✨ Bank Capital Reduction Notice
Dec. 24.] THE NEW ZEALAND GAZETTE. 1517
£2 10s. per share of the shares in the same capital numbered
100,001 to 150,000 inclusive, be and the same respectively
are hereby cancelled, such capital having been lost or being
unrepresented by available assets; and that henceforth
dividends shall be paid on the first-mentioned shares as
representing £5 5s. each, instead of £7 each; and on the
secondly-mentioned shares as representing £7 10s. each,
instead of £10 each: but such reduction shall not interfere
with or in any way alter the liability of shareholders to
contribute a further sum of £10, as provided by the bank's
Acts and Deed of Settlement, in the event of the assets
of the corporation being insufficient to meet its engage-
ments."
- "That the directors be and are hereby empowered, at
their option, to receive from such holders of the shares in the
capital of the bank numbered 1 to 100,000 inclusive as may
be willing to pay the same £1 15s. per share, to reinstate
their shares to £7; and to receive from such holders of the
shares in the same capital numbered 100,001 to 150,000
inclusive as may be willing to pay the same £2 10s. per share,
to reinstate their shares to £10; and on all shares so re-
instated to pay dividends on the reinstated amounts."
And notice is hereby further given that copies of the said
Bill will be deposited at the office of the Examiner of Stand-
ing Orders at Wellington, at or within fourteen days after
the commencement of the session.
Dated this 20th day of December, 1890.
C. E. BUTTON,
668 Auckland, Solicitor for the promoters of the Bill.
CONTENTS.
APPOINTMENTS .. .. .. .. 1508
CROWN LANDS NOTICES .. .. .. 1512
LAND—
Purpose of Reserve changed .. .. 1508
LAND TRANSFER ACT NOTICES .. .. 1515
MINING NOTICES .. .. .. .. 1516
MISCELLANEOUS—
Civil Service Senior Examination .. 1509
Immigration and Emigration Return .. 1515
Letter Postage to the United Kingdom .. 1508,1510
Letters of Naturalisation issued .. 1509
Notices to Mariners .. .. .. 1509
Patents .. .. .. .. 1510
Post-cards to the United Kingdom .. 1507,1509
Prepayment of Postage on Government Life Insu-
rance Business .. .. .. 1510
Rainfall .. .. .. .. 1514
Special Order .. .. .. 1509
Tenders .. .. .. .. 1509,1510
Town Board and High School Board subject to Pro-
visions of "The Public Bodies' Powers Act, 1887" 1507
Trade Union registered .. .. 1510
NATIVE LAND COURT NOTICES .. .. 1510
PRIVATE ADVERTISEMENTS .. .. .. 1516
By Authority: GEORGE DIBSBURY, Govt. Printer, Wellington.
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✨ LLM interpretation of page content
💰 Bank Capital Reduction and Reinstatement
💰 Finance & Revenue20 December 1890
Bank of New Zealand, Capital Reduction, Shareholders, Dividends, Reinstatement
- C. E. Button, Solicitor for the promoters of the Bill
NZ Gazette 1890, No 77