Page 4 Advertisements Column 3

Wanganui Chronicle, Volume XXV, Issue 10229, 22 June 1883, Page 4

PROSPECTUS. WELLINGTON WOOLLEN MANU- „ FACTUBING COMPANY (Limited). ,_ Registered under "Tho Companies Act, 1882," IIMITING THE LIABILITY OF } # SHABEHOIiDBES TO THE AMOUNT OP THEIB Shakes. ' Capital £100,000, In 20,000 Shares of £5 each. Payable as follows : — -Two Shillings and Sixpence per sharo on application, Two Shillings and Sixpence on allotment, and the residue by calls not exceeding Eive Shillings per share at intervals of not less than Threo months. - Deeectohs : „ . J. B. Harcourt, Esq., Chairman. J. Rees George, Esq., O.E. Wm. Hutchison, Esq., M.H.R. O. J. Johnston, Esq., M.H.R. Jacob Joseph, Esq. James Smith, Esq. (Tunbv'l, Smith, & Co.). Wm. Whittem, Esq. (Whittem, Nicholson, and Co.). Bankeks : , The Colonial Bank of Now Zealand. Solicitous : Messrs Travera and Cave. , iiUOKBBS : Messrs Williamson and Co. SECEETiTjy (pro tern.) : ( George Bell Williamson. . The special purposes for which this Com- ■ pany is established are thus stated in the Memorandum of Association : — (a.) To carry on the business of Woollen Manufacturers in all or any branches of woollen manufacture, and whether the mciufacfactured articles are wholly or in part only composed of wool, and to manufacture garments, clothing, and other articles from the materials aforesaid, and to deal in all such manufactured materials, goods, and articles in such manner as the Directors may from time to time think desirable. (6.) To buy wool and other materials for use in manufactures aforesaid or for sale, and to prepare the same for sale, either for manufacturing purposes or other wise, and to purchase and sell woollen manufactured goods of every descijption whatsoever, and whether wholly or in part composed of wool. (c.) To purchase any rights patented or otherwise, and to take out any patent or patents connected with the business of the Company as the Directors shall think proper, The Directors having power to do ail acts necessary to give eifect to theso objects. The importance and even necessity to this locality of such an undertaking cannot be questioned. No similar institution exists in tiie North Island, which is thus wholly dependent for its supplies upon the Woollen Factories of the South Island and upon imports. i It is moderately estimated that the quantity of material of the classes proposed to be manufactured, which would Jind an immediate outlet, would yearly exceed £SsSO,OJO, an amount sufficient to yield a very handsome dividend upon the capital of the Company. The special natural advantages possessed by this district for carrying on and trading in manufactures of the classes proposed must of themselves form an essential element in the success of the Company, and give assuranco that it will be able successfully to emulate the prosperity •of other factories already in operation in the South Island. The Directors do not venture to afford any data upon which to ground anticipations of profit, but confidently ap pea i to the success which has attended the ope rat i° ns of the Kaiapoi and Mosgiel Woollen Companies as offering a reasonable guarantee that the present undertaking under careful management, not be behind th em * n the returns it will yield. It may here be mentioned that the dividends already paid by the above Companies have proved that there is ample room for the extension of the woollen industry, and the Directors do not hesitate in recommending the present enterprise to the attention of persons requiring a legitimate investment for their money, whilst the advantages which they enjoy of being able to avoid errors necessarily arising from inexperience, justify a hopo that the works of the company will be established at a reasonable cost. Applications for shares, in the form annexed, may be made to the Secretary, at Wellington, either directly or through the brokers of the Company or any of their agents. Every application must be accompanied by the required deposit, or by a receipt from any branch of the Colonial Bank for the amount of such deposit. Application forms may be obtained from the Secretary and brokers, their agents, or at any branch of the Colonial Bank of New Zealand. Agent for Wanganvi — E. BRIGHTWELL, Taupo Quay. AYRSHIRE HOUSE. MEB. HOG-G-, BEGS to draw tho attention of the public to tho very large and complete stock of Goods she has suitable for the present season. DRESS DEPARTMENT, Homespun and Ladies' Costume Tweeds in all the leading shades and at prices to suit all. Autumn Nuns' Cloth, Imperial Cords, Dress Serges, Cashmeres, &c, &c, in all the newest colours. Habit Cloths in invisible green, indigo, and black. The best in town. Ladies' Fancy Wool Shawls, Opera, Cloaks, Crossovers, Woollen Jackets, &c, &c. All the latest styles in Children's Woollen Goods. Blunkets, while and coloured, Austrian and Bush Rugs, Quilts, Toilet Covers, Towels, Sheetings, and Tablings, <£0., &o. As all of the above GOODS are FRESH, Customers may rely upon getting the latest styles in everything, and a visit of inspection will convince them as to the quality of the Goods. 1535" Come early and secure a good selection. AYRSHIRE HOUSE, CAMPBELL PLACE, WANGANUI.