Memorandum of Association of the Wellington Trust, Loan, and Investment Company, Limited.

1. The name of the Company is "The Wellington Trust Loan and Investment Company, Limited."

2. The registered office of the Company is to be established in the Province of Wellington.

3. The objects for which the Company is established, are—

(a.)	The making of loans on the mortgage of freehold or leasehold property in the Colony of New Zealand, in sums of not less than £50, on the terms of such loan, with interest, being repayable either by installments on some fixed day in every calendar month within a certain fixed period, or on such other terms by installment or otherwise as may be agreed on with the borrower at the time of the loan, and subject to such bye laws as may be made affecting the same.
(b.)	The making of loans on the security of sheep, wool, cattle, flax, agricultural produce, and other personal property generally, but not the making of advances or loans on or by discounting bills of exchange or promissory notes, nor the making advances or loans upon any security not herein generally described as a proper object for advances or loans.
(c.)	The purchasing, selling, holding, leasing, and disposing of freehold and leasehold property in the said Colony.page 4
(d.)	The purchasing, holding, selling, and disposing of the securities or debentures of the General Government of New Zealand, and of any corporation or public body authorised by the General Assembly of New Zealand to issue debentures or other securities for money.
(e.)	The advancing of money on loan on the security of ships, freight, cargo, and bills of lading.
(f.)	The receiving of money on deposit at interest.
(g.)	The receiving by instalments payable on some fixed day in every calendar month, from any person or persons, such sums as may be agreed on, and contracting to pay and paying to such person or persons such sum of money being the sum of £50, or a multiple of £50, as may be agreed on at the expiration of an agreed fixed period from the date of the payment of the first of such instalments, subject to such bye laws as may be made affecting the same.
(h.)	The contracting for, purchasing, and taking over the business, assets, and liabilities of any Company or Association established in the Province of Wellington under the provisions of any Act of the General Assembly of New Zealand for regulating Land and Building Societies, and the making all necessary and proper contracts, agreements, and arrangements with the shareholders in any such Society and the governing body of the same as to the terms of transfer of such business, and the special terms (if any) on which the shareholders of any such Society are to be dealt with, and the rights, powers, and privileges to be granted them in case of their joining the Company, and becoming shareholders therein.
(i.)	The entering into, contracting for, carrying out, and doing all such other acts, matters, and things, as may be incidental to or conducive to the attainment of all or any of the above objects or all or any objects of a like or similar nature.

4. The liability of the Company is limited.

5. The nominal capital of the Company is one hundred thousand pounds, divided into ton thousand shares of ten pounds each, and no more than one-twentieth part of such capital shall be held by any one shareholder.

We, the undersigned, whose names and addresses are subscribed, are desirous of being formed into a Company in pursuance of this Memorandum of Association, and we respectively agree to take the number of shares in the capital of the Company set opposite to our respective names.