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••••- vii : Applications for Shares in the Australian States'and New-Zealand will be received on behalf of the Company by the Union Bank of Australia, Limited, at its principal. Branches in Melbourne, Sydney, Brisbane, Hobart, Perth, and Wellington, N.Z.,. and the - Bank of Adelaide at Adelaide. IT IS PROPOSED , ... . TO'ESTABLISH'AN AUSTRALASIAN REGISTER OF SHAREHOLDERS IN OUE COURSE. '. -- - • , - -'-A:... ■ - ' . This Prospectus is beingis?ued?inniUiiueou?ly in Great Britain, ontho Continent, <\nd in AuMrnlp.sa, ...A. ■ ' v- -A' Copyoof-ti'is.prosp'ectna'haa been filed'with the Registrar :of Joint Stock Companies.-! ■ ' • — . » ■ ' . ..- •. ~ , , .. , v • J i; } ,-AA - ...The Subscription List'opeiis'on Monday q ls't'-February/'and-will-cloie'on or before 1 Thursday,. 24th-February, for. Great Britain;-and on-or-before" Friday, 25th February,-, for :tho-Continent-and for Australia, and 'New -Aealana.. , . . . The BRITISH NEW GUIMEI DEVELOPMENT CONPINY. Liaitd. i Incorporated under.the Companies (Consolidation) Act, 1908. ' : , ' - . ■.■ . , •.. v-,..-..-.-:----.. • The Guarantors who have subscribed the Capital of the ■Vendor .Company and who have personally guaranteed the subscription of over one-Half of this issue in the proportions hereinafter mentioned are as follows:— 1 "flTw* tm p r rtw t? i YTTTTPT v firvfl 11 rf. ii-n; _f A f ■ qi! ' nf Adelaide and Chairman Kuala T. J. BRASSEY, Esq., late Manager of Sir MARTIN CON Vf AA, M.A., F.Sj.A., Sir CHARLES El.'A N-SMITH, K.C.8., .B. Newgass and Co., Merchants,.- <51 . der, Anderson* and Co., Ship OttogM . ■ B. • the New Zealand Insurance Company. „ of the Lisbon Tram- Lombard Street, E.G. . . VjeneiNS;: late'- Premiel fViscouni'JßSHEß,-G.C.'F.Oi,i K.C. ; 8.; Co^Lit^w' 8 "/ 11^11 and E. ELVY ROBB, Esq.', •of Messrs. Elvy * Chairman of -Messrs/ W. and T. '. - ' , D. ELLIOTT ALVES, Esq. of South Australia. • Sir WESTBY BROOK PERCEVAL, W. ITORN, Director of tho Bank Robb and Welch, Avery. Limited, Birmingham. ' BENJAMIN Messrs. 0, J. TRINDEE, Esq., of Messrs. Trin- The Hon. GEOFFREY HOWARD, M.P, ■ ' ' CAPITAL.:. Divided into 1,000,000 Seven per Cent. Participating Preference Shares of £1 each, and 500,000 Ordinary. Shares of £1 each. Shares the Ordinary Shares will be entitled 'to T per cent., and alMu^^ ; availahle for distributon will bo divided mto two equal<rarts, of which'one will be distributed among the holders-of.-the:Preference Shares .and the other among the holdew , ! ■ The Capital and Coiinties"Bank ; Limited- The Union Bank of Australia,' Limited; arid the Bank of Adelaide, as Bankers for "the Companyf to receTve Subscriptions for an Issue of 500,000 Seven per. Cent. Participating Preference Shares of £1 each, which are now offered for Subscription at Par, leaving 500,000 Seven .ppr Cent. Participating preference Shares of £1 each and 252,000 Ordinary Shares of £1 each available for future issue. The Shares'now offered are payable as follows:—2s; 6d. per Share on Applications; 2s, 6d. per Share on Allotmentjand the balance as and when required in calls not exceeding 55.. per. Sharo at .inter-. : t vals of; not-lesj-than three months. 