Page 4 Advertisements Column 1

Oamaru Mail, Volume III, Issue 740, 23 August 1878, Page 4

PROBPEOTUS • ' PROSPKCTUS W 'ZKAISSv HABDWABE COMPANY CUMITED). Capital •• ~,r, . Lloo ' ooo *' In 20,000 Share* of L 5 each, 01 wfewb it i» proposed to call up t3 per Share, aa follows: Fire Shilling* on application. Five Shillings on allotment, and Balance in Calls of Five Shillings per Share . at intervals of not leas than three months. Directors: George M'L- an, K»q„ M.H.R. B. Oliver, Ksq., M. H. R. . J. T. Wright, Eq. (Measrs. Wnght, Stephenson, and C<>.) John Roberta, K»q. (Meacre. Murray, Roberta, and' ( o. > T. S, Graham, Fsq. (Measrs. Bmg, Harris, and Co. > Robert Wil»on, Esq. (Messrs. R. Wtlson and Co.) James Marshall. P*q. (Messrs. Marshall and Ct>p»-ta:>d). 8.0 KICKS : The Colonial Biwk. ot New Zealand. Sot.l'"tT('RM : Messrs. Hsgtfitt ti.otii«r« and Brent. Masaokk Asr> : Mr. John O. Kva.

This Company 'u*> l *' : ' frmed for the 10 of acquiring, carrying on. and ex-1 „ g the business, of Messrs. «'liver and Ulph, «f Cunedin, Hardware Merchant*, which has been established for a period of •bout sixteen years, with highly satisfactory results. At the instance of the Directors.. the Book* and periodical rWance-sheeta of the Firm have been inspected and reported upon by a competent Accountant, who haw 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 aa average return of 20 per cent, per annum upon the capital invest* d. Mr. Oliver, the surviving partner of the Firm, being desirous of retiring from business, and yet unwilling to relinquish so profitable an investment of capital, has arranged with the Promoters to dispose of the business on terms most favorable to the Company, and to snhHcrioe for shares to the extent of nearly the amount of the purchase money. The Stock-in-trade has U-en taken at . price (verified), but no charge has b<en made for the good-will of the business. The leasehold in Manae-strect ha* been taken over at a valuation made by Messrs. Gillies and Street and Messrs. M'Landress, Hepburn, and Co. The business is now in full operation, and, in the opinion of the Promoters, after cartful inquiry, can, by the additional capital

introduced into it, be extended so as to yiel a larger rtturn than is represented by the handsome profitß made by Messrs. Oliver and Ulph. , The Directors have secured the services of Mr. J. O. Eva, who has managed the business for some years with th« highly satisfactory results indicated, and who has been appointed Manager for the Company. Itia so well known that the importation tftable of Colonial enterprises, thi motera deem it unnecessary to do more than simply recommend thi3 undertaking to investors, which they dt> in good faith, and in the belief that the operations of the 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 the remainder. Applications for shares will be received at the Offices of the Company in Manse■treet, until Monday, the 2nd of September next, on which day the Share List will close. 4 »4 PROSPECTUS OP THE )TAGO SLATE COMPANY (LIMITED). „.. F ,„. £IOO,OOO (In 50,000 Shares of £2 each). "' ence per Share application ; and two Shillings and Sixpence per Share on allotment. It is anticipated that no further Calls will be made upon the Shareholders until such time as it may be found necessary to construct a Branch Kailway to connect the works with the Main Line of Kailway at Maheno or Otepopo. The present Proprietors of the Slate Quarry agree to dispose of their interest to the Company for the sum of £IS,CK)O, of which amount, according tr> the certificate of W. N. Blair. C.E.. £7-">ot> has been already expended in permanent works. For this sum of £15,000, the present Proprietors of the Quarry will take payment in fully paid-up shares, and undertake not to dispose or any portion of thuir interests for a period of two years. Provisional I>irectors: Hon. Robert Campbell, M.L.C. Henry Driver, Esq., M. H.R. G. O. Russell, Esq. (National Mortgage and Agency Company). George Whittingham, Esq. (Whittingham Bros.), Melbourne. Walter Guthrie, Esq. (Guthrie and Laroacn). John Davie, Esq. (M'Landress, Hepburn, and Co.). John Mitchell, Esq. (Fergusaon and Mitchell). Dr. Hocken. James Hazlett, Esq., J. P. (Mackerras and Hazlett). T. S. Grahame, Esq. (Bing, Harris, and Co.). James Mills, Esq. (Union Steam shipping Co.). B. Sievwright, Esq. (Sievwright and Stout). W. C. Roberts, Esq., J.P. (Manager Bank of New Zealand). James Marshall, Esq. (Marshall and Copeland). Keith Ramsay, Esq., J.P. James M'Kay, isq. (Proudfoot and M'Kay). With power to add to their Number. Bankers: Bank of New Zealand. SoiicrroKS: Messrs. Sievwright and Stout. Broker: J, B. Bradshaw, Esq. Secretary pro tem : I James T. Mackerras. [ Applications for Shares will be received by the Broker for the Company, J. B. Bradshaw, Esq., Dnnedin. Also, By the Managers of all the various Branches of the Bank of New Zealtnd throughout the Colony, from whom copies of the Prospectus and Forma of Application can be obtained. Snare List will be closed on the Ist of I September. . 3261