Page 3 Advertisements Column 2

Tuapeka Times, Volume VII, Issue 364, 13 June 1874, Page 3

PROSPECTUS { OV THB \ OTAGO PAPER-MAKEBS' COMPANY \ (LIMITED). Capital V) , ., ... filff.OOO, In 3000 Shares of £5 each, with power to ' increase. . ■ Deposit on application' lOsw, and on allotment 10s. per share. ,-, PBOTIBIOirjJi DIKSCTOBS: Mr. Horace Bastings, M.P.O. „ George foU," Evening Star" „ W. J. Calder, Merchant, Inveroargfll .^0 „ D^F.Main „ James Marshall, Marshall and Copland ' „ John Mitchell, Fergusson and Mitchell „ Andrew Mercer, Mayor of Dunedin „, Edward M'Glashan, M.H.R* . „ David Proudfoot „ aS. Reeves, M.P.C. „ Robert Stout, Barrister, M.P.C. „ Robert Wilson, Merchant „ CW. Flexman, Merchant Bankbbs : Bank of New Zealand. Bbokeb: • J. B, Sradshaw, Temple Chamber*. The great consumption of paper in tb* colony is very remarkable. The Customs returns for the year 1872 show the imported value to be the large sum of £83,382. Much of this money would be saved to the cblony in the establishment of Paper Mills, giving employment to many, and utilising the waste products, and the natural grasses especially adapted for paper-making, which so largely abound in Otago. It is therefore proposed to form a Company for the manufacture of paper on a moderate scale at first, but which may afterwards "be easily extended. An arrangement has been entered into with Mr. M'Glashan — who has for years devoted much attention to the subject — to acquire from him several important concessions in connection with the Govera* ment Bonuses, amounting to £4000, and also the valuable site for the mills he has acquired at the Mataura Fulls, for which he will aocept 200 paid-up shares of the Company. The proposed site for th» nails "has many advantages. The immense water-power in point of economy for the driving of the machinery will be very great. 'ThQkndeqnjjgto of 25 acres, and adjoins a cool reserve, and coal is seen on the property itself. The main line of railway from the Bluff to Dunedin runs through it, and a ' station adjoinsit. -The raw material which will principally' be made use of in the manufacture is in great abas* dance in the surrounding districts. Survey and levels of the mill site -and race have been taken *by Mr. Brunton, C.E., and plans and estimates of machinery have beem procured frdm B itain. The services of ft thorough practical paper maker have been secured, who will also take an interest in the shares of the Company. The material to be used has been tested by paper-makers, "botTi in England and the neighboring colonies. The Directors,* after careful inquiry in England and elsewhere, and from estimates they have received, have satisfied .themselves that the capital of the Company is amply sufficient for the establishment of a mill for the manufacture of at least 500 t*>ns of paper . annually, and from the rate at which paper is now sold they have 'little doubt that the returns would enable them .to declare «ver/ handsome dividend annually. Nearly one-half of the shares are already taken up, and the balance are now, offered to the public. As it is desirable to commence operations as early as possible, application for shares should be at once sent in to Mr. Bradshaw, Dunedin (in whose office will be seen specimens andjplana), and Mr. Calder, Invercargili. A meeting of shareholders will be called for the election of Directors, immediately after .the establishment of the Company. The Share List will close on 30£h «Tune. ,-, . r. , , NOTICETT is hereby requested that all accounts do* -*- by the Estate of the late Mrj^flJOEGUt Clabk be sent in to the undersigned/' "^ ' Wm. HATES. Lawrence, June 2, 1874. NOTICE. mHE following are the days, appointed for '■*- holding the Resident Magistrate's and Warden's Courts for the half-year ending 30th June, 1874, for -the Dunstan divaion .of the Otago Goldfielde district : — Every Thursday CROMWELL— Every Friday ALEXANDRA— Monday, Eebrunry % 16 ; March 2, 16, 30 ; April 1& .27 ; May H, 25 ; June 8, 22. JBLACKS— Tuesday, February 17; March V1. % April i4j May!2.;.Jtune9ROXBURGH— Tuesday, February: 103 March 10,; April 7; May 63 June 2. ■ W. LAWREXGE SIMPSO^ ft 1 Resident Magistrate and Warden. "jVpOTJCJEiis hereby given,. that' the following •*■" applications will be forwarded ?to iths Waste Lands JBeard, Dunedin, for consideration >at its first sittingxafter =the.expirstion xf thjte weeks from the date liereefe-<-Aj)plicAtion -of Sutherland utnd Eolion -to .purchase, sections %• 2, 3, and 4, .block .VII., Tuapeka £ast,4iow h«UI •b.y-them under agncmltanlihase. -Ajpplication-of George ieelie tojuuehasa section 9, block X., WsitahuiiaiSas^ n«w bald fay r bifo. iin^^kiciiltaral •lease. ->. ■ -^ -Application of JJuaes4£&ra^Biichanti& •i* .purchase .section' -5, -block .111,, Tuapeka West, ~- bow \Aeld bythim dinder agrioulttualkase. -'■ , tfgstrßjsu