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''■■'■■ -OF(TO BE INCORPORATED UNDER "THE COMPANIES ACT, 1908," AND ITS AMENDMENTS). Fof. the Cultivation of Rahhev, 'Cocoanifts, asid othe* Tropical Pi'ofcts (Papua is tlic British portion of the Territory of Now Guinea - , and its administration is under the control of the Commonwealth of/Australia). Cj&OiTAl'- flOfili Divided into 750,000 Ordinary Shares MI .- of Two Shillings each. . Of. which there shall ho issued to the Vendors 40,000 Shares fully paid up as part consideration for the transfer of their interests as set out in an agreement between Messrs. Walter Hill and Maeleod Clement Orbcll, acting as Trustees for the Vendors, and Mr. Charles Horace. Gilby, acting as lrusteo on .behalf of the proposed Company, dated the 29th day of October, 1910. Tlio balance of consideration will be the payment in cash of £2000. 50,000 Shares are now issued to the public at par upon the following terms:—3d. per Share payable on application; 3d. per Share payable on allotment; and if required the balance- in calls of 3d. per Share at intervals of not less than three months. (It is anticipated that the calls will be spread over a period of four'ycars.) . • . ,•:••' - . ' ' • . The. balance of 210,000 Shares is held in reserve for future issue. The Vendors bare paid all charges in connection with selection, application and survoy. fees. The Vendors agree not to transfer the fully paid-up Shares above referred to within 12 months of the incorporation of the- Company. . The Vendors havo agreed to, subscribe for Twelve Thousand (12,000) Contributing Shares in tlio Company.

PROVISIONAL DIRECTORS: BANKERS: j> (Who retire at the Statutory Meeting of the Company, but may 'be -re- ' BANK OP NEW SOUTH WALES Hereford Street,! Christchurch, . and its ■ ■• appointed). . ■ ", branches throughout' New Zealand, the Commonwealth, of Australia, GEORGE THOMAS BOOTH, Esq., Manufacturer, Sydenham. . , and at Samarai.and Port Moresby, Papua (British I\cw Uuinea;. . THOMAS CHAPMAN, Esq., Sheepfarmer, Rothcrham. '." ' nijnKER- ' " RICHARD EVANS, Esq., Farmer, . Kaiapoi. ■ " , ... _ ~ , Q . et Pllr .v t . WALTER HILL, Esq., Merchant; Christcburcb. " ' THOMAS COMPTON, Hereford Chambers, 144 Hereford Street, Uinst BENJAMIN MICHAEL MOORHOUSE, Esq., Medical Practitioner, .Christ- church (Member, of Stock Exchange of Canterbury). MACLEOD CLEMENT ORBELL, Esq., Gentleman, Christehurch. • . . COMPANY'S. REGISTERED OFFICE: WILLIAM THOMAS ROBINSON, Esq., Land Agent, Cliristchurch. ROYAL EXCHANGE BUILDINGS, Cathedral Square, Chiistcnuicn. SOLICITOR: SECRETARY (pro tern,): REGINALD VINCENT, Esq., Cathedral Square, Cbristchurch. . C. H. GILBY, P.O. Box 50,' Christehurch. ■

