REG-IS TJKRjCD UK DI2R THE " COMFAHSES' STATUTE, 1.864:."
Of which 450,000 Shares are now offered to the public on the following terms of payment, viz.:— 5s on Application; 5s on Allotment; 5s in Two Months from Application; 5s in Three Months from Application. It is not anticipated that it will bo necessary to make any further Calls, but in any case they will not be made in larger sums than 2s 3d per Share, nor at intervals of loss than three months. The remaining i.^n nnn Mhoi^s «.i^ vptmnpri for r.hp Vp.nrlnrs. as hereinafter stated. A Dividend of 10 Dor cent, uer annum udou the Paid-ui) Capital is guaranteed for .Four Years by the vendors.
100,000 SHARES ARE SPECIALLY RESERVED FOR NEW ZEALAND.
DIRECTORS-— Hex. JAMES BALFOUE, M.L.C., Messrs. Balfour, Elliott and Co.. Limited; KOBT. HARPEK, Esq., M.L.A., Messrs. Kobt. Harper & Co.; GEOKGE LUSH, Esq., Messrs. Newell & Co.; GEORGE H. MANN, Esq., Messrs. Ettershaiik, Eaglcstone and Mann ; HARVEY PATTERSON, Esq.; Hon. Lfeut.-Colonkl F. T. SAKGOOD, C.M.G., M.L.G.; JOHN SHARP, Esq., Messrs. John Sharp & Sons. MANAGING DIRECTOR :— DAVID BLAIR, Esq., Market Street, Melbourne. LOOAL DIRECTOR FOR NEW ZEALAND :— GEORGE TTOLDSHIP, Esq., Auckland. SOLICITORS:— Messks. MADDEN & BUTLER, 75 Collins Street West, Melbourne. E. T. DUEAUR, Esq., Auckland. NEGOTIATING BROKERS :— Messrs STEWART & GARLICK, Auckland. BANKERS:— BANK OF AUSTRALASIA, BANK OF NEW SOUTH WALES, BANK OF NEW ZEALAND, THE CITY OF MELBOURNE BANK, Lm SECRETARY {pro /cm.) : A. M. VALANTINE, Union Buildings, Chancery Lane. BROKERS— MFLBOURNE • Messks. CLARKE & CO.; WM. NOALL, Esq., Collins Street East ; JAMES DONALDSON & Co., Limited ; CHAPMAN & WAKLEY, Limited ; Messrs. BROCK BROS., " Metropolitan Chambers, Collins Street East ; HERBERT WILSON & CO., Limited, Collins Street West.
mHE Company is formed for the purpose of acquiring and completely taking X over all rights and obligation^ under Contracts of purchase recently made of the Propeities., Businesses, and Assets of the companies and owners hereunder set out, which include nearly all the present Kauri Forests alienated from the Crown, and the mos-t important. Saw-mill interests in the North Island of Is'ew Zealand, and for completing siicli contracts, and carrying on, and working all, or so many as the Directois may think fit, of ; such Saw-mills most of which are at present in full operation, with the view to trade principally in sawn and dressed wood, and for any other purpo&es mentioned in the Memorandum of A.-sOciation that may be required. These contracts the Vendors have, after negotiations, conducted at great expense and trouble, and extending over a considerable period, been able to secure on extraordinary favourable terms, being aided thereto by the extreme competition between the numerous proprietors. The documents themselves, or certified copies, can be inspected at the offices of the Solicitors to the Company, in Melbourne and Auckland, together with an approximate statement of the purchase moneys, so far as they can be ascertained. It is impossible at present to state these purchase moneys exactly for vaiious> reasons, such as that the purcha&es include large stocks of timber of yet undetermined quantities ; in some instances the purchases are going businesses, and some of the contract? are for the future supply ot timber to be paid for at specified rates. The Vendors to the Company areMessrs George Holdship, Harvey Patterson. John Sharp, William Smith, George Napier Turner, William Harper, John Moodie, Geoige Lush, George Shaw, Robt. J. Harvey, George Hay Mann, Matthew Lang, Matthew Henry Davies, Edwin C. Elliott, John ti. Patterson, Alexander Fra*.er Ross-, Michael Willis Forgusson, David Blair, Charles F. Orr, and Thomas, Christian ; and the following are the principal concerns which they have acquired, viz. :— AUCKLAND TIMBER COMPANY, LIMITED, including this Compare % ' Mills at Sydney, Auckland, Port Charles, Whangaroa, Mongonui, and Kennedy's Bay, with rights to Forests and Freehold Lands in the immediate neighbourhood. The Sydney property has an area of about five acres, with a valuable frontage to Sydney Harbour, the Mill and Site being valued at the present time at £40,000. The Auckland Mill Site has also a large Water Frontage of greatly increasing: \alue, and the Mill is most complete and extensive, and is valued at C 40,000. The Kauri Timber Company is to take over with these Properties the steamers "Terror," "Yankee Doodle," and " Hokianga, 5 ' and the .