1 »■ ■ •■' ' , ' .. • v ■ '■ !=-:>;.v^V a;'V'Ar ; ;-:v > -n =' !/ ■- ' - - -"! " • ' ' • : 'l: a--v \ ' ■ LONDON BOARb : 'OF DIRECTORS -W ' V HOR\ T Esa' • Director of-'■ the The -Hon. JOHN G. JENKINS late The Hon.-Agar Wynne, Member of the The Bank of Adelaide, 11, Leadonhall •• LONDON BROKERS. Fees and Baynos, Adelaide Street, Bn&- GENERAL"'MANAGER : 1N PAPUA. - ■ •. -{. V . '-.Btfnk-Df--Adelaide Winibledon - Park • -.Premier of; South . Australia), •12 House of Representatives, • . Street, London, B.C. Ellis and Co., 1 Cornhill, London, E.C. ..; bane. _ ... _' . ■ .... •' ~ A v- .'. •' 'ii' 4 •'?*.; »•»'.'/ '/ .'-V.-' • S ;i-.- ..•Whiw'--WiniMedo'ri ; v''.Windsor Court, W.j'Merchant. : . wealth of Aurtralia. . . . Myers and Co., 6 Thr'ogmorton Street, Minter, Simpson, and C 0.,, OConnell- Charles A. Darling i (life londott' ! ' : Jf«iw. - ■ ITJu'riPT . fYF "R A VPTTT?T V ft PM (t -' . LONDON SOLI CI TORS. -London, B.C. • Street, Sydney. • of John ■ Darling and s Son.- ■ o£- ' (Chtirma'iO; Houm, wnN v r ST4NIEY Director of AUSTRALIAN ADVISORY COMMITTEE LONDON BANKERS, • ' . LONDON AUDITORS. Bell, Gully Bell, and Myers, Welling- Adelaide, Melbourne, and Sydnsy). ■?-'y eannd?^s ' I- C.-SaANLEY, Director of Sir .- A i fred Cowley,-Chairman of the Bank. ' For the Company: Birchatu-and Com- T osolTn . and Co » Kill . street - ton, N.Z. ..... -■ . A' ,-AA'. 'A''.- A'-' -;A A ; sfte ..Santa Fa Land C 0.,.. Limited,■,■ 3 , 0 |.,.j} 0 Queensland,-Limited,'Bris- The Capital and -Counties Bank, Limit- ' pany, 50 Old Broad Street, London, CheaDcide London and Parif ' ' -■" " •• SECRETARY AND REGisTERFn il,o;_ wrernv > Bunnw pftipfvat Belgraio bquare, S V , bane. Ed, 39 Theadneadle -Street, -London, B.C. vneapsme, ixintlon, and fans. AUSTRALIAN BROKERS. .. aconciftKT anu REGISTERED J ; ' "'vK CM G- Difector' -of' 'The. -Union :• '' " The Hon. W.-L--Baillieu, Member iof the , E.C., and Branches. For. the Vendor Company: Elvy i Robb AUSTRALASIAN SOLICITORS, ' ■ „ .... i , „ ■- • ■ . OFFICES, . ■■■>~ : :^Bink': of A'AuUralia-LimitM ■Guns- DTJNCAN iELLIOTTALVES,'The Braes, "Legislative ■ Council of Victoria; Mel- The Union Bank 'of Australia, Limited, and Welch, Temple Chambers, Lon- Blake and Riggall, 120 William Street, E.*L. and C. Baillieu, 37.5 Collins Street, James W. Scott, -26 Old Broad- SbeeEr' ' ' • ''' Grm, •- A'.' :A a -ATunbridge-Wclls. -r • - bourne. ' '71 Cornhill, London, E.C., and don, E.C.- --v.- • • -Melbourne. ' . ' Melbourne. London, E.C. - . - • - PROSPECT US. ' ,

