5s AtT. Jago's. AT T. JAGO'S ■ linoleums ss*tfer yard, i AT T. JAGO'S ■ . Cabinet Warehouse, Qtitt-St. MASTEItTOIf. Prospectus OFTHR NliW ZEALAND LEATHER MANUFACTURING COMPAKY (LiUITPD.) to be regifliered undor " The Joint Stook ' Companies Aoi, 1860." CAPITAL—£SOjOOb, in 10,000 shares of £5 jl '■ each', 1 Not more than £2los per share it is confidently anticipated will require to be called up,' namely2s Od jier share on application; is 6d on allot- " inent; the balance in calls of not more than 2s 6d per share, at intervals of not . . . . lesß than three months.- ■ u . ' 1 Pbovisional Directors : Baker, .Arthur (Messrs W. M, Bannafyne i sod Co.) Oattell, James, settler Coffey, ; of Harbor Board JFinlay,' James, settler Uarconrt,.J, 8,, merchant Johnston, Chas. J., M.H.R, Macdonald, T.'Ki, auctioneer Miller, Robert, settler M'Kenzie.'John, builder M'Kenzie, Thomas, City Councillor .M'Leod, iA. (Messrs WaddelLM'Leod, and Weir) M'Tavish,'A. J. (Messrs Krull and Co,) Plimmer, John, settler. Whitehouse/'Thosi, merchant Wi)leston,'Cj'E; W„ tobacconist Young, Andrew, gentleman. ' ' Bakkebs : " Bank of New Zealand. '' Solicitous . Bhokebs akd Aciiho Secretaries : ■Williamson & Co., Wellington and. Christchurch. in(j and wpr|ing.on an extended scale andia d corporate' V capacity, the Berhampore. Tannery and' Currying Works, owned by Messrs f/ocke and Mowbray, and the Boot and Shoe Manufactory, Ghiiznee-skreet ani Willis-street, Wellington, owned by Messrs. William and John Staples. The Tannery and Currying Premises,, which are duly'licensed, consist of extensive:, buildings; 'pits, sheds, workmen's dwellings,, &C., Ac,y with every facility for carrying oni the business; and'they are admirably situated within the city boundary, on about ani acre of freehold ground, through which runs a never-failing stream of water, yielding a plentiful supply. Suitable land adjoins, ani can be made available for immediate extensions. ■ ; J - The machinery , includes an excellent 12-horse-power engine, a steam roller, nearly new aiiditi perfect working, order, &c,, &0.,. Every variety of leather is" here producible,, and from every kind of skin. A ready markot exists /or all their manufactures. The Boot and fjhoe Factory stands upon freehold land in the very centre of the city. The latest improvements in machines and appliance's are in use. There are between 50 aud GO handß constantly employed. , A very valuable and steadily, increasing 'connection has bfeen tornied tlionghout the country, and the oidcin iur cx,eed the vendors'power to supply, ; ; The vendors motives for Belling aresimply the necessity that exists for additional capital to maintain and extend both businesses, and to work them in a combined ani much more profitable ir auner, ' fo'illustratethe confidence that the vendors have in this uhieriahng, it is only meanary to mention that all their capital arid entire intmkare to remaininthe company, aid to be represented ly Mly paid-up'shares; and (hey further agree, as a prooj oj Mr bona tfiDES lhat such shares ilia 11 not be Irmjetrd or dealt mlh by them for two years from, (heir issue without M consent of the directors. It is computed that a moderate outlay will warrant shareholders in expecting a return of AT leasl ls per OENT, 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 •ai 'oio concern cannot Jail to be profitable. The Kaiapoi and the Mosgiel Woollen Manufacturing Companies, may be taken as precisely linalagona institutions to this undertaking, the mw . material being dealt with through (41 the various processes until completeifor immediate use.. The shares of-bpth, these Companies are' in demand by the public at a heavy piemium, The importance of; encouraging all local industries in the colony, in order to keep up a steady resident, population, is so self-evident as toneed 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 centresi of popu--. lation, must; necessarily tend .to "lessen,, greatly the.cost oi production. These facts,., coupled with special facilities fo» distribution, will enable the Company now proposed to, confer upon: every-, member/ of the community the .bopn oLobtaiuing -first-class goods at a marvellously, reduced price. ,t The iseryices, have been obtained t of the late proprietors on specially favorable toms. Investors and the publio generally are invited -to "participate in scouring, advantages so manifest. Copies of' tho' inemorandum of and Agreement for purohase, witli'detailed Statement of particulars, and all information required, can be .obtained, from thVCoiripany's brokers and!'solicitors,. All deposits, without reduction, will bei promptly,returnedjin norbeing regiaterei Ijkh NATIONAL FIRE AND MAII Il: 'INSURANCE; COMPANY ' -NEW ZEALAND. p APITAL, £1,000,000 {iPaid.TJp, V KeservejPundi £BO,OOO • Fund, j £28,000; Losßeß paid in & yean, £361;868,v * 4 R. BRUCE WALLACE, HASTEBION AQENIS—LOAVES/ AND IO RNS'
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https://paperspast.natlib.govt.nz/newspapers/WDT18820911.2.12.8
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Wairarapa Daily Times, Volume 4, Issue 1175, 11 September 1882, Page 4
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797Page 4 Advertisements Column 8 Wairarapa Daily Times, Volume 4, Issue 1175, 11 September 1882, Page 4
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