The Sun.
London, England, 1853-08-29 00:00:00

IIHE NEW ZEALAND BANK. To be in-
-1 by Royal Charter. or empowered by Act of the
Col,mial Legislature limiting the liability. Capital 250,0001. ster-
ling, with power to increase to the sum of 509,0001. sterling, in 12,500
shares of 201. each. Deposit 21. per share.

TRIIIITUB.
Right Hon. Lord Wharncliffe I Lord Viscount Ranelagh
W. H. Burnand, Esq. Charles J. Mare, Esq.

DIRECTORS.
Lord Viscount Ranelagh, Chairman.
David Bridges, Esq., 14, Inverness-terrace, Bayswater.
Charles Henry Edmonds, Esq., 18, Cannon-street, city.
William Goodwin, Esq„ merchant, Bath Villa, Peckham.
Robert Townsend Hippisley,Esq , Frederick-place, Cl•Pon, Bristol.
John Henry Lar,ce, Esq., Director of the London and County Bank.
Joseph Stayner, Esq., 110, Fencharch-street.
Charles R. Thompson, Esq., merchant, O'd Broad-street.
(With power.to add to their number.)
Bankers—The London and County Bank, 21, Lombard-street.
Standing Counsel—Josiah Wilkinson, Esq , Temple.
Solicitors—Messrs. Fright and lireedon,•4, Furnivars.inn ; Robert
_

Hart, Esq., Wellington, New Zealand
eh .
Brokers—Messrs. Price and Brown, Change-alley.
Secretary-111r. John Bollingworth.
Temporary offices„ 2, Bucklerebury, eapside
The New Zealand Bank proposes to conduct general banking bust-
ness in New Zealand ; and it is expected that, as there is no oanking
establishment exclusively devoted to the interests of New Zealand,
the local Legis'ature will give to this Company the advantages of a
col finial of dinance, which win 'obviate all difficulty in obtaining a •
Royal charter. Her Majesty's Government having decided, how-
ever, in ho case to grant a charter Me coioniki purposes, until the
approbation of the colony in question shall have been obtained, a
pctitio i to the Governor-in-Chief, most influentially signed by land-
holders of New Zealand, and commercial firma interested in the wel-
fare of that colony, hag biien already forwarded,
Capital and labour are the two great wants of all infant colonies;
and it is relieved that the estab ishment of the New Zealand Bank,
with a branch in each settlement, and with a capital commensurate
with their, separate requirements, wII afford not only a source of
remuneration to its shareholders, but will stimulate the colonists to
increased exertions; the agr cultural and pastoral capabilities of the
colony, its commerce, and whale fisheries, will be extended, while
value Speedy development of its mineral treasures Will increase the
of land and timber, and will inaugurate an era a so much
general prosperity, that labouting and other emigrants will be at-
tracted to this colony, and thus the busine's of banking will be
continually augmenting and rendered of a permanently prog,ressive
character.
A retrospect of the last 20 years exhibits increased public confi-
dence in all joint-stock associations, and banks are much sought
after at the present day as safe investments. The London and
County Bank, the London and Westminster Bank, the London Joint
Stock Bank, the Union Bank, and the Commercial. Bank of London,
are evidences at home ; and it is only necessary to point to the suc-
cess that has accompanied the various banking establishments in
Australia, and to remark, that neariythe.whoie of thein have, tit the
course of a few years, with irawn, in the shape of profits, an
amount of money exceeding their paid-u caital to draw the con-
clusion that correspond ng benefits will r suit from the employment
of capital in the settlements of New Zealand, whole affairs are
likely to undergo so great a 'change front the combination of circum-
stances, which it is the duty of the projectors of this association to
promulgate, viz :-
1. The constitution granted by thp imperial Parliament.
2.' The route via Panama to New Zealand, by- the Pacific Steam
Navigation Company, 'Whose vessels commence running in Septem-
ber next; thus placing these hitherto most distant settlements within
a postal communication of six or eight weeks, and in irect distance
1,200 miles nearer tngland than any of the Australiand settlements.
' 3, The absence of all interference in local matters by the Home
Government, and the cessation of territorial rights by the New Zea-

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