Page 4 Advertisements Column 1

Manawatu Standard, Volume 4, Issue 230, 31 August 1883, Page 4

Pit O e»._ P E O J U • OP THE WELLINGTON MKAT PRESERVING , AND REERIGBRATI^G COMPANY. ; (Limited.) ( J To be Registered under the Joint Stock "Companies' Act, 1882. : J CAPITAL .. .. ... £50,000. In 5000 Shakes ob Llo Each. With power to increase Payable— Ten Shillings on application ; Ten Shillings on allotment ; and subsequently 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 jippoinfcment of the permanent Board by the Shareholders :— John T. Dairy m pie, Esq., Waitatapia. ■" Bulls. Charles Johnston, Esq., M.H.R. (Messrs Johnston & Co.) . . Hon. Robert Campbell. M.L.O, W. Waring Tavlor, Esq. J. Gr Wilson, Esq:, M..8.R. Donald Fraser, Esq. ■• John McLennan, Esq.- O^oua Downs: Chßxleßiß/£^rd ! , E&q. (Messrs Iz»'d ! ana " „ Bell), : -x • ■ F.H. Krull, Esq. (Wessrs Krali and Oo) Joseph Abbot! , Esq, Wa nganui J. McMenamen, ,Esq^ Terawhiti John Stevens, Esq. (Mess's Stevens and Gorton, Bulls) — z James Smith, Esq. (Messrs Turnbuli, Smith, and Co.) ' "■ ; O. C. Murray, Esq. (Messrs 1 Murray j Roberts, and Oo) ' James Biill, Esq; Bulls i A. H. Miles, Esq. (Messrs Murray, Robert, and Co,} . ; John P. Russell, Esq. Wan jai-Moana . Alfred Matthews, Esq. Feathers ton Andrew Young, Esq. E. J. Riddifpra, Esq. George Luxford, Esq. F. B. Lark worthy, . Esq. Carnarvon Estate, San son • ' WitTa power to add to their number. .:••-■■; ; ■ •' ; R4.NKfi^ ; : ';• ' . • . ■'■■ Tho Ooloniaißa^k ■ ofNeW Zaaland 1 . SotICITOKS. Mesßrs Izard and. Bell. . InISRIM SECRErAKY. j 'Henry Wright. f Temporaby Offices. Temple Chambers. \ ' All expenses m connection with floating the Company prior to regisiration to be boine by^ the' Vendors. ; ,-.. . ~lne objects with' wh|ch ttn's Conapanyi is . projected are to' p r u»"obflSe, continue, aDd extend the businesses 6c Messrs J. anci iH. Barberj and Wdoda, C psbiej and Co., which have been so sitccessfolly carrieii on for many -years past, consisting of >ix reto'l &'«.' ops,_ meat preserving and boiling-down plcnt Qomplete, paddocks, yards, horses, caits, and all -the appliances necessary; for conducting the extensive business l which; now exists. ; ..A schedule of the vaiious -properties used inthe business is appended 1 at fool, and the values having been ascertained by a competent independent Taiuator, and approved .by 'tbe Provisional Director?, itis proposed to take them over at the sum of Llßj7B9jos vide Schedule A, of whioh the prbprietoip will retain m paid-up shades the sum jof Jjl2 000, leavmg the balance to be paid dut of calls, and to bear interest at >be. rate of 8 per cent per annum ; the payment to extend over a maximum period of five years, dr;fco i be reduced by instalmenis ol not less than LJOOO each, at any earlier date, at the opiipa of the Company. •' ! All book debts will be taken over as they now stand m the books, aad they will be guaranteed at 20s m ' the pound by the I ' vendors. Live' stock, tallow, botses, carls, and several smaller properties hot already valued, vide Scuedale B, will be taken ail a valuation on deliv.erv: -but all other, articles amd property' of what kind sqevee will be deemed to be-inclrded m the valuation estimate of L 18 ,789 ss. • ■■■■■" i The Company will be registered as soon as ,\L25,060 has been sc,bscribe4 for, ;n aaditipn r "'\j the paid-up shares to beietained by tbe • : "V\ndors, andthe : shareholders will then be i. called together to elect