PKOSPECTUS OF THE Taranaki Petroleum Coy. Limited. (A Company incorporated under "The Companies Act, 1903.) Directors: DANIEL BERRY, Now Plymouth, Merchant MURDOCH FRASER, New Plymouth, Merchant GEORGE CHARLES. FAIR, New Plymouth, Oil Expert JO 1 IN WALTER WILSON,,Now Plymouth, Warehouseman WILLIAM HUMPHRIES, New Plymouth, Merchant MICHAEL JAMES JONES, New Plymouth, Architect JOHN ROLLO, New Plymouth, Engineer (The First Meeting of Shareholders will be held not less than ono month or more than'three months from the time the Company becomes entitled to commence business, at which meeting Messrs J. W. WILSON, W. HUMPHRIES, M. J. JONESj and J. ROLLO will vacate office (but be eligible for election), and the Meeting will elect four Directors in their stead).
Bankers: THE BANK OF NEW ZEALAND. Brokers s New Plymouth: Mr W. BEWLEY Auckland : Messrs FRATER BROS. Wellington: Messrs BARR, LEARY & CO., Messrs W. EAST & JiAST, and MR J. M. HUME Christchurcli: Messrs R. HILL - FISHER & SON, and Messrs F. GRAHAM & SON Duuedin: Messrs (JUICK & SMITH Auditors : Messrs T. 0. KELSEY and HUGH BAILY, New Plymouth Solicitors: Messrs GOVETf & QUILLIAM, Devon Street, New Plymouth. Secretary: 11AVID LAING, Egmont Street New Plymouth,
Tlio objects and powers of the Company are set out in the Memorandum of Association. The Capital of the Company is £120,000, divided into 120,000 shares of £1 each. It is proposed to acquire from the Liquidator of the Moturoa Petroleum Company Limited, the whole of its business, assets (other than money) and undertaking, in consideration of the allotment to the Liquidator or his nominees of 50,000 ordinary shares in this company, credited as fully paid up, but no formal Contract has been executed between the Moturoa Petroleum Company, Limited.
or the liquidator ami this C Mr/uny, binding tliis Company to purchase the said business, assseta an l iiiiili'rt.tkiun. The remaining ordinary shares in the capital of the Company are noiv offered to the public for subscription, to be paid as follows: 2/1 i per share on application, 2/ti per share on allotment, and the balance as required by calls of not exceeding 2/15 per share at intervals of not less than sixty days. All shares are to rank for dividend according to the amount paid up thereon. The Motunoa Petroleum Company, Limited, is registered under "The Companies Act, 11)03," and its registered office is in Egmnnt Street, New Plymouth. The assets proposed to bj acquired from the Motupoa Petroleum Company, Limited, consist of Petroleum boring plant, a freehold section (containing 0 acres, 3 roods, 32 poles) at Moturoa, and a number of boring rights over a large area of land in Taranaki. A list of the plant, the title lo the freehold section, and relating to the boring rights, may be inspected at" the offices of the Company's solicitors. No valuation of the plant, land or boring rights has been or is intended to be made on behalf of this Company. The Directors of this Company are interested in the property proposed to be acquired from the
Moturoa Petroleum Company, Limited. to the extent only of their intercuts as shareholders in that Company. The following are the particulars of tlifc number of shares held by the Directors of the Company in the Moturoa Petroleum Company, Limited Mb Daxiel Beeey is the holder of four ordinary £5 shares and £1 one preference share. Mb Mpedocii Fbasee and another arc the holders of two ordinary £5 shares. Mb Geobge Chables Fair is the holder of 51 ordinary £5 shares. Mb John Waited Wilson is the holder of five ordinary £5 shares and nine £1 preference shares. Mb William Httmphbies is the holder of one ordinary £5 share an! five £1 preference shares.
Mb Michabi, James Jones is the holder of three ordinary £5 shares. Me John Rollo is the holder of two ordinary £5 shares and five £1 preference shares. Me Geoege Chables Fair is also a Director and the Manager of the Moturoa Petroleum Company, Limited. The preliminary expenses of and incidental to the formation and estab lishment of this Company and until this Company shall be entitled (o commence business, are estimated to amount to £l5O, and will be borne by the Company. By its Articles of Association the Company is authorised to pay a commission of not exceeding five per centum, to any person in consideration of his subscribing or agreeing to subscribe whether absolutely or conditionally, for any shares in the Company, or procuring or agreeing to procure subscriptions, whether absolute or conditional, for any shares. The following are the Clauses in the Articles of Association, fixing the number of shares required ior a Director's qualification, and as to the remuneration of Directors:— No. 89—The qualification of every Director shall be the holding in his own right of five shares. No. 91—The Company in general meeting shall from time to time determine the remuneration to be paid to the Directors. If, in the opinion of the Board, it is desirable that any |of their number make any special journeys, or perform any special services, on behalf of the Company, or its business, such Director or Directors sh&U be paid such reasonable additional remuneration and expenses therefor as the Board or Company may from time to time determine. A Director may hold a place of profit under the Company, as Manager or Managing director of the Company. Applications for shares should be made and sent to any of the Company's Brokers, together with the amount payable on application. If no allotment is made, tho deposit will be returned in full and if the number of shares allotted on any application is less than the number applied for, the balance of the application moneys or a sufficient part thereof will be applied in reduction of the amount cjuc on allotment. Prospectuses and forms of application for shares may bo obtainod from the Secretary or from any of the Company's Brokers. The Minimum subscription on which the Directors may proceed to allotment is 15,000 shares. As the minimum subscription must be allotted within DO days after the first issue of the Prospectus, The Subscription List will Close on the 31st day of July next, OR SOONER IF HO DI'XTDKI) BY THE DIRECTORS. [This Prospectus lias been duly filcJ with the Registrar of Joiut Slock Companies. | Dated the first day of .June, 11)00.
Autistic singing, voicePRODUCTION, &, PIANO- j EOiiTE. ! PHYSICAL DEVELOPMENT. MISS MURRAY, j BOXING. IWIIESTLING, Pupil of Mr Hamilton llodgcs, Auek-j JIU-JITSU. land. | Is prepared to receive pupils for tl.ej T\ liEpT BREATHING Exercises, a " ove ' U and a course,' of physical train-Deei-BiiEATitixfi, wliidi is llie I'oun-j ing, in four lessons, at Mr Taylor's dation of correct singing, a specially, j Central School Gymnasium, Mondays ~ , . and Wednesdays, at 7.30 n.iu. Terms. Jic.. on application. Addres —Mrs BROWN'S, corner Vivian and Terms on application to ± lobc st ™ ts PliQf. J, 1, STAGPOOLk
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Taranaki Daily News, Volume XLVII, Issue 8137, 20 June 1906, Page 2
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1,138Page 2 Advertisements Column 2 Taranaki Daily News, Volume XLVII, Issue 8137, 20 June 1906, Page 2
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