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W- Stavert & Go's Advertisements. ABRIDGED "* Pr o spec t us OF THE 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 £<L per Share to be called up at present, payable as follows : — los- per share on application; 10s. on allotment; 20s. in throe months after allotment; and the remaining 4Os. in calls of 10s. each succeeding three months. PROVISIONAL DIRECTORS. E. B. Cargill, Esq. (Messrs Curgills and M'Lean) A. C. Strode, Esq , RM. J. A. Walcott, Esq., (Messrs Bright Brothers and Co) P. C Neiil, Esq , (Messrs Neill ana Co) W. J. M. Larnach, Esq. (National Bunk)) John Kichard Jones, Esq., Matanaka J. M. Ritchie, Keg. (Meosrj G. Gray Russell and Co James Mills, Esq. (Harbor Steam Company) James T. Mackerras, Esq. (Messrs J. T. Mackerras and l 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, Ksq, (Messrs Driver, Stewart, and Co.) Alexander Burt, Esq. (Messrs A. and T. Burt) Charles M'Queen, Esq. (Messrs Kincaid, M'Queen, and Co.) IJ. P. Muiray-Ansley, Esq. (Messrs Miles and Co. Ohristchurch) , George Gould, Esq., Merchant, Christchurch. Bankers : National Bank of New Zealand. Solicitors • Messrs Smith and Anderson. Interim Secretary : James Mills, Esq. This company has been formed ior the purpose of providing more efficient steam communication between the different ports of New Zealand— the want oi: which hns been much felt for some time past, and which is becoming more perceptible as the growing trule 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 between Dunedin aud tho West Coast Ports of the Middle Island, and also to provide for the efficient conduct ot the trade two and from the several smaller Ports on the Coast* of Otago and Canterbury. For these purposes the following new vessels will be required : — Three first-class Steamers for the trade between Dunedin and Mauakau, to be built in Europe, and capable of carrying ironi 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 steiimers 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 rapacity 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 arranged to take over, on the Ist of January next, the steamers M-ori, Beautiful . c; tar, and tramson, belonging to the Harbour Steam Company's flpet, and also their new steamer, just built on the Clyde, specially for the Timaru and Lyttelton trade, and which is expected to arrive in the colony early in February. These vessels will at once create ft revenue for the Company, :uid, it is believed, wiU be sufficient to carry on the trade of the ports on the Coasts of Otago and Canterbury. Mr James Mills, who has so successfully conducted the business of the Harbor Company from its commencement, will continue to act 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 £4k per share, making a total of £100,000, and to borrow tlio 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 of the Harbor Company will take 7,500 paid up to the exteut of £4 each and tho 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 confident that, by the employment of vessels of the character indicated, fitted to work with the utmost economy, jind 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, Dunedib; and by Messrs. Miles and Co., Hereford Street, Christchurch; also, at the Office of the National Bank of New Zealand (Limited), Or to W. STAVERT & CO., Agents. Nelson, Bth Dec, 1873. 3144 UNION STEAMSHIP COMPANY OF HEW ZEALAND (Limited.) THE LIST of APPLICATIONS for SHARES in the at;ove Company will be CLOSED THIS DAY (TUESDAY), 6th January, 1874. W. STAVERT & CO., Agents. Nelson, December 19, 1873. 3359 TO LUT, that convenient STORE in Trafal-gar-street lately occupied by Mr Rentotc, with Fittiugs all complete. Also, the DWELLING-HOUSE attached, con taining Kitchen, Dining, Drawing rooms, an lour Bed-rooms, &c, Sec. Apply to Wm. STAVERT & CO., 15 Auctioneers" DESIRABLE PROPERTY fob SALE. THAT Desirable Property in PANGATOTARA, belonging to Mrs Wrouohton The Property is about eight miles from the village of Motueka, and consists of 230 acres ot land, 160 acres of which are cleared, subdivided into paddocks, fenced with post and rail and quick fences, and laid down fu English grass. The Dwelling-house, most substantially built, contains eight rooms, each 16ft x 16ft, with wide passages both up and down stairs, kitchen, dairy &c., &c. There is a comfortable Four-roomed Cottage near to the dwelling-house. The Orchard is large and well stocked with fruit trees. On the land there are about 30 head oi 'Cattle and 200 Sheep, which can he taken by valuation. Price small and terms 'easy. For particulars, apply to Wm. STAVERT & CO., 2583 Agents.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18740106.2.14.6

Bibliographic details

Nelson Evening Mail, Volume IX, Issue 5, 6 January 1874, Page 3

Word Count
1,008

Page 3 Advertisements Column 6 Nelson Evening Mail, Volume IX, Issue 5, 6 January 1874, Page 3

Page 3 Advertisements Column 6 Nelson Evening Mail, Volume IX, Issue 5, 6 January 1874, Page 3

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