Page 4 Advertisements Column 3

Wairarapa Daily Times, Volume VIII, Issue 2326, 21 June 1886, Page 4

fIIHE PETONE AND HUTT BUILDI ISG AND INVESTMENT COMPANY. (Limited) Registered 12th May, 188 C. (Limiting the liability of shareholders to the amount of their shares.) CAPITAL £50,000 Ix 5000 Shares of £lO Each. Payable as follows 2# Ud per share oD application, 2s 6d on allotment, and 2s 6d per 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, Esq., settler, Taita, Hutt Edward Barber, Esq., settler, Petone Charles F. Beatson, Esq., architect, C.S. Hutt George Carter. Esq.. builder. Petone James Hector, Esq., M.D., C.M.G., Petone S. R. Johnson, Esq., meichant, Petone W. J. Kirk, Esq., C.S., (Chairman Petone Tnwn Board), Petone Bankers: The Colonial Bank of New Zealand. Secretary : Mr G. Bell Williamson. Solicitors : Beokkrs : Messrs Williamson & Co, EXTRACTS FROM MEMORANDUM OF ASSOCIATION. The objects for which the Company is established are: — (a) The granting of loans ou the mortmitfe of freehold and leasehold propel ty in the colony of New Zealand, repayable | on »uch terras by instalment or otherj wise as may be agreed on with tne j bom.wer, and subject to such bye-laws j and other regulations of the Company as [ may be made affecting the same. I (b) The granting of loans ou the securf itV of sheep, wool, cattle, flax, agrieul- | tural produce, and other personal pro- | perty generally ; but not the making of j or loans on or by discounting j bills of exchange or promissory notea, I nor the granting advances or loans upon | any security not herein generally des- [ cribed as a proper subject for advances ior loans. (c) The purchasing. Belling, exchanging, holding, leasing, and disposing of freehold and leasehold property in the said colony. j (0 The borrowing and raising of any | sum or sums of money for the purposes of I the company, from any person or persons, j.for any periud or periods, and either by j receiving the same on deposit, or by the j ia3ue of debentures, or by the giving of a ! mortgage over auy property of tho comj pany, or by transfer by way of mortgage j of anv securities to the company, and the j paying of interest oil such monies flo j borrowed at such rate or rates as may be agreed upon. ' (;/) The receiving from any person or i persons peri*>dical instalments of money > payable on certain fixed days, and of such j amount as may be agreed ou with the j person or pundits so inventing, ai.d tht I contracting to p;>y, and the paying to such I person "r persons at the expiration of any | fixed jieriiids commencing from tho pay* Lnient of the first of such 'instalments, auy I sum of money as may be agreed upon, i (i') The enteritis? into, contracting for, ' carrying out, and doing all such other \ acts, matters and tilings as may be incii dental to, or conducive to the attainment lof all or auy of the above objects, or all ! or auy objects of a like or similar nature, ! &-c., &c.,

This Company will combine the adderived fiom the experience 'jf uinny other similar successful institutions | now working in the colony. I Tile general principal aimed at is : That ! the interests of all concerned shall he | purclv reciprocal ; the main features I being : 1. To provide capital whereDy residents 1 and others will be enabled to acquire I property, freehold, or leasehold, ill town ! or country, by means of easy periodical j repayments which leave a reasonable margin of profit to the Company, while being I amply protected in point of security. I 2. To enable persons possessed of land ; to prcct buildings thereon, either by pro- | gross-payments or in a lump suui, re- : payable by instalments, or at the expir- • ration of a fixfd period of years. [ 3. To receive depots, and to afford_ a \ safo and profitable investment both for ; capitalists and during accumulation of ! Buialler savings bv others. [ 4. To grant loans to members on the [ value of their shares ; and, generally, to | encourage in every possible way—con- } sistent with sound security—members in ! the direction of thrift and independence, i by enabling them readily to acquire prof perty, and particularly to obtain a conij fortable frei-hold home, without incurring | the exorbitant charges which so frequentj ly ntt-nd private arrangements. ; 5. It must be obvious to every resident, i and to every observer of the extraordinary i pi'Ji;rt: ; 3 of these localities, that this Coiu- | pany will provide for an absolute and j urgent necessity which exists at the pre- > sent time. ■ 6. It is consequently believed that the i residents, and the public generally, will i warmly welcome and support the advent | of such an institution, the first in the ( district. i 7. Also, that they will appreciate the f privilege of obtaining admission as share- | holders to n financial undertaking of this | description, at the commencement of its i operations, when no lanze sum represent- • iug paid-up shares, nor the usual heavy I premium on such are required as, owing ' to their success, is the case with most ' other financial Compauies in the Colony | uow carrying on business. ; | 8. The Directors will consider each ! application for shales ou its merits, and will allot accordingly, but they reserve ! tho riijht to refuse any allotment absolt utely if they shall think fit. In such j cases the deposit will be returned in full. ! Applications for shares, in the form j annexed, may be made to the Secretary t at Wellington and Petone, eitfcer directly, | or through the Brokers of the Company, lor any Agents. Every application must t be accompanied by the required deposit,.lorby a receipt from any Branch of the ; Colonial Bauk for the amount of such j deposit. Application forms may be pb- | tained from the Secretary and Brokers, | their Agents, or at any Branch of the | Colonial Bank of New Zealand, j WILLIAMSON & CO., i Star Chambers, { 41. Lambron-Quay, Wellington. ! FOE SALE. I' URST-CLASS OATS and POTATOES 1 of beat quality delivered ir. or near i Masterton" in quantities to suit customers 'at Wholesale Prices. Also, Several ■j DRAUGHT HORSES and t?ood HACKS, j Apply— JOHN HESSEY, ) 2258 Upper Plain. i F. B. M OBLK, > Having purchased the SSSIPS&XSSS FROM Edward Jones, will attend at the RAILWAY STATION On arrival and despatch of trains, delivering goods, packages, &c., in all parts of the town at current rates. Orders left at Mrs Mnnw' little shop (mutually Btteadedtu'. BQO2