Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume VIII, Issue 2317, 10 June 1886, Page 4

ftTtn;:?ETOXE AS?3 ftnrr BUILD-, I liNG AND INVESTMI-LNT : COMPANY. (JjlMlTßi))'. : ■■■ Rkoisterei) 12t.1i May, .1886, (Limiting tho liability of shareholders tu tlie amount of their shares.). CAPITAL ... ... £50,000 In 5000 Sharks ok £lO Each. ■ Payable as follows 2s Cd por share On application, 2s (id on allotment, arid 2s (id pet share thereafter, payable monthly, for 38 successive months (if iWfiiired), aiid on, tlie first Monday of overy month, until £5 .pot sluto is paid; the balance (if required) as tlio Directors may appoint. No notice of instalments given to shareholders. Thomas Mason, Esq., settler, Ta'ita, flutt Eihvard Barber, Esq., settler, Petone Charles P. Beatson, Esq., architect, O.S. Hutt, George Carter. .ISsq., builder, Petone James Hector, Esq., M.D., 0.M.G., Petone S. R. Johnson, Esq., merchant, Petone W, J; Kirk, Esq., C.S., (Chairman Potone Town Board), Petone . Bankers : The Colonial Bank of New Zealand. Secretary : | Mr G, Bell Williamson, j Solicitors : EXTRACTS FROM MEMORANDUM OP ASSOCIATION The objects for which the Company is established are (a) The granting of loans on tho mortgage of freehold and leasehold property | in the colony of New Zealand, repayable I on suctl terms by instalment or otherI wise as may be agreed on with the | borrower, and subject to such bye-laws I and other regulations of the Company as j may bo made affecting the same. Directors: Brokers : Messrs Williamson & Co,

I (b) The granting of loans on the aecuri ity of sheep, wool, cattle, flux, agriculI tural produce, and other personal proj percy generally; but not the making of ' advances of loans on or by discounting bills of exchange or promissory notes, nor the granting advances or loans upon ! any security not herein generally des- ! cribed as a proper subject for advances ; or loans. : (c) The purchasing, selling, exchanging, , holding, leasing, :md disposing of freeI hold and leasehold property in the said colony. ■ (/') The borrowing and raising of itny ' sum or sums of money for the purposes of i the company, from any person or persons, I for any period or periods, and either by • receiving the same on deposit, or by the | issue of debentures, or by the giving of ft mortgage over any property of the com- , pany, or by transfer by way of mortgage of any securities to the company, and the ' paying of interest on such monicß so 1 borrowed at such rate or rates as may be ; agreed upon. < (;/) The receiving from any person or persons periodical instalments of money payable on certain lixed days, and of such I amount as may be agreed 011 with the ' person or persons so investing, and the contracting to pay, and the paying to such person <>r persons at the expiration of any fixed pci'iods commencing from the pay--1 ment of the first of such instalments, any 1 sum of money as may be agreed upon. : (i) The entering into, contracting for, ; carrying out, and doing all such other acts, matters and things as may be inci- : dental to, or conducive to the attainment ' of all or any of the above objects, ov all i or any objects of a like or similar nature, ! &C., A'c., i This Company will combine the ad- ■ vantages derived ftom the experience of I many other similar successful institutions | now working in the colony, i The general principal aimed at is: That | the interests of all concerned shall be : purely reciprocal; the main features i being 1 1. To provide capital \vhereby residents and others v. ill be enabled to acquire ■ property, freehold, or leasehold, in town i or country, by means of easy periodical | repayments which leave a reasonable niar- | gin of profit to the Company, while being ; amply protected in point of security. 2. To enable persons possessed of land | to erect buildings thereon, either by pro- : grcss-paymcnt.B or in a lump sum, re* | payable by instalments, or at the expir- ! ation of a fixed period of years, i 3, To receive deposits, and to afford a i safe and profitable investment both for i capitalists and during accumulation of j smaller savings by others. ; 4, To grant loans to members 011 the I value of their shares; and, generally, to ] encourage in every possible way—conj sistent with sound security—members in

• the direction of thrift and independence, 1 , by enabling them readily to acquire pro- ■ pertv, and particularly to obtain a comj fortuble freehold home, without incurring , I the exorbitant charges which so frequent- ; ly attend piivak-amngcntents. ,i 5. It must be obvious to every resident, ; and to every observer of the extraordinary j progress of these localities, tliafc tliia Qom- ! pany will provide for an absolute and urgent necessity which exists at the pre- : sent time, i 0. It is consequently believed that the ; resident!!, and the public generally, will i warmly welcome and support the advent i of such an institution, the first in the • district, ' 7. Also, that they will appreciate the privilege of obtaining admission as share- ! holders 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 as, owing j to their success, is tho case with moat j other financial Companies in the Colony ; now carrying on business. 1 8. The Directors will consider each application for shares on its merits, and : will allot accordingly, but they reserve ! tho right to refuse any allotment absol- : utely if they shall think lit, In such •| cases the deposit will be returned in full. j Applications for shares, in the form ; annexed, may bo made to the Secretary I at Wellington and Petone, either directly, j or through the Brokers of the Company, jor any Agents, Every application must j be accompanied by the required deposit, ; or by a receipt from afty Branch of the i Colonial Bank for the amount of such i deposit, Application forms, may bo ob> s > tained from the Secretary and Brokers, ! their Agents, or at any Branch of the 1 Colonial Bank of Kew Zealand. ' WILLIAMSON & CO., i i Star Chambers, \ 41, Lambton-Quay, Wellington. : , poR SALE" THIRST-CLASS OATS and POTATOES jj of best (juality delivered ir. or near Masteuxos in quantities to suit customers at Wholesale Prices. Also, Several DRAUGHT HORSES and pood HACKS. Apply- JOHN HESSEY, 2258 Upper Plain. F7E. NOBLE, Having purchased the 2S.3EJ? JES 3SSS FROM Edward Jones, will attend at flie RAILWAY STATION On arrival and despatch of trains, delivering goods, packages, Ac., in all parts of the town at current rates, ' Orders left at lire 'Moms' Littlo shop punctually attended to. •, OOSS