W- Stavert & Go's Advertisements. ABRIDGED PR O S PECTUS OP 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 £i per Share to be called up at present, payable as follows -. — los- per share on application; 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. 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. Lamach, Esq. (National Bank) , John Jiichard Jones, Esq., Matanaka J. M. Ritchie, Ksq. (Messrs G. Gray Russell and Co James Mills, Esq. (Harbor Steam Company) James T. Mackerras, Esq. (Messrs J. T. Mackerras and Co.) T. S. Graham, Eaq. (Messrs Bing, Harris, and Co.) Arthur W. Morris, Esq. (Otago and Southland Investment Company) James Smith, Esq. (Messrs Smith and Anderson) Heury Driver, Esq. (Messrs Driver, Stewart, and Co.) Alexander Burt, Esq. (Messrs A. and T. Buv'^ Charles ft] ' Queen, 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. Interim Secretary : James Mills, Esq. This company has been formed ior ihe purpose of providing more efficient steam communication between the different ports of New Zealand — the want of which lips been much felt for some time past, and which is becoming more perceptible as the growing trade ofthe colony is developed; It is desired to establish a weekly line of Pteamers between Otago and the principal Northern ports, to put on a Bteamer between Dunedin and the West Coast Ports of the Middle Island, and also to provide for the efficient conduct of the trade two andfrom the several smaller Ports on the Coasts of Otago and Canterbury. For these purposes the following new vessels w_l be required : — Three first-class Steamers for the trade between Dunedin and Manakau, to be built 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, nnd 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 arranged to take over, on the Ist of January next, the steamers Mnori, Beautiful Star, and Samson, belonging to the Harbour Steatu 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 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 commenccmenr, will continue to act as Manager of thia Company. It is estimated that, to carry out these proposals, a capital of £150,000 will he 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 ot the total number of shares, the proprietors ofthe Harbor Company will take 7,500 paid up to the extent of £i 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 aro 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 publio, by providing improved facilities and accommodation at reduced rates. Applications fbr Shares will be received by the Interim Secretary, at his office, Harbor Chambers, Dunedin; 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 FOR SALE. nnEA in chests, % chests and boxes. Seasons— JL 1872-3 Soap in cwt, aud i cwt boxes Hops, Neleon 1873, and Tasmanian, 1878 Sugar, Victorian Company's & Mauritius 3105 Wm, STAVERT & CO . TIO LET, that convenient STORE iv Trafal-gar-stree-, lately occupied by Mr Rentoul. with Fittings all complete. Also, the DWELLING-HOUSE attached, con taining Kitchen, Dining, Drawing rooms, ao iour Bed-rooms, &c, &c. Apply to Wm. STAVERT & CO., IS • 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 consist of 230 acres ot land, 160 acres of which are cleared, subdivided into paddocks, fenced, with post and rail and quick fences, and Jj_d down fn English grass. • The Dwf>Ynng-hoase, mos t substantially built* contain e jg nt ro oms, each 16ft x 161t, with wide passages both up and down stairs, kitchen, dairy &c, Sic. There is a comfortable Four-roomed Cbttage near to the dwelling-house. The Orchard is large and well etocked with fruit trees. On the land there are about 30 bead of Cattleand 200 Sheep, which can be taken by valuation. rf v . Frice small and terms easy. For particulars, apply to Wm, STAVERT & CO., 2683 Agente
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM18740114.2.11.6
Bibliographic details
Nelson Evening Mail, Volume IX, Issue 12, 14 January 1874, Page 3
Word Count
1,003Page 3 Advertisements Column 6 Nelson Evening Mail, Volume IX, Issue 12, 14 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.