Page 4 Advertisements Column 4

Tuapeka Times, Volume VII, Issue 366, 20 June 1874, Page 4

Prospectuses. 7th. The amounts of New Zealand Money 1 in the hands of the three Banks from J 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 a Australia - £870,000 £123,425 £903,425 c Bank of New i. South Wales 560,000 . 104,849 664,849 Bank of Aus- c tralia • - - 193,000 38,962 231,962 p Showing a total of £1,890,236 or nearly two millions of money belonging to colonist* entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please their tastes ; or as it may be i convenient for the good of commerce in Victoria or New South Wales j, or for the beneficial regulation of their exchange operations in those Colonies. Bth. The Promoters, in placing the foregoing facts before the p«ople of this Colony, a desire to point out the very great disadvantages that colonists are sure to labor under by lending — or rather giving — such large sums of money as stated above to foreign Banks, to be lent back to the people here at very high rateß of interest, and on most arbitrary conditions. a They therefore have no hesitation in suggesting the prudence and wisdom of the colonists s keeping within their own domain tbe absolute control of their own moneys ; as by so doing t 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. 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 thp 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 ss. 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 j Share be made and payable six mouths after Allotment — making together 30s. paid up per ; Share. No further Call to be made within 'j twelve months of the Bank first commencing business m Dunedin ; after which future Calls ' will JiOt exceed ss. per Share, nor be 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 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 development of the Colony proceeds, its usefulness will also increase, and be more and more appreci- 1 ated, 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 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. Hatbß, Esq., Lawrence. FORM OF APPLICATION FOR SHARES. Date 1874. To the Provisional Committee op the Colonial Bank op New Zealand. Gentlemen, — I hereby make 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 legs 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. *Th« Provisional Committee have already subscribed among themselves for 25,475 ' Shares, which they aie prepared to take if ; allotted, to them. NOTICE TO CARRIERS. THE Undersigned can now supply, in any quantity, OATS, CHAFF, and HAY, at lowest current rates. R. M'LEOD, Benger Burn. TTTE S T 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 fitted 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 paddocks close to thefthouse. pAMP HOTEL, CARNIE HILD, SWITZERS (Next the Telegraph Office). Robert Ferguson - - Proprietor. Travellers and others will find every comfort and convenience at this old-established Hotel. -The Stables are lofty and commodious and fitted with loose-boxes, and every attention is paid to horses. A full-sized Alcoct Billiard Table on the premises. None but the most favorite brands of Wines, Bpirits and Ales are kept. HAIR CUTTING AND EASY SHAVING AT HF. MAY'S NEW SHOP, • Next Tuapeka Times Office, Ross Place, Lawrence. Tobacco and Fancy Goods in great variety. JOHN COLE CHAPPLE, AUCTIONEER, MINING AND COMMISSION AGENT, ALEXANDRA Any Business: entrusted to. /his card mil be. promptly attended teu