Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume VIII, Issue 2320, 14 June 1886, Page 4

D' ■ LV '■■■' (Limiting tho liability ofsiiuroliulderß to.' ': tileaihuunt of:thcinliarcß,} x"'. CAPITAL .;.. £50,000 Is OOaO Sii-VKUs of £.lO Bach. : Payable as-follows : : -2s Gil.por sharp .on : application, 2s (id oil Mlpfnieiit,. and 2a (id per share thoTi»attov t .-payable i required), and on'the first Monday of. I every month, until. £5 por share is | paid i the balance (if squired) as thu | Directors may appoint; No notico | of instalments given to shareholders, DIRECTORS: : Thomas Mason, Esq., Bottler, Taita, flutt Edward Barber, Esq., settler, Petone Charles F. Boaaon, Esq., architect, O.S. Hutt George Carter. Esq,, builder, Petona. ; James Hector. Esq., M.D., C.M.G., ': Petone S. K. Johnson, Esq., meichant, Petone ,W, J', Kii'k, Esq. ( C.S., (Chairman Prion* Town Board), Petone i Bankers : : The Colonial Bank of New Zealand, ! Secretary : | Mr O. Bell Williamson. '■■ (Solicitors ; i Brokers ; \ Messrs Williamson & Go, EXTRACTS FROM MEMORANDUM OF ASSOCIATION. ! The objects for which the Company in established are ; (a) The granting of loans on the niortgiit'e of freehold and leasehold property ill the colony of Now Zealand, repayable, on such terms by instalment or otherwise as may bo agreed on with tho borrower, and Biibject to such byo-laws and other regulations of the Company as may be made affecting the samo. (b) Tho granting of loans on the socu> ity of sheep, wool, cattle, flax, agricultural 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 loanß upon any security not herein generally described as a proper subject for advances or loans. (c) The purchasing, selling, exchanging, holding, leasing, and disposing of freehold and leasehold property in tho said colony, (0 Tho borrowing and raising of any sum or sums of monoy for the purposes of the company, from any person ur persons, for any period or periods, and either by receiving the samo on deposit, or by tho issue of debentures, or by tho 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 paying of interest on such monies so burrowed at such rate or rates as may be agreed upon.

(<j) Thfi receiving from any person or ■ pawns periodical instalments of money ' payable on ccttfiin iixed clays, and of such ' ; amount as may be agreed on with the | person w persons sn investing, and the • contracting to pay, and the paying to such ' person or persons at the expiration of any ''' fixed periods commencing from the paytneufc of the first of such instalments, any i' sum of money as may be agreed upon, (i) The entering into, contracting for, carrying out, and doing all such other acta, matters and tilings as may be incidental to, or conducive to the attainment !. of all or any of the abuvo objects, or all or any objects of a like or similar nature, This Company will combine tile adi vantages derived fiom the experience of ; many other similar successful institutions j The general principal aimed at is: ~ the interests of all concerned shall be : purely reciprocal; the 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 , '. repayments which leave a reasonable mar- [ gin of profit totho Company, while being . amply protected in point of security. i 2. To enable persons possessed of land ; to erect building thereon, either by pro-gress-payments oi in a lump sum, re- : payable by instalments, or at the eipir- ■ i fction of a fixed poriod of years. i; 3, To receive oeposits, and to afford a i safe and profitable investment both for I capitalists and during accumulation of ■ smallor savings by others. | i. To grant loans to membei* on the ; value of their shares; and, generally, to i encourage in ovary possible way—consistent with sound security—members k tho direction of thrift and independence, by enabling them readily to acquire pro* perty, and particularly to obtain a comfortable freehold home, without incurring the exorbitant charges which ao frequent- ,! ly attond privatoiamtngoments. | 5. It must be obvious to every rcsidont, i and to overy observer of the extraordinary j progress of these localities, that this Comi pany will provide for an absolute and : urgent necessity which exists at the prei Bent time. , residents, and the public generally, will J warmly welcome and support the advent | of such an institution, the first in the i district. j 7. Aluo, that they will appreciate the j privilege of obtaining admission as share- | holders to a financial undertaking of this I description, at tho commencement of its ! operations, when no large sum represent*; ing paid-up shares, nor the usual heavy premium on such are required as, owing to their success, is tho case with most other financial Companies in the Colony i now carrying on business, j 8. The Directors will consider each I application for shares on its merits, and | will allot accordingly, but they reserve ! tho right to refuse any allotment absoli utely if they shall think fit, In such | cases the deposit will be returned in full. j Applications for shares, in the form at Wellington and Petone, eitkyr directly, or through the Brokers of the Company, or any Agents. Every application must be accompanied by the required deposit, i or by a receipt from any Branch of the i Colonial Bank for the amount of such ; deposit. Application forms may be ob< | taiucd from the Secretary and Brokers, ! their Agents, or at any Branch of tho I Colonial Bank of New Zealand. i WILLIAMSON & CO., | Star Chambers, I '. ' 'FOtfSALE. pIRST-CLASS OATS and POTATOES Jj of best quality delivered is or. near Mastert&j? in quantities to suit customors ■-•it Wholesale Prices. Also, Several DRAUGHTHORSES androod HACKS. ■ Apply- JOHN HESSEY, J 2258 ' Upper Plain. F.OQBLE, Having purcnase'd.thp ' , 33.&3P.i8.3E5-Saf FROM Edward Jones, will attend: at '.the- ."'. , \.RmWAX'SUTION. Qitarriyal 4ttdrdespat'(ih:pttrsiiiß, j "I Ms<sd*} all parts ; cf j '.'■■■ thetownat-currentrates,: ::' ;> : \-l ■■/-.> ':':¥ / .Otde : ri:left';at:'J^;. : Mo^!.iftiiß'.ghob'l ; ■'■■■fljte I. i