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, ; B^toii^^%,!i^(L'..-.' : Wyj, tliii liability of, sfyirolipldeis-jto,; ] ' tluyjimpiiiitoftheir ,-::' : i 'CAPITAL"- '..'. ... - ':.;..\ £Sp,OQO- jg Imsooo Shares' Ok£loEach, ~ . Payable as follows:—2s' b'djior/ share- on '■; application, '2s'(klim allotment, ft,lt ' . 2s (id pur share thereafter, payable . monthly, for 38 successive'months (if • required), and om the first Monday of T every iiKintli, until £5 per share is paid; the balance (if required) ria the ■;. Directors may appoint. No notice (, (if instalments given to shareholders.. ••'. : '■" Directors: .•:....:: "1 Thomas Masoii, Esq., settler, Taita, Hutfc 1 Edward Barber, Esq., settler, Petone _, Charles F. Beatson, Esq., architect, O.S. •; Hutt 1 George Carter, Esq., builder, Petone ■' t James Hector, Esq., M.D., C.M.0.,. I retime • ' i S. K. Johnson, Esq., meiehaut, Petone W. J.Kirk, Esq.,C.S., (Chairman Petone . Town Board), Petone ■ ' ] Bankers ; ; 1 ! The Colonial Bank of Now Zealand. ' Secretary : I j MrG. 801 l Williamson. : 'j i Solicitous : • i I Brokers: "; '■< ■ ■• Messrs Williamson t.Co, i EXTRACTS FROM MEMORANDUM I OF ASSOCIATION. ! The objects for which the Company is ' established lire : i • (a) The granting of loans oil the nioitj'grtireof freehoril and ; leasehaid property , i in the colony of New; Zealand, repayable lun such terms by /instalment or other- | wise as may be agreed on with the j borrower, and subject to such byo-lawß j and other regulations of the Company rb I may be made affecting the same. I (b) The panting of loans on the bocuv- ' ity of sheep, wool, cattle, flux, agriculj turnl produce, and other personal property generally ; but not the making oi ! advances or loans on or by discounting : bills of exchange or promissory notes, , nor the granting advances or loans upon i any security uol herein generally doai cribed as a proper subject for advances ! or loans. | (c) The purchasing, selling, exchanging, : holding, leasing, and disposing of free--1 hold and leasehold property in the said ■ing and raising of any ; sum or sums of money tor the purposes ut ' the company, from any person or persona, ! for any period or periods, and either by i receiving the same on deposit, or by the I issue of debentures, or by the giving of a i mortgage over any property of the com- ! pany, or by transfer by way of mortgage I of any securities to the company, and the i paying of interest on such monies so ; borrowed at such rate or rates as may he : agreed upon. i ([/) Tim receiving from any person or ! persons periodical instalments of money payable on certain fixed days, and of such ! person or persons so investing, and the I contracting to pay, and the paying to such ; person or persons at- the expiration of any i fixed periods commencing from the payi limit of the first of such instalments, any ! sum of money as may be agreed upon. : (i) The entering into, contracting for, \ carryinu out, and doing all such other ; acts, matters and things as may be inci- : dental to, or conducive tinhe attainment 1 : of all or any of the above objects, or all j or any objects of a like or similar nature, ' <k, ik, I j j Tliib Company will combine the adI: vantages derived fiom the experience of | many other similar successful institutions j now working in the colony. I j Tho general principal aimed at is: That ( : tho interests of all concerned shall he ! purely reciprocal; tho main features | being : \ 1, To provide capital whereby residents ' and others will be enabled to acquire ' | property, freehold, or leasehold, in town ' or country, by means of easy periodical , i repayments which leave a reasonable mar- ' j gin of profit to the Company, while being '! amply protected in point of security. j 2. To enable persons possessed of land j to erect bnildrmy thereon, either by proi gress-puyments or in t lump sum, re- | payable by instalments, or at the expir- * j fttwm of a fixed period of years. II 3. To receive anposits, and to afford a I safe and profitable investment both for | capitalists and during accumulation of e smaller savings by others. I 4. To grant loans to members on tho i value of their shares; and, generally, lo encourage in every possible way—consistent with sound security—members in the direction of thrift and independence, . by enabling them readily to acquire prot perty, and particularly to obtain a comi] fortable freehold hunie, without incurring i- the exorbitant charges which so frequents ly attend private arrangements, b 5. It must be obvious to every resident, i. and to every observer of tho extraordinary 1 progress of these localities, that this Com- ,, pany will provide for an absolute and if | urgent necessity which exists at the pros I sent time. i j (i. It is consequently believed that the | residents, and the public generally, will i warmly welcome and support tho advent i, [ of such an institution, the first in the 0 ' district. " j 7. Also, that they will appreciate tho i privilege of obtaining admission as share- ■ holders to a financial undertaking of this [ I description, at lira commencement of its - 1 j operations, when no large sum'represent- ' i ing paid-up shares, nor the usual heavy >' | premium oh such are required as, owing >' I to their success, is tho case with most ! other financial Companies in tho Colony i now carrying on business. * j 8. Tho Directors will consider each 1 application for shaies on its merits, and [ will allot accordingly, but they reserve ' . tint right to refuse any allotment absul- . utely if they shall think fit. In such > | cases the deposit will be returned in full. * Applications for shares, in the form annexed, may bo made to the Secretary i j at Wellington and Petone, either directly, 11 1 or through tho Brokers of the Company, lor any Agents. Every application must ■ | be accompanied by the required deposit, j or by«receipt frojii any Branch of the 1 1 Colonial Bank for the amount of such j deposit. Application forms may be ob- '• | taiued from the Secretary and Brokers, ! their Agents, gr at any Branch of tho ) j Colonial Bank of New Zealand, j WILLIAMSON* CO., Star Chambers, I 41, Lanibton-Quay, Wellington. ~""""~~'FOR"SALE'l ~'~~~ ] TfIRST-OLASS OATS and POTATOES f Jjj of best quality delivered ir. or near i j MAStEitTON in quantities to suit customers i at Wholesale Prices. Also, Several '. DRAUGHT HORSES and Mud HACKS. ■ Apply- JOHN HESSEY, , 2258 Upper Plain. F.E.NOBLE, ', Having purchased tho \ ES .:£&:&£& SB SU3. , TrIROM Edward Jones, will attend at 1 ij *e ■ _ MTLWAJ STATION . . On niu-ivnlnhd despatch oftraiiis;deliver:. ~ ing,goods, packages, &c., iu. a}], partavjpf .the tiiwn.ai'current.rates. . •'■ ■ : "- ; ,'"! : " : !; /'h . ';. Rulers' leftaV.Mi's.-;iiL^«a6'- : liiitle. : ''sh«jp % .;pilßeta^a^M;^/'.:''Xv' : v- : V''&*«

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18860612.2.17.2

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume VIII, Issue 2319, 12 June 1886, Page 4

Word count
Tapeke kupu
1,091

Page 4 Advertisements Column 2 Wairarapa Daily Times, Volume VIII, Issue 2319, 12 June 1886, Page 4

Page 4 Advertisements Column 2 Wairarapa Daily Times, Volume VIII, Issue 2319, 12 June 1886, Page 4

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