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■ , Prospectuses. 7th. The amountfe of New Zealand Money in the 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. "Onion Bank of Australia - £870,000 £123,425 £903,425 Sank of New South Wales 560,000 i 04,849 664,840 Bank bf Australia • « - 193,000 38,962 231,962 Showing a total of £1,890,236 or nearly two millions of money belonging to cdlonists entrusted to Boards of Directors in Melbourne or Sydney to control or manipulate as it may please tbeir tastes ; or as it may be convenient for the good of coiflmel'ce 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 axnfe t'd labdr under by lending — 6r father giving — such large sums df money aa 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 dtimain the absolute cdntrbl of their own moneys ; as by so dding they will mdst effectiially 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 rdofc. 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 df the Provisional Committee is willing to become a subscriber for the number of.Sb.ares 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 not exceed ss. per Share, nor be made at shorter intervals 4tkm. three months between each Call. •11th. The Act of Incol*poratidn for this Bank will be f rattle! as t'd 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 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, both as an investment for the savings of the people, and as a useful Bank. Judging from the influence and Bound experience possessed by the promoting Members of Committee, it is certain that no similar Institution has ever yet be,en launched in the Southern Hemisphere under hetter 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 FOE SHARES. Date.* 1874. to the peotisional committee 03? the Colonial Bank of New Zealand. Gentlemen, — I hereby make application fOlf 01 Shares in the above Company ; and hand you herewith the sum of £ . being the anttiunt of Five Shillings per Share deposit on the same \ and I agree to take the said Shares, or any less numbei that may be allotted to me, and I f urthei 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 , subscribe^, among : themselves for 25,475 • Shares, which they aie prepared to tako ii allotted to them. NOTICE TO CARRIERS. THE Undersigned can now supply, in anj quantity, OATS, CHAFF, and HAY at lowest current rates. \ . R. M'LEOD, Benger Burn. • TTTEST TAIERI HOTEL L THOMAS BUTLER (for ten years ii L business at Waipori) begs to inform his manj friends in Waipori and Tuapeka, and th< > public generally, that he has taken the abov< E large and commodious Hotel, which he has f fitted tip with every convenience for th( ■ travelling public. The bed-rooms are airy and comfortable 5 and those who favor Tv B. with their patron } age will receive the best of Attention! I The Stabling accommodation is excellent, - and every attention is paid to horses. 3 Thereis one of Alcock's best Billiard Tables b on the premises. I Wines and Spirits of the best brands ar< L only kept. Good paddocks close to thebhouse. ipAMP HOTEL " CARNIE HILL, SWITZERS ' (Next the Telegraph oSi<&). | Robert Fbegttson - - Proprietor Travellers and others will find every com fort and convenience at this old-establishec 3 Hotel. 8 The Stablea are lofty and commodious an< 8 ; fitted with loose-boxes, and every attentioi 9 is paid to horses. r A full-sized Alcock Billiard Table on fch< 313 1 premises. None bit tike i&ost faVorite brands of Wines s Spirits and Ales are'keptv • i HAIR CUTTING AND EASY SHAVINC AT 9 TT 11.I 1 . MA^S NEW SHOP \ -"■* Next TtrAP&cA. TijSes O&cfe, i ; Ross Place, Lawrence. b* 1 Tobacco and Fancy Goods in great variety. i JOHN COLE CHAPPLE I MINING AND COMMISSION AGENT, I ALEXANDRA r Any Busifteas entrusted to his care wfl fee jpr&ntptty -attended to*

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TT18740624.2.17.3

Bibliographic details
Ngā taipitopito pukapuka

Tuapeka Times, Volume VII, Issue 367, 24 June 1874, Page 4

Word count
Tapeke kupu
1,023

Page 4 Advertisements Column 3 Tuapeka Times, Volume VII, Issue 367, 24 June 1874, Page 4

Page 4 Advertisements Column 3 Tuapeka Times, Volume VII, Issue 367, 24 June 1874, Page 4

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