Page 4 Advertisements Column 2

Nelson Evening Mail, Volume XV, Issue 43, 19 February 1880, Page 4

PR OSPECT U S OT (To be Registered under, the 4oint Stock; Companies' Acti.) CAPITAL : £ 25,000, -IN s,ooo^SflAßfiS OF £S , EACH. 20s. payable on application, 20s. on allotment, and the bolanco inj Calls of 20*; eacJU at iuterf al» : of one month. : Provisi4naVl)ircctors: JAMES Esq., J.P. DONALD, E«q., J.P. ROBERT LEVIEN, Esq. C. CANNING, Esq. „ HENRY HOUNSELL, Esq. F. H. PICKERING,' 3teQ. P. COOKE, Esq. , W. HADD,OW, Esq. ; General Managtr ; JOHN HONEYCOMB COCK, Esq. Bankers: THE NATIONAL BANK OFrNHW Solicitors: Mebsbs. ADAMS Ie KIBTGDON. .Xh* Company is started in consequence of the -winding up and realization of the bu«inee<» of "N. Edwardß and Co." of Nelson, merchants, by the widow of John Symons^ Esq., £h.e latosole ( pxopri»tor- of the4ma. .^^ponjtlie, opening of4^e}West Coast: Goldtelds in the fkm 6f N.. Edwards A C|o. started aline of ..^■teaß^ers to carry on the trade between Nelson and Wesiport,-@rey mouth, Hokitika, .and other ports on the l^iW»»i Qpapt. The trade |>r<pred a lucrative ohe,and, as occasion other, steam era were bought and added to the fleet, called by the firm the " Anchor Line,"; and, 'the Wjharf known asHh^ JtLsam j Whabp Was bought, and a iarge storei and office were built thereon toj carry op. the business of 'the said steamers, : iciJsdriflogseaueiitly the|Epundr4 known, as the Axchoß; Epu^pKV was ejected uporvtwo jfreehold acres fronting a part -of the beach near the Albion Wharf^ where the ressels can be laid tip for,repkir« within a : few i)2tfa«t;of ;the Fouiidry,and the^aid Foundry was fitted up with -the latest machinery and toola requisite for iite^ers and carrying on a general bcnlermaker jand smith's trade. ■ uTlieipr.esißnttradeiof .the j" Anchor Line "'extends: to- Wellington, ]?Panganui, and JBlenheisa^and almost ,^%f fi*sZf West Coast trade tp» long been, and is now_being, conducted^ by the^e. uThe Port of Nelson being situated midway between these ports epable^jthejijteftmer* to be worked t» tke i greatestmdtAtiiage irpiii Nelson. ■->.-. : '.IJTieJj^amers^iiave recently been<insuj:ed iniLondpnto. thefc extent bf £12,700 at » lowr_premium. rJThe cqaj,^themselves at i&reymouth, and thereby ;^ob tain a return cargo^r whichjenables their owners to carry on a considerable coal trade in Nelson, the goodwill jofwh|ch 71 will 'be af signed:- with' the I steamers tojthe (vompajiy]|"^nd which «a^yberpr^^tahlyi worked in connection with thft, Aljbionj Wha^f. ,;; "^ith,^he Xe^imng the trAdeAina.Heijsion^,and;pre_TQii;ting the breaking up of this complete and owTl^uWe.^rpperty/.Mri ji- Hi D Cpck has entered into an agreement with jMrs. : Symoh8 r: for the transfer of : *\l th.e,.said property to the Company at a price, viz., £21,000, far-below their actual cost, and upon which th« average, earnings of the concern during even the dull times of recent years show a return of over ten per cent interest net profits. The said agreement is printed,at .the, end-hereof for the perusal >of intending shareholders, and enumerates the various valuable properties proposed to be transferred to the Company. The adYa,nsages of purchasing a going concern having, a complete; staff of efficient..©fficenf,are too well -„..» known to need comment, and by the agreement the Company (arc-to take; possession^ and th« . consequent 7, benefit, of the .profit, as from the first day of January, lßßo. .Mrs. Symons herself agrees to take up 500 shares in the The fapt that the present officers .will.tako up between, them, another 500 shares is a» additional guarantee for the: efficient working of the. concern. The Provisional Directors will hold office until the first annual meeting <of the Company, wkoa they will retire Jn. accordance with '-the Articles of Association. . Copies of the Prospectus .and Forms, of. application may be, obtained from any of the branches of the National Bank of .JjTe.w, Zealand and. from Messrs. J. H. Cock & Co., merchants, Nelson, to any of whom, application for Shares may be; made up, to March 20, 1880. AGREEMENT. _ ] This AaBBEHENT ffiadejthJß.24th day „of January, 1880, between, Elizabeth Stmon«, of Allan Bank, . : 'Downfly (Wimbliado.ni Surrey, J 33ngland> widow, of- the'-one-' -par^-and. John "Hpnbtcoxb i Cock, of.tha City of Nelson, in the Colonyj of New Zealand,, merchant, hereinafter galled " the said' promoter," of the other part": Whereas the said Elizabeth Symons, trading as "N. Edwar.ds.aHd,,Co.," is possessed of a fleet of ' known as the • "Anchor -belonging to the Port, of -Nelson, and trading in Cook's Straits ; and i^he .West Coast of New Zealand, and of, a^^oujidry known,as r the "Anchor Foundry," and: of ,aj wharf known V.Vi tho *' '/Albion Wliarf,"- and other property in connection with the foregoing premjises, all, situated: in, the '"'Tqrt of !Nels6n; and whereas