Page 3 Advertisements Column 6

Nelson Evening Mail, Volume VIII, Issue 311, 29 December 1873, Page 3

W. Stavert & Go's Advertisements. ABRIDGED PROSPECTUS OP THK UNION STEAM SHIP COMPANY OF 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 M per Share to be called up at present, payable as follows : — los- per share oa application; 10s. on allotment; 20s. in three months after allotment; and the remaining 40s. in calls of 10s. each succeeding three months. PROVISIONAL DIRECTOES. E. B. Cargill, Esq. (Messrs Cargilts and M'Lean) A. C. Strode, Eaq.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. (ATessrj G. Gray Russell and Co James Mills, Esq. (Harbor Steam Company) James T. Mackerras, Esq. (Messrs J. T. Mackerras and Co.) T. S. Graham, Esq. (Messrs Bing, Harris, and Co.) Arthur W.Morris, Esq. (Otago and Southland Investment Company) James Smith, Esq. (Messrs 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, aud Co.) H. P. Murray-Ansley. Esq. (Messrs Miles and Co. Chriatchurch) George Oould, Esq., Merchant, Christchurch. Bankers : National Bank of New Zealand. Solicitors : Messrs Smith ,and Anderson. Interim Secretary : James Mills, Esq. This company has been formed for the purpose of providing more efficient steam communication between the different ports of New Zealand— the want of which hps been much felt for some time past, and which is becoming mare perceptible as the growing tnde of the colony is developed. It is desired to establish a weekly line of Steamers between Otago and the principal Northern ports, to put on a steamer betweea Dunediu and the West Coast Ports of the Middle Island, and also to provide for the efficient conduct of the 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 s— Three first-class Steamers for the trade between Dunedin and Manakau, to be boilt in Europe, and capable of carrying from 400 to 500 tons of cargo, fitted with compound engines and the latest improvements,, and with superior passenger accommodation, suited to the requirements of the present day. These steamers will be o' such class and speed as will ensure every facility to shippers of goods, and convenience to the travelling public One boat of smaller capacity and light draft of water, especially adapted to the trade to the West Coast of the Middle Island. With a view to commencing operations without delay, it has been srranged to take over, on the Ist of January nest, the steamers M ori, Beautiful Star, and damson, belonging to the Harbour Steam Company's fleet, and also their new steamer, just built on the Clyde, specially for the Timaru and Ljttelton trade, and which is expected to arrive in the colony early in February. Thes^ vessels will at once create a revenue for the Company, and, it is believed, wiU be sufficient to carry on the trade of the ports on the Coasts of Otago and Canterbury. Mr James Miils, who has so successfully conducted the business of the Harbor Company from its commencement, will continue to acfc as Manager of this Company. It is estimated that, to carry out these 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 of interest. This arrangement will enable larger dividends to be declared on the paid-up capital. Out of the total number of shares, the proprietors of the Harbor Company will take 7,500 paid up to the 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 are therefore eonfidont that, by the employment of vessels of the character indicated, fitted to work with the utmost economy, and mccc 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 ibr Shares will be received by the Interim Secretary, »t his office, Harbor Chambers, Dunedin; aud by Messrs. Miles and Co., Hereford Street, Christchurch; also, at the Office of the National Bank of New Zealand (Limited) Or to J W. STAVERT & CO., Agenfea. Nelson, Bth Dec, 1873. 3144 UNION STEAMSHIP COMPANY OF NEW ZEALAND (Limited.) mHE LIST of APPLICATIONS for SHARES X in the anove Company will be CLOSED oa TUESDAY, 6th January, 1874. W. STAVERT & CO., Agents. Nelson, December 19, 1873. 3359 RATIONAL INSURANCE COMPANY op NEW ZEALAND. Capital . . . One Mhaxok. In 100,000 Shaeea of £10 each. Paid-up Capital . . £50,000 Directors : J. L. Butterworth, Egg' John Cargill, Esq Henry Driver, Esq W. J. M, Larnach, Esq Richard Oliver, Esq • Evan Prosser, Esq George <*ray Russet, Esq Keith Ramsay, Esq Robert Wilson, Esq The' Company issues FIRE POLICIES ON WOOL while shearing iv Woolsheds. Also, Floating Policies on Wool from sheep's back, or from Woolahed till delivered in London. AlbOj Floating Policies to and from. Australian and New Zealand ports, saving ration trouble to the insured. Als«>. Policies for Time and Voyage on Hulls of Ships os Steamers Fire Risks are taken at the lowest current rates, Wm. STAVERT & CO., Agents. 'aojjl