Page 1 Advertisements Column 3

New Zealand Times, Volume XXXIII, Issue 5440, 3 September 1878, Page 1

Public Companies ) /O LOBE MARINE INSURANCE COM. Hjr PAKY (LIMITED.) , CAPITAL £500,000. Head Office : London. i Risks on merchandise and steamers to aIJ . parts o£ the -world taken at lowest current , rates. Losses promptly paid in 'Wellington, London, 1 or any of the numerous agencies. LEVIN & CO., Agents. ’ ~yiCTOKIA INSURANCE COMPANY, EIRE AND MARINE. Established 1849. ; CAPITAL £200,000 Head Office : Melbourne. Insurance of every description effected at 1 lowest current rates, and claims promptly met. Losses can be made payable in any part of New Zealand or the Australian colonies. LEVIN & CO., Agents. HE NATIONAL MORTGAGE AND AGENCY COMPANY OP NEW ZEALAND (Limited). CAPITAL £1,000,000 (In 100,000 shares of £lO each.) Trustees : Charles Magniao, Esq., 3 Lombard-street, Loudon. Archibald Orr Ewing, Esq., M.P., of Ballikinrain, N.B. Chairman : Henry R. Grenfell, Esq., 27 Upper Thamesstreet, London. HEAD OFPICE : 37 Lombard-street, London. The Company advances on wool and all other produce consigned for sale iu the colonies or London, transacts every kind of mercantile business, and lends money on reasonable terms on freehold and other approved securities. EDWARD PEARCE, Agent, Wellington. INSURANCE COMPANY. All classes of EIRE RISKS in town or country taken at current rates, EDWARD PEARCE, Agent. nnHB SCOTTISH AND NEW ZBAJL LAND INVESTMENT COMPANY, LIMITED. Capit.il—£soo,ooo. This Company is prepared to make Advances to farmers and others on freehold or leasehold properties at the Lowest Current Rates of Interest, and to arrange for 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. RANS ATLANTIC FIRE INSURANCE COMPANY OF HAMBURG. THE above Company is prepared to accept risks in town and country at lowest current rat WHITTEM, NICHOLSON, & CO., Agents. IMPERIAL FIRE INSURANCE COMPANY. Established 1803. CAPITAL £1,600,000. Fire risks of all classes in town and country accepted at Lowest Current Rates. Prompt and liberal settlement of claim. KBULL & CO., Agents. THE NEW ZEALAND TANNING AND LEATHER MANUFACTURING COMPANY (LIMITED). To be Incorporated under “The Joint Stock Companies Act, 1860.” Capital—£2o,ooo in 2000 Shares op £lO Each, With Power to Increase to £50,000. Payments—los. per Share on application ; 10s. 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 balance to exceed 10s. per share, or be 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 in January, 1879. Provisional Directors : J. Guilford, Esq., R. J. Duncan, Esq, Ed. Jackson, Esq., E. Port, Esq., J. B. Evans, Esq. Bankers: Bank of Australasia, Solicitors : Messrs. Buller and Lewis. Temporary Offices: Fentberston-street, Wellington, Secretary pro. tern.: 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 Tanning business, situate adjacent to the City of Wellington, and known as the property of Mr. J. Guilford (together with the wholeof the stock, tools, and machinery now in his possession), which Is situated at Beramphore, near Newtown, 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 and skilled labor, will be able to command a trade second to none in New Zealand. The agreement with the vendor is to take the whole of the plant at a valuation, estimated to come to in all about £4OOO, £IOOO of which amount will be taken by him in paid up shares. The property consists of one acre 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 the 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 in-creased-stock and appliances as will meet these requirements, and to adopt such means as will secure for the Company’s leather the first reputation throughout tho whole of Now Zealand. The business will be carried on by Mr. J. Guilford until the Company enters into possession, and satisfactory arrangements can bo made with that gentleman for his valuable services in connection with tho active management of the Company. The 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 large capital, as it will ho in this case, the Company should prove an investment second to none in the colony. A largo proportion of tho capital has already been taken up by those interested in the Leather trade. Early applications are therefore requested. Prospectus and Forms of Application for Shares may bo obtained from the Bankers, any of the Directors, or at tho temporary offices of the Company, Featherston-stroet, Wellington. Mr. O. K. Jeffs is appointed canvasser and collector to tho above company. J. W, FFROST, Secretary pro. tern.