Page 3 Advertisements Column 3

Wairarapa Daily Times, Volume XVI, Issue 5159, 18 October 1895, Page 3

Abridged Prospectus OF THE (Jollier Two-speed (ijole Go,, [limited,] New Zealand. Capital, £IO,OOO In Shares of Ml Bad, Pfiyablo 1|- on application, 2/- on allotment, tho balance in calls ot 1/- each at intervals of not less than one month as required. Provisioiifli directors: E. W. Mius, Esq., (E. W Mills & Co., Ltd.) "J. Reid, Esq., (\V. and 6. Turnbull & Co.) J. I'. MixwiUi, Esq., M. Inst. C.E, W. L, Mbek, Esq., (Storer, Meek, & Co. E, Collier, Esq. Bankers: Bank of Australasia. Solicitors; Messrs Moobehoosb & lladfield. Auditors: Messrs Badhasi A- Diss. Brohrfor Wa'mra-pai MrD, S, Papivohtu. THIS Company has been formed for the purpose of acquiring tho solo patent rights for New Zealand of the "Collier Two-speed Gear" ior Cycles, nnd to import or manufacture Cycles fitted with tho gear, It is generally admitted by ridors of tlw ordinary maohine 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 1b caused by the The object of a two-speed gear is to lessen tho amonnt of labour necessary to propel tho cycle up hills and against head winds, or on bad roads, and ot" the same time to allow a higher speed than usual to he attained on level roads, Hill-climbing robs cycliug o: much of Us pleasure, and it is to remove this barrier that the" Collier TwoSpeed Gear" lias been designed. It is simple in construction, strong, and is built as part of the nmchino. In use, all that is necessary is to raise a knob, fitted ot the top of the cycling frame, and the gearing is changed while riding at any speed, Thus, if a hill is to be climbed, the knob is lowered, and immediately tho machine becomes muoh easier to propel. On reaching tho summit, by raising the knob tho higher gear comes into play, and increased speed is obtained. The hard work hitherto necessary to propel ihigh-gemcd machine on give and take roads has debarred many people from indulging in tho pleasure of cycling, and it is confidently anticipated that the "Two-Speed Gear" will odd greatly to tho popularity of the sport. Tho" Collier Two-Speed 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, imd tho highest testimonials have been received from the leading English and Colonial riders and engineers. Orders for the "Collier Two-Speed" have already been leceived from the leading cycle-makers in Ohristchurch, Auckland, Duncdin, Napier, etc,, and it lias created the greatest interest amongst cyclists throughout tho Colony. Tho immense strides cycling is making throughout tho world, not only as a sport, but as a means o! locomotion in tho business affairs of lifc : 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 moro universally used than in less favoured countries. It is estimated by exports that there were 2500 bicycles sold last year in New Zealand, and in a very few years it would not bo surprising to sec these figures raised to 3000. Considering the immense advantages of tho "Collier Two-Speed Gear" over the single speed cycle, it is calculated that at least 000 machines would be sold the first full season, aud it is confidently expected that two-thirds of the oyoles purchosed throughout the Colony, will be fitted with this gear. A first-class oyolo, fitted with tho Collier Two-Speed Gear, sells for £22105, and this at a net profit of £'3 8s per cyele, provides for a dividend of 25 per cent,, and leaves a surplus of £BOO. This estimate docs not include aiiy 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 tho Directors havo every reason to believe that this estimate will be considerably exceeded. Tlicy ego in this simple invention rs great a revolution in cycling, as was cnused by the advent of tho now universally adopted Pneumatic Tyre, the company owning which paid, in 1893, a dividend of 200 par cent., and placed £IOO,OOO to the reserve fund. 1 It is intended to establish the head oflico | of the Company in Wellington, as boing the most central pciut to work tlis Colony from. No delay will take place in the Company doing business, as the gears are being made i'i largo quantities in Tho J.' Collier Two-Speed Gear" Company, Man ; Chester, are prepared to supply them ! immediately. j The purchase prico fixed by the Vendor is £550 cash, £SOO in 12 months, 1000 fully I paid-up shares, and a royalty i f 10s per gear; : but the vendor is willing to forego receipt , of mj royalty on the ilist (Ki»:<eors, i Tho Vendor has made provision for the I payment of all expenses ol forming and floating the Company up to the first allotmet of shares. I Where no allotment is mado the applica I tiou monoy will he returned in full, oni where tho number of shares allotted is less than tho numbor applied for, tho surplus v.ill be appropriated on account of the uliot ncnt money. Any excess will be re turned to tho applicants. Applications/or sham will k receieed by Ma, D. S. l'APwonni./rom Wiom copies of Ihr pmpedun man obtahml. WALTER CHISHOLIfI, QENERAL STOIiKKEETEE Mauriceville. Agent for tho Standard Firo Insurance Company. i' MiVSTEKTON CASH BOOT MART, R.HANNAIi&Co, FHOl'RlElOlifi, If you want good hoots go lj Hannah k Co. If you want cheap bootsgo m Hannah & Co. If you want warm and iliy feet go to Hannah & Co, 1 • If you want to »avo money go to Hannah ': k Co. OUR boots arc made fromtlio best material. Wo pay l.'ie hightest . | wages, and employ none luit first-class | hands. Every pair of bm-t-s made in our ' factory arc guaranteed fr. ..-ire salisfncfaction. The public of Is'cw Zealand, and Wellington district in particular, should bear in mind that we employ more labour tiian any other firm in tho Colony, by dealing with us you arc not only benefitting yourself, but havo the satisfaction to know that you arc 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 soli at a small profit." 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 watertight?, good value, from 9/11. Men's nice halniorals, heel and too plate, from 12/6. 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, Jill, 8/11, Youth s Balmorals, hcelandtocplatcs, from 9/6, Ladies' nico evening shoes from 2/11, Ladies' neat walking shoes from 6/6, Ladies' neat glazo kid shoos froto 8/6. Girls' copper too boots, 2/11, g/11, 4/n, Girls' strong school boots, >111,5/H, id 10 ?e 16 tn IS, It. HANNAH & CO. arc the sole agents for tho celebrated "K" boots, also agents for Cove & West, and other well-known English makers, All kinds of patent, tan, and kid dressing always in stock. Boots and shoes made to order. Ecpairs done on the premises, Leather and Grindery at Wellington prices. Country orders promptly attended to. R. HANNAH AND Co., (Opposite Club Hotel), QMHMTBSM, JVIiSTEBTON. H. Peterson. Manager.