Page 3 Advertisements Column 3

Wairarapa Daily Times, Volume XVI, Issue 5158, 17 October 1895, Page 3

Abridged Prospectus OF THE (Jollier Two-speed Cycle Co,, [limited,] New Zoaland. Capital, £IO,OOO In Sham of £1 Each. Payable 1|- on application, 2/- on allotment, the balance incalla ol 1/- each at intervals of not leas than one month as required. Provisional Directors: E. W. Mjus, Esq., (E, W. Mills* Co,, Ltd.) N, Eeid, Esq,., (W. and 8. Turnbull & Co,) J. P. Maxwju,, Esq,, 11, Inst. C.E, H. Couieii, Esq, Bankers: Bank ol Australasia, Solicitors: Messrs Mooheuoose & Hadfielp. Auditors : Messrs Bamiam & Biss. Broker for Wairarapa: Mr D. S. Papwobth. THIS Company has been formed lor the purpose ot acquiring the sole pitent rights tor Now Zealand of the "Collier Two-speed Gear" for Cycles, and to import or manufacture Oycles fitted with the gear, It is generally admitted by riders of the ordinavy machine that its greatest defect, as a means of locomotion, is the difficulty of mounting hills aud riding against the wind, or on bad roads, Tim is caused by the singlo gearing. Tuo object of a two-speed gear is to lessen the amount of labour necessary to propel the cycle up bills and ayainst head winds, or on bad roads, a.id at the same time to a'low a higher speed than usual to bo attained on level roads. Hill-climbing robs cycling of much of its pleasure, and it is to renwvo this barrier tha-. the " Collier TwoSpeed Gear" has been designed, li is simple in construction, strong,, and is built as part of the machine. J n use, all that is necessary is to raiso a knob, fitted at'the top of the cycling frame, aid the gearing is changed while riding at any speed. Thus, if a bill is to be climbed, the knob is lowered, and immediately the machine becomes much easier t'> propel. On nacliinvj the summit, by raising the kuob tho higher gear conies iuto play, anil increased speed is obtained, Tho bard work hitherto necessary to propel a higli-gearcd machine on give and take roads has debarred many people from indulging in the pleasure of cycling, and it is confidently anticipated that the "Two-'-pccd Gear" will add greatly to the popularity of the sport. The" Collier Two-speed Geir" is absolutely new as a simple mechanical motion, and in this lies one great security to investors. It lias 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 "Collier Two-Speed" liave already been received from tlid loading cycle-makers in Cliristchuroh, Auckland, Duuedin, Napier, Ac,, and it hns oreated the 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 it in its infancy, and the favourable climate (making it practical to cycle almost the whole year round) points to its being , much more universally used than in less favoured countries, It is estimated by eiperts that there were ' 2500 bicycles sold last year in New Zealand, ■ and in a very few years it would not b» stir- i prising to see these figures raised to 5000. Consideiing the immense advantages of the "Collier Two-Speed Gear" over tho single speed cycle, it is cilculated that at leaßt . COO machines would be sold the first lull season, and it is confidently expected that two-thirds of the cycles purchased throughout the Colony, will be fitted with this gear. A first-class cycle, fitted with the Collier Two-Speed dear, sells for £22105, and tdis 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 business, or for sales of the gear to other makers, which, in itself, should represent a . substantial profit, and the Directors have every reason to believe that this estimate will be considerably exceeded. They see in this simple invention as great a revolution in cycling, as was cmised by the advent of tho now universally adopted Pneumatic Tyre, the company owning which paid, in 1893, a dividend of 200 per cent., and placed ' £IOO,OOO to the reserve fund. It is intended to establish the head office i of the Company in Wellington, as being the • 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 large quantities in Kngland. The 1 Collier Two-Speed Gear" Company, Manchester, ore 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; but tho vendor is williug to forego receipt of any royalty on the first (500 gears. The Vendor has made provision for tho payment of all expenses of forming and Hosting tho Company up to tho first allotment of shares. Where no allotment is made the application money will be returned in full, and where the number of shares allotted is less ■ than the number applied for, the surplus will be appropriated on account of the allotment money, Any excess will bo returned to the applicants, Application) for sham will be received by Mr. D. S. PAPWOBTH./rom whom copies of the imapetius v\aij be obtained. [ASTEKTON CASH BOOT MAET. UIAMAH&Co, If you want good boots go to Hannah k Co. If you want cheap boots go to Hannah k Co. If you want warm and dry feet go to Hannah k Co. If you want to savo money go to Hannah &Co. OUIt boots are made from the best material. We pay the Lightest wages, and employ none but first-class Lands, Every pair of boots made hi our factory are guaranteed to give satisfacfaction. The public of New Zoaland, aud Wellington district in particular, should bear in miud that wc employ more labour than any other firm in the Colony, by dealing with us you are not only benefitting yourself, but have tLe satisfaction to know that you arc helping to keep a large number of men, qromen and boys employed. Wc don't buy old bankrupt stock from Sydney or Melbourne, goods made at starvation wages. Ourmottoisi " Pay the highest wages, demand the best work, and sell aU small profit. 1 ' Space will only permit us quoting prices of a few lines, but all others are equally cheap. Men's good shooting boots, heel and toe, from 8/11. Men's strong watertights, good value, from 9/11. Men's nice bahnoruls, heel and toe plate, from 12/6. Men's good nailed blucbers, from 1/11. Men's nice canvas shoes, from 4/11. Men's broad welts sLooting boots, own make, from 18s 6d. Youtb's strong nailed shooters, 7/11, 8/11. Youth'sßalmorals,heelandtoc plates, froin9/C, Ladies' nice evening shoes from 2/11, Ladies' neat walking shoes from 5/6. Ladies' neat glaze kid shoes from 8/6, Girls' copper toe boots,2/11, 3/11,4/11. Girls' strong school boots, 4/11, 5/11, It. HANNAH k CO. arc the solo agents for the celebrated "K" boots, also agents for Cove & West, and other well-known English makers. AH kinds of patent, tan, and kid dressing always in stock. Bootsnndslioes made toorder. licnairs done on the premises, Leather and Grindery at Wellington prices, Country orders promptly attended to, R, HANNAH AND Co,, (Opposite Club Hotel), QuEEN-STBBET, MaSIEBTOS, H. Peterson, manager. TAKJ3 WOODS' GREAT PEPPERMINT CURE For Coughs and Colds. Sold by aUUrocere. Is 6d and 2s 6d bottle, OmiUb, fotoTcrythin.?. * TAKE WOODS' GREAT PEPPERMINT CURE For Cough and.Colds, Sold by ill Grocers.- Is 8d and'2s 6d bottle,