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Pit 0 S P K 0 T U S OF THE WKLLINOTi-N AUCTION AND 'MKR- Ti CANTILK COMPANY (Limit i>), To bo registered under the Joint Stock Companies Act, 1872, and Amendments, OAriTAL, .£25,000 in '3.1,000 shares of £1 ouch, Will power to •ncroasc tlio Capital, n Payabloas follows:- ■ One Shilling per Share on Application, One Shilling per Share on Allotment, and the T balanco as may bo uquuvd; but no Call shall exceed Ono Shilling per Share, or be made at less interval than one month. It will not be necessary for fiomo years to call upon more than lOs per bhuro, unless ior a special purpose, such as building larger premises. T Provisions DneroiH: G. Fisher, Esq., Mayor of Wellington Q| F.H. Wood, Esq., Mayor of Grcytown W, Hutchison, Esq., M.H.B, Wellington Alexander McDonald, Esq., Wellington James Cooper, Esq., Wairarapa Thomas Smith, Esq., Oliariu F 1). M, Brook, Esq., Kaitoko S E, C. Parker, Esq., Nelson '1 Samuel Gilmer. Esq., Wellington Isaac Plimmcr, E6q., Wellington 0 Jacob Lichtscheindl, Esq., Wellington { \ E. E. Edmunds, Esq., Wellington 0 Edwin Pcrrett, Esq., Wangamii i, G, W. JBinuey, Esq,, Auckland Bankers: o Tho Colonialßauk of New Zealand l ' Solicitors: Messrs Buckley. Stafford and Fitzhorbert Secretary (pro turn): c Andrew Keid c i Offices : _ < Messrs Dwan and Co.'s Auction Mart, j Manners street, r This Company is formed to purchase the , well known business and interest in tho premises at present carried on and held by Messrs Dwan and Co., Auctioneers, General Commission Agents, and Merchants, Manners Btreet, Wellington, _ and to carry on the same on a mom extonsivo scale, and by inducing all classes of the community in town and cuuntry to become shareholders, t< it is anticipated that the proposed Company t will be one of tho most marked business successes in the city and district of i Wellington. [ 2, The Company will tako a transfer of i h o business, goodwill, ageucics, goods on 1 consignment, lease of premises, with a purchasing clause, at a low valuation. &0., paving f >r the same the sum of five thousand pouud? (t'5.000), in the following manner- f namely, £2OOO by fully paid up shares in ' the Company, and the balance by instalments at short nates, as may be arranged, and as f the capital of the Company is called up, •- The stock-in-trade, merchandise in store, and any other assets belonging to the • present business may be taken at a valua- r 'ion or not, as tho directors may elect, 3. The object of the Company will bo to ' cany on the business of Auctioneers, Land, jj 'iiitttate, and General Commission Agents, J and a mercantile business generally, and by offering special inducements to farmers and | others by making advances on goods placed t in tho handsel the Company for sale, and Commanding the utmost facilities for successfully and expeditiously realising the r proceeds iu this or other markets, to so * extend the operations of the Company that : tho want of a larger capital alone prevents the present proprietors from attaining to. 4, While it is possiblo to obtain cash advances on produce, stock, and real estate, „ yet th o conditions usually imposed arc found seriously inconvenient to borrowers, by roason of the public registration of mortgages and liens; therefore the special advantages offered by this Company is ono which farmers and others will appreciate. 1 5. Shareholders iu tlih Company will bo 1 enabled to borrow on tho most favorable i terms, and will alio have preferential consideration; for they will bo enabled to . obtain advances on growing crops, stock, ' *c., without the transaction being mado too public and proclaimed to everybody. G. Mr Thomas Dwan will remain, if | required, as Auctioneer and Managing i Director for a term that may be decieed upon , and under arrangements that will be i satisfactory to tho Company, also binding himself not to set up in the same line of , business again in the district of Wellingi on ( during the continuance of tho abovo firm, j 7. To the public generally, farmers, and other producers especially, this undertaking olionld recommend itself, as it is neither mora nor less than a largo co-operative • asaoeiation, in which all can havo a share at a small :03t, and at the same timo command tho expevienco and ability of trained business men, at a moderato chnrge, in the conduct of their business, whether tho disposal of produce the obtaining an advanco on the thousand and ono channels in which most people want assistance and advice, 8. The qualification for oach Director is CO shares, and the Company will be registered when 10,000 shares aro subscribed, 9. Under directions from the Provisional Directors, tho books of the Vendors have been examined by a competent acoonntant, snd tho result, considering tho business hitherto carried on, is eminently satisfactory, 10. Deposits on applications for Bharcs are payable to tho credit of tho "Trust Account, Wellington Auction and Mercantile Company (Limitad)," at the Colonial Bank of Now Zealand, Wellington; and should the Company not bo registered, nil deposits will be returned to subtcribers in full. Forms of application for shares may be obtained at the offices of Messrs Dwan and Co., Mintnera-Btreet. and from MESSRS LEDGER & HICKSON, 1622 Brokers, PERMANENT INVESTMENT AND LOAN ASSOCIATION OF WAIRARAPA. Maih-streei, Greytown. [lncorporated undertho "Building Societies Act, 1876."] Directors : Messrs W. O. Cuff (Chairman), M. Caselbsrr. J. Fuller, W. Booth, W. Sheet, F.W.R,Seed. Ik Ahum Income exceeds ~. £7,000 Capital on Loan . £IB,OOO Promts already allotted £4,243 Reserve Fund £BO4 The purposes for which tho Association is established aro twofold. In tho first place it offers on excellent method of in vestment for those who wish to accumulate their capital or savings at the highest rato consistent with perfect security and by allowing small or large sups to bu invested by periodical paymen'.-, it conlormß to thi> circumstances of all classes. Ih tho second place to those who require loaiiß upon properties they already possess, or wl o may meet with opportunities of acquiring properties advantageously, it pre cents to them means of obtaining advances upon easy and favorable term The Association receives fixed deposits at rates to be agreed upon. Subscriptions on investment shares, li/per month ; ultimate value of shares, £SO, Applications for shares to be addressed to the Manager. A liberal commission allow! to Agents ;n all investment shares issued through diem Office Hours: Monday, 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 7 and 9 p.m AGENTS-MA6TERTON-Mr W, Sellar. CARTERTON-Mr F. 11. 'Wood. Featukrbton—Mr J. G. Cox, GEORGE WYETT, Tvlanapcr "LB PETIT MJ(A" EltUimEß, SEEDSMAN AMD OENKHAL DE4LER, taking ordors for E, COLLOTTE, ' Nurfwiyman, for Fruit Tieos, and all kiiids ot flowering and foliage plants.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18840401.2.19.1

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume 6, Issue 1649, 1 April 1884, Page 4

Word count
Tapeke kupu
1,136

Page 4 Advertisements Column 1 Wairarapa Daily Times, Volume 6, Issue 1649, 1 April 1884, Page 4

Page 4 Advertisements Column 1 Wairarapa Daily Times, Volume 6, Issue 1649, 1 April 1884, Page 4

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