Page 2 Advertisements Column 3

Evening Star, Issue 3796, 24 April 1875, Page 2

PROSPECTUS. PROSPECTUS OP THE ROYAL -\r EW ZEALAND POTTERY COMJ3I PANY (LIMITED). Registered under the Joint Stock Companies Act, 1860, T , ft £ a P it l ll £30,000 In 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 5s per share, payable at intervals of not less than three months between each call. Provisional Directors ; W. A. MURRAY, M.H.R., Glenore UENRY CLARKE, M.P.C., Tokomairiro J AMES GOOD ALL, Mayor of Milton ANDREW M'LAREN, Stook-dealer GEORGE GOOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACK AY, Publisher R. W. CAPSTTCK, Auctioneer J. M. WATSON, Contractor W.L. PHILP, of Philp, Henderson, and Co. JOHN A. DsjTHIE, of Capstick, Duthie, and Co, GEOR E WILSON, Timber Merchant JAMES FINCH, Farmer J. L. GUTTER, Merchant JOHN A f‘FARLANE, Farmer, Wangaloa THOMAS MURRAY, Farmer, Glenore With power to add to their number. Bankers: NATIONAL BANK OF NEW ZEALAND. Solicitor : DONALD REID, ESQ. Manager : MR JOHN CHETHAM. Agent for Ddnedin : M. W. HAWKINS. The name of the Company is the New Zealand Royal Pottery Company. The Registered Office of the Company is to be 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 esfc blishment of the Mosgiel Woollen Fa tory under the provisions of the Joint Stoc Lompanies Act, and the gfeater facilities at extent to which such undei takings can be ooj dueted by a Company as compared with a pi vate individual, has led to the project of tl formation of a Company, with a view to tl purchase of the Tokomairiro Pottery Work now owned by Mr W. M. White, and conduc mg the manufacture of Pottery and Earthei ware upon a scale somewhat commensura with the large market presented in New Zealar and the other Australian Colonies, this beii the only Pottery Work established in tl Southern Hemisphere. The PiQsent works were commenced by N W. M, White about a year ago, since whit time he has disposed of over L 3.000 worth < Salt Glaze Pipes alone, the market for whic is steadily on the increase, and beyond the pr sent producing powers of the establishmen Luring this period Mr White has also devott a considerable portion of his time and attei tion to the preparation of the necessary built 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 Stafford shir and recognised as the best and most economic! m the world. The property is situated in tl centre of Milton Mr W. M. White has now ready for mark* largo supplies of saleable articles for geneiv and domestic purposes. The present time i therefore, considered by the projectors of th Company the most favorable opportunity fc entering upon the possession of the works, an pushing the manufacture and sale of Potter ware in this and the adjoining Colonies. A estimate of the nature and extent of the avai able market may be arrived at from the fa< that tne value cf such imports into New Zei land alone for the year ending December lai amounted to L 70,000, of which Otago alone in ported L 22,000 worth of potteryware. The promoters have eveiy confidence ths they will be enabled to supply the whole Cob mal market with any article in potteryware i a figure sufficiently low to compete successful] with the Home article, while securing a larg margin of profit to the Company, who ha\ secured the services, as manager, of Mr Che ham, for thirty years proprietor of one of tl largest English Potteries, and practically a quamted with the various processes adopted i every branch of the trade. The services of tl present staff of over thirty thoroughly exper enced hands—brought from the Sfcaffordshii rottenes direct, and now engaged upon tl works, have also been obtained. The projectors have agreed with MrW W White to take over the Freehold Property, coi sxstiug of Three Acres of Land surrounding tl present centrally situated Works (secured wit a view to their future development), and tl large and substantial buildings, with plant an t 7 C n n ’n at . a /Ration estimated at, or abou L 7,000 including the General Govemmei bonus of L3OO, The amount of goodwill, est mated at L2JJOO, Mr White has resolved to i vest in the Company in paid-up shares to thi amount, so confident is he in the lona Tides ( the undertaking m the hands of a public Con ® Projectors have also secured froi Mr White his right obtained from the Genera Government to remove clay from the lands at «»e k?® of railway between Tokomairir and the Clutha, which clay is allowed, by coir potent judges, to be equal to any found i England for manufacturing purposes. Th Government are now forming a siding to thes clay pits, which are inexhaustible. The nrc jected branch line to the Tokomairiro coal field has also been surveyed to pass in front of th premises, so that the works will be in railwa communication with he raw material, withur limited and cheap coal supplies, and with a por of shipment; as also with the metropolis an the larger townships of the Pi evince likely t fonn good markets for supphes. The projectors appeal for support with ever confidence to the residents of Tokomairiro ani the settleis of the County of Bruce generally as the establishment of this industry has alread tended greatly to develop the resources of th district in opening up clay and coal mines, em ploying a large amount of outside labor in mo curing and carting timber, coal, and clay sup plies ; while the recent unexampled prosper! tof the township of Milton has been greatly ad vanced by the presence in its midst ofthela?g er °* W ?pl°y < k~ m en, women, and chil wonl7b« gage< l, UI - 0n the works, and whic] tarir greatly increased by a larger proprie tbI y ™ P w Sed of mcrease< i capital to carry oi the works to every advantage. * Ihe promoters also confidently bring th n&Tor UDder notice of the gfnera noth naL°r tag ,?’ f 3 I V B a w ell-known fact tha nothing so tends to advance the orosnaritv of i wlthffi R?b t^rV Btab + 1 i Sliment of f n its borders, thus preventing the expor apital from the Colony for supplies of every tLZ q T me ? t9 - - consS an arnnlv he enterpn * e of itself promises to b moieoSZb an . eratl Y e aud successful one. Th SS? ’ havin S ven the matter in all it Zf CV i consideration, have great plea -f 19 Corfl P»ny in the maricet of nnbN in everyway worth' f ’ hc confidence and co-oparative support oims of apphcatioa may be obtained fron Mr G. Capstick, Brokew, Milton; or Mr M W. Hawkins, Dunedin. ' GEDRfJE CAPSTICK, , 4 Interim Secretary,