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Public Notices. THE drawing for Mr. Carver’s AUT UNION is unavoidably POSTPONED till WEDNESDAY, the sth MAY, at 7.30 p.m., positively. Parties whose names are on the list will please call and pay tbe subscriptions early. Sweepstakes for tbe remaining chances will be thrown before the drawing. OUTH BRITISH FIRE AND MARINE INSURANCE COMPANY. NOTICE TO SHAREHOLDERS. Warrants for dividend for half-year ending 28th February, are now obtainable on application at the office of the undersigned. W. & G. TURNBULL & CO,, Agents, Wellington. 30th April. ELLINGTON AND AVAIRARAPA CARRYING COMPANY. NOTICE. All accounts against the Company must be sent in on the Ist of everymonth, or they will not be recognised. EDMONDSON, SELLAR, & CO, NOTICE.— On and after MONDAY, 10th MAY, all passengers for the Upper Hutt and Pakuratahi are requested to leave town by the 3.50 train. JOHN CUDBY, Coach Proprietor. rpHORNDON PUBLIC BATHS COMX PANY. The third Subscription on account of Shares in the above Company is now due, and Shareholders are requested to pay the same to Mr. Solomon Levy. JAS. WALLACE, Treasurer. Wellington, May 3. ProspectusesPROSPECTUS OF THE NEW ZEALAND ROYAL POTTERY COMPANY (Limited), Registered under “The Joint Stock Companies Act, I 860." Capital : £30,000, in 12,000 Shares of £2 10s. each, of which 800 Shares are already paid up, representing portions of the present capital of the Company. Five shillings per Share to be paid on application, and ss. on allotment. A call of ss. per Share to be made three months after allotment, and no further call to exceed ss. per share, payable at intervals of not less than three months between each call. Provisional Directors : W. A. Murray, denote Henry Clarke, M.P.C., Tokomairiro John McFarlane, Farmer, “Wangaloa James Goodall, Mayor of Milton Andrew. McLaren, Stock-dealer George Coombe, Settler James Elder Brown, Settler Joseph Mackay, Publisher R. W. Capstick, Auctioneer J. M. “Watson, Contractor W. L. Philp, of Philp, Henderson and Co. John A. Duthie, of Capstick, Duthie and Co. George Wilson, Timber Merchant James Finch, Farmer J. L. Soutter, Merchant Thomas Murray, Farmer, Glenore With power to add to their number. Bankers: National Bank of New Zealand (Limited). Solicitor: Donald Reid, Esq. Manager: Mr. John Chetham. Agent for Dunedin: M. W. Hawkins. The name of the Company is the New Zealand Royal Pottery Company (Limited). The Registered Office of the Company is to be established in the township of Milton, in the province of Otago. The objects for which the Company is established arc for the purposes of manufacturing and selling all kinds of Stone, China, Printed, Painted, and Enamel Earthenware ; also, every description of Salt Glaze Stone Pipes, Chimney Tops, Sewer Pans, Fire Bricks, Tesselated Pavements, and Telegraphic Insulators, and to do all things the Company, from time to time, consider to be incidental or conducive to tbe attainment of its objects, or otherwise for its benefit. The liability of the shareholders is limited. The nominal capital of the Company is £30,000, divided into 12,000 Shares at £2 10s. each. The success which has attended the establishment of the Mosgiel Woollen Factory .under, the provisions or me Joint lhuck Act, and the greater facilities and extent to which such undertakings can be conducted by a company as compared with a private individual, has led to the project of the formation of a company, with a view to the purchase of the Tokomairiro Pottery Works, now owned by Mr. W. M. White, and conducting the manufacture of Pottery and Earthenware upon a scale somewhat commensurate with the large market presented in New Zealand and the other Australian colonies; this being the only Pottery Work established in the Southern Hemisphere. The present works were commenced by Mr. W. M. White about a year ago, since which time he has disposed of over £3OOO worth of Salt Glaze Pipes alone, the market for which is steadily on the increase, and beyond the present producing powers of the establishment. During this period Mr. White has also devoted a considerable portion of his time and attention to the preparation of the necessary buildings and plant for the manufacture of all classes of Staffordshire Potteryware upon the most approved principles and latest improvements in machinery used in Staffordshire, and recognised as the best and most economical in the world. The property is situated in the centre of Milton.

