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DO NOT THROW CHANCES AWAY. TF YOU Di >1 RE AN INVESTMENT WHICH IS HONEST, SAFE, AND A PROF TABLE FOR EITHER FARMERS, PROFESSIONAL MEN,, TRADESMEN, OR WORKING MEN W. LISSANT GLAYTCIPI CAN FIND IT FOR YOU. ( i IIEEP RUNS OR HPOWN TJROPERTIKS. £U)UNO gHARF J 1 (VESTMENTS. A CCIDENT 08. JpURJE JNSURANCE. NOTHING SUCCEEDS LIKE SUCCESS! THE RUSH OF ORDERS hae caused me to have new Machinery Installed at the Factory, in order to cope with the demand for HIGH-CLASS FURNITURE. MY EASY TIME PAYMENTS enable all to Furnish the Home with Comfort and Taste. Make out a List of your Requirements, and forward 6ame at once. My quotations will satisfy you. The materials I work with are the best, the workmen are skilled artisans, and my prices are at bedrock. JUST TAKE A WALK THROUGH MY SHOWROOM IN PEEL-STREET C. TAYLOR. FACTORY—UPPER GLADSTO NE.ROAD. SHOW ROOMS— PEEL-STREET-

TAILOR MADE COSTUMES ARE THE TALK OF GISBORNE. The Material and Fit giving every satisfaction to All-comers. . . • • CASH TAILOR.

PROSPECTUS OF GRUNDY & SHENNAN, LIMITED, 1. Directors: — ERNEST GRUNDY, of Gisborne, Cabinetmaker, Managing Director GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer, Mauagin Director % FRANCIS STAFFORD, of Gisborne, Timber Merchant JOHN JOSEPH ROSSBOTHAM, ofGisborne Ta.lor ? CHARLES DANIEL MALCOLM ROSIE, of Gisborne, Draper ROBERT ROBERTSON, of Gisborne, Clothier THOMAS CORSON. C. G. HESSE, 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 from the Secretary. 3. The Capital of the Company is £5,000, divided into 5,000 shares of £1 each. 4 Of the above-mentioned shares 1,800 shares, representing 1,800 of the Cninmnv’s nominal capital, are to be issued and credited as paid up in Ml hi part consideration of the sale to the Company, particulars of which are given in paragraph No. 6 hereof; such further shares as may be necessary to satisfy the balance of consideration for such sale as may be found to be duo shall be issued and credited as fully paid up on the ascertainment of such consideration as provided m such contract of sale. A fuithei 2,000 shares are now offered to the public for subscription, to be paid as follows: sh;llings per share on application Five shillings per share oil allotment,^ And the balance by calls of 5s per share at periods of not less than three months’ interval. 5. The minimum subscription on which the Directors may proceed to allotment is 1,000 shares. (2) 6 This Company has been formed for the following purposes:- ' To acauire and carry on the business of Messrs Grundy and Shell- ( ) mu of Gisborne, Cabinet-makers, Upholsterers, Carpet Salesmen and Furniture Warehousemen. ( To .acouire and undertake the whole or any part oi the business, goodwill, assets, property, rights, or undertaking of any person, firm, or company carrying on or having power to carry on any business as Cabinetmakers, Lpholsterers, Carpet Salesmen, Furn ture Warehousemen, or the like, which this Company has power to carry on under its’ Memora udurn of Association. Aiul as set out in the Memorandum of Association, a copy whereof forms part of this Prospectus. (3) 7 The names and addresses of the Vendors of the said business of Srumly and Shennan, being the property now proposed to bo purchased cr acquired by the Company, are:— acquired oy tne , WIINFRT (IRTJNDY, of Whataupoko, Cabinetmaker GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer., o mi to lie paid to the said Ernest Grundy and Gcorgo Viu8 + tibeiman -is such Vendors, is the sum of £3OO for the goodwill oi the sent Shennan, < i P . l6e liold property of 'Messrs Grundy and Shennan, to :aid business <u -' ;d s h aros in the said Company, and a further sum io paid in 300 fttUj pam el l r i eSe Md firm of Grundy and Shennan, to be ascertained by a valuation ;o the said firm ot uiunuy ai Colll any sha n bo entitled to com- ■° be made as at tho ahen tuo Grundy a)ld George Vinnence business, is s tock-in-trade. plant, book debts, and lurmture. lent Shennan foi „ b(j - d to the V endors ill tlie following proporsucli consideiatio « .rood-will, leasehold properties, stock-in-trade, :,ons, namely -For the goouw , mh l da l y o{ J UUC; 1907, in the ihint.furniture “event hs to tl.o said. Ernest Grundy, and iroportiou oUvci V bg to the said George Vincent Shennan, and for ;weiity-Uvo io } the said business siuco tho said 30th day of June, y iucreased ialu Company is entitled to commence business,, of Uu-Sfths to tho said Ernest Grundy and two-fifths. the said^GeorgV Vincent Shennan. w •rar» , casr«s SSSSMS to amount ,o £SO, aud will 1» b.™ b» he Company. 10. *. S rf. -S'in lots oi ... than 200. of £o per H vr,. T?,. llP ut Grundv and Mr. George Vincent {shennan, Managing ■ lL i M interested in the promotion of and in the property proposed lirectors, are **“ u l . to tho extent only of their uteres ts as irlTld", tbioortrSpaVuaolar, of .hid. a,a S iv„, in Clans. 3 ereof. v , A Director’s qualification shall be 50 shares. The Directors . shall bo ii. AV ° l .. , , l»vr wnv nf rnmmifirnfinn Inr T. R>ir siiclfproportion and manner as the Directors may determine •> T’ , cinel- «heef s and balance-sheet of Messrs Grundy and Shennan, :i 'j , Memorandum and Articles of Association of the Company, and 'J V- . tract referred to in Paragraphs No. 6 hereof, can be inspected 1 i -■ -of Messrs Clirisp and Coleman, the Company’s Solicitors, vcSUoet. 3 Gisborne, during business hours. it Vindications for shares should bo made upon ;the necessary form, l sent to Mr C. G. Piesse, Interim Secretary, together with the amount •ni.m nn annlication. Copies of tho Prospectus and forms of applicakm for shares may be obtained at tho otlico of Mr. C. G. Piesse, Adair’s luildings, Lowe Street. 15 This Prospectus has been duly filed with the Registrar of Joint Stock ompanies. lated the sixteenth day of March, 1908. ERNEST GRUNDY CHARLES DANIEL MALCOLM ROSIE G V SHENNAN ROBERT ROBERTSON FRANCIS STAFFORD TH OS. CORSON J. ROSSBOTHAM fitness to Signatures—o. G. PIESSE, Account. Sit, Gisborne.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19080424.2.37.6

Bibliographic details

Gisborne Times, Volume XXVI, Issue 2173, 24 April 1908, Page 3

Word Count
1,025

Page 3 Advertisements Column 6 Gisborne Times, Volume XXVI, Issue 2173, 24 April 1908, Page 3

Page 3 Advertisements Column 6 Gisborne Times, Volume XXVI, Issue 2173, 24 April 1908, Page 3

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