Page 3 Advertisements Column 5

Thames Star, Volume III, Issue 1678, 20 May 1874, Page 3

will be opened in Dunedin, in, suitable pro* " misea already secured under offer, and thereafter Branches will gradually be opened in . the chief centres of settlement throughout the Colony. 1 sth. It will be the chief aim of the Promo* tcrsof this Bank f to aid and' colterv#*jilike ' the interests of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Artisan, and Labouring classes will each have fair treatment and Blip* port from the Colonial Bank. To the mining . interest special attention will be given, with a desire to acquire for the Miners the Mint value of their gold, whether in largo or small quiintitifs, and until, such yalup' qan be aster- f ■ tamed a liberal advance will be' made upon 1" - any gold deposited for the purpose o( coinage. 6th. It is not intended by the Promote™ that this ."Bank shall purchase Gold, but' merely bo prepared to make advances upon jfc until realised, in tho same manner-'that it ■ will be ready to do upon Wool, Grain, or ' other produce. 7th. The amounts of New^Zealand Money in the hands -of :the three Banks from Australia trading in the Colony on the 31st " December last, as shown by their several ' returns furnished to the Government, appear ' thus, without giving odd numbers :— Union Bank of DeP°Site" Circulati°«- Total. , Batk Stof HaNew mOfiO° " £123 '425 " £99S '425 ' bKSISSL 56°'000- m m" m>™.- . J?Ma i,- .. 193,000 ;..• 3^962;. 2si^', } / Shewing a total of .. £1,890,238 or nearly two millions of money belonging to ■ colonists entrusted to Boards of Director* in ■■ Melbourne or Sydney to control or manipulate as it may please their tastes; or as itmay be convenient for ,the. good of.- commerce m Victoria or New South Wales ;' or for the beneficial regulation of their exchange opera- -1 tions in those Colonies. Bfcb. The Promoters, in placing the fore- • going facts before'the people of this Colony* ' desire to point out the very gre&t_.disadvantages that colonials are sure to labor under by lending—or rather giving—such a large fusr'--*----of money as stated above to foreign Banks, to be/lent back to the people here at very high ' rates of interest, and on most arbitrary con- - ' ditions. They therefore have no hesitation in suggesting the prudenge and wisdom of, the colonists keeping within their jbwn domain; the absolute control of their own 'moneys ; as by 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 his .occurred in one or other of the Australian' Colonies,'-where the veal • interests of the foreign Bank most strongly ' take root. , .• 9 th. 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 eaoh -, . province,j tind no- shares will be given. or reserved to the promoters; but each member of the Provisional Committee is willing to . become a subscriber for the number of shares standing opposite hia name.* 10th. It is proposed at the issue of shares above referred to that 5s per share be paid - on application; that 10a per share be paid ' on allotment; that a call of 5s per share be made and payable two months after allot- ' ment; that a sacond call of 5s pet share be made;, and- payable four months afcer allotment ; and that a third call of 5s per share be made and payable six 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 bo made at shorter intervals than three months between each call. 11th. The Act of Incorporation for this Bank will be so framed as to limit the liability of thoshareholdrrato twice the amount of theft shares, the same as the:6ther Banks. '** ''' 12th. As a thoroughly colonial institution,' the promotes havo much pleasure in strongly recommending "The Coiohial Bake of New Zealand " to the support of all colon- - ists having the real iw~elfare£of New Zealand at heart. Such ' an" institution 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 as 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. Southern Hemisphere under better 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 application for shares maybe obtained, and applications may be lodged with the Union Bank of Australia and Bank of Australasia. « FORM OF APPLICATION FOR SHARES. Date 1874. TO THE, PROVISIONAL COMMITTED, THE COLONIAL BANK OF NEW ZEALAND. GkhtliEMen, —I hereby ' make application for shares in the above company, and hand you herewith the ouin of £ being'the amount of Fjive shillings per share deposit bin the same \ arid I agree' ta take the said shares, or any less number that may - * be allotted to me, and I further agree to sub* scribe to the articles of association when required to do so. I am, Gentlemen, Yours truly, Signature.,,. , I. Nanleiivfi»ll.., il ; lt Mj,,,,; - •. ■ - .iLOoeipitlon il ,:.riT n sn,ritj< Address,.,,.. No. Date received. * The Provisional Committee have already subscribed among themselves for 25,475 shares, which they, are prepared to take if allotted' W tkem:' ; '■•'' ■ ' ••J '• - --S * : m 6998 :T£7/ANTED, a' General SERVANT.— >r Apply at the Queen's Hotm. 6936-tc (I*-* ■■ WANTED, a Youth about 17 yean old - to look after a Shop. \ WANTED, 100 Men Daily at JOSLIN'S HAIB CVITINa ESTABUSHMBKT to be Shaved, Shampooed, &c, next Fugtte't Red Boot, Owen-street, Grahamstown, '