Page 2 Advertisements Column 1

Lyttelton Times, Volume V, Issue 255, 11 April 1855, Page 2

SETTLERS' WAREHOUSE. D. DIMOND BEGS to inform the inhabitants of Lyttelton and the surrounding country that he lia s taken the premises in London street, lately .occupied by Mr. J. M. Fraser, aud having made - extensire alterations,'and > fitted up one part of the premises for Groceries and general stores, he will open on Tuesday the 10th, with a large and varied assortment of Drapery, Haberdashery, and groceries, which lie will be enable to offer at greatly reduced prices. Parties will do well to give an early call, as D. D. intends to off«r all his goods at prices lower than any ever submitted to this market. Lyttelton, April 6th, 1855. CANTERBURY f Local Steam Navigation Company. AT a Meeting held at the Golden Fleece Hotel, at Christchurch, .on Saturday, 7th April, it was resolved, that the following outline should be published in the local papers', viz., Transit from the Port to the Plains. "It being necessary to secure a fair trial of the practicability of this important undertaking within 12 months from this date, it is proposed to form an Association, to be called the Canterbury Local Steam Navigation Company; to issue shares not exceeding 3,000 @ 40s. each, (members to be guaranteed from any further claim or liability,) and that a call of 15s. per share, be made payable thereon by or before 31st May, 1855." .. . • " That James Spowers, and Joseph Longden, Esqrs., with"Capt. Beswick, be requested to act as Trustees, until the officers and managers (all honorary,) be duly appointed at the fist general meeting of subscribers, aud that all monies for ' shares be paid into the Lyttelton branch of the Union Bank of Australia, and do stand in the names of the said Trustees"™ the bank books to the credit of the said,association. "Ihat immediate steps be taken to ensure subscribers to this project, and that as soon as the sum of 1,500 be received, application be made to the Provincial Government, soliciting, that j£l,ooo voted in aid of this object be added to the funds of this association, and be either paid to the hands of its trustees or an assurance given, that the said amount shall be forthcoming ' as soon as the association be prepared to arrange for the hire, "or purchase, of the first steamer required by this association " - &■ " That when £2,500 shall be thus secured as an available fund fairly to work out the purposes of the association, a general meeting of the shareholders be held; and officers and managers (all honorary) be chosen. The board of managers to consist of 16, members (four each from the shareholders residing at Christchurch, Lyttelton, Kaiapoi, and the country,) to meet monthly, -by public notice. Seven members competent to'business,and meetings to be held for the first year at Christchurch." "That it be strongly recommended to the managers as eaily as possible to take measures for thecompletion%ftlie hire or the purchase of the most eligible steam boat for transit of passengers and cargo to and from the plains, whether effected in tin's province, or other ports, and subsequently if necessary to put forward the construction of another boat in England, in order more fully to realize the entire objects of this association, viz. :_ a regular, frequent, economical communication with Christchurch, Kaiapoi, and the coast.'' Bye Laws and Regulations. That no subscriber be allowed to vole at the general meeting, unless the call or calls shall have been paid upon his respective share or shares'. That three managers retire annually, but may be re-elected at the annual meeting. That an annual meeting be held in the first week in .April, to elect officers and managers to -fill up vacancies, to receive the managers' ] report for the year, to include a financial report verified by the signatures of two shareholders (as Auditors) not being members of the Board oi management. That all cheques be drawn at the meetings .of the board, to beru: ihe signatures of three ;jnaija<rer*, and lo be countersigned by the Setvrcuiry of the Association.