The Company is being formed for the purpose of'carrying on the business of 1 The Hon. Staniforth Smith, Administrator of the Territory, in his handPlanters of Rubber and Cocoanuts and other Tronical Produce, and in gen- book on Papua, page 10, says:— . ■ . : . . ■_ x-rrm-o eral to carry out the objects as set forth in tho Memorandum of Association, ~n lsrl? waptOU GREATLY IN FAVOUB OF. AGRICLLTUKAb.Ji.rs Ui|li; and in particular, to adopt an agreement dated the 23th day of October, piIKE IN-PAPIR jUUSES FROM THE FACT THATIT. IS .OUTSIDE THE 1910, between Walter Hill and M. C. Orbell, Trustees for. the Vendors, and qf ■KTIBRIC'VNES that occasionallyravage the southern part ot the Charles Horace Gilby, Accountant, of Christchurch, acting as Trustees on be- ™£u™ Pacific "id North Queensland. THE PI<AN TER v JS^MPSFci half of this Company; whereby tho Company became possessed of tho follow- runs NO RISK OF HAVINe THE FRUITS. OF HIS LABOURS AND HIS ing property, and all rights and-concessions in connection therewith, namely: OF CAPITAL LOST BY SUCH VISITATIONS.' An agreement, to lease from tho Papuan Government of 99 years, an area It j s estimated that it will take four years to clear and plant 2000 acres, of 2000 acres in'the Elai Valley, adjacent to Port Glasgow, on the a f a total cost with interest compounded at 5 pei; cent ■ oti-2o per acie m- . Southern Coast of the Eastern Division of tho Territory, of Papua on cluding Comnany and office expenses, seeds, superintendent s house, tool* ana • . which it is proposed to establish a Rubber Plantation: ' tool-house, etc., and that o ™™ en b c ™ n fi^J^ p £n°^ The hereinbef ore-mentioned Agreement is subject to tho requirements of in .f> °J- Wltl i 1 ", ?"° flw/ , demonstrated to be the most the-Government of tho Territory of Papua and the laws hvforce in that Ter- with iara lluUDer liees, wm -i- , , ritory applicable to the said lease, and tho covenants and conditions con- suitaoie wee. PATCH AND OTHER CROPS. tained in the said-lease, and subject to such.Government consents (if any) on "'" ■ .".,.- , ~■ ,■, t , p.-, -r^w the transfer of the said lease, and. provides (inter alia) that tho said Com- jn or( ] or to make the land immediately productive lara ituooer , pany shall accent the Vendor's title to tho said lease, and perform all tho, Troes are maturing, Catch or Inter Crops may be prohtabl} grown. ! " improvement cSnditions attached to the said lease, which, conditions are e-x- pcr tvis renorted to be well suited for the'growth of manj'^uab le tr°P"«Jceedingly- easy of fulfilment, will bo.seen on reference to the full Prospectus. pro ducts, the.cultivation of any. or which will give somo returns as loiiono., ' The large profits being made by Rubber CompaniesVorywherc, and tho Sugar-cane from £17 to & !0, per'acre.Bananas from...-J22 £|30,pcr acre, bright prospects before the rubber-growing industry, together with tho favour- Tobacco „ ... ■.„ . „ "•I"'"' , "' -v £7' to £S' ■„ able terms uoon which land could be obtained in-Papua, and the" reports of Arrowroot „ ... tU to-i-10-•;,•■„- „„ +f%n ™r'ii-rp this country's suitability for-all kinds of tropical, agriculture, more especially ■ ; .'■ ■ ■ .Lemon-grass from =U to ill per acre. ■ . . for Rubber growing, induced the Vendors to acquire this property, which . All of those nroducts civo returns tho first year of planting, and.it may bo has been deleribed as "THE. BEST LAND, IN .THE EASTERN DIVISION." ■ confi dontly antTcinatcd that a very large'reduction in the capital cost of the As will be seen in tho reports set out' in detail in the full Prospectus, plantation will be effected by some of these products bong grown as- eaten . the Company will bo in the fortunate.position of having -land upon which crops between the rubber trees. ■ . . almost any. tropical, produce can be, grown. . . The number of Shares fixed by tho Articles of Association as the qualifica- . . .'. ..- RAINFALL AND TEMPERATURE. , • : - ticm of a Director is 1000 Shares.of the. value of One Himdred founds. , ■ -.Government statistics obtained at various points in the Eastern Division ™ye™ tfa Vv™.?KS meetings ' Statutory Meeting . of Papua compared .with the authorities showtho territory to be an-ideal coun- and at the, subsequent Ann,al V™ ela j , ... , '. try for Rubber growing, the rainfall and temperature being almost identical Tho minimum si bscr P^'V 15 f*,. w?thin 90 days of the. issue of the ; with that which these authorities state to bo tho best for tho successful culti- . Should this number not beamed *°rjitn, nJU 3 ■ . : ration' of this product, and when,, added to this, the rich nature o the soil is prospectus the 'H'l^W , Xli [ Zl exceed s'per cent on the sub-. ■ considered quick-growiug trees and early returns may be confidently, expected, .The commissi ™ P»«kto- broKU , S , S ' " .;■;;:;,.■: EXTRACTS FROM EXPERTS' REPORTS. ' " BCn Th/'prelimhiary expenses are estimated at-Five Hundred Pounds. ■ » i'■ -'The property is situated in the Elai Valley, near Port Glasgow, in a ■ qi,. rl ,« y> O uld bo made on the form, accompanying the .-■direct line, between Port Moresby and-Samarai, ,tho two trading centres of A PP"^".JS4 9 i rcStWTfor thadopoeit 'of-thi<*p e nce.per S S a^^S'^Tde^d^^^r^.; f

