Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume VIII, Issue 2316, 9 June 1886, Page 4

;.,t. vfl'i". l.'i'tif.ixi-j >\\\»i.ii ULILD- , 1 LNU AlsD \ COMPANY. (Limited) .. Rkoistehed 12fli MAY, 1880. . (Limiting tlie liability of shiirghyldera tu ■ tho amount of their shares.) ■ CAPITAL £50,000 In 5000 Sharks of £lO Each. Payable as follows2s Od per share on application, 2s 0(1 on allotment, and 2s (id pet titans thereafter, payable monthly, for 38 successive months (if required), and on the first Monday of every month, until £» per share is piiid; the balance (if required) as the Directors may appoint. No notico of instalments given to shareholder!!, Directors : Thomas Mason, Esq., settler, Taita, Hutt Edward Barber, Esq., settler, Petono Charles F. liwitson, Esq., architect, C.S. Hutt George Carter. Esq., builder, Petoue James Hector, Esq., M.P., C.M.G., Petoue S. H, Johnson, Esq., meichant, Petono \V. J.Kirk, Esq.,C.S., (Chairman Petoue Town Board), Petoue Bahkeiis : The Colonial Bank of New Zealand, Secretary ; Mr G. Bell Williamson. Solicitors ; i Brokers: Messrs Williamson Co, I EXTRACTS FROM MEMORANDUM OF ASSOCIATION. Tho objects for which the Company is , established are I (a) The granting of loans on tho • mort- ! gaao of freehold and leasehold property ; in the colony of New Zealand, repay&blo ■' on such terms by instalment or other- ' wise as may be agreed on with the I borrower, and subject to such bye-laws j and other regulations of the Company as ; may bo made affecting the Bame. ! (b) The granting of loans on the secur- : ity of sheep, wool, cattle, flax, agricultural produce, and other personal pro- ; perty generally; but not the making of ■ advances or loans on or by discounting bills of exchange or promissory notes, nor the granting advances or loans upon I any security not herein generally des- ; cribcd as a proper .subject for advances i or loans. ! (c) The purchasing, selling, exchanging, i holding, leasing, and disposing of freo- ! hold and leasehold property in the said | colony, | (f) Tho borrowing and raising of any I sum or sums of money for the purposes of | the company, from any person or persons, I for any period or periods, and either by | receiving tho same on deposit, or by tho ! issue of debentures, or by the giving of a ! mortgage over any property of the com- | pany, or by transfer by way of mortgage j of any securities to thu company, and the j paying of interest on such monies so j burrowed at such rate or rates as may be

i agreed upon. | (ii) Tlid receiving from any person or I persons periodical instalments of money i payable on certain fixed days, and of such ! amount as may be agreed on with the | person or persons so investing, and the ! contracting to pay, and the paying to such | person or persons at the expiration of any i fixed periods commencing from the payI went of the first of such instalments, any j sum of money as may be agreed upon, j (i) The entering into, contracting for, i carrying out, and doing all such other acts, matters and things as may be incidental to, or conducive to the attainment of all or any of the abovo objects, or all or any objects of a like or similar nature, &c,, &c., This -Company will combine the advantages derived from the experience of many other similar successful institutions now working in the colony. The general principal aimed at is: That the interests of all concerned shall he purely reciprocal; the main fcaturos being 1. To provide capital whereby residents and others will he enabled to acquire proportyji'ceiii'ld, or leasehold, in town or country, by means of easy periodical repayments which leave a reasonable margin of profit to the Company, whilo being amply protected in point of security. 2. To oinblo persons possessed of land to erect buildings thereon, either by pro-gress-payments or in a lumi> sum, repayable by instalments, or at the expiration of a fixed period of years. 3. To receive deposits, and to afford a safo and profitable investment both for capitalists and during accumulation of smaller savings by others. 4. To grant loans to members on the value of their shares; and, generally, to encourage in every possible way—consistent with sound security—members in the direction of thrift and independence, by enabling thorn readily to acquire property, and particularly to obtain a comfortable freehold home, without incurring the exorbitant charges which so frequently attend private;'ari'angemcnts, 5. It must be obvious to every resident, and to every observer of the extraordinary progress of these localities, that this Company will provide for an absolnto and urgent necessity which exists afc the present time. 0. It is consequently believed that the residents, and the public generally, will warmly welcome and support the advent of such an institution, the first in the district. v. Also, that they will appreciate the privilege of obtaining admission as shareholders to a financial undertaking of this description, at the commencement of its operations, when no large sum representing paid-up shares, nor the usual heavy premium on such are required a*, owing to their success, is the case with most other'financial Companies in the Colony now carryinir on business, 8. The Directors will consider each application for shaies on its merits, and will allot accordingly, but they reserve the right to refuse any allotment absolutely if they shall think fit. In such cases the deposit will be returned in full. Applications for shares, in the form annexed, may be made to the Secretary at Wellington and Pefcolie, either directly, or through the Brokers of the Company, or any Agents, Every application must be accompanied by the required deposit, or by a receipt from any Branch of the Colonial Bank for the amount of such deposit. Application forms may be obtained from tlio Secretary .and Brokers, their Agonts, or at any Branch of the Colonial Bank of New Zealand. WILLIAMSON & CO., Star Chambers, 41, Lambton-Quay, Wellington. ~"FOiTSALE, - ~~ TjURST-CLASS OATS and POTATOES fj of best quality delivered in or near MAfii'iißTON in quantities to suit customers at "Wholesale Prices. Also, Several DRAUGHT HORSES and cood HACKS. Apply-- JOHN HESSEY, • 2258 Upper Plain. HfirffoßLi; Having purchased tho Edward Jones, will attend at V "the Ou arrival and-despatch of trains, delivering goods, packages, itc., in all' parts of. the town at current rates. . Orders left at Mrs Morris' Little shop punctually attended to. . C 022