the ;said promoter, instructed by the* said Elizabeth Symons, is..desirous of floating, a v joint . Stock, (Dompanyito purchase the. above-mentioned Steamers, Foundry, Wharf, and Premises •ferom i the said Elizabeth Symons, ..and to t qarry on the trade -with . them hitherto carried on by the said Elizabeth Symons, and the said Elizabeth Symons has agreed. to further! the said object, and for the consider- q ation hereinafter mentioned to (transfer' the premises to a Company so soon as it shall.be duly registered lipon ,thei t.e^n3B^hereinaJjter mentioned. Now ; .pis^ agregmenfc witnesseth that each, of them, the said Elizabeth .SymonVaiad the said J. H. Cbck, ;»s. sijch promoter, doth hereby mutually- agree, the ono -with the other of .j.th.em, ii^. manner fo^lo^injr.that is to say— • i 1. That the said^ promoter shall fw-th with proceed to form,^float^ and . duly- register fn/fNew Zealand,. a I Joint Stock Company under tjie " joint Stock Companies A.ct," to.b«;Cjall§d " The Anchpr Steam Shipping Company, Limited." _' '""* . " 2. i The registered office of $h§ s,aid Company shall be in of Nelson" 11 ; ' 3. The objects for which, the; Company is to be established shall be the purchase from the said Elizabeth. Symons of the Anchor Line of gamers, \ Anchor an^d Albioa Whtyrfj, and other prqperty> aii4 jhr ! (^carryjng on^of.the businesses of shipowners, shipbuilders, engineers,^afl'4^e^e.ra| r!^^j|is^.^i^a^i^e^s^iaad ; '^eoai' merchants, : at a^dTrom the Port of Nelson. ': ' i( 4< Th,e i liability of the members of -the said Company shall b« limited. ' i :5. The .capital ; of the .said Company shall be £25,p00, in SQOQ t scares of [£5 each, -whereof ihe said Elizabeth Symons; agrees.:to;^ke up 500 shares. 6. Tb^at from tb^e 3|st December, 1879, until, the complete formation and. registration of the said Com* ''' pany, th^e said Elizabeth Sympnß shall keep the business of th* said eteamero/ foundry, wharf, and pre^ni.SjM distinct and separate from her; other businesses, and shall keep separate accounts ;of all.the. payments j^nd '■ 'V^eipfs'-aiii'd ! thereof. .-•••. M 7J : yhat upon, the. coDop^te formation and registration of the said 'Coaapany, and upon receiving from .^e^sald.Com^ of £7 per cent per anaum .from, the . 3.lst December, last unLiil"pa^ment, the said Elizabeth, Symon3 r ßhaill eoavey, assign, and, transfer to the ,«i»id T Company the foliowing^pfotaerties, viz., Four Steamers, 'called the 'ijjdward/' '". |Cennedy," « Murray," and " Wallace," apd tk§ hulk "Herft," all of the.Po^tof Ifels.on/and all , the gear, . fittings, and appurtenances thereunto, belonging; The Lease, dated 30th day of-May, 1873,. from the .Crown to Jonathan .^JLivick, sub^eoji^ntly. assigned; to John. Symoms, Esq., late of Neleon, deceased, of the Albion-Wharf, for 12 ; jjears,;i^6m the;l,B^day p? ;^anuarj, 18t3, at the yearly of £80, paid up to the Ist, day of Janu ju-y, Vclßf(O f |an4 all the buildings and, working^ plant thereunto belonging^.^eluding the 'Telegraph: plaht^ subject ' : . lio^an^agrXem^i^to'.emplpy^h^ said Jonathan Livick as wharfinger.duripg the currepcy of the said lease, at i a salary of £240 per annum; The Anchor Foundry, comprising- freehold sections 3 1 and 32, City of Nelson, haying a frontage to the Haven' Road of 264 feet, and all the buMmg^ engines, and working plant there- ' vLnio belonging^ The~GrOodwill p^ the coaling arid wharfinger's heretofore carried on in connection , with the said properties; All the said^teamers, foundry, wharfj and. premises are sold as they,, stood on the : " ifiiJaauaryj'lSdo^ and as if they had been delivered on that day. ! 8. , The (3Jomp,any ; jS^all ; hay« fhe benefit of all the profits, n^ade by the said steamers, foundry, and wharf since the 31st iWemb'er last, all the expenses and Loutlay., connected^ therewith, ineludiag a v.Ero^rtipnp^he>su^c ; e. ' ' - ....... „ .9;j;Tha Company, shall. also, sforthwith.pay^to |he. said. EHzabj?tt Svmons for all the coal, material, and (J Btock-invtrade (other than the: working plant) belonging to the said, ste&mers, foundry, and wliarf, according to the valuation thereof made ,on behalf of the said Eliaabeth SymOrirf at the stock-taking about the Ist •:■■ m&szW' iw " r " ■■'"■ "' " " "'■ " " ■" ■'■' ""• ■" "•■"■; - ~ Provided that if the said shall not float and register the ftaid Company before the 30th June, i 1880, this agreement aliatttherffiWfte&^e^uU Jiid' f ToiA.' " fII ' : "' 7 ! ' ' ' ' '" ' "" T •'■'•■ v/h.:?,.* t\.J> Jrk.fi.fi. iri.i jr.;* '..'J. • twwt*-^-"' ?• •"'-• •■'••■ '••j«.- «.-i ■ ; jlx. In w^^KESs ..wherepjf the,j^n. N. Edwards, acting under^and by virtue of a powerof attorney, dated ° * Dlfei 53#3*0>i..iM^y, 1 879, under the hand and seakof the paid Elizabeth $ymoH8 A ' h^horeu&to A subscribed the name of the said Elizabeth 'Symons, and thejsaid'ifohn l'HOg^j^^^^^Tt^^afj^so i^OTn^^bserib^dhwn^^la^^ ' ' *\