I will be opened ii\ Dunedin, in suitable premises already sepjlrfed under [offer, and; thereafter Branches will gradually be in r ,the chief centres of settlement throughout the .Colony.^ .'" '% * „ .*. i,V ,< l t stli It will b*.the chief aim of '(*o Promottrsof this Bank to aid and conserve alike* the interests of (ho whole "pgrmrmtaipj itr-thifi Coteny. -Hhe-Mercatitile, trading,' Pastoral,'; Agricultural, Mining, Artisan, and Labouring' , classes' will each hare fair, treatment and support from tb/e Colonial Bink. To the mining interest special attention' will be given, with , a denre ta acquire for, the Miners the., Mint, value of their gold, whether in large "or email quantities, and until such value can bo ascertained a liberal advance will be s made upon any gold deposited for the purpose of coinage. 6th. It is uoL intended by .the Promoters that this Bapk<ynall purchase Gold/ but merely be prepared to make advances' upon it until realised," in tlio'same' manner that it 1 ' will be ready to do upon Wool, Grain, or other produce. 7th. The amounts of iNW 'Zealand Money, • in- the fhands/.of the three Banks*/-from . Australia trading'in the Colony on tKe*Slst i December last, as shewn* by their 'leveret' ' "return ß furnished to the Government, appear thus, without giving odd numbers:— {,- ■ Deposits. Circulation. Total. Union. Bank ©I ,■> i,,i, <. \ ' ,; Australia -?. *■ - *«70,000*.. '£123,445 ..1fi993,4# Bank of New South Wales 560,000 .. 104,849 .. 664,849 Bank o£ Australasia ;.. .. 193,000.. 38,512 .. 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 cpptrol 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. '+* *Bth. The Promoters, in placing the foregoing fac's before the people of this Colony 1 desire; to point out the very great disadvantages that colonists .are'sure to labor under by : lending—or rather giving—suon ajaifte. auj& ' 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 conditions. They therefore have no hesitation in suggesting ,tb.e prudence and wisdom of the colonists.kiep&ig t^rithm*heirf pwm domain |h« absolute control of their oAv*h«i<fos|i^ i«i,bj 10^doing they will most effectually destroy the risk of future monetary disturbances, which they, have had on more than one ocoasion to deplore in the |»ait, brought about solely by Boms crisis that has occurred in'one'dr other of the Australian Colonies, where the real interests of the foreign 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 bo appointed severally in the chief city of eaoh province, and no shares will be given or^ reserved to the promoters; but each member of the Provigiiitial Committee is-willing ..to bocome 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 u<ade L anjdl jp|jpble fp^r months- after aUot- tment';i andi that a, third cdllsF 5s persKare^ be made and payable six months after allotment' -prmaking together 30s paid up per share. No further call to be made within twelve months of thefßank first commencing business iv Dunedin*; after which future calls will not exceed 5s per share, nor be made at shorter intervals than three months between each call. . 11th. The' Act of Incorporation ,for. this Bank willbe so framed as to limit itWliability 'of the shareholders to twice theatnountof their Bhare3, the same as the other Banks. 12th. Asa thoroughly colonial institution, the promoters have much pleasure in strongly recommending " The Coioniai. Bank of Nbw ZkaIAND " 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 development of the colony proceeds, its usefulness will also increase, and be more and more appreciated, |ota |' en investanent .for,, the savings of the peopl#,rahd as aJuseful Bank. - Judging from the influence and sound experience possessed by the promoting members of committee, it if certain that no similar institution has eve* y4 been lanriehed in the Southern Hemisphare under Better auspices. A deputation of Provisional Directors will visit Auckland in a fow days for the purpose of> co-operatit>g" with a • local;. ProvitdonaV, Committee. Meantime forms of application' for shares may be obtained, and applications may be lodged with the - Union. gßank pf rj Atos tralia and Bank of Australasia. FbRM OF"APPLICAitION*aR SHARKS. THBjCOL(^|^uL^feK^|! NEW * GsNTtiMBK, —I/?^i»|jjfe'ipßjke'' application for '"'shares inlheaboVe company,;and hand you herewith the sum of £ being the amount of ,jF.ive Bhplings per share dep»|it on the^same; and, I agree' te take the said *""" "shares, 'or anyless numbe^tnat may bo allotted to me, aa^ J, further agree to Bubscribe,.to. the ; ar|icles' of association when required to oVso. - , jw» ' , 7' a\ I ana, Gentlemen,' •' • ,' ': ' jVi i; . , r , , v '"•- -3^Signa^:...L^i.^.i.C f > Nameiitf»ll k ,,.. ? *■->'' * Occupation I Address.^. ...*„'.'.. y ty No. ■ ■ Date'receive^."';.,'; '" i *-'£ %'? i " * The Provisional 1 Ootomifcte* bare £ f4«joady subßcribed amongshthemselves. > (sr r I#i 4%: 'shares, which they ant?p*ei**ed -p>r^^»it allotted to tkema Wr'.-»,0 i/ ,* i;lj(!P' * rj'.f- j * '. -I- " r Cvariety■of« IT«ibefc fop.«»*i-|rattr, Xv Manufacturers, in l«W»*.p|Bass.'C,S«prior designs in lithograph,' at the Evekin& Stab Offlce/'" ir-TZW . -nyj :*•:,.;..;.** /IARDS, Circulars (off note or letter paper) \J'<PWi>htn »rid'.(fai*oyftyp«; Carteiif,;©eoeip'.s prmb*!]?««)«n^t»nd\ perfontfd, *;> th>; Byarara Siab Offl«.
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https://paperspast.natlib.govt.nz/newspapers/THS18740523.2.19.4
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Thames Star, Volume III, Issue 16711, 23 May 1874, Page 4
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944Page 4 Advertisements Column 4 Thames Star, Volume III, Issue 16711, 23 May 1874, Page 4
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