Page 3 Advertisements Column 3

Manawatu Standard, Volume 4, Issue 223, 23 August 1883, Page 3

PhOBPE 0 T U ■ OF THE WELLINGTON MEAT PRESERVING AND REFRIGERATING COMPANY. (LIMITED.) To be Registered under the Joint Stock Companies' Act, 1882. . -CAPITAL £50,000. In 5000 Shakes op Llo Each. ! With power to iucrease Payable— Ten Shillings on application ; Ten Shillings on allotment ; and SiiLsequeotly by Calls net exceeding at the sate of Five Shillings per month per Share. Provisional. Directory. The following gentlemen will act on the Company's behalf until the appointment of ;he permanent Board by the Shareholders : — John T. Dalrymple, Esq., 4 Waitatapia. Bulls. Charles Johnston, Esq.; M.H.R. (Messrs Johnston & Co.) lon. Robert Campbell, M.L.O. V. Waring Taylor, Esq. r . G. Wilson, Esq., M.H.R. )onald Fraser, Esq. oho McLennan, Esq. Oroua Downs Ihsrles B. Izard,' Esq. (Messrs Izard and • Bell) '. H. Krull, Esq. (Messrs Krull and Co) oseph Abbott, Esq. .Wanganui . McMenamen, Esq. Terawhiti obn Stevens, Ecq. (Messrs Stevens and Gorton, Bulls) ames Smith, Esq. (Messrs Turnbull, Smith, and Co.) . C. Murray; Esq. (.Messrs Murray, Roberts, and Co) ames Bull, Esq. Bulls . H. Miles, Esq. (Messrs Murray, Robert, and Co,) )hn P. Russell, Esq. Wangai-Moana If red Matthews, Esq.. Featherston ndraw Young, m<(. . J. Riddiford, Esq. eorge Luxford, Esq. J ,B. Larkwortby, Esq. Carnarvon Estate, Sanson ' With power to add to their number. BiNKEBS ; Tho Colonial Bank of New Zealand. Solicitors. Messrs Izard and Bell. Int_bim Secretary. Henry' Wright.- i Temporaiiy Offices. Temple Chambers. ( a.ll expenses m connection with floating i Company prior to registration to be me by the Vendors. The objects' with which this- Company is jjected are to purchase, continue, and exid the businesses of Messrs J. and H. rber, and Woods, Crosbie, and Co., which re been so successfully carried on for many irs past, consisting of six retail shops, at preserving and boiling-down plant nplete, paddocks, yards, horses, carts, and the appliances necessary for conducting i extensive business which now exists. _ schedule of the various properties used the business is appended at foot, and the ues having been ascertaiued by a compe- I it independent valuator, and approved by i » Provisional Directors, it is proposed to :e them over at the sum of L 18,789 5s Le Schedule A, of which the proprietors 1 retain m paid-up shares the sum of 2 000, leaving the balance to be paid out calls, and to bear interest at the rate of 8 : • cent per annum ; the payment to extend . ;r a maximum period of five years, or to reduced by instalments of not less than 000 each, at any earlier date, at the option ' the Company. _11 book debts will be taken over as they by stand m the books, and they will be iranteed at 20s m the pound by the idors. Live stock, tallow, horses, carts, 1 several smaller properties not already g ued, vide Schedule B, will be taken at a uation on delivery; but all other articles 1 property of what kind soever will be jmed to be included m the valuation, estite of L 18.789 65." Che Company will be registered as soon as 5,000 has been subscribed for, m addition the paid-up shares to be retained by the ndots, and the shareholders will then be I led together to elect a permanent Board I adopt Articles of Association. 3n . the Registration of • the Company, issrs Barber will at their own cost con ue and complete the erection of a new , ughter. house' at Ngahauranga, and will aove there; from its present position m llis-street, the whole of their meat preying machinery and plant. [t is intended to take power m the Memoidum of Association to enter upon the siness of freezing meat for export, br to - algamate with any other Company, or to rcbase any. business established for that - rpose, and to manufacture artificial ma- \ res or other products which may be con- c ered legitimate adjuncts to the business ; { ; for the present, at least, it is deemed ident to rest satisfied with the known 8 ifits of the businesses as the} staud, without * barking m more speculative ventures, and 1 a evident that the combination of the two £ ablishments under one management musi ult m increased profits and largely dimmed expenses. Che combined businesses show a net prSfitj over 15 per cent, and it is confidently pected that when conducted under one id, this may Be considerably exceeded. The success which has attended the Gear ;at Company since its establishment as a blie Company, shows conclusively that :b businesses are more systematically and rantageously worked and extended m , A way than by private enterprise ; and it for this reason that Messrs Barber, and ' oods, Crosbie and Company are willing to i 1 their lespective business to a Company die still retaining a very large interest smselves: and they have agreed to place 2ir services at the disposal of the Company r such time as the Directors may require, • d not to engage m any businesses m comtition with this Company. The resources of the Wellington district, the way of sheep and cattle, are so large d increasing, and the demand for prerved meats m England and elsewhere so uch m excess of the supply, that a business this kind is capable of almost infinite exnsion, and presents to capitalists tbe op>rtunity of a safe and profitable investment, hilst to stockowners it affords the means of curing a fair value for their produce. . The Provisioned Directors have Iven their careful consideration to tlie *roposed Company, and have had sub\\tted to them by their own valuator he detailed valuations of the various roperiies <q be taken over. They +b&l hey can with confidence recommend this nderiaking to the Public as one which is ntered upon on a fair basis, and, which romises to yield a handsome return j n the capital invested, as well as by he extension of the business adding to he material prosperity of the Citj md the stockowners of fhe surrounding listricts. The Authorised Brokers are :— Wellington— DEACON & BUSHELL « — ARTHUR WARBTJRTON, & 00. Wairarapa— LOWES & IRONS, Masterton Wanganui— H. TILLY BuIIs— STEVENS & GORTON Feilding.— HALCOMßE & SHERWILI Palmerston— STEVENS & GORTON Foxton -THYNNE, LINTON, & CO. From whom Prospectuses and all m formation can be obtained, or fron HENRY .WRIGHT, ■' Interim Secretary, Temple Chamber! : special notice; MRS LONDON, Dressmaker, n quests that all messages, letter or pnrcels ot work intended for her mi Ibe left at Mrs Heaton's m theFqnar by whom they will be kept (ill oall< for,