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B. R O S P E C. T U S : YfEhTMQTOHf 1 MBAT? 'PfeBSBiRVING' AKD : REFRIGERATING COMPANY. (LptlTBD.) u-tki*.!. /.p.w ■' ■:■'■ t--'. 1 --' = ■•• >j Tobe Begisiered under the Joint Stock n *«-' ' Companies' Act, 1882. CAPITAL '-l.^L £50,000. -—In 6060 Shabks of Llo IBACh. m i i * k-t With ptlwer to increase PAyable— Ten IShiUings on applicatton ; Ten Shillings on aUotmentj and satsequentiy by Calls net excee,dinj{ at the tate of Five Shillings per month pei: Sbare. ' : Provisional Directory. ; The' following gentlemen will act on the Company's behalf until the appointment; of the^rttkheaf-Boardby the Shareholders fc*, JoH^T; Ul DalrympW Esqi, Wkitatapia, Bnlls. • - , rfw « «-, Charles Johnston, Esq., M.H.R. (Messrs Johnston & Co.) .: • Honi Robert Oampbejl, M.L.O. W. ; Warin ! g Taylor,^ Esq. s J. G. Wilson, Esq., M.H.R. _ Donsld-FraSe*r73lßq; JohnMcLennanv^Bsq. Orona Dowds Charleaß. laard, Euq. (Messrs Izard and F. H: ;^ra)VgEßq^(Mesßrs Kruli and.GoJ Joseph Abbott, Esq. Wanganui < J. McMenamen, Esq. Terawhiti .„....-,>-. John^Stevens.'EM. (Messrs Stevens and Gorton, Bnlls^U lsP.V*i--v.-. James Smith, Esq. ■: (Messrs Turnbuli, Smith, and Go.) ) •.. •• , , / O. G. -itfurrayi^Esq. (Messrs; Murray, Jabberts,-andOoV James Bulli Esq. Bulls A. Hi JAiles, Eeq. ; (Messrs Murray, and Co.) John P. Rußsell, Esq. Wangai-Moana Alfred Matthews, Esq. Featherston Andrew Young, Eea. * E. J. Eiddilord, Esq. v Georgia Lujiordj Esq. : . t i , F. B.^ Lirkwo^tby, Esq.^Carnarvon Estate. Sanson I ! ' Wim power to jadd^to. their number. . >u , u ■',_/ Bakkeps,^! .''• [■■■■'' ■ The ColoniaUßank. of New Zealand. ■ --,!<; SoMCiTOfts; >;::; ' ;■'.■ ; ""\ *•'■ Messrs Izard ( and Bell. ,-i ;ti IsTjtßlll SKOBisiDART, ' „„ . a */- >:i i-iy. ■■■■■■■ ■'■•■■•■ ,;...'. ,. fl Henry Wright. r : . . >j TBIfPO,RABX;O ]p 3 l ' 108S * ; , \ „ o Temple. GJhamb6rß. All expenses m connection with floating the Company prior to registration to be borne Jt)y. the- Vendors./ /■ . : • Iheol?iectß with w;hichj this Company is projedteofaTe to^pWehaße, ipontinue, and extend Ufe'i businesses of Meters J. and H. Barber and Woods, Crosbie, and Co., which have been^oaucceßßfnlly carried on for many yearf .jjMt.v.consisting of Bix. retail shops,meat preserving v and boiling-down plant complew^paddboks^ yards; Koi ses, carts, and all the appliances. neoessary for conducting the extensive business which now exists. A wiedalejof the. yarions: properties nsed m the Cosiness is appended at. fool, and . the values having lieen ascertained by a compe- , tent independent ▼ aluafcor, and approved by tbe Brovisional Directorij it is proposed to take |;heia«6Ter- at lhe''Bum of L 18.789 6s vide 4SchjednJe Aj of. which the>proprietore will retain •m; paid-up . shares the L sain. : of £12,0i)6; leaving the balauoe to belaid out of calls, and to bear interest at the rate of 8 per cent per annnm j the, payment to extend over a maximum .period of five years, or to be reduced by instalments Of not less than LlOOOeich, at, any earlier date, at the option of the Company. . : ;. ■>/ . ?. All book-debts will be taken over as they now itimdin the books, and they will be guaranteed, at, 2os Jxi v the , pound by; tbe Tendon.. Live stock, tallow, horses, carts, , •nd several 'smaller properties not already, valued, vide Sch%dule B, will be taken at a valuation on delivery: but all other articles and property) of. what kind soever will be deemed to be included m,, the valuation estimate9>filß,7B9s.s. t ,, .,-. .;-, ; . i; o . , The' Company will be registered as soon as L 25.000 b"as ; bfeen subscribed for; m addition to tbelpaid-up shares to: be retaiiied by the Vendors, and the-, shareholders t will . then be called tpgether v to elect, a perimanent Board and adopt Articles of Association. V Online' Registration of the Company, Messrs Barber, will afc their own cost coin tiflue. J|nd . jßomplele < the: erection of a new slaughter. bouse at Ngabauranga, and will remove therej from its present position m Willis-street; the whole of their meat preMivingmacDiuery and plant. It is intended to take power m the Memorandani of Association to eater upon the business of freezing meat for export, or to amalgamate with, any, other Company,, or to purcKase' any business established for. that purposeV*nd' tb manufacture artificial ma-, cures or j ■other products which may be coaaidered legitimate adjuncts to the business ; but for the present, at least, it is deemed prudent to jest- satisfied with the known profits of tbe businesses as, Lhej stand, without j embarking m more speculative ventures, and it i« eviderit that the combination of. the two eatabliebments under one management musi ! result m increased profits and largely diminisbed'expenses.' ■ '■''"'■ \ ' ' ' ' The combined businesses show a net profit ef orer- 16 per cent, and it is- confidently / expected .thajs, .when conducted under one bead, this may be considerably exceeded. The success wbich lias' attended the. Gear . Meat-.Compariy since its establishment as a public Company, ; showe conclusively tbat ' such businesses are more systematically and advantagepusly .worked and extended- ib this waythan by priyate.. enterprise : and it ib for, this reason, that Messrs Barber, and Woods, Crosbie and "Company are willing to Bell their iespective bubiness to a Company while »till> retaining a very large interest themselve ;and they have agreed to place: their serfioes at the. disposal of the Company for such. time ,as the Direstars may require, and not to engage"in ' any businesses^in.oom* petitioa with^this Company. ' ' " . The Resources ' of •■ i the; Wellington district, m tbe way v pf sheep ; and cattle, are id' large and increasing, and the demand,. for ,pre> served meats in' England and elsewhere so mucb-in excess of the supply, 'that a business of tbiaiuid, is capable of 'almost 'ifannite extension,, and jpresents to capitalists 1 tbe op> portunity of a safe and profitable investment, whilst^to'stoc'kowriers it affjrds the means of ■ecnriag a fair value for their produce. Th$ t .\ J(?rosißibnal have given .their : careful consideration to the Propp/iedCcmpaTiy^ and have had submitted "to them ■■!< by 'their own valuator the detailed \ valvMions of tlte various properties io be rtaken: over, iT.hey *ebl they cafawitK confidence recommend this undertaking. to. the Pyblie as one which is entered. upon on a fair basis, and, which promises , to yield, a handsome return on the papttal invested, as well as by the extension of the business adding to the 'material ; .prosperity fof ■ the City and the stockowners of the surrounding districts. „; :. .. : The Authorised Brokers are: < Wefflngton—^DEACON. & BUSHELL * '— ARTHUR WARBURWairarapa^.' liQ WES % IR 3NS, Mas- " - ■' terton * ' ..' , Wanganui—H. TILLY BaIIB—STEVEN& & GORTGH" Feilding— HALOOMßE & BHERWILL Palmerston^STEVEifS«& GORTON FoxIon— THYNNE, LINTON;& CO. From whom Prospectuses and all in* '.formation! can' Be obtained, or from - HENRY WRIG^V^ ; '.. 1 '" * ' '' " Ji Interim Secretary, , . .Temple Chambers; »y*' *•••'•"'■••'■• ,-/.:■■■;■::■ „,■■■,. j, SIPEC^L NOTICE, -i - MBS LONDuit, Dressmaker, re« quests rneßs&ge'd, 1 letters, or parcels di work intended for her may be left at Mrs Beaton's m the j^qnare, by whopi \thfy will be kept 'till ' dulled tot. tWlt< " „•;• -," n.i

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https://paperspast.natlib.govt.nz/newspapers/MS18830829.2.32.1

Bibliographic details

Manawatu Standard, Volume 4, Issue 228, 29 August 1883, Page 4

Word Count
1,081

Page 4 Advertisements Column 1 Manawatu Standard, Volume 4, Issue 228, 29 August 1883, Page 4

Page 4 Advertisements Column 1 Manawatu Standard, Volume 4, Issue 228, 29 August 1883, Page 4

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