■os p'.l'o .„ , ■ :,, OF.TIIE • ■ ■' . WELLINGTON MEAT PBESERVINf '(Limited).:-'" To be Registered under "The Joint Stool •i Companies Act, Mil" 'CAPITAL ... "7,.:. ni £SOOOO ; , In 5M Shares, of £lO Each.' «' ■' v, '■ (™hpower to increase , 1 S?-? 60 . Shillinga on Application; Tei hhi lings on Allotment; and subsequontli "fUllanotoxceedingattheratoofKv. Shillings per Month pet Share. ■/•pi , ~P ROVISION AI DIRECTORY: ' (1M following Gentlemon will act ontlu ~ Wnys behalf until.the appointmenl holdeVf rmane?t - a1 by e • hare ' feimrlefjohnston, %. M.H.R (Meean Johnston & Co,) Hon. Robert Campbell, M.L.C. • , Wearing Taylor, Esq. J. ; G. Wilson, Esq;, M.H.R. Donald Praser, Esq.:'.'. •John MoLonnan, Esq.. Oroua Downs" ™ B ;H Esq., (Messrs Izard cfe'Bell] t I 11 '' Es l' < MeBSI ' B KruU.&.Co.). Joseph Abbott, Esq, Wanganui .■. ■ J, McMannaman, Esq., Tbrnwhi'ti" K$ John .8 evens,- Esq. .(Messrs'Stevens and Norton, Bulls) . . .."" '. ■ '""'ft Cof '' , %- tMem Tutiibull, Smith 'A.'H.MilevEsqi-i(Messrß Messrs Murray, ', : RobertsfcOa:) ~'...■.*■■• - ' Alfred Matthews, Esq., Featherston- • Andrew Young, Esq, E. J. Riddiford, J?aq;' -.•-•■•--. - lywigo jjuwora, Jisq. :;,, ■ With power to add to their number.. • ' r ■ Bankers i • Hie Colonial Bank of New Zealand. Solicitors • ( Messrs Izard and Bell. , ■ : Interim Secretary : : ' Henry Wright, ' ./'. ~.,! „ Temporary Offices: Temple Chambers, AH expenses in connection with floating the Cmpany prior to registration to be borne bv the Vendors, The objects with which this Company is projected aro to purchase continue, and extend the business of Mesrrs J. and H Barber and Woods, Crosbie, and Co.. which liavo been so sncctssfully carried on for many years past, consiiting of six retail shops, meat preserving and plant complete, paddocks, yards, horses carta, audall appliances necessary for con' ducting the extensive business which now exists, _ A schedule of tbe various properties used m the business is appended at foot, and the values having been ascertained by a competent independent valuator, and approved of by the Provisional Directors, it is proposed o take them over at the sum of £18,789 5s (videSohedule A), of which tho proprietors l\ o A' n w pa ! d - u P fhareß tb ' e ™m of il 2,000, leaving the balance to be paid out of oaUs, and to bear interact at the rats of 8 per centum per annum ; the payment to extend over a.maximum period of five yea>s or to : bc reduced by. instalments of not less than £IOOO each, at any earlier date, at the option of the Company. >""'.'«"«<> i nook deblß will bo taken over as thev now stand m "the books, and they will be Suaranteed a t 203 in the'-poundby the vendors. Livestock, tallow, horses, earts, and'severa not already valued (vide Scheduloiß) will be taken at a valuation pn other artioles Mid property .pf,.whafc.Jrind soever will be ~f2r P ?^^ tiß(er< > d « soon - mm has been subscribed for, in addition P the paid up abates to.'be retained bythe V ntors, and the.shareholders 'will then be Bill ed togethor.to oleoma ipermanent Board »nd adopt Articles of Association, f Oh-the registration, of the Company, Messrs Barbor will at' ; tl t oir own cost continue and complete the etotioq of a large new slaughterhouse at Ngaliaurapga, and will reKnr » '"fT" \ ta ' : P reS(| nt position.in Wilhs-streot, the whole of their meat, proJerviiiginaehinery and plant, ' It is intended to take powor in the Memorandum of Association, to .enter-upon the business of. freezing meat for export, or to imalgamate ; vithauy other Company or to purchaso any business established f>r that purpose, • and to- maniifaoture artificial manures or other products which , may be lonsidei-ed legitimate adjuncts to tho busitiCßß; but for the present at least it is Iceined prudent to rest satisfied with the MOWn. DrofitS of tho hnsinnooo „„ «.