Page 3 Advertisements Column 5

Gisborne Times, Volume XXVI, Issue 2159, 7 April 1908, Page 3

NOT THROW CHANCES AWAY; |F YOU Di iIRE AN INVESTMENT WHICH IS HONEST, SAFE, AND PROF TABLE FOR EITHER FARMERS, PROFESSIONAL MEN, TRADESMEN, OR WORKING MEN V?. LISSANT CLAYTON CAN FIND IT FOR YOU. gHEEP RUNS OR HTOWN T> ROPERTIES, QOCND gHARF, Jj I VESTMENTS. OR 1 NSURANCE. ©real Nuisance. JUST LANDED LARGE STOCK OF NEW SEASON’S TWEEDS. Great Public Effort IS NEEDED TO REMOVE SAME FROM ADOLF ZAGHARIAH, GASH TAILOR. qUR JTURNITURE gTANDS THE FJIRUE rjTEST OF FjllME. H GRUNDY iND SHENNAN AVE REMOVED into Commodious Premises in ANDREWS’ BUILD- _ INGS (next door to their old warehouse), and are now m a position to Supply Every Conceivable Variety of : HIGH-CLASS FURNITURE. TAKE A WALK THROUGH OUR SHOW-ROOM, AND SEE OUR BARGAINS IN— J^INOLEUMS, R UGS , jg LINDS, rjIAPESTRIES, ETC., ETC. 3.6 Best Testimonial for our Work is that our Trade is ever increasing, and this is because our Furniture is made to stand IJIHE FJIEST OF rjTIME. ESTIMATES GIVEN FREE FOR ANY CLASS OF WORK. GENTS FOR THE FAMOUS “WHITE” SEWING MACHINE. GLADSTONE ROAD, GISB ORNE. Telephone No. 2SB. Telephone No. 288.

PROSPECTUS OF GRUNDY & SHENNAN, LIMITED. 1. Directors: — . . ERNEST GRUNDY, of Gisborne, Cabinetmaker, Managing Director GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer, Managing FRANCES STAFFORD, of Giebtfrue, Timber Merchant JOHN JOSEPH ROSSBOTHAAI, of Gisborne, Jailor CH MILES DANIEL MALCOLM ROSIE, of Gisborne, Draper ROBERT ROBERTSON, of Gisborne, Clotluer THOMAS OOBSON, C. G. PIESSE, Public Accountant, Adair’s Buildings, Gisborne. 2. The objects and powers of the Company are set out in the Memorandum of Association, a copy of which can be obtained fiom the Secretary. 3. Tho Capital of the Company is £5,000, divided into 5,000 shares of £1 each. sa r ryTo e sltisfy a thfbalance o°f SrSim'Sch 'sale as may be found to be due shall be issued and credited as fully paid up,on the of such consideration as provided in such contiact of sale. A tui tlier 2,000 shares are now offered to the public for subscription., to be paid as follows: Fh . o sh;llhlgs per share on application Five shillings per share oil allotment, And tho balance by calls of 5s per share at periods of not less than three months’ interval. o. Tho minimum subscription on which the Directors may proceed to allotment is 1,000 shares. 6. This Company has been formed for the following purposes:— 111 To acquire and carry on tho business of Messrs Grundy and Sheunan of Gisborne, Cabinet-makers, Upholsterers, Carpet Salesmen, and Furniture Warehousemen. To acquire and undertake the whole or any part oi the business, { ’ "ooS assets, property, rights, or undertaking of any person, firni or company carrying on or having power to carry on any business as Cabinetmakers, Upholsterers, Carpet Salesmen, Tuiniture Warehousemen, or tho like, which this Company has pouer to carry on under its Memorandum of Association. r (3) And, as set out in the Memorandum of Association, a copy wheieoi forms part of this Prospectus. 7 The names and addresses of the Vendors of the said business of Grundy and Slmnnan, being the property now proposed to bo purchased or acquired by the Company, are: . ERNEST GRUNDY, of Whataupoko, Cabinetmaker GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer. q The amount to be paid to the said Ernest Grundy and George Vin- + ci,,,,,,,,™ -is such Vendors, is the sum of £3OO for tho goodwill of tho said business and the leasehold property of Messrs Grundy and Sheiman, to T in MOO Vullv naid-in) shares in the said Company, and a tuither sum represen tin plant, book debts, and furniture belonging to the said linn of Grundy and Shennan, to bo ascertained by a valuation to be made as at the date when the Company shall bo entitled to comt° ue , ; • . i „ I)a ij to the said Ernest Grundy and George VminT«l,b „n,v u for such stock-in-trade, plant, book debts, and furniture. Such Consideration shall be paid to the Vendors in the follo wing proporouen euuoiu goodwill. leasehold properties, stock-in-trade, plant, furniture, and book debts, as at the 30th day of June,l9o7 in the roportion of twenty-two forty-sevenths to tho said Ernest Grundy, and Iwnntv five fortv-seventlis to tho said George Vincent Shennan, and lor Snv increased value in the said business since tho said 30th May of June, 1907 up to tho date when the Company is entitled to commence business, in tile proportion of three-filths to the said Ernest Grundy and two-fifths to the said George Vincent Shennan. 0 - T i,„ nrel iminarv expenses of and incidental to the formation and establishment of the'Company and until the Company shall be entitled to commence business are estimated to amount to £6O, and will be borne by tho Company. 10 The Company has agreed to pay a commission at tho rate of £5 per centum on all shares subscribed m lots of 200 or under, and £2l per cent, on ail shares subscribed m lots of more than kOO. 11 Air Ernest Grumly and Air. George Vincent Shennan, Managing I Proctors are interested in the promotion of and in the property proposed -icouircd by tho Company to the-extent only ai tlieir interests as Vendo/s undcr the contract, particulars of which are given in Clause 8 hereof. 12. A Director’s qualification, shall aid out of the funds of the Company, ervicee, such sum or sums as the t a general meeting, and such rennm n such proportion and manner 13. Thv ? 9!!•':■ jbeets ami balauce-s epics oi i-li ■ rmiiramlum and Artie] | the Coni: act referred to in I aragi t the offices of Messrs Chnsp ami ,owe Street, Gisborne, during busine bo 50 shares. The Directors shall t by way of remuneration for thoi Company may from time to time fi oration shall be divided amongst tlici the Directors may determine. Jieet of Messrs Grumly and Sheimai es of Association of tho Company, an aplis No. G hereof, can bo iuspeetr: Coleman, the Company’s Solicitor ss hours. 1< Applications for shares should bo made upon the necessary form, ml sent to Air. C. G. I’iesse, Interim Secretary, together with the amount lavable on application. Copies of the Prospectus and forms of applicaion for shares may be obtained at the office of Air. C. G. l’iesso, Adair’s biddings, Lowe Street. 15. This Prospectus has been duly filed with the Registrar of Joint Stood Companies. latcd the sixteenth day of March, 1908. ERNEST GRUNDY CHARLES DANIEL AIALCOLM ROSIE O V SHENNAN . ROBERT ROBERTSON FRANCIS STAFFORD THOS. CORSON J. ROSSBOTHAAI Witness to Signatures—C. G. PIESSE, Accountant, Gisborne.