Page 4 Advertisements Column 1

Colonist, Volume IV, Issue 417, 22 October 1861, Page 4

TENDERS are requested by TUESDAY -*- Oct. 22nd, for sundry WOEKS on the under mentioned ROADS. Specifications may be seen at the places named opposite the several roads. Tenders, of which the lowest will not necessarily Le accepted, to be left with the Members of the Board or the undersigned. Richmond—Messrs. Hodder and Co. Applehy—!)it!o ditto. Maddock'd LJ^sh—Mi. Jcin^AiKlrow-,. Wsimea West, near StraUb:vr><—J. Thomas. T. J. THOMPSON, 232 Secretary Waitnea Iload Uoard. NEW ZEALAND INSURANCE COMPANY. for 7iaa Astrs riauiwe insurance. Heed Offices: Fraser'§ Boildixgs, corner of Queen-street and Shortknd-street, Auckland. Capitol, £100,000, With unlimited liability of the Shareholders. Directors: Cliairman—TH-'iS. HENDERSON. Deputy-Chairraan-S. BROWNING. ALFRED BUCKLAND, i JOHN GRAHAM, WILLIAM T. IiUCKLAND, i GEORGE BURGOYNEOWEN JOHM HENRY BURNSIDE, j THOMAS RUSSKLL, HUGH COOFiAHAN, I C. J. STONE, WILLIAM C. DALDY, WILLIAM C. WILSON. Fx-LirMtors. DAVID GRAHAM, I JAMES WIIXiAMSOjV, JOHN S. OLIVER; | WALTER KN'OTT GRAHAM Auditors: THOMAS COWTON LAW, | RICHARD RIDINGS. Marine Surveyor: WILLIAM CRUSH DALDY. This Company is now prepared to grant Policies and effect Insurance from loss or damage by fire npon 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 tlie security oi a capital more than equal to any contingency which may arise, together with j the unlimited liability of a large body of wealthy shareholders, the profits of this company are retained in the colony. Tables of Rates, Printed Forms of Proposals, and all other information may be obtained at the oflice of the undersigned. CURTIS BROTEEKS, 992 Agents. Bank of New Zealand. A MEETING of those favorable to the -^~ establishment of this Bank will shortly be held nt the Chamber of Commerce, Nelson, of which due notice will be given. Copies of the Deed of Settlement, and Lists of the Proprietors, can be seen at the office of Messrs. CUUTiS BROTHERS. 264 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 Shares of £.10 eac'a. Paid-up Capital, £250,000. PRELIMINARY DEPOSIT 2s. Go. 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 settlement; the balance of G93. 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 Manner, as required. The Board to have a general control of the Bank's operations. PROVISIONAL TRUSTEES. Auckland: J. Logan Campbell, T. I-lexderso'n, J. o'iNeii.l, T. Russell. James Williamson, Esqrs. Wellington: A. D. Bkanuon, W. B. I!iu»dks, Esqrs. Nelson.: II E. Curtis, Esq., Hon. E. Yv\ Stavfop.d. Canterbury: Hon. V. A. Weld, J. Cracuofi Wilson, Esq. Otarjo: E. McGlashan, J. Jones, Esqrs llawke's Bay: J. Watt, Esq. Wanganui : Marl borough: 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 WITH THE FUNDS OF THE COLONISTS ; a circumstiince which must lead to the consideration whether the Colonists of New Zealand are not now in a position to enjoy, and entitled toreceive, whatever advantages can be derived from the employment of their own capital. Another consideration which should uuite the Colonists 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 such an establishment are regarded as paramount; the New Zealand branches being (if 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 engage• mients and necessities elsewhere. A New Zealand institution would not be disturbed by these influences : its capital would be specially devoted to new Zealand ntcre.sts. A reference to the Bank returns, published periodically in tlie Government Gazettes of the colony; will show the very large profits made from the Deposits of the Colonist 3. What foreign Banks have for many years done for us with 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 permanent basis a Banking Institution capable of doing the present .Banking business of New Zealand, and ansceptible 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 fhis desirable result—to secure the bulk of the deposits now held by foreign Banks— and to give to the public an in.stituliou worthy of confidence—it is proposed that the capital shall be 50,000 shares of £10 each. This amount it is conccivtd 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. Gd. per sharo on application. 17s. 6d. per share on signing the Deed of Settlo meat.