Page 4 Advertisements Column 1

Oamaru Mail, Volume III, Issue 744, 29 August 1878, Page 4

PROSPECTUS PROSPECTUS OfTHK ' ;W ZEALAND HARDWARE COMPANY tUMiTBD). CWpftai LIOO.OOO, In 20,000 Share* of L 5 each, Of which it is proposed to call up L 3 per Share, aa follows : Five Shillings on application, Five Shillings on allotment, and Balance in Calls of Five Shillings per Share at intervals of not lean than three months. Directors : George M'L* an, Esq., M.H.R. R. Oliver, Esq., M.M R. J. T- Wright, E q. I Messrs. Wright, Stephenson, and C<>.) John Roberta, E*q. tMea<rs. Murray, Roberts, and to) T. S. Graham, Ksq. (Messrs. Bing, Harris, ami Co.) Robert Wilson, Eaq. (Messrs. R. Wilson and Co.) James Marshall, r>q (Uesars v arsh*!l and Copelaud). B A • E£K3 : Th» Colonial Bauk ot New Zealand. Soucrroßß: Messrs. Haggitt Brothers and Bren*. Maxagsk asd Secbttam: : Mr. John O. Eva. Thia Company has bwn formed for the i of acquiring, eirrying on, and extending the business of Mirers. r liver and Ulph, of Dunedin, Hardware Merchant--, which haa been established for a period of •bout 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 reported upon by a competent Accountant, who haa 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 invested. Mr. Oliver, the surviving partner of the Firm, being desirous of retiring from business, and yet unwillinu to relinquish so profitable an investment »r capita , has arranged with the Promoter* to dispose t»f the business on terms most favorab.e to tho Company, and to suhscrthe 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 haa been made for the aood-will of the business. The % t.U -_ \.t . „► K«a kiun futon over at a valuation made by Messrs. Gillies and Street and Messrs. \l'Landress, Hepburn, and Co. The business is now in full operation, and, in the opinion of the Promoters, after careful inquiry, can, by the additional capital introduced into it, be extended so aa to yield »larger rotnrn than is represented by the handsome profits 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 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 the Promoters deem it unnecessary to do more than ■imply recommend this undertaking to investors, which they do 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 >/: shares has already been subscribed for. ami the Direc tors invite early applications for the remainder. Applications for shares will he received at the Offices of the Company in Mansestreet, until Monday, the 2nd of September next, on which day the Share List will cfcse. 4M

PROSPECTUS OF THE ,TAGO SLATE COMPANY 1 (LIMI/I ED). ... £IOO.OOO (In 50,6(10 Shares of £2 each). on application ; and T» •• "h'Utiig* . Sixpence per J»h;irc on ill..uncut. Ir la anticipated that nt» furlh»i- t all- Wtl! :>e made upon the MiarchoMers until such time as it may lie found neceira 1 y to eonstruct a Branch Railway to connect the works with the Mam Line of Kailway at Maheno or Otepopo. The present Fropnetora of the Slate Qnarry agree to dispose of their interest to the Company for the anm of £15,000, of which amount, according to the certificate of W. N. Blair, U.K. £7ooi> has been already expended in pern.anent works. For this aam of £I&V><A the pre: ent Proprietors of the Quarry will take payment in fully paid-np shares, and undrrtaKe not to dispose of any portion of r.heir interests for r period of two years. Provisiosal Directors: Hon. Robert Campbell, M.L.C. Henry Driver, Esq., M.H.K. G. 6. Russell, Esq. (National Mortgag* and Agency Company). George Whittingham, Esq. (Whittingham Bros.), alel bourne. Walter Guthrie, Esq. " (Guthrie and Larnach). John Davie, Esq. (M'Landrusa, Hepburn, and Co.). John Mitohell, Esq. (Fergua3on and Mitchell). Dr. Hocken. James Hazlett, Esq., J. P. (Mackerra3 and Haalett). T. S. Grahame, Esq. (Bing, Harris, and C 0.)." Jvnes Mills, Esq. (Union Steam shipping Co,). B. Rierwright, 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, tsq (Proudfoot and With power to add to their Number. Backers: Bank of New Zealand. Solicitors : Messrs; Sievwright and Stout. Bro££R: J. B. Bradshaw, Esq. Secbxtart fro tx» : James T. Mackorras. Applications for Shares will be received by the Broker for the Company, J. ™ T> " J ■haw, Esq., Dunedia. Also, I By the Managers of all the various | Branches of the Bank of New Zealand i throughout the Colony, from whom copies of j the Prospectus and Forms of Application! oaa he obtained. ' Share List will he closed on the Ist off September. 386