Page 3 Advertisements Column 3

Wairarapa Daily Times, Volume XVI, Issue 5156, 15 October 1895, Page 3

Abridged Prospectus OF THE (Jollier Two-speed Cyete (Io„ [limited,]' New Zealand. Capita!, £IO,OOO In Shires of £1 Had Payable 1/- on application, 2/- on allotment, the balance in calls of 1/- each at intervals o! not less tban one month as required. Provisional Directors: E.W. Mills. Esq, (B. W Mills* Co., Ltd.) N. Erid, Esq., (vV. and 0. Turnbull & Co.) J. V. Maxwbll, Esq,, M. Inst. O.E. W. L, Meek, Esq., (Storer, Meek, & Co, E Collikh, Esq. Bankers: Bank of Australasia. Solicitors ■. Mcs;rs Mcobkuoiw. & Hadfield. Auditors: Messrs Baduav & Biss. Broker for Wairurapa: MrD. S. PAi'U'oitTii. THIS Company lias been formed for the purpose of acquiring the sole patent rights for Now Zealand of the "Collier Two-speed dear" for Cycles, and to import or manufacture Cycles lilted with the gear, It is generally admitted by riders of the ordinary machine that its greatest defect, as a means of locomotion, is the difficulty of mounting hills and riding against the wind, or on bad roads. This i 6 caused by the single gearing. The object of a two speed gear is to lessen the amount of labour necessary to propel the cycle tip bills and against head winds, or on bad roads, and at the samo time to allow a higher speed than usual to be attained on level roads, Hill-climbing robs cycling of much of its pleasure, and it is to remove this barrier thr.', the " Collier TwoSpeed Gear" has been designed. It is simple in construction, strong, and is built as part i f the machine. In use, all that is necessary i.s to raise a knob, fitted at the top of the cycling frame, a-.d the genrirg is changed while riding at any speed. Thus, if a hill is to be climbed, the knob is lowsrcd, and immediately the machine becomes much easier to propel. On reaching the summit, by raising the knob the higher gear comes into play, and increased speed is obtained. The hard work hitherto necessary to propel a high-geared machine on give and tako roads has debarred many pcoplo from indulging in the pleasure of cycling, and it is .confidently atitiovpatcd that the'' Two-' [iced Gear" will add greatly to the popularity ot the sport. The" Collier Two->'pced Gear" is absolutely new as a simple mechanical motion, and in this lies one great security to investors, It has been put to every practical test, and the highest testimonials have been received from the leading English a:,d Colonial riders and engineers. Orders for the "(Jollier Two-Hpced" have already bean received from the loading cycle-makers in Christohurch, Auckland, Dunedin, Napier, Ac, and it has created tlto greatest interest amongst cyclists throughout the Colony. The immense strides cycling is making throughout the world, not only as a sport, but as a means of locomotion in the business affairs of life, must be apparent to every observer. In New Zealand it is in its infancy, and the favourable climate (making it practical to cycle almost the whole year round) points to its being much mora universally used than in less favoured countries, It is estimated by experts that there were 2500 bicycles sold last year in New Zealand, and in a very few years it would not bo surprising to see these figures raised to 5000. Considering the immense advantages of the "Collier Two-Speed Gear" over tho single speed cycle, it is calculated that at least COO machines would be sold the first full season, and it is confidently expected that two-thirds of the cycles purchased throughout the Colony, will bo fitted with this pear. A first-class cycle, fitted with the Collier Two-Speed Clear, sells for £22105, and ttiis at a net profit of £3 8s per cycle, provides for a dividend of 25 per cent., and leaves a surplus of £BOO. This estimate does not include any profit by way of interest on deferred payment busineia, or for sales of the gear to other makers, which, in itself, should represent a substantial profit, and tho Directors have avery reason to believe that this estimate will be considerably exceeded, They see in this simplo invention as great a revolution in cycling, as was caused by the adveut ot the now univertally adopted Pneumatic Tyre, the company owning which paid, in 1883, a dividend of 200 per cent., and placed £IOO,OOO to the reserve fund. It is intended to establish the head oflicc of the Company in Wellington, as being tho most central pcint to work the Colony from, No delay will take place in the Company doing business, as the gears are being made in largo quantities in Kncland. Tho ' ■ Collier Two-Speed Gear" Company, Manchester, are prepared to supply them immediately. The purchase price fixed by the Vendor is £550 cash, £SOO in 12 months, 1000 fully paid-up shares, and a royalty of 10s per gear; hut tho vender is willing to forego receipt of any royalty on the first liOOgears. The Vendor has made provision for the payment of all expenses of forming and floating the Company up to tho first allotment of shares. Where no allotment is made 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 ot tho allotment money. Any excess will be returned to the applicants. Applications for sham will k received bij Hk. D. S. Vwmwn, from whom copies oj (/if prospectus may be obtained. MASTEBTON CASH BOOT JIAIIT. R.HAMAH&CO. If you want good boots go h Hannah & Co. If you want cheap bootngo to Hannah k Co. If you want warm and dry feet go to Hannah k Co, If you want to save money go to Hannah iCo. OTJE boots are made from the best material. We pay the hightest wages, and employ none but first-class hands. Every pair of boots made in our factory are guaranteed to give salisfacfaction. The public of New Zealand, and Wellington district in particular, should bear in mind that wc employ more labour than any other firm in the Colony, by dealing with us you Rre not only benefitting yourself, but havo the satisfaction to know that you are helping to keep a large number of men, women and boys employed. We don't buy old bankrupt stock from Sydney or Melbourne, goods made at starvation wages, Ourmottois: " Pay the highest wages, demand the best work, and sell at a small profit." Space will only permit us quoting prices of ut few lines, but all others arc equally cheap. Men's good shooting boots, liccl and toe, from 8/11. Men's strong watertight*, good value, from 0/11. Men's nice balmorals, liccl and toe plate, from 12/ G. Men's good nailed bluchers, from 4/11. Men's nice canvas shoes, from 4/11. Men's broad welts shooting boots, own make, from 18s Gd. Youth's strong nailed shooters, 7/11, 8/11. Youth's Balmorals, heclandtoc plates, from 9/0. Ladies' nice evening shoes from 2/11. Ladies' neat walking; shoes from 6/fi. Ladies' neat glnzc kid shoes from 8/6, Girls' copper toe boots,2/11, it/11,4/11. Girls' strong school boots, 4/11,5/11, I!. HANNAH & CO arc the sole agents for the celebrated "K" bouts, also agents for Cove & West, and Otliei well-known English makers. All kinds of patent, tan, and kid dressing always in stock. Bootsandshoesmade toorder, Repairs done on the premises. Lcathei and Grindery at Wellington prices, Country orders promptly attended to, R. HANNAH AND Co., (Opposite Club Hotel), QrjEBN-STBEET, MaSTBHTOH H. Peterson, manager. Sunday Excursions. WHAWKE. in conjunction will . PINHEY BEOS,, will run Drag to Greylown arid Taueru, leaving thb Pes Office for Greytown at 1.30 and to T&uer j at 1.45. Scats «an be booked, during th week at the Prince of' Wales' o'r'pfnhe Bros', Stables, Cheap lares Special excursions for parties, etc., can b arranged,