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SOUTH PACIFIC STEAM NAVIGATION COMPANY [LIMITED.J Capital £200,000, In 20,000 Shares of £10 each; £6 of which will be at once called up, viz., £1 on application, ard £5 on allotment. For the convent ace of Investors, one-half of the called amoant may be paid by bills at three and six n? oaths, bearing 8 per cent, interest. If no allotment is made, the deposit money will be returned in full. Provisional Directors: Hon. Edw-^d Cohen, M. P. Charles Croaker, Esq (Messrs. Croaker, Scott, &Co.) Li'ARLEB Ibboi'son, Esq. (Mesr3. Dalgety, Ibbotson & Co., Geelong ) Hon. C. J. Jenner M. L. C. Captain Hugh Macmeikau. R. Twenttman, Esq. Bankers : Union Bank of Australia. Solicitors : Macgregor, Rams at, & Brake. Broker . John Watson. Secretary, pro tern : Edward Langvon, 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 the undermentioned well known vessels, now the property of Messrs. MoMeckan & Blackwood. 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 ... .1. 390 ... 70 In addition to the steamships, Messrs McMeckan and Blackwood will Sell to the Company the Corner Block of Flinders and King-streets, Melbourne, upon which their present Offices Stand, with other Buildings lte to tenants. The price at which the Steamships' Premises and Good Will of the Business are offered to. the Company is 4^165,000, which includes all the spare gear,.. sails, yards, ehafts, propellers, machinery, &c., whether on board or ashore, and all stores and coals aboavd 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 £50,0Q0, in shares, or such other amount as the Provisional Directors may determine oh. : That the. (undertaking will be eminently profitable, may be gathered from, the fact that the net earnings of , eight i of i the vessels for the year 1871 -as^Sf^SL (the Albion did not commence running until December,),, showing a return of upwards of 15 percent', per annum. Prospectuses, Forms of Application, and full particulars 1 can be rlad frbm 3 th'e undersigned, is empowered j -to receive applications, . for .sharesj with deposits, which musiaccompany each application. , ,__■_, » .- ;■ , 920 , , THOMAS CAWTHRON, Agent;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18720619.2.12.1

Bibliographic details

Nelson Evening Mail, Volume VII, Issue 145, 19 June 1872, Page 4

Word Count
422

Page 4 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 145, 19 June 1872, Page 4

Page 4 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 145, 19 June 1872, Page 4

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