1 this ,companyj-has rbeeß ifor'med' qmrp the. undermentioned. lands situate ■ in' British New "Guinea (otherwise known as; tfio Territory of; Papua); to .promote the cultivation on such lands ,of . tropical i-.\v ; a i establish Icjrry.,. I ;on;;„,fiu'anciQl;\.;; mercantile, • ' striding'and . general; development- busir,: jjiess; .to > develop. '.the •; resources -;.of . tHe jeonntry,-and to construct light railways ■ l«ri tramways, harbours, wharves, v.'.': ffiitd ■: other■; works. .of. public or- private • ■- aghctilture by'aissistuigv and.. financing - .eqttlersj'to utilise 'tho -RonaT-Valls-on- the fti'-S' >Rtvfer Vf tfr 'in^industijahpiirpose) tho nicmorandum- of- association. • ■ . .. VV'-vM T ';LV-!.V./v^\i'V . '■ , HISTORY • Sbs Pap"a;'v which is in ; close proximity ■ '/to'the I-Queensland ' coast, ; was •' . '; ' '.'to the : British ■• Crown' about twenty. years \~. j'. ag'o,' 'and,' - on, acCouiit-:of its' n'eaniess. to ''' Australia:: and' "the' consequent '. necessity, for-' nrotectingi Australian • interests, was !•' - ;at the'request of,"the :Australian peoplo ....-placed under "the control of the Comm on- ' i ; wMth..Gbvernin'ent 'anrl'granted' a consti- ; tttibii f bnV/kovember -1905.. ... The 'new • ■-■vtemtory-wgs'.-thrown- open >bythe'.Coin:. ' xaCnWealth Government for settlement, - and as result large areas of-land havo u : vtieh selected for the cultivation of-tropical ; piodnce "and for other purposes, but the -Territory hitlif-rto lacked the .assist* ywith ■ temple capital and initiative, tb .further individual effort - -- : .i!■'.:"??/rvK';';-',;-J,' EXPEDITION" TO PAPtJA. Hating- regard, to its undoubted fertilifyv -prbfusSon- of # indigenous plants, '■i convenient.- waterways, -"• U|id> mitiei'al wealth, this ■ neglect": of -one s:ct. \bf' portions of the • -i- ißtitish : Empire is. remarkable,. and ;is ?, imamly due to the ntisconcofltion which 'has -hitherto 'existed to;. the security" of life 1 ' and;,property and the conditions of health affecting "Europeans. ' ' (At"the. present time,-. as, l theresult.of .the progressive policy-of the Commonwealth ; ;;..-C!oyemment, :i '"the' Temtopr; is • and protected, and the climato i.i 'B, with -reasonable /precautions, not. .un-; I-t (healthy .for-Europeans. Tho ■ i foregoing I - - 'information, whicn-.is based on Govern-. ' • ijßont-reports, 'has been -confirmed -by .an [• .. tjxpodltion recently dispatched to . the f. I Tfejjitory'.by■ the.-Vondor. Company. ; This f Bxp£dihon,:on~its departure ifrom-Eng-r - ■ landi'^consisted -of two-gentlemen excep- . tionaUyqualified'for the purpose,., viz:-.— } The- ijfon. ' John' Greejey Jenkins, late ' • Premier .of South Australian and Mr. !. J : Charles Alfred' Darling, the prospective S; Gcnetal 1 .Manager-; of", the Company's ! business in l'npua.- -With the -object- of i. r obtaining official sunnort and-co-operation v y , for:- the < Company, and vat j; ■' - first il(attd;as-'.to;;the -iconditions.- under r-v;..;' which nts:work; will be carried.oil, Meisrs. :■■ . 'Jenkins-and; Darhnx, June last, -pro- . iceeded '-.to .jAustralia, and- subsequently !: - - -vimted -Eapua; ' In- both- countries--, .they ;■ .Kj' wSjteyaccorded;! a;-.very.'