The Evening Star. PUBLISHED DAILY AT FOUR O'CLOCK P.M. Resurrexi. WEDNESDAY, APRIL 29, 1874.
The mania for cdmpanieshas hot .yet ex-1 hausted itself. After doings insurance business to the utmost,.i;h^penchant for formingfiigompanigSLwhich" distinguishes southerjaew/has{(developed itself in the direction of banlimg^ capital of two nliflMs flnd^niaifjirio^e formed—shares to be distributed throughout the colony: :according :; :to;popuUtioniif and no shares to b^fldlt e'd^utside the colony unless;«feyi4'on¥ent o£ tne^sharehbldferil There are already, twb~essentially colonial bankS in existence,, and at {irst sight it appeari^ltioiiaiDle^^h^'busmess^^liie colony affords room for a third, even with diatribn(i'6u^wafVs^^tiifrßcarce]y''<progo chelength of issuing a prospectus andf securing premis v es) vf6i' the head office of .the new corporation unless encouraged by fair^pof^sVfs^d^s 'fHe'new venture has been projected in Dunedin, inwhich city the'Waltional «nd StandardInsurance Coin^iEinies were launched.
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Thames Star, Volume III, Issue 1663, 29 April 1874, Page 2
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125The Evening Star. PUBLISHED DAILY AT FOUR O'CLOCK P.M. Resurrexi. WEDNESDAY, APRIL 29, 1874. Thames Star, Volume III, Issue 1663, 29 April 1874, Page 2
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