Page 4 Advertisements Column 4

Wairarapa Daily Times, Volume 4, Issue 1170, 5 September 1882, Page 4

Li noleums 5s jqjßi; yard. LINOLEUMS i ." At T. dago's. ■ AT T. JAGO'S Linoleums 5s per yard. UNOLEUMB ss. ;, . ATT.JAGO'S ' Cabinet Wai'ehouse, '' QUEEN-ST. MASTEKTON, W. McKEETER, BOTTLER, WINE & SPIRIT MERCHANT, Price Lists on application. Orders promptly attended to, 1124 PROSPECTUS OF THH NEW ZEALAND LEATHER MANUFACTURING COMPANY (LIMITKD.) To be registered under " The Joint Slock Companies Act, 1860." CAPITAIP-£60,000,in 10,000 shares of £5 ' each.- Not more than £2los per share it is confidently anticipated will require to be called up, namely '.—2s 6d par share on application; is Gd on allot--1 ment; the balance in calls of not more than 2s Cd per share, at intervals of not less than three months, Provisional Directors : Baker, Arthur (Messrs W. M. Bannatjne and Co.) Barry, James (Messr3 Barry & H'Dowell) Cattell, James, settler Coffey, Paul, Member of Harbor Board Pinlay, James, settler Harcourt, J. 8., merchant Johnston, Chas. J., M.H.R, Macdonald, T. K, auctioneer Miller, Robert, settler M'Eenzin, John, builder M'Kenzie, Thomas, City Councillor M'Leod, A, (Messrs Waddell, M'Leod, and Weir) M'Tavish, A. J. (Messrs Krull and Co.) Plimmei', John, settler Whitehouse, Thos., merchant ; Willeston, C, E. W., tobacconist Young, Androw, gentleman. Bankers : Bank of New Zealand. Solicitors . . Messrs Siovwright & Stout, Brokers and Actino Secretaries : Williamson A; Co., Wellington and Clvristchurch. ■This Company has been formed'fo'r acquiring and working on an extended scale and in a corporate capacity, the Berhampore Tannery ai.d Currying Works, owned by Messrs Locke and Mowbray, and the Boot and Shoe Manufactory, Ghnznee-street and Willis-street, Wellington, owned by Messrs William and John Staples. : . The Tannery and Currying Premises, which are duly licensod, consist of extensive buildings, pits, sheds, voi linen's dwellings, &o„ &o„ with every Wily for carrying on the business; and they ;ira admirably situated within the city boundary, on about an acre of freehold ground, through which runs a never-failing stream of water, yielding- a plentiful supply. Suitable land adjoins, and can be made available for immediate extensions. The maoliinery includes an excellent 12-horse-power engine, a steam roller, nearly new and in perfect working order, ic, &c, Every variety of leather is here and from every kind of skin, A ready market exists /'or all their manufactures. The Boot and Shoe Factory stands upon freehold land in tho very centre of the city. The lateac improvements in machmesaud appliances are in use, There are between 50 and 60 hands constantly employed. A very valuable and steadily increasing connection bas been formed thougliout the country, and the otdern far exceed the vendors'power to supply. The vendors motives for selling are simply the necessity that exists for additioual capital to maintain and extend both businesses, and to work them in a combined and much more profitable lraiiner, To illustrate the confidence that Ike vendors have in this undertaking, it is only necessary to mention that all their capital and entire interests are to remain in the company,' and to he represented by fully paid-up Shares; ami .they further agree, a's'a proo) of their bona fides that such shares shall not be transferred or dealt with by them for two years from their issue without the consent of the directors. It is computed that a moderate outlay will warrant shareholders in expecting a return of AT least 15 per cent, after providing for all contingencies. The great success that has hitherto attended similar establishments so incorporated may be accepted as satisfactory evidence of the feasibility ol the present enterprise. A combination. of two such manufactures, completely worked together us one concern cannot lail to be profitable. The Kaiapoi and the Mosgiel Woollen Manufacturing Companies, may be taken as precisely analagous institutions to this undertaking,, the raw material being dealt with through all the various processes until completed for immediate use, The shares of both these Companies are in demand by the public at a heavy premium. The importance of encouraging all local industries in the colony, in order to keep up a steadyresident population, is so self-evident as to need no remark. It may be pointed out that Wellington, from its central position, is admirably adapted as a distributing centre for all manufactures and imports. The'operations of a large Company, working with ample capital, together with the advantages of improved labor-saving machinery recently introduced into older centres of population, must necessarily tend to lessen greatly the cost ol production. These facts, coupled with special facilities fo- distribution, mil enable the Company now proposed to confer upon every member of the community the boon of obtaining first-class goods at a marvellously reduced price. The services have been obtained of the late proprietors on specially favorable terms. Investors and the public generally are invited to participate in securing advantages so manifest. Copies.of thu memorandum of Association and Agreement for purchase, with detailfd statement of particulars, and all information required, can be obtained from tho Company's brokers and solicitors. All deposits, without reduction, will be promptly returned in ovent- of the Company not being registered. 1155 : NATIONAL FIRE AND MARINE INSURANCE COMPANY OE ' ~...:,.....NEWZEALAND. , riAPITAL, £1,009,000 j PaidUp, £50,000; Reserve Fund, £80,000: Re-insurance Fund,- £28,000;' Losses paid in 8 years, £361,368, ! •• R. BRUCE WALLACE, Manager. MASTERTON AGENTS— : LOWES AND lORNS.