Page 3 Advertisements Column 6

Nelson Evening Mail, Volume VIII, Issue 310, 27 December 1873, Page 3

. W- Stavert & Co's Advertisements. ABRIDGED PR 0 SPECTUS OF THB ' UNION STEAM SHIP COMPANY OP I NEW ZEALAND (Limited). (To be Incorporated, with Limited Liability under the Joint Stock] Companies Act, 1860). CAPITAL— £250,000, in 25,000 Shares of £10 each, with power to increase and issue Debenture Stock. Only £4 per Share to be called up at present, payable as follows •— ios. per share on application; 10s. on allotment; 20s. in three months after allotment; and the remaining 40s. iu calls of 10s. each succeeding three mouths. PROVISIONAL DIRECTORS. E. B. Cargill, Esq. (Messrs Cargills and M'Leanl A. C. Strode, Esq, R,M. J. A. Walcott, Esq., (Messrs Bright Brothers and Co) P. C. Neill, Esq., (Messrs Neill and Co) W. J. M. Laruach, Esq. (National Bank) ' John Richard Jones, Esq., Matanaka ' J. M. Ritchie, Esq. (Messw (& Gray Russell and James Mills. Esq. (Harbor Steam Company) James T. Mackerras, Esq. (Messrs J. T. Mackerras and Co.) T.S. Graham, Esq. (Messrs Bing, Harris, and Oo.) Arthur W. Morris, Esq. (Otago and Southland Investment Company) James Smith, Esq. (Measrs Smith and Anderson) Henry Driver, Esq. (Messrs Driver, Stewart, and Co.) Alexander Burt, Esq. (Messrs A. and T. Burt) Cnarles M'Queen, Esq. (Messrs Kincaid, M'Queen, and Co.) H. P. Murray-Ansley, Esq. (Messrs Miles and Co. Christchurch) George Gould, Esq., Merchant, ChristchiHCh. Bankers : National Bank of New Zealand. Solicitors : Messrs Smith and Anderson. Interim Secretary : James Mills, Esq. This company has been formed forthe purpose of providing more efficient steam communication between the different ports oOfew Zealand— the want of which h:<s been^a^hfel^r some time past, and which is bggdming moreberceptible as the growing tr : idp*6T the colony is developed. It is desire^fo establish a weekly line of SteamersJßStween Otago and tlfe principal NorthegiTports, to put on a steamer between ffi^din and the West Coast Ports ofthe Middle M<md,and also to provide for the efficient conduct ofthe trade two and from the several smaller * Ports on the Coasts of Otago and Canterbury. For these purposes the following new vessels will be required :— Three first-class Steamers for the tirade between Dunedin and Manakau, to be built in Europe, and capable of carrying irom 403 to 500 tons of cargo, fitted with compound engines and the latest improvements, and with superior passenger accommodation, suited to the requirements ot the present day. These steamers will be of such class and speed as will ensure every facility to shippers of goods, and convenience to the travelj~ UngHublic. /^}ne po»foi smaller capacity and light draft // ( f Qt A ater * especially adapted to the trade ' *'i J / L-^ Weit Coast o£ the Middle Island. f UJwtli a/riep-Cs^commencing operations without d^lawfi^Tiaa l&enfarrarfged to take over, on f the lsfc/or Janu^-j/ nest/ the steamers M*ori, BeautiSil Star, AntiN&ffSoa, belonging to the HarboUr Stea./Compa&y's fleet, and also their new steamer, idst built on the Clyde, specially for the Timaru abd Lyttelton trade, and which is expected to acfive in the colony early in February. These vessels wiil at once create a revenue for the C -mpany, and, it is believed, will be sufficient to carry on the trade of the ports on the Coasts of Otago and Canterbury. Mr James Mills, tfho has so successfully eonducted the business of the Harbor Company ftom its commencement, will continue to act as Manafna: of this Company. 16 Is estimated that, to carry out theae proposals- a capital of £150,000 will be required, and to provide for this it is proposed to call up £4 per share, making a total of £100,000, and to borrow the remaining £50,000 on debentures bearing a low rate oi interest. This arrangement will enable larger dividends to be declared on the paid-up capital. Out of the total number of shares, the proprietors ofthe Harbor Company will take 7,500 paid up to tbe extent of £4 each and the remaining 17,500 are now offered to investors. In recommending this investment to the public, the Provisional Directors may state that large profits are now being made by steamers on the Coast of New Zealand, and they ate therefore confident that, by the employment of vessels of the character indicated, fitted to work with the utmost economy, and meet the growing traffic without undue strain, the Company will be able to secure ample profits, and at the same time promote trade and the convenience of the travelling public, by providing improved facilities and accommodation at reduced rates. Applications for Shares will be received by the Interim Secretary, at his office, Harbor Chambers, Dunedin; and by Messrs. Miles and Co.. Hereford , btreet, Christcliurch; also, at the Offlce of the National Bank of New Zealand (Limited). Oc to " W. STAVERT & CO., Agents. Nelson, Bth Dec, 1873. 3144 UNION STEAMSHIP COMPANY OF ISEW ZEALAND (Limited.) THE LIST of APPLICATIONS for SHARES in the above Company will be CLOSED on TUESDAY, 6fch January, 1814. W. STAVERT & CO., Agents, Nelson, December 19, 1873. " 3350 "RATIONAL INSURANCE COMPANY of NEW ZEALAND. Capital . . . One Million. In 100,000 Shares of £10. each. Paid-up Capital . . £50,€00 Directors : J. L. Butterworth, Esq" John Cargill, Esq Henry Driver, Esq W. J. M, Laruach, Esq Richard Oliver, Esq Evan Prosser, Esq George Gray Russel, Esq ' Keith Ramsay, Esq Robert Wilson, Esq j The Company issues PIRE POLICIES ON WOOL while shearing in Woolfneds. Also, Floating Policies on Wool from sheep's back, or from Woolshed till delivered iL London. Also, Floating Policies to and from Australian and New Zealand ports, saving much trouble tothe insured. ' Alsb. Policies for Time and Voyage on Halls of Ships or Steamers. Fire Risks are taken at the lowest current rates. Wst. STAVERT & CO., Agentf. I .3Q-fg