Page 3 Advertisements Column 4

Oamaru Mail, Volume III, Issue 738, 21 August 1878, Page 3

PROSPECTUS

prospectus OF TUB «TEW " ZEALAND HARDWARE _\ COMPANY (LIMITED). i Capital L!OO,(;O0, '; ia "20,01)0 Shares of L 5 each, ! Of which it is nroposed to call uy i.3 per j George M'Lan, iw|.. AI.IT.K. R. Oliver. Esq., -M. ti K. J. T. W. i:."-, Eq 1.-Vi■ ssrs. Wright, Steph. ii-on, aiel O'.) John Robert-, K-q. (Messrs. -Murray, Roberts, :md i o ) T. S. t.raham, Esq. (Messrs. Bins.', Harris, and Co.) Robert Wibon, Esq. (Messrs. K. Wilson and Co.) James Marshall, F-q. (Messrs. Marshall and Copeked). ' i-:A'-Ki:i:.s : Tiie Colonial Bank or New Zealand. SOLICITORS : Messrs. Hnggitt and Brent. .VA.VAC!:;: asp ::cr;YTA'.Y : Air. John 0 Eva-. This Company has been formed for the purpose of acquiring, carrying on, and extending the business of Ak.-srs. « liver and Ulph, "of Dunedin, Hardware Merchants, which has been established for a period of about sixteen yen.-:-.-, with mghiy satisiactory re. l :iJ r . O . .At '"i.o instance <-i the Directors', the Book , -.-, A periodical Balance-sheets of the Firm have been inspected and reported 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 routines foreign to the business, have yielded cou-iderably over an average return of '2O pur cent, per annum upon the capital invest,-d. Air. Oliver, the surviving partner of the Finn, being desirous of rctirin■_' from business, and yet unwilling to relinquish so prolirable an i'nves: meiit oi capital, has arranged with the Procurers to disp'ec of the business on terms most iavorab.e 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 -ost price (verified), but no charge has been made for the gnod-Wib of the business. The leasehold in Alaiise-s'reet ha- been taken over at a valuation made by Messrs. Gillies and Street and Alessrs. M'Landrcss, Hepburn, and Co. The business is now in full operation, and, in the opinion of the Promoters, alter car - fill inquiry, can, by the additional capi ai introduce': hit > it, be extend d so as to \ ie d a larger ivturo than is represented by the haiMseme. erofi.s m de by Messrs (diver aud Ul|>h. i he Directors have secured the services of Air. J. O. Eva. Woo ha* managed the business for some years with the higlry 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 the Promoters deem it unnecessary to do more than rrply recommend, this undc taking to in_3tors, which they d" in good faith, and in the belief that the operations of the Company will yield a handsome return for the eapit 1 invest d. A large number of shares has already been subscribed for and the Dineio's invite early applications for the remainder. Applications for shares will lie received at the OfSics of the Company in Mansestreet, untd Monday, the 2nd of September next, on which day tiie Share List will ~!,.«. 4!14 PRUSP i TU C 0 M P A JS T Y anticipated that no further Call;, will be made upon the Shareholders until such time as it may be found necesta'y to construct a Branch Nail way to connect, the works with the Main Line of Railway at; Maheiio or Utepopo. The present Proprietors of the Slate Quarrv agree to dispose of their interest to the Company for the sum of £!5,000. of which amount, according t > the certificate of W. -N'. Blair, C. E,, i' 7-30 ' has been aire uly expended in permanent works. Kor this sum of ,£lf>,< 0:i, the present Proprietors of the Quarry will take paymen; in fully paid-up shares, and undertake not to_ dispose of any portion of their interests for a period of two years. Provisional 1 irkltoks : Hon. Robert Campbell, M.L.O. Henry Driver. E--q., M.H.R. G. G. Russell, Esq. (National Mortgage and Agency Company). George W'hittingi m, Fst[. (Whtttingham Bros.). .Melbourne. Walter Guthrie, Esq. (Guthrie and Larnach). John Davie, Esq. (M'Landress, Hepburn, ami Co.). John Mitchell, Esq. (Fergusson and Mitchell). Dr. Hoekcn. James Mazielt, E.-o\, J. P. (Alackorras aud Hazlett). T. S. Grahame, Esq. (Bmg, Earns, and Co.). . , . . James Mills, Esq. (Union steam trapping Co.). P. Sievwright, Esq. (Sievwnght and Stout) W. G. Roberts, Esq., J.P. (Manager Bank of New Zealand). James .Marshall, Esq. (Marshall and Copeland). Keith Ramsav. Esq . J.P. Jani-s Al'Eay, isq (Pioudfoot and M'Kay). With power to add to their Number. Solicitors : Alessrs. Sievuriidit and Stout. BkoK.sk: J. B. Bradshaw, Esq. Secretary pko tf.m : James T. MaokerraS. Applications for Shares will be received by the Broker for the Company, J. B. Bradshaw, Esq., Dunedin. .-Use, By the Manager- of all the various Bi-a.'.chto or the" Bank of Kew ZcaUud j thl"..ug.,out the Colony, from whom copies of 1 'he Pro.-pectus aud Forms of Application in be obtained. Share List will be closed on the Ist of September, 526