'' TEWOEHB. . . .; ■ ■ WELLINGTON' .CITY COUNCIL.' TO .BUILDERS ,AND 'CONTEACTORS. ■ TENDERS FOITisTENSION OP ; : . ' -•:, ABATTOIE. . ' TTVENDBBS will be received at ' • tho. , A office of tho undersigned up to A p.m.'on THURSDAY, the Ist Dccemljer; for' Additional Coyer«d Tards, Tripo 'House, and Eelaining Wall at the Municipal Abattoir, Kgahauranga. Plans and Specification may be seen at tho office of the City Engineer, Town Hall.- • Tenders to be endorsed "Tender for.Ex-, tension of Abattoir."- . : '■■■' J NO. E. PALMER, ■ ' .:. ■ , Town Clerk. ' 25th November, 1910.' J WELLINGTON CITY COUNCIL. EXTENSION OF TIME FOR 'RECEIPT . ' of ■ ■- TENDERS TOR WATER PIPES, WAIKUI MAIN, ETC. nnENDERS will be received at- the OfA flee of the Undersigned up to 4 p.m. on' THURSDAY, the 9th February, 1911, for. tho Supply m Water Pipes and Fittings for the duplication of a portion of the Wainui Main. etc. '. Specifications and Drawings may bo obtained, at tho Office of tho City Engineer, Town Hall, upon payment of a feo. of Three Pounds (.£3), which amount will be refunded upon receipt of a bona fido Tender. ' . ■ Tenders to bo endorsed'"Tender for Pipes and Fittings." JNO. E. PALMER, Town Clerk. sth November, 1910. . riAMEBAOIED CONCRETE \J . ■ IS THE CHEAPEST KNOWN METHOD OF ERECTING A PERMANENT FIREPROOF AND DAMP-PEOOF BUILDING. Full particulars from 'H. L. FRIEND. AUCKLAND, • Or Che CAERARA CEILING CO, .Wellingtoa South Local Agents. WELLINGTON TIMBER CO.,- LTD;,' Constable Street, Wellington South, HAVE in stock large quantities of all BUILDING MATERIAL, and aro nrepared to deliver to 'any part City and Suburbs at Bedrock Prices, Send for quotations. .Telephone 1900. P.O. Box-22. . TJERBERT -jgjlLL ROLLESTON ST., WELLINGTON. Sanitary Drain-PiDo Manufacturers. . Chimney-Pob and Sanitoy Accessories of' all descriptions kept in stock. ■ . . Price Lists on application. TclcDhuno 587. •■EXPANDED METAL KAHN TRUSSED r . STEEL BARS. KAHN RIBBED STEEL BARS, For Reinforced Concrete Construction. EXPANDED STEEL LATHING, ■ For Fireproof Walls and Ceilings. RUBEROID HOOPING, DAMPCOURSE FLOORING.' GIANT BUILDING PAPERS. RATNER SAFES AND STRONG-ROOM DOORS. DREADNOUGHT FIREPROOF DOORS, OREGON TIMBER AND LATHS. THE STEWART TIMBER, GLASS, AND HARDWARE CO.. LTD., Courtenay Place, ■Wellington, "mllE DOMINION" employs a stall of JL Mvertisihg Experts, whose services are always available. They will ,;i',c ,-aluablo Advice to Advertisers, cad Write Advertisuicuta without any axtrn c liaise,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19101126.2.9.3

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 4, Issue 984, 26 November 1910, Page 3

Word count
Tapeke kupu
1,582

Page 3 Advertisements Column 3 Dominion, Volume 4, Issue 984, 26 November 1910, Page 3

Page 3 Advertisements Column 3 Dominion, Volume 4, Issue 984, 26 November 1910, Page 3

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