Page 4 Advertisements Column 2

Colonist, Volume IV, Issue 398, 16 August 1861, Page 4

"~ NOTICE. IN consequence of an ALTERATION in the DELIVERY of the COLLINGWOOD OVERLAND MAIL, the Contractor for the same will leave the Royal Hotel, Nelson, Every Monday Morning:, at Eight o'clock. 516 . PAUL SPANGER. szriiß shooting. i 1 HE BEPRIZ E S will be given by . .-*- No. 6 Company Rifle Volunteers, Waimea East. To be SHOT FOR on MONDAY, the 2nd of September next, at Richmond. The first prize will ba £6. „ second „ „ £4. „ third „ „ £2. All members of this Company from the date ,of its formation will be eligible to compete for these prizes "ree; also all Voluuteers of this Province by paying an entrance fee of FIVE SHILLINGS. All competitors will please send in their najnea to the undersigned before the SOfch of August. The rules and regulations the same as those adopted for the Government Prizes. _ - G, T. SPARROW, 883 . Captain. HHARLES W. MANBY, V-/ rnorxssoK or music, HILLFIELD HOUSE, BRONTI-STREET, 662 Nbljion. TBUSH, CABINET-MAKER, • UNDERTAKER, &c., Nile-street, Wainiea-Boad. 492 DANIIIi MOOKS, A UOTIQNEER and COMMISSION -£*• MERCHANT, Trafalgar-street, Nelson. 817 BBUCA.TXOX-. MISS BIGGS continues her Sally Classes for Children, SURKEY COTTAGE, WAIMEA. ROAD. 829 WEBS TE R BROTHE RS, TV LICENSED CUSTOMS, SHIPPING, and GENERAL COMMISSION AGENTS, New Plymouth, New Zealand, 198 To be Baffled for, A FOUR-WHEELED PHAETON with Pole and Shafts complete. Cau be seen at I. Fbeeth's Stables, Hardy-street. - Due notice will be given of the time [ and. place of raffling; the members to consist of fifty, at £1 each; ' . Raffle papers will be placed at the M asonic Hotel. ; 645 nPHE BANE OP NEW ZEALAND. To be incorporated by an Act of the General Astembly, or by Charter limiting the liability of Shareholder*. Capital, esoo,OOO f In Sbares of £1O eacb. . Paid-up Capital, £250,000... - PRELIMINARY DEPOSIT 28. 6d. PER SHAKE, j A payment of 17s. 6d. per share on signing the J deed of settlement; a further payment of 20s. iper share three months after signing the deed of settlement; the balance of 60s. pec.-share; making the total ,50 per cent, if required, in calls at intervals of not less than three months thereafter,, and on. notice. To be conducted by a J3oard of Directors—say seven in number—who shall elect from among themselves two 'directors, to advise with the' Local Manager^ as required; The Board to have a general control of the Bank's operations, PROVISIONAL TRUSTEES. Auckland: J. Logan Campbell, T. Henderson, J. O'Neill, T. Russell, Jambs Willijjison, Esqrs. Wellington: A.D.Brandon, W. B. Khodbs, Esqi-s. _ Nelson : H. E. Curtis, Esq., Hon. E. W. Stafford. . Canterbury:. Hoft ?. A. Weld, J. Cracroit Wilson, Esq.. / ■ ■• •' .-•■ ■ '■-' - ' -;.- | --■- Qtago: E. McGlashan, J. Jones, Esqrs. ' ; IJawke's Bay: J.;;Watt, Esq. '. Wanganui : • Marlborough: W. H. EtESj J. Sikclaie, Esqrs. Taranaki: . ' Southland: It is manifest to those who have directed attention to the subject, that the Banking establishment- in New Zealand have derived immense.profiLi which are payable entirely to a foreign proprietary,/ran a trade CARRIED ON WITH THE FUNDS OF THB COLONISTS J. acircumstahce which must leadlo the consideration whether the Colonists of NaW^Zealandare not now in a position to enjoy, and entitled toreceive, whatever advantages can tie derived from the employment of their own capital. , '■*'. V;j ,/ ; Another consideration which should unite the Co-, loniets of New Zealand in an effort to establish a New Zealand Bank, is this, no Foreign Bank will study the interests of New Zealand; but the: interests of suc|h an establishment, are. regarded as paramount; the > . New Zealand branches being of jnecessity made to fcs^l ■ the effects of financial pressure in other colonies, and accommodation is given or refused, frequently, not according to the requirements of the Bank's customers in New Zealand, but measured by the Bank's engagements'and necessities elsewhere. A New Zealand institution would not be' disturbed by these influence*;: its capital would be specially devoted to new Zealand interests. ■■■ '■'■'': ' " '"*; ...' ..'