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PROSPECTUS OF THE DUNSTAN DISTRICT FLOURMILL COMPANY. (To be Registered under the Limited Liability Act.) Capital.£3,ooo,in Six Hundred Shares of £5 each; 10s. deposit on appli cation, 10s. on allotment, and the balance in calls of 10s. each, one month’s notice to b} given of each call. PROVISIONAL DIRECTORS. Messrs Hazlett Messrs F J Wilson Finlay Auckland Cambridge Goodger Williams Fachb Sinclair. Bvnkbbs: Bank of New South Wales. Treasurer— A Christophers, Esq. •Secretary —G Fache, Esq. It has long been felt by the inhabitants of the District that the erection and establishment oi a flour mill would prove of the utmost utility and service, Hitherto, however, capitalists and others were deterred from embarking in the enterprise, owing principally to the small quantity of land taken up for agricultural purposes, and also to the fact of tho limited area thrown open by the Government for selection. But these drawbacks no longer exist, as a considerable quantity of land is now under cultivation, which is rapidly being increased. From the foregoing and other reasons, tho projectors of this enterprise are of opinion that the time has now arrived when the proposition for the erection of a Flour-mill can, with confidence, be brought before the public for consideration ; especially when, at this season, the want is deeply felt : while, on the other hand, the undeniable success that has attended the mills erected in a neighboring district offers a bright example, and give such encouragement as to permit an indulgence in the hope of expecting a similar result here, which the importance of the District Justly deserves. Tho Provisional Directory have deemed it the better to increase the crease the capital by £I,OOO above what (in the first instance) was thought sufficient, making in all £3,000, so as to be in a position, if necessity demands it, to purchase old wheat. But they would impress on (lie mindsjof intending shareholders that no more capital will be called up than will be necessary to set the mill in motion and produce flour. The choice of motive power to be tho subject of future deliberations, due eonsiderafion being given to economy. The site of the Mill, also, and other matters of deta’l, to bo left fo' - after consideration by the Company or their Directors. As soon as two hundred Shares are allotted, a General Meeting of Shareholders will be convened,when a Board of Directors and a Manager will be appointed and the Company registered Form of Application for Shares. To O. Fache, Esq. Secretary of tho Dunstan Flour-mill Company. Sir, —I hereby make application for Shares in the Dunstan District Flour-mill Company, and enclose the sum of £ , being deposit on the same. I am, Sir, &c., Name (in full) Address Date

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https://paperspast.natlib.govt.nz/newspapers/DUNST18740626.2.16.1

Bibliographic details

Dunstan Times, Issue 636, 26 June 1874, Page 4

Word Count
455

Page 4 Advertisements Column 1 Dunstan Times, Issue 636, 26 June 1874, Page 4

Page 4 Advertisements Column 1 Dunstan Times, Issue 636, 26 June 1874, Page 4

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