Page 2 Advertisements Column 3

Evening Star, Issue 3802, 1 May 1875, Page 2

PROSPECTUS. PROSPECTUS OF THE ROYAL EW ZEALAND POTTERY COMPANY (LIMITED). Registered under the Joint Stock Companies Act, 1860, x - £30,000 In 12,000 Shares of L2 lOseach, 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 HEN 11Y CLARKE, M.P. 0., Tokomairiro 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. DUTHIE, of Capstick, Duthie, and Co. GEOR iE 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. BaNKEBS ; NATIONAL BANK OF NEW ZEALAND. Solicitor : DONALD REID, ESQ. Manager: MR JOHN CHETHAM. Agent fob Dunedin : M. W. HAWKINS. The name of the Company is the New Zealand Royal Pottery Company. r i he 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. Hie Nominal Capital of the Company is L 30,000, divided, into 12,000 Shares at L2 10s each. THE success which has attended the est blishment of the Mosgiel Woollen Fa tovy under the provisions of the Joint Sto< Companies Act, and the greater facilities ai extent to which such uudei takings can be co ducted by a Company as compared with a pi yate 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 Ear the ware upon a scale somewhat commensura with the large market presented in New Zealai and the other Australian Colonies, this beii the only Pottery Work established in tl . Southern Hemisphere. P w orks were commenced by IN W. M. White about a year ago, since whi( tune he has disposed of over L 3.000 worth bait Glaze Pipes alone, the market for whi is steadily on the increase, and beyond the pi sent producing powers of the establishmer During this period Mr White has also devot a considerable portion of his time and atte tion to the preparation of the necessary buil mgs and plant for the manufacture of i of starruraohxrc Pottery Ware up, •the most approved principles and latest ii provements in machinery used in Staffoidshii as the best and most economic in the world. The property is situated in t centre of Milton.

Mr W. M. White has now x’eady 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 tno value of such imports into New Zealand alone for the year ending December last 3 lt Twms 70 ’ 00 n ’ °| wllich 0ta °° alone im - P o Lj®d L 22,000 worth of potteryware, ; v..P r have eveiy 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 experienced hands—brought from the Staffordshire lotteries 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 consisting 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 T t 7nnn ßfc ' !l i V v Uatl x? es^ mated at, or about, L 7.000, including the General Government bonus of L.) 00. The amount of goodwill estimated at L2 000, Mr White has xlsolZd to nvest m the Company in paid-up shaves to that amount, so confident is he in the bona ides of the undertaking in the hands of a public Com- ? an y- ■‘•he projectors have also secured from Mr White his right obtained from the General Government to remove clay from the lands adjoining the hue 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, winch are inexhaustible. The projected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will bo in railway communication with he raw material, with unlimited and cheap coal supplies, and with a port of shipment; ns also with the metropolis and the larger townships of the Province likely to tonn good 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 liasalrcad ’ tended greatly to develop the resources of th distract m opening up clay and coal mines, en ploying a large amount of outside labor iu pr< curing and carting timber, coal, and day sin plies j i\ hilo the recent unexampled prosperit of the township of Milton has been greatly ac vanced by the presence in its midst of the lave number of employes—men, women, and chi dren—engaged upon the works, and whic would bo greatly increased by a larger proprh tary possessed of increased capital to carry o the works to every advantage. The promoters also confidently bring th enterprise under the notice of the genera public of Otago, as it is a well-known fact tha nothing so tends to advance the prosperity of country as the establishment of local Industrie within its borders, thus preventing the expoi or capital from the Colony for supplies of every day requirements. Apart from these considt rations the enterprise of itself promises to hj an amply remunerative and successful one. Th projectors, having given the matter in all it aspects every consideration, have great plea sure m placing the Company in the market and believe it will prove in every way worth of pubhe confidence and co-operative support hj m-msofappheation maybe obtained firor tt C , a P tlc k> broker, Milton; or Mr M W. Hawkins, Dunedin, ’ GEOBGE CAPSTICK, Interim Secretary.