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W. Stavert & Co's Advertisements. ABRIDGED PROSPECTUS OF THE UNION STEAM SHIP COMPANY OF NEW ZEALAND (Limited). (To be Incorporated, with Limited Liability under the Joint Stock Companies Act, 1860). CAPITAL— £2SO,OOO, 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': — 10s- per share on application; 10s. on allotment; 20s. in three months after allotment; and the remaining 40s. in calls of 10s. each succeeding three monthß. PROVISIONAL DIRECTORS. E. B. Cargill, 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. Laroacb, Esq. (National Bank) John Richard Jones, Esq., Matanak* J. M. Ritchie, Eeq. (Messrs G. Gray Russell and Co Jamc3 Mills, Esq. (Harbor Stoam Company) James T. Mackerras, Esq. (Messrs J. T. Mackerras aud 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, Eeq. (Messrs A. and T. Bui'„ Charles M'Qucen.Esq. (Messrs Kincaid.M'Queen. and Co.) 11. P. Murray-Ansley, Esq. (Messrs Miles and Co. Christchurch) George Gould, Eeq., Merchant, Christchurch. Bankers •. National Bank of New Zealand. Solicitors : Messrs Smith and Anderson. Intkrim Secretary : James Mills, E<q. Tliis company has been formed lor the purpose of providing more efficient steam communication between the different ports of New Zealand— the want of which lv<s been much felt for some time past, and which is becoming more perceptible as the growing tr.idu of the colony is developed. It is desired to est.iblish a weekly line of Steamers between Otago and the principal Northern ports, to put on a steamer between Dunedin and tho 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 : — Three flrst-class Steamers for the trade between Dunedin and Manakau, to be : built in Europe, and capable of carrying irom 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 aud light draft ol 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 Maori, Beautiful . c tar, and Samson, belonging to the Harbour Stea'u Company's fleet, and also their new steamer, just built ou the Clyde, specially for the Timaru aud 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, 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 £4 per share, makiug 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 ot 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 proflts 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, 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 tor Shares will be received* by the Interim Secretary, ot his office, Harbor Chambers, Dunedin; aud by Messrs. Miles and Co., Hereford btreet, Ohristchurcb; also, at the Office of the National Bank of New Zealand (Limited), Or ta W. STAVERT & CO., Agents. Nelson, Bth Dec, 1873. 3144 FOR SALE. rn 15A in chests, J chests and boxes. Seasons— JL 1872-3 Soap in cwt. and * owt boxes Hops, Nelson 1873, and Tasmanian, 1873 Sugar, Victorian Company's & Mauritius 3105 \vk. STAVERT & CO TO Ll</T, that convenient STORE in Trafal-gar-street, lately occupied by Mr Rentoul, 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., Auctioneers DESIRABLE PROPERTY kor SALE. fjnUAT Desirable Property in PANGATOX TARA, belonging to Mrs Wrooghton" The Property is about eight miles from the village of Motueka, and consists of 230 acres ot land, 1 60 acres of which ara 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 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 3Q head of Cattle and 200 Sheep, which can be takea by valuation. Price small andjterms easy. For particulars, apply to Wm. STAVERT & CO., * 6 * 3 Agents.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18740110.2.10.6

Bibliographic details

Nelson Evening Mail, Volume IX, Issue 9, 10 January 1874, Page 3

Word Count
1,000

Page 3 Advertisements Column 6 Nelson Evening Mail, Volume IX, Issue 9, 10 January 1874, Page 3

Page 3 Advertisements Column 6 Nelson Evening Mail, Volume IX, Issue 9, 10 January 1874, Page 3

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