Page 3 Advertisements Column 7

Wairarapa Daily Times, Volume XVI, Issue 5155, 14 October 1895, Page 3

Abridged Prospectus OF THE (lollier Two-speed Cycle Go,, J [limited,] New Zealand, ] Capital, £IO,OOO In Shares of £1 Each, Payable i/- on application, 2/- on allotment, ! tho balance in calls ol 1/- oaoli at intervals . of not le6B than one month as required, I'misiomtl Bireelors: E. W. Mills, Esq., (B. W. Mills & Oo„ Ltd,) i N, Ruin, Esq., (W. and G. Turnbull & Co. J. P. Mixwm,, Esq., M. Inst. O.E. W. L, Mef,k, Esq., (Storer, Meek, & Co. H. Collier, Esq. Bankers: Bank of Australasia. Solititors.Messrs Moohehouse & Hadtield. Auditors: Messrs Euuum & Dish. Broker for Wuirarapu: MrD. S. Papwortii. THIS Company has been formed for the purpose oi acquiring the sole patent < rights for Now Zealand of the "Collier Two-speed Gear" for Cycles, and to import ■ or manufacture Cycles fitted with tho gear. It is generally admitted by liders oi tho . ordinary machine that its greatest defect, as < a means of locomotion, is tlio difficulty of i mounting hills and riding against tho wind, t or on bad roads. This is caused by the ■ single geariug. Tho object of a two speed gear ib to lessen the amonnt of labour necessary to propel ' the cycle up hills and against head winds, or on bad roads, and at the same time to allow a higher speed than usual to be attained on level roads. Hill-climbing robs ( cycling of much of its pleasure, arid it b to ' remove this barrier that the " Collier Two- ■ Speed Gear" has been designed. It is j simple in construction, strong, and is built t as part i>f the machine. In use, all that is necessary is to raise a knob, fitted at the top of the cycling frame, a d the goiring is changed while riding at any speed. Thus, if a liill is to be climbed, the knob is lowered, and immediately Ihe machine bccomas much easier t'i propel. On reach- . inn the summit, by raising the knob tho higher gear comes into play, and increased speed is obtained, The hard work hitherto necessary to propel a high-geared machine on give and take ronda has debarred many peoplo from in- ' dulging in the pleasure of cycling, anil it is I confidently anticipated that the" Two- 1 peed I Gear" will add greatiy to the popularity of ' tho sport. The" Collier Two-speed Gear" ' is absolutely now as a simple mechanical ' motion, and in this lies ono great security to " investors. It has been put to every prscti cal test, and the highest testimonials have been received from the leading English and < Colonial riders and engineers. ' Orders for the "Collier Two-Speed" ) have already been receivod from the leading ' cycle-mate in Christchurch, Auckland, < Dunediu, Napier, Ac., and it lias oreated the greatest interest amongst cyclists throughout tbe Colony. Tho immouie strides cycling is making throughout the world, not only as a sport, tut as a merns of locomn- ' tiou in the business affairs of lite, must be ' apparent to every observer. In New Zea- 1 Und it is in its infancy, and the favourable ' climate (making it practical to cycle almost 1 the whole year round) points to Its being ' much more universally used than in less ' favoured countries. It is estimated by experts that there wore 2500 bicycles sold last year in New Zealaud, and in a very few years it would not be stirprising to see these figures raised to 5000. Considei ing the immense advantages of the > "CollierTwo-Speed Gear" over thcsinglo I speed cycle, it is calculated that at least ( tjOO machines would bo sold tho first lull , season, and it is confidently expected that , Iwo-'.hirds oi the cycles purchased throughout the Colouy, will be fitted with this f.ear. A first-class cycle, fitted with the Collier j Two-Sped Gear, sells for JJ22lOs, and tnis at a net profit of £3 8s per oyclo, provides j for a dividend of 25 per cent., and leaves a ■ surplus of £BOO. s This estimate docs not include any profit by