-chooners " Mariner," " Kauri," and "Rata." and the whole of thi^ Company'^ Assets and Liabilities as a going concern. NEW ZEALAND TIMBER COMPANY. .LIMITED, including Mills at Auckland, Whangapoua (two mills), and Freeman's Bay, with Freeholds including Lands to be auriferous. The Cutters '-Fanny,'" •' Nellie,"' "Gipsy,"' and the Barges "Progress" and " Waitemata," and several Punts, Boats, etc., are taken over by the Company. On the property there are three miles of Tramway, with three Locomotives, five Trucks, and Gear. The Town Leaseholds have valuable Frontages to the Main Streets. This Property is to be taken as a going concern from the 31st December last. UNION STEAM SAW, MOULDING, SASH AND DOOR COMPANY, LIMITED, including large and valuable Mills nb Mechanics' Bay, t Auckland,' Aratapu, and Tairua, excepting only the premises in ' Melbourne. The Aratapu Property has \aluable Berthing Accommodation, and all conveniences for shipping. A very large stock of timber is included, and to be taken at valuation. Various busines- contract? will also pass to the purchasers. The vending company pays all outgoings to 31st May, ISBS. KOPURU SAW MILL COMPANY (Dr. Campbell), Northern Waiioa Rhei, , Kaipara, including over 4,000 acres Freehold and 40,000 acies Leasehold Lands with all water rights. Stock ol timber to be taken on specified terms and vessels, etc., at valuation. i MERCURY BAY SAW MILL COMPANY, MERCURY BAY. This, property has wharfage accommodation capable of berthing three \ e.-^elb at once. The Freehold and Leasehold Lands and all other As-efo to be | taken over with Liabilities as a going concern. , MESSRS. DAVID BLAIR &, SON, of Hikutaia, Thames River, and Market : Street Melbourne, with Forests, Freehold and Leasehold Lauds, Wharves, i and Booms, and their Kauri Timber and other New Zealand business us ' a goinc concern, without any charge for goodwill. This purchase , includes the Barques " Grassmere " and " Killarney," with several Boats. I Punts and Rafting-gear, but not Mr. David Blairs business in timbers ! nob imported from New Zealand. Messrs. Blair and Son are bound by bheir agreement nob to engage in business connected with Kauri, or other New Zealand Timber~for ten years. SHORTLAND SAW MILL (Messrs Stone and White). Mills at Auckland and Shortland. Business as a going concern. The Auckland Mill has p-ood Water Frontage. There are over 29,000 acres ot Leasehold Lands in this property. MESSRS JAGGER & PARKER. Mills at Whananaki and Oriwa and Forests at Makarau and Kaukapakapa. A Tramway is laid from the Bush to the Whananaki Mill. MESSRS SHAPPE & ANSENNE, Mercury Bay. The Mill Site has wood wharf accommodation for two vessels drawing 8 feet of water. There is also a Tramway, with Steel Rails, laid into the Bush, with EnginerTrucks, etc., for hauling ; and the necessary Dams, Booms, etc., for working the Bush. The whole is taken as a going concern. j MR. PIERCE LANIGAN, NGUNGCJRU. Including about 4000 acres of Freehold, and 6800 acres of Leasehold Lauds. -Vessels and stock ot timber to be taken at a valuation. ONEHUNGA SAW MILL, WAITAKEREI (Mr. F. P. Ch.rke). The Mill is situated at Onehunga, on the Manukau Harbour, well suited for the West Coast trade. The forest is about 20 miles from Auckland, and timber can be delivered from the Mill to the Waitakerei Station of the Kaipara Railway, and thus at same cost at Helensville, Auckland, and Onehunga. MR. JOHN WIGMORE, WHANGAROA. With over 1300 acres of Freehold Land. Stock of timber to be taken at specified rates. HELENSVILLE TIMBER COMPANY, LIMITED. This Mill is on the bank of the Kaipara River, at Helen&\ille. There are also Retail Yards at Mount Eden Railway Station, and at Christchurch, N.Z., and Railway-siding from the Mill to Auckland and Helensville Railway. Stock to be taken at valuation. HOKIANGA SAW MILL COMPANY, LIMITED, including wharf 440 feet long, capable of berthing three vessels. MESSRS WHITELAW & DAY. Sawmill at .Hikurangi, Whangarei. There is three-quarters of a mile of Tramway on this property. MR. HENRY BRETT. Over 4000 acres Freehold Land, with Tramways, etc. PORT FITZROY TIMBER COMPANY, GREAT BARRIER ISLAND. Including nearly 6,000 acres of Freehold Land. Several creeks di&charge into Fibsroy Harbour on West Coast of the Island, thus providing cheap transport for logs from the bush to the Mill. MESSRS. BRADLEY & MANDER, KAIWAKA. There is a Tramway laid, down from Bush to bring out logs. Several business contracts are also to be assigned to the Company. Stocks to be taken at specified rates. ■MESSRS. W. B. JACKSON & CO. LIMITED, PUPUKE. Freehold Lands and Bush. W, B. JACKSON. PUPUKE. Freehold Land and Bush.
Applications for 87vares to
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https://paperspast.natlib.govt.nz/newspapers/TAN18880718.2.34.1
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Te Aroha News, Volume VI, Issue 282, 18 July 1888, Page 5
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1,452Page 5 Advertisements Column 1 Te Aroha News, Volume VI, Issue 282, 18 July 1888, Page 5
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