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LATE ADVERTISEMENTS. »OP TBS. f ,'EW ZEALAND HARD,., COAPANYILIMITED). Capital . ' -a" ... ... LIOO.OOO, '• - la 20,qOO'Shares of L 5 each, Of which it; is proposed to call up L 3 per » Share, as follows : Five Shißings' on , application, Five Shillrnglnin allotment, and Balanco in Calls of Five Shillings per Sharo at intervals of not IeSB thau three months. Directors: George M'Lean, Esq., M.H.R. R. Oliver, Esq., M.H.R. J. T. Wright, Esq. (Messrs. Wright, Stephenson, and Co.) John Roberts, Esq. (Mesßrs. Murray, Roberts, and Co.) T. S. Graham, Esq. (Messrs. Bing, Harris, and Co.) Robert Wilson, Esq. (Messrs. R. WUbou and Co.) James Marshall, Esq. (Messrs. Marshall and Copeland). Bankers: The Colonial Bank of Now Zealand. Solicitors : Messrs. Haggitt Brothers and Brent. Manager and Skcrytary : Mr. John 0. Eva. This Company has been formed for the purpose of acquiring, carrying on, and ontending the business of Messrs. Oliver and Ulph, of Dunedin, Hardware Merchants, which lias been established for a period of about sixteen years, with highly satisfactory results. At the instance of the Directors, the Books and . periodical Balance-sheets of the Finn have-been inspected and roported upon by a competent Accountant, who has verified their correctness. The Directors find that for many years past, the net profits, exclusive of profits upon ventures foreign to the business, have yielded considerably over an average return of 2(1 per cent, per annum upon the capital invested. Mr. Oliver, the surviving partner of the Firm, being desirous of retiring from business, and yet uuwilling to relinquish bo profitable au investment of capital, has arranged with the Promoters to dispose of the business on terms most favorable to the Company, and to subscribe for shares to the extent of nearly the amount of the purchase money. The Stock-in-trade has been taken at cost price (verified), but no charge has been made for the goodwill of the business. The leasehold in Maijfle-strcet has been takcm over at a valuation'Jiiade by Messrs. Gillies and Street and ;Messrs. M'Landress, Hepburn, and Co. The business is now in full operation, and, in (he opinion of the Promoters, after careful inquiry, can, by the additional capital introduced into it, be extended so as to yield a larger return than is represented haudsome profits made by Messrs. Ofyvor and Ulph. 'I he Directors have secured the sorviccs of Mr. J. O. Eva, who has managed the business for some years with the highly satisfactory results indicated, and who has been appointed Manager for the Company. It is so well known that the importation and sale of hardware is one of the most profitable of Colonial enterprises, that tho JVo. meters deem it unnecessary to do more than simply recommend this undertaking to investors, which they do in good faith, and in the belief that the operations of tho Company will yield a handsome return for the capital invested. A large number of shares has already been subscribed for. and the Directors invite early applications for tho remainder. Applications for shares will be received at the Offices of the Company in Manse* street, until Monday, the 2nd of Scptomber next, on which day the Share List will close. 494 LOST, in Tees-street, half of STONE LOCKET. Finder please leave at Mail office. 508 /JV RE JOHN THOMSON. A LL ACCOUNTS OWING to the late -*-■*- John Thomson, Cabinet Maker, not Paid before the Twenty-fifth AUGUST, either to Mr. T. FALCONER or ourselves, will be SUED FOR. HISLOP AND CREAGH, Solicitors. Oamaru, 16th August, 1878. 489 rriHK WALTER A. WOOD HARVESTER 4ND BINDER. STATEMENT OF FACTS. Awarded This Year's PRIZES as vollows : June 17 —First Prize Gold Medal at Chiooo, Belgium. June 19—First Prize Gold Medal, and 1000 Francs at Rome, Italy. August 2—Wood's, First Prize, three day's trial in Holland. Successful in 17 field trials in America to Immediate orders necessary. J. CHURCH, 862 Agent. JOTI C E TO FARMERS We bog to Notify our Farming Friends that we have made a CONSIDERABLE REDUCTION in the PRICES' of our CAMBRIDGE ROLLERS and CHAIN HARROWS. , **\ Price Lists on application to " REID AND GRAY, DtNEDiN, Oamaru, Timaru, and Inveb cargill. 438 OAMARU wUTUALBKNEFITBU'xLD. ING SOCIETY. Shareholders in the above Society can withdraw at a BONUS OF SIX POUNDS PER SHARE; and parties desirous of.at once paying off their mortgages can dp to, receiving an allowance of equal to half tb* accruing interest. For further information apply to 358 GEORGE SUMPTER, Secretary.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18780819.2.13.4

Bibliographic details

Oamaru Mail, Volume III, Issue 736, 19 August 1878, Page 2

Word Count
734

Page 2 Advertisements Column 4 Oamaru Mail, Volume III, Issue 736, 19 August 1878, Page 2

Page 2 Advertisements Column 4 Oamaru Mail, Volume III, Issue 736, 19 August 1878, Page 2

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