Page 1 Advertisements Column 3

Poverty Bay Standard, Volume IX, Issue 964, 27 July 1881, Page 1 (Supplement)

THE Gisborne Gas Company [to be registered.] CAPITAL : £lO,OOO, in 2,000 Shares of £5 each. Five Shillings per Share to he paid on application, and Five Shillings on allotment. Calls are not likely to be more than Five Shillings per Share, but shall not in any case exceed Ten Shillings per Share, nor occur at less intervals than one month. The Directors will be empow'ered te receive Calls in advance, and allow interest at the rate of Six per centum per annum from the date of Registration of the Company. DIRECTORS : William Adair Henry Boylan William Clarke Andrew Graham William Maude John Henry Stubbs William Henry Tucker - Samuel Mason Wjlson BANKERS : Bank of New Zealand. • • l • vi,. SECRETARY : ; Henry Haase. OFFICES : 4, Nasmith’s Buildings, Gladston Road. THE promoters of this undertaking ai fully impressed with the idea that th time has arrived for the profitable establish ment of a company to provide the Boroug with Gas. They are fortified in their opinio by that of Mr. E. B. Parsons, of the Aucl land Gas Co., Mr. J. R. George, of th Wellington Gas Co., and of other practici men. Some valuable statistics have also bee obtained by personal canvass, which conch sively show that the proposed company business will commence with a demand to th extent of at least 10,000 cubic feet per diem which will be a dividend-paying quantity. The Directors have several sites under the consideration, the conditions of which aresuitable water frontages for shipping, wit position for ready access to consumers. It is proposed to erect works suitable f< manufacture of Gas from Coal, and to ha’ also the small additional plant necessary fi utilising the Gas developed in the nianufa ture of Anti-friction Grease and Paraffin fro the mineral lately discovered in the Soul Pacific Petroleum Company’s ground, the la experiments having proved its suitability as Gas-making material. The development of this industry from tl latter material may therefore become one great importance to the district, and sliou satisfactory arrangements be made with t Directors of the South Pacific Petroleu Company, the Gas necessarily evolved fro the manipulation of the Paraffin mineral c be saved to the benefit of the consumers ai laboring population. Forms of Application can be obtained fre the Secretary, 4 Nasmith’s Buildings, Gia stone Road, Gisborne, to whom applicatio for Shares are required to be sent.

FOEM OF APPLICATION. To thb Directors of the Gisborne G Company (to be registered). Gentlemen, —i request you to ai meShares in “ The Gisbot Gas Company (Limited),” and I hereby agi to accept the same (or any less number tl may be allotted to me), and I enclose the si (with to over Thirty Millions of marks) are interested in every risk undertaken. THIS Company is prepared to take r against loss or damage by fire on description of insurable propertv at lowest rates. J . Com PW * 8 not connected with larirf Association. ALL LOSSES will be promptly paid in Colony as soon as claims are adjusted. LANGE & THONEMAN, General Agents for New Zealanc Bond-street, Dunedin. W. K. McLEAN, 191 Agent for Poverty Ba'