Page 3 Advertisements Column 5

Thames Star, Volume III, Issue 1677, 19 May 1874, Page 3

will be opened in'Dunedin; in suitable"pre- "* miseß already secured under offer, and thereafter Branches will gradually be opened in -" the chief centres of settlement throughout the Colony. . sth. It -will bo the chief aim of the Promo- - tcrs of this Bank to, aid' anck conserve, alike the interests df 'the whole' community itfiihis l Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artisan, and Labouring classes will each hare fair'treatment and support from tho Colonial Bank. To the mining interest Bpecial attention will be given, with ■a desire to acquire for the Miners the Mint value of their gold, whether in large or small quantities, and unti}su~ch value; cap bejjascjjrr >■$ tailed a liberal "advance* will A be made'iippo. ? any gold dcposiled for tlie purposn'of coinage. 6th. It is not intended by the Promoters that tins IJ.i-ik shu.ll purchase Q-old, but merely be prepared to mate advances upon ; if; until realised, in Ihe same manner that it will ba ready lo do upon Wool, Gf-rain, or other produce. • 7th. The amounts of New Zealaadi Money in the hands'-jjeff tho\ thrj?e\,Baß|i from ' ' Australia- trading in the Colony on the 31st ' - December last, as shewn by their several ,;ret,urns furnished to the Government, appear " itfms, without giving odd numbers :-— ! ■ Deposits. Circulation. Total. Union Bank of Australia .. £870,000 .. £123,425 .. £993,425 / Bank of New ■'■ South Wales 560,000 .. 104,849 .. 664,849 Bank of Austra- * .„, jlasja ... ,v v 193,000 ..^ ; 38,952 ..] 231,961^^ : Shewing-a total of .. £1,890,238' or nearly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes; or as it may be convenient for the good of commerce in Victoria or, New/South Wales,;». or for the beneficial regulation of their exchange opera- ' tions in those Colonies. ""-•— •■- ---.. B'tb, The Promoters, in phcing' the foregoing facfs before the people of this Colony 1 desire to point out the very great disadvantages that colonisis are sure to labor under by ' lending—or rather giving—such a large sum of money as stated above to foreign Banks, to be lent back to the people here at very high. rates of interest, aud on most arbitrary conEditions. They therefore have no hesitation in suggesting the prudence and wisdom of the colonists.'keeping within fclieir o^n^dpmaifi tfye-j absolute^ control of, their" own mjmfeys ;^ 4|.,1|y i |>," so doing they will most effectually destroy the. risk of future monetary disturbances, -which they have had on more than one occasion to . deplore in the past, brought about solely by some crisis that has occurred in cpe-or other - of the Australian^Goloni((s',\yh^rejbhe real interests of the fdr6ign"Bank"'most" strongly -, take root. <9th. It has been determined by the promoters that the first issue of 200,000 shares shall be conducted by committees, to be appointed severally in the chief city of each province,»and, no shareß ; will : be giyen, t or., reserved to ythe.!prom'oters; b'utecacKanemJbejSf - of the Provisional Committee is willing to become a subscriber for the number of shares standing opposite his name.* 10th. It is proposed at the issue of shares above- referred to that 5s per share be paid on application; that 10s per share be paid on allotment; that a call of Ss per, share be made and payable two mouths after allot* ment; that a s°cond call of 5s per share be n«.adeiand payable four months a)lot\ > ment; and that a third call of-5s per'sharer be made and payable 6ix months after allotment —making together 30s paid up per share. No further call to be made within twelve months of the Bank first commencing business in Dunedin ; after which future calls will not'exceed 5s per share, nor be made at shorter intervals than three months between each call. jllth. The Act of Incorporation for this ' Bank will be so framed as to limit the liability of the shareholders to twice the amount of their. i,» sharejj.ithe sameCas the other Banks.* ;' U . * • 12th. As a thoroughly colonial institution, the promoters have much pleasure in strongly . recommending "The Cqiohiali Bavk OS New Zealand "to the support of all colon- ' ists having the real bf.'-New Zealand • at: heart. Such 'an'ih'sliLution is much wanted at the present time, and as the development of the colony proceeds, its usefulness will also increase, and be more and more appreciated, both as an investment for the savings of the people, and aa'a useful Bank. > Judging from the influence and sound experience possessed by the promoting members of, committee, it is certain that no similar • ; institution, has ever yet been launched, in the .^ Sbutne'rn''Hemisphere under'b'etter auspices. ***** A deputation of Provisional Directors will visit Auckland in a few days for the purpose. of; co-operating with a local Provisional. Committee. Meantime forms of applicatioa for shares may be.obtained, and,-applications may be lodged with the Union Bank oS Australia and Bank of Australasia. ; FORM OF APPLICATION FOB, SHARES. ! Date 1874. r Tq,THE;PRO^ISIQNAL COMMITTEE, » ! THE COLONIAL BANK OF NEW • { ZEALAND. Ci-BNTiiEMEiT, I—l'1—I' hereby J make"ftppKciti<jii' r for 6hares in the above company, and hand you herewith the sum of £ being the amount of Five shillings per share deposit 6ii'the same; and I-ngVee'te^akoMhe^ said shares, or any less number that may - be allotted to me, and I further agree to sub •' scribe to ihe articles of association when to do so. *•• I am, Gcntletnec, Yours truly, Signature..... •• . . ; / sTiuneiT|'fßU.., M .iji.;.i3./>^ <". \-* , ' Oeb!ipatio|M.|.,/.t.^MU } \,< Addr059"...1...."..^.r.....m " iNo. Date received. * The Provisional Committee have already subscribed among themselves for 25,476 ""shtees, which they care, prepared, to ttake if * allotted to tbemi ■ •' -•• !-* «:• .\r • n»6092 IXT ANTED, a General SERVANT.— . W», Apply at the Qtjben's Hotel. 6^6r4C ■ ■ WANTED, a Youfh about 17 years old to look after a Shop. TfT ANTED, 100 Men Daily'at'JOSlii»'S-' Tf HAIB CniTINGI: ESTABHSmntMT tO be' Shaved, Shampooed, &c, next Fugate's Red Boot. Owen-etreet, O-rahamstown*