„.. »..«»u.piomii ui we. Dusinesses as thev (tand,. without embarking in more specu. lativo. ventures, and ; it is evident that the combination of the two establishment under me management must rq'sult in increased irofits and largely diminished expenses. Tho combined businesses show a net iroh't of over 15 per cent, and it is conideally expected that when 'conducted under me head this may be considerably exceeded The success which has attended the Gear Uiiat Company since its establishment as a lublio Company, shows exclusively that such msmesses are more systematically and adrantageously worked and extended in this vay than by private enterprise; and it is for ibis reason that. Messrs Barber, and Woods >osbie and Company are'willing to sell' ■heir respective businesses to a Company, >vhile. still retaining a very large interest ;bemselves; and they liavo agreed to place jhoir services at the diiposal of tho Company or such time as the Director? may require, ui.l nob to engage-in any business in coinletition with this Company, The resources of the Wellington distiict, n the way of sheep and cattle, are so .large md increasing, and the demand for preiervetf meats in England: and elsewhere so mich in excess of the'supply, that a business if this.kindis capable of almost infinite ox. ■ention, and presents to capitalists the ipportunity'of a safo and profitable investneut, whilst to ■stool-b'whers It affords tlie' neans of securing a fair value fur their irp'duco, ! —> The Provisional Dirmsors Me given PllEin CAREFUL CONSIDERATION™ IHK.PMSPEcrs by thk rnorosED Company, and lIAVS HAD SUBMITTED TO THEM BY THEIR OWN VALUATOR THE DETAILED VALUATIONS OF TOE UIIIOOS MOPKRTIES TO BETAKEN OV£R, THEY FEEL THEY CAN.WrrH CONHDENOE RECOMMEND rillS UNDERTAKING TO Tnii PUBLIC AS ONE A'HICH IS ENTERED. UPON ON A FAIR BASIS, AND WHICII.PROMISES. To YIELD A HANDSOME HETURS' ON THE CAPITAL INVESTED, As WELL ASBYTOEEXTENBIOK OF THE BUSINESS ADDING TO THE MATERIAL PROSPERITY OP THE BUY AND THE STOCKOWNEItB OP THE SURROUNDING DISTRICTS, . .... The Authorised .Brokers are. Welliugtou-DEACON & BDSHELL ••',•;:•' WARBURTON & '* . .CO. . JVairarapa-LOWES & lOUNB Mast'erton Wauganui-H TILLY-. : ■ Bulls-STEVKNS & GORTON ' Feilding-HALCPMBE & 'SHERWILL Palmerston Nortb-STEVENS & GORTON Foxton-.TB.YNNE, LINTON,'& CO. From wuo.ii prospectuses and an information can be obtained,,: or from ' •■, : ,;.HENRY.WRIGHT; .'".. i.'-: •.,.. .Interim Seoretary; , 14fl0 ;:i •:.'..,• . Temple Chambejs. . . OHUEOH OF ST: MATTHEW. ' WINTER. MRTAINMpTS I THE : fourth Entertainment .of. this seriei • will be given in St.' Matth'ow'fl School ruomoni ' ( '' ( ' '[''..,.-,". .',':,',,'., .»' -.•; THUKSPAY.'TBiIBTH SEPTEMBER.- '■ ,: r•• Admissronrls.- ;—. 140! •-;:«-::; no t i-o-iEvr ' X..' per utaloiiift.(u'Bpecial addressed will'cloeat this' office on MONDAY, ih 20tlvday of August, at 6,30 a.m. ,' ,-.... " " J. BAGGE,'"" Foatmuter, Maaterton, 16th August
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https://paperspast.natlib.govt.nz/newspapers/WDT18830818.2.10.5
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Wairarapa Daily Times, Volume 5, Issue 1460, 18 August 1883, Page 3
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1,003Page 3 Advertisements Column 5 Wairarapa Daily Times, Volume 5, Issue 1460, 18 August 1883, Page 3
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