Page 4 Advertisements Column 5

Evening Star, Issue 3812, 13 May 1875, Page 4

PROSPECTUS OF THE ROYAL ■\TEW ZEALAND POTTERY COMJ3i PANY (LIMITED). Registered tinder 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 ox the Company. Five shillings per share to be paid on application, and 5s ou allotment A call of 5s per shareJko he made three months after allotment, and' no furthe'r 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 HENRY CLARKE, M.p.C., Tokomairiro JAMES GOOD ALL* Mayor of Milton ANDREW M‘LAREN, Stock-dealer GEORGE CGOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACKAY. Pqblisher R. W. CAPSTICK, Auctioneer J. M. WATSON, Contractor ‘ ’ r . J d erson, and Co. JOHN A. DOTHIE, of Capstick, Duthie, ;■ and Co, 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. NATIONAL BANK OF NEW ZEALAND. Solicitor : Donald reid, esq. Manager : \ • MR JOHN CHETHAM. . | ' Agent for Dunedin: ' ! ■ m. w. Hawkins. • i i The name of y J he Cpippahyis the Npw Zea land Royal Pottery Company; o ' , : 1 he. Registered Office of the Company is ito be established in the township of Milton jin ths, Otagq. ' *1 The objects for which the Company is estab ÜBhedare for the purposes of manufacturing and selling all kinds of China/Printed, Fainted, and Enamel Earthenware ;- 'also, every description of Salt Glaze Stone Pipes, Chimney Tops. Sewer Pans, Fire Bricks, Tessfilated 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 , ■ The Liabilities of the Shareholders ire Limited. , The Nominal Capital of the Company L 30.000, divided into 12,000 Shares at L2 1 each.

THE success which. W attends? the establishment of the. -Mosgiel Woollen Fac toty under the provisions of the Joint Companies Act, the greater facilities and extent to which such undei takings can be conducted by a Cpmpany. 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, knd.conddctmg the manufacture of Potteiy and Earthtenupon a scale somewhat commensurate with the large market presented in New Zealand and the other Australian Colonies,-this bring the only Potteiy Work established in- the Southern Hemisphere. 1 The pi esent works were commenced by Mr W. M, White about a year ago, since which tame he has disposed of over L 3.000 worth of Salt daze 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 hrs also devoted 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 ip machinery used in Staffoidshire, 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 Com, any 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 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. The promoters have eveiy confidence that they will be enabled to supply the whole Colonial market wuh any article in potteryware, at a fipuresufficiently 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 r witn tpe 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, consmciug of Three Acres of Land surrounding the present centrally situated Works (secured with a •new to their future development), apd the largo and substantial buildings; with plant and stock, a *. * valuation estimated at, or about L 7.000 including the- General Government bonus, of The amount of goodwill, estimated at Mr White has resolved to nvest in 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 ComH'Projectors have also seemed from Mr White his right obtained from the General Government to remove clay from the lands adjoimng the line of railway between Tokomairiro and the (, lutha, which clay is allowed, by coniFn t ai n J b r.d ,U f ßeS ’ to eq " al to an y found in bmgland for manufacturing purposes. The Government are nqw- fqmung 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, so that the works will be in railway communication with -he raw material, withunlimited and cheap coal supplies, and with a port 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 every confidence to the fesidmts 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 distnet m opening up clay and coal mines, employing a large amount of "outside labor iri procuring and carting timber, coal, and clayisubphes ; 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 women, and chil-dren-engaged upon the works, and which would pe 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 a 8 f he establishment of .local industries within its borders, thus preventing- the export of Cftpital 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. ’J’he projectors, having given the matter in all its aspects every consideration, have great pleaBure in placing the Company in the market and believe it will prove in every way wbrthy of public confidence and co-operative support iir /TO* a PP licatio , n “ay he obtained)from w V? Capstlck, Broker, Milton j or Mr M. W, Hawkiufe, Dunedin. GEORGE CAPSTIO& x, : , UWm . *u» ..I ...