.x Public Companies P-: K:0 S P E : O T XT S ■ ■ • •OF, THE ;■ I ' AUSTRALIAN AND NEW ZEALAND STEAM SHIPPING COMPANY, ■ (Limited.) Head Office, Melbourne. Capital, £250,000, in 26,000 Shares of £lO 1.’:,:.; each.’ ' ■ ‘ ■ To be registered under the Companies Statute, 1864, and the liability of the Shareholders ! will be limited to the amount of their sub- . scribed shares. It is intended to call up £IOO,OOO within the next twelve months, payable, £1 per share on application, £1 10s. on allotment, and the balance'by calls not exceeding £2 10s. each, but on not less than three months’ previous notice. £50,000 of the amount to be called up has already been subscribed in Melbourne and New Zealand before the issue of this Prospectus. ■ . . PROVISIONAL DIRECTORS ! With Power to add to thb Number. (To remain' in office for twelve months after the registration of the company.) Joseph Clarke, Esq., Melbourne - 1 David Spence, Esq., of Messrs. Spence 1 Bfte and Co., Melbourne ' 'fJ. H. White, Esq., of Messrs. J. H. White and Co., Melbourne H. B. Donaldson, Esq., of Messrs. H. B. Donaldson and Co., Melbourne William; Crosby, Esq., of Messrs. William Crosby and 06., Hobarton and Melbourne Jas. McCulloch, Esq., Queen-street, Melbourne William Young, Esq., of Messrs. William Young and Co., Melbourne Wm. McPherson, Esq., Invercargill, N.Z., of Messrs. Wm. McPherson and Co. W. J. M„ Laknach, Esq., Dunedin, N.Z., of Messrs. Guthrie and Larnach Walter Turnbull, Esq., Wellington, N.Z., of Messrs. W. and G. Turnbull and Co. William Laidlby, Esq., of Messrs. William Laidley and Co., Sydney. bankers: In Melbourne—The Colonial Bank In New Zealand—The Bank op New Zealand. I PROSPECTUS. This company is projected by gentlemen largely interested in the New Zealand trade, under the conviction that the existing communication is inadequate for the work. The promoters are convinced that the growing requirements of the trade call urgently for additional steam communication.
They confidently believe, and are assured by many of the principal mercantile firms here and in New Zealand, that an important expansion of the traffic will certainly follow the commencement of the company’s operations. The promoters are already in possession of particulars and prices obtained from some of the first ship builders in Great Britain, of steamers best suited for the trade -with New Zealand, New Caledonia, the. Fiji Islands, &c. Such steamers may be briefly described as vessels of large capacity on such a draft of water as will, enable them to take their cargoes to and from the wharves, with accommodation for about 200 first and second-class passengers, and steaming fully twelve knots an hour, with the latest improved, compound engines for economising fuel and space. The promoters have great confidence in placing the present enterprise before the public, based on the marked success of the large an*l increasing number of steamers trading on our coasts, their being now registered as belonging to the port of Melbourne sixtyone steam vessels of all descriptions, which have grown out of the earnings of twelve steamers of all sorts belonging to the port in 1853, and the increase of vessels employed in the New Zealand trade is perhaps more marked than any other. It is desired further to direct attention to the following facts, tending to the advantage of the project, viz.:—The stimulus to trade by the established telegraphic communication between the two countries. The greater facilities for development of the large grain producing interest, manifest in the growing trade of Oamaru and Timaru, as well as the more southern parts of the Middle Island, for which produce Victoria can find a permanent market. The prospect of an earlyrevision of the Victorian tariff in the interests of trade and commerce. The curative properties of the Hot Springs of New Zealand as tending to promote an increase of visitors in quest of health. And the large number of steamers and passenger ships from Europe, India, China, and America having their termini in Australian ports, carrying an increasing number of passengers for or from New Zealand. All which growing interests will tend to the advantage of the new company. Following the plan of late adopted in England by recently-formed shipping companies, it is proposed that the business shall be managed in Melbourne, as an agency, under the control of the directory, thus avoiding the outlay for a large and costly establishment. Gentlemen have lately visited New Zealand in the interest of the proposed company. They met with a most cordial reception, received numerous subscriptions, and promises of support among many sections of the community. In fact, New Zealand and Melbourne interests are thus so extensively, enlisted in the company, as shareholders and otherwise, that the new line of steamers cannot fail to obtain that ample support which' will render the enterprise a success. In conclusion, the promoters would invite intending investors to make prompt applications for shares, to enable them to contract for the building of the new ships while the cost of construction rules low, as at the present time. There are no special advantages offered to any shareholders, and therefore no promoters’ interests to be paid. If no allotment is made, the deposit money will be returned in full. Forms of application and all information are obtainable from the company’s brokers, Melbourne," who, will receive appfications accompanied by a deposit of £1 per share, and from the provisional directors or their appointees in New Zealand, and at the branches of the Bank of New Zealand. ' • The articles of association, when prepared, will be open for inspection at the branches of the Bank ‘of New Zealand in New Zealand, and at the brokers’ in Melbourne. : Share list-will close on 30th September next. Application for shares to be made to " W. & G. TURNBULL & CO ; ,Or, to 1 S. CARROLL, Broker.
Properties for Sale FOE, SALE. —A Leasehold Station of 4000 acres, • adjoining the Township of Otaki,' with 3000 sheep and 15 horses. Improvements, boundary fence, woolshed, sheepyards, house, shearing-paddock,' and others. Grass seeds largely sown. For further particulars apply to A.; J. HADFIELD, Otaki ; 011 EDWARD PEARCE. Wellington, July 29, 1876. B USINESS FOE DISPOSAL, MASTBRTON. IN The Goodwill 'of the oldest-established Blacksmith’s and Wheelwright's business in Mastertou. The premises, consist of blacksmith’s shop with two forges, large shoeingshed, wheelwright's shop and cartshed, situate on the main road ; held under lease, ten years. of which are unexpired. Tools and iron on hand to be taken at a valuation. For terms and particulars, apply to " WYLLIE & GIEDLESTONE, Auctioneers and Commission Agents,; Masterton. F [OR . SALE. VALUABLE - FEEE- «. HOLD PROPERTY IN ormerly known as the Victoria Hotel. , ' i- The situation is one of 1 the highest in the ownship, above the reach of -floods. It faces in? of the main streets, and commands a deepiyer frontage. Tho buildings are in good re-lai-r and let to eligible tenants, • ■ Apply to A. P. STUAET & CO.. Wellington.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/NZTIM18760831.2.22.4
Bibliographic details
Ngā taipitopito pukapuka
New Zealand Times, Volume XXXI, Issue 4818, 31 August 1876, Page 4
Word count
Tapeke kupu
1,143Page 4 Advertisements Column 4 New Zealand Times, Volume XXXI, Issue 4818, 31 August 1876, Page 4
Using this item
Te whakamahi i tēnei tūemi
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.