.sympathetic recep- ■■■ ■: ■ ■ tion by the Government Departments con-cerned;-and -were/ -given- - every possible ;.. .W&istance'and •. . , EXPERTS. i » ' , The best expert advice available was ; mgagedvboth'in-Australia: '.and; Papua, i ; »nd" ail examination was made of a numf"; ber. bf::'th'e' prbperiaesV:nsw;'' ,, under; "offer i: ■ ti thei Company. 'The resultsof this ■■ examination, --which-"'proved* 'extremely i :■ ; are-• embodied' sin -' the - Eei ; jioits which accompany ; and- form part I 'of; thisProspocttis.: The- experts who ' • jiccompanied-'the-Expedition-'were Mr. r* i'A-' Ji /Boyd,- of 'the : Queensland Depart- . ment of' Agriculture, - and Mr. H. - A. ! ■■. Wickham, the-well-known-Para .Rubber t : ; Expert. Reports .were-: also, obtained [ frtm-' Mr. • Oijbert ■ Burnett, Chief'l)istfict 'Ebrest '^hspett6r. ; 't'o r the*- Queensland !' ' . )Q6Verainerit, -and'''Jlr. 'A. S; Bloomfield, i who • is largelyV interested in Papuan inI - .'Snstnes,--and-is; the author of .■'jTropical I". 'K.'H S^T^lttre'-,:in'Pap'na':' , '' v -As,.'-aVTesult-'of: r ■ the -wdrb; of i the.; Expedition r much; valu- !: able has :been: obtained, and )tho -Directois :-'aro ..--confident • that the : ; developm'eht -.ofV-tiiis:; magnificent-, terri,-: tory • will afford unique opportunities for - the profitable employment- of-oapital and i- it]ie Extension 'of^British industry; and i■■;; icolomsation." • ' -.r- ■■ ' GENERAL BUSINESS It"is' proposed at- once to undertake i ;. : apd-i.nimMitile VSA connection -therewith to -establish ; .'offic<a"-niid'stores-!(t;-Port Moresby,; the i ■ ■'- , .commercial and. seat. of Govern--1 ixncht;; .i"With--a:' view-,to-this ■ object, i .. Idases 7 of- -'Convenient - lands-, in Port I Horesby'tave.been:obtained by tho ; Ven.i dor Cflmpanyfrom. the Government and a I-.'.-' '■ -site ■ foT - wharves" and warehoilses with ample'- water . frontage ' and ■ sufficient ! ;. ; ;-jdraugh't;for"sea-goirig-'.steamers has lilso Jbefen.vsecured-at--Abnvi Island, Cloudy fflsy. : -'.:Neg6tiations have" also'been opened [ .-. -with the - Government .with;-'a' vieur-. to |. /obtaining .-Certain■ -cbnccssions,' '- 1 and; the P.-' ■ Governmentjhas intimated that it -is pre: ;' jTar^'-to ! eiitertain' the'srant of a license i; , ' for'tlie■ uti ligation of-' the -waters of "the I'"-:,,-.. 'BOlia-Falls, on-the Ealoki'llivor, for the I generation.;-of. .electrical 1 power., ;-The j.;/..-...'- JioiA.i jails .are Situated/within-22. miles [■' - -of.Port'-Moresby.- llt 'is proposed 'that j this Company "shall ■ construct a- light v- : /railw&v. or-: tramway coniletting Port i'■ ' ' -Moresby with- Sapphire- Creek; and the ■ tGovernment has ; intimated,.-that: it .is ['; ■ ;vijira{teed'-tb cbhsideri'.a/'proposal: with, d ■ : ' Tietf-'fe''tho necessary llegislatiQii on the • tlii ; -iriflu's .'of.v Set; ';' tiers){and..others - into the -Territory;■ ahi

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https://paperspast.natlib.govt.nz/newspapers/DOM19100221.2.60.1

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Dominion, Volume 3, Issue 747, 21 February 1910, Page 8

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1,515

Page 8 Advertisements Column 1 Dominion, Volume 3, Issue 747, 21 February 1910, Page 8

Page 8 Advertisements Column 1 Dominion, Volume 3, Issue 747, 21 February 1910, Page 8

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