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Abridged Prospctus or thi; Collier Two-speed Cycle Co,, [mjiitkh,] New Zealand. Capital, £IO,OOO hSkmofJUJicA. I'ayab'o 1/- on application, 2/- on allot rent, tbc bal mcc in calls ol 1/- rath aiinitrva'« ol not less than one month a; r: quired. N l llEii) I B3i|. 1 ('-V.[Hi(lG. , i'iir,.li'illi6Co.) J. I'. Maxwell, l(sq„ M. Inst. l.'.E. W. Ij Mkuk, Esq., (ijtorcr, Meek, & Co. H. Couikii, Esq. Bunkers: Bank o! Australasia. Miction: Mrs ; rs Mcc:ik';i)imi: A H'm-ikui. A'ltHtors: Messrs )J,\]iii.\m & Hiss. Broker fur Wnirunipii: MrD. £. P.U'woinn. fjIIIIS Company has been farmed lor the X purpose oi ncipming the sole patent ri;;lits (or New Zealand of (lie "Collier Two-speed Hear'' (or Cycles, mid to import o,' manufacture Cycles lilted with the gear. It is generally admitted liy ildurs ot the ordinary machine that >ts grcalesi detect, ns a means of locomoliou, is the I'iflictiltj of mounting hills and riding against the wind, or on bad roads. This is caused by the shiftfc geuriii'j. the amount of labour necessary to propel the cycle up bills and a«itinst head winds, or on bad loads, oad at the sinie time to allow n higher speed than usual to lie attained on level roads. Uill-vlimbiig robs cycling o' miieli of its pleasure, and it is to i'om-rve this harrier ilia', the " Collier TwoiSpecil Gi-ar" ha°- licen designed. It is simple in construction, stioog, and is built as [Hit :•; the machine. In use, all that is necessary is to raise a 1 io\ titled at the top of the eyelittg Inuno, a (1 the gcirhg is changed while riding at .my spied. Thus, if a hill is to he climbed, the knob is lowered, and immediately Ihe machine becomes much easier t ■ propel. On reachin i (he summit, by racing the knob the hi.dn v gear comes into p :, iy, and increased spe «1 isobtaimd. The hind work hitiierto ncc saury In propel .-thigh-geared machine on ,;ive ami take funds lias dekorcd umi:y people- fioni indulging in the pleaut'c oi cycling, and it is confidently anticipated that the "Two- need Gear" will add greatly to the popularity of the fiwrt. The " Collier Two-hpecd Gear" is alisiihitely new as a simple mechanical motion, and in this lies one great security to investors. It has been put lo every practical lest, tuiil tiie highest testimonials have been received from the lending English and Colonial lid'.-rs and engineers. Orders for Ihe " Collier Two-Speed" have already bre.i: cccivcd from the leading cyclo-niak.rs in Christchurch, Auckland, Duncdin, Napier. Ac, and it lias created the grealrst interest amongst cyclists throughout the Co!o;y. The immense strides cycling is mating throughout ti.e world, not only as a sport, but ns a me; ns o'. locomotion in the business affairs of life, must be apparent to every i.b?-:-ivcr. In New Zealand it it in its infancy, and the favourable climate (making it praeiicsl lo cycle almost ihe whole year round) points to ils being much more universally used than in less [avowed countries. It is estimated by experts that there wcro 2500 bicye'es sold last year in New Zealand, and in a very few years it would not bo stirpiising to see these figures raised to .1000. Considering the immense advantages of the " Collier Two-Speed Gear" over the single speed cycle, it is calculated that at least, 000 machines would be sold the first full scasou, aud it is confidently expected that | two-thirds of the cycles purchased throughout the Colony, will be fitted with this sear. A lirst-class cycle, lilted with the Collier Two-Spcrd Hear, sells for £22105, and tnis at a net profit of D Ss per cycle, provides for a dividend of 25 per cent,, and leaves a surplus of COO. This estimate docs not include any profit by way of interest on deferred payment