Page 4 Advertisements Column 4

Evening Star, Issue 3814, 15 May 1875, Page 4

PROSPECTUS. PROSPECTUS OF THE ROYAL 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 Com- ■ _ pany. 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 allotment, and no further call to exceed 5s per share, payable at intervals of not less than three months between each call. Bankers * NATIONAL BANK OF NEW ZEALAND. DONALD REID, ESQ. Manager : MR JOHN OHETHAM. Agent for Dunedin : M. W. HAWKINS. The name of the Company is the New 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 estab hshed are for the purposes of manufacturing and selling all kinds of St-one, China, Printed. Painted, 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. The Liabilities of the Shareholders are Limited. ■\TEW ZEALAND POTTERY COMPANY (LIMITED). Provisional Directors ; WA. MURRAY, M.H.R., Glenore HENRY CLARKE, M.P.C., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M ‘LAREN, Stock-dealer GEORGE COOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACK AT, Publisher R. W. CAPSTTOK, Auctioneer J. M, WATSON, Contractor PHILP, of Philp, Henderson, and Cq. JOHN A. DUTHIE,of Oapstick, Duthie, and Co. E WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant M *FARL AN E,Farmer, Wangaloa THOMAS MURRAY,Farmer, Glenore With power to add to their number. Solicitor :

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 estahiishment of the Mosgiel Woollen Fac toiy under the provisions of the Joint Stock Companies Act, and the greater facilities and extent to which such undei takings can be conducted by a Company as compared with a pri vate 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 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 Southern Hemisphere. The piesent 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 Salt 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 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 Stafford shire, and rrcognised 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 laige 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 the 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 every 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 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 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, consisciug of Three Acres of Land surrounding the present centrally situated Works (secured with a T iew to their future development), and the large and substantial buildings, with plant and a valuation estimated at, or about, L 7,000, 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 Holes of the undertaking in the hands of a public Com-bjny-The 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 Clutha, 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 projected branch line to the Tokomairiro coal field" 1 has also been surveyed to pass in front of tl premises, so that the works will be in railws communication with he raw material, with u: limited and cheap coal supplies, and with a po: of shipment j as also witn the metropolis ar the larger townships of the Province likely 1 form good markets for supphes. The projectors appeal for support with evei confidence to the residents of Tokomairiro an the settlers of the County of Bruce eenoralh as the establishment of this industry has alread tended greatly to develop the resources of th district in opening up clay and coal mines, en ploying n large amount of outside labor iu pr< curing and carting timber, coal, and clay sut plies ; while the recent unexampled prosperit of the township of Milton has been greatly ac vanced by the presence in its midst of the lara number of employes—men, women, and ohii dren--engaged upon the works, and whic would be greatly increased by a larger nroprh tary possessed of increased capital to carry o the works to every advantage. The promoters also confidently bring th enterprise under the notice of the generr public of Otago, as it is a well-known fact tha nothing so tends to advance the prosperity of country as the establishment of local Industrie within its borders, thus preventing the expoi of capital from tho Colony for supplies of even clay i equireinents. Apart from these couside lations, the enterprise of itself promises to hj an amply remunerative and successful one. Th projectors, having given the matter in all il aspects every consideration, have great pier sure m placing the Company in the market and believe it will prove in every way worth of public confidence and co-operative support bonus of application maybe obtained froi Mr G. Capstick, Broker, Milton; or Mr LJ W, Hawkins, Dunedin. GEORGE CAPSTICK, Interim SecteWj