Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1688, 1 June 1874, Page 4

will be opened in Dunedin, in suitable premises already secured under offer, and thereafter Blanches will gradually be opened in the chief centres of settlement throughout the Colony. 6th. It will be the chief aim of the Promoters of this Bank to aid and conserve elik« the interests of the whole commuaity In "this ! Colony. The Mercantile, Trading, Pastoral, i Agricultural, Mining, Artisan; and Labouring ! "classes will each have fair treatment and sup- > 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 large-,or small quantities, and until such value caii be ascertained a. liberal alvanco will bo"made ,upon any gold deposited; for tho purpose of coinage. 6th. It is not intended by the Promoters that this Bank shall purchase Gold, but merely be prepared to make advances upon it until realised, in the same manner that it will be ready to do upon Wool, Grain, or other produce.' -': ' . 7th. The arifounts of New Zealand Money . in the hands: of the-ihree* Banks from! Australia tracing 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 ■ „„ Mn _ Australia .. £870,000 „ £123,425 .. £993,425 Bank of NewSouth Wales „500,000.;. „ 104,849 .. CC4,B4D Bank of Austra- '. • '. ■ lasia .. ..-.■. 193,000;.. _„38,962 ...,. 231,902 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 nvanipu-; ! late as it may please their tastes; or as it' miv be convenient for the good of commerce! in Victoria or New South Wales ; or for the: beneficial regulation of tbeir exchange opera • tions in those Colonies. ' Bth. The Promoters, in placing the foregoing fac's before the people of this Colony 1.1 desire to point out the very great dfsadvan-; tages that colonis's are sure to labor under by lending—or rather giving—such a large Bum : of money as stated above to foreign Banks, to be lent back to the. people hereat very,high rates of interest^ and on-imoaCarbitrary;con-ditions. They therefore have no hesitation in suggesting the prudence and wisdom of ths: 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%haverhadC6n^ 'more than pne?occssion;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. It has been determined by the pro- i moters that the first issue of 200,000 shares shall be conducted by committees, to be appointed severally in the 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,los per share be paid' on allotment; that a call of 5s per share be • made and payable two mouths after allot-! merit; that a second call of os per share be K-:ade and payable four months after allot-, ment; 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 be 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 the shareholders to twice the amount of their shares, the same as.the other.Banks.

12th. As a thoroughly colonial institution, the promote'-s have much pleasure in Btrongly recommending 'The CoroNlAii Bank op New Zealand " to the support of all colonists, having the real welfare, of New Zealand at hearts. Such an institution ia much wanted at the present time, and as tha 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 prompting 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 ma few ;days;for the purpose ' of co-operating with a local Provisional Committee. Meantime forms of application for shares may be obtained, and applications may be lodged with the .:iUnipn : Bank of; Australia and Bank of Australasia. :

FORM OF APPLICATION. FOR SHARES. ? Date^....'.....". ......1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OF NEW ZEALAND. ! Gentlemen, —I hercbj male 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 to take the said shares, or any lets 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, Tours truly, Signature Name in full Occupation. ■ Address No. Date received. * The Provisional Committee have already subscribed among themselves for-"25,4j75 share?, which they are prepared to take if allotted to them. in 6992 EVERT variety of Label for Soda-wate* Manufacturers, in letter-press. Superior 1 designs in lithograph, at the Evestng Stab Office. CARDS, Circulars (on note or letter paper) in plain and fancy type. Carters' Rf-cc-'iVta printed, bound and perforated,!' tl« Bnanjrct Stab Offioe.' - -• 'I*--"i \\