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SOUTH PACIFIC STEAM NAVIGATION COMPANY [Limited.] Capital £200,000, In 20,000 Shares of £10 each; £6 of which will be at once called up, viz., £1 on application, and £5 on allotment. For the convenience of Investors, one-half of the called amount may be paid by bills at three and six months, bearing 8 per cent, interest. If no allotment is made, the deposit money will be returned in full Tons ; Horse Power. OMEO 820 ... 120 ALBION 806 ... 160 ALHAMBRA 765 ... 140 TARARUA 692 ... 155 GOTHENBURG ... 674 ... 120 CLAUD HAMILTON 668 ... 100 RANGITOTO 574 ... 140 ALDINGA 447 ... 140 COORONG 390 ... 70 In addition to the steamships, Messrs. McMeckan and Blackwood will Sell to the Company the Corner Block op Flinders and King-streets, Melbourne, upon which their present Offices Stand,, with other Buildings let to tenants. Provisional Directors. Hon. Edward Cohen, M. P. Charles Croaker, Esq . (Messrs. Croaker, Scott, & Co.) ' Charles Lbbotson, Esq. (Mesrs. Dalgetty, lbbotson & Co., Geelong.) Hon. C. J. Jenner M. L. C. Captain Hugh Macmeikau. R. Twentxman, Esq. Bankers : Union Bank o_ Australia. Solicitors : Macgregor, Ramsay, 8s Brake. Broker : John Watson. Secretary, pro tern : Edward Langton, M. P. Temporary Offices'^: 68, Temple Court, Melbourne. The object of the company is to procure and maintain a fleet of first-class steamers, to be employed in the trade between the several Australian Colonies and New Zealand, and in such other branches of trade as may be considered advisable. In the first instance, it is proposed to purchase -x the undermentioned well-known vessels, now the property of Messrs. McMeckan & Blackwood. The price at which the Steamships' Premises and Good Will of the Business are offered to the Company is £165,000, which includes all the spare gear, sails, yards, shafts, propellers, machinery, &c, whether on board or ashore, and all stores and coals aboard when ships are taken over. There will be no Promoters' Shares, and Messrs. McMeckan & Blackwood pay preliminary expenses. Messrs. McMeckan & Blackwood are willing to take £50,000 in shares, or such other amount as the Provisional Directors may determine on. That the undertaking will be eminently profitable, may be gathered from the fact that the net earnings of eight of the vessels for the year 1871 was £34,7-13 (the Albion did not lommence running until December), showing a eturn of upwards of 15 per cent, per annum. Prospectuses, Forms of Application, and * tarticulars can be had from the undersign n s empowered to receive applicationp ' J ? rith deposits: which must accon" , ,' wno lation. - for shares, [20 THOMAS *>-■"' " 9my each appU " SSo LET, af" ' OAWTHRON, Agent. _L COT 1 *" " — lat^ _ONVEND_NT five-roomed h- a AGE, in. Thorough Repair, SHED, | " _.R LAID ON, GARDEN, ACRE OF S.-iOUND, Well Enclosed, TOI-TOI VALLEY, Snext to Dr. Williams' Property, known ai IaRUNDLE COTTAGE, at a Low Rent. 921

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https://paperspast.natlib.govt.nz/newspapers/NEM18720427.2.10.1

Bibliographic details

Nelson Evening Mail, Volume VII, Issue 101, 27 April 1872, Page 2

Word Count
462

Page 2 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 101, 27 April 1872, Page 2

Page 2 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 101, 27 April 1872, Page 2

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