Page 4 Advertisements Column 1

Waikato Times, Volume XII, Issue 1004, 28 November 1878, Page 4

New Advertisements. EOS r E 0 T U S OF ' • KEMPTaORNI«: PROSSER &Co, New Zealand Diu;g Company (Limited). Head Offce— Dpnedin. ■ To be Incorporated under "The Joint Stock Companies Act, 1560." CAPITAL £230000, In 100,000 Shares of £ 2 each, with power tolnoren.se. Of these, 50,000 Shares only are now offered to the public, upon which it i» intended to call up 20a per bhare. as f Ilows :— Deposit payable ou application. 5s per Share ; T)3 per shore three month*, after allotment; and 5s per Shir 9 months after allotment- . Should the Directors deem it advisable to make any further Call time calender months' notice of any such Cll , wi'l be «iven. , 25,000 Shares, fully paid up, are to o» takeu by Messrs. Kemnthorne Propsor and Co., tho remaining 25,000 bharos being reserved for future issue, as may be determined by the Directors. Provisional Directoks : Robert Borrows, Esq , M.D., Dunertin J.G. Black, Esq., Professor of Chemistry. Otago Univofsity • Henry Hooghton, Esq., Merchant. F C Batchelor, Esq, M.E.0.5.. Dunedin . Benjlman Bagley, Esq., Chemist, DunT S Grraham, Esq., Merchant, Dunedin A. J. Ferguflson, Esq., M.D.. Dunedin R A. Low, Esq., Merchant, Duuedm B Hallenstein, Esq.. Merchant; IJunedm T. M. Wilkinson., Esq., Chemist, Dunedin William Brown, Esq.. M.B., Dunedin M. Marshall, Esq , Chemist, Dunedin Basil Sievwright.Esq., Solicitor, Dunedin R. S. Raymond, Esq., Chemist. Dunedin C* A. Annlnß, Esq., Chemist, Dunedin Robert Wilaon, