Page 1 Advertisements Column 3

Hawke's Bay Times, Volume II, Issue 98, 16 March 1863, Page 1

THE HAWKE’S BAY STEAM NAVIGATION COMPANY [LIMITED,] To be incorporated under the Joint ?Stock Com pany’s Act, 1860—Session 3, No. 13. Capital £15,000, In accordance with Eesolutions of public meeting ot Shareholders held on Friday, Feb. 13 1863 with power to increase it, in 750 shares of £2O each. Deposit, 10 shillings per share, to be paid upon application. A payment of 40s per share to be 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. J J Provisional Committee:— H. S. Tifl'en, Esq. Donald JTLcan, Esq. Major Whitmore James Anderson. Esq. Alexander Browne, Esq Donald Gollan. Esq. T. Purvis Bussell, Esq. Samuel Begg, Esq. E. S. Curling, Esq. Joseph Rhodes, Esq. J. D. Ormond, Esq. V. Janisch, Esq, C. J. Nairn, Esq. Edward Towgood, Esq. E. IV. Knowles, Esq. John Wilkinson, Esq 1 John Chambers, Esq. Thomas Lowry, Esq. J- G. Gordon, Esq. Alexander Alexander, Esq J. D. Canmng, Esq. J. Eohjohn, Esq. J. N. Williams, Esq. M. Boylan, Esq. Michael Eitzgerald, Esq. G. b. Cooper, Esq. E. Sutton, Esq. J.A. Smith, Esq. Edmund Take, Esq. " • IVIIVMUCB, XiSti, Solicitors:- Robert Hart, Esq., Wellington; and o. ]N\ Wilson, Esq., Napier^ Provisional Secretary .—John G. Kinross, Esq. ZTIHE object of the proposed Company is to , P 1 °cure two screw steamers of a capacity anrl f ° r «»-jssssrs t '° 1 Na P 1( ; r ; ih e great success which has attended the working of steamers in the coasting trade of New Zealand has demonstrated the fact tliat such a trade can be profitably followed, and it is believed that the Province can now very well maintain tivo steamers in constant employment J.he want of a suitable local steamer has been severely felt for the past 18 monlhs-flockowners and othem having tlmi-ehy shut nut from ll.e high markets existing both m Otago and Auckland. The uncertainty of the voyage precludes shipping by sailing vessels, while the accommodation afforded by the mad s earner, irrespective of the danger and delay of loading m the roadstead, is inadequate. Ihe steamers winch this company proposes to purchase are of the dimensions by practical men of experience and standing after a careful inspection of the Port of Napier, and will each be about 140 tons register, or 250 tons budders measurement. Length, about 120 to l-o ft. over all; breadth of beam, 20 ft, ; depth, 9 feet; draught, when loaded, 7£ feet. Each steamer to have 2 engines of 25 nominal horse power; to have a half-poop deck for passengers, and cabins fitted up for 16 gentlemen and 6 ladies berths, besides steerage accommodation. Such steamers will provide for the development of the goods and passenger traffic, which is called for by the growing importance of the Port of Napier. As the conveyance of live stock may be expected to form a very profitable source of revenue the steamers will be built with a view to this, and will each carry from 500 to 600 wethers. This Company may with confidence calculate on icceiviug the liberal subsidy for steam purposes voted by the Provincial Council of Hawke’s Bay. It is proposed that this company shall have a capital of £15,000 in 750 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 Deposit of 10s., and the first call of £2 per share. Shareholders shall be allowed to vote by proxy. qualified Shareholder holding 10 Shares in his own right shall bo eligible for election to the Board of Directors. Application for Shares to be made in the annexed form and addressed to the Provisional Secretary:— -ZZ awke s Pay Steam Navigation Company (Lim iteclj, Napier. Form of Application. To the Provisional Committee of the Hawke’s Bay Steam Navigation Company (limited). Q-entlemen, —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 mo upon the terms mentioned in published prospectus. 1 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 N OW IS THE TIME FOR SOWINC Carrot Turnip Parsnip Lettuce, &c., &c., FOE WINTER USE. SEEDS of the above may be obtained from J. R. SUTTON, Meaneo Flat,