■ ■ A reference to the Bank returns, published periodically in the Government/Gazettes of the? colojryj,' will Bhow the very large profits made from the Deposits of tl^e Colonists/-. What foreign •-.: Banks /havV; for'many years done, for us, with, our ownfttnds^we'now propose to do'for ourselves by local effort and management. ■■ It is, therefore, propose^ ;to;establish ohalbroad and, ptrmanent basis a Banking,'lnstitution capable :':. of doin^the present Banking.bu^ness of :Netf Zealand, and snsceptible of expansion with a. view to meet this' requirements of, that prosperous future which it is belJßvedr^ilV certainly and shortly be realisedfprNeW ■Zealtaxid"'' Vl4r ; -'■•••'-•-•" ■ "." '...'■' : , . i !".-: a To" accomplish this &Bsirable result—to secure the bulk of the deposits now, held by. foreign/Banks—^ and'to give to the public' an iristitijtiori worthyof . confidence-irit is proposed thaV the Capital shall be 50,000 shares of £10 each. This amoiint'it !is'conceived will be more than: ample to secure the'eonfidence of .the public,'and; of any foreign Banks with whom it may be. desirable or necessary ra have iransactions. . '■■';.■:>■'.' .. '■■ -■■'■■■' ''■'■ ■ ■ _' ' ; One-half of the subscribed capital to be called up as follows:—. ,• .-,•■•■ ...;•:;'.■..!. ■; ■• ■'■;.-/; :' -■',■ ; 2si 6d. per share on application. , ' " '■ 17s. 6d. per share on signing, the Deed,- of Settlement. . . . ■ 20s. per share 3 months thereafter,, and,, the remain-l ing 60s. per share by calls at interval's of not. lets than three months, and of which three months' notice; shall be given. In no case the call to exceed £1 per! share. No further calls to be made without the con- i sent of three fourths of the proprietors present at a meeting specially convened for that purpose.' The shares have been fixed at the moderate sum of jglO, with a view of enabling allclasges of the com-; inanity, to identify themselves with the monetary' interests of the country. ! . ; ? : Branches of the " Bank of New Zealand " will be established in every town of impoitande in the Co-.: lony. Each Branch to be managed by a Local Mana-! ger appointed by the General Boaid, and two Directora, chosen by the resident local proprietary, when the; ! local proprietary represent a capital of £40,000 in, the; Bank, until which time such Directors; to be appointed by the General Board. '"'■•"....".'-"; In London there will be a Board of Direction and'i ! Secretary ; and it is anticipated that a sufficient number of influential Colonists, shareholders in the Bank will always be found resident in London to form such Board. ; Arrangement with some desirable English Bank will be made for effecting Exchango^ The " Hank of New Zealand '• will m«ke advances upon Bills of Lading, Bonding % arrants, and other legitimate seem idea. It will be the object of this Bank to render all possible accommodation and facilities consistent with its proper functions to the merchant, settlor, storekeeper and fanner. ; ' .-The Balance Sheet of the Bank will be made up ; every half-year, say on the 30th June and 3Ut DeMWber, and. forwarded, to each proprietor, together