PUBLIC NOTICES prospectus: OF THE AMARU CROWN FLOUR MILLS CAPITAL -i - r "£50,000, /*•' • - In 10,000 Shares of £5 each,' (Of which it i.s proposed at present "to call up no more than £2 10s.) Payable—los on application, TOs'on allotment, 10s in three months, and in calls of not exceeding JOs per share, and at intervals of not less than three months, until the amount of £2 10s lias been paid. Shareholders may elect to pay £2~ on allotment, in -which event they -will be allowed discount at the rate of 10 per cent:- per annum, for the period between the time of payment and the time when future calls are payable. .John Barraclough, Esq. A. H. Maude, Esq, Edwin Collis, Esq. W.H.Ronayne,Esq. T.C.Dennison,Esq.C.E. G-. A. Sutton, Esq. A.A.Fleming,Esq.M.D. H. Watson, Esq. Herbert Edwards, Esq. SOLICITORS : Messrs. Hislop and Creagh. BANKERS : Colonial Bank of New Zealand. LOCAL AGENT ! George Sumpter. This Company is formed for the purpose of combining the Milling and Baking Trades upon an extensive scale, thereby reducing the cost of bread to the consumer to the lowest possible price, and at the same time securing a sure and ready cash market for the Flour produced at the Company's Mills. The Provisional Directors have arranged for the taking over by the Company, after its incorporation, of—(1.) The interest of J. T. and Co., in the Lands, Buildings, and Premises owned or occupied by them in bamaru. (2.) The Business and Assets of Messrs. J. T. Evans and Co., Millers and Grain Merchants, Oamaru, for the sum of £7OOO, of which £2500 is payable within six months, and the balance (£4500) in 1800 shares of the Company, with £2 10s paid up. A valuation of the buildings and Ifmds has been made by Mr. J'ohuston, Architect; of the machinery by Messrs. Jack, Steel, and Hendry ; and of the other assets by Messrs. John Locke and John Church. The amount of £7OOO has been arrived at by deducting the amount of the liabilities from the total of the valuations and by adding the amount of £2OOO on account of goodwill aud preliminary expenses of formation of Company, which are to be" pjiid by vendors. AND BAKING COMPANY (limited). • . PROVISIONAL DIRECTORS :
The vendors are willing to retain the management of the business for three years, and are willing (in the event of the directors leaving such management to them) to guarantee interest on the paid up capital at the rate of 10 per cent, per annum for that period. The Crown Flour Mills ara situated in the centre of Oarnaru, and hav# direct railway communication, thus reducing the cost of carriage to a minimum. The Mills contain five run of mill stones, fitted with the best English a*d American Dressing Machinery, and from their situa? tion and completeness are undoubtedly tlje bast milling property in New Zealand, They nre in full operation, producing flour which iias established a first-class reputation in the chief New Zealand markets. The Mills consist of a substantial fourstoreyed stone building 120 feet long by 54 feet broad, with engine and boiler house, bran, store, dust, and smut room, eoal shed and workshop attached, and provide storage space for 30,000 bags of grain, Tho Engine, a compound tandem by Messrs. Musgrave and Sons, of Boulton, England, is pronouiiced by competent judges to be one of tiie finest in the Colony, and the boiler is fitted with a " Green's Patent Economiser," effecting a saving of 25 per cent, in fuel. The. Motive Power and Building are designed for a 10-run mill, enabling the Company, at small expense, to add to the number of stones, &c., as their business increases. It is proposed to erect bakehouses at once, and to supply bread in Oamaru, Dunedin, Timaru, and intermediate towns at the lowest possible casli price, thus securing the Company a cash sale for their flour at market rates, and, by saving the baker's profit, reducing bread to a price which cannot fail to prove a great boon to all householders, The Provisional Directors have every oondence that the public will support this undertaking, providing, as it does, both a profitable investment for their captital, and a reduction in the cost of the most necessary article of daily use. SG4 J- L E N N 0 N, FISHMONGER, OAMARU. Establishments : Opposite the Commercial HoTEr., AND THE Premises lately occupied by Me. Tunsacse, Thames - street. W. J. L., having found it necessary to increase the facilities for procuring Fresh Fish, has EE- OPENED TEES SHOP IJST WHICH MR. TUNNAGE FOR SOME TIME CARRIED ON BUSINESS AS FISHMONGER,The position of which will be found especially convenient to the public". . DAILY AERITALS OF EVERY KIND OF FISH IN SEASON, INCLUDING OYSTERS. 743 GRAND ART UNION of PICTURES, CONSISTING OILPAINTINGS, OLEOGRAPHS, ; " CHROMOS, STEEL ENGRAVINGS, FERNS AND MOSS, Valued at Two Hundred Pounds, The whole of which will be disposed of by Art Union for little more than half their value, namely, 120 MEMBERS at ONE GUINEAS EACH. These Pictures are now on view at Mr. G. Greenfield's Mart, Tyne-street, and will be drawn for when the list is full. The drawing will be conducted by a committee appointed by the members, on the same principle as the Art Union in London. As there are SIXTY-THREE PRIZES and only 120 members, the drawing will, no doubt, take place shortly. Every member will be advised of the time and place of drawing. G. GREENFIELD, . Treasurer. From whom Tickets can be obtained, ; .■ r 764 OTEPOPO ROAD DISTRICT. NOTICE IS HEREBY GIVEN that all RATES in the above Road Dis trict UNPAID at the end of this month (Jnne) will be SUED FOR. By order of the Board. - ALEXANDER PIItIE, fClerk to Board; - Ofcepopo, June 7th, 1879/ '' ' 1 836'
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OAM18790614.2.14.4
Bibliographic details
Oamaru Mail, Volume IV, Issue 984, 14 June 1879, Page 3
Word Count
960Page 3 Advertisements Column 4 Oamaru Mail, Volume IV, Issue 984, 14 June 1879, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.