Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume VIII, Issue 2307, 29 May 1886, Page 4

rjIHE PRTONE AND HUTT BUILD--1 ING AND INVESTMENT COMPANY. (Limited) Reoistrrcd 12th May, 1880. (Limiting the liability of shareholders to . the amount of their shares,) CAPITAL ... £50,000 . In'sooo Shakes of £lO Eaoh. Payable as follows:—2» Oil per share on ..,1 application, 2s (id on allotment, and y. 2s (id per share thereafter, payable -■K monthly, for 38 successive months (if ■■.■. required), and on tlie first Monday of month,'until £5 per share is >■';?;..>; paid ; the balance (if required) as the may appoint. No notice mstalments given to sliaroholdo'ra. ■■'■'^.', ..;■:■ /v 'Tlumiasjlason; Hutt ;Edwiird;%beV v ;Esq; ■ /settlor;' Potone '&■■ ■Cliarlc3;Fi ? fießt3oiiivEsq.^arohitect,-0!S. ■G oovgti; Gav-tor. ; ligqVy builder; Petone';/' ■■. 'J:unes/ :HMtlu:; ; ,;Es|V;t : ;M.jD^; : aEG,' :.„Petone/' ■ ftiß,,Jnhnsoii'Esq., ; meichant,/Pet6i)6//: Toyrri\Board),;PetoriQ.. . '■■■''!''.'..'.■,v.'3 ,-.;■■,.;■:., '■■' . Zealand; .; SECRETARYJr-' ■■■■■'.'. ".]■'■'■:■:. Solicitors':. ; Brokers.: ■.:■,' Messrs. Williamson- k. : Go,

EXTRACTS FROM MEMORANDUM OF ASSOCIATION ",../.i The objects for ivhio)i;t]ie:'.Compan|: aestablished are:— ■■" ':'> ; i 1 '■' (a) The granting of loans piv the- ni:prtgaffe of fteeliokl and. Leasehold property, in the colony of New Zeiilaiid,. Tepayiible\ on susl'i terms by; instalment. of,6therwise as may be -agreed on with the. : borrower, and subject tosuiih :bye : la% and other regulatipna of the Company ■ asi: may fe miid« nit^ttiig-tho-sanie. (fi) The granting' of loans oil. theaecur-' ity *if sheep, wool, 'cti'ttle,- flax : , ajjjricuV tufa! prodiiee, and' other pefsohnlfpro-; pefty generally;, but .not the; mating .of advances or loans on or by discounting bills of exchange or promissory liote.s, nor tlio granting adyiindo's or loans upon, any security not heroin g.ene;raliy doscribedasa proper, subject for advances, or loans, (c) The purchasing, selling,-exchanging,: holding, leasing, and disposing of freehold and leasehold property in tire' said colony. (/jTl.ie borrowing and raising of any sum or sums' of moiiey for tlie purposes pf the company, from any person or .persons, fo.r : any period, or periods, and -either 'by receiving tlie same on deposit, or'by .the. issuo of debentures, or by the giving of a mortgage over any property of tho com.party, or by transfer by way. of tnyrtgago o( aiiy SMMiitics to thti comptt.nyj aiiiii tHfl paying of interest on s.ucli monies s.o borrowed at such rate M' rates as may .be agreed upon. . (rj) Tho .receiving from any- person Or "pei'sons periodical instalments of money; payable on certain fixed days, and of such amount as in(ty bo agreed oil with the person Of persons' so investing,-' and thocontracting to, pay, and the paying to such, person, Or. persons at tire expiration of any fixed period's commencing ffoni the> payment of the first of such instalments,'any. sum of. riioiiey as may ho agreed upon, ■ (t) The. entering .into, contracting: fprj carrying out, and doing all such other acts', .nrattera and things, as may hi? incidental tiij of conducive to. the attainment of all or any of thp above objects', or- all: ;or any objects of a like or similar nature, &d, &<:.',■".'>■■

