit with confidence a scheme for the establishment of the National Bank of New Zealand. The Colony of New Zealand is the Great Britain of the Antipodes in respect of its geographical position— in the energetic, prudent, and persevering character of its population — in climate, soil, and minerals, and offers abundant opportunities for the remunerative employment of capital which, up to the present time, has been supplied partly through the medium of two local Banks, and partly by Branches of Australian Sanks. The local Banks transacting business are — The Bank of New Zealand, with a capital of £600,000 The Bank of Otago, with a capital 0f... 231,530 It is proposed by this Bank to take over the business of the latter institution. The Bank of New Zealand, established in 1862, has never paid its shareholders lees than 10 percent, per annum. Besides these Banks the following have Branches in the Colony :— The Union Bank of Australia, the BaDk of New South Wales, and the Bank of Australasia. The aggregate circulation of notes of these Banks, as at 31st December, 1871, was £588,293 The aggregate amount of deposits ... 3,569,721 The agregate amount of Bills discounted and other securities ... 4,189,826 In 1860. In 1870. The population of New Zealand, exclusive of Natives, was ... 99,000 260,000 The holdings of land were, acres ... 635,982 22,744,498 The live stock — horses, cattle, sheep, was head, 2 982,943 10,218,299 The wool exported, lbs 6,665,880 37,039,768 The revenue, from all sources £663,976 £2 224,398 The imports, total value £1,548,333 £4,639,015 The exports £588 953 £4,822,756 The shipping — vessels cleared outwards, 1860, 898, of 140,293 tons ; in 1870, 766, of 265,407 tons. The shipping — vessels entered inwards, 1860, — of tons ; hi 1870, 756, of 273,151 tons. The total value of gold exported from the Ist January to the 30th September, 1871, was £2,121,206, or £33,620 more than the total value for the whole of 1870. The Directors are prepared to commence business forthwith, and believe that the capital to be called up can be safely and profitably employed without encroaching on the field already occupied by similar institutions. It is intended to apply to the Legislature of New Zealand, in their next session, for an Act authorising the issue of notes in the Colony, and for other general purposes ; and to make any consequential alterations in the constitution of the Company in respect of the liability of the shareholders, which may be required to accord with the conditions affecting the other Banks now issuing notes in the Colony. Copies of the Memorandum and Articles of Association can be seen at HESKETH AND RICHMOND'S, Solicitors, Auckland ; A. De B. BBANDON, Solicitor, Wellington ; A. W. MORRIS, Dunedin ; JOHN INGLIS/ Christ Church j CHARLES T. FELL, Barrister, Nelson. Application Forms for shares can also be obtained from the undersigned, who will be glad to furnish any information respecting the Bank that may be required. — By authority of the Board. W. S. GitAHAME, Director. Auckland, January 13, 1873. THE NATIONAL BANK OF NEW ZEALAND (LIMITED). SPECIAL NOTlCE.— Application for the 83,333 Shares reserved for the Colonies will now be received by the Union Bake of AtrsMALTA: at their various Branches in New Zealand, who will supply the necessary " Forms of Application for Shares," and receive the deposit of 10s pee Share on Sbarea applied for. Should no allotment be made, deposits will be ntoraed in full. '. By authority of the Board. W. S. CrBAHAME, ; - ; Director. Auckland, January 13, 1873.