PROSPECTUS PROSPECTUS OF THE :W ZEAL AN I> HARDWARE COMPANY (LIMITED). Capital .. - Z ... LIOO.OOO, In 20,000 Shares of L 5 each, Of which it is proposed to call up L 3 per Share, as follows : Five Shillings on application, Five Shillings on allotment, and Balance in Calls of Five Shillings per Share at intervals of not less than three months. Directors: George M'Lean, Esq., M.H.R. 3. Wright, Stephenson, and Co.) John Roberta, Esq. (Me&ws. Murray, Roberts, and Co.) T. S- Graham, Esq. (Messrs. Bing, Harris, and Co.) Robert "Wihtoa, Esq. (Messrs. R. Wilson and Co.) James Marshall, Esq. (Messrs. Marshall and Copeland). Bankers: The Colonial Bank of New Zealand. SoucrroßS: Messrs. Haggitt Brothers and Bront. MaKAOKR AND KECRYTARr : Mr. John O. Eva.
This Company haa been formed for the purpose of acquiring, carrying on, aud extending the business of Messrs. < liver and Ulph. of Dunedin, Hardware Merchants, I which has been established for a period of I aboat sixteen years, with highly satisfactory j results. At the instance of the Directors, the Books and periodical Balance-sheets of the Firm have been inspected and reported v.. _ „«miv.t[.nt Irrnntibnt who has verified their correctness. The Directors Hnd that for many years past, the net profits, exefn-iive of profits upon ventnre3 foreign 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, »>eiog desirous of retiriu« from business, and yet unwiilinj* to relinquish sd protitable an investment of capital, has arrange;'! with the Promoters to dispose of the business on terms most favorable to the Company, and to subscrilx: fot 5 shares to the | extent of nearly the amouut of the purchase l money. I The Stock-in-trade has been taken at cost 'price (verified), but no charge has been made foi- the c"od-will of the business. The leasehold in Mause-screet ha* been taken over at a valuation made by Messrs. Gillies and Street and Messrs. MvLandress, Hep- ; burn, and Co. The business is now in full operation, and, in the opinion of the Promoters, after careful inquiry. caa ' ''J' tne additional capital ; introduced into it, be extended so as to yield ! a larger return than is represented by the handsome protiis m>de by Messrs Oliver •Mid Ulph. '1 he Directors have secured the services »f Mr J. 0. Eva. who has managed the ; business for some jvars uith thj high y ' satisfactory results indicated, and who has bren 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 ' simply recommend this undertaking to investors, which they do in good faith, and in the belief that the operations of the Com- | pany will yield a handsome return for the capital invested. A large number of shares has already been snbscril>ed for ami the Directors invite early applications for the remainder. j Applications for shares will be received 'at the Offices of the Company iu Mansestreet, until Monday, the 2nd of September ■next, on which day the Share List will : close. PROSPECTUS OF THE ,TAGO SLATE COMPANY 1 (LIMITED). Capital £IOO,OOO (In 50,000 Shares of £2 each). Calls—Two Shillings and Sixpence per Share on application ; and Two Shillings and Sixpence per Share on allotment. It is anticipated that no further Calls will be made upon the Shareholders nntil such time as it may be found necessary to construct a Branch Bailway 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 £15,000, of which amount, according to the certiticate of \V. K. Blair, C.K., £7500 has been aire »dy expended in permanent works. t - "or this sum of £!s,'io-', the prerent Proprietors of the Quarry will take pajnient iu lully paid-up shares, and undwtake not to dispenod of two years.
Provisional I >ikectob:> : Hon. Robert Campbell, M.L.C. Henry Driver, Esq., M.H.RG. G. Russell, Esq. (National Mortgage and Agency Company}. George Whittiugham, Esq. (Whittingham Bros.), Melbourne. Walter Guthrie, Esq. (Guthrie and Laroacb). John Davie, Esq. (M'Landress, Hepburn, and Co.). John Mitchell, Esq. (Fergusson and Mitchell). Dr. Hocken. Jame3 Hazlett, Esq., J.P. (Mackerras and Hazlctt). T. S. Grahame, Esq. (Bing, Harris, and Co.). James Mills, Esq. (Union Steam Shipping B. - Sievwright, Esq. (Sievwright and Stout). \V. C. Roberts, Esq., J. P. (Manager Bank of .New Zealand). James Marshall, Esq. (Marshall and Copeiand). Keith Bamsay, Esq., J. P. James 31 'Kay, i-'sq. (Proudfoot and M'Kay). . . »- . With power to add to their £« umber. Bankers: Bank of New Zealand. Solicitors : Messrs. Sievwright and Stout. Broker: , J. B. Bradshaw, Esq. Secketaey pro tem : James T. Mackerras. Applications for Shares will be received by the Broker for the Company, J. B. Bradtsbaw, Esq., Dunedin. Also, Bv the Manager? r-f all the various H,a. iho «•: ih« liiiuk i»i X<-w Ztal»i:il throughout -.he Colony, from »»h; m u»pifb ui the lliwpectns and Forms of Application can be obtained. Share list will be closed on the Ist of j September. 326
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Bibliographic details
Oamaru Mail, Volume III, Issue 746, 31 August 1878, Page 4
Word Count
863Page 4 Advertisements Column 2 Oamaru Mail, Volume III, Issue 746, 31 August 1878, Page 4
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