Page 3 Advertisements Column 1

Wairarapa Daily Times, Volume 6, Issue 1622, 29 February 1884, Page 3

PROSPECTUS OF TDK ' WEI/LINGTON AUCTION AND MEIC CANTILE COMPANY (Limitsd), To ba registered under tho Joint Stock Companies Act, 1872, -and Amendments, ; Capital, £25,000 in 23,000 shares of £1 oacli, with powor to increase tho Capital. Payable as follows:One Shilling per Share on Application, One Shilling per Sliaro on Allotment, and the balance as may bo required; but no Call shall exceed One Shilling per Share, or be ma'do at \m intervals than one month. It will not be necessary for Borne years to call upon.more than 10s per Share, unless for a special purpose, such aa building larger premises. PMYMMffliii DneroiH: G, Fisher, Esq., Mayor uf Wellington I'. H. Wood, Esn., Mayor of Greytown W. Hutchison, Ksq., M.tf.H, Wellington Alexander McDonald, Esq., Wellington James Cooper, Esq., Wairarapa Thomas Smith, Esq , Ohariu 1). M. Brook, li'sq, Kniioko It, C, Parker, Esq,, Nelson Samuel Gilmer. E:q., Wellington Isaac I'liiiimer, Esq, Wellington Jacob Liclitisheindl, Esq, Wellington &: E. Edmunds, Esq., Wellington Edwin Tuia-it, Esq., Wungaaui 0 YV. Binney, Esq,, Auck;:iud Bankers : The Colonial Bank of New Zealand Solicitous: Messrs Buckley. Stafford and Fitzherbert SraErARY (pro tern): Andrew Reid Ofhoej :- Messrs Dwan and Co.'s Auction Mart, Manners street, .

Thiß Company is formed to purchase tho ! well known busiuess and interest in the premises at present carried on and held by Messrs Dwitu aud Co., Auctioneers, General Commission Agents, and Merchants, Manners street, Wellington, and to oarry 011 the same on a moro extonsivo scale, and by inducing all classes of the community.in town and country to becoms shareholders, it is anticipated that iho proposed Company will be ono- oi the most marked business successes in tho city and district of Wellington, 2. The Company will take a transfer of Iho business, goodwill, ageucies, goods on consignment, lease of premises, with a pm chasing clause, at a low valuation, &c, paying for tho same tho sum of five thousand pounds (i' 5,000), in the following manner—namely, £2OOO by fully paid up Bllares in tho Company, and the bnlanse by instalments at short dates, as may bo arranged, and as the capital of the Company is called up, The stock-in-trade, merchandise in store, aud any nthor assets belonging to the present business may be taken at a valuation or not, as the directors may elect, 3. The object of the Company will bo to carry on tho business of Auctioneers, Land, Estate, and General Commission Agents, aud a mercentilo business generally, and by offering special inducements to farmers and others by making advances on goods placed in tho hands of the Company for salo, aud commanding the utmost facilities for successfully and expeditiously realising the proceeds in this or other markets, to so extend the operations of tho Company that tho want o! a larger capital alone prevents tho present proprietors from attaining to, 4. While it is possible to obtain cash advances on produco, stock, and roal estate, yet th o conditions usually imposed are found seriously incouvonient to borrowera, by reason of the public registration of mortgages and liens; therefore tho special advantages offered by this Company is ono which farmers and others will appreoiato. 5. Shareholders ia this Company will be enabled to borrow on tho most favorable terms,: and will alto have preferential consideration i for they "will bo enabled to obtain, advances on Rrowing crops, stock, ok, without the transaction bcm« made too public add proclaimed to overybody, G. Mr Thomas Dwan'.' will remain, if required, as Auctioneer and Managing Director for a term that may be decieod upon and under arrangements ;.■ that will be satisfactory to tho Company, also binding himself not to set up in the same lino of business again in the distriot of Wellington: during the coatinu'anceof the abovo firm.--.... 1. 'i'o the public generally, farmers, anjl. other producers especially, this undertaking should recommend itself, .as it is 'neither more iior less than a large co-operative association, in which all can havo a sharaat a small :03t, and at the same time command tho experience and ability of trained business men, at a moderate ouargo, in the conduct of their business, whether the produce, tho obtaining an advanoo on; the] thousand and one channels in which most; peoplo want assistance and advice. 8. Ths qualificationcfor each Director w' : 50 shares, and the Company will bo registered when 10,000 shares aro subscribed, 9, Under directions from the Provisional Directors, the books of the Vendors have been examined by a compotent accountant, and tho resnlt, considering the business hitherto carried on, is cnineutly satisfactory,

10. Deposits on applications for shares ate payable to tho credit of the "Trust Account, Wellington Auction aud Mercantile Company (Limited)," at the .Colonial Bank of New Zealand, Wellington; and should tho Company not bo registered, all deposits will ho returned to sukcribera in full. Forms of application for chares may be obtained at this offices of Messis Dwan and Co., Manuors-Btrcet, and from MESSES LEDGER & HICKSON, 1G22 Broken. TEN HOUSE AND SMITH'S Gaseous Vermin and Rabbit Exterminatory" BLENHEIM,. NEW ZEAIA' Patented mbMugust, 1889. ; ' : Ou view at tlie office of- """ ""■ W, M. Baiinatyne and CO,, rauNGTok, •■■'■■