mHE PETONE AND HUTT BUILD--1 LNO AND INVESTMENT '■■■■ -COMPANY. :"T (Limited) . Reoistbbed 12fcliMay, 1886; '..". (Limiting the liability of shareholders to the amount of their shares.) CAPITAL. ... "~1 ' .;. £60,000 In 5000 Shares op £lO Each, Payable as followB;—2s Od per share oii application, 2s 6d on allotment, and _2s Gd per shave thereafter, payable monthly, for 38 successive months (if required), and on the first Monday of every month, until. £5 per sharo is paid; the balance (if required) as the . Directors may appoint. No notice I ; of instalments given to shareholders. | Directors: Thomas Mason, Esq., settlor, Taita, flutt Edward Barber, Esq., settler, Petono Charles F. Beatson, Esq., architect, C.S. :>-'--Hutt- : ; ;;.■'■>:'.■ .:'■■■ George Carter; Esq., builder, Petone James Hector, .Esq.,. M.D., C.M.G., ,''■:'■■.■ Petonb-'.;-...;;: I :,'': ' S.R. Johnson, Eeq.j meichant, Petone' : W.;J.Kirk,,Esq;,.p:S.,''(Chairman Petone TovfrißojirdjjNpetimo " : , i'j:'' 5 : v : :;. £■;.:,.-;• ;The Oolonial.Bank of New Zealand. '■■':■':■■■■ "■■ r '-;:'. /Secretary';' .-■'■ f" '-'' -'::: Mr\G;BelUWilliamson.-r :'. :.!■: 'v'"' ..■3KOKBBS : ;i:;":- ":-;"/'■ \ ; ,' Messra Willianißon & Co, '■;■:■/ fEXTRACTS: FRbM MEMORANDUM !:; ; -:"v of Association.! ■ ;. : The bbjeetaf6r:yhichthe Opmpnuy is GBtablialied aro [.;.(a) The granting of loans on the, mortj gaee of;; freehold and leasehold property in;the. colony of New Zealand, repayable |; on Buchfternisf by .instalment ; br ■'otherj. wise/as\may. : ;be; agreed ;on tllo [ bpiToiror; arid : ;.Biibject to such'bye-laws aiid.oth'er.iegulatibnß of the Company as I .may:.bu^made ; affecting the';samb,-: : ."" 1 ■ ■■ (b) Thei granting.of loansjbWthfßecurity of sheep, wool,,: cattle^" flaxy 'agricultural :produco, and other .'personal property generally- but. not ; the Making of advances or loans ■on.'or'by'■.discounting bilk of noi" the granting or loanajupqii any security not., herein generally.'.des:cribedasa proper subject for advances or loans. '■.''. - : (c) The purehasin'g, Beilingjexchanging, •holding, leasing, and disposing of .freehold and leasehold'.property irt the said colony..' \i'v.. ,^.V : '■ . (/) The borrowing and raising of any sum or sumß of money, for the.purpOaesof the. company, from any person or persons, for any period pr, periods, arid either by receiving the Ba'iiie on deposit, or by the issue of debeiitures, or by the giving of a mortgage over uriy property of the company, or by transfer by way of mortgage 'of any,securities to the company, and the paying of. interest on such monieß so ■borrowed..at such■ : rate or rates a : s'-may-be agreed-upon. (d) The receiving from any person' or persons .periodical ihstalmenta of. money payable on certain, fixed days, and of such amountas may be agreed on with tlio person or persons so--investing; and the contracting to pay, and the paying to such person or persona at the expiration of any fixed periods commencing from the pay- ; ffleiit of the first, of such instalments;- aiiy sum of money as may be agreed, upon; (t')The entering into; contracting for, carrying out r and doing all-such-'other acts, matters aiid things as may .be, iiicidoßfcal to;-or conducive to the-iittamment of all or any of the above objects,, or all ■or aiiy objects of a like or similar- nature, 'ft).," to, .' , .. ■
