Page 2 Advertisements Column 2

Taranaki Daily News, Volume XLVII, Issue 8141, 25 June 1906, Page 2

PROSPECTUS OP THE Taranaki Petroleum Coy Limited. (A Company incorporated under "The Companies Act, 1903.) Directorst DANIEL BERRY, Now Plymouth, Merchant MURDOCH ERASER, New Plymouth, Merchant GEORGE CHARLES FAIR, New 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 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. JONES, and J. BOLLO will vacate office (but be eligible for election), and the Meeting will elect four Directors in their stead). Bankers: THE BANK OF NEW ZEiUND. Brokers i Now Plymouth: Mr W. BEWLET Auckland: Messrs FBATEE BEOS. Wellington: Messrs BARB, LEARY & CO., Messrs W. EAST & EAST, .and ME J. M. HUME Christchurch: Messrs R. HILL.FISHER & SON, and Messrs F. GBAHAM & SON Dunedin: Messrs QUICK & SMITH Auditors l Messrs T. 0. KELSEY and HUGH BAILY, New Plymouth Solicitors t Messrs GOVETr & QUILLIAM, Devon Street, New Plymouth.

Secretary! DAVID LAING, Egmont Street, New Plymouth. The 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 (othor than money) and undertaking, in con sideration of the allotment to the Liquidator or his nominees of 56,000 ordinary shares in this company, credited as fully paid up, but no formal Contract hasbeen executed between the Moturoa Petroleum Company, Limited. or the liquidator and this Company, binding this Company to. purchase the said business, asssets and undertaking. The remaining ordinary shares in the capital of the Company arc now offered to the public for subscription, to be paid as follows : \ 2/6 per share on application, 2/6 per share on allotment, and the balance as and when required by calls of not exceeding 2/6 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 Moturoa Petroleum Company, Limited, is registered under " The Companies Act, 1903," and its registered office is in Egmont Street, New Plymouth. The assets proposed to be acquired from the Moturoa 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 largo 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 officos of the Company's solicitors.

No valuation of the plant, land or boring rights lias 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 Motupoa Petroleum Company, Limitedi to the extent only of thei/ 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 tMb Daniei, Bebby is the holder of four ordinary £5 shares and £1 one preference share. Me Mubdoch Feasee and another are the holdors of two ordinary £5 shares. Mb Geobge Chables Faie is the holder of 51 ordinary £5 shares. Mb John Waheb Wilson is the holder of five ordinary £5 shares and nine £1 preference shares. Mb Wiiiiam Htthphbies is the holder of one ordinary £5 share and five £1 preference shares, Mb Michaei, James Jones is the holder of throe ordinary £5 shares. Mb John Holio is the holder of two ordinary £5 shares and five £1 preference shares. Me Geobge Chaeies Faib 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 to commence business, are estimated to amount to £l5O, and will be borne by the Company. By its Articles of Association tlie 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 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 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 shall 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 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 (lie number applied for, the balance of .the application moneys or a sufficient pwt thereof will be applied in reduction of the amount duo on allotment. Prospectuses and forms of application for shares may be obla : ned 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 witliiu 90 days after the first issue of the Prospectus, The Subscription List will Close on the 31st day of July next, OE SOONER IF SO DECIDED BY THE DIKECTOKS. [This Prospectus has been duly filed with the Eegistrar of Joint Stock Companies. | Dated the first day of June, 1906.

RTISTIC SINGING, VOICE- ■ PEODUCTiQN, & PIANOFORTE, i MISS MURRAY, Pupil of Mr Hamilton Hodges, Auek land. Is prepared to receive pupils for the above. Deep Bbeathiso, which is the foundation of correct singing, a specialty. Terms. &c. on application, Addres—Mrs BKOWN'S, corner Vivian and .Kobe streets