business, or tor 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 «ill be considerably exceeded. They sec in tlm simple invention as great a revolution in mding, as was caused b. ihe advent of 111- ii iw univer.ally adr.p'.i:! l'neuaiatic 'lye, the company owning "hich pail, in i :i:i. a divid nil of 2110 per c--n;. an I placed 11001100 to the reserve fund. It is intended to establish I ; i.j head oilice of Ihe Company in Wellington, as being the most central pcint to work th: Co'ony from. No delay will take place in t'.ie Company doii'g business, as the gears l e being made in large quantities in I inland. The 1 Collier Two-Speed Gear" Company, Manchester, arc prepared to mpply them i Mni'diately. The purchase price fixed by he Vendor is A'sso cash, JEoOO in 12 months, 1000 fully paid-up shares, and a royalty of 1 Os per gear; bit'. I lie vendor is wi'ling to forego receipt nf an; royalty on tbc first 1100 gears. The Vendor has made provision for the payment of all expenses ol forming and \Vlie:c no allotment is made the application money will lie relumed in full, and v litre 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 be relumed to the applicants. AflilimHomfiir sham will lir rerrwrf Inj Mn. D. S. llipwoani./romK'/iom copieiojl thr /iixw/Jtr.'iu uwij U olitaiar.il. WALTER CHISHOLM, m>'EllAL STOKEOEI'EIi lYlauficeville. Agent for the Standard Firo Insurance Company. IIASTEIITON CASH BOOT MAHT. R.IIAMAH&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 [ ' Hannah & Co. If you want to save money go to Hannah kCo. GUI! boots arc made from the best! material We nay the hightcst wages, 11ml employ none hut lira-class hands, .livery pair of boots made in our factory tiro guiminlecd lo|!.ive satisl'aofaction. The public of New Zealand, aud Wellington district in particular,: should hear in mind that we employ more labour Hum tiny other firm iu the Colony, by dealing with us you are not: only benefitting yourself, but have the satisfaction to know (hat you arc helping to keep a large number of men, l women and boys employed. Wc don't buy old bankrupt stock from Sydney or Melbourne, goods made at starvation wages. Oitrntotto is: " Pay the highest wages, demand the best work, and sell at a small profit." Space will only permit us quoting prices of a few lines, hut all others are equally cheap. Men's good shooting boots, heel anil toe, from 8/11, _ Men's strong watertights, good value, from 9/11. Men's mce balmorals, heel 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 (id. ! Youth's strong nailed shooters, 7/11,! 8/11. Youth's liabuurals, heel tmdtoe plates, from ii/ti. .Ladies' nice evening shoes from 2/11. Ladies' neat walking shoes from 5/(1. Ladies' neat glaze kid shoes from 8/fi. Girls' copper toe boots,2/11, 3/11,4/11. Girls' strong school boots, 4/11,5/11, 1). HANNAH k CO are the solo agents for the celebrated "Z" boots, also agents foi Cove & West, and other well-known English makers. All kinds of patent, tan, and kid dressing always in stock. Boots aud shoes made toorder. Bqiairs done on the premises. Leather and Grindery at Wellington prices. Country orders promptly attended to, R. HANNAH and Co., (Opposite Club Hotel), Qbbek-stbiim, Masthtoi). H. Peterson. Manager. Qhnrtt'o 57. Willis-st.,Wellingtoi, [QIWUL I), fowerytliinK.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18951019.2.19.4

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume XVI, Issue 5160, 19 October 1895, Page 3

Word count
Tapeke kupu
1,250

Page 3 Advertisements Column 4 Wairarapa Daily Times, Volume XVI, Issue 5160, 19 October 1895, Page 3

Page 3 Advertisements Column 4 Wairarapa Daily Times, Volume XVI, Issue 5160, 19 October 1895, Page 3

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