Page 2 Advertisements Column 3

Evening Star, Issue 3801, 30 April 1875, Page 2

PROSPECTUS. PROSPECTUS OF THE ROYAL EW ZEALAND POTTERY COMPANY (LIMITED). Registered under the Joint Stock Companies Act, 1860, Capital £30,000 In 12,000 Shares of L2 10s each, of which 800 shares are already paid up, representing portions of th'e 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 bo made three months after allotment, and no further call to exceed os per share, payable at intervals of not less than three months between each call. Provisional Directors : W. A, MURRAY, M.H.R., Glenore HENRY CLARKE, M.P.C., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M‘LAREN, Stock-dealer GEORGE COOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACKAY, Publisher R. W. CAPSTICK, AuctioneerJ. M. WATSON, Contractor W.L.PHILP, of Philp, Henderson, and Co. JOHN A. DOTHIE, of Capstick, Duthie, and Co. GEOR >E WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant JOHN M'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 Dunedin : M. W. HAWKINS. The of the Company is the New Zealand Royal Pottery Company. Jhe 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 lime 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. r Capital of the Company is L 30.000, divided into 12,000 Shares at L2 10s each. THE success which has attended the establishment of the Mosgiel Woollen Fac tovy under the provisions of the Joint Stock Companies Act, and the greater f icilitie* and extent to which such undei takings can be conducted by a Company as compared with a private individual, has led to the project of the formation of a Company, with a view to the purchase of the Tokomairiro Pottery Works now owned by Mr W. M. White, and conducting the manufacture of Pottery and Earthen- ™ "Pon a scale somewhat commensurate with the large market presented in New Zealand and the other Australian Colonies, this bciim the only Pottery Work established in the bouthern Hemisphere, , The P V?- S i ent works were commenced by Mr W. M. white about a year ago, since which time be has disposed of over L 3,000 worth of Halt Crlaze Pipes alone, the market for which is steadily on the increase, and beyond the prea considerable porti;n of liis time and attention to the preparation of the necessary buildings and plant for the manufacture of all classes of Staffordshire Pottery Ware upon the most approved principles and latest improvements in machinery used in Staffordshire and recognised as the best and most economical in the world. The property is situated in the centre of 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 niKmincr fno nvmnfo 7 n -r* /. —--n iwoflCßssjiuu ur me worKs, and pushing the manufacture and sale of Potteryware in this and the adjoining Colonies. An Ocftwtotn aF ihn 1 • * .. estimate of the nature and extent of the available market may be arrived at from the fact that tno value cf such imports into New Zealand alone for the year ending December last amounted to L 70,000, of which Otago alone imworth of potteiyware. The promoters have eveiy confidence that they will be enabled to supply the whole Colonial market with any article in potteryware, at a ngure 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 Chatham, 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 experienced hands-brought from the Staffordshire i ottenes direct, and now engaged upon the works, have also been obtained. projectors have agreed with Mr W. M. . ,t® to take over the I'reehold Property consisting of Three Acres of Land surrounding the present centrally situated Works (secured with a view to their future development), and the large ami substantial buildings, with plant and at . a valuation estimated at, or about, >7,000 the General Government bonus of L3OO. The amount of goodwill estimated at L 2.000, Mr White has resolved to uvest m the Company in paid-up shaves to that amount, so confident is he in the bona tides of the undertaking in the hands of a public ComM le ; projectors have also secured from Mr \\ lute las right obtained from the General Government to remove clay from the lands adjoining the line of railway between Tokomairiro and the Clutha, which clay is allowed, by competent judges, to be equal to any found in England for manufacturing purposes. The Government are now forming a siding to these clay pits, which are inexhaustible. The projected branch Hue to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will be in railway communication with he raw material, with unlimited and cheap coal supplies, and with a port of shipment; as also with the metropolis and the larger townships of the Province likely to ronn Food markets for supplies. The projectors appeal for support with every confidence to the residents of Tokomairiro and the settlers of the County of Bruce generally, as the establishment of this industry has already tended greatly to develop the resources of the district in opening up clay and coal mines, employing a largo amount of outside labor in procuring and carting timber, coal, and clay supplies ; while the recent unexampled prosperity ot the township of Milton has been greatly acb vanced by the presence in its midst of the large number of employes—men, women, and chil-dren-engaged upon the works, and which would be greatly increased by a larger prourie-tin-y possessed of increased capital to carry on tiie works to every advantage, Ihe promoters also confidently bring the enterprise under the notice of the general public of Otago, as it is a well-known fact that nothing so tends to advance the prosperity of a country as the establishment of local industries within its borders, thus preventing the export of capita^from the Colony for supplies of everyday requirements. Apart from these considerations, the enterprise of itself promises to be an amply remunerative and successful one. The projectors, having given the matter in all its aspects every consideration, have great pleannliiVr pla F. in S the Company in the market, and behove it will prove in everyway worthy ot pubhc confidence and co operative support. Mv p mß n° f ®P? hjc ® tlo , n maybe obtained from w. Ha&t M1 “° n;or GEORGE CAPSTIOK, Interim Secretary.