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CANTERBURY 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 beiug necessary to secure a fair trial of tbe 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 los. 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 aud managers (all honorary.) be duly appointed at the first general meeting of subscribers, and that all monies for shares be paid into the Lyttelton branch of the Union Bank of Australia, and do stand in ihe names of the said Trustees in the bank books to the credit of the said association. "That immediate steps be taken to ensure subscribers to this project, and that as soon as the sum of £1,500 he received, application be made to the Provincial Government, soliciting, that £1,000 voted in aid of this object be added to tbe 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." "Thatwhen £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 early as possible to take measures for the completion ofthe hire or the purchase of the most eligible steam boat for transit of passengers and cargo to and from the plains, whether effected in this 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, and economical communication with Christchurch, Kaiapoi, and the coast.'' Shares _leeady taken. Jas. Spowers 10 — Beard 6 W.Donald 10 A.Perceval 6 P. B. Boulton lo — Coxhead 4 Studholme, Brs. 10 C.Rose 10 H. Sewell 1 0 H. J. Tancred 10 C. C. Bowen _o J. E. Fitz Gerald 10 I. T. Cookson 2o Jno. Hall 10 R. Rhodes 25 D.Lewis 5 Geo. Rhodes 2 0 I. Luck 1 0 CR. Blakiston i 0 J. Lloyd 1 0 R. Waitt 10 — Re'es 5 J.T.Parkinson in Jno. Dudley ]q M. J. Burke in Jas. Wylde 1 0 J. S. Wortley 10 D. H.Snevd 5 B. Woollcombe ]0 A.S.Sadler 5 Macdonald & Co. 20 Ben. Jeffs 5 H.I. Cridland 10 Jno. Raven 5 R. Wormald 10 J. Fuller 5 R. Latter 20 A. G. Rich 5 A. R.Creyke 20 J.G.Elmer 2 A. Lean 10 R.Hamlet 3 J. Ollivier 10 J.Harrison 2 E. Dobson 10 A. A. Dobbs 5 G. & S.Scott 10 —White 5 S. Gun dry 5 W. Revel 5 Gee & Co. 10 C. Sidey 2o B. W. Muter 5 Jas. King 5 Jno. Collier 10 H. Jones' 5 J.G. Fyfe 5 A. Bayfield In F.Mason 10 R. Packer 10 M. Cryer 10 J. E. Thacker 10 H. J. Le Cren 20 —Joyce 10 G. Gould 20 It is intended at the next Session of the General .\ssembly to apply for a Bill to Incorporate the jihove Company, thereby limiting the liability of the shareholders.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/LT18550414.2.3.1

Bibliographic details
Ngā taipitopito pukapuka

Lyttelton Times, Volume V, Issue 256, 14 April 1855, Page 2

Word count
Tapeke kupu
671

Page 2 Advertisements Column 1 Lyttelton Times, Volume V, Issue 256, 14 April 1855, Page 2

Page 2 Advertisements Column 1 Lyttelton Times, Volume V, Issue 256, 14 April 1855, Page 2

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