Page 1 Advertisements Column 2

Hawke's Bay Times, Volume III, Issue 138, 4 September 1863, Page 1

SADDLERY. "VTOW LANDING-, Ex Royal Bride from -La| London : 6 CASES SADDLERY, manufactured to tlie order of the undersigned H. E. HOLDER. June 18, 1863. THE HAWKE’S BAY STEAM NAVIGATION COMPANY [LIMITED,] To be incorporated under the Joint Stock Com pany’s Act, IB6o—Session 3, No. 13. Capital £15,000, In accordance with Resolutions of public meeting of Shareholders held on Friday, Ecb. 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. Provisional n, S. Tiffen, Esq. Donald M'Lean, Esq. Major AA'Uitmore James Anderson, Esq. Alexander Browne, Esq. Donald Golian, Esq. T. Purvis Russell, Esq. Samuel Rees, Esq. E. S. Curling, Esq. Joseph Rhodes, Esq. J. D. Ormond, Esq. T. Janiseh, Esq, C. J. Nairn, Esq. Committee: — John AA'ilkinsou, EsqJohn Chambers, Esq. Thomas Lowry, Esq. J. G. Gordon, Esq. Alexander Alexander, Esq. J. D. Canning, Esq. J. Ilobjohn, Esq, J. X. "iVilliams, Esq. M. Uoylan, Esq. Michael Eitzgcrald, Esq. G. S. Cooper, Esq. P. Hull on, Esq. J. A. Smith, Esq. Edmund Take, Esq. Edward Towgood, Esq. E. AV. Knowles, Esq. Solicitors .—Robert Hart, Esq., Wellington ; and J. N. Wilson, Esq., Napier l , Provisional Secretary :—John G. Kinross, Esq. nnUE object of the proposed Company is to JL procure two screw steamers of a capacity and draught of water suited ior the requirements of (lie Port of rapier. I lie great success which lias attended the working of steamers in the coasting trade of New Zealand has demonstrated the fact that such a trade can bo profitably followed, and it is believed that the Province can now very well maintain two steamers in constant employment. The want of a suitable local steamer has been severoly felt for the past 18 months—flockowners and others having been thereby shut out from the high markets existing both in Otago and Auckland. The uncertainty of flic voyage 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 steamers which this company proposes to purchase are of the dimensions recommended by practical men of experience and standing after a careful inspection of the Port of Napier,°and will each be about 110 tons register, or 250 tons builders’ measurement. Length, about 120 to 125 ft. over all; breadth of beam, 20 ft. ; depth, 9 feet; draught, when loaded, 71 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 G 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 bo 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 GOO wethers. This Company may Avith confidence calculate on receiving the liberal subsidy lor 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 necessar>‘. The qualification for voting at the election of the first Board of Directors shall bo tho payment of Deposit of 10s., and the first call of£2 pcrsharc. Shareholders shall be allowed to vote by proxy. Any qualified Shareholder holding 10 Shares in his own right shall bo eligible for election to the Board of Directors. Application for Shares to bo made in tho annexed „form and addressed to the Provisional Secretary : Ifatvlce's Bay Steam navigation Company (him iiedj , Napier. Form of Application. To the Provisional Committee of tho 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