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; FED*’PECTUS. PROSPECTUS OF THE ROYAL - “VfEW ZEALAND POTTERY COMi3l ■ PANY (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 Coca-' .C Five sfemings per share to he 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 p£r share, payable at intervals of not less than three months between each call. Provisional Directors : ’ ■ . "JV. A. MURRAY, Glenore HENRY CLARKE, M.P.C., Tokomairiro JAMES GOOD ALT/, Mayor of Milton ANDREW M*LAREN, Stock dealer GEORGE GOOM BE. Settler : ff JAMES ELDER BROWN, Settler JOSEPH M ACK AY, Publisher R. W. CAPSTTCK, auctioneer ! J.’M.'WATSON, Contractor W. L. PHILP, of Philp, Henderson, and Co. JOHN A. Du TRUE, of Capstick, Duthie, * and Co. GISOR * K WILSON, Timber Merchant JAMES FINCH, .Parmer t J, L. s GUTTER, Merchant , * ... JOHN M‘FARLANE, Farmer Wangaloa THOMAS MURRAY, Farmer, Glenore ' "With power to add to their number. w* . / i' Bakkebs * NATIONAL BANK OF NEW ZEALAND., -I’ ' ■ Solicitor : ,■- - , DONALD REID, ESQ. r Manager: > MR JOHN CHETHAM. f t ■" 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 1 ‘ be established in the township of Milton, in '■ • the Province of Otago. ’ i ! v r The objects for which the Company is estai- •' lished are for the purposes of maim facto ri rig • " and selling all kinds of China, Printed, * ,k Pointed, and Enamel Earthenware ; also, every description of Salt Glaze Stone Pipes, Chimney Tops Sewer Pans, Fire Pricks, 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 ale Limited. The Nominal Capital, of the Company iis L 30.000, divided into 12,000 Shares at L2 10s .-leach. ! ; ; ; : rrtHE success which has . attended. the esta X “ blishment of the Mpsgiel Woollen Fric „ tory under the provisions of the Joint Stock • Cdmfpahies Act, abd’the greater facilities aid fextent to which such tuidei takings can be conducted by a Company as compared with a ptivate individual, has led to the project of t(ie formation of a' Company, with a, view to the r..purphase,of the Tokomairiro Pottery Works ‘ how owned WMr W M. .White, aiid conducting the manufacture of Pottery and Earfhebware upon a scale somewhat commensurate __ with the large market presented in New Zealand , . andlhe'bther Australian Colonies, this beiig the only Pottery Work established in tie y. . Southern Hemisphere. J i<». The. present works were commenced by Mr W. M. White about a year ago, since whifh time, he has disposed of over L 3,000 worth pf V. Salt, Glaze Pipes alone, the market for whi*h A,, is steadily on the increase, and beyond the prer cent producing powers of the establishment. During this period Mr White hr s also devoted - considerable porti nof his time and attention to the preparation of the necessary buildings and plant for the manufacture of. {|ll classes of Staffordshire Pottery Ware upQti the most appnmd principles and latest improvements in machinery used in Staffordshire, and recognised as the best and most economical in the wqrld. The property js situated in the centra of Milton , Mr W. M. White lias now ready for market large supplies of saleable articles for general and domestic purposes. '1 he present time fe, therefore, considered by the projectors of this . Cong any the most favorable opportunity ffcr 'entering upon the possession of the works, and j O ., pushing the manufacture and sale of Potterjr:ii - waW in this and the adjoining Colonies. An . r , estimate of the nature and extent of the avajl- - able market . may be arrived at from the faJbt that the value of such imports into N T ew Zakland alone' for the year ending December lit to L 70,000, of which (_>tago alone ifir--parted L 22,000 worthi’of...pottery ware. ; The promoters have jev.eiy confidence thkt : they will be enabled .to supply the whole Cofo- . ■ nial market with any article up pottery ware, lit a figure sufficiently low to compete successfully Hl with the. Home article, while semiring a large *■'- margin of profit to the Company, who have secured the services, as manager, of Mr ;Chdtham, for thirty years proprietor of one of tie largest English Potteries, and practically, {acquainted with the various processes adopted In every blanch .of tfie trade. The' services of tfe .'present staff—of over thirty thoroughly expeii- - enced hands—brought from the Staffordshire Potteries direct, and now engaged upon tie works, have also been obtained. T The projectors have agreed with .Mr W. M. White to take oyer the Freehold Property, cotTsisciug of Three Acres of Land surrounding tie present centrally situated Works (secured with -,“'a uer to their future' development), and the large and substantial buildings, with plant aftl r. : stock, at a valuation estimated at, or abodt, L7,000 a including, the General Governnieti bonus of L 300.. The amount of goodwill, estimated at L 2,000, Mr White has resolved to * - vest in .the Company in paid-up Shares to . kt amount, so confident is he in the6ona tides p th«: undertaking in the hands of a public. Com pany. The projectors have also secured fi dm Mr White his right obtained from the Genera „ - Government to remove day from the lands';Jdjoining the line of railway between Tokomairiyo and the Clutha, which clay is allowed, by cumpetent judges, to be equal to any found in n;: England for manufacturing purposes. The Government are now forming a siding to these clay pits, which are inexhaustible. The pro\2 iected branch line to the Tokomairiro coalfields has'also been surveyed to pass in front of the premises, sothat the works will be in railway communication with he raw material, with unlimited 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 supp’ies. The projectors appeal for support with evdry confidence to the residents of Tokomairiro anil ,:the settlers of the County of Bruce generally, as the establishment of this industry has already . > tended greatly to develop the resomcesof the - district in opening up clay and coal mines, employing a large amount Of outside labor in pro- . f -flunug and eartiiig timber, coal, and clay supplieswhile the recent unexampled prosperity .! of the township of Milton has been greatly adby the presence in its midst of the large ‘-v* impxher of ehiployfe—men, women, and uhilf. jlren—engaged upon- the, Works, and which -i£ be greatly increased by a lahggr proprieOxl tary 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 as if is a well-known fact that nothing so tends to advance the prosperity of a the establishment of local industries - ■ -mthin-its-borders, ;thuS preventing the esjwrt of capita^fropa the Colony for supplh s of everyday requirements. A part from these conside-i.-'d tbe ; enterprise of itself promises tb.be ~;c p-an amply remunerative and successful onA 'J’he Is, having given the matter imall its .j- aspects' every corisider-rttion, have great pleasure in placing the Company in the market _ . and believe it will prove ifi every way worthy „ : of buhlic confidence support. *• J t sjForms of application may be obtained from * y ' Capstick, Broker,. Milton :orMr M. W,"HftWkitis; Dunedin. .il.,', ' georgb capstick, - J,/fatflrtw Secretary’ r.; i j

Permanent link to this item
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https://paperspast.natlib.govt.nz/newspapers/ESD18750607.2.25.1

Bibliographic details
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Evening Star, Issue 3833, 7 June 1875, Page 4

Word count
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1,269

Page 4 Advertisements Column 1 Evening Star, Issue 3833, 7 June 1875, Page 4

Page 4 Advertisements Column 1 Evening Star, Issue 3833, 7 June 1875, Page 4

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