Page 4 Advertisements Column 1

Evening Star, Issue 3843, 18 June 1875, Page 4

PROSPECTUS. iU" ■ '.i 1 ' ■■■■ 1 1 ■— ntOBPEOTTja or the royal TpW; i ZEALAND ; POTTERY OOMJW PANY (LIMITED). • Registered index the Joint Stock Companies Act,lß6o, -. Capital ... ... £30,000 fa 12,000 ShareS of L2 10a each, of which 800 shares ate already paid up, representing jpextions of -the present capital of the Com* PjWshSißgs per share to be paid on application, and 6s ou allotment. A call of 9s per share to be made three months after allotand no farther call to exceed 6s per injure, payable at intervals of not less than three months between each oall.' Provisional Dirsotorb : JL MTTRKAY, M.TT.H., Glenore jJNRY CLARKE, M.PiO., Tokomairiro tME9 GOOD ALL. May or of Milton uREW M*LARBN, Stock-dbftler >RQE COQMBE, Settler dES ELDER BROWN, Settler . MACKAY, Publisher (r W. OAPSTICK, Auctioneer , t H.. -WATSON, Contractor W. L. FHILP, of Ptdlp. Henderson, and Co. ffoHN A. DOTHIE, of Capstiek, Duthie, . and Go. <j®Oß VE WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant JOHN M‘FAB-LANE, Farmer, Wangaloa THOMAS MURRAY, Farmer, Glenore • -With power to add to their number. Bakkibb * KATIONA BANK OF ALAND. Boucitob : (DONALD REID, ESQ. Makagzr : MR JOHN OHBTHAM. A SENT FOR DUNTOIN: 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 file Province of Otag;o. The objects for which the Company is established are for,the. purposes of manufacturing and selling all kinds of Stone, China, Printed, Fainted, 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 L3o,ooo,|.divided into 12,000 Shares at L2 10s •abb; ; ' THE suceesfi which has attended the esta bßshraent of the Mosgiel Woollen Fac tory under the provisions of the Joint Stock Companies Act,; and the greater facilities and extent to which such nndei 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, UoW-owoed byMr .W;_M. White, and conducting the manufacture of Pottery and EarthenWare upon a scale somewhat commensurate with the Urge market presented in New Zealand find the other Australian Colonies, this being the only Pottery Work established, in the Senthern Hemisphere. . Tha 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 Pipbs alone, the market for- which Is Steadily on the increase, and beyond the preheat . producing powers of the establishment. During this period Mr White hr g also devoted fi 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 improvemen,tsin machinery used in Staffordshire, and recognised as tfyebest 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 ana domestic purposes. The present time is, therefore, considered by the projectors of this Company the most favorable opportunity for «ntering upon the possession of the works, and pushing the manufacture and sale,of Potteryware.in. this and the adjoining Colonies. An estimate of the nature and extent of the available: market may'be arrived at from the fact ‘that de value of-such imports into New. Zealand alobe for tbe> year ending December last amounted to L 70.000, of which Otago alone im- i ported L 22,000 worth of potteryware. The promoters have eveiy confidence that i they will be enabled to supply the whole Colonial market with any article in potteryware, at j a figure sufficiently low to compete successfully! with tlje Home article, while securing a large) margiib of profit to the Company, who have ■ /secured, the rseryices, as manager, of Mr Chetham, for thirty years proprietor of one of the) largest and practically acquainted with the various processes adopted in every branch of. the trade. The services of the present staff—of over 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 MrW. M. White to take over the Freehold Property, consisting o! Three Acres of Land surrounding the -present centrally situated Works (secured with a -dew to their future development), and the hfgo mhl substantial buildings, with plant and stock, at a valuation estimated at, or about,; L 7.000, including the General Governmen' bonus of L 300 .: The amount of goodwill, esti- ( mated at I&OOO, Mr White has resolved to . .vest Withe Company in paid-up shares to -*■ , am<>unt, so confident is he in the bona ides the undertaking in the hands of a public 001 pany. The projectors have also seemed fro Mr White his right obtained from the Gener -Government fo remove clay from the lands a joining the line of railway between Tokomairi and the Clutha, yrhich clay is allowed, by coi E stent judges, 'to be equal to any found ngland for,, manufacturing purposes. T] Government are now forming a siding to the clay pits, which are inexhaustible. The pr jected branch hue to the Tokomairiro coal fiel has also been surveyed to pass in front of tl premises, sothat the works will be in railwi communication with he raw material, with n , limited and cheap coal supplies, and with a po •f shipment; as also with the metropolis ai the larger townships of the Province likely l)(orm good markets for suppUes. The projectors appeal for support with eve: fimfidence to the residents of Tokomairiro ai (i the settlers of the County of Bruce gencrall fis the establishment of this industry has alrea< ./ tended greatly to develop the resources of t] district in opening up clay and coal mines, ei ploying a large amount of outside labor In pi earing, and carting, timber, coal, and clay su _plies while the receirt unexampled prosper! w tte'tiJWiißlnp of Milton has been greatly a ▼anced by. the presence in its mifi|t of the lar number of employis-rmeL, women, and ch dren—engaged upon the works, and whi -I would.be greatly increased by a largejr propr: > possessed, of increased capital to carry 1 to every advantage. The promoters also confidently bring t enterprise nndter the notice of the genei public of Otago, as it is a well-known fact th nothing so tends to advance the prosperity oi Country as the establishment of local industri within its borders, thus preventing the expo of capital from the Colony tor supplies of ever day reqoifbnsentß. Apart from .these consic rations, the enterprise of itself promises to an amply remunerative and successful ope. T projectors, haying given the matter in all i fispects every consideration, have great pit •ore in placing the Company in the mark* believe it will prove m every way wort] to public Confidence and Cb-opcrative suppoi Ferniß of application may be obtained fro jGc* 0«»bok, Broker, Milton; or Mr I ,Hawkins, Dunedin, GEORGE OAPSTIOK, Intfiria SfioretM