COMPANY AFFAIRS.

Auckland Star, Volume LX, Issue 227, 25 September 1929, Page 4

COMPANY AFFAIRS.

FRESH REGISTRATIONS. NEW COMPANIES. Four companies, two public and twc private, were registered in Auckland yesterday. Details are as follows: — Public. Consolidated Brick and Pipe Investments, Limited. Objects: To acquire the share capital of the Amalgamated Brick and Pipe Company, Limited. Capital: £600,000, in £1 shares. Subscribers: Thomas Edwin Clark, Hendry Luke, •James Cuthbert?on, Entrican, Albert Crum, Andrew Fletcher, all of Auckland, and Charles Ernest Richardson and Charles Frederick Murphy, of Wellington, one share each. Graham, Wilson and Smellie, Limited, tailors and outfitters, Christchurch. Capital: £70,000, in £1 shares. Subscribers: John Carrell Graham, Robert Wilson, William Smellie, John Forrest • Smellie. George Henry Weir, William Robb, Hugh Brabner Bellens, and Vernon Bedwell, all of Christchurch, one share each. Private. Seagar Brothers, Limited, iron founders and mechanical engineers. Capital: £12,000, in £1 shares. Subscribers: Cha.rlcs Edward Seagar. 11,907 shares; Harry S wind ley Seagar, Charles Edward Seagar, jun., and Jack Evan Seagar, one share each. Brighton Flats, Limited, builders of houses and fiats. Capital: £2000, in £1 shares. Subscribers: Max Lichtenstein, 1995 shares; Hilda Violetta. Lichtenstein, 5 shares. NEW OIL COMPANY FLOATED. TO BORE AT WHANGAMOMONA. Drilling Tor oil in the Whangamomona district is to be commenced before November 13 by the Whangamomoma Petroleum Prospecting and Development Co., Ltd., which has lately been established to acquire boring and other rights over about 20,000 acres in the locality mentioned. The capital is £10,000, divided into £1 shares. The sum of £2500 was subscribed before registration and shares for a further £2500 are now being issued. The area on which the well will be made has been selected and a contract for drilling has been entered into. Professor R. Speight, F.G.S., F.AM.G.S., professor of geology at Canterbury College, has reported favourably on the properties held. He says: "The features of this district merit very serious consideration. There are indications of the presence of petroleum that, although weak in character, are decided evidence that the area is petroliferous and, further, the structural features are very promising. In fact I know of no locality in Taranaki, with the possible exception of the immediate vicinity of Paritutu, that is so favourably situated. . . After further reference to the structure of the surrounding district, Professor Speight continues: "I cannot say that petroleum will be found in payable quantities, but it is certainly a petroliferous area and indications point decidedly to the existence of favourable structural features." THAMES THEATRE CO. The annual meeting of the Thames Theatre Company was held yesterday, Mr. A. Burn presiding. The report and balance-sheet, already published, were adopted and the retiring directors, Messrs. W. Price and G. Cullen, re r elected. A resolution was passed empowering the directors to make necessary arrangements for the installation of talkies. The recommendation that a dividend of 7 per cent be paid was adopted.