Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume 6, Issue 1647, 29 March 1884, Page 4

Prospectus OF THE WELLINGTON AUCTION AND MERCANTILE COMPANY (Limited), To be registered under tho Joint Stock Companies Act," 1872, and Amendments, each, with power to increase the Capital. Payable as follows One Shilling per Share on Application, One Shilling per Share on Allotment, and tho balance as may be required; but no Call shall exceed Ono Shilling per Slure, or be made at less interval? than ono month. It will not be necessary for some years to call Upon more than 10s per bhare, unless for a special purpose, such as building Provision iL DncTom: fisher, Esq,, Mayor of Wellington F.H, Wood, Esq,, Mayor of Grey town •V, Hutchison, Esq., M.H.E, Wellington Alexander McDonald, Esq., Wellington James Cooper, Efq., W'airarapa Thomas Smith, Esq., Olmriu 1). M. Brook, Esq., Kaitoke R. C, Parker, Esq., Nelson Samuel Gilmer, Esq., Wellington Isaao Pljmmer, Esq, Wellington Jacob Lichtscheindl, E?q., Wellington E. E, Edmunds, Esq,, Wellington Edwin Perrett, Esq., Wanganui U. W. Binnoy, Esq,, Auckland Bankers : The Colonial Bank of New Zealand Solicitors : Messrs Buckley. Stafford and Eitzherbert Beoretary (pro turn): Andiew Reid Offices Measra Dwan and Co.'s Auction Mart, Manners street, This Company is formed to purchase the 1 well known business and- interest in tho i, premises at present carried on and held by J Messrs Dwau and Co., Auctioneers, General Commission Agents, and Merchants, Manners street, Wellington, and to onrry on the same on a more cxtensivo scalo, and r by inducing all classes of the community in town and country to become shareholders, it is anticipated that tho proposed Company will be one of the most marked business successes in the city and district of e Wellington, 2, The Company will take a transfer of h 6 business, pood will, agencies, goods on consignment, lease of premises, with a purchasing clause, at a low valuation, &c., paving for the same tho sum of five thousand pounds (£5,000), in the following manner—namely, £2OOO by fully paid up shares in (lie Company, and the balanco by instalments at short dates, as may be arranged, and as tho capital of the Company is called up, The stock-in-trade, merchandise in store, and any other assets belonging to tho present business may be taken at a valuation or not, as the directors may elect, 3. The object of the Company will be to carry on tho business of Auctioneers, Land, Estate, and General Commission Agents, and a mercantile business generally, and bj offering special inducements to farmers and others by making advances on goods placed in the .hands of the Company for sale, and commanding the utmost facilities for successfully and expeditiously realising tho proceeds in this or other markets, to so extend the operation? of the Company that the want of a larger capital alone prevents the present proprietors from attaining to, 4, While it is possible to obtain cash advances on produce, stock, and real estate, yet th o_ conditions usually imposed are found seriously inconvenient to borrowers, by reason of the putlic registration of mortgages and liens; therefore the special advantages offered by this Company is ono which farmeis and others will appreciate. 5. Shareholders in this Company will be enabled to borrow on tho most favorable terms, and will also have preferential consideration; for they will be enabled to obtain advances on growing crops, stock, <sc., without the transaction being made too publio and proclaimed to everybody. 6, Mr Thomas Dwan will remain, if required, as Auctioneer and Managing Director for a term that may be dccieed upon and under arrangements that will be saticfactory to the Compr.ny, also binding himself not to set up in the samo line of business again in tho district of Wellington during the continuance of the above firm, 7. To the public generally, farmers, and other producers especially, this undertaking should recommend itself, as it is neither more nor less than a large co-operative association, in which all can have a share at a small :ost, and at the same time command the experience and abiliiyof trained business men, at a moderate charge, in tho conduct of their business, whether tho disposal of produce, the obtaining an advance on the thousand and one clianneis in which most people want assistance and advice. 8.1 he qualification for oach Director is 60 shares, and the Company will be registered when 10,000 shares are subscribed, 9. Under directions from tho Provisional Directors, tho books of the Vendors have been examined by a competent accountant, and the result, considering tho business hitherto carried on, is eminently satisfactory. 10, Deposits on applications for shares are payable to the credit of the'' Trust Account, Wellington Auction and Mercantile Company (Limited)," at the Colonial Bank of Now Zealand, Wellington; and should tho Company not be registered, all deposits will be returned to subscribers in full. Forms of applicaiion for shares may be obtained at the offices of Messrs Dwan and Co,, Mannors-Btreet, and from MESSRS LEDGER & HICKSON, 1622 Brokers. THE PERMANENT INVESTMENT AND LOAN ASSOCIATION OP WAIRARAPA. Main-sthf.ei, Greytowh, (Incorporated under the " Building Societies Act, mi"] Directors i Messrs W. O. Cuff (Chairman), M, Caselberg, J. Fuller, W. Booth, W. Skeet, F.W. R, Seed, fas Amtoal Income oxcoeds £7,000 Capital on Loam- £IB,OOO Profits already allotted £4,'243 Reserve Fond £BO4 The purposes for which tho Association is established aro twofold. In the first place it offers an excellent mothod of in vestment for those who wish to accumulate their capital or savings at the highest rate consistent with perfect security and by allowing small or largo sums to be invested by periodical paymonts, it conforms to the circumstances of all classes. Ia tho second place to thoso who require loans upon properties they already possess, or wlo may meet with opportunities of acquiring properties advantageously, it pre scnts to them means of obtaining advances upon easy and favorable term Tho Association receives fixed deposits at rates to be agreed upon. Subscriptions on investment shares, 5/per month j ultimate value of shares, £SO. Applications for shares to be addressed l iO the Manager, A liberal commission allowed to Agents ® all investment shares issued throueh :'ihem 6 Office Hours: ITonday, Wednesday, and Friday, from 2 to 4 p,m. Pay day: The first Saturday in each month between the hours of 2 and 4 and 7and9p,m AGENTS-MAsiERTON-Mr W, Sellar. Cartertoh—Mr p; H. • Wood. FEATHKItBTON-Mr J. G. Cox, GEORGE WYETT, Manager A. P. FEEDING " LE PETIT BIJO'V 1 FKTOM®; SEEDSMAN AM GENERAL DEALER. MOW taking orders for E. COLLOTXE ll Nurasryman, for Fruit Trees, and ali