Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume VIII, Issue 2318, 11 June 1886, Page 4

■■ ■ y\ '. '..company./ .-■ . (LIMH'IJIi) , ' _ RixiisTKitßi) 12f,h Llav,: ISBO. I (Limitingtiio.litibility of sharoholdcis to ■lt tiiii amount of their shares.) t- CAPITAL ... ~~.. .... £60,000 I I.V 5000 Shakes of £lO Eagu. J Payable as follows lid per share on , it application, ?s fid on allotment, and 2s (id |ier share thereafter, payable monthly, for 38 successive months (if required), and on the first Monday of every month-, until £5 per share is paid; the balance (if required) as the Directors may appoint. No notice of instalments given to shareholders. Directors; Thomas Mason, Est],, settler, Taita, flutt It Edward Barber, Esq., settler, Petone Charles F. Beatsou, Esq., architect, O.S, '. Hntt t James Hector, Esq., M.D., C.M.G., Petone S. R. Johnson, Esq., nicichant, Petone le W. J.Kirk, Esq.,C.S., (Chairman Petone 1 Town Board), Petone Bankers : The Colonial Bank of New Zealand. Secretary : Mr G. Bell Williamson. ; i Solicitors: Brokers : Messrs Williamson & Co, EXTRACTS FROM MEMORANDUM OF ASSOCIATION The objects for which the Company is established are : (a) The granting of loans on the. mortin the colony of New Zealand, repayable on such twins by instalment or otherwise as may be agreed on with tho borrower, and subject to such bye-laws and other regulations of the Company as may be made affecting the same. (b) The granting of loans on the security of sheep, wool, cattle, llax, agrieultural produce, and other personal property 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 any security not herein generally described ua ;i proper subject for advances or loans. (c) The purchasing, selling, exchanging, holding, leasing, and disposing of freehold and leasehold property in the said colony. (f) The borrowing and raising of any sum or sums of money for the purposes of the company, from any person or persons, for any period or periods, and either by receiving the same on deposit, or by the issue of debentures, or by the giving of a mortgage over any property of the company, or by transfer by way of mortgage | of any securities to the company, and the I paying of interest on such monies so greed upon. ((/) The, receiving from any person or ! payable on certain lixed days, and of such I 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 fixed periods commencing from the payment of the first of such instalments, any sum of money as may be agreed upon. (0 The entering into, contracting for, carrying out, and doing all such other acts, matters and things as may be incidental to, or conducive to the attainment j -of all or any of the above objects, or all I or any objects of a like or similar nature, | &c, Ac., J This Company will combine the adi vantages derived fiom the experience (if j many other similar successful institutions . now working in the Colony. ! The general principal aimed at is: That : the interests of all concerned shall be | purely reciprocal; the main features j being : | 1. To provide capital whereby residents '■ and others will be enabled to acquire ; property, fred.old, or leasehold, in town : or country, by means of easy periodical I repayments which leave a reasonable mar- : gin of profit to the Company, while being | amply protected in point of security. j 2. To einble persons possessed of land j to erect buildings thereon, either by pro-gress-payments or in a lump sum, rci payable by instalments, or at the expir- ; ation of a lixed period of years. , 3. To receive deposits, and to afford a ! safe and profitable investment both for 1 capitalists and during accumulation of | smaller savings by others. ; iTo grant loans to members on the : value of their shares; and, generally, to ; encourage in every possible- way—con- | siotent with sound security—members inI the direction of thrift and independence, | by enabling them readily to acquire pro- | perty, and particularly to obtain a com- ! fortable freehold home, without incurring | the exorbitant charges which so frequenti ly iitti'iKl private.anungements. ; 5, It must be obvious to every resident, ■ and to every observer of the extraordinary ; progress of these localities, that this Comj puny will provide for an absolute and urgent necessity which exists at the pre- ! sent time. ; (i. It- is consequently believed that the I residents, nnd the public generally, will | warmly welcome and support the advent '. ! of such an institution, the first in the 1 district. I 7. Also, that they will appreciate the ! privilege of obtaining admission as share- : holders to a financial undertaking of this operations, when no large sum represent- ; tug paid-up shares, nor the usual heavy premium on such are required as, owing to their success, is the case with most other financial Companies in tho Colony J now carrying- on business. S. The Directors will consider each application for shaics on its merits, and - will allot accordingly, but they reserve the right to refuse any allotment absol- ; utely if they shall think fit. In sueh 6 cases the deposit will be returned in full. „ Applications for shares, in the form annexed, may be wade to the Secretary « at Wellington and Petone, either directly, ' or through the Brokers of the Company, or any Agents. Evcrv application must Colonial Bank for tho amount of such deposit. Application forms may be obtained from tho Secretary and Brokers, " their Agents, or at any Branch of tho 1 Colonial Bank of Now Zealand. e WILLIAMSONS CO., a Star Chambers, 5 FOR SALE. TIIRST-OUSS OATS and POTATOES Jj of beat quality delivered ir. or near Masieiuos' in quantities to suit customers - at Wholesale Prices. Also, Several E DRAUGHTBORSES and food HACKS. » Apply- JOHN HESSEY, I 2258 Upper Plain, a F.B. NOBLE, ] Having purchased the i iiIKUJi-l fittward.Jones, will attend at if' :' the UEWAY STATION i On arrival and despatch of trains, deliver- / ing goods, packages, &c, in all parts of • the town at current rates. Ordersi left at- : Mrs Morris* Little shop I punctually attended to. '--.-. 6022 2