FRANK HARRIS GRANITE CO, LTD

Dominion, Volume 5, Issue 1479, 29 June 1912, Page 3

FRANK HARRIS GRANITE CO, LTD

' The' Frank. Harris Granite Company;.. ' "ttd;'f .IssuosJ "'its'.:.';' abridged ' prospectus ,'i in; another ■ part. of. this morning's issue. The capiinr of tho ' compiiny ' is .C'SO.OfIO, -divided ' in'.o 60,009 shares -. ef. : .El.cac.ll. of which fl.SOO" credited as fully. °''raid;':.up"'; are;' to.'vbe':"allotted^' as ' parb;-ot' ithps'; consideration'for a. tii».com pany'ss assets, - and . the', balance' of. a.-,.'0il are. bfl'ered ,to (lie public 1 for. subscription oil.' the following terms:—Ss; ;:.per;share;payable!..on application', 1 ss.' per •share"pavablo" on allotment,!and the baiMico in calls of Ss;-.0(1. lier'diaro.at'in} Hirvals'-fof.,not :-'3es9'i-than.v" twomonths;' •The .Company has acquired andtakiti .over as a going conccrn'. 'he..business, ; .of: 'Frank-.Harris and Co., Ltd.;';. Auckland," Gisl>orne; aud^Paltncrstpri-'Xbrth, an old;: established business' in s Wellington, and ■ed^commciico..operations;' with''■■■jjh';assured ; nSarket!-. ; .The'. company..alsb'.'bwiis:a. rung-.-nii'cent'' granite ' quarry:; at; Mnehau,. .'on the Coroiuan'del ' r.eniiiMila, ; • from' whence much,. of tho; rough material.; tdress'Sli 'nt.- ihe : .company's-, willbe supplied. It is-rccogniscd '.that .the -Coroniaiiiieli' Granito'.' the/bcsti ; Seddoii Memorial in ; Wel}; :i lingt6n/wcs 'eompleted :froiiV:,this stone, so: also' was . the.- ilrst storey, of. tho _:new ;I'c-.ifc''.Ortico; iii : Auckland,and ; :"it. s :,is'..to : : be;Vlargelyc used ;in ; - the-/, cor.structiou.' of tho' Baildings;"Ai'; : bo--sides- many ;. others." It is claim-! Ed ; thfit' tlioro' is no known granite ■.that 'can? be worked bo cheaply. The Com-'-'panyiihavife nowpractically.-anj open - or-. ,J.»r' to supply. lnrgo;Sshipments.;as "early as possible, .flnd ;in addition. 1 to this, it iis- confidently.,-'expected'.that .a very..big .'■tivi'de;.' can'. !)«"■■'done;.-;with-r Sydney; '■ Mol-■b.ouriio;'-j'hnd<'tha::.whole bf;'Australia,- not .only' l'ov building purposes, , but ; , supply:in-' whole-ale .the monumentil • orders, (iiifi of. Iho leading, wholpjalo; graiii'o. ■\an(V; , . , inaVblo/;ii , njjprliiig.-firms.-of;'Auslralia fesVa'ttrced.' toO-iiivest ,;i£looo fiii'ishares' in ■:l , s ; compari.yi^\lliclt■:hßs,anV,eriorlnousond , Valuable natiii.u dop<;sifc.tqj;;deyelpp. ; So : -!aft-faS;/Mts;i;hiisiness:. : 'i<? : rcflneerhed;.if it alivn'.v has. a;tnrr.ovrr <n". ,Ct3,oi'io, showpay; i:ig te.i jvt r.. cant, w'i-.ieh, the '.directors V're coniideut. -can be considerably in■creased; and J-Co ."!>ar« ; 'pr©p«rccli':; t6;;:'""'rcc€ir6 ; "-}.'a|sp!icatieaa h ;- ?for.-