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Auction Sale of Household Furniture, China, Glass, <&c. THIS DAT. Messrs. Gudgeon & Co. XT AYE received instructions to offer to the Public, on • November 27th, the Household Furniture and Effects of Major Trafford and Dr. Tuke, previous to their departure for Europe. Together with the valuable Mare (Swap), and & superior Yearling Colt. , * Further particulars in a future Paper. October 16, 1862. ■ • - . - - To be Sold, or Let an Lease far 21 Years , r THE MOST For particulars apply to October 16, 1862. 1 U \JXJ kJUvIA/y \J 9 a-/V V UilV JLJXsKWOV J O’/ «Ui A Oj FEW QV THE MOST COMMANDING SITES ON THE BEACH. TIIOS. WAYTH GUDGEON A Co,

Wanganui Steam Navigation Company. Limited. To be Incorporated under the “ Joint Stock] Company 's Act I860'” Sess. 3. No. 13. Capital £15,000, ■ i With power to increase it, if necessary, in 1000 SHARES, of £lO EACH. A Preliminary Deposit of 255. per' Shale upon the applied for, being allotted. A call of 358. per Share in 6 months ] from this date, or as soon thereafter as ' may be necessary. Another call of 40s. < per Share, three months thereafter. The i balance to be paid up by instalments of, not more than 25s.‘per Share, nor without, two months notice being given after the, previous call has been paid. j .To be conducted by a Board of Direc-] tors to be elected by the Shareholders at ] the fcfirst General Meeting to be held in [ terms of the Joint Stock Company vfct, 1860. The Board of Directors shall l have the general management and control, of the Company’s operations. , PROVISIONAL DIRECTORS. 1 Thos. Waters, Esq., Chairman. 1 T. 8./3/AYLob, Esq. 3 D Bbll, Esq. } James Reynolds, Esq. *• Geo. Beaven, Esq. Gerorgb Turnbull, Esq. 1 H. Churton, Esq. ! C. W. Hylton, Esq. { John Handley, Esq. ( Thos. McWilliam, Esq. 1 Bankers—The Bank of Nbw Zb aland < Solicitor— Hugh Ross, Esq. *■ Sectktary—Edward Lewis, Esq. 1 .The object of the proposed Company - is to purchase a Steam Vessel of a size J and draught of water suitable for the 1 requirements of the trade of Wanganui. 1 It ia intended that she shall be laid on < as a regular trader between Wellington ! and Wanganui, and shall also be em-1 -ployed in conveying Cattle and Goods! to other ports as Jthe Director's may ar-» range. . It is believed that the time has now 1 come for such an alteration in the means' 1 of communication with other ports as. this Company contemplates. The ra- < pidly increasing trade of Wanganui, the< great difficulty settlers have in conveying their cattle to a market, and the iucreas-' ing demand in the more thickly popula ted parts of the country for the ruralproduce of this district, all point out the necessity for placing the coasting trade of this place on a more satisfactory' footing. * It is well known that the conveyance 1 of. Cattle and Goods by sailing vessels for short coasting voyages is uncertain, and in the case of perishable merchandize almost impracticable. The facilities hitherto afforded by the Wellington Steam Navigation Company, while perhaps all that could be reasonably expected, have not met the wants of the district ; and serious loss both of time and money has been occasioned by the frequent delays occasioned by the want of power of the steamers or other causes, and by the unsuitable accommodation in them for cattle and sheep. The vessel whioh it is proposed to purchase will be a Screw Steamer of about 296 tons burthen or 150 tons register, drawing when loaded ft., with 21 ft. beam and 140 ft. overall; built and fitted up with moveable stalls, for the accommodation of Cattle. It is believed a!t present that such a vessel is being built in anticipation of a proposal made being accepted : and as the order for the steamer goes home by the September mail, it is reasonable to expect she will be here in less than n ; ne months. It may be with confidence anticipated that this Company will be able to secure a considerable addition to its income by the carriage of the mails between this and Wellington. The steamers at present bringing the mail once a month receive £SOO per annum for the service. The qualification for voting at the election of the first Board of Directors shall bo the payment of the first call, say A 3 per share. Shareholders to be allowed to vote by proxy. Any qualified Shareholder having 20 Bhares, shall be. eligible aa a member of : the Board of Directors. . Shareholders shall- be entitled to vote in proportion to tbe number of their Bhares, according to the scale given in the Joint Stock Companies’ Act 1860, Tableß. . Shares are reserved for settlers in Rangitikei and Turakina, whose coperation is particularly invited : and also a few for those Wellington residents who have business connections heie; and a*

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WC18621127.2.5.1

Bibliographic details
Ngā taipitopito pukapuka

Wanganui Chronicle, Volume 6, Issue 319, 27 November 1862, Page 2

Word count
Tapeke kupu
814

Page 2 Advertisements Column 1 Wanganui Chronicle, Volume 6, Issue 319, 27 November 1862, Page 2

Page 2 Advertisements Column 1 Wanganui Chronicle, Volume 6, Issue 319, 27 November 1862, Page 2

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