Page 4 Advertisements Column 5

Evening Star, Issue 3813, 14 May 1875, Page 4

PROSPSOTHSf ' PROSPECTI/S OS' THE ROYAL; ATEW ZEALAND POTTERY COIV JJi • PANY (LIMITED). Registered under the Joint Stock Campanil Act,-1860, | , Capital ... ... ... £30,000 ; In 12,000 Shares of L2 10s each, of which* 8( shares are already paid up, represents portions of the present capital of the Con pany. . Five shillings per share to be paid on applic tion, and 5s on allotment. A call of 5s pi share to be made three months after alio ment, and no further call to exceed 6s pi share, payable at intervals of not less ths three months between each call. Provisional Directors : tT" MTJRRA iT, M.H.R., Glenore ARKR, M.P.G., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M'LAREN, Stock-dealer GEORGE GOOIUBE, Settler JAMES ELDER BROWN, Settler JOSEPH M A OK AY, Publisher R. W. CAPSTICK, Auctioneer J. M. WATSON, Contractor PHILP, of Philp, Henderson, and Co JOHN A. Du TRIE, of Capstick, Duthi and Cp. , • ? ON) Timber Merchant JAMES FINCH, Parmer J. L. Merchant JOHN M PARLAINE, Farmer Wangaloa THOMAS MURRAY, Farmer, Glenore With power to add to their number. IB ankers * NATIONAL BANK OF NEW ZEALANI Solicitor : . DONALD REID, ESQ. Manager: MR JOHN CHETHAM. Agent for’ Dunedin : M. W. HAWKINS, The name of the Company is the New Ze; land Royal Pottery Company. The Registered Office of the Company is f be established in the township of Milton i the Province of Otago. ’ The objects for which the Company is estal lished are for the purposes of manufacturin and selling all kinds of China, Printer Painted, and Enamel Earthenware ; also ever description of Salt Glaze Stone Pipes, Chin ney Tops. Sewer Pans, Five Bricks, Tesselate Pavements, and Telegraph Insulators, and t do all things the Company, from time to tinu consider to be incidental or conducive to tl attainment of its objects, or otherwise for ii benefit. The Liabilities of the Shareholders ai Limited. , t Capital of the Company L 30.000, divided into 12,000 Shares at L 21( THE success which has attended the, esti blishiiient of the Mosgiel Woollen Fa tory under the provisions of the Joint Stoc Companies Act, and the greatel- facilities ar extent to which such undei takings can be coi ducted by a Company as compared with a pi vate individual, has led to the project fif tl formation ;of a Company, with a view to tl purchase of the Tokomairiro Pottery Work now owned by Mr W. M. White, and coriduc ,iug the manufacture of Pottery and Earthe; ware upon a scale somewhat commensura with the large market presented.in New Zaalar and the other Australian Colonies, this ,beir the only Pottery Work established it tl Southern Hemisphere. The present works were commenced by IV W. M. White about a year ago, since whi< time 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 pr sent producing powers of the establishmen During this period Mr White has also devot< a considerable portion of his time and attei tion to the preparation of the necessary buili mgs and plant for the manufacture of a classes of Staffordshire Pottery Ware upc the most approved principles and latest in provements in machinery used m Staffoidshir and recognised as the best and most economic m the world. The property is situated in tl centre of Milton.

Mr W. M. White has liow ready for nlarket large supplies of saleable articles for general and. domestic purposes. The present time is therefore, considered by the projectors of this Company the must 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 maybe 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 winch Otago alone im--1.22,000 worth of potteryware, ! The promoters 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, whilesecuring a large margin of profit to the Company, who have secured the services, as manager, of Mr Chetham, for thirty years proprietor of one io! the largest English Potteries, and practically acqualnted with the various processes adopted in every branch of the trade. The services of the preselit staff—of over thirty thoroughly experienced hands-brought from the Staffordshire irotten'es 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 Dand surrounding the present centrally situated Works (secured with a ’new to their future development),, and the largo and substantial buildings, with plant and stock, at a r valuation estimated at, or about including, the General-- Government bonus of L3OO, The amount of goodwill, estimated at L 2,000, 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 Com - projectors have also seemed from Mr White his right obtained from the General Government to remove clay from the lands adjoining the line of railway between Tokomairiro and the Glutba, which clay is allowed, by competent judges, to be equal to any found in hmgland for manufacturing purposes. The Government are now forming a siding to these day pits, which, **re inexhaustible. The proiected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will he in railway communication with he raw material, with unhmited 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 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 has already tended greatly to develop the resources of the district m opening up clay and coal mines, employing a large amount of outside labor in procuring and carting timber, coal, and clay suppues ; while the recent unexampled prosperity of the township of Milton has been greatly act vanced by the presence in its midst of the large number of employes—men, women, and" chib dren-engaged upon the works, and which would be greatly increased by a larger proprietary possessed, of increased capital to carry or the works to every advantage. .The promoters also confidently brino- 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 country as the_ establishment of local industries c borders, thus preventing the export of capita^from the Colony for supplies of everyday i eqmrements. 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 pleaBU1 ?i 1 v P la F in o .^ ie Company in the market, and believe it will prove in every way worthj of public confidence and co-operative support. lormsof application maybe obtained from Mr G. Capstick, Broker, Milton; or Mr M. W. Hawkins, Dunedin. GEORGE GAPSTIQK,