Page 3 Advertisements Column 7

Waikato Times, Volume XII, Issue 995, 7 November 1878, Page 3

New Advertisements. rilOßftE E. OLARK, SluOK & STATION AGENT, The Grove, NEARCAMBRIDjE. FOR SALEA Farm of Four Hundred and Fifty Acres, all First-olass land In a high state of Cultivation, subdivided iuto convenient Paddocks, with First-class Family Residence, Workmen's Cottages, and Outhouses. For further particulars apply to, GEORGE E. OLaRK, Stock and Station Agent Also, an Improved Farm of Four Hundred and Thirty-four Acres of First-olass quality, pleasantly situated, on the hank of the Waikato River, Five Miles from the Township of Cambridge. Apply to GEORGE E. CLARE, Stock and Station Agent. i PROSPECTUS OP THE NEW ZEALAND LAND AND LOAN COMPANY, Limited (To be Incorporated under " The Joint Stock Companies Aot, 1860). Capital ... £1,000,000 In 200,000 Shares of £5 eaoh, with power to increase. 100.000 Shareß are proposed to be placed in New Zealand, 100,000 to be reserved for subscription in the United Kingdom Proposed Calls, 2s 6i per Share on application ; 2s 6d per Share on allotment ; 2s 6d per share two months after allotment ; and 2s 6d per Share four months after allotment; six months' notice to be given of any further Calls. Provisional Directors : The Hon. Wm. Hunter Reynolds, of Dunedin, M. L. C. of New Zealand The Hon. John Martin, of Wellington, M.L.C, of New Zealand The Hon. John Ballanoe, Colonial Treasurer of New Zealand The Hod. RobertStout, Attorney-General of New Zealand James Allen, Esq , of Dunedin C. Julius Toxward, Esq., Surveyor, Wellington Thomas Whyte Young, Esq., Merchant, Wellington Robert Greenfield, Esq., Merohant, Wellington Bankkbs .* The Bank of Australasia. Solioitobs : Messrs Slevwright & Stout, Wellington Surveyor and Valuator : C. Julius Toxward, Esq., Wellington Iktbrim Secretary : Wm. Slevwright, Esq, Solicitor, Wellington Temporary Offices : Lloyd's Rooms, Brandon Street, Wellington This Company is formed for two objects : Ist and chiefly, For lending money at current rates of interest upon the security of landed property Bituated, within the Colony of New Zealand ; and 2nd. For acquiring, when deemed advisable, landed property situated in or near to cities or towns, or centres of population, in the Cobny of New Zealand, and thereafter selling it again in whole or in lots as may sui 1 ; purchasers With a fast increasing population both in town and country, a very fine climate, and land of great fertility opened up by construction of roads and railways, there is an almost inexhaustible field for the profitable investment of money in the manner proposed by this Company. This Company intends to occupy that field, and to offer to the public —particularly to farmer-settlers, and the working population generally— facilities for acquiring property, and for erecting houses, or effecting other eubstaotial improvements thereon, en reasonably moderate terms. And the Company can do so profitably to the Shareholders, while at the same time help is given to people who are willing to pay adequately for the advantages and accommodation offered. In no case will money be lent other* wise thw upon the .security of landed property, a safe margin being always kept. The system which prevails all over the Colony in the buying of laod, is that of deferring payment of the price, — so much being paid as a deposit when the purchase is made, and the remainder by bills for instalments., spread over a limited period of from one to tuice year?, the title being only granted when tho price is fully piid ny. Ihis Company, in const quenw of being in a position to pay in Cash at once, will certainly tie abie to buy property on much more favorable terms tban buyers on deferred payments ; and it is certaiu that, by the exercise of ordin .ry care, a safe and very profitable kind of biuinoas can be done i»y buying land and belling again in lots to suit purchasers. It is very we/1 known that Companies in New Zealand having objects similar to those ot this Company have been able, notwithstanding very limited resomces, not only to pay large dividends, bat aleo to add to capital. It is not intended to call up mare than £1 per Share, at the outset at least. The promoters consider that, with 10s per Share pai« up, the Company may make a fair beginning ; and they confidently anticipate that, besides p tying a good dividend to the Shareholders, the Directors will also, by judicious investment in landed property, be at.le from time to time, out of profits, to make additions to Capital. Ihis tnrn over of Capital will be quick, and there will no doubt be available soon a considerable amount of money from deposits made by peop'e both at Home and in (New Zealaud, so that a large paid-up Capital is not necessary. Prospectuses, with Forms of Application for Shares, may be obtained at the Offices of the Company, or from the Bankers, at the Wellington Odßce, or at auy of the Branches, and the Memorandum and Artioleß of Asaociatio n may be saen in the hand of the Secretary. Should no allotment be tmde, the Deposit will be returned without deduction. Lloyd's Rooms, Brandon Street, WellipgtoD, October, 1878.