Page 4 Advertisements Column 5

Evening Star, Issue 3806, 6 May 1875, Page 4

-* t' f : -y, ” - PROSPECTUS. PROSPECTUS OF THE ROYAL., • VTEW ZEALAND POTTERY COM* ll ' ' PANY (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 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 allots ment, and no further call to exceed 5s pel share, payable at intervals. of. not less than three months between each ball, j Provisional Directors : 1 W. A. MURRAY, M.H.R., Glenore : ! LARKE, M. P.C., Tokortiairiro JAMES GOOD ALL, Mayor of Milton ANDREW'M‘LAREN,Stock : deaIer :ii GEORGE COOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACE AY, Publisher R. W. CAPSTIOK, Auctioneer J. M. WATSON, Contractor k. PHILP ,ofPhilp, Henderson, and Co.: JOHN A. DOTHIE, of Oapstick, Duthiel and Co. ’ GEORGE WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant JOHN M‘PARLANE, Farmer,' Wangaloa THOMAS -MURRAY, Farmer’, ! GleS 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 name of the 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 the Province of Otago. . The objects for which the Company is estab - lished are for the purposes of manufacturing and selling all kinds of China, Printed! Painted, and Enamel Earthenware ; also, every description of Salt r Gl«ze Stone Pipes, Chim;ney Tops. Sewer Pans, Firebricks, Tesselated Pavements, and Telegraph Insulators, and to do all things the 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 10s each. THE success which has attended the establishment of the Mosgiel Woollen Fac tory under the provisions of the Joint Stock Companies Act, and the greater facilities and extent to which such uudeitakings 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 Tokomainro Pottery Works now owned by Mr W. M. White, and conduct’ mg the manufacture of Pottery and Earthenware upon a scale somewhat commensurate with the large market presented in New Zealand and the other Australian Colonies, this being the only Pottery Work established in the bouehern Hemisphere. ■ The present works were commenced by Mr W. M. White about a year ago, since which time he has disposed of over L 3.000 worth of bait Glaze Pipes alone, the market for which is steadily on the increase, and beyond the present producing powers of the establishment! During this period Mr White has also devoted a considerable porti n of his time and attention to the preparation of the necessary buildings and plant for the manufacture of all classes of Staffordshire Pottery Ware upon the moat 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 pushing the manufacture and sale of Potteryware in this and the adjoining Colonies. An estimate of the nature ami extent of the available market may be arrived at from the fact that tne value cf such imports into New Zealand alone for the year ending December last amounted to L 70,000, of which Otago alone imported L 22.000 worth of potteryware. . promoters have eveiy confidence that they will be enabled to supply the whole Colonial market with any article in potteryware, at a 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 Chet- , am, 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 Potteries direct, and now engaged upon the works, nave also been obtained* The projectors have agreed with Mr W H ' White to take over the Freehold Property, consisting of Three Acres of Land surrounding the present centrally situated Works (secured with a new .to their future development), and the largo and substantial buildings, with plant and T t £nnA at - a . Vi ‘! uatlon estimated at, or about, 1-7,000, including the General Government bonus of L3OO. '1 he amount of goodwill, estimated at Mr White has resolved to nvest m the Company in paid-up shares to that amount, so confident is he in the bona tides of the undertaking in the hands of a public Com-. .Projectors have also seemed from Mr mite his right obtained from the General Government to remove clay from the lands adjoining the line of railway between Tokomairiro and the Uutha, 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 pro jected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, sothat the works will be in railway communication with he raw material, with unbmited and cheap coal supplies, and with a port of shipment; as also with the metropolis and the larger townships of the Province likely to form good markets for supp’ies. The projectors appeal for support with eveiy confidence to the residents of Tokomairiro and the settleis 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 large amount of outside labor in procuring and carting timber, coal, and clay snpphes ; while the recent unexampled prosperity of the township of Milton has been greatly advanced by the presence in its midst of the large number of employes—men, women, and children—engaged upon the works, and which would be greatly increased by a larger proprietary possessed of increased capital to carry on the works to every advantage. The 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 C 0 " I n . tr y i as I tlle l eßtilWisll “ent of local industries within its borders, thus preventing the export of capitaHrom the Colony for supplits 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 pleasure placing the Company in the market and beheve it will prove in eveiy way worthy of public confidence and co operative support application maybe obtained from Mr G. Capstick, Broker, Milton; or Mr M W. Hawkins, Dunedin. GEtfECE CAPSTICK, Interim Secretary