Page 2 Advertisements Column 2

Taranaki Daily News, Volume XLVII, Issue 8140, 23 June 1906, Page 2

PKOSPECTUS OF THE Taranaki Petroleum Coy. Limited. (A Company incorporated under "The Companies Act, 1903.) Directors:

DANIEL BERRY, Now Plymouth, Merchant MURDOCH PHASER, New Plymouth, Merchant GEORGE CHARLES PAIB, Now Plymouth, Oil Expert JOHN WALTER "WILSON, New 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 one> month

Bankers: THE BANK OF NEW ZEiLAND. Brokers : New Plymouth: Mr W. BEWLEY Auckland: Messrs PRATER BROS. Wellington: Messrs BARR, LEARY & CO., Messrs W. EAST & EAST, and MR J. M. HUME CkrUtehureln Messrs R. HILL-FISHER & SON, and Messrs F, GRAHAM & SON Dunedin: Messrs QUICK & SMITH Auditors '. Messrs T. 0. KELSEY and HUGH BAILY, New Plymouth Solicitors s Messrs GOVETf & QUILLIAM, Devon Street, Now Plymouth. Secretary* DAVID LAING, Emiont Street, New Plymouth,

The objects and powers of the Company are set out in tho Memorandum of Association, Tho Capital of the Company in £120,000, divided into 120,01% shares of £1 eachIt is proposed to acquire from the Liquidator of the J Moturoa Petroleum Company Limited, rhe whole of its business, assets (other than money) and undertaking, in eon sideration of the allotment to the Liquidator or his nominees of 50,000 ordinary shares in this company, rrediti-J as fully paid up, but no formal Contract hasbeen executed between the

Moturoa Petroleum Company, Limited. nr the liquidator ami this C >m;my, binding this Company to purchase the said business, assscts ami undorUkiii!?. The remaining ordinary shares in the capital of tho Company arc now oir.'ivd to the public lor subscription, to be paiti as follows: 2;:> p-T sharp uu application, 2/li per share on allotment, and the balance as and .vheu r .quired by calls of not exceeding 2/0 per share al intervals of not less than sixty days. All shares are to rank for dividend according to the amount paid up thereon. The Moturoa Petroleum Company, Limited, is registered under "The Companies Act, 1903,'' and its registered office is-m Egmont Streot, New Plymouth. The assets proposed to bo 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 to the freehold section, and the instruments 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 arc interested in the properly proposed to be acquired from the Moturoa Petroleum Company, Limited. to the extent only of their interests as shareholders in that Company. The following are the particulars of the number of shares held by the Directors of the Company in the Moturoa Petroleum Company, Limited : Mb Daniel Beeby is the holder of four ordinary £5 shares and £1 one preference share. Mb Murdoch Fbaseb and another are the,Mdcrs of two ordinary £5 shares. Mb George Chables Faii! a-the holder of 51 ordinary £5 shares. Mr Johx Wambb Wilson is the holder of five ordinary £5 shares and nine £1 preference shares. Mb William Humphbies is the holder of one ordinary £3 share an 1 five £1 prefersnee shares. Me Michael James Jones is the holder of three ordinary £5 shares. \ Mb John Eollo is the holder of two ordinary £5 shares and five £1 preference shares, i Mb Gboboe Chables Faib is also a Director and the Manager of the Moturoa Petroleum Company, Limited. ■ The preliminary expenses of and incidental to the formation and eslab I lishment of tliis Company and until this Cc'mpany shall be entitled to 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 paj 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 subscript • lions, whether absolute or conditional, for any shares. The following are the Clauses in the Articles of Association, fixing the number of shares required for 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 der termine the remuneration to be paid to the Directors. If, in the ) opinion of the Board, it is desirable that any jof their number ! make any special journeys, or perform any special services, on behalf of the Company, or its business, such Director or Directors shall be paid such reasonable additional remuneration and expenses therefor as the Board or Company may from time to time A Director may hold a place of profit under the Company, as Manager ur Managing lircctor 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, the 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 monc3's or a sullicient part thereof will be .ipplied in reduction of the amount due on allotment. Prospectuses and forms of application for shares m ly be obtained from >1 the Secretary or from any of the Company's Brokers. '• The Minimum subscription on which the Directors may proceed to allote mentis 15,000 shares. As the minimum subscription must be allotted within 90 days after th< first issue of the Prospectus, The Subscription List will Close on the 31st day of July next, OR SOONER IP SO DECIDED BY THE DIRECTORS. [This Prospectus has been duly filed with the Registrar of Joint Stock Companies. | Dated the first day of June, 1906.

MTSTIC SINGING, VOICE. ■ PEOI)UCTi?N, & PIANOFOKTIi. MISS MURRAY, Pupil of Mr Hamilton Hodges, Auckland. Is prepared to receive pupils for the above. DEEr BbEathing, which is (he foundation of correct suigma, a specialty, j Terms. &c. on application. —Mrs BROWN'S, corner Vivian and Kobe streets

PHYSICAL DEVELOPMENT. BOXING. WRESTLING I JIU-JITSU. - aii EATHING ~ Exercises, and a course; of physical trainI ing, in four lesson?, at Mr Taylor's Central School Gymnasium, M wdays and Wednesdays, at 7.30 u.tn. Terms on application to PBOF. J. J. STAGPOOi.fi