Memorandum of Association of the Northern Land, Loan, and Building Company of Wellington (Limited).

I. The name of the Company is "The Northern Land, Loan, And Building Company Of Wellington (Limited)."

II. The registered office of the Company is to be established in the City of Wellington.

III. The objects for which the Company is to be established are:—

(a.)	The granting of loans on the mortgage of freehold and leasehold property in the Colony of New Zealand, repayable on such terms by instalment or otherwise as may be agreed on with the borrower, and subject to such bye-laws and other regulations of the Company as may be made affecting the same.
(b.)	The granting 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 granting advances or loans upon any security not herein generally described as a proper subject for advances or loans.
(c.)	The purchasing, selling, exchanging, holding, leasing, and disposing of freehold and leasehold property in the said Colony.
(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.page break
(f.)	The borrowing and raising of any sum or sums of money for the purposes of the Company from any person or persons for any period or periods, and either by receiving the same on deposit, or by the issue of debentures, or by the giving of a mortgage over any property of the Company, or by transfer by way of mortgage of any securities to the Company, and the paying of interest on such moneys so borrowed at such rate or rates as may be agreed upon.
(g.)	The receiving from any person or persons periodical instalments of money, payable on certain fixed days, and of such amount as may be agreed on with the person or persons so investing, and the contracting to pay, and the paying to such person or persons at the expiration of any fixed period, commencing from the payment of the first of such instalments any sum of money being the sum of £10 or any multiple thereof as may be agreed upon.
(H.)	The purchasing and taking over the business, assets, and liabilities of any company, society, or association established in the Colony of New Zealand, under the provisions of any Act of the General Assembly of New Zealand for regulating Land and Building Societies or under the Joint-Stock Companies Acts, having objects similar in all or in any one or more respects to this Company, and the making of all necessary and proper contracts, agreements, and arrangements with the shareholders in any such company, society, or association, and the governing body of the same for the purpose of carrying out the same and the making the special terms (if any) on which the shareholders of any such company, society, or association are to be dealt with, and the rights, powers, and privileges to be granted them in case of their joining the Company or becoming shareholders therein.
(i.)	The entering into, contracting for, carrying out, and doing all such other acts, matters, and things, as may be incidental or conducive to the attainment of all or any of the above objects, or all or any objects of a like or similar nature.

IV. The liability of the Company is limited.

V. The nominal capital of the Company is one hundred thousand pounds, divided into ten thousand shares of ten pounds each.

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 :—