Page 3 Advertisements Column 2

Temuka Leader, Issue 1537, 8 January 1887, Page 3

GREAT CLEARING SALE COMMENCED ONFRIDAY,MAHUARY7, DRUMMOND & GLASSON'S DRAPERS] AND CLOTHIERS, Commerce Howse, eo2 TIMARU. SOUTH CANTERBURY DRAPERY IMPORTING COMPANY NVITE INSPECTION of tlieir NEW and VARIED STOCK for XMAS. J. D. SLATER, nu 9 Manager for the 5.0.D.1.0. ROS P E C WINCHESTER FRUIT PRESERVING AND EXPORT COMPAHUIMITED. To be Incorporated under " The Companies Act, 1872," >nd the Aots amending the ■ante. CAPITAL, £I6OO-IN 1600 BHABES OP £1 BAOH, Payable ae follow! :—• Fire (6) Shillings par Share on application• Fit* (6) f hillings per Share on Allot* ment, and the balance in calls of not more than lire (6) Shillings per Share, at intervals of not less than Three Months. Pbotiuokju. Dibiotom: Hon. W. Bolleston, M.H.8., Messrs B. A. Barker, J. Pye, M. Oarrig, J. A. Young, J. M. Twomey, W. TJ. Slack, J. T. M. Hayhnrst, vY. B, Barker, J. J. Bllis, G. Taylsr, H. B. Smith, J. Lewis. Bursal: Bank of New South Wales (Tamuka). SouorroB: W. Gh Aspinall (Temnko). Tbiasubkß: J. A. Young. Bioibi: JT. J. Bllis. SlOBlZABT: G. A. Smith. 1. Tbe objeot for which this Prospectui »> submitted to the Public is, tofloataeompauy for the purpose of manufacturing Jam and Preserving Fruit. 2. During the past few few years large quantities of Bruit bare gone to absolute waste in this district, owing to there being no Market for the sale of it, and thus an avenue through which much wealth might be acquired is at present shut up. Everyone must recognise that it is desirable to open up this avenue as soon as posiible; also that the district is admirably adapted for fruit, growing, and that is an industry which would provide profitable employment for junior members of families owning small areas of land. 9. Furthermore the most diligent inquiries have led to the belief that the manufacture of Jam and the preserving of Fruit is very remunerative, and Shares in the proposed OompanymeyreasonablybeejpeoAedto pay good dividends! i. It i| undmteod that the district at present produces sufficient fruit to make between forty and fifty tons of jam a year, and if the proposed Factory is established, and the people are thus provided with a I certain market for their fruit, the supply will doubtless greatly increase, and the industry wftl proportionately expand. ft. On these grounds the Provisional t Directors are confident of success, and there* fore express a hope that fruit-growers and others will see the desirability of taking up ' up shares at once, so as to enable operations 3 to be commenced this season, and alio the ) absolute neoeisity that all the shares should > be taken up, so as to avoid lwingjj to pay I interest on borrowed capital