Page 4 Advertisements Column 1

Manawatu Standard, Volume 4, Issue 261, 8 October 1883, Page 4

V OF THB * „,.,__- WELLINGTON MBAT PRESERVING AND REFRIGERATING COMPANY. -M«iii-t "'-fcti&^iZZ -Zvr " Tol*Rt^rek^ Companies' Act, IBMCAPITAL f. . , ... «. *«V"ty 7 "ir 5000 S-ABis or LJfl BAOH\ 'With power to increase Payabia-r-Tsn Bhfflbiga on '-*Wjf*!«n_y _ hilling on and^Ljeouentiy by C_Us net exeeeding a : the i rate ot *}" Bhmings per month per SbatS. ■ ProvmM Directory. _ The followi_g gentlemen will Mtort the O^inf . bebflf until the JW^"^* to pSSSanent Board by tWShwehoWers:JohrT.; »*-.. 'V?***' QlJ^Joh^, Esq- M;H.B.<Me-«. Johnston & Co.) - . ,• ■ Hon. Robert Campbell, M.L.U. W. Waring Taylor, JBsq^ J. G.Wilson, Esq,, M.H._f. Donard 'Sftasr, Esq, . « , ; , John McLe__anVEsci. Ordua Downs Charles*. Kadi Esq. (Messrs Izard and F. H. Krull, Esq. (Messrs KruU and Oo) Joseph Abbotf, Esq. Wanganu. J. McMenamen, Esq. Terawbit-John-Stevens. Esq. (Messrs Stevens and Gorton, Bulls) m . * ■ James Smith, Esq. (Messrs Turnbull, C. C.*^myrEsq. (.Mews Murray, Roberts, andOo) James Bull. Esq. Balls ';'."" '■_ A. H. Miles, Esq. (Messrs Murray, Robert, and Co,V \x, John P. Russell, Esq. Wangai-Moana Alfred Matthews, ISsq. Featherston ♦ Andrew Young, Esq. X. J. Riddif ord, E-q. George Luxf ord, Esq. _. F. B. LarkWbrtby, Esq. Carnarvon Estate, Sanson - •'"..' With power to add to their ntttnoer. ' ''^Z -Bahmbsv . T_it(foioni^ knk of New Zealand. , _ JSouciiobs- «• Meisrs'lzird and Bell. v .'.•: Henry Wright. :iji .. T-xpor_-Y o_ Koas. < Temple Chambers. All «_pensss f ib ''.eimec'tioj- I With floating the Company prior to registration to be borne by the Vendors. .•-->•;• f*. . Ihe olqeota--wth--w_ic_-ihis Company is projected are to, purchase, continue, and extend the. bosipesseir.of Messrs J. and a. Barber", and Woods, Crosbie, and Co., which have been m snoceMsfnlly carried on for many years past, consisting of ,ix MUil ****** meat preserving and boiling-down, plant •ompletf.jM-doeks, yards, horses, outs, and all the, appliances necessary f ot conducting the extensiTebnsihess Which pow exists. ' A sohedule of the various properties uesd tn the business is appended at fboW and tbe values having bean [ascertained by a, competent independent valuator, .And approved by tbe Provisional D-rectbrs;' it is proposedto take them oxer at the sum 0fL18,789 5s vida Schedule A, of which the proprietors will retain m paid-up shares the sum of LIS 000, leaving the balauce to be paid out of calls/ and to bear interest at the rate Of 8 per oent per annum ; the payment to extend over a maximum, period of five years, or to be reduced by instalments ot not less than LlOOOstch, atany earlier date, at the option of the Company. All book debts will be taken over as they now stand m the books, and they will be guaranteed at '3os m 'the pound by the vendors. Live stock, tallow, .horses, carts, and several smaller properties not already valued, vide Schedule 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 ths valuation estimate ol L 18.789 ss. ' The Company will be registered as soon as 1*25,000 has been subscribed for, m addition.! to the paid-up shares to be retained by the Vendors, aod the shareholders will then be called together to elect a permanent Board and adopt Articles of Association. . On the-Bagistration of the Company, Messrs. Barber will at their own cost eon tinue and complete the erection of a new. slaughter .'house at Ngahanranga, and will remove l there, from ita present position m Willia-^twet, the; whole of their meat presarring machinery and plant. It is intended to take power m the Memorandum of Association 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 pnrpoae, and .to tnre artificial ma- . nures or other products which tnay be con. aidered legitimate adjunct* to the business ; bat for the present, at least, itis deemed prudent to rest satisfied with the known profits of the businesses as the} stand, without •mbarkrag m more speculative ventures, and it is evident that theedmbihation of the two establishments under one manaKement most mult m increased profits and largely diminished expenses. The combined businesses show a net profit •I over' 16 per cent, and it is confidently expected.. that when conducted under one bead, this may be considerably exceeded. - Tbe success which has attended the Gear Meat Company ainoe its establishment -as a pnblle Company, shows conclusively that such businesses are more systematically, and advantageously worked- and- extended -in' this way than by private enterprise ; and it is for this reason that Messrs -Barber, and Woods, Crosbie and Company are willing to sell their isspective business to a Company while still" retaining a very large interest themselve >v;«_dthey have agreed to place, their servi\£i Wt The disposal of the Company for such time as the Directors may require, •nd not to engage m any businesses m competition with this Company. The ttsbnrces of the Wellington district, m the way of sheep and cattle, are ao large and increasing, and the demand for pre. served meats m England and elsewhere so mnch 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 affords the means of securing a fair value" for their produce. The "Provisional * Directors have given their careful consideration/fa the Proposed Company, and have had submitted to them oy their own valuator the detailed vah-otions of the various properties -6 be taken over. They feci they can with- confidence recommend this undertaking to the Public as one which i« entered upon on a fair basis, and, which promises to yield) a handsome return on the capttal invested, or well as by the extension of the business adding to the material prosperity of the City and the stockowners of the surrounding districts. '-'■- The Authorised Brokers are :--. Wellington-^ DEACON & BUSHELL •« — ARTHUR WARBUR.. TON & 00 Wairarapa— LOWES A IRONS, Masterton ... Wanganui— H. TILLY . . ■ ■ Bulls-STEVENS & GORTON Feilding— HALCOMßE & SHERWILL Palmewtoo^STEVßNS A GORTON ~ Foxlon-THYNNE, LINTON, &CO. From whom Prospectuses and all in* - formation can be obtained, or from ._ HENRY WRIGHT, Interim Secretary, Temple Chamber., . TALUABia DrSOOVEBY Fob thb Haib.— If your hair ia turning grey or white, or falling off, use "Tbe Mexican Hair Benewer,' for it will positively restore m every class Grey or White hairs to its orignal colour, without . leaving the disagreeable smell of most ' Res) orers;' Itmakes the hair charmingly beautiful, as well as promoting the growth of hair on batd spots, where the glands are not decayed. Ask your chemist for ' The Mexican Hair Benewer, soldby chemists and perfumers cvsrywbsrs, . - '" - " ' ;■