Public Companies Globe marine insurance company (LIMITED.) ‘ CAPITAL £500,060. | Hzab OifJiCE : London. J Bisks on merchandise and steamers to all parts of tho world taken at lowest current rates. Lasses promptly'paid in Wellington, London, . or any of the numerous agencies. I LEVIN * CO., Agents. "yiOTOKIA INSURANCE COMPANY. FIRE AND MARINE, Established ISIS. CAPITAL £200,000 Head Office : Melbourne. Insurance of every description effected at lowest currant rates, and claims promptly met. Losses con bemads payable in any part of New Zealand or the Australian colonies. LEVIN * CO., Agents. nPHE NATIONAL MORTGAGE AND JL AGENCY COMPANY OF NEW ZEALAND (Limited). CAPITAL £1,000,000 (In 100,000 shaves of £lO each.) Teustees : Charles Maghiao, Esq., 3 Lombard-street, London. Archibald Orb Ewing, Esq., M.P., of BalHkinrain, N.B. Chairman : Henry R. Grenfell, Esq., 27 Upper Tbamosstreet, London. HEAD OFFICE : 87 Lohbakd-stheet, London. The Company advances on wool and all other produce consigned for sale in tho colonies or London, transacts every kind of mercantile bnsiness, and lends money on reasonable terms on freehold and other approved securities. EDWARD PEARCE, Agent, Wellington. INSURANCE COMPANY. All classes cf FIRE RISKS in town or country taken at current rates. EDWARD PEARCE, Agent. The Scottish and new Zealand INVESTMENT COMPANY, LIMITED. Capital— £soo,ooo. This Compauy is prepared to make Advances to farmers and others on freehold or leasehold properties at tho Lowest Current Rates of Interest, and to arrange for repayment by instalments if desired. Forma and particulars may be obtained at tho Company’s Head Office, Esk-street, Invercargill, or by application to the undersigned. MURRAY, COMMON, & CO., Agents in Wellington. RANSATLANTIC FIRE INSURANCE COMPANY OF HAMBURG. THE above Company is prepared to accept risks in town and country at lowest current rates. 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 Kates. Prompt and liberal settlement of claim. i KRULL & CO.. Agents. HE NEW ZEALAND TANNING I AND LEATHER MANUFACTURING COMPANY (LIMITED). ! To be Incorporated under “ Tho Joint Stock j Companies Act, I 860.” , Capital —£2o,ooo in 2000 Sharks of £lO , Each, , With Power to Increase to £50,000. ( Payments —los. per Share on application ; 10;!. 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 10a. per share, or bo made at shorter intervals than two months from the date of tho one preceding, It is only proposed to call np half the ' capital, in order that practical operations can be commenced iu January, 1870. j Provisional Directors : J. Guilford, Esq., R. J. Duncan, Esq, ] Ed. Jackson, Esq,, E. Port, Esq., J, E. Evans, Esq. Bankers: 1 Bank of Australasia, I Solicitors : Messrs. Bulier and Lewis. Temporary Offices: Featherston-etrcet, 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 en- ! larged scale of the Tanniug business, situate adjacent to the City of Wellington, and known ( as the property of Mr. J. Guilford (together with the wholoof the stock, tools, and machinery now in his possession), which is situated at Beramphore, near Newtown, within three milee 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 faculties 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 np shares. The property consists of one acre of land, a new 10-H.P. engine and rolling gear complete, i drying and scouring sheds, and about 30 ex- , celiently built pits, giving every facility for extensive operations ; approached by a good 1 macadamised road, and easy of access. , During the last few years an enormous demand has sprung jup for all kinds of leather. 1 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 tho Com- > pauy is fairly floated, to lay down such increased stock and appliances as will meet these requirements, and to adopt such means as will j secure for the Company’s leather the first reputation throughout the whole of Now Zealand. ! Tho business will be carried on by Mr. J. Guilford nntil the Company enters into possession, and satisfactory arrangements can bo made with that gentleman for bis valuable services in connection with the active manage- 1 ment of the Company. { The Provisional Directors have not thought it advisable or necessary to prepare any elaborate statements of figures showing probable i profit—tho 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 be in this case, tho Company , should prove an investment second to none iu , the colony. A largo proportion of the capital has already ; been taken up by those interested in tho 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 the temporary offices of ; the Company, Foatherston-strcot, Wellington. Mr. O. IC. Jeffs Is appointed canvasser and collector to the above company. J. W. FFROST, fiWc*Wry pro. fsftdt.
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https://paperspast.natlib.govt.nz/newspapers/NZTIM18780906.2.2.3
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New Zealand Times, Volume XXXIII, Issue 5443, 6 September 1878, Page 1
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971Page 1 Advertisements Column 3 New Zealand Times, Volume XXXIII, Issue 5443, 6 September 1878, Page 1
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