Page 4 Advertisements Column 2

Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 591, 14 March 1882, Page 4

€unl«*r!miy Frozen M«»a* and Dairy Produce Export Conijiuny (Uuiitcd. PROSPECTUS OF THE /"CANTERBURY FROZEN MEAT AND DAIRY PRODUCE EXPORT COMPANY (LIMITED). To be incorporated nnder the '• Joint Stock Companies Acts." CAPITAL £20,000 In 2000 Shares of £10 each, To be pail up »c follows:—10s on application, 10s on allotment, and the balance by calls not exceeding 20s per share, at inteivals of not less than three months. It is proposed to call up not mors than half the capital iv the first instance, the balance to be reserved for the exten- i sion of operations when required. , Pkovibional 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., Araberly P. Cunningham, Esq., Chvistchurch C. T. Dudley, Esq., Irwell J. D Knys, Esq., Castle Hill J. T. Ford, Esq., Christchurch S, Garforth, Ebq., Spreydon Hon H. B. Gresson, Woodend John Grigg, Esq., Longbeach ( George Hart, Esq., Christchurch i James Hay, Esq., Pigeon Bay TCdwd. J. Lee, Esq., Southbridge John T. Mfttsop, Esq. (H. Mateon and J Co.) John Mnefarlane, Esq., Rangiora ' Henry Overton, Esq., Ellesmere J Hon E. Richardson, Opawa I John Studbolme, Esq., Christchurch F. C. Tabart, Esq. (R. Wilkin & Co.) H.J. Tancred, Esq., Christchurch John Tinline, Esq., Arnuri R. Westenra, Esq., Dunsaudel R. Wilkin, Esq., (Jhristchurch A. Cracroft Wilson, Esq., Christchurch Bankers: The Bank of New Zealand. Solicitors : Thos. 8. Weston. Secretary pro tern.: F. Wnymoulh. Temporary Offices : HEREFORD ST. CHAMBERS Christchurch. npHE Company is projected with the _i. 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 aad Dairy Produce for shipment on OWNER'S ACCOUNT, and to arrange for the sale thereof in i]ie 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 lully in operation, it being evident that & 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 requirements of the Frozen Meat and Provision 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 rates. They will, confidently rely on those who are directly orindirectly interested indevelop* ing the grazing industry of the country, to astsifit them in carrying out that which, if properly managed, cannot fail to prove a very profitable undertaking. Forais of application can be obtained from the Secretary, Hereford Street, Cliristehurch, at the Bank of New Zealand, Clmsrtchurch, and its Agencies throughout -Canterbury. Over 700 are already applied few.. J