Page 4 Advertisements Column 4

Tuapeka Times, Volume V, Issue 359, 27 May 1874, Page 4

PrpspeGtus^s*^. . .... 7th. The amounts of New Zealand Money in tho hands of the three Banks from Australia trading in the Colony on 31st December last, as shown 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 £903,425 Bank of Now South Wales 560,000 104,849 664,849 Bank of Australia • - - 193,000 38,962 231,962 Showing 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 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 operations in those Colonies. Bth. The Promoters, in placing the foregoing facts before the people of this Colony, desire to point out the very great disadvantages that colonists are sure to labor under by lending — or rather giving — such large Bumß 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 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 tlian 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. 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 in 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 to 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 ss. per Share be made and payable two months after Allotment ; that a Second Call of ss. per Share be made and payable four months after Allotment ; and that a Third Call of ss. per Share be made and payable six mouths after Allotment — making together 30s. paid up per Share. No further Call to be made within twelve months of the Bank first commencing business m Dunedin ; after which future Calls will Lot exceed ss. per Share, nor bo made at shorter intervals than three months between each Call. 11th. The Act of Incorporation for this Bank will be 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 Promoters have much pleasure in strongly recommending! The Colonial Bank op New Zealand to the support of all Colonists -having the Teal welfare of New Zealand at heart. ' Such an Institution is much wanted ■ at. tlie present; tiinej a.xicl &s tlie cLeveloy>ment> of the Colony proceeds, its usefulness will also increase, and be more and more appreciated, both as an investment for the Bavings of the peoplo, 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. Applications for Shares will now be received at the Temporary Offices of the Bank, Highstreet, (late Club), where forms of application and full information can be obtained ; or, from Wm. Hayes, Esq., Lawrence. FORM OF APPLICATION FOR SHAKES. ' Date 1874. TO THE PROVISIONAL COMMITTEE OP THE Colonial 'Bank op New Zealand. • Gentlemen, — I hereby make application for Shareß in tho above Company ; and hand you herewith the sum of £ , being the amount of Five Shillings per Share deposit on the same ; and I agreo to take the said Shares, or any less 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 aie prepared to take if allotted to them. PROSPECTUS OP THE TTTIAIPORI QUARTZ MINING COM- \\ , PANY (LIMITED). ' PROVISIONAL DIRECTORS: Mr. Geo. Whittingham Mr. R. Burns „ Geo. W. Eliott „ G. P. Farquhar „ Geo. Turnbull „ John Mitchell „ John Davie „ James Manning BANKERS : Bank of New Zealand. LEGAL MANAGER:, Mr. M W. Hawkins, Princes-street, >Dunertin. The flhare list will close on the 31st May. Applications for shares, accompanied by deposits of 2s. 6d. per share, to be made to M. W. Hawkins, Legal Manager, Princesstreet, Dunedin ; or may be paid in to the Bank of New Zealand at any of the branches and country agencies. For full detail, see printed prospectus. Agent for Lawrence :—: — H. L. SQUIRES, Ross Place. NOTICE TO CARRIERS. fTTHE Undersigned can now supply, in any 1 quantity, OATS, CHAFF, and HAY, at lowest current rates. R. M'LEOD, Benger Burn. TTTEST TAIERI HOTEL, THOMAS BUTLER {for ten years in business' at Waipori) begs to inform his many friends in Waipori and Tuapeka, and the public generally, that he has taken the above large and commodious Hotel, which he has fitle,d up with every convenience for the travelling public. The bed^rooms/are airy and comfortable . and those who favor ,T. B. with their patronage will receive the best of attention. The Stabling accommodation is excellent, and every attention' is paid to horses. There is one of Alcock's best Billiard Tables on the premises. Wines and Spirits of the best brands are only kept. Good paddocka close to the.house.