p & v■* i» W c t v r "wbtjlington°V£!t PRESEROTG.: and' befhigerating company. f . .'.(tIMITJtD.) ';■!•'- - " To b* Registered u^der /^ Joint Stoc^ Companies'. Act, ibim.. CAPITAL .r.T - * 50 » 000 / "In 6000 Sharks of Llo Each. .j , ; : With power to inoteaae _ SMUinW on, aaotment ; and^Btttsequ / byVJalls net exceeding a .the state ot Shillings per month per buare. Provisional, Director!/, The' following gentlemen will .a* on the me Io ; lo rl°f,. K *; nti i to fe appointment of Company^ beh * ,! " Q *„A:„ shareholders:--the permarient^oard by the W" J John T. Dalrymple, Esq., Waitatapia. Char^ , !rohnstpn„Es a .3.H.R. &**> „ ; Johnston & Co.) _ Hon: Robert Campbell, M.L.C. WrWaring Taylor, Esq. ■' '■ - ! J. G. Wilson, Esq., M.H/R. > DonddiErawrrEsq^^-^ »~ ™T~ ~ •'- John McLennan.-Esq. Oroua D^wns Charles B. Izard, Esq. (Messrs Izard ana F. H. Krull, Esq. (Messrs Krall and Co; Joseph' Abbotf, Esq- Wanganui J. McMennmen, Esq. Terawhiti JohriStevensi'Hls^ (Messrs Stevens and Bulls) ' _ , . James Smith, Esq. (MeßSis Turnbull, C. Q.^iMttrrayjirEsq.: Murray, Roberts, and Co) : . ' James Esq. Bulla A A. H l .' Miles, Esq, (Messrs Murray, Robert, and Co.V John P. Russell, Esq. Wangai-Moana Alf red.Matthews, Esq. Peatherston Andrew Young, Efq. E. J. Riddifprd, Esq. George tuxford, Esq. . . _ P. B/ Larkwortby, Esq. . Carnarvon Estate, Sanson ... i ,Withpower to add to tneir number. • :i rr! B4.NKEBS : . -"* tooOolonial Bank of New Zealand. ".V"'^'.'.' . ..; SpuciToks. ,\ , ;. .. ■; Messrs Izard and Bell. -Iktbbim Secretary. ■-_--■ •' :' v 'Henry Wright.;' " ' Tem^or'aby Ofpicjes. '"'" Temple /Chambers. All expenses m connection- with .floating the Company- prior to, registration to be borne b'rthe Vendors/ ' " •'■;/... i" The objects -with which this Company is projected areitd purchase,' continue, and ex-tend-the-basinesses of Messrs J. and U. Barber, and Woods, Grosbie, and Co., which bare been so'successfully carried on for many years paW consisting or 'six retail shops, meat preserving ' and . boiling-down plant eomplete,paddocks, yards, horses, carts, and. all the appliances, necessary for conducting the extensive ibusiness which no wj . exists, i . A schedule of the various properties used, m Ch^business is appended at foot, and the values having been ascertained by a competent independent valuator ana; approved by tbi Provision'arßirectori^ it is proposed to take' them over : ' ; at ,; the Futri^ of-'lil*Bj7B9 ssi vide .Schedule A, ' of, which • the proprietors will retain m paid-up shares the sum of 1.12 000, leaving the balance to be paid out of calls, and "to bear interest "at the rate of 8 per cent per annum ; the payment to extend oyer 'a' maximum' period of five years, or to be raduce'dby^instalments ofinot less than LJOOO each, at any,.earlier, date, at ,the option of the Company. All bopkdebtB will be taken oyer. as. they noHv'starid-m ; the books, aiid they /will he. guaranteed' at 20s m the ! pound by the" vendors. .Live stock, fallow, borsesj carts, : and several; smaller properties not .already valued, vide Schedule fe, wilt be taken at a valuation oh delivery; but all other articles and* property v>t "whet kind ! soever will be deemed to be included m the -valuation estimate qf LlB^S9 5s fi ,■> The Company will be registered as soon as L25,600.ba8 been subscribed for, m 'addition to the paid-up shares- to be retained iby r the Vendors, aud the • shareholders < Will then be called together to, electa .permanent : Board and adopt Articles of Association. On the Registration of the Company, Messrs Barber will at their own coßt con tinne and complete the erect on of a newslaughter, house lit Ngahauranga, and will remove) there, from it a- 1 "present position m. \yuliB-^trfet, ; the whole.