not THROW CHANCES AWAY. -g- p YOU Dl JIRE AN INVESTMENT WHICH IS HONEST, SAFE, AND A PROF TABLE FOR EITHER FARMERS, PROFESSIONAL MEN, TRADESMEN, OR WORKING MEN W. LISSANT CLAYTON CAN FIND IT FOR YOU. gHEEP RUNS OR nn OWN TYHOPEUTIES. gOUND gHAiIE VESTMENTS. A (X? IDENT OR ¥ mE 1 NSURANCE. Croat Nuisance. JUST LANDED LARGE STOCK OF NEW SEASON’S T\\ EEDs. Great Public Effort 1 IS NEEDED TO REMOVE SAME ■ FROM ADOLF ZAGHARIAH, GASH TAILOR.
OUR jpURNITURE THE fJTIRUE rjTEST OF'rjllME. GRUNDY AND SHENNAN HAVE REMOVED into Commodious Premises in ANDREWS’ BUILDINGS (next door to their old warehouse), and are now in 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, -y^ENETIAN B R UGS LINDS, T APESTRIES, ETC., ETC. Tbo Best Testimonial for our Work is that our Trado is ever increasing, and this is because our Furniture is made to stand rjIHE FJIEST OF rjllME. ESTIMATES GIVEN FREE FOR ANY CLASS OF WORK. AGENTS FOR THE FAMOUS “WHITE” SEWING MACHINE. GLADSTONE ROAD, GISBORNE. Telephone No. 288. Telephone No. 2SB.
PROSPECTUS OF Directors: — ERNEST GRUNDY, of Gisborne, Cabinetmaker, Managing Director GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer, Managing FRANCIS STAFFORD, of Gisborne, Timber Merchant TORN JOSEPH ROSSI3OTHAM, of Gisborne, Tailor CHARLES DANIEL MALCOLM ROSIE, of Gisborne, Draper ROBERT ROBERTSON, of Gisborne, Clothier THOMAS COBSON, of, fAEy , C. G. PIESSE, Public Accountant, Adair’s Buildings, Gisborne, 2 The objects aud powers of the Company are set out in the Memorandum of Association, a copy of which can be obtained from the Secretary. £5,000, divided into 5,000 shares of 1,800 shares, representing 1,800 of the issued and credited as paid up in to the Company, particulars of which such further shares as may be liecesation for such sale as may be found as fully paid up on the ascertainment such contract of sale. A further public'for subscription, to be paid as on application on allotment, sha.ro at periods of not less than three which the Directors may proceed to 3. The Capital of the Company is £1 each, 4. Of the above-mentioned shares Company’s nominal capital, arc to bo full in part consideration of the sale are'given in paragraph No. 6 hereof; sary to satisfy the balance of consider to be duo shall be issued and credited of such consideration as provided in 2,000 shares are now offered to t„o follows: — Five shillings per share Five shillings per share And the balance by calls of 5s per months’ interval. 5. The minimum subscription on allotment is 1,000 shares. (J This Company has been formed for the following puiposcs. - ' (l) To acquire and carry on the business of Messrs Grundy and Sheun:'ii of Gisborne, Cabinet-makers, Upholstereis, Carpet Salesmen, and Furniture Warehousemen. (21 To acquire and undertake the whole or any part ortho business, V goodwill, assets, property, rights, or undertaking of any person, firm, or company carrying on or having power to carry on any business as Cabinetmakers, Upholsterers, Carpet Salesmen, Fuinituro Warehousemen, or the like, which this Company has power to carry on under its Memorandum of association. .. (3) And, as sot out in the Memorandum of Association, a copy ;\hereof forms part of this Prospectus. 7 The names and addresses of the Vendors of the said business of Grundy and Shcnnan, being tho property now proposed to be purchased or acquired by the Company, are:— . ERNEST GRUNDY, of Whataupoko, Cabinetmaker GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer. 3 Tho amount to bo paid to tho said Ernest Grundy and George Vincent Shcnnan, as such Vendors, is the sum of £3OO tor the goodwill of the said business and the leasehold property of Messrs Grundy and Sliennan, to bo u nd in 300 fully paid-up shares in the said Company, and a further sum reiircsenting the stocic-iu-trade, plant, book debts, and furniture belonging 5 C \i / Uni, n f Grundv and .Shcnnan, to be ascertained by a valuation ■Pteml M te ctitel to c ;! „- ro ol m.iu to t j )o ta! ,i Ernest Grundy and George Vmmeiice business, is stock-in-trade, plant, book debts, and furniture, r S‘tion gfell bo paid to the Vendors in the following properSueli cons It at o .goodwill, leasehold properties, stock-in-trade, t ions, namely:—ioi tne A , ’ .. ..... «ui. l ,iA. .t i. ion? ii,„ tv increased value in the said nusineao wm-u j v » 907 n“e date when the Company is entitled to commence business, n the proportion of three-fifths to the said Ernest Grundy and two-fifths o the said George Vincent Shennan. „ expenses of and incidental to the formation and I 9 ■ nmnnt ! f the “Company and until the Company shall be entitled to amount to £SO, and.will be borne-by ho Company.' 1.-, a. 1... c acrecd to pay a commission at the rate of £5 JJMbrJS&VkL f mm cut. on all shares subscribed in lots ol moio than -00. 11 Mr Ernest Grundv and Mr. George Vincent Shennan Managing )irector*' are interested in the promotion of and in the property proposed luecioK, ait i Company to the extent only ol their interests as undci the contract, particulars of which are given m Clause 8 icreof. 12 A Director’s qualification shall be 50 shares. The Directors bh.fl bo ,a d out of 4o funds of the Company, by way of remuneration lor their idiu o.it ot uw ‘ the Company may from time to time fix t 1 a I '^nerii e m< : -'t. : n.r, and such remuneration shall be divided amongst them 11 suTh p’- thin and manner as the Directors may determine. iq T j, beets and balance-sheet of Messrs Grundy and Shennan, f .r 'tli,. Memorandum and Articles of Association of tho Company, and the Contract referred to'in Paragraphs No. 6 hereof, can be inspected t the offices of Messrs Chrisp and Coleman, the Company s Solicitors, ! ,owe Street, Gisborne, during business hours. 1 ( Applications for shares should bo made upon the necessary form, sent to Mr. C. G. Pi esse, Interim Secretary, together with the amount inya'blo on application. Copies of the Prospectus and forms of applicaicm for shares may ho obtained at the olnce of Mr. C. G. Piessc, Adair s Juildings, Lowe Street. I. This Prospectus has been duly filed with the Registrar of Joint Stock i'ompanics. dated the sixteenth day of March, 1908. ERNEST GRUNDY CHARLES DANIEL MALCOLM ROSIE U v SHENNAN ROBERT ROBERTSON FRANCIS STAFFORD THOS. CORSON J. ROSSBOTHAM Witness to Signatures—C. G. PIESSE, Accountant, Gisborne,
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Bibliographic details
Gisborne Times, Volume XXVI, Issue 2160, 8 April 1908, Page 3
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1,079Page 3 Advertisements Column 6 Gisborne Times, Volume XXVI, Issue 2160, 8 April 1908, Page 3
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