Page 3 Advertisements Column 4

Oamaru Mail, Volume III, Issue 743, 28 August 1878, Page 3

PROSPECTUS PROSPECTUS OS Tim EW ZEALAND HARDWARE COMPANY (LIMITED). Capital Lii)o,uO'.», In 20,000 .Shares of L 5 each, Of which it is proposed to ca.ll up L 3 per Share, as follows : Five Shillings on ;ippiic.*tt.if>;i. Five -Sjiilii'ics O'l allotment, and Baliui-t----iu Calii f.X Five. Shilling.- par Shan-. at intervals of not less than three months. Directors : George M'L<au, Esq., 2.1.U.K. •R. Oliver, Esq., M.I-i.R. J. T. Wright, E q. (Messrs. Wright, Stephenson, and Ci>.) John Roberts, Esq. (Messrs. Murray, Roberts, and Co ) T. S. Graham, Esq. (Messrs. Biug, Harris, and Co.) Robert Wilson, Esq. (Messrs. R. Wilson and Co.) James Marshal], Esq. (Messrs. Marshall and Copeland). Bankebs: The Colonial Bank of New Zealand. .Solicitors : Haggitt Brothers and Bront. AIANAGKR AND SJSCRTTAKY : Mr. JohnO. Era.

This Company has been formed for the purpose of acquiring, carrying on, and extending the business of Messrs. < liver and Ulph, of Dunedin, Hardware Merchant", which hits been established for a period of about sixUeu y.a •.••■;. with higidy satisfactory resids. Ar i.tio in.staiici- of tin: Directors. the Books- ..i> i perioilical Balance-sheets of the Firm have been inspected and reported upon by a competent Accountant, who lias verified their correctness. The Direct'.is find that for many years past, the net profits, exclusive of profits upon ventures to the business, have yielded considerably over an average return of 20 per cent, per annum upon the capital invested. 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 subscribe for shares to the extent of nearly tho amount of the purchase money. The Stock-in-trade has been taken at cost price (verified), but no charge has been made for the good-will of the business. The leasehold in Manse-street han been taken over at a valuation made by Messrs. (iiilies and Street and Messrs. M'Landrcss, Hepburn, and Co. The business is now in full operation, and, in the opinion of tho Promoters, after car - ful inquiry, can, by the additional capital introduced into it, be extended so as to \ ie'd a larger return than is represented by the handsome profits nr de by Messrs Oliver and Ulph. 'I he Directors have secured the services of Mr. J. (_). Eva, who has managed tinbusiness for some years with llu high y satisfactory re.-ulrs indicated, and who nas been appointed Manager for thu Company. It is so well known that the importation and sale of hardware is one of the rao-t profitable of Colonial enterprises, tiftt the Promoters deem it uuuecet>sa v y to do more than simply recommend this undertaking to investors, which they do in good faith, and in the belief that the operations of the Company will yield a haudsome 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 tlie Offices of the Company in Mansestreet, untd .Monday, the 2nd of September next, on which day the Share List will close. 494

PJROSPx'UTUS OF THE OTAGO SLATE COMPANY (LIMITED). Capital £IOO,OOO (In 50.000 Shares of £2 each). Calls—Two Shilling* and Sixpence per Share on application ; and Two shillings and Sixpence per Share ou allotment. It is anticipated that no further Calls will lie made upon the Shareholders until such time as it may he found nece.-ssaiy to construct a Branch Railway to connect the works with the Main Line of Bailway at Maheno or Otepopo. The present Proprietors of the Slate Quarry agree to dispose of their interest to the Company for the sum of £15,000, of which amount, according to the certificate of W. N. Blair, U. K.. £750 ■ has been aire vdy expended in permanent works, i'or this sum of £15,< ! 0 >, the prerent Proprietors of the Quarry will take payment in fully paid-up shares, and umU-rfcat-e not to d-.s----pose of any portiou of their interests for a period of two yeare.

Provisional Pieectobs : Hon. Robert Campbell, M.L.C. Henry Driver, Esq., M.H,R. G. G. Rijgkdl, K«l- (National Mortgage and Agency Company). George Whittingh.-n, Esq. (Whittingham 8r03.), Melbourne. Walter Guthrie, Esq. (Guthrie and Larnach). John Davie, Esq. (M'Landress, Hepburn, and Co.). John Mitchell, Esq. (Fergusson 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 t-hinping Co.). B. Rievwright, Esq. (Sievwright and Stout) \V. C. Roberts, Esq., J.P. (Manager Bank of £»ew Zealaml). James Marshall, Esq. (Marshall and Copeiand). Keith Ramsay. Esq., J.P. Jamcß M'Kay, i.sq (Pioudfoot and M'Kay). With power to add to thuir Number. Bankees: Bank of New Zealand. Solicitors : Messrs. Sievu-riyht and Stout. Bh-'Kbh : J. B. liradsjiaw, Kiq, SkCRETAKY P-IcO TEM : James T. Mackerras. Applications for Shares will be received by the Broker for the Company, J. B. Bradahaw, Esq., Dunedin. Also, By the Managers of all the various Branches of the Bank of Re\v ZvaKud throughout the Colony, from whom copies of the Prospectus and Forms of Application can be obtained. Share List will be closed on th* Ist of S«ptemb«r, 326