Page 2 Advertisements Column 2

Evening Star, Issue 3790, 17 April 1875, Page 2

PROSPECTUS. PROSPECTUS OP THE ROYAL 'VTEW ZEALAND POTTERY OOM--11 PANT (LIMITED). Registered under the Joint Stock Companies Act, 1860, Capital £30,000 la 12,000 Shares of L2 10s each, of which 800 shares are already paid up, representing portions of the present capital of the Company. Five shillings per share to be paid on application, and 5s ou allotment. A call of 5s per share to be made three months after allotment, and no further call to exceed 6s per share, payable at intervals of not less than three months between eaeh call. ’ Provisional Directors : W. A. MURRAY, Glenore HENRY CLARKE, M.P.C., Tekotnairiro JAMES GOOD ALL, Mayor of Milton ANDREW M‘LAREN, Stock-dealer GEORGE COOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACK AY, Publisher R. W. CAPSTICK, Auctioneer J. M. WATSON, Contractor W. L. PHILP, of Philp, Henderson, and Co. JOHN A. DOTHIE, of Oapstick, Duthie, and Co. GEORGE WILSON, Timber Merchant JAMES FINCH, Fanner J. L. SOUTTER, Merchant JOHN M FARLANE, Farmor.iw THOMAS MURRAY, Farmer, GlSe With power to add to their number. 9 Bankeeb * NATIONAL BANK OF ZEALAND. Solicitor : DONALD REID, ESQ. Manases : MR JOHN CHBTHAM. Agent fob Dunedin j M. W. HAWKINS. The name of the Company is the New Zealand Royal Pottery Company. , The Registered Office of the Company is to he established in the township of Milton, in ; the Province of Otago. The objects for which the Company is established are for the purposes of manufacturing and selling all kinds of Stone, China, Printed, Painted, and Enamel Earthenware; also, every description of Salt Glaze Stone Pipes, Chimney Tops, Sewer Pans, Fire Bricks, Tesselated Pavements, and Telegraph Insulators, and to do all things the Company, from time to time, consider to be incidental or conducive to the attainment of its objects, or otherwise for its benefit. The Liabilities of the Shareholders are Limited. The Nominal Capital of the Company is L 30.000, divided into 12,000 Shares at L2 10a each. - THE success which has attended the esti blishment of the Mosgiel Woollen Fa< tary under the provisions of the Joint Stoc Companies Act, and the greater facilities an extent to which such undertakings oan be coi ducted by a Company as compared with a pr vate individual, has led to the project of th formation of a Company, with a view to th purchase of the Tokomairiro Pottery Work) now owned by Mr W. M. White, and conduo iug the manufacture of Pottery and Earthei ware upon a scale somewhat commensurai with tiie large market presented in New Zealan and the other Australian Colonies, this bein the only Pottery Work established in th Southern. Hemisphere, The present works were commenced by M W. M. White about a year ago, since whic tune ho has disposed of over L 3.000 worth c Salt Glaze Pipes alone, the market for whic is steadily on the increase, and beyond the pn ■ent producing powers of the establishment During this period Mr White hag also devote a_ considerable portion of his time and attei tion to the preparation of the necessary builc ings and plant for the manufacture of a classes of Staffordshire Pottery Ware upo the most approved principles and latest in provements in machinery used in Staffmdshin and recognised as the best and most economic! m the world. The property is situated in th •entre ef Milton.

Mr W. M. White has now ready for market large supplies of saleable articles for general and domestic purposes. The present time is, therefore, considered by the projectors of this Company the most favorable opportunity for entering upon the possession of the works, and pushing the manufacture and sale of Potteryware in this and the adjoining Colonies. An estimate of the nature and extent of the available market may be arrived at from the fact that the value of such imports into New Zealand alone for the year ending December last anmunted to L 70,000, of which Otago alone imP°irrL L 22,000 worth of potteryware. promoters have every confidence that they will be enabled to supply the whole Colonial market with any article in potteryware, at a figure sufficiently low to compete successfully with the Home article, while securing a large margin of profit to the Company, who have secured the services, as manager, of Mr Chetham, for thirty years proprietor of one of the largest English Potteries, and practically acquainted with the various processes adopted in every branch of the trade. The services of the present staff—of over thirty thoroughly experimiced hands—brought from the Staffordshire Jrottenea direct, and now engaged upon the works, have also been obtained. The projectors have agreed with Mr W. M. White to take over the Freehold Property, consistuig of Three Acres of Land surrounding the present centrally situated Works (secured with a view to their future development), and the large and substantial buildings, with plant and r t 7 ( Sm at - ft i V j- uati x? es *i mate d at, or about, L 7,000, including the General Government bonus of L3OO. The amount of goodwill, estimated at Mr White has resolved to nvest in the Company in paid-up shares to that amount, so confident is he in the bona fidu of the undertaking m the hands of a public ComM ;ll^7u^ he i.. pro^,ctora hav ® 4180 secured from ™ uuiamea irom tne Henen government to remove clay from the lands at jommg the line of railway between Tokomairii and the Clutha. wWnii /»]«•» and the Clutha, which petent judges, to be equal to any found f England for manufacturing purposes. T1 frovernment are now forming a siding to thei clay pits, which are inexhaustible. The pr jeeted branch line to the Tokomairiro coal fieh Mas also been surveyed to pass in front of tl premises, so that the works will be in railwa communication with the raw material, with ui lumted and cheap coal supplies, and with a po of shipment; as also with the metropolis an the larger townships of the Province likely 1 i form good markets for suppUes. J I projectors appeal for support with evei confidence to the residents of Tokomairiro an the settlers of the County of Bruce generalh as the establishment of this industry has alread tended greatly to develop the resources of th district in opening up clay and coal mines, en ploying a large amount of outside labor in pr< cunng and carting timber, coal, and clay sui P] I** 1 ** > while the recent unexampled prosperit of the township of Milton has been greatly ac vanced by the presence in its midst ofthe lara number of employes—men, women, and chi ffiren-engaged upon the work., and whio would be greatly increased by a larger proprh tary possessed of increased capital to carry o the works to every advantage. * Ihe promoters also confidently brine th enterprise under the notice of the genera nntv 5 ° f 48 to iß a well-known fact tha nothing so tends to advance the prosperity of countryas the establishment of locaflndustrie within its borders, thus preventing the eSr of capital from the Colony for supplies of evert . Apart froKXoS rations, the enterprise of itself promises to b re “ Ul ? erati ye and successful one. Th MnS /rJ havmg .? ven the matter in all it aspects every consideration, have great nlea of P ve J ln e ve iyway worthGEORGE CAPSTICK, Interim Secretary.