Page 4 Advertisements Column 2

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

<J'!W* TV j^i'.iw v w i cuim h$ ♦ bulk of the deposits now held by foreign Banks— and to give to tho public an institution worthy of confidence—it is proposed that the capital shall be 50,000 shares of £10 each. This amount it is conceived 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 have transactions. One-half of the subscribed capital to be called up as follows:— 2s. 6d. per share on application. 17s. 6d. per share on signing the Deed of Settlement. 20s. per share 3 months thereafter, and tho remaining COs. per share by calls at intervals of not less than three months, and of which three months' notice shall be given. In no ease the call to exceed £1 per share. No further calls to be 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 ■glO, with a view of enabling all oksses 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 Bank, until which time such Directors to bo appointed by the General Board. In London there will be a Board of Direction and 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 lor effecting Exchange. Tho " Bank of New Zealand '• will make advances upon Bills of Lading, Bonding "Warrants, and other legitimate securities. It will be the object of this Bank to render all possible accommodation and facilities consistent wich its proper functions to the merchant, settler, storekeeper and farmer. The Balance Sheet of the Bank will be nude up every half-year, say on the 30th June and 31st December, and forwarded to each proprietor, together with the Directors' Report, prior to the half-yearly meetings, at which the Dividend will be declared. Trustees to be named provisionally to appoint the necessary officers—to cause the Prospectus to be published and circulated—to receive applications for shares—to allot shares—to open Banking accounts— to receive and apply the deposit of 2s. 6d. per share in payment of preliminary expenses—to prepare the Deed of Settlement for execution of subscribers—to receive the further sum of 17s. 6d. par share, payable on sio-ning the Deed of Settlement, and to convene a meeting of qualified subscribers after one-half of the ares shall have been allotted, for the purpose of enabling such subscribers to elect the first Board of Directors, of which meeting duo notice is to be given in one or more local papers. After the election of the Board of Directors, and transfer of Balance of Account to them, the duties of the Trustees shall cease. The qualification for voting at the election of the first Board of Directors, or of becoming candidates for seats at such board, shall be the payment of the preliminary deposit of 2s. 6d. per share, and the further sum of 17s. 6d, per share, and the execution of the Deed of Settlement, before the meeting to be convened by tho Trustees for the election of such Board. Any duly qualified subscriber for 200 shares, who shall have given to the provisional secretary at least seven days notice in writing of such his intention, shall be eligible as a candidate for a seat at the Board, and all qualified subscribers shall he entitled to vote in proportion to the number of their shares, according to tho following scale,' Viz., For 5 shares, 1 vote. 12 shares, 2 votes. 25 shares, 3 votes. 50 shares, 4 votes. And 2 votes for every additional 50 shares. Upon the application for shares there shall bo paid to the Trustees a deposit of 2s. 6'd. per share to be applied in defraying the preliminary expenses, but such applicants as shall not qualify to vote as herein before mentioned by the payment of the further sum of 17s. 6d. per share, and by signing the Deed of Settlement, shall not be required to execute the said Deed of Settlement until after the election of the first Board of Directors, and should such applicants decline or neglect to pay the said further sum of 17s 6d. per share, and to execute such Deed of Settlement aftei such Election and notice given by the Directors in one or more local newspapers for a period of 14 days, then such applicants shall be deemed and declared to have forfeited the said deposit of 2s. Gd. per share and all interest in the said Bank, and shall not at any future time be allowed to execute the said Deed of Settle- ' ment in respect of such shares so allotted to them, and all liability of such applicants in respect of such shares shall thereupon cease, and such shares may be re-aliotted to other applicants. It is proposed to reserve at least 10,000 shares for sale in England. Applications for shares, accompanied by the deposit of 2s. 6d. per share, to be made in the following form and addressed to tho Provisional Trustees at the New Zealand Insurance Company's office, Eraser's Buildings, Auckland ; or to Messrs. CURTIS BHOTHRRS, Nelson, who are authorised to receive the same. FORM OP APPLICATION. To the Trustees of the Bank of New Zealand. Gentlemen—l request you will allot mo shares in the above Bank, and I hereby a>>ree to accept that or any less number which may be allotted to me upon the terms mentioned in the published prospectus. Name of applicant: Profession or business: Residence: Number of Shares : Signature :• Dated the day of 1861. 876 Trafalgar House, Trafalgar-street. TV/I RS. BARTLETT begs to inform the J-T-S-. Ladies of Nelson and its neighborhood that in addition to late arrivals by the " Glenshee,". she is now landing ex " Sir George Pollock," from. London, A choice assortment of Spring1 Goods, of which a considerable proportion will be exclusively in her own hands, having been selected to her order by a relative who is a partner in one of the first houses in the trade. Among other NOVELTIES will be found the latest designs in • SILKS, SHAWLS, AND MANTLES, FANCY DBESSES AND PRINTED CAMBRICS, KIBBONS, LACES, FEATHERS AND BLONDS, Hats and Bonnets, trimmed and untriuiined Cap Fronts Habit Shirts and Sleeves, Cambric Handkerchief*!, Hosiery and Gloves, Parasols Fancy Trimmings Black, White, and Colored Falls Table Liven in great variety Quilts, Counterpanes, .and Toilet Covers and Furs, which from having arrived too late for the Season will bo offered below their value. Mrs. BARTLETT- also returns her best thanks to her numerous friends for the preference shown her, and assures them that no exertion shall be wanting on her part to merit their further favors. 124 Saddlery, ex Glenshee. P F. JONES beg to return thanks to -*~J% the- inhabitants of Nelson and its vicinity for tho patronage he has received for upwards of six years, and intimates that he has imported, direct from the most popular manufacturers in-England, an excellent and useful assortment of SADDLERY, of every description : also, a few s«ts of firslrate Silverplated and Brass-mounted Gig HARNESS, Carriage SPONGE, Horse, Dandy, Water, and Spoke BRUSMKS, COMBS, and every requisite for the stable, on the newest principles. Silver-plated Stallion Snaffle HITS, Gentlemen's leather Riding GLOVES, genuine waterproof HARNESS POLISH, and all other Goods connected with the trade Wholesale and Retail. E. F. J. having arranged for a regular supply of first-class GOODS, is enabled to compete with any House in New Zealand. All goods marked in plain figures, and only ono price asked to all parties. m Observe-JONES'S, Opposite the Trafalgar Hotel. ia