Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 16710, 22 May 1874, Page 4

will bo opened in Dunedin, i?i suitable premises already secured under offer, and thoreafler Branchea will gradually be opened in the chief centres of settlement throughout the Colony. sth. It^will be the chief aim of the Promoters of thiH Bauk to aid and cpnsorve alike the interests, of the whole community in this Colony. The Mercantile, Trading, Pastoral, Agricultural, Mining, Ar'isari, and Labouring classes will each have fair treatment and support from the Colonial Bank. To the mining interest special attention will bo given, with a desire to acquire for the Miners the Mint •value of their gold, whether in large or small quantities, and until such value can be ascertained a liberal advance will bo made upon any gold deposited for the purpose of coinage. ■6th. Ifc is not intended by the Promoters that this ■■Bank shall purchase Gold, but merely be prepared to make advances upon ituntil realised,,in the 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 shewn by their several returns furnished to the Government, appear thus, 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 Australasia ..• „ 193,000 .. 3S,t|2 .. 231,962 Shewing a total of \ .. £1,890,236 or nearly two millions of money belonging to ■ colonists entrusted to Boards of Directors in ; Melbourne or Sydney to control or manipui late as it may please their tastes; or as it mftv he convenient for the good of commerce in Victoria ox- New South Wales ; or for the beneficial regulation of their exchange operations in those Colonies. Bfch. The Promoters, in placing tho foregoing faefs before the people of this Colonyl desire to point out the very groat disadvantages that colonists 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 nt very high rates of interest, and on most arbitrary conditions. They therefore have no hesitation in suggesting the prudence and wisdom of the colonists keeping within their own 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 has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. . 9th. Ifc 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 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 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 5s per share be made and payable two months after allotment ; that a second call of 5s per share be made and payable four months after 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 punedin; after which future calls will not exceed 5s per share, nor be made a,t 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 the shareholders to twice the amount of their share?, the same as the other Banks. 12th. As a thoroughly colonial institution, the promoters have much pleasure in strongly recommending "The Coioniaii Bank of New Zealand " to the support of all colonists having the real "welfare of New Zealand at heart. Such an institution is much wanted at the present time, and as the developmeiat 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 tho * 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 fornas of application for shares may be obtained, and applications may be lodged with the Union Bank of Australia and Bank of Australasia. FORM OF APPLICATION FOR SHARES. Dale ......1874. .TO THE PROVISIONAL COMMITTEE 03? THE COLONIAL BANK OF NEW ZEALAND. Gentlemen, —I hereby mate application for shares in the above company, and hand you herewith the sum of £ being the amount of Five shillings per share deposit on the same; and I agree te'tako- the eaid shares, or any leas number that may be allotted to me, and I further agree to subscribe to the articles of association when required to do so. I am, Gentlemen, , Yours truly, Signature Name in full. Occupation Address No. Date received. * The Provisional Committee have already subscribed among themselves for 25,475 shares, which they are prepared to take if allotted to them. m 6992 EVERY variety of Label for Soda-water Manufacturers, in letter-press. Superior designs in lithograph, at the Evening Stab Office. /"^ARDS, Circulars (on note or letter paper) \J in plain and fancy type. Carters' Receipts printed, bound and perforated,a, tk. BTOVKtgSAB Office;