Page 3 Advertisements Column 4

Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 583, 14 February 1882, Page 3

Canterbury Frzen "Sffont and _»airr Prodnce Export Company (limited) PROSPECTUS OP the (~°i ANTERBURY FROZEN MEAT AND DATRY PRODUCE EXPORT COMPANY (LIMITED). To be incorporated nnder the '• Joint Stock Companies Acts." CAPITAL £20,000 In 2000 Shares of £10 each, To be paid up as follows : —los on application, 10s on allotment, and the balance by calls not exceeding 20s per share, at intervals of not less than three months. It is proposed to call up not more than half the capital in the first instance, the balance to be reserved for the extension of operations when required. Provisional Directors : John Anderson, Esq., Christchurch F. Banks, Esq., (Miles & Co.), Christchurch W. Chrystall, Esq., President of Chamber of Commerce John Cooke, Esq. (Manager N.Z Loan and Mercantile Agency Company) F. Courage, Esq., Amberly P. Cunningham, Esq., Christchurch C. T. Dudley, Esq., Irwell J. D Enys, Esq., Castle Hill J. T. Ford, Esq., Christchurch S. Garforth, Esq., Spreydon Hon H. B. Gresson, Woodend John Grigg, Esq., Longbeach George Hart, Esq., Christchurch James Hay, Esq., Pigeon Bay Edwd. J. Lee, Esq., Southbridge John T. Matson, Esq. (H. Mat?on and Co.) John Macfarlane, Esq., Rangiora Henry Overton, Esq., Ellesmere Hon E. Richardson, Opawa John Studholme, Esq., Christchurch F. C. Tabart, Esq. (R. Wilkin & Co.) H.J. Tancred, Esq., Christchurch John Tinline, Esq., Amuri R. Westenra, Esq., Dunsandel R. Wilkin, Esq., Christchurch A. Cracroft Wilson, Esq., Christchurch Bankers : The Bank of New Zealand. Solicitors : Thos. S. Weston. Secretary pro tern.: F. Waymouth. Temporary Offices : HEREFORD ST. CHAMBERS Christchurch. npHE Company is projected with the JL. object of providing the means of preparing and rendering fit for export the Surplus Stock and Dairy Produce of this district by the refrigerating or other process. The present intention of the Promoters is to restrict the Company's operations to the preparation of Meat and Dairy Produce for shipment on OWNER'S ACCOUNT, and to arrange for the sale thereof in the London Market. It is intended that the Company shall have power either to purchase or ship on Owner's Account, as may be found desirable ; and also, that they shall control the Sale as well as the Freezing and Export of the Produce, until the scheme is fully in operation, it being evident that a concentration of interests is necessary in placing shipments on the Markets. The Preparation and Storage of Cheese and Butter for Export will become one of the most important operations of the Company, and as the Market in England for those products is practically unlimited, at prices showing 50 per cent advance on Cheese and 100 per cent on Butter over those current in this Colony, an extensive Export may be confidently anticipated. The Promoters, recognising this all-import-ant feature in the project, propose to provide Cool Storage for Butter, Cheese, etc., where such may be collected from Farmers, as produced and accumulated, until a vessel is ready to receive it. After careful enquiry, it is estimated that the amount of Capital to be called up (£10,000) will be sufficient to acquire suitable premises, erect the necessary buildings, provide all requisite machinery and meet the preliminary expenses. The English and Colonial Insurance Companies offer to cover shipments against all risks, including deterioration on board ship from any cause, for 5 per cent premium. The Promoters are assured that the London and St Katherine Docks Company have already arranged to fit up vaults with proper appliances for cool storage specially to meet the require- ' ments of the Frozen Meat and Provision 1 Trade. The Promoters have sufficient evidence before them to prove that the proposed business could be carried on at once with a reasonable certainty of substantial profits, on any purchases of Stock at current rate 6. They will, therefore, : confidently rely on those who are directly or indirectly interested in developing the grazing industry of the country, to assist them in carrying out that which, if properly managed, cannot fail to prove a very profitable undertaking, i Forms of application can be obtained 1 from the Secretary, Hereford Street, -> Christchurch, at the Bank of New Zealand, Christchurch, and its Agencies throughout Canterbury. Over 700 shares are already applied r