Page 4 Advertisements Column 1

Manawatu Standard, Volume 4, Issue 238, 10 September 1883, Page 4

PBIO'^F EC i U ••-, . ; . OF THE - ' WELLINGTON MEAT F RESERVING AND REFRIGERATING COMPANY. (Limited.) To be Registered under tbe Joint Stock Companies' Act, 1882. , CAPITAL "., : v^4 > 5b ' 00(y -' Is 6000 Sn ares of LlO Each. With power to iccreaße Payable— Ten Phillings on aPP Ucatlon ,^?" Shilli-RS 6n allotment ;and;snLßequenHy by Calls net exceediaß- at the tate of Five Shillings per month per Share. Provisional Directory. . The following gentlemen will act on the Company's behalf until the »Ppo»ntment of the permanent Board by the Shareholders .- John T. : Dairy mple, Esq., Waitatapia. Char^hnsto^Es.., M.H.R. (Messrs Johnston & Co.) . Hon. Robert Campbell, M.L.O. ; W . Waring Taylor, Esq. J. G. Wilson, Esq., M.H.R. •Donald Fraser, Esq. ' ' John MoUennan, Esq. Oi-Ona Downs Charles B. Izard, Esq. (Messrs Izard ana Bell) ./'._:'- •■'■ •- . ,n : .F. H. Krull, Esq. (Messrs Krull and Oo) Joseph Abbott, Esq. Wanßanui J. McMenamen, Esq. terawbiti j ;,.-■ John Stevens, Ktq. ' (Messrs Stevens and - Gorton, Bulls). ;•;. -> '. .'- " James Smith, Esq. (Messrs Turnbnli, Smith, and Co ) ; •■ : C. 0. -Hurray,' Esq. (Messrs Murray, Roberts, and Co) '...'. James Bulh. Esq: Bulls '■""__ A. H. Miles, Epq. (Messrs Murray, Robert, and Co,> '.-,••..'" John P. Russell', Esq. Wangai-Moana Alfred Matthews, Esq. Featherston Andrew young, E?<_. ' E. J. Riddiford, Esq. George Luxford, Esq. - . _.- F.B. Larkwortby, Rsq. Carnarvon, Estate, Sanson ':•','"'■. ■' U«„' With power to add tq tneir numper. v ;. , BiHKBHS ; : Tho_Coionial Bunk of New Zealand. :'.: ■.!'.'.■ SdIICITOBS/ Messrs Izard and 'Bell. ' Ihtbbim: Secrbt_b_. - . ' Henry Wright. , -.' Tempor-BY Offices. Temple _ Chambers™ AU expenses m connection ; with- floating the Company prior to registration .to De borne by the' Vendors. ■'• ' .-.. The objects with ; whfc_ this Company is projected are to purchase, continue, and extend the'bhsinessee-of Messrs J. and a. Barber, and Woods.-Crosbie, and Co., which have been so successfully carried on for many years past, consisting. of six retail shops, meat presefvihg and boihng-down plsnt eompleterpaddoofes, yards, ho. ses, carts, and aU the appliances -neceßsaTy for conducting 1 the extensive business which, now exists. A schedule of the various properties used m the bus.ness is appended at loot, and the values bavinglieen ascertained by a competent independent -aluator, and approved by tbe Provisional Director*, it is proposei dto take them : oVer; et the s-um of L 18.783 es vide Schedule A, of which the proprietors will retain m paid-up- shares the sum of Ll2 000, leaving^ the balauce to be paid out of calls, and to bear interest at the rate ot a per cent per annum; the payment to extend over a makimum period of five years, or to be reduced by instalments o( not less tban LJOOO each, at any earlier date, at the option of the Company. -'■._- All hook debts will he taken over as they now stand m the books, and they will be imaranteed at 20s m the ponud by the vendors. Live stock,' tallow, horses, carts, and several, smaller properties not already valued, vide Sc-edule B, will be taken at "a valuation r on delivery: but all other articles and property of whet kind soever will be deemed to be included m the valuation esti-, mate of 1i18,789 ss. „ The Company will be registered as soon as L 25.000 baa been subscribed for, m addition to the paid-up shares to be retained by tbe Vendors, aud the shareholders will then be - called together to elect a permanent Board and adopt Articles of Association. . On the \Begistration of the Com [any, Messrs Barber; will at their own cost con ' tinue andb icomplete the erect : on of 'a new slaughter. house at Kgahauranga, and will remove there, from its present position m "Willis-street, the whole of their meat preserving machinery and plant. It is intended to ta_e power m the Memorandnin of Association to enter upon the business of freezing meat for export, or to amalgamate with any other. Company, or to purchase aoy business established, for .that purpose, and to manufactu*e artificial manures or other products whfch may be considered eg timate adju ct to the business : but for the pr s^nt, a: east it is. deemed prudent Co. resV- satisfied witn the known profits of the bustnessen as.tbej staud, without embarking* m more sffculative ventures, and it is evident J hat he combination of the two establishments i nd r one manaKement rnus*. result m increased profits and largely dimini shed.e xpenses. Tbe co_ft)ined businesses show, a net profit ef over tS per cent, nhd it is confidently ctpectcd ''that" when conducted under one head, this may be considerably exceeded, ; < < The*success ) which has attended the Gear Meat Company since its establishment as a public Company, shows conclusively that such businesses are more systematically and advantßgeVusly worked and extended ,m t_i« way fhfth by 'private enterprise; and it is for this 'reason that Messrs Barber, and Woods, Crosbie and Company are willing to sell tbeir lespective business to a. Company while still retaining a very large' interest themselve ; ;and they have agreed to place their services at the disposal of the Company for such time as the DiresWrs may require, and not to engage- m any businesses m competition with this Company. . The resources of. the Wellington district, m the way; of sheep and cattle, are so large and increasing, and the demand for preserved meats m England and elsewhere so much m excess of the supply, that a business of this kind is capable of almost inftaite extension, and presents to capitalists the opportunity of a safe and profitable investment,, whilst to stockowners it a_ -rds the means of securing a fair value for their produce. The Provisional Directors have given tMir* c&refil consideration to the ProposedGompdny, and have hal submitted to' them Oy their own valuator tJte de'aiUd^Vttl' 'tions of tlte various properties obe taken over; They hil theyca". with confidence reconmefld this •undertaking to ili&PuVic as oi-e whic'i is entered upon on afav> basis, and, which promises yield a handsome return on the capital invested, aswll as by the extension of the business adding to the material' 'prosperity of the City und the itbekoioners of tlie surrounding districts. The Authorised Brokers are :" — Wellingten^ i>_ACO_T & BUSHELL' « ~_. j AUT HUH- WAKBUJi • TON <_ '""O Wairarapa— LOWES & lIiJNS, Mas- ... 4 terton. Wanganui^-H i; TILLY . . BuIIs— STEVENS <fc GORTON Feildinjr— HALCOMßE & SHERWILL Palmerston^SrEVENS & GORTON Foxton -THYffNE, LIXTO^, & CO. From whom Prospectuses and all in* formatibn' can be" obtained, or from HENRY WHIGIIT, # . Interim Secretary, Temple Chambers, SPECIAL KOTICE. MHS I»pN.p.,N t Pressmaker, requests rli-tt' all meß-a>?es, lettersj all parcels' ot wrrk intended for her may b - 1< ii at Hr^ H- atwctf ur the t q 'aie, to whim they wi 1 Le kc|-t till vul.ed i