Page 1 Advertisements Column 4

Hawke's Bay Times, Volume III, Issue 145, 23 October 1863, Page 1

THE HAWKE’S BAY STEAM NAVIGATION COMPANY [LIMITED,] To be incorporated under the Joint Stock Com pane’s Act, 1860—Session 3, No'. 13.Capital £15,000, In accordance with Resolutions of public meeting of Shareholders held on Friday, Feb. 13, 1863, with power to increase it, in 750 shares of £2O each. Deposit, 10 shillings per share, to bo paid upon application. A payment of 40s. pep 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 Stocs Company’s Act, 1860, shall have the general' management and control of the Company’® operations. Provisional H. S. Tiffen, Esq. Donald M'Lean, Esq. Major Whitmore James Anderson, Esq. Alexander Browne, Esq. Donald Gollan, Esq. T. Bums Bussell, Esq. Samuel Be"" Es". E. S. Curling, Esq. Joseph Rhodes, Esq. J. D. Ormond, Esq. V. Janisch, Esq, C. J. Nairn, Esq. Edward Towgood, Esq. E. W. Knowles, Esq. Committee; — John Wilkinson, Esq* John Chambers, Esq. Thomas Lowry, Esq. J. G. Gordon, Esq. Alexander Alexander, Esq, J. D. Canning, Esq. J. Eobjohn, Esq. J. N. Williams, Esq. 51. Boylan, Esq. Michael Fitzgerald, Esq. G. S. Cooper, Esq, - F. Sutton, Esq. J. A. Smith, Esq. Edmund Tuke, Esq. Solicitors .—Robert Hart, Esq., Wellington j andJ. N. Wilson, Esq., Napier. Provisional Secretary .—John G-. Kinross, Esq,: o THE object of the proposed Company is to procure two screw steamers of a capacity and draught of water suited for the requirements of the Fort of Napier. The great success which liasattended the working of steamers in the coasting trade of New 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. Tiie want of a suitable local steamer has been severely 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 the 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 Nspier, and will each be about 140 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 6 ladiea 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 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 the payment of Deposit of 10s., and the first call of £2 per share. Shareholders shall-be allowed to vote bv proxy. Any qualified Shareholder holding 10 Shares in his own right shall be eligible for election to tha Board of Directors. "Application for Shares to ho made in tha annexed ,form and addressed to tha Provisional Secretary:— Hat vice's Pay Steam Navigation Company (lAm itedj, Napier. Form of Application. To the Provisional Committee of the Hawko’a 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 ba allotted to me upon the terms mentioned in rmblished prospectus. I beg to forward you at same time a cheque for £ being the preliminary deposit on Shares. N ame of Applicant. Profession or business Residence Number of Shares Signature Dated the day of 1863 Coal! Coal!! Coal!!! EX CITY OF MELBOURNE AND ffIZONBELLE. £y TONS OF COAL, superior any M t/KJ ever imported. Apply to J. H. YAUTIER,