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Prospectus. agents, and on agency terms; but it will be prepared, if such business is not offered, to undertake it as principals. The question of the meat supply to Europe is one of the most important of the present day, and is exciting great attention. Every year in England the food supply grows less in proportion to the population as is evidenced by the fact that in 1870 the total value of meat imported into the United Kingdom was £7,700,000, but in 1880 it had grown to upwards of £26,000,000. _ The present values of fat s*ock upon the Coast being so low, shareholders in the Company would reap an immediate benefit, as they would be able to provide themselves with a steady and regular market for their Stock at paying rates all the year round, glutted markets and nominal prices being rendered impossible to those Farmers and Stockowners who have an interest in and avail themselves of the services of the Company, Shareholders shall always have the first claim upon the Company’s services. It is proposed to purchase or to lease a suitable site at Patea for the purpose of erecting thereon the necessary store (calculated to hold not less than 2000 carcases), machinery, yards, &c., for the requirements of the Company; and to convey the frozen meat or produce to one of the principal ports in the Colony for immediate shipment by Horae vessel or if no vessel is in such port, to store it, pending shipment; and in order to provide for such storage, the best possible arrangements will be entered into as soon as is desirable at the port chosen for Home shipment. Messrs Haslam’s agent has examined the s.s. Waverley, now trading to Patea, and reported that she can be fitted up for a moderate sum with Refrigerating machinery, to cany 890 sheep, without materially reducing her cargo-carrying capacity. The objects of this Company aire: of such great importance to all on this Coast, especially as it is essentially a grazing district; that the promoters count upon the support of all interested in its successful operations. As soon as in the opinion of the Directors, sufficient capital is subscribed, the Company will be registered, shares allotted to subscribers, and operations commenced. Applications for shares to be made to the Provisional Directors or to the Interim Secretary, Mr T. Eyton, at the office of the Company, Egmont-slreet, Patea, where forms can be had, on or before the Ist day of October, 1883. I The application fee can be paid to j either of the Branches of the Bank of j N.Z. at Hawera, Mauaia, Normanby, Waverley, or Patea, or to the Interim Secretary. The Memorandum of Association can be seen at the office of the Solicitor to the Company. , 1 f If more shares are applied for than can be allotted, the allotment will be made pro rata. Prospectus OF THE tttellington meat preservW ING- AND REFRIGERATING COMPANY (Limited). To be registered under “The Joint Stock. Companies Act, 1882.” Capital - In 5000 Shares op £lO each (With’power to increase). Payable-Ten Shillings on application ; Teh Shillings on allotment ; and subsequently by Calls not exceeding at the rate of Five Shillings per month per Share. Provisional Directory. (The following gentlemen will act on the Company’s behalf until the appointment of the permanent Board by the Shareholders.) Charles Johnston, Esq, M H R (Messrs Johnston and Co) Hon llobert Campbell, MLC W; Waring Taylor, Esq ; J G Wilson, Esq, M H R Donald Fraser, Esq John McLennan, Esq, Oroua Downa Charles B Izard, Esq (Messrs Izard and Bell) ‘ ' F A Krull, Esq (Messrs Krull and Co) Joseph Abbott, Esq, Wanganui ’ J McMenamen, Esq, Terawhiti John Stevens, Esq (Messrs Stevens and Gorton, Bulls) . James Smith, Esq (Messrs Turnbull, Smith and Co) 0 0 Murray, Esq (Messrs Murray, Roberts, and Co.) James Bull, Esq, Bulls John T Dalrymple, Esq; Bulls AH Miles, Esq, (Messrs Murray, Roberts, and Co) John P Russell, Esq, Wangai-Moana Alfred Matthews, Esq., Featherston Andrew Young, Esq B J Riddiford, Esq George Luxford, Esq . " , ' F B Lark worthy, Esq, Carnarvon Estate, Sanson With power to add to their number. Bankers : The Colonial Bank of New Zealand. Solicitors : Messrs Izard and Bell Broker : W Axup Interim Secretary : Henry Wright Temporary Offices : Temple Chambers All expenses in connection with floating the Company prior to registration to be borne by the Vendors. The objects with which this Company is projected are to purchase, continue, and extend the businesses of Messrs J and H Barber, and Woods, Crosbie and Co, which have been so successfully carried on for many years past, consisting of six retail shops, meat preserving and boiling-down plant complete, paddocks, yards, horses, carls, and all the appliances necessary for conducting the extensive business which now exists. A schedule of the various properties used in the businesses is appended at foot, and the values having beeu ascertained by a competent independent valuator, and approved by the Provisional Directors, it is proposed to take them over at the sum of £18,789 5s (vide Schedule A), of which the proprietors will retain in paid-up shares the sum of £12,000, leaving the

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https://paperspast.natlib.govt.nz/newspapers/PATM18830824.2.18.5

Bibliographic details

Patea Mail, Volume IX, Issue 1077, 24 August 1883, Page 3

Word Count
858

Page 3 Advertisements Column 5 Patea Mail, Volume IX, Issue 1077, 24 August 1883, Page 3

Page 3 Advertisements Column 5 Patea Mail, Volume IX, Issue 1077, 24 August 1883, Page 3

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