Page 2 Advertisements Column 3

Evening Star, Issue 3803, 3 May 1875, Page 2

PROSPECTUS. PROSPECTUS OF THE ROYAL ■VTEW ZEALAND POTTERY COMJji PANY (LIMITED). Registered under the Joint Stock Companies Act, 1860, r £30,000 In 12,000 Shares of L2 10a each, of which 800 shares are already paid up, representing portions of the present capital of the Company. Five shillings per share to he 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 : ML A. MURRAY, M.H.R., Glenore HENRY CLARKE, M.P.C., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M'LAREN, Stock-dealer GEOUGE OOOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACK AY, Publisher R. W. CAPSTICK, Auctioneer J. M. WATSON, Contractor Philp, Henderson, and Co. JOHN A. DuTHIE, of Capstick, Duthie, and Co. GEORGE WILSON, Timber Merchant JAMES FINCH, Farmer J. L. Merchant m9™^r¥^ A ?kANE, 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, i T l ll ?, name fj ke Company is the New Zea land Royal Pottery Company. Ihe Registered Office of the Company is to be established in the township of Milton, in Province of Otago, The objects for which the Company is establisted are for the purposes of manufacturing ana selling all kinds of China, Printed tainted, and Enamel Earthenware ; also every description of Salt Glaze Stone Pipes, Chimney Tops, Sewer Pans, Five 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. r Liabilities of the Shareholders are Limited. roA ll^A N T i '^ l ,9 a r it ai of the Company i Loo,ooo, divided into 12,000 Shares at 1.2 1C each. iHE success which has attended the a blishment of the Mosgiel Woollen I tovy under the provisions of the Joint St. Companies Act, and the greater facilities i extent to winch such undei takings can be c ducted by a Company as compared with a i vate individual, has led to the project of formation of a Company, with a view to purchase of the Tokomairiro Pottery Wot now owned by Mr W. M. White, and condv mg the manufacture of Pottery and Earth ware upon a scale somewhat commensiu with the large market presented in New Zeal: and the other Australian Colonies, this be the only Pottery Work established in Southern Hemisphere. The picsont works were commenced by W. M. Vv lute about a year ago, since wb time he has disposed of over 1.3,000 wortl Salt Glaze Pipes alone, the market for wb is steadily on the increase, and beyond the i sent_ powers of the establishing Dunng this period 3\Xr hr-s also devo a considerable portion of his time and att non to the preparation of the necessary bu mgs and plant for the manufacture of classes of Staffordshire Pottery Ware ui the most approved principles and latest provements m machinery used in Staffoidsh and recognised as the best and most economi m the world Ihe property is situated in centre of Milton.

Mr W. M, White has now ready for market supplies of saleable articles for general and domestic purposes. The present time is theiefore, 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 m tins and the adjoining Colonies. An estimate of the nature and extent of the availabie market may be arrived at from the fact that the value of such imports into New Zealand alone for the year ending December last amounted to L 70,000, of which Ota<m alone imported L 22.000 worth of potteryware ~ Promoters have evciy 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 lar"e margin of profit to the Company, who have secured the services, as manager, of Mr Chetham, for thirty years proprietor of one of the J“3p 8 . t f“Sjwh Potteries, and practically acquamted with the various processes adopted in every branch of the trade. The service! of the present staff—of over thirty thoroughly experienced hands—brought from the Staffordshire Potteries direct, and now engaged upon the works, have also been obtained. projectors have agreed with Mr W. M. . , l . lte t( £ toj ce ov , er the Freehold Property, consisting of T hreo 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 T7nno ftt - a i V r liatl * l i 1 es^ mateJ >xt > 01 ’ about, L 7,000 including the General Government bonus of LdOO. The amount of goodwill esti- ™ -’t L2W, Mr White hj». ."solved to vest in the Company in paid-up shares to that amount, so confident is he in the bona tides i ‘ the undertaking in the hands of a public Con lir 11 w, u i Projectors have also secured fro: Mr White his right obtained from the Gener; Government to remove clay from the lands n< joining the line of railway between Tokomairii <ind the elutba, which clay is allowed, by con potent judges, to be equal to any found i Bnghuut tor manufacturing puriioses T1 Government are now forming a siding to the; clay pits, which are inexhaustible. The pn jectod branch line to the Tokomairiro coal ficb has also been surveyed to pass in front of tl premises, so that the works will be in raihva ooinnuuiicatiou with he raw material, within limited and cheap coal supplies, and with a poi of shipment; as also with the metropolis an tlie larger townships of the Province likely t poort markets for supplies. Ihe projectors appeal for support with ever Hi" 0 to fHi° 'Tokomairiro an the settlers of the County of Bmce aeneralh as the cHtar.lislimcnt of this industry has alread teiulwl greatly to develop the resources of tli district in opening up clay ami coal mines, cn ploying a arge amount of outside labor in mc curing and carting timber, coal, and clay sni pics ; while the recent unexampled prosporit of the township of Milton has been greatly ad vanned by the presence in its midst of the lar>' number of employes—men, women, and cliil .Iren-engaged upon the works, and wliicl would be greatly increase.l by a larger pioprh buy possessed of increased capital to curry o, the^ works to every advantage, J i lie promoters also confi.icntly briim tb eiucrpiise under the notice of’the genera puimc of Uf.igo, as it is a well-known fact tha nothing so umds to advance the prosperity of j emuntry as the establisbnieiit of local Industrie ivitiiiu its borders, thus preventing the expor of eiq.ital from the Colony for supping of every day requirements. A part from these conside rations the enterprise of itself promises to hj an amply remunerative and successful one. Tin projectors, having given the matter in all it aspects every consideration, have great plea amlVr 1 ’ a ? f mS -n‘G c °mpany in the market .S'' 6 r? 1 P ’° Ve , in evei ’T w ay wortlp Jt lubhc confidence and co-operative support Tmmsof application maybe obtained fron w. MiltoD; ot Mr M GEOHGE CAPSTICK, Interim Secretary.