way oi interest on deferred piymcnt business, or for sales oi the gear to othe; makers, which, in itself, should rewesopt a substantial profit, and the flftcclors bave every reason tq bplieve that this estimate will be sonsiderably exceeded. They sco In i this simple invention as great a revolution I ill cycling, as ps cmiscd by the advent of : (he pw univonally adopted Pneumatic i Tyro, the company owning which paid, in 1803, a dividend of 200 per cent., an! placed £IOO,OOO to the reserve fund. It is intended to establish tbe heftd p|l\co ' of tho Company in Wellington as being the ' most central to worlj the Colony from. , No (Ay vrill take place in tho Company doing business, as the gears nre being m«de , io large quantities in Knfiland, The 1 1 Collier Two-Spjiod Gear''Company, ManChester, are prepared to supply them jmmpdiateiv, The purouaso price fixed by the Vendor is £550 cash, 1500 lu 12 months, 1000 fully paid-up shares, and n royalty oi 10s per goar; but the vendor is williog to forego receipt of any royalty on tbe first 000 gears. The Vendor has made provision for the payment of all expenses of forming and . floating the Company up to tho first allotment of sharoa, Where no allotment is mado the application money will be returned in full, and where tho number of shares allotted is less than tho number applied for, the surplus will be appropriated on account ol the allotment money, Any excess will he ie(timed to the appligwt<!i Ajipliailloiis/or tham will he receiml by Mr. D, S. I'Arwoam./rom whom copies of Ihe pmiictius may be obtained. MABTERION CASH BOOT MART. R.IIANNAH&CO, FBOFBIETOHS, If you want good boots go ta Hannah (c Co. If you want cheap boots go to Hanuab k Co. If you want warm and dry feet go to Hannah & Uo. If you want to save money go to Hannah k Co. OP boots nre made from the best material. We pay tlie Lightest wages, and employ none but first-class hands. Every pair of boots made in our factory arc guaranteed to give saiisfaefaction. Tlio public o£ New Zealand, and Wellington district in particular, should bear in mind t|\,\t w'c employ more labour than auy oilier lirm iu the Colony, dealiug with ns you are not only benefitting yourself, but have tho satisfaction to know that you are helping to keep a large number of men, foitien anil boys employed, We don't buy old banknipt stock from Sydney or Melbourne, goods made at starvation wages. Ourmottois: ".Pay the highest wages, demand the best work, and soli at a small prolit." Space will only permit us quoting prices of a few lines, but all others are equally cheap. Men's good shooting boots, lieol and toe, from 8/11, Men's strong watertight*, good value, from 9/11. Men's nice balmorals, heel and too [ plate, from 12/6. Men's'good nailed bluchers, from fallen's nice canvas sl\oos, from 4/11. Men's broad wilts shootiug boots, own wake, .from 18s Cd. Youth's strong nailed shooters, 7/11, 8/11. loptli s Balmorals, heelandtoo plates, from 0/1!. Ladies' nicd evening shoes from 2/11. Ladies' neat walking shoes from o/il. iiadics' neat glaze kid shoes from fi/ti, Girls' copper toe boots, 2/11,3/11,4/11. Girls' strong school boots, 4/11,5/11, 11. HANNAH & CO ai'Q the sole agents for the celebrated "K" boots, also agents for Cavo &, West, and other well-known English makers. All kinds of patent, tan, and kid dressing always in stock, Bootsandshoes made toorder,' Repairs done on the premises. LeatllOl and Grindery at Wellington prices. Country orders pronely attended to, R. HANNAH and Co., (Opposite Club Hotel), Queek-sibeet, Mahkhtok. H. Peterson. Manager. Sunday Excursions. WHAWKE, In conjunction, with . I'INHEY BROS,, will run Drags to Qrevtawn and Taueru, leaving tho Post Qw for' Grey town at 1.30 and for Taueru , at 1,45. Seats oan be booked during the wk at the Prince of Wales' or Piuhej 1 Bros, Slablos, Cheap lares. Special exoursions for parties, etc., can be it-ranged, ' '