Page 4 Advertisements Column 1

Evening Star, Issue 3838, 12 June 1875, Page 4

PROSPECTUS. PROSPECTUS OF THE ROYAL “VTEW ZEALAND POTTERY COMJ3I PANY (LIMITED). Registered tinder the Joint Stock Companies ' Act, 1860, Capital 1 £30,000 , Ih 12,000 Shares of L2 10s each, of which 800 shares are already paid up, representing • portions of the present capital of the Company. Fire shillings per share to be paid on application, and 5a on 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.C., Tokomairiro JAMES GOODALL, Mayor of Milton ANDREW MCLAREN, Stock-dealer GEORGE COOIMBB, Settler JAMES ELDER BROWN, Settler JOSEPH MACKAY, Publisher , R. W. OAPSTICK, Auctioneer J. M. WATSON, Contractor PHILP, of Philp, Henderson, and Co. JOHN A. DUTHIE, of Capstick, Duthie, ~ and Co. GEOR *» E WILSON, Timber Merchant JAMES FINCH, Farmer J, L. SOUTTER, Merchant JOHN M‘FARLANE, Farmer, Wangaloa THjQMAS MURRAY, Farmer, Glenore 1 With power to add to their number. Baitsbbs * NATIONA 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 ZeaIqpd 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 tod selling all kinds of Stone, China, Printed, Painted, and Enamel EarHcnware ; also, every description^of_Salt Glaze Stone Pipes, Chimney Tops. Sewer Pans, Five Bricks, Tesaelated 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 arc Limited. The Nominal Capital of the Company is into 12,000 Shares at L2 10s toon;- ' ", THE success which has attended the esta blishment of the Mosgiel Woollen Fac tory under the provisions of the Joint Stock Companies Act, and the greater f icilities and extent to which such undei takings can be conducted by a Company as compared with a private 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 conducting '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 present 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 h-s also devoted 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 Staffoidshire, tod recognised as the best and most economical in the world. The property is situated in the Centre of Milton Hr W. M, White has now ready for mark' large ..supplies, of . saleable articles for gener tod domestic purposes. The present time i therefore, considered by the projectors of tli Company the most favorable opportunity f( entering upon the posaession of the works, ar pushing the manufacture and sale of Potter ware in this and the’ adjoining Colonies. A estimate of the nature and extent of the avai able market may he arrived at from the fa that the value of such imports into New Ze l&nd alone for the year ending December la amounted to L 70.000, of which Otago alone in ported L 22.000 worth STpbtteryware. have evei y confidence thi they will Re enabled to supply the whole Col mal market with any. article in pottery ware, t sufficiently low to compete successful] with the Home article, while securing a law margin of; profit to the Company, who hai secured the services, as manager, of Mr Che TRAiutod with the, various processes adopted evsry branch of the trade. The services of t present staff—of over thirty thoroughly expe toped' hands—brought from the Staffordshi Potteries direct, and now engaged upon t works, have also been obtained. The projectors/bave agreed with Mr W, 1 Whitp to takeover the Freehold, Property, cr of Three Acres of Land surrounding t present centrally situated Works (secured wi a •Hew to their future development), and t largo and substantial buildings, with plant ai stock, at a 1 valuation estimated at, or aboi L7,s)o, including the. General Govemme of L3OO. The amount of goodwill es at L2,'000, Mr .White has'resolved to Yeat in.the Company in paid-up' shares to amount, Bo confident is he in the lona tides fine-tinderf airing nr the hands of a public Coi PfPy- The projectors have also seemed fre Mr White his right obtained from the Genei Government fib remove clay from the lands a joining the linepf, rail way between Tokomairi tod the Clutha, which clay is allowed, by coi petent judges, to be equal to any found England for manufacturing purposes. T Government are now forming a siding to the Clay pits, which are inexhaustible. The pi jected branch line to the'Tokomairiro coal fiel has also been surveyed to pass in front of t SO,that the works will he in rail w, Communication with he raw material, with u limited and cheap coal supplies, and with a pc of khipment f as also with the metropolis ai the larger townships of the Province likely form good markets for supphes. appeal for * support with eve cbnfia<mtte to the residents of Tokomairiro ai the settlers of the County of Bruce fzencral] as the establishment of this industry has ah ea tended greatly to develop the resources of t district in opening up clay and coal mines, e; Pl°jd»g a large amount of outside labor in pi cunngand carting timber, coal, 'and clay su «!§?» tL&recent ; unexampled prosper! of Milten has been greatly a vaneeq py the presence in its midst of the lar number of employes—men, women, and eh dr en r -engagedup°n the works, and whi would be greatly increased by a larger propr itoxy possessed of increased capital to carry the works to every advantage. - The- promoters also confidently bring t enterprise under the, notice of the genei public of Otago, as it is a well-known fact th so^t ends to advance the prosperity a of local indnstr !witinn;its oordbre, thus preventing theexix k*capital|roin the Golony for supplies of evei day requirements. . Apart from these consic Ration*, thp enterprise of itself promises to 4n amply, remunerativeand successful one. T ■..BTOjectqrsa, having pvem the matter in all •£®P®!9$ 8 i uvery consideration, have great ph .the Company in the mark P rov ® Id every way worl Orjpnblic confidence and cb-qperativa stxppo Forms of application tfifty bCobtaifietfftt 'V&smj^*****-w GEORGE G&PSTJCK, ' rtaterim BMmt