Page 4 Advertisements Column 1

Colonist, Volume IV, Issue 415, 15 October 1861, Page 4

fflisailantoß,. iVrEW~ZEALAND INSURANCE XI COMPANY. JFOR 2?IRS ANXS BEARXNE INSURANCE. Head Offices: Eraser's Buildings, corner of Queen-street and Shortland-street, Auckland. Capital, £100,000, With unlimited liability of the Shareholders. Directors : e-'Chairman—THOS. HENDERSON. • "Bsputy-Chairmaa- S. BROWNING. ALFRED BUCKLAND, : JOHN GRAHAM, WILLIAM T. BUCKLAND, j GEORGE BURGOYNEOWEN JOHN HENRY IiIJBNSIDE, ! THOMAS RUSSELL, HUGH COOLAHAX, C. J. STONE, "WILLIAM C. DALDY, WILLIAM C. WILSON. Ex-Directors. DAVID GRAHAM, I JAMES WILLIAMSON, JOHN S. OLIVER; I WALTER K.NOTT GRAHAM Auditors: THOMAS COWTON LAW, I RICHARD RIDINGS. 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 Stock of every description. The Company will also take Marine Risks, both in Coasting and Foreign Trade. The Directors respectfully request public support for this Local Institution. The rates charged are the same as those charged by other Companies. Whilst Insurers have the security o! 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 this company are retained in the colony. Table? of Rates, Printed Forms of Proposals, and all other information may be obtained at the office of the undersigned. CURTIS BROTHERS, 992 Agents. THE BANK OF NEW ZEALAND. To be incorporated by an Act of the General Assembly, or by Charter limiting the liability of Shareholders. Capital, £500,000, in Stoares of £3.0 eaet>. Paid-up Capital, £250,000. PRELIMINARY DEPOSIT 2s. 6d. PER SHARE. A payment of 17s. Cd. per share on signing the deed of settlement; a further payment of 20s. per share three months after signing the deed of settlement ; 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,notice. To be conducted by a Board 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, James Williamson," Esqrs. Wellington: A. D. Brandon, \V. B. Khodes, Esqrs. lielson : H. E. Curtis, Esq., Hon. E. W. Stafford. Canterbury: Hon. t'. A. Weld, J. Ckacroft Wilson, Esq. Oiago: E. McGlashan, J. Jones, Esqrs. 1/awke's Bay: J. Watt, Esq. Wanganui : Ilarlborough : W. H. Eyes, J. Sinclair, Esqrs. Taranaki: 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 WITII THE FtTNDS OF THE COLONISTS ; a circumstance which must lead to the consideration whether the Colonists of New Zealand are not now in a position to enjoy, and entitled torcceive, whatever advantages can be derived from tho employment of their own capital. Another consideration which should unite the Colonists of New Zealand in au effort to establish a Now Zealand Bank, is this, no Foreigu 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, not 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 : its capital would be specially devoted to new Zealand iiteredts. A reference to the Bank returns, published periodically in the Government Gazettes of the colony, will show the very large profits made from tho Deposits of 'he Colonists. What foreign Banks have for many ; cars done for us wilh our own funds, we now propose to do for ourselves by local effort and management. It is, therefore, proposed to establish on a broad and •ci'inanent basis a Banking Institution capable .of <!oing the present Banking business of New Zealand, and snsceptible of expansion with a view to meet the i (-■quirements of that prosperous future which it is believed will certainly and shortly be realised for New Zealand. To ficxjoraplish, this flesirabta result—to secure the