Page 4 Advertisements Column 4

Thames Star, Volume III, Issue 1689, 2 June 1874, Page 4

-will bo opened in Duiicdin, in suitable pro:raiscs already secured undir offer, and there.nfter Bi nches wi'l gradually bo openod in the chief centres of settlement tlxvouglioul the Colony. sth. It will bo tho chief aim of the Propiotciß.of this Bank to aid and conserve n^ke the interests of the wholo community in this Coloiy. The Mercantile, Tiaflin?, Pastoral, Agricultural, Mining, At isan, and Labouring claEscß will each have fai? treatment and sup!' port from the Colonial Bank. To .the mining ; interest special attentions •will be given, with : a desire to acquire for the Miners the Mint ;value.of their gold, whether in'largo or small quantities, and un'il such vukie. can.be aseer-j taincd a liberal ad van co will'be madt>; upM any gold, deposited for the purpose qf,qdiivige; ""6tli;. Ij is not/intended by .the. Trorcolers that tliis Bar,k.;shall ;ipurchase ; Gold^'but mere'y bo prepared to niako advances* upon ib until realiseJ, iii tlio came manntr that .ib ■will, bo ready' Id do :uppn 'Wobli 1 Grahv or, ' other produce. '' ■ : ■ ; '7th. The amounts of Few Zealand Money in the harrds of 1 the'- three' Banks- 'from. JALustralia trading in tli3 Colony on fc'ie Rlst December last., asTshewn "by. "their several re!urns furnish'ed'to the.Governrr.ent~, appear thus, without giving odd numbers :r— ; Deposits. Circulation. Total. ■ Union Bank of Australia .. £370,000 .. £123/125 .. £993,425; Bank of New South Wales . 560,000.. 104,840 .. 6G4,549 Bank of Austra- •: ,'■'-. > ; ■...'; -^,'; '•■■■ \' \ '■■ fiilasia^i.". S.^..',j)^jW3fio^.. „=^231,0(32: Shewing a total of .. £1,890,236; or nearly two millions of money belonging to colonirts entrusted to Boards of Directors in I Melbourne or Sydney to control or nvanipu-;' ,1 lato as ib may please their tastes; or as it' miv be convenient for the good of commerce; in Victoria or Nxw Soujh .^Tales ; . pr for (he! bencficialavgulatiori.iofit^eir exbharige opera ;, tions i\i those Colonies. Bth. The Promoters, in placing the fore-; going fae's be rore the people of this Colony 3; desire to point out- the^yery groat d'sadvantagos that colonis's are sure to labor under by lending—or rather giving—such a large Mini of money as stated above to foreign Banks, to; be lent, back to 1 the^.people here.-at, very- -high ] rntes-cf -interest^ ahd-ort*mo jfr-arbitrary^con-: difions. They there'bro have no hesitation in ; suggesting, the prudence and w'sdom of thai colonists keeping within-their own domain the \ absolute control, of their own moneys ; as by : go doing they will most effectually destror the : ri.jk. of jfutiiro mone.tary,disturbances,-, ■which I fchey' hay bnVmore .thini one'occasion'to: deplore in (he 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. Ib has been determined by the promotors that the first issue of 200,000 shares i shall be conducted by committees, to ,bo"! appointed Severally in/- the chief city of eacih ' province, and no shares will be given or reserved to the promoters; but each member of the Provisional Committee i 3 willing to bpcome 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; (hat 10s per share be paid on allotment 5 that a call of 5s per slik'<? be made and payable two months after allotment ; that a s^cond.call of os per share be D.ade and payable four months after allotment ; and that a third call of 5s per share bo made and payable six months after allotment —makingtogether 30s paid-up peivshare.,. No furthercall tofte made within twelve;mon,ths of the Bank first commencing business in Dunedin j after which future calls will not exceed 5s per share, nor be made at shorter intervals than three rnonths,be! ween,each call; lX'h. The Act I:of Incorporation for this Bank will be so. framed as to limit the liability of the shareholdrrs to twice theainountof fch.-ir' share?, the same as the other JBanks., ;... 12th.: As a'thoroughly coloniaftinstitution, the promoters have much pleasure in strongly recommending ' The Coiosiiiy Bank of New Zeala^p " to.the support*of all colonists having the real. welfare; :p£.New Zealand at heart. Such an institution is much wanted at the present time, and as tha development of fcho colony proceeds, its usefulness will also increase, and be more and move appreciated, both ns an investment for the savings of the people, and as a ti eful Bank. Judging from fcho influence and sound experience pp.-sessed by the promoting members of.; cam mittee, \ita.is./certain, ft hat nd-sinifirdr :institution has ever yet been launched in the Southern BTetnisphsM under better auspices. . A deputo'Jon of Provisional Directors will visit Auckland iii-a fs\v> days foe.the purpose ■of co-opera'ing vii;h a local Provisional Committee. Meantime forrss of application for thare3 may be obtained, and applications may;: be lodged -with the Union" Bankfof ;: 'Australia and Bank of Australasia. FORM OF APPLICATION FOE, SHARES. batc;i;;..".;V.:'..';..i'sfi!:';' j TO THE PROVIiIOISrAL COMMITTEE OE. Tllii COLONIAL EA^K OF NEW ZFALAND. Grvinrur, —I lieieby mate apphca'ion 'or thii<-3 in tLc "bovi compiny, nn 1 !m d yon 1 eicaith tho fuip 6f £ lei g the amount of Five '■hilhng-j per depos t o'i 1 c sinie , i~\fl I igree to lako the raid s iii p, oi anyle s number that may be allotted to me, an f I fuiiher igiec to aub scubo to tlie ailicles of asfociatioi when required to do so. I im, Gfentlemcn, Yours tiuly, Signatn'M Nimo in full Occ ipatfon Add'c s. , . Ko. Die iec t i\ed. The P QMtional Commi'tce hi\e olieidy subcibol i png tliem«elvcs fo- 25,475 shai , whih thry "io piepr;'ccl to tike if a lotted.fo tkcni. ." ■ n,G092. OVERS' i v tty of Jnb-1 for Podd v lt-r kJ Mm if'ffuuro, mlett.r pics Supftnoi fle igi« in i.(!)O£« uh at tho Ftt:: T" a £,ta>» OP co J AED^, ciki l h(mi ft or le'Ur pip^r) \J in pi m »"(1 ii nj tjpe. Caitc.s* P<ceipts piinted, bound and pcrfoiated, the Evekinq Stab Office.