Page 4 Advertisements Column 1

Nelson Evening Mail, Volume VII, Issue 147, 21 June 1872, Page 4

SOUTH PACIFIC STEAM NAVIGATION COMPANY [Limited.] Capital £200,000, In 20,000 Shares of £10 each; £6 of which will he 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 morey will be returned in full. Provisional Directors: Ho_i. Edward Cohen, M. P. Charles Croaker, Esq (Messrs. Croaker, Sco.t, &Co.) Lbarles Ibbotson, Esq. (Mesrs. Dalgety, Ibbotson & Co., Geelong ) Hon. C. J. Jenner M. L. C. Captain Hugh Macmeikau. R. TWENTYMAN, Esq. Bankers : Union Bank of Australia. Solicitors : Macgregor, Rams at, & 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 firs.-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 underrneitioned well-known vessels, now the property of Messrs. McMeckan & 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 390 ... 70 In addition to tie steamships, Messrs McMeckan and Blackwood will Sell to the Company the Corner Block of Flinders and Eing -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 £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 he 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 £34,743 (the Albion did not commence running until December), showing a return of upwards of 15 per cent, per annum. Prospectuses, Forms of Application, and full particulars can be had from the : under signed, is empowered to receive applications for shares, ; with deposits, which must accompany each application. 920 i THOMAS PAWTHEON,, Agent. t