a 'petraanent Board and s^ppt Articles of Association. ' Od rShe Registration of the Company, •Mesajrs JSayber iWill'at fcheir own cost, con tioue, aodNcomplete the erection of a. new slaughtet.hafge at Ngabaaranga, and. will remove th«re\Jrom its' present position m Willis-'streek, tW whole of their meat pre- . serving macoißeiy and plaut , It is intended toS»ike power id tbe Memp- ; random of Associat^n to enter upod the .. business of freezing i^eat. for export, or to amalgamate with any oilier; Company, or to pmebase any business 'eatablisbfd for that - ■ purpose, aMJ;o manufacture artificial ma nmesor othfr products which may be con. aidered legitiriate adjuncts to tbebusiuW; ' ' but for the prtseujt, at least, it is deemed ' pfufledt'to resL^atisfied with the knowh • profits'of the businesses asfcbej staud, wiihoiit rmV"" vlp ff m "o^^peculative rentuies, and t , itis evident that.ths^mbjnation o f thß two establishments under dw manaaement musi ..result m ineieasedprofiisNod lately diminished expenses. . v \, " ' ". '. 'The combined businesses sßvy a. ne t p ro fifc ef over 15 percent/ and it iflf^oafideutly - expected that when conducted p\sQ t one head, this may be considerably e.-cceedi^. The success wbioh lias attended the^ear Meat Company since its establishmeut a&. a public Company^ sbbwe conclusively thai such busiaesses are more systematically and advantageously worked and extended i^i ' thin way than by privaie eutcipuse : and it , is for this reason that- Messrs Bather, and Woods, Crosbie and Company are willing to sell tbeir lespective business to a Company while still retaining a very large interest " themseive ;and tHey have agi eed to place their seiwi^es at. the fH.sposal of the Company for such time as the Direitsrs may require, and not to engage m any businesses m competition with this Com pan j. The resources of tho Wellington disUict, m the way of sheep aud cattle, are so laige ■ and increasing, and the demand for preserved meats m England and elsewhere so much m excess of the supply, chat a business ' of this kind iscapuole of almost infinite ei> tension, and piesenls to capitalists tbe opi portunity of a safe and piofiiable investment! whilst to stockPwners it affords the oicuns of secadug a fair value for, tbeir produce. . .' The: Provisional Directors have given ihei? careftl consideration to the Proposed Com uany, and have had sub.mxtted to them by their own valuator, t the detailed valuations of the various properties obe taken over. Thiy itsl, they can with confidence recommend this undertaking to tlie Public as one which \s entered upon on a fair basis, and, which' promises to yield a handsome rettun on the capital , invested, as well as by tlie extension of the business adding to the material '■ prosperity of the City and the sib'ekowners of the sun'ounding districts. ...-.• • -. - \ The Authorisefd" Br6kers a«e :— \ Wellington— DEACOjST '& B'USffGLL «. -, ARTHUR WALIBUB.-. 4 TON, & CO. Wairarapa— LOWES & Hi JNS, Masterion Wanganui— H. TILLY BaIIs— STEVENS & GORTON Feilding— HALCOMßE & S HER WILL Palmerston— Sl'EVEN S & GORTON FoiIon— THYNP?E,L[NTON, & CO. From whom Prospectuses and cli hi* foimation can be obi.3*ned, or ."••ora HENRY VVKIGHT, Interim Secvetarv, Temple Chambers, SPECIAL NOTICE. MBS. LONDuN, Dressmaker, rei quests tbat all messages, lexers, or parcels ot wnvk intended lor her may be left at Mrs Beaioo's m i.be J-qna'e, by whom tbey wi 1 be kept till cubed | lor. ' j