K'Tliis Company will combine the ad< yantagea derived from the experience of many other aiii 1 ilar .anccessfUl .institutions now' working in the colony, ;,, The general principal aimed at.is ■.'That-,. the interests of all concerned: ; slia)} be purely . recijii-ocal::. the main features hcitig' i— ■ .■■ 1. To.pi-uvfde. capital whereby'residents and otliqi-s will' bo, enabled to acquire property, froeliokl, or leasehold, in. town or country, by nieaiis' of easy periodical repayments which leave a fbasOijablo margin of profit to tlio Company,, while beiiig. amply protected in point, of security, . 2; To eniible persona possessed of land to erect buiidihua thereon, ejthpr.by pr> Xress-payments'or in a iurap./'sum; repayable by inatal.niehts, oj' at the expiration of a fixed, period of years. 3; To receive deposit's, and. to. afford ■ a safe and 'pro'fitalik- investment both for Capitalists and. during, accumulation of sinaller Baviiiga by i. To giant loans to' members' on'trie value, of their .share? ;.and, generally,, to encourage in evefy possible. way-H.cbn-sistent with sound security—members in, the direction of thrift and independence, by ehahliijg them .readily to acquire, property, and particularly to obtain a eonv lortable freehold home, wifhou'tinquvririg the exorbitant chaises which so frequently attend, private jarraivgenierits, i). It must- be obvious to every resident, and to every observer of tlme'xtraordmaiy progress of these localities, thaUliis Company will' provide for an absolute arid, urgent necessity which, exists at the present tiirtOi ' ;

i (i. It- iff consequently believed -that the VCsidoiita, and the" public. generally, will warmly welcome arid auppoit 'the advent of such anjiißtitutfiiri, the fii:st. in the district. 7. A.lao. that they 'will apjireciatp. the privilegd of obtaining juhiiis'sibn as shareholders to a financial undertaking. 6? this description, at. the coMriien.cem.e'nt of its operations, when no liinje sum represent irig paid-up shares,, nov the. usual heavy premium on buc.li are required -as,,-' owing to their suecess v is Hip . ease' with inpst. other financial Companies'in the Colony Dow carryiii« onbilsiiie'sa. Hi The- directors will coiisidei';.'.'each application forMjareß'on . -will allot, .accordingly 1 ;. ibutvtliuy...::rp6ervo'. ■ -u'tcly. .jfvthoy: ilifelimk ■;■ :c.aQ6c.;.thp;:clup'6sit will : :bp^^ .:Applicati6ns",f(ir;ciia,reß; ."in .-ilie;i form;: ;tnn.exed.,;!iiay^%:inrid%it6' t]io|;nSoi!rotary ;at Weiluigtoaa ii(l,Pqtono, ; eith e or tlmiuglv-tlio 1 Brt(kpvs ; of.thfr. or any Ageiits) 13yo applicafcipn; ,mtist lie lipan ipcl; by:' : ilr /byMecejpHromrariy Colpniai^Batik/for^tho. l deposit. 'Applicati6]i:forniß,.niay.:be: ob.-r thejrAfjont3; ; or:;oianyVßrauclv : yof; : the'i Colonial Banfc of. No w)ZualahdvV r '"■:■ ■ ;■'■■ -i\x.;'-. Stai-'Oila,iiib :>;;•. 41, ;Latnbf6li-Qiiayj,. '.-.•, '. :f : flEljlM;ofoi|ljeV ; Bui||f;;Twonty; , ! -i :.:jP ouhdi';;(£2P)ifpr^afiy :: inforination' ■suchaswiirleadto;the. : cphyidti6ri ofjthe ;:piiiiioiijoF■persons? toithe I: ■the : ;.'.';lca" : property,;on Thursrdityhigiit las't^lst'April &-; : V--\- '"■ m&yrSp ;r. : <:-KW:':.AISDR]!:W. : :' FOR SALE. fhIRST-CLASS OATS «nd POTATOEB ■JJ of best quality delivered ir. or near Mahteeton in quantities to suit customers at Wholesale Prices, Also, Several DRAUGHT HORSESandpood HACKS. Apply- JOHN HESSEY, 2'268 UppttPlnia.