Page 1 Advertisements Column 2

Hawke's Bay Times, Volume II, Issue 88, 9 February 1863, Page 1

THE HAWKE’S BAY STEAM NAVIGATION COMPANY [LIMITED,] To be incorporated under the Joint Stock Company’s Act, 1860—Session 3, No. 13. Capital £IO,OOO, With power to increase it, in 500 shares of £2O each. Deposit, 10 shillings per share, to be paid upon application. A payment of 40s. per share to bo made upon allotment of shares. Subsequent calls not to exceed £5 per share, nor to be made without three months’ previous notice being given. A Board, of Directors, to be elected by the shareholders at the first general meeting held in terms of the Joint Stock Company’s Act, 1860, shall have the,'general management and control of the Company’s operations. Provisional Committee; — Ilis Honor J. C. L. CarterH. S. Tiffen, Esq. Donald iPLcau, Esq. Colonel Russell Major 'Whitmore James Anderson, Esq. Alexander Erowuo, Esq. Donald Gollan, Esq. T. Purvis Russell, Esq. Samuel Hogg, Esq. E. S. Curling, Esq. Joseph Rhodes, Esq. “William Colenso, Esq. Solicitors ; John 'Wilkinson, Esq 1 John Chambers, Esq. Thomas Lowry, Esq. J. G. Gordon, Esq. Alexander Alexander, .Esq. J. D. Canning, Esq. J. Rohjohn, Esq. J. N. Williams, Esq. M. Boylan, Esq. Thomas Tanner. Esq. Michael Fitzgerald, Esq. G. S. Cooper, Esq. F. Sutton, Esq. —Eobert Hart, Esq., Wellington ; and J. N. Wilson, Esq., Napier.

Provisional Secretary : —John G. Kinross, Esq. o THE object of the proposed Company is to pi’ocure a screw steamer of a capacity and draught of water suited for the requirements of the Port of Napier. The great success which has attended the working of steamers in the coasting trade of Hew Zealand has demonstrated the fact that such a trade can he profitably followed, and it is believed that the Province can now very well maintain a steamer of her own. The want of a suitable local steamer has been severely felt for the past eighteen months—ilockowners and others having been thereby shut out from the high markets existing both in Otago and Auckland. The uncertainty of the xoyage precludes shipping by sailing vessels, while the accommodation afforded by the mail steamer, irrespective of the danger and delay of loading in the roadstead, is inadequate. The steamer which this company proposes io purchase shall bo one of about 300 tons, with a broad beam and light draught of water, so as to enter the harbour at all states of the tide. Her engines’ power to be sufficient to steam head to wind. As the conveyance of stock may bo expected to form a verj' profitable source of revenue, —she will be fitted up with moveable stalls for cattle and sheep. Independent of the outlet which such a vessel would give for fat stock, the growing importance of the Port of Napier requires it for the development of the goods and passenger traffic. This Company may with confidence calculate on receiving the liberal subsidy for steam purposes voted by the Provincial Council of Hawke’s Hay. It is proposed that this company shall have a capital of £IO,OOO in 500 shares of £2O each, with power to issue new shares if necessary. The qualification for voting at the election of the first Board of Directors shall be the payment of the first call of £2 per share. Shareholders shall be allowed to vote by proxy. Any qualified Shareholder holding 10 Shares in his own right shall be eligible for election to the Board of Directors. Application for Shares to be made in the following form and addressed to the Provisional Secretary : HaioJce's Bay Steam Navigation Company (Lim itedj, Napier. Form of Application. To the Provisional Committee of the Hawke’s Bay Steam Navigation Company (limited). Gentlemen, —I request you will allot me Shares in the above Company, and I hereby agree to accept that or any less number which may be allotted to me upon the terms mentioned in published prospectus. I beg to forward you at same time a cheque for £ -being the preliminary deposit on Shares. Name of Applicant. Profession or business Residence Number of Shares Signature Dated the day of 1863 LAND FOE SALE. SECTIONS of Town and Suburban Land and Blocks of Country Land, from 40 to 1,000 acres, from 12s. to £2O per acre. ANDREW LUFF, Land & General Agent. Napier, February 2, 1863. HE UNDERSIGNED are Cash Buyers of WOOL and advance on consignments to their correspon dents, Messrs. Miles, Brothers & Co., London. KINROSS & Co. WANTED.— An intelligent YOUTH for the Printing Business. Apply at the Hawke's Bay Times Office.