Page 1 Advertisements Column 4

Hawke's Bay Times, Volume III, Issue 139, 11 September 1863, Page 1

THE HAWKE’S BAY STEAM NAVIGATION COMPANY [LIMITED,] To be incorporated under the Joint Stock Com pany’s Act, ISG0 —Session 3, Xo. 13. Capital... ... £15,000, In accordance with Resolutions of public meeting of Shareholders held on Friday, Feb. 13, ISG3° with power to increase it, in 750 shares of £2O each. Deposit, 10 shillings per share, to bo paid upon application. A payment of -10 s. 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 gene* ral meeting held in terms of the Joint Stock Company s Act, 1830, shall have tho general management and control of the Company’soperations. Provisional Committee: — John Wilkinson, EsqJohn Chambers, Esq. Thomas Lowry, Esq. J. G. Gordon, Esq. .Alexander Alexander, Esq. J. I). Cannnifc, Esq. J. Itohjoini, Esq. J. N. Williams, Esq. 31. Hoy la a. Esq. Michael Fitzgerald, Esq. G. S. Cooiier, Esq. i l . Sutton. Esq. J. A. Smith. Esq. ike. Esq. Edmund Xuke, 1 11. S. TKTen, Esq. Donald ilvu'an, Esq. Major Whitmore James Anderson, Esq. Alexander Erowne, Esq. Donald Gollan, Esq. T. I’u. vis Uussell, Esq, Samuel Degg, Esq. E. S. Curling, Esq. Joseph Rhodes, Esq. J. D. Ormond, Esq. V. Jtiniseli, Esq, C. J. Nairn, Esq. Edward Towgood, Esq. E. W. Knowles, Esq. Solicitors: —Bobert Hart, Esq., Wellington; anc J. X. Wilson, Esq., Xapier. Provisional Secretary ;—John G. Kinross, Esq. o rpiE object of the proposed Company is to JL. procure two screw siejimers of a capacity and. draught of water suited for the requirements of the I‘ort of Xapier. The great success which has attended the working of steamers in (he coasting trade of Xew Zealand has demonstrated the fact that such a trade can be 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 sevorety lelt lor the past IS months—iloekowners and oiling having been thereby shut out from the high mavkels existing both in Otago and Auckland. The uncertainty of tho 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 (his company proposes to purchase are ol tho 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 ol 25 nominal horse power ; to have a half-poop deck for passenger*, and cabins filled up for 13 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 Xapicr. As the conveyance of live stock may be expected to form a very profitable source of revenue, (he steamers will be built with a view to this, and xvill each carry from 500 to COO wethers. This Company may with confidence calculate on receiving 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 (lie payment of Deposit of 10s., and the first call of £2 per'sharc. Shareholders shall bo allowed (o vote by proxy. Any qualified Shareholder holding 10 Shares in his own -right shall be eligible fur election to the Board of Directors. Application for Shares to 1- >c made in tho annexed form and addressed to the Provisional Secretary ;■ Ilaii'ke s Bay Steam Naviyaiion Comj>any (Lini iicdj. Is a pier. Form of Application. To the Provisional Committee of the Hawke’s Bay Steam Xavigation Company (limited). Gentlemen:, — I request you will allot mo ; Shaves in (he above Company, and I hereby agree to accept that or any less number which may bo allotted to ms upon tho 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 . 1563 J. K. TATUM, LICENSED GUN SMITH MECHANIST, EASTERN’ SPIT, NAPIER. N.8.- — Smith's Work in General. A GOOD SUPPLY POWDER, SHOT, AND CAPS.