And it is hereby further resolved that the sum of £7837 17s being undivided profits of Company and .the sum of £10,(130 3s being part of the profits which luivo boon from time to tiino placed to reserve making in till tlie sum of £18,46* bo, capitalised under the provisions of no\v Article 85a of tho Company’s regulations and that in order to effect such capitalisation the 30936 Bonus shares of £1 each in tho increased capital of tho Company bo offered by tho Directors to all "pei-sons who were registered as shareholders on tho 31st day of March 1907 and entitled to subscribe for Bonus shares in the proportions in which shares arc held by thorn in tho Capital of the Company or ns near thereto as may bo and that the Directors be and they are hereby empowered to divide and distribute such sums of £18,408 among the said shareholders subscribing and entitled to subscribe for the Bonus shares aforesaid according to the shares held by thorn repectively on the 31st day of March 1907 on condition that tlie amount of dividends to which each shareholder shall.be entitled there out shall be applied by linn or bv the Company at Ins request and on Ins behalf in part payment of the liability on his proportion of the ou.Mu JiouiiG shares to ho subscribed for by him as aforesaid And that tho liability on the shares last beforemontionod which shall remain unsatisfied after the application of each shareholder s dividend of profits as aforesaid shall bo paid bv each holder of such shares iu : such amounts and at such tunes ind places and to such persons as the Directors may from tune to time by resolution determine. . And in case any shareholder shall refuse to fail to apply before the Ist lav of August, 190<, or such later late as the directors may from time to time appoint for his proportion ol the said 36,930 bonus shares then the said dividend to , which such dinreliohlcr would bo entitled, shall not be paid or credited to him but shall remain ns part of the fund to which the same would have belonged aid this resolution not been passed mil the amount to which, the reserve and accumulated profits shall ho capitalised shall he reduced accordingly. And that the Directors of yfte Company he and they are hereby empowered to do all acts which they may consider necessary to give effect to this resolution. AV. F. CEDISBAVALL, Manager. Gisborne, 30tli March, 1907. Public AVorks Office, Auckland, 31st March, 1907. TCIRESH Tenders will be received -•>- at this office until noon, on THURSDAY, 18tli APRIL, 1907, for ERECTION OF NA.TIA r E SCHOOL and RESIDENCE, TTJ KARA Plans', etc., may bo seen at Post Offices at Gisborne and AA’airoa, and at this office. No tender need necessarilv bo accepted. G. R. VICKERNAN, District Engineer.
SALE OF GISBORNE DRILLSHED SITE. TENDERS will .be received until Noon on the 18tli APRIL. 1907,. for the Purchase of the Gisborne Drillshed Site, adjoining the Gisborne Post Office, having a frontage of 41 feet 0 inches to Read’s Quay and 40 feet to Customhouse Street by a mean depth of 129 feet. The present buildings are to be removed by the Trustees Tenders to be accompanied by a deposit of £IOO in cash or marked cheque good for 21 days after 18th April, 1907. Tenders to be addressed to the “Drillshed Trustees, P.O. Box 20, Gisborne,” and marked “Tender.” The highest or any tender not necessarily accepted. This site, on account of its central position and double frontage, is admirably'adapted for commercial purposes, Banks, Insurance Buildings, General Offices, Warehouses, etc. By order of Trustees, A. G. BEERE, Captain lion. Secretary. COOK COUNTY COUNCIL. SPECIAL ORDER. Made on 22nd day of March 1907. To be confirmed on 24th day of April, 1907.
N pursuance and exercise of the -1- powers rested in it in that behalf by the Local Bodies Loans Act, 1901, the Cook County Council hereby resolves as follows : That for the purpose of providing the interest and other charges on a loan of £BOO authorised to be raised by the Cook County Council under the above-mentioned Act for restoring Ngatapa road .£SOO, constructing bridge and formaton Aroha Creek, £3OO, the said Cook County Council hereby makes and levies a special rate of one fifth of a penny jn the £1 upon the rateable value of all rateable property of the.Ngatapa special rating, district No. 2, comprising Wharokopae 1 B2; AVluirekopae 1A ; sections 1 and 2, block IX, Ngatapa, S.D. ; sections 1 and 2, block XIII, Ngatapa, S.D.; sectiqn 1, block V, Ngatapa, S.D, ; section 1, block X, Ngatapa, S.D.; section 2, block VII, Ngatapa, S.D, ; Lots 6,7, 12, 13, Tahora 2; Lots 10, 11. 10 Tahora 2; Sections 11, 16, Tahowi 2; Lot 9, Tahora 2; AVharekopae, 2A, 2B; part Wharekopae, IA, subdivision 1; section 1, block VI, Ngatapa S.D., and that such Special Rate shall be an annual-recurring rate during the currency of such loan, and be payable yearly on the First Day of July in each and every year during a period equal to the 'qurjeiqey ‘of ’’such loan, being a period of forty-one years or until the loan is fully paid oft’. The rate of interest to be four per cent. JOHN AVARREN, Clerk. Gisborne, 28tli March, 1907 i
LYNDA SOAP, MAKING AND TRADING COMPANY, LIMITED. CAPITAL! £5.flOQ IN 5,000 SHARES OF £1 EACH. 3,700 SHARES of £1 each are now offered for Public Subscription. PAYABLE; 2/6' per S,harp Payable on Application. . - 2/6 per Share Payable oil Allotment. And the balance of 15/- per Sharp Payable in palls of not more than 2/6 per Share at intervals of not less than 30 days. The -Coflipapy f>p‘,m formed to acquire thp Spap Works, Plant, Land, Premises, Etc., of Messrs. Williams and Kimbel, and to provide adequate Capital to qytcqul and develop the business of the Manufacture of Soap, and/ allied products, and to operate a steam Laundry, or carrying on business as the Shareholders may see fit. The legitimate profits of Soap-mak-ing are large. The Local Production of Soap tlio cost to the consinpm'j of Wharfage and Freight. The development of 'a local indusdustry necessitates the circulation of more money locally in wages and profits. Therp is room for thp unlimited expansion of the industry, as the profits are so large that they allow for profitable export. Full particulars may be obtained and Shares purchased in large or small lots on application to the I Broker, Mr. W. LISSANT CLAYTON. .
ESTATE YEN'. ARCHDEACON WILLIAMS, Ht'ceased. TT is requested that all Claims -®- against the estate of the late Yen. Archdeacon Samuel Williams, deceased, be rendered to the undersigned on behalf of the Executors. COTTERILL AND HUMPHRIES, Solicitors, Napier. Napier, March 21st, 1907.
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Gisborne Times, Volume XXV, Issue 2043, 2 April 1907, Page 3
Word Count
1,137Page 3 Advertisements Column 3 Gisborne Times, Volume XXV, Issue 2043, 2 April 1907, Page 3
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