Page 4 Advertisements Column 1

Waikato Times, Volume XII, Issue 1006, 3 December 1878, Page 4

PvOSPE 0 T U S OP TrJE NEW ZEALAND LAND AND LOAN COMPANY, Limited (To ba Incorporated unier "The Joint Stock Compauies Act, 1860). Capital ... 7~ ... £1,000.000 lu 200,000 Shares of £5 each, with power to increase. 100.000 Shares are proposed to hi plac d ia New Zealand, 100,000 to be reserved for subscription in the Uuited Kingdom Proposed Calls, 2s 61 per Share on application ; 2s 61 per Share on allotment; 2d 6d per share two months alter allotment; and 2a 61 per Share foar months after allotment; six mouths' notice to bo given of any further Calls. PfiOVIfIONAL DIRECTOBS : The Hon. Win. Hunter Eeyi olds, of Dunedin, M.L.C. of New Zealand The Hon. John Martin, of Wellington, M.L.C, of New Zealand The Hon. John Ballarice, Colonial Treasurer of New Zealand The Hod. HobertStout, Attorney-Gem ral of New Zealand James Allen, Esq , of Dunedin C. Julius Tox ward, E>q., Surveyor, Wellington Thomas Whyte Yonng, Esq., Merchant Wellington Robert Greenfield, Esq., Merchant, Wellington Bankebs : Tho Bauk of Austrahsia. Solicitors: Messrs Sievwright & Stout, Wellington i. travßYou and Valuatoi' : C. Julius Tox ward, J&q., Wellington Im'ekim Secretary : Wm. Sievwright, Esq, Solicitor, Wellington TeMPOEAHY OFFIOEB : L'oyd's Booms, Brandon Street, Wellington This Company is formed for two objects : , Ist and chiefly, For lending money at current rates of interest upon the Bcourity of landed property situated within the Culony of N&w Zaaland ; and 2nd. For acquiring, when dee m advisable, landed property situated in or near to cities or towus, or centres of populution, in the Gobny of New Zealand, and thereafter selling it again ia whole or ia lots as may suij purchasers With a fast increasing populalion bjth in town and country, a very fine climate, and land of great fertility opened up by construction of roads and railways, th:re is an almost inexhaustible Meld for the profitable investment of money in.the m inner proposed by this Company, This Company intends to occupy that field, and to offer ,to the public—particularly to farmer l settlers, ant the working popu iation generally—facilities for acquiiing property, and for erecting houses, or effecting other substantial improvements thereon, on reasonably modsrao terms. And the Company can do so p:ontably to the Shareholders, while at ihe 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 otherwise th*\n upon the security of landed property, a safe margin being always kept. The system which prevails a'l over the

Colony in the buying of laud, is that ci deferring payment of Ihe pricp, —so much being paid as a deposit when the purchase is made, and tbe reinaiuder by Mis for ii htilments, spread over a limited period of from one to tbice jearr, the title being only granted when the price is'fully paid up. I'his Company, in coasrquenoe of being in a position tc pay in Cash at once, will certainly be able to buy property on much more favorable terms than buyers on deferred payments; and it is certain that, by the exerciao of ordinary care, a safe and very profitable kind of business can be done by buying land and selling again in lot* to suit purchasers. It is very well known that Companies in New Zealand having objects similar to thoS9 of this Company Lave been aid >, notwithatacding very limited resources, not only to p*y large dividends, but also to add to capital. It[is not intended to call up mare than £1 per Share, at tbe outset at least. The promoters consider that, with 10s per Share paw up, the Company may make a fair beginning; and ihey confidently anticipate that, besides paying a good dividend to the Shareholders, the Direc tors will also, by judicious investment in landed property, be al lo from time to time, out of 'pronSs.f 16 make additions to Capital. This turn over of Capital will be quick, and there wiil no doubt be available soon a considerable amount of moaey from deposits made by peop*e both at Home and in bew Zealaud, so that a la*ge paid-up Capital is not neoeesary. t Prospectuses, with JTorms of Application for Shares, may be obtained at the Offices of the Company, or fiom the Bankers, at the Wellington Ofice, or at any of the Branches, and the Memonndum and Articles of .Asaocia ion may Le aaen in the hand of the Secretary. Should no allotment bo m de, tbe Deposit will be returned without; deduction. Lloyd's Rooms, Brandon Street, Wellington, October, 1878.

THIS NEW ZEALAND LAND AND LOAN COMPANY (Lamm). mllE SHARE-LIST for New Zealand _3_ will bo closed on 7tli December, proximo. Prospectuses and Forms of Application for Shares may. be had at the Branches of tho Bank of Australasia, or from the Secretary, at tho Ofiiccs of the Company, whore the Memorandu 3 and Articles of Association may be seen. (By order) 0. SEIV WHIGH T, Secretary. "OLXTH BRITISrr AND MERCANTILE INSURANCE COMPANY. LONDON AND EDINBUEGH. E&TAIJLTSHKD ISOG. Incorporated by Royal Charier. Subaciibed Capital £2,000,000 Capital £250,000 Fire Reserve Fund, £704,577 Firo Premium Reserve £302,071 Total Fire Reserves £ 1,097,248 Income of tbo Fire Department, Net Premiums and iuterf a*. £907,050 Fro KiiJca taken on Biiild : n<;B, Property, and larin Produce, &e, in Waikato district, at Lowest Ratw. Prompt and Liberal SetlLmcnts CAMPBELL Bi:OS.. Ag-nU for Wftika.o, and W*«iloA,