BANK OF NEW ZEALAND.

Wairarapa Daily Times, Volume XV, Issue 4896, 7 December 1894, Page 3

BANK OF NEW ZEALAND.

Call on Shareholders.

Tho following circular has been issued to shareholders of 'the Bank of New Zealand

" Bank of New Zealand, " Wellington, 6th December, 1894. " Dear Sir er Madam, —I enclose horevvith liotico of a, call of £3 6s 8d per share of the rcscryo liability of shareholders made in pursuance of clause 5 of tho Bank ofNcwZealaud Share Guarantee Act, 1894, It is considered necessary to tho welfare of the Bank to call in and cancel onehalf of the Bank of New Zealand Estates Company 5j per cent debentures amounting at present to £1,500,000.

" The directors regret the necessity for this call, but they bolievo it to be in tho true interests of the shareholders, and conducive to tho success of tho Bank,

I am, etc., " C, G. Andrews, " Acting-General Manager."

The call will be payable on all ordinary shares, by three instalments at tho office of the Bank in Wellington by shareholders on the Colonial Register, and at tho office of the Bank in London by those on that Register. Tho first instalment of £l2s will bo payable on the Ist February, 1895, the second of a like amount, on the Ist August, and tho third of £1 2s 8d on the 25th November,