Page 4 Advertisements Column 3

Colonist, Volume IV, Issue 401, 27 August 1861, Page 4

WANTED, a. good general SERVANT. T » Apply to Mrs. TATTON, Bridge-street. 973 ' ; AN APPRENTICE WANTED to the .4> UPHOLSTERY and PAPER-HANGING BUSINESS. Apply to W, JENKINS,,Hardy-street,-Nelson. , 676 KOTXCS. TN consequence of an ALTERATION -1- 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. NEW ZEALAND INSURANCE COMPANY. FOR FIBS AND MARINTB INSUBAMTCE. Head Office's: Fbaser's Buildings, corner of Queen-street and Shortknd-street, Auckland. Capital, £100,000, With unlimited liability of the Shareholders. Directors: Chairman—THOß. HENDERSON. Deputy-Chairman—S. BROWNING. ALFRED BUCK LAND, JOHN GRAHAM. WILLIAM T. BUCKLAND, GEORGE BURGOYNEOWEX JOHN HENRY BURNSIDE, THOMAS RU3SKLL, HUGH COOLAHAN, C. J. STONE, WILLIAM C. DALDV, WILLIAM C. WILSON* Ex-Directors. ' , DAVID GRAHAM, I JAMES WILLIAMSON, JOHN 8. OLIVER; I WALTER KNOTT GRAHAM Auditors: ■ ■ -, THOMAS COWTON LAW, | RICHARD HIDINGS. Marine Surveyor: WILLIAM CRUSH DALDY. This Company is now prepared to grant Policies and effect Insurance from loss or damage by fire upon Houses and other Buildings, Goods, Wares, Merchandise, and Manufactures, and Farming Stbck of every description. . ■ ! The Company will also take Marine Bisks, both.id Coasting and Foreign Trade. : The Directors respectfully request publi* support for; this Local Institution. The rates charged are the same as those charged by other Companies. Whilst Insurers have the security oi a capital more than equal to any contingency which may arise, together with the unlimited liability of a large body of wealthy shareholders, the profits of thit company are retained in the colony. ■• •■ ! Tables of Bates, Printed Forms of Proposals, and all other infprmatioa may be obtained at the office of the : undersigned. . ■ • . ; CURTIS BROTHERS, ; 992 ' ■•] >■ ..-..-■ . •■•...■ •■ ■■■■■'. : -; -Agents. j JHE BANK OF NEW ZEALANDi To be incorporated by an Act of the General Assembly, | or by Charter limiting the liability of Shareholders.) ; Capital, £500,000, in snares of £.10 eacb. Paid-up Capital, £250,000. :. ; : J PRELIMINARY DEPOSIT 28.6». PER SHARE. ~; A payment of 17s. 6d. per share on signing the deed of settlement; a further payment of 20s. per share-three months after signing the deed of settle- i ment; the balance of 60s. per share, making the total 50 per cent, if required, in; calls at intervals of not less than three months thereafter, and on jiroiice. To be conducted by a Board of Directors—Bay 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, Kusseli., James Williamson, Esqrs. Wellington : A. D. Brandon, W. B. Khodbs, Esqrs. Nelson: H. E. Curtis, Esq., Hon. E. W. Stafford. Canterbury': Hon. F. A. Weld, J. Crackoft.Wilson, ■■ , 'Esq. ■■'•:■■-: '-: ' ' l: ■■';.■ ■' ' ■"•-■ Otago: E. McGlashan, J. Jones, Esqra. jHawke'sßay:J.Wji'lv,Es(i. .. '...,.,., . Wanganui: ''''.'■ Marlborough : W. H. Eyes, J. SINCLAIR, Esqrs. Taranaki: i - Southland: . It is manifest to those who have directed attention to the subject, that the Banking establishments in New Zealand have derived immense profits which are payable entirely to a foreign proprietary, from a trade CARRIED ON WITH THK FUNDS OF THE COLONISTS J »:oircumstance which must lead to the consideration whether the Colonists of New Zealand are not now in a position to enjoy, and entitled to receive, whatever adyantages can be derived from the employment of their own capital. . fi; : ' ; Another consideration which should unite the Colonists of New.Zealand in an effort to establishes New Zealand Bank, is this.no Foreign Bank will study the interests of New Zealand; but the interests of such an establishment are regarded as paramount; the New Zealand branches being of necessity made to feel the effects of financial pressure in other colonies, and accommodation is given or refused, frequently;:jiot according to the requirements of the Bank's customers in New Zealand, but measured by the Bank's, engagemients and necessities elsewhere. A New Zealand institution would not be disturbed by these influences : ts capital would be specially devoted, to new Zealand interests. A reference to the Bank returns, published; periodically in the Government Gazettes of the colony*''will, show the very large profits made from the Deposits ofj the Colonists. What foreign' Banks have for many, years done for us With our own funds, wenow proposel to do forsourselves by local.effort ar.d management.' ';'... It is, therefore, proposed to establish on a broad and, permanent! 'basis a Banking institution capablei of doing the present Banking business' of ijew Zealand, and ensceptible of; expansion; with a. view*to meet the requirements of that prosperous future which it is believed will certainly and shortly be realised for New Zealand; : " •":■"''■'"'"* ' ~ .^ To accomplish this desirable result—tosecure the bulk of the. deposits now held by ibreiga Banks—-; and .to, give to tha public an institution worthy of confidence—it; is proposed that the capital sliall be, 50,000 shares 'of ; £10- eachiL' This amount it is con-" ceived will, be, more, than ample to secure the confidence of the public, and of any foreign, Banks; with whom it may be desirable or necessary to havdtransactions. ■:■, / -■ ~'.-' ;.''' '•'•■.:^ j-;:..-"':! .■■■> i'i'-v-One-half of the subscribed capital to bo called up as follows:— : 2s. 6cl. per share on application. '"':> '"'" ' !i 17s. Cd. per share on signingthe Deed of Settlement. . .';.;... ~ i ',<-■ ■■ -. .: : S.i :■■: .;:"'. "203. per share 3 months thereafter, and the Remaining 60s. per share by calls at iriteVvals of nbt less than three. months, and of which three months' notice shall be given. , In no case the call to exceed jgl 'per share. No further calls to bo made without the, consent 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 £10, with a view of enabling all classes of the community to identify themselves with the monetary interests of the country. '■:' Branches of the ;" Bank of New Zealand " will be established in every town of importance in the Colony. Each Branch to be managed by a Local Manager appointed by the General Boaid," and two Directors, chosen by the resident local proprietary, when the local proprietary represent a capital of £40,000 in the Banki until which time such Directors to be appointed by the General Board. ; *; i liv London there will be a Board # pf Direction and Secretary ; and it is anticipated that a sufficient nuni-i ber of influential Colonists, shareholders in the Bank will always be found resident in London to form such Bo<"'d. ; . Arrangement with some desirable English Buiik will be made for effecting Exchange. ' The " Bank of New Zealand'»"will make advances upon Bills of Lading, Bonding V»arrailts, and other legitimate securities. ! It will be the object of this Bank to render all pos« sible accommodation and facilities consistent with its proper functions to the merchant, settler,.storekeeper and farmer. The Balance Sheet of the Bank will be made up every, half-year, gay on the 30th June and 31st Dei sombQr, ami forwarded *q each proprietor, toother