Page 4 Advertisements Column 1

Evening Star, Issue 3841, 16 June 1875, Page 4

PROSPECTUS. PROSPECTUS OF THE ROYAL XTEW ZEALAND POTTERY COMJ3( PANY (LIMITED). Registered under, the Joint Slock Companies ‘ Act, 1860, Capital ... £30,000 la 12,000 Shares of L2 10s each, of which 800 snares are already paid up, representing i portions of the present capital of the Company. Pits 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 eall to exceed 5s per share, payable at intervals of not less than three months between each call. Provisional Directors : W. A. MURE.AY; M.H. R., Glenore TSNRY CLARKE, M.P.C., Tokomairiro IMES GOODALL, Mayor of Milton ' jREW M “DAREN, Stock-dealer __JRGE COOMBE. Settler JAMES ELDER BROWN, Settler JOSEPH MACK AY J- Publisher R. W. CAPSTICK, Auctioneer J. -M, WATSON, Contractor W. L. PHILP, of Philp, Henderson, and Co. JOHN A. DuTHIEj of Capstick, Duthie, and Co. GROR ■ E WILSON, Timber Merchant JAMES FINCH, Farmer J, L. 80UTTER, Mercliant JOHN M'FARLANE, Farmer Wangaloa THOMAS MURRAY, Farmer, Glenore With power to add to their number. Bankers: NATIONA BANK OF NEW ZEALAND. • - - Solicitor : IDONALD REID, ESQ. Manager: MR JOHN CHATHAM. Agent for Dunedin ; M. W. HAWKINS, The name of the Company is the Now 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 fished are for the purposes of manufacturing and selling alt kinds of Stone, 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 L30,000,J divided into 12,000 Shares at L2 10s each. 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 facilities 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 hrge 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 Balt'Glaze Pipes alone, the market for which is steadily on the increase, and beyond the present producing powers of the establishment. Daring this period Mr White hrs also devoted a considerable porti n 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 Staffordshire, and recognised 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 large 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 (Jolonies. An estimate of the nature and extent of the available market may be arrived at from the fact that the value cf 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 pottery ware. The promoters have eveiy confidence that thw will be enabled to supply the whole Colonial market wnh any article in potteryware, at affigore sufficiently low to compete success!nlly With the Home article, while securing a large iqargin 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 oyer 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 (seemed with a ’new to their future development), and the largo and substantial buildings, with plant and a , Vf i! uation estimated at, or about. L 7,000, including the General Governmen bdnns of L3OO. The amount of goodwill estimated at L 2,000, Mr White has resolved to vest in the Company in paid-up shares to at amount, so confident is he in the bona tides o the undertaking in the hands of a public Com S*V. . The projectors have also seemed fre r White his right obtained from the Genei . i i 1 * ' V -VAltl VT Ctij I"V v,' potent judges, to be equal to any found England for manufacturing purposes. 'J Government are now forming a siding to th •lay pits, which are inexhaustible. The p jected branch line to the Tokomairiro coal fie has also been surveyed to pass in front of i premises, so that the works will be in railu communication with he jaw material, with i limited and cheap coal supplies, aud with a p ©f shipment; as also with the metropolis a the larger townships of the Province likely form good markets for supp'ies. The projectors appeal for support with e\( confidence to the residents of Tokomairiro a the settlers of the County of Bruce general as the establishment of this industry has aim tended greatly to develop the resources of i district in opening up clay and coal mines, c ploying adarge amount of outside labor in p curing and carting timber, coal, and clay si plies; while the recent unexampled prosper of the township of Milton has been greatly vanced by the presence in its midst of the la number of employes—men, women, and d dreX^Tt ngagefl upon the works, and wh would he greatly increased by a larger prop] *ary_ possessed of increased capital to carry the works to every advantage. ~ ' The promoters also confidently bring ■ enterprise under the notice of the gene Public of Otago, as it is a well-knownJaot t] nothing so tends to advance the prosperity c country as th« establishment of local industi within its borders, thus planting the exp of CapitaHrom the Colony for supplhsof eve day requirements. - Apart from those cousi rations/ the enterpriae of itself promises to an amply remunerative and successful onfe, 'J projectors, having given othe matter brail aspects every dongideration, have great pi Sure in piaiping the Oomi)£tnydnvthejmark t nu Pehcve it will prove in- every way wort of public cqnfi<fende_ and co-operative sunpo *» upplieatiofi wav be olrtaiiied fn Mr G. Uapstick, ■ Brokgr, Milton: or Mr] y/ ,Bawhms, Dunedin, a . „ GEORGE CAPSTICK, Interim Secretw