Page 4 Advertisements Column 3

Wanganui Chronicle, Volume XXV, Issue 10235, 27 June 1883, Page 4

T>R 0 'S ' P E 0 T U S. WELLINGTON WOOLLEN MANUPACTUBINa COMPANY (LisiirED). Eegistered under "The Companies Act, ' 1882," .-LIMITING THE LIABIMTY OP | SIIABEIIOI/DEKS TO TnK AMOUNT OB TIIEIB ! SIIAUES. r .. • . . j Capital' ' ... ... "... £100,000, ; In 20,000 Shares of £5 each. Payable as follows : — Two .Shillings and ' Sixpence per share on application, Two 1 Shillings and Sixpence on allotment,- and \ the residue by calls not exceeding Five 1 Shillings per share at intervals of not less. I than Three months. . . ■ i —^^— , Diheotohs : ■ J. B. Hal-court, Esq., Chairman. ■ J. Rces ticurgo, Ksq., C.E. Wm. Hutchisou, Esq., M.H.R. C. J. Johnston, Esq., iI.H.R. Jiicob Joseph, Esq. James Smith, Esq. (Tunbull, Smith, & Co.). Wm. Vv bittern, Esq. (Whilteni, Nichol- ; , 'son, and, Co.). Bakkebs: The Colonial Bank of New Zealand. Solicitoes : Messrs' Travers" and Cave. Bkoxeks : Messrs Williamson and Co. Suchetaev {pro torn.) : George Bell Williamson. Tho special purposes for which this Company k established are thus stated in the Memorandum of Association : — (a) To enrry on tho business of Woollen Manufacturers in all or any branches of woollen mauufac- | ture, and whether the rcanufacfaetured articles are wholly or in part only composed of wool, and - '■'" to manufacture gaimcnts, cloth - • ing, 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. (4.) To buy wool and other materials •• • for use in manufactures aforesaid ; or for sale, and to prepare tho same for sale, either for manufacturing purposes 'or otherwise, and to purchase and gel! woollen .manufactured goods of every description r , whatsoever, and whether wholly or ' J ,-■ ' in part composed of wool. i (c.) To '-purchase any rights patented J or otherwise, and to take out any [ i." patent or patents connected with' j ;:-•': tho busihess : of' the Company- as j h ■ ■' the'Direetors shall think proper, ■ The i Directors having power' to'do all acts necessary to give cifeet to these objects. The importance and. even necessity to this locality of such an. .undertaking- cannot be |questioned. Wo similar institution exists in the Worth . Island, which , is .thus .wholly dependent for- its supplies upon the Woollen Factories of the South Island and upon imports. Jt is moderately estimated that the quantity of material of the classes proposed to bo manufactured, which would find an immediate outlet, would yearly exceed £250,000; an ! amount suHicient to yield a •very handsome dividend upon the capital of the Company. Tho special natural, advantages possessed by this district for carryiug on and trading in manufactures of the classes proposed must of themselves form ,an essential element in the success of the Company, and give assurance that it will be able successfully to emulate the prosperity of other factories already in operation in tho South Island. The, Directors do not venture to afford any data upon [which to ground anticipations of profit, biit' confidently appeal to the success which has attended the operations of the Eaiapoi and Mosgicl Woollen Companies as otl'ci'ing a reasonable guarant/jc that the present undertaking will, uud-i" careful management, 'not be behind them in the returns h will yield. It may here be mentioned that the dividends already p.iid by tiie abovo Companies have proved that there is ample room for the extension of the woollen industry, and Use Directors do not hesitate in recommending Uio present enterprise to the attention ot pfrsoua requiring a legitimate investment, for their money, whilst the advantages which they enjoy or being abla to avoid erro'.'s uaccssurily arising l'rom inexperience, justify a hope that the works of the company will be established at u reasonable cost. Applications for shares, in the form an- ! ncsed, may bo made to tho Secretary, at Wellington, either directly or through the brokers of the Company or airy of their acjents. Every application must be accompanied by 1 1 le required deposit, or by a receipt from Any branch of Uie Colonial Bank for t!: ■! amount of tuoh deposit. Application r'orni3 may be obtained from ti'e Se'ei'C-t iiry iiiul bvokeiv, their agculs, or a l , any J;):mr'i) of tin; Pcl-ni.il }!unk of New j Zealand. A^nt for Vi.-.-.';;Kiii.i— - .:. :M:iUHJ?V/BLL, Taupe Quay. I fi' I'.i; wfcii', sun:- iUiOTO taken, no tu U. Halt'.-.