Page 3 Advertisements Column 6

Evening Star, Issue 3528, 13 June 1874, Page 3

PUBLIC COMPANIES, ~P E O S PECTUS OP THE OTAGO PAPER-MAKERS’ COMPANY (LIMITED). CA ITAL £15,000. In 3,000 Shares, of £5 each, with power to increase. Deposit on application, 10s, and on allotment 10s per share. Provisional Directors ; Mr Horace Bastings, M. P.C. Mr George Bell, • Evening Star * Mr W. J. Calder, Merchant, Invercargill Mr D. F. Main Mr James Marshall, Marshall and Copeland c Mr John Mitchell, Fergusson and Mitchell Mr Andrew Mercer, Mayor of Dunedin Mr Edward M'Glashan, M.H.R. Mr David Proudfoot Mr C. S. Reeves, M.P.O. Mr Robert Stout, Barrister, M.P.O. Mr Robert Wilson, Merchant Mr C, W. Flexman, Merchant Bankers: Bank of New Zealand. Broker: J. B. Bradshaw, Temple Chambers, The great consumption of paper in the Colony is very remarkable. The Customs returns for the year 1872 show the imported value to be the large sum of L 83.382. Much of this money would be saved to the Colony in the establishment of Paper Mills, giving employment to many, and utilising the waste products and the natural grasses especially adapted for paper-making which so largely abound in Otago. It is therefore proposed to form a Company for the manufacture of paper on a moderate scale at first, but which may afterwards he easily extended. An arrangement has been entered into with Mr M'Glashan—who has for years devoted much attention to the subject—-to acquire from him several important concessions in connection with the Government Bonuses, amounting to L 4.009 and also the valuable site for the mills he has acquired at the Mataura Falls, for whir’ he will accept 200 paid-up shares of the Co* pany. The proposed site for the mills has mat advantages. The immense water-power : point of economy for the driving of ti machinery will be very great. The lar consists of 25 acres, and adjoins a coal r serve, and coal is seen on the property itsel The main line of railway from the Bluff i Dunedin runs through it, and a station a< 3 01 “ 3 The raw material which will print paUy be made use of in the manufacture in great abundance in the surrounding di tncts. Survey and levels of the mill site and rat have been taken by Mr Brunton, C.E., an plans and estimates of machinery have bet procured from Britain. The services of thoroughly practical paper-maker have bet secured, who will also take an interest shares of the Company. The material to 1 ? Be s , 8 een eßte d by paper-makers, bol 1Q , n aQ d the neighboring Colonies. The Directors, after careful inquiry ■ England and elsewhere, and from estimat they have received, have satisfied themselv that the capital of the Company is amp' sufficient for the establishment of a mill f( the manufacture of at least 500 tons of pap annually, and from the rate at which paper now sold they have little doubt that tl returns would enable them to declare very handsome dividend annually. Nearly one-half of the shares are alreac taken up, and the balance are now off«rt to the public. As it is desirable to con mence operations as early as possible, applic tion for shares should be at once sent in 1 Mr Bradshaw, Dunedin (in whose office wi be seen specimens and plans), and A! CJalder, Invercargill. A meeting of Shareholders will be call* for the election of Directors, immediate] after the establishment of the Company. OTAGO TURKISH BATHS COMPAI (Limited). (Registered under the Joint Stock Cc panics Act.) CAPITAL L 2.000, In 2,000 Shares of LI each. _ To he paid as follows :—Two shillings s sixpence pei Share on application ; 2s 6d allotment j and the balance in calls of 2s per Share should the requirements of 1 Company necessitate such calls, which is d however, contemplated at present DIRECTORS desire to draw the A tention of the shareholders and public to the fact that, irrespective of great sreial boon the establishment of Turkish Baths will confer upon the City, rangemeuts have been made, in the new \ mises to be erected, for the Company, for formation of a Tepid Swimming Bath. T in itself will bestow upon the citizens one the highest moral aud social benefits ii possible to confer upon a community. 1 Directors, firmly believing the Baths > prove a lucrative investment to the slu ftftlders, confidently look for the hearty s port of the public. Applications for Shares received by PAUL & MACPHERSON, Jetty street, Agents for the Company

PROTECTION FROM FIRE. To Storekeepers, and others having Property at Risk, The national insurance COMPANY Deserves the support of the Public of Otago, being essentially a LOCAL OFFICE, With a Resident Proprietary ahd Administration in the Province. THE ENURE CAPITAL .:ND PROFITS For the protection of the insured and guarantee of chinas being invested here, retains in New Zealand that which would otherwise go oqt of it. A. HILL JACK, General Manager. gTANDARD INSURANCE COMPANY. FIRE AND MARINE. Head Office, Princes street, Dunedin. Capital One Million Sterling. Directors ; James Anderson, Esq. George Young, Esq. James Curie, Esq. L. Thoneman, Esq. • David Baxter, Esq. G. F. Reid, Esq. The Hon. James Paterson. Losses by Fire insured against on Stores, Warehouses, Dwelling-houses, &c., at current rates. The I C . om P an y also takes risks on Wool and all kinds of Merchandise, on land or at sea, on the most favorable terms. Particular attention is drawn to. the fact that, by provision in the articles of associa tion, Insurers will participate in the profits of Company, CHAS. REID, Manager.