Page 4 Advertisements Column 5

Evening Star, Issue 3808, 8 May 1875, Page 4

PROSPECTUS. PROSPECTUS OE THE ROYAL ZEALAND POTTERY COMi.I PANY (LIMITED). Registered under the Joint Stock Companies Act, 1860, Capital £30,000 Ih 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 6s on 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 j W. A. MURRAY, M.H.R., Glenoro CLARKE, M.P.cl., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M'LAREN, Stock-dealer GEORGE OOOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MAOKAY, Publisher R. W. CAPSTICK, Auctioneer J. M. WATSON, Contractor Henderson, and Co. JOHN A. DuTHIE, of Capstick, Duthie, and Co. GEOR E WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant a HLANE, 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 name of the Company is the Now Zea land 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, Fainted, 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. t .^ e Liabilities of the Shareholders are Limited. The Nominal Capital of the Company L 30.000, divided into 12,000 Shares at L2 each. is 10s

nnHE success which has attended the estaX bliahment of the Mosgiel Woollen Fac tory under the provisions of the Joint Stock Companies Act, and the greater f .cilities and extent to which such undertakings 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 ot Pottery and Earthenware .v U P on a soale somewhat commensurate with the large market presented in New Zealand and the other Australian Colonies, this being the only Pottery Work established in the Southern Hemisphere. _ Tk* P re3 , e . nfc works were commenced by Mr W. M. White about a year ago, since which time he has disposed of oyer L 3,000 worth of Salt Glaze Pipes alone, the market for which is steadily on the increase, and beyond the pre--Bent_ producing powers of the establishment. During this period Mr White has also devoted a considerable portion 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 most approved principles and latest improvements in machinery used in Staffoulshire, 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 and extent of the available market may be arrived at from the fact that tne value of suph 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 potterywaro, The .F° moter 8 have every confidence that they will be enabled to supply the whole Colonial market with any article in pottery ware, 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 acquamted 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, 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 -new to their future development), and the largo and substantial buildings, with plant and T? C on’n at - a ™l uati °n estimated at, or about, L 7,000, Including the General Government bonus of L3OO. The amount of goodwill, estimated at L2jooo, Mr White has resolved to nveafc in the Company in paid-up shares to that amount, so confident is he in the bona ides of the undertaking in the hands of a public ComL an L The projectors have also seemed from Mr White his right obtained from the General Government to remove clay from the lands adJ 01 ™ u £ of ™ lwa y between Tokomairiro and the Clntha, which clay is allowed, by compatent 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 line 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 form good markets for supphes. The projectors appeal for support with evei confidence to the residmts of Tokomairiro at too settlers of tji.e County of Bruce general!' as the establishment of this industry hasalreac tended greatly to develop tlie resources of tl district in opening up clay and coal mines, en ploying a large amount of outside labor in pr. curing and carting timber, coal, and clay sui plies ; while the recent unexampled prosperit of the township of Milton has been greatly su vanced by the presence in its midst of the lari number of employes—men, women, and chi dreo—engaged upon the works, and whic would be greatly increased by a larger propri tary possessed of increased capital to carry o the works to every advantage. The promoters also confidently bring tl enterprise under the notice of the genen public of Otago, as it is a well-known fact ths nothing so tends to advance the prosperity of co as the establishment of localindustrit within its borders, thus preventing the expoi of from the Colony for supplies of everj day requirements. Apart from these considi rations, the enterprise of itself promises to b an amply remunerative and successful one. Th projectors, having given the matter in all il aspects every consideration, have great pies Bure in placing the Company in the market and believe it will prove in every way worth Of public confidence and co-operative support Tormsof application maybe obtained trot Mr G. Gapstick, Broker, Milton jor MrW W, Hawkins, Dunedin., GEORGE jOAPSXiCK, le'OfetarJ