Mr. W. M. White has now ready for market large supplies of saleable articles for general and domestic purposes. The present time is, therefore, considered by the projectors of this Company the most favorable opportunity for entering upon the possession of the works, and pushing the manufacture and sale of Potteryware in this and the adjoining colonies. An estimate of the nature and extent of the available market may be arrived at from the fact that the value of such imports into New Zealand alone for the year ending December last amounted to £70,000, of which Otago alone imported £22,000 worth of Potteryware. The Promoters have every confidence that they will be enabled to supply the whole Colonial Market with any article in Potteryware, at a figure sufficiently low to compete successfully with the Home article, while securing a large margin of profit to the Company, who have secured the services, as manager, of Mr. Chetham, for thirty years proprietor of one of the largest English potteries, and practically acquainted with the various processes adopted in every branch of the trade. The services of the present staff—of over thirty thoroughly experienced hands—brought from the Staffordshire potteries direct, and now engaged upon the works, have also been obtained. The projectors have agreed with Mr. W. M. White to take over the freehold property, consisting of three acres of land surrounding the present centrally situated works (secured with a view to their future development), and the large and substantial buildings, with plant and stock, at a valuation, to be subsequently made, estimated at or about £7OOO, including the General Government bonus of £3OO. The amount of goodwill, estimated at £2OOO, Mr. White has resolved to invest in the company in paid-up shares to that amount, so confident is he in the bona Tides of the undertaking in the hands of a public company. The projectors have also secured from Mr. White his right, obtained from the General Government, to remove clay from the lands adjoining the line of railway between Tokomairiro and the Clutha, which clay is allowed by competent judges to be equal to any found in England for manufacturing purposes. The Government are now forming a siding to these clay pits, which are inexhaustible. The projected branch line to the Tokomairiro coalfields has also been surveyed to pass in front of the premises, so that the works will be in railway communication with the raw material, with unlimited and cheap coal supplies, and with a port of shipment; as also with the metropolis and the larger townships of the province likely to form good markets for supplies. The Projectors appeal for support with every confidence to the residents o! Tokomairiro, and the settlers of the county of Bruce generally, as the establishment of this industry has already tended greatly to develope the resources of the district in opening up clay and coal mines, employing a large amount of outside labor, in procuring and carting timber, coal, and clay supplies ; while the recent unexampled prosperity of the township of Milton has been greatly advanced by the presence in its midst of the large number of employes, men, women, and children, engaged upon the works, and which would be greatly increased by a larger proprietary, possessed of increased capital to carry on the works to every advantage. The Promoters also confidently bring the enterprise under the notice of the general public of Otago, as it is a well known fact that nothing so tends to advance the prosperity of a country as the establishment of local industries within its borders, thus preventing the export of capital from the colony for the supplies of everyday requirements. Apart from these considerations, the enterprise itself promises to be an amply remunerative and successful one. The projectors, having given the matter in all its aspects every consideration, have great pleasure in placing the Company in the market, and believe it will prove in every way worthy of public confidence and co-operative support. Forms of application may be obtained from Mr. G. Capstick, broker, Milton ; or Mr. M. W. Hawkins, Dunedin. GEORGE CAPSTICK, Interim Secretary. Form of Application for Shares, Date, , 1875. To the Provisional Directors of the New Zealand Royal Pottery Company (Limited ) Gentlemen,—l hereby make application for shares in the above Company, and hand you herewith tlie sum of £ , being the amount of ss. per share deposit on the same; and I agree to take the said shares, or any less number that may be allotted to me —I am, gentlemen, yours truly, Signature . Name in full Occupation Address Applications for Shares will be received at Messrs. Stevenson and Stuart’s,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18750504.2.19.4

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXX, Issue 4406, 4 May 1875, Page 3

Word count
Tapeke kupu
1,494

Page 3 Advertisements Column 4 New Zealand Times, Volume XXX, Issue 4406, 4 May 1875, Page 3

Page 3 Advertisements Column 4 New Zealand Times, Volume XXX, Issue 4406, 4 May 1875, Page 3

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