Page 4 Advertisements Column 1

Evening Star, Issue 3827, 31 May 1875, Page 4

'" * PROSPECTUS OP THE ROYAL , . "VTEW ZEALAND POTTERY COMPANY (LIMITED). Registered under the Joint Stock Companies Act, 1860, , Capital £30,000 la 12,000 Shares of L2 10s each, of which 800 snares 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 allotment, and no further 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.G., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M'LAREN, Stock-dealer GEORGE COOMBE, Settler * JAMES ELDER BROWN, Settler : ' JOSEPH MACKAY, Publisher R W. CAPSTICK, Auctioneer J. M, WATSON, Contractor L. PHILP, pf Philp, Henderson, and Co. JOHN A. DuTHIE, of i Oapstick, Duthie, ..and Co. GEOR - -E WILSON, Timber Merchant JAMES FINCH, Farmer J. L. Merchant JOHN M‘FARLANE, 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 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 established are for the purposes of manufacturing and selling all kinds of S*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. 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 eat blishment of the Mosgiel Woollen Fai tory under the provisions of the Joint Stoc Companies Act, and the greater facilities an extent to which such undei takings can be cpi ducted by a Company as compared with a pr vate individual, has led to the project of th formation of a Company, with a view to tb purchase of the Tokomairiro Pottery Worki now owned by Mr W. M. White, and conduc iug the manufacture of Pottery and Earthei ware upon a scale somewhat cotnmensural with the large market presented in New Zealan and the -Other Australian Colonies, this beiu the only Pottery Work established in th Southern Hemisphere. The piesent works were commenced by M ML M. White about a year ago, since whic time he has disposed of over L 3,000 worth c Salt Glaze Pipes alone, the market for whic Is steadily on the increase, and beyond the pr< sent producing powers of the establishmeni During this period Mr White hrs also devote considerable porti n of his time and atter tion to the preparation of the necessary bulk nags and plant for the manufacture of a! classes of Staffordshire Pottery Ware upo the most approved principles and latest im provements in machinery used in Stafford shirt and recognised as the best and most economics in the world. The property is situated in th centre ef Milton. Mr W. M. White has now ready for marke large supplies of saleable articles for genera and domestic purposes. The present time is therefore, considered by the projectors of thi Company the most favorable opportunity fo entering upon the possession of the works, an pushing the manufacture and sale of Pottery ware in this and the adjoining Colonies. A: estimate of the nature and extent of the avail able market may be arrived at from the fac that the value of such imports into New Zea land alone for the year ending December las amounted to L 70.000, of which Otago alone im ported L 22.000 worth of potteryware. The promoters have eveiy confidence tha they will be enabled to supply the whole Colo nlal market with any article in potteryware, a a figure sufficiently low to compete successful! with the Home article, while securing a larg margin of profit to the Company, who hav secured the services, as manager, of Mr Chef ham, for thirty years proprietor of one of th largest English Potteries, and practically at quainted with the various processes adopted ii every branch of the trade. The ■ services of th present staff —of over thirty thoroughly experi enced hands—brought from the Staffordshir Potteries direct, and now engaged upon th works, have also been obtained. The projectors have agreed with Mr W. M White to take over the Freehold Property, con sisciug of Three Acres of Land surrounding th present centrally situated Works (secured witl a. -new to their future development), and th largo and substantial buildings, with plant am stock, at a valuation estimated at, or about L 7,000, including the General - Govemmen bonus of L3QO. The amount of goodwill esti mated at L 2,000, Mr White has resolved to n vest in.the Company in paid-up shares tot ha amount,' so confident is he in the bona tides o the undertaking in the hands of a public Com pany. The projectors have also seemed free Mr White his right obtained from the Genera Government to remove clay from the lands ad joining the line.of railway between Tokomairir and the Clutha, which clay is allowed, by com potent judges, to be Aqual to any found'ii England for manufacturing purposes. Th Government are now forming a siding-to thes clay pjts, which are inexhaustible. The pro {'ectei branch line to the Tokomairiro coal field ias also been surveyed to pass in front of th premises, so that the works will be in railwa communication with he raw material, with un limited and cheap coal supplies, and with a por of shipment; as also with the metropolis am the larger townships of the Province likely t form good markets for supp’ies. J The projectors appeal for support with ever confidence to the residents of Tokomairiro anl the settlers of the’ County of Bruce generally as the establishment of this industry has alread tended greatly to develop the resources of th district in opening up clay and coal mines, em ploying a large amount of outside labor in pre curing And cartipg timber, coal, and clay sur plies ; while the recent unexampled prosperit of the township of Milton has been greatly ad vanced by the presence in its midst of the larg number of employes—men, women, and chil dren—engaged upon the worlds,;, and whic would be greatly increased by a larger proprit tary possessed-of increased capital to carry o the works to every advantage. The promoters also confidently bring th enterpriser under the notice of the geners 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 withip-dts borders, thqs preventing .the expoi df,capital from the Colony for supplies of even dag requirements. Apart from these conside rations, the enterprise of itself promises to hj aq amply remunerative and successful one. Th projectors, having given the matter in all ii aspects every consideration, have great pies : & placing. the Company in the m&rkei snd believe it will prove in every way worjdi o£ public, confidence and co-operative supporl Editing of application maybe obtained firm Ifc G> . Broker, Milton ; or Mr'M flAwkins, Dunedin. ' ! L GEORGE OAPSO3CSK, .• lateria SfccwtarJ