This Company will ooiiibino the advantage? derived froni the experience of Miry other similar successful'''institutions flow working in the ..colony.,' ■ : . The general principal"aimed at is: That the interests of all concerned shall, te purely reciprocal; the main ■features being:— 1. To.prbvide capital Whereby residents and "\ others will be enabled tp acquire property, freeholdj or■ leasehold,' in-town or country, by means of easy periodical repayments which leave a reasonable mar.; gin of profit to the Company j while being amply protected in point of security."' ' 2. To enable persons possessed of land ,to erect building thereon, either by pvov psß-naymentii or. in a lump., guni, repayable by instalments, or at the; expiration of a fixed period of years. . 8. To receive deposits, ahd.tp afford a safe and profitable., investment both for 'capitalists.,and during, accumulation of 4. To grant loans to membors on the value of their shares ;.andV'generally, to 'oncoiirage' in every possible ;sistent With sound security—members., in the direction of thrift and independence, by enabling;.them .readily tciicquire property,, and particularly to obtain a comfortable freehold lidhio, without ihcuriiiig the exorbitant charges whidh so frequeni'ly attend privateiariangeinents. 5. It must be obvious to every resident, and to every observer, of the extraordinary progress of these localities, that.this:o6mpany will provide :for an absolute,and urgent necessity which exists at the pro* sent time.'. 6. It ib consequently believed that the residents, the public generally, will., warmly welcome and' Support the advent of such an institution, the first In the district. 7..A150, tktihe'y will appreciate, the privilege, of obtaining admission as share-' holders to a financial, undertaking, of tjiis: ■ description, at ffie\ commencement of \its/ operations, when no. large ium representing paid-up .Bhar.es, ; nor the. usual heavy premiumpn such are .required as, .owing' to their success,^;the. cae'eJwitir jnciit other finaiicial OompanieS in, the. Colony iiowca;rryiiiff;onbu.sjncßß::i ; -: : ' ' : A- : y>. 8. The Directors .will .;6bhsider:'.: each', application.f or ihra 'Will.allot accordingly, /but:.they. .reserVe' .theritflitfcorefuse any:allotment■ iibsolutely. ;sHail.;think'v : ■ In) aueh :oaseß the depo : suV|will be ; vuturaed:in.. ful£ ' : Applications;for,shares,'■'jnotlio', form' iftnnexedv.may.be.iiiadeto.tho- Secrotaty at NVollington and Petonei either directly, orthrough the Brokers of the. Company,. 1 or.any Agents;. : Every,application must be.aocompanied. by the,required deposit, :or by.atreceipt from any Branch of the .Colonial Bank for Hid amount of such deposit:., Application'forms may be obtained from the Socretarv. and; Brokers,' thoir Agents, or at any Brauoh of: the /Colonial Bank of New Zealand; ■' ■'■ * i: .>.:.fpiAMSON<fe,cu.;.t;'.:.;; : ;p>: ...;■". ■'•■:. ■ Star Chambers, ..:■ ■■;; m, Lambfon-Quay, Wollim?t6n^; : v;waipoija7 BOILING;; DOWN/ .';'':^-'PV;> : '.' •;'■ '"AND :'■•'■'■■;.' ■ -.;. .;'■ ;wool scouring \yoms ; v -.. ''■■■'■■ MaSTERTON. ■ "JOSEPH WILSON, PROPItIETOR. . THE above works are established on the site of what was formerly known as Harvey and Murray's Tannery and Fellmongery, Every kind of boiling down operations performed with care and expedition; and without waste.. ■ "j Sheep boiled down in large or small quantities, on terms or purchased. WOOL SCOURING CAREFULLY 'EXECUTED! Skins, Hides, and Tallow purchased, Highest price given 2305
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https://paperspast.natlib.govt.nz/newspapers/WDT18860625.2.16.4
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Wairarapa Daily Times, Volume VIII, Issue 2330, 25 June 1886, Page 4
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935Page 4 Advertisements Column 4 Wairarapa Daily Times, Volume VIII, Issue 2330, 25 June 1886, Page 4
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