> of their meat «pr^ serving machinery andiplant. : J It is intended to take power m the Memorandum of Agsocittion to enter upon the business of freezing meat for export, or to amalgamate with' any other Company, or to purchase any business established; for that purpose, and.to .mauufactuuß artificial .manures or other products which may be considered eg'timate i.dju ct» to the business • but for the prtSeot, at least; it is deemed prudent. to jest, satisfied 'with the known profits of the |)UBinesse^HB thej s.taud, without embarking iainbre speculative ,Tehturefl,' and it is evident tbat the combination of the two establishments unidr one management musi result m increased profits and largely diminished expenses. - r ' \ »The combined businesses show a net profit ef; over 15 per cent, and it is confidently expected that when conducted uuder one bead, this may be considerably exceeded. . "'The success which has^attended the Gear ' Meat Uompany since. its. .establishment as a public Company, .ahowg ; copolusiyely; thjat guch businesses are more' systematically and advantpgeousiy worked 'and extended m thin' way than by private enterprise ; and it is for this reason that- Messrs Barber, and Woods, Crosbie aud Company are willing to ■sell their lespective business to a- Company •while, ; still' retaining a . very : Jarge interest themselve ;and.i hey have agreed to place their services at the disposal of the Company for such time' as the Dire^tsrs- may require, and not to engage m any businesses m competition with this Company. : .The resources of the Wellington district, iri the way o f sheep and cattle, are so large ah'd increasing, ami the demand for preserved meats : io England and elsewhere so much m excess of the supply, that a business of this kind is capable of almost infinite extension, ;and;presents to capitalists; the opportunity of a safe and profitable investment, Whilst to stockowners it. aff >rds the means of ■ecuriag a fair value for their produce. _; The Provisional/, Directors have g\ven. thei* carefi- 1 .consideration to the Proposed Company, and Jtaveliad submitted to, them, by their own valuator the de-ailed vabitions of the various properties o be .taken ? over. They Hal, theyca v : with coiifidenee recov mend this unfyrlakingtptliePub'ic.asoKe wluc\ i« entered upon on afiir basis, and, which promises to yield a handsome return on the capital invested, as wdl ashy ..the extension of, the business adding to the mccterial prosperity of the City anO, the stockoibners of the surrounding districts. ' - " - v The Authorised Brokers., are,:— I > Wellington— DEACON. &. BUSHELIj " — ARTHUR WAKBUR- /; .... ■.,. TON, & CO. ! ..Wairarapa— LOWES & IRONS, Mas r terton ' Wangaiiui—H. TILLY BuIhi— ST.ETENS & GORTON:. _.. Feilding— HALCOMßE '& SHERWILL Palmerston-STEVENS & GORTON Foxton-^THYNNE, LTSTON, «fc CO. .; Prom whom Prospectus<}B and all in* formation can- be obtained, or from >V ><.'^ ' ' HENBJY WRIGHT, x r Interim Secretary, " T - '-■•/■.■•; \ Temple dhamb'ert, « -'-> *■•* ' •'■•■- ■ ; .. :r ly.'- - h Valuable' DrsdoVEHv ""obthb HAia.fJJ your hair is turmrig grey pr> white, or falling off. nse ''The Mexican Hair Renewer,' for ;t will positively restore m every case Grey or White hairsi to its oiignal cojour, without .leaving, the disagreeable, smell of mda^KeBt6fe>s. a It makefe the hair charminiily beantifpl, »s weil as frpmoting the growth of hair on bald spotei where the glands are not decayed. Ask your chemist for ' The Mexican Hait^e'new>r,:s9ldby.ctieaiistB.a.ndjp§rfumers everywhere
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https://paperspast.natlib.govt.nz/newspapers/MS18830920.2.30.1
Bibliographic details
Manawatu Standard, Volume 4, Issue 247, 20 September 1883, Page 4
Word Count
1,099Page 4 Advertisements Column 1 Manawatu Standard, Volume 4, Issue 247, 20 September 1883, Page 4
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