‘l. the. Gisborne' Gas Compan; ‘ [to BE REGISTERED.] CAPITAL : £lO,OOO, in 2,000 Shan of £5 each. Fine Shillings per Share to be paid c application, and Five Shillings on allotment. Calls are not likely to be more titan Fr Shillings per Share, but shall not in any ca exceed Ten Shillings per* Share, nor occur less intervals than one month. The Directors will be empowered te recei Calls in advance, and allow interest at the ra of Six per centum per annum from the da of Registration of the Company. DIRECTORS : William Adair Henry Boylan William Clarke Andrew Graham William Maude John Henry Stubbs William Henry Tucker Samuel Mason Wilson BANKERS : Bank of New Zealand. SECRETARY : Henry Haase. OFFICES : 4, Nasmith’s Buildings, Gladstoi Road. THE promoters of this undertaking t fully impressed with the idea that t time has arrived for the profitable establis ment of a company to provide the Borou with Gas. They are fortified in their opini by that of Mr. E. B. Parsons, of the Au< land Gas Co., Mr. J. R. George, of t Wellington Gas Co., and of other practii men. Some valuable statistics have also be obtained by personal canvass, which concl sively show that the proposed compan business will commence with a demand to t extent of at least. 10,000 cubic feet per diet which will be a dividend-paying quantity. Tlie Directors have several sites under th consideration, the conditions of which are suitable water frontages for shipping, wi position for ready access to consumers. It is proposed to erect works suitable 1 manufacture of Gas-from Coal, and to hs also the small additional plant necessary 1 utilising the Gas developed in the manufi ture of Anti-friction Grease and Paraffin fr< the mineral lately discovered in the Sou Pacific Petroleum Company’s ground, the li experiments having proved its suitability a Gas-making material. J The development of this industry from t latter material may therefore become one tgreht impertaiiee to the district, und- shot satisfactory arrangements be made with t Directors of the South Pacific Petrolei Company, the Gas necessarily evolved fr< the manipulation of the Paraffin mineral c be saved to the benefit of the consumers a laboring population. Forms of Application can be obtained fn the Secretary, 4 Nasmith’s Buildings, Gh stone Road, Gisborne, to whom annlicatir for Shares are required to be sent. P FORM OF APPLICATION. To the Directors of the Gisborne G Company (to be registered). Z^IENILEMEN, —I request you to al Y* “ ie • • ••■Shares in “ The Gishoi Gas Company (Limited),” and I hereby ae to accept the same (or any less number tl may be allotted to me), and I enclose the si the squired deposit of F Shillings per Share. Fame..... Usual 5ignature........... Occupation Postal Addre55............ Date...........................
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https://paperspast.natlib.govt.nz/newspapers/PBS18810806.2.30.2
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Poverty Bay Standard, Volume IX, Issue 967, 6 August 1881, Page 1 (Supplement)
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461Page 1 Advertisements Column 2 Poverty Bay Standard, Volume IX, Issue 967, 6 August 1881, Page 1 (Supplement)
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