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C'anterlm-'jK Wrozvn Mrttf a m<l JJair.r B a r<iflii«'4> Kx])nrt CY.jmjkihv (L,isuit<Ml. riiosp c c tv s 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 he pail up as follows :— 10s on application, IDs on allotment, und the balance by calls not exceeding 20s per share, at inteivals of not loss than three months. It is proposed to call up not mor , than half the capital in the first instance, the b.ilaiice to Lie reserved for the exten- i sion of operations when required. ) Provisional DiKKCTons : < John Anderson, Esq., Christchnrch r F. Banks, Esq., (Miles & Co.), Christchnrch W. Uirystall, Esq., President of Chamber of Commerce ( John Cooke, Esq. (Manager N.Z Loan and Mercantile Agency Company) F. Cour.ige, Esq., Amberly P. Cunningham, Esq., Christchurch C. T. Dudley, Esq., Jrwell J. l> Enys,'Esq., Cas'le Hill tl. T. Ford, Esq., Christchurch S, Garforth, E.'-q., Spreydon lion H. V>. Gresson, Wood end John Grigg, Esq., Longheach ( George Hart, Esq., Christchurch . .lames Hay, Esq., Pigeon Bay Ktiwd. .). Lee, Esq., Southhridge John T. Matson, Esq. (H. Matron and | Co.) John Maefnrlane, Esq., Rangiora J Henry Overtoil, Esq., Ellesinere . Hoh E. Richardson, Opawa | John iStndliolme, Esq., Christchurch F. O. Tabart, Esq. (It, Wilkin & Co.) H. tl. Tancred, Esq., Christchurch John Tinline, Esq., Aniiiri R. AVestenrn, Esq., Dunsandel . R. 'Wilkin, i'jsq., I hrishchurch A. Cracroft Wilson, Esq., Christchurch Bankkhs : The Bank of iNew Zealand. Solicitous .- Thos. S. Weston. Skckictauv pro teni.: F. Waymouth. TKMTOI'.AItY OI''FI(!KS : U K RI<; VOVA) ST. CHAMB ICRS CHIiISTCIIUT.CII. THE Compi'.ny is projected with the 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. If; is intended that the Company shall have power cither to purchase or sit:p 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 hilly 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 f>D per cent advance on Cheese and IUO 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 lor Butter, Cheese, etc., where such may be collected from Fanners, 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 (,£f 0,000) will be sufficient to acquire suitable premises, erect the necessary buildings, provide all requisite machine) , )' 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 aro assured that the London and St Katherino 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 btock '' ab current rates. 7 hey will, therefore, confidently rely on those who are directly or indirectly interested indeveloping 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. Forms of application can be obtained from the Secretary, Hereford Street, Christchurch, at the Bank of New Zealand, Christchurch, and its Agencies throughout Canterbury. Over 700 tslmies are .already applied ' for. " J

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AMBPA18820317.2.19.2

Bibliographic details
Ngā taipitopito pukapuka

Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 592, 17 March 1882, Page 4

Word count
Tapeke kupu
702

Page 4 Advertisements Column 2 Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 592, 17 March 1882, Page 4

Page 4 Advertisements Column 2 Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 592, 17 March 1882, Page 4

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