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PROSPECTUS ■PROSPKCTUS Of THK jW ZRAUMi hardware , COMPANY CUNITED}. Capital LtOO,OOO, In 20,000 Share* of 1,5 each, Of which it w proposed to cult up 13 per Share, as follow* : Five Shillings em application. Five Shilling on idlottn-stit, and K»lan..-f int'ull-i of fivi: Sliilltt.g. per Share at intervals of not Ic-b.- than three month*. Pruirrroßs: j George M*L. an, E<q.. M.11.R. R. Oliver, Ksq., M. U U. J. T. Wright, Kq ( Wessra. Wnxht, Stephenson, ami <_!••.) John Robert-, ivq. iMcs-ra. Mnrray. Roberts, and > o ) T.. S. Urah.un, !".-.[. (Messrs. Btitg, Harris, ami IV) Robert Wilson, E.jq- (Messrs. U. Wilson and Co.) James Marshall. Fyq. (Messrs. Marshall and Copeland). Ba>kek3: The Colonial Bank or New Zealand. SoLirrroKji : Me«sra. Hagyitt U'ot .er- a'id Brent. AIANAOKII AND -KCRVTAI-T : Mr. John O. r.va. This Compauv ha.-. been t..rnint for th, purpose of acquiro;.'. v. .1 rying 0,1 and ex tending tho-business <■' M ■■*'s I' v «'- an.: Uiph, of I»i...«.tiu. H-nUv.in- Men h .-m . which has bona t»ta>.'.i-h- -I f..r a [•• rm.l •• about sixteen y ar*. wuh s .ti-fa to > results. At the instance . t the l>ir et>rthe Hooks an.l pension li.i;ir.c.->ht.ts .-r the Firm have been ti.spee e-l an.l repm-r... upon by a compe'.iit .-V;c unr...nt. vdmim.verified their cnirecr..,e-.-.. '( he t>neet'.find that for many ye in- p-i.-)t, 'he n-t r .io;it-. exc-'usive of profits 11001. v.-nHtiei. t» the business, have yielded con ideiaWy over «l average return of •!{> 1 «r cunt, per unututi upon the capital invest, d. Mr. Oliver, the survtun-.' partner of the Firm, being desirous of retirinr rmm i.Uitness, and yet unwilling to rednqni-ih no profitable an inves-mentor capita', has arrange.! with the Promoters to dis[».-e of the business on terms most favurab-e to the Company, and to anhscririt* for shares to the extent of nearly the amount of the j.nrehase money. The Stock-in-trade has been taken at ro4 price (verified), hut no charge has been made for the uond-wili of the business, ihe leasehold in Manse-s: reet ha- been take,, over at a valuation made by Mw.n-». tJilliea and Street and Messrs. M-t.audress, Hepburn, and Co. The business is nr.w in full operation, and, in the opinion of the r'rei.inters, after earful inquiry, can, l.y the additional capfai introduced into it,, be extend d so as t» > te d a larger return than is represented by the handsome profits m.de by Messrs Oliver and Uiph. The Directors have secured the services ct Mr. J. O. Eva, who ha- managed the business for some years with the highlysatisfactory results indicated, and who has bfen appointed Manager for the Company. It is-so well known that the importation and sale of hardware is one of the mc*-t 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 «>t the Company will yield a hui.i--.ome return for the capital invest-d. A large number of sii-ares has already been ■nbscribed for and tie- Directors invite earlyapplications for the ri■i...-ii:i'n r. Applications for sh.-.res will he received at the Offices of the t'omp-my in Manseatreet, nntit Monday, the■ -Jnd of l-entember next, on which day the Share List will FIiOSP < 'ITS OF Tllli TAOO SLA'I K COMPANY (i,[Mm-:r>). Capital ... (In 30,0(i0 Calls—Two Sliilbt £IOO.OOO > each). Calls—Two Shilbn-4- and -ixpen.e per Share on application ; and T»e .-hidings . Sixpence per Miare on, .-dletment. It is anticipatetl Uiat no fn.-rh-r ( all.- Will * e made up. n the Shareholders until Mich time ast it may he found u«ee«--a y to construct a I'-raneli Kail" ay to connect the work.- with the Mam t.tue of Kaiiway at Maheno or »>«epopo. The present fropr>etors of the Slate Quarry agree to_dww.se of thetr lutere-t to the Company tor the snm .-t i.<aSMQ, «t which anionnt. accoidmi: to the certificate of VV. y. Wair. i'. • - £T-t>' h;u- been idexpended m pe n.au.-nt vorl-.s. I-or this sum of .tMS, 0 . the pntent I'r.-prterr.rs. of the Quarry will t,.i-.e pi.J men tu uidy paid-up shares, ami uu.orr.,..e no; to du—pose of any portion of ihe.r iniereata tor a period of two years. Provisional ! iK'-crons: Hon. Robert Campheli. >'.|,.\;. Henry Driver. K-q.. M.fl.U. O. <>. Rus--ell, i--H- Mortgag. and Agency Compai.y ). ~,..-.... , George Broa.), Melbourne Walter Oui-hric, iuq- (Guthne an.l Larnach). . John Davie, Esq. (M'l~nares3, >.epburn, and Co.). .. , John Mitchell, Esq. (cergnsson and Mitchell)'. Dr. Hocken. James Hazlett, Esq., J. P. (Mackerraa and Hazlett). T. S. Grahams, Esq. (B ng. Karris, antt Co.). James Mills, Eeq. (Union Steam Shipping Co.). • B. Sievwright, Esq. (Sievwnght and Stout). W. C. Roberts, Esq., J.F. (Manager Bank Of New Zealand). James Marshall, Eao. (Marshall and Copciand). Keith Ramsay. Esq.. J.P. James M'liay, i sq. tProaatoot and M'Kay). % . . With power to add to th=ir Jv umber. Bakkiirs : Bank oc New Zealand. Solicitors': Mesßrs, Sievwnght and Stout. Broker: J. B. Bradahaw, Eaq. Secretary pro tem : James T. Mackercas. Applications for Shares wfll 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 New ZeaW. the Prospectus *nd Fotnia of Application aaa be obtained. Shan L«t witt be tfa*& •«» **• lrt «[ September. 386

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https://paperspast.natlib.govt.nz/newspapers/OAM18780830.2.16.1

Bibliographic details

Oamaru Mail, Volume III, Issue 745, 30 August 1878, Page 4

Word Count
861

Page 4 Advertisements Column 1 Oamaru Mail, Volume III, Issue 745, 30 August 1878, Page 4

Page 4 Advertisements Column 1 Oamaru Mail, Volume III, Issue 745, 30 August 1878, Page 4

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