Limited Prospects.

Te Aroha News, Volume IV, Issue 192, 19 February 1887, Page 4

Limited Prospects.

Latest— From Oar Own City Commissioner. The prevalent mania for floating every concern in tho shape of a Limited Company shows no signs of abatement, the most recent development of the movement resulting in the issue of the subjoined promising prospectuses, which speak for them-elved ;—; —

The Amalgamated Bakld Potato gan and Roast-Chestnut Company (Limited). directors. John Muggins, Mile End Road (Chairman). James Snooks, Botherhite. William Sikes, Elizabeth-streeb, Seven Dials.

Prospectus. The Company has been formed for the purpose of acquiring as a going concern, and for extending the Baked Potato business recently conducted with great financial success by Mr John Muggins, as also that of the Roast Chestnut interest for many years carried on at a substantial profit by Mr James Snooke, who received the property from his late father, Mr Jerry Snooke, who had already realised a large fortune out of it. The vendors not having kept any bookß of their respected butinessee, they have no figures to submit to the scrutiny of any firm, ot chartered accountants, but when they state that the proceeds of their unittd enterprise has produced during the last month and a half a weekly turnover of £2 17s 6d, the valuable character of the property new offered to the consideration of inquiring investors i? at once apparent.

The Crossing-Sweepers Corporation (Llmitedi. The director?, therefore, in making their first call for £3,000 of tha Company's capital, which they propose to raise by an issue of £1 shares, of which 9d will be payable on application, Is 3d on allotment, and tho balance at uncertain intervals, as circumstances may require, beg to point out to the investing public that this sum will secure from the proprietors the stock-in-trade, good-will, and plant, the latter comprising a finished apparatus, with steam- jet and pepper and salt box complete, for the peripatetic baking patotoes, and, also a perforated brazier, in fail condition, for the sale and display of roasted chestnuts. It is calculated that, by the energetic action of the vendors, who have consented for the first fifteen years to act on the Board of Direction, that a very extensive oonnec* tion, already established, may be indefinitely enlarged, and that, with fair success, a very handsome dividend will be forthcoming for payment to the shareholders.— Early application is invited. Abridged Prospectus. Capital, £500,000. This Company has been formed for the purpose of securing the whole of the cross-ing-sweeping interest of the metropolis under one head, thereby ensuring a monopoly of this xvell-recoguised, most lucrative industry. There being hardly any limit to the number of posts from which substantial incomes could be derived, the directors calculate that by charging a small premium in each caee for the letting of the same to impecunious members of the upper middle classes, notably to briefless members of tho Junior Bar, unappreciated artists, and unemployed literary men, they could count safely on the realisation, from this source, of a handsome dividend to the shareholders. A further and fuller Prospectus, to which will be appended a list of the directors, who will comprise several noted sweepers at tho present moment occupied on the principal Metropolitan Crossings, under the presidency of a distinguished East-End Baronet, who will act as Chairman, will shortly bft published. An early application for Bhares is invited.

Tbe West End Metropolitan Tripe and Onion Trading Company, Limited. The above has just been set on foot for the purpoß© of dealing largely in the supply to the more fashionable quarters of the Metropolis of this highly-popular East-End relish, and as a preliminary step the premises of Smith & Sod, the noted dealersof WatHngstreet, Commercial-road, E., together with the goodwill, plant, and general ntock-in-trade, have already been secured for a nominal sum. The directors being confident that it only needs an acquaintance With this delicate diab to make it the rap© at every dinner-table in Belgravia, do not hesitate to recommend the investment to shareholders anxious to seoure a speedy wad handsome dividend for their monty.