W. Stavert & Co's Advertisements. ABRIDGED PR O S PECTUS 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 £4 per Share to be called up at present, ; payable as follows :— los- per share on appli- ' cation; 10s. on allotment; 20s. in three months after allotment; and the remaining 40s. in calls of 10s. each succeeding three months. PROVISIONAL DIRECTORS. E. B. CargiU, Esq. (Messrs Cargills and M'Lean) 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. Laruaeh, Esq, (National Bank) John Richard Jones, Esq., Matanaka J. M. Ritchie, Esq. (Meisrj G. Gray Russell and Co James Mills, Esq. (Harbor Steam Company) James T. Mackerras, Esq. (Messrs J. T. Mackerras andj'Co.) T. S. Graham, Esq. (Messrs Bing, Harris, and 1 Co.) Arthur W. Morris, Esq. (Otago and Southland Investment Company) James Smith, Esq. (Messrs Smith and Anderson) Henry Driver, Esq. (Messrs Driver, Stewart, and I Co.) Alexander Burt, Esq. (Messrs A. and T. Burt) Cnaries M'Queen, Esq. (Messrs Kincaid, M'Queen, and Co.) H. P. Murray-Ansley, Esq. (Messrs Miles and Co. Christchurch) 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 effieient steam communicaiion between the different ports of New Zealand— the want of which hns been much felt ior some time past, and which is becoming more perceptible as the growing trade ofthe colony is developed. It is desired to estitblish, a weekly line of Steamers between Otago and the principal Northern ports, to put on a steamer between Dunedin and the West Coast Ports of the Middle Island, and also to provide for the effieient 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 trade between Dunedin and Manakau, to be bnilt 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 of such class and speed as will ensure every facility to shippers of goods, and convenience to the travelling public One bout 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 arranged to take over, on the Ist of January next, the steamers M^ori, Beautiful Star, and Samson, belonging to the Harbour Steam Company's fleet, 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 a revenue for the Company, and, it is believed, will be sufficient to carry on tbe 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 cupitai 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 ofthe Harbor Company will take 7,500 paid up to the extent of £4 each and tho remaining 17,500 are now offered to investors, Iu recommending this investment to the public, the Provisional Directors may state that large profits are now being made by steamers on the Const 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, and meet the growing traffic without undue strain, tho 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; aud 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 FOR SALE. TEA in chests, i chests and boxes. Seasons— 1872-3 Soap in cwt. and J cwfc boxes Hops, Nelson 1873, and Tasmanian, 1878 Sugar, Victorian Company's & Mauritius 3105 Wm. STAVERT & GO TO LBT, that convenient STORE in Trafal-gar-stveos lately occupied by Mr Rentoux 5 with Fittings all complete. Also, the DWELLING-HOUSE attached, con taining Kitchen, Dining, Drawing rooms, an four Bed-rooms, &c, &c. Apply to Wm. STAVERT & CO., 15 Auctioneers DESIRABLE PROPERTY fob SALE. THAT Desirable Property in PANGATOTARA, belonging to Mrs Wroughton The Property is about eight miles from the village of Motueka, and consists of 230 acres ol land, 160 acres of which are cleared, subdivided > into paddocks, fenced with post and rail and quick fences, and laid down fn English grass. The Dwelling-house, most substantially built, contains eight rooms, each 16ft x 16it, with wide passages both up and down stairs, kitchen, dairy &e„ &c. There is a comfortable Four-roomed Cottage near to the dwelling-house. The Orchard is large and well stocked witb fruit trees. ■■_•■..., ; Oh the land there are about 30 head of Cattle and 200 Sheep, which can be 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/NEM18740107.2.11.6
Bibliographic details
Nelson Evening Mail, Volume IX, Issue 6, 7 January 1874, Page 3
Word Count
1,002Page 3 Advertisements Column 6 Nelson Evening Mail, Volume IX, Issue 6, 7 January 1874, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.