Page 4 Advertisements Column 1

Evening Star, Issue 3828, 1 June 1875, Page 4

PROSPECTUS. N PROSPECTUS OE THE ROYAL EW 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 shares 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 5a per share, payable at intervals of not less than three months between each call. Provisional Directors : W. A. MURRA i r , M. H. 8., 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 MACKAY, Publisher R. W. CAPSTICK, Auctioneer J. M. WATSON, Contractor W. L. PHILP, of Philp, Henderson, and Co. JOHN A. DUTHIE, of Capstick, Duthie, and Co. GEOR * E WILSON, Timber Merchant JAMES EINCH, Farmer J. L. SOUTTER, 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 Zealand 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 lished 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, Eire 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 est blishment of the Mosgiel Woollen Fatofy under the provisions of the Joint Stoc Companies Act, and the greater facilities an extent to which such uudei takings can be coi ducted by a Company as compared with a pr Vate individual, has led to the project of tl formation of a Company, with a view to tl purchase of the Tokomairiro Pottery Work how owned by Mr W. M. White, and conduc ing the manufacture of Pottery and Earthei Vfare upon a scale somewhat commensural with the large market presented in NewZealac and the other Australian Colonies, this heir the only Pottery Work established in tl Southern Hemisphere. The present works were commenced bylM W. M. White about a year ago, since whic time he has disposed of over L.3,000 worth < Salt Glaze Pipes alone, the market for whic is steadily on the increase, and beyond the pn sent producing powers of the establishmen During this period Mr White bus also devote a^ considerable portion of his time and attei tion to the preparation of the necessary bulk ings and plant for the manufacture of a classes of Staffordshire Pottery Ware upo the most approved principles and latest in provementsin machinery used in Staffoidshin Qiiia recognised the best and most economic* in the world. The property is situated in th centre of Milton Mr W. M. White has now ready for mark? large supplies of saleable articles for gener; and domestic purposes. The present time hj therefore, considered by the projectors of thi Company the most favorable opportunity fc entering upon the possession of the works, an pushing the manufacture and sale of Potterj ware in this and the adjoining Colonies. A estimate of the nature and extent of the aval able market may be arrived at from the fat that the value of such imports into New Zez land alone for the year ending December las amounted to L 70,000, of which Otao-o alone in ported L 22,000 worth of potteryware. The promoters have eveiy confidence tha they will be enabled to supply the whole Colt nial market with any article in potteryware, a a figure sufficiently low to compete successful! with the Home article, while securing a lar cr 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 i: 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 sisdug of Three Acres of Land surrounding th present centrally situated Works (secured wit] a Tiew 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 Governmen bonus of L3OO. The amount of goodwill esti mated at L 2,000, Mr White has resolved to vest in the Company in paid-up shares to 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 fron Mr White his right obtained from the Geneva Government to remove clay from the lands ad joining the line of railway between Tokomairir and the L lutha, which clay is allowed, by com petent judges, to be equal to any found hj England for manufacturing purposes. Th Government are now forming a siding to thes clay pits, which are inexhaustible. The pro Jected branch line to the Tokomairiro coal field has also been surveyed to pass in front of th premises, so that the works will be in railway communication with he raw material, with uti limited and cheap coal supplies, and with a nor of shipment; as also with the metropolis am the larger townships of the Province likely t form good markets for supphes. J The projectors appeal for support with ever confidence to the residents of Tokomairiro am 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 carting 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 works, and whic] would be greatly increased by a larger proprie tary possessed of increased capital to carry oi the works to every advantage. The promoters also confidently bring th enterprise under the notice of the genera 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 expor of capital from the Colony for supplks of every day requirements. Apart from these considc rations, the enterprise of itself promises to b an amply remunerative and successful one. Th projectors, having given the matter in all if aspects every consideration, have great pies sure in placing the Company in the market * t u- eve udll prove in every way worth of public confidence and co-operative support application maybe obtained froi Mr G. Capstick, Broker, Milton; or Mr M W> Hawkins, Dunedin. GEORGE CAPSTIQK, Interim Secretary