Page 1 Advertisements Column 3

New Zealand Times, Volume XXXIII, Issue 5431, 23 August 1878, Page 1

Publi' C.iii.paiV'BGI,UBE MARINI',. INSURANCE COM- , PANY (LIMITED.) CAPITAL £500,000. Head Orwca: London. Bisks on merchandise and steamers to all parts of the world taken at lowest current rates. Losses promptly pairl in Wellington, London, or any of tho numerous ngencit?3. LTCVIN & CO., Aerents. 'Y'IOTOiaA INSURANCE COMPANY. FIRE AND MARINE. Established 1840. CAPITAL £200,000 Head Office : Melbourne. Insurance of every description effected at lowest current rates, and claims promptly met. Losses can be made payable in any part of New Zealand or the Australian colonies. LEVIN & GO., Aconts. ripHE NATIONAL MORTGAGE AND JL AGENCY COMPANY OP NEW ZEALAND (Limited). CAPITAL £1,000,000 . (In 100,000 shares of £lO each.) Trustees : Charles Mahniac, Esq., 3 Lombard-street, Loudon. Archibald Orb Ewing, Eaq., M.P., of Ballikiurain, N.B. Chairman ; Henry B, Grenfell, Esq., 27 Upper Thameastreet, Loudon. HEAD OFFICE : 37 Lombard- street, London. The Company advances on wool and all other produce consigned for sale in the colonies or London, transacts every kind of mercantile business, and lends money on reasonable terms on freehold and other approved securities. EDWABD PEARCE, Agent, Wellington. IVEBPOUL ■ & LONDON & GLOlilINSURANCE COMPANY. All classes of FIBB RISKS in town or country taken at current rates. EDWARD PR ARC 15. Agent. (IIHE SCOTTISH AND NEW ZEAJL LAND INVESTMENT COMPANY, LIMITED. Capital —£soo,ooo. This Company is prepared to make Advances to farmers and others on freehold or leasehold nroperties at the Lowest Current Rates of Interest, and to arrange tor repayment by instalments if desired. Forms and particulars may be obtained at / the Company's Head Office, Esk-street, Invercargill, or by application to the undersigned. MURRAY, COMMON, & CO., -Agents in Wellington. T B TRANSATLANTIC FIRE INSURANCE 1 COMPANY OP HAMBURG. THE above Company is prepared to accept risks in town and country at lowest current rates. WHITTBM, NICHOLSON, & CO., Agents. IMPERIAL FIRE INSURANCE COMPANY. Established 1803. CAPITAL £1,000,000. Fire risks of all classes in town and country accepted at Lowest Current Bates. Prompt and liberal settlement of claim. KRULL & CO., Agents. THE NEW ZEALAND TANNING AND LEATHER MANUFACTURING COMPANY (LIMITED). To bo Incorporated under “ The Joint Stock Companies Act, I 860.” Capital—£2o,ooo in 2000 Shares op £lO Each, With Power to Increase to £50,000. Payments —lo-. per Share on application ; 10a. per Share on allotment ; and four calls of 20s. per Share, payable on the second, third, fourth, and fifth month after allotment. No further call respecting the balanoo to exceed 10s. per share, or bo made at shorter intervals than two months from the date of the one preceding. It is only proposed to call up half the capital, in order that practical operations can be commenced iu January, 1879. Provisional Directors : J. Guilford, Esq., K. J. Duncan, Esq, Ed. Jackson, Esq., E. Port, Esq , J. E. Evans, Esq. Bankers: Bank of Australasia. Solicitors : Messrs. Buffer and Lewis. Temporary Offices: Featherston-sti eet, Wellington, Secretary pro. tem.: J. W. Ffrost. PROSPECTUS. This Company is proposed for the purpose of taking over as a. “ going concern,” and continuing the working upon a very much enlarged scale of the Tanniug business, situate adjacent to the City of Wellington, and known as the property of Mr. J. Guilford (together with the wholeof tho stock, tools, aud machinery now in his possession), which is situated at Beramphore, near Nowtown, within three miles of the city, and has been in working order for the past seven years. The present proprietor has during that time been extensively manufacturing shoemakers’ and saddlers’ leathers, and now finds the demand so great that increased facilties are necessary to meet the demand ; and being convinced, after several years of practical operations, that a Company with capital introducing the necessary machinery aud skilled labor, will be able to command a trade second to none iu New Zealand. Tho agreement with the vendor is to take the whole of the plant at a valuation, estimated to come to in all about £4OOO, £looo of which amount will be taken by him in paid up shares. The property consists of one aero of land, a new 10-H.P. engine and rolling gear complete, drying and scouring sheds, and about 30 excellently built pits, giving every facility for extensive operations ; approached by a good macadamised road, and easy of access. During tho last few years an enormous demand has sprung up for all kinds of leather, the supply both for the export and New Zealand trade being altogether inadequate to meet requirements, hence great delay and consequent loss to the consumer is constantly arising. It is therefore intended, as soon as the Company is fairly floated, to lay down such increased stock aud appliances as will meet these requirements, and to adopt such means as will secure for tho Corapaoy’s leather tho first reputation throughout tho whole of Now Zealand. Tho business will be carried on by Mr. J. Guilford until tho Company enters into possession, and satisfactory arrangements can be made with that gentleman for his valuable services in connection with tho active management of tho Company. Tho Provisional Directors have not thought it advisable or necessary to prepare any elaborate statements of figures showing probable profit—the fact is well known to all, that such a business, even moderately well managed, is bound to pay very handsomely ; and, when practical experience is combined with largo capital, as it will ho in this case, tho Company should prove an investment second to none in tho colony. A largo proportion of the capital has already been taken up by those interested iu tho Leather trade. Early applications are therefore requested. Prospectus and Forms of Application for Shares may be obtained from the Bankers, any of tho Directors, or at tho temporary offices of the Company, Featherston street, Wellington. Mr. 0. K. Jeffs, is appointed canvasser and collector to the above company. J, W. FFROST, Secretary pro, tem.