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Public Notices. )ROSP,E 0 T U S OP THE, PATEA OIL AND. PI jBRl£ 5 MANtTFACTUEING COMPANY;' ' ’ (Limited.) ' 1 ' j Tobedneorporated under The Joint' : Stock Companies 1 Act,” and the' Acts ; i 1 atn©nding,;thesamej ‘ , - • / ,

,C|IPITAL **« v «®3jpO( , ilii Shares, at £5 each. ’ ’ I TO BE CALLED UP,AS,.FOLLOWS I TOs per ‘ j share, upon allotment, and 10s per short • every three months thereafter until tht ■ j whole capital is paid up. i .... f : . PROVISIONAL DIRECTORS : SOUCITOR : ■ Mr Elliott L’S Barton. •BANKERS ; , Bank of Australasia., ■ > SECRETARY-ipro tern>) ■ \ Mr William’ Cowpnu l l >" ■■ ‘Jj , , M - ■' rpHB Capacity of .-the Soil in thig > District i iJ- . for the growth of, English pud i the large annual importation .of o}l and : Twine; have; long'pointed to the possibuity of i ,developing a new and lucrative industry m New’ Zealand. ! * ‘After J e±p^rinientis' on the grbVthof Fhik' in after careful enquiry into 1 the cost'of toanufacttiringdiihseed Oil,-Oil Cake, Flax Fibre, -Rope^ ■and -Twine id NhWvZealand; practicalrmen have become convinced j(on, comparing the cost of' production with the market price of the imported articles) that the manufacture of such articles in l the* > colony • would’ be an exceeedingly profitable undertaking. ; They .also see clearly that' tpe development of such 1 an industry would be of -great benefit! to Farmers,; inasmuch as it would them to grow- a ffl-ew crop, with; an assured market at - f ,v j < Tfy? Fm-mera’i (Hub, haying ;taken up! the matter, appointed*; Committee to collect the information on the subject, -necessary- -to make an exhaustive ,report. At., a, public meeting, called by. the .Club, tqconsider, * the Committee’s report, it. was, resolved ,to, float a’ Company for the above purpose. ; The Committee's report, together with a full I record of the'proceedings'-of that' meeting, i was published' in the PATBA ’ Miili and Evening News of the 16th' Hay, 1882.°' '* : ”]■! If the Company- should hbt be formed wjit|im six months: the deposits' will -be re*- 1 -turnedi-to applicants,- less -apropoirtion l of : the amount. sufficient, ;to ■ cover preliminary' expenses,; such -expenses nofr-to exceed»£lo. f i ; Prospectuses and Forms of Application for Shares may be obtained from the Secretary, ,Patea,,nr,-fipmanysof..the ; Branches-nf .the 1 Bank of Australasia. - ,, ■ ; Share-List -will close on theSOto-June next. CQWFBNi, - - , n/j j t, : - fUecpepe^j,profepi t ~,;

I Ptftea 'brehhwater is' 1200 feetld%; ! ahd the amount’ expended* on - cohWoCtlon, Salaries, &c., since July ’77, is £13.887. ! Present dhptfi 'ort' -fchcilqFeet at ordinary spring, tides. Sir JohnvGosodb estimated that by j *’ ’ 1 400 feet ‘ ?d that by carrying the t further out (one-third longer than,' .i*\r' hi present), a depth of 16' feet at ordihary drier .tidek will' be’ 'attained?'rinder ««*- spring tidee will be attained] s 'under uti favorable pircjumelancps. ■ : ; Tkiss concernpteserit lehgth of 'I2OO thihwia expected.*. The*tost,eofafshae bekd-' very jinuch»lepß, than. the., first pstimatot ? e*ii ; 30 miles to Wari’gahui; ); iikwera-, is.’ 18 tnilesi from* Patea i; by a railway touted ad compared with 45 to* Waitaraorfilto New Plypmuth landing-pipr*; : Manaia 28 pier. 7i"f. iudwo.TfcfhDatea District 5 Amcultursil M j■ ;’!^Pastoral< ‘ Atfcoeiaffittiv;' !5 ! ' 1 w 'yearly*.' Spring.and k npal ,meatiog/sis: held- in*, present pjembejrs on.'the IfneJ* =-> v identj. . • HIM I treasurer hiffion, secretary., , 'S.t U tk; iff month. Good Templars meet oh Wednesdays. - Foresters - meet - - every- “second” ~ 1 '* ' 1 ' 11 ■" ' ' D ‘ .ifp® A i rS-611le men t. The WesyCpps^an^tJomm has reported to 'Goyefnmhht. ah approximate estimate l <of Crown ■ * lahd 7 available’’ l fdr settlement near Patea harbor,* located-in Road-Board districts-thrn^i-—’ ; i .•*' :, J A I I *' * i . :Wairdet district.; i n d 1 Patea East. ’ 4,219;! ' - 87*800' I Patea-West-:. 7 ,13,37,6;’.,. i 3 i ; Rawera district. 4,29.7,, .30,200 I j. Ngaire district-.-",. 2,507 '• I l\ 'V r i.- , ; Outlying districts 98V728 1 "' 128)386 Totals , 114,427 . 281,186 m leasing''in farm tseciidris 5 of acireS each : ’The <SH6yerainen,t large aveas-vpahtwavd ■bf'-'ihe Patea'; rivet, 7 U d ixc I 1 L. u trail .;L k.-’T extent of level ik be excellent fo't%ett}gtherif. : %' • vi ol iv,hni 1% < «n 4n A . I iir» 4?%^ secretary tre^sur

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https://paperspast.natlib.govt.nz/newspapers/PATM18820630.2.24.5

Bibliographic details

Patea Mail, 30 June 1882, Page 4

Word Count
653

Page 4 Advertisements Column 5 Patea Mail, 30 June 1882, Page 4

Page 4 Advertisements Column 5 Patea Mail, 30 June 1882, Page 4

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