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PROSPE C I B Si I ' OP THE WELLINGTON AUCTION AND 1 MERCANTILE COMPANY (Limitkd), To bo registered undor the Joint Stock Companies Act, 1872, and Amendments, Capital, £25,000 in 25,000 abarea of £1 each, with power to increase the Capital, . Payable as follows One Shilling per Sharo on Application, One Shilling per Share on Allotment, and the I balance as may be required; but no Call shall exceed One Shilling per Shares or be made at less intervals than one month. It will not be necessary for some years to call upon more than 10s per Share, unless for a special purpose, such as building larger premises, PitovßioNiL DnoToit?: & .Fisher, Esq., Mayor of Wellington F.H, Wood, Esq,, Mayor of Greytown W, Hutchison, Esq., M.H.R, Wellington Alexander McDonald, Esq, Wellington James Cooper, Esq., Wairorapa Thomas Smith, EsqVOhariu D. M. Brook, i B, C, Parker, Esq., Nelson ( . . Samuel Gilmer, Esq., Wellington ' ißaac Plimmer, Esq., Wellington Jacob Lichtscheindl, Esq,, Wellington E. E ; Edmunds, Esq,, Wellington Edwin Perrett, Esq,, Wanganui ; „ G, W. Binney, Esq., Auckland _ Bankers : Tho Colonial Bank of New .Zealand Solicitors: Messrs Buckley. Stafford and FMerbert SEcnErARY (pro turn)": Andrew Reid Offices:— . Messrs Dwan and Co,'s Auction Mart, Manners street, . This Company is formed to purchaso the well known business and interest in the premises at present carried on aud held by Messrs Dwau and Co., Auctioneers, General Commission Agents, 'and Merchants, Manners street, Wellington, and to carry on the same on a moro extensive scale, and by inducing all classes »f the community in town and country to become shareholders, it is anticipated that the proposed Company will be one of tho most marked busiuuss successes in the city and district oi Wellington. . 2. The Company will take a transfer oi h o business, goodwill, agencies, goods on consignment, lease of premises, with a purchasing clause, at a low valuation, ito., paying for the same the sum of five thousand pounds (£5,000), in the following manner—namely, £2OOO by fully paid up shares in the Company and the balance by instalment; at short dates, as may be arranged, and af the capital of the Company is called up. The stock-in-trade, merchandise in store and any other assets belonging to tin presont business piay be taken at a valua tion or not, as the directors may elect, 3. Tho object of tho Company will be t( carry on the business of Auctioneers, Land, Estate, and General Commission Agents and a mercuntile business generally, and bj offering special inducements to farmers auc others by making advances on goods placet in the hands of the Company for sale, anc commanding the. utmost facilities foi successfully and expeditiously realising tin proceeds in this or other markets, to sc extend the operations of the Company thai the want of a larger capital alono preventi the present proprietors'from attaining to. 4. While it is possible to obtain casl advances on produce, stock, and real estate, yet th o conditions usually imposed an found seriously inconvenient to borrowers by reason of the public registration o; mortgages and liens; therefore tin specia advantages offered by this Company is on< which farmeis and others will appreciate. 5. Shareholders in this Company will 1« enabled to borrow on the most favorubli terms, and will also have prtjerenlia consideration; for lliey will bsi enabled tc obtain advances on growing crops, stock tfe,, without the transaction being made toi public and proclaimed to everybody. G. .Mr Thomas Dwan will remain, ii required, as Auctioneer and Managinj Director for a term that may be dccieedupoi and under arrangements that will hi satisfactory to the Company, aho bindinj himself not to set up iu llie namo line o business again in tho distrht of Wellinglor during the continuance of the aliovo linn. 7. To tho public generally, farmers, anc other producers especially, this undertake should recommend itself, as it is noithei more_ nor less than a large co-operativi association, in which all can liavo a share ai a small cost, and at the same timo com mailt the experience and ability of trained busiiio?: men, at a moderate charge, in She condud of their business, whether tho disposal o produce, the obtaining an advance on t!i< thousand and one channels in which people want assistance and odvke. 8. The qualification for cicli Director is 50 shares, and the Company will be registered when 10,000 shares are subscribed. 9. Under directions from the Provisional Directors, the books of the Veadors have been examined by a competent ucroantant end the result, considering tho business hitherto carried on, is cninently satisfactory. 10. Deposits on applications for shares arc payable to the credit of tho 11 Trust Account, Wellington Auction and Mercantile Companj (Limited)," at tho Colonial Bank of New Zealaud, Wellington; and ahouli tho Company not bo registered, all dopo.iits will be returned to subscribers in full. Forms of application for shares may be obtained at the oflices of Messrs Dwan and Co., Manners-street, and from MESSES LEDGER & HICKSON, 1622 Brokers, IMPORTANT MUliujii THE NEW ZEALAND LEATHER MAN UFACTORING COMPANY (Limited), TANNERY AND BOOT MANUFAC' TURING WORKS. IN July of last year tho Directors of this Company, feeling assured that the public would liberally support .in establisment where excellence of quality witli moderato prices could always bo relied upon determined to open a RETAIL BRANCA IN WILLIS-STREET, chiefly for the sale o! goods manufactured at tho Company's own works. The success which has attended thie Branch has been bo very decided, and has sc fully borno out the hopes of the Directors, that they have now arranged to open other and still more EXTENSIVE PREMISESON LAMBTON QUAY, Situated Opposite the Government Buildings where eooda of such a quality as will fully maintain the character of tho Company as first-class manufacturers will be offered at moderate prices, while in order to suit tho convenience Df Ladies requiring a class of goods not at present made in the colony, a select assortment of English, French, and German goods 3f best descriptions will always be on hand. The premises secured are unequalled in the trade for spaco and comfort, and the management has been placed in the hands of Mr Thomas Potter, whose recent large jxperiences in London houses thoroaghiy lualifies him for the position. It is intended to open for business on Saturday, tho Othinst., when tho show-cases *ith their contents as lately exhibited at ths jhnstchurch Industrial Exhibition will be in view, .. By order, JOHN C. MOWBRAY.. " Wellington Ist Feb,, 1884. NOTICE OP REMOVAL. ■ HE NE W ZEALAND TENT, COV ' AND FLAG DEPOT, . ■/, - Lambtoh-QDAY.. . EILIKGTOS,: removed mat door the Theatre Royal Hotel; Lambton w, where .an extensive stock of Waterroof and Oilskin Clothing and; Leggings Waterproof Rick, Cart, and Waggon Covers &C. Tents; FUgJan II other articles in the trade kept on ban 7 this manufacturer. v w . G. C. SAGE Wairarapa Agentraos Oi D'AROY, MASTERTON.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18840319.2.17.7

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume 6, Issue 1638, 19 March 1884, Page 4

Word count
Tapeke kupu
1,147

Page 4 Advertisements Column 7 Wairarapa Daily Times, Volume 6, Issue 1638, 19 March 1884, Page 4

Page 4 Advertisements Column 7 Wairarapa Daily Times, Volume 6, Issue 1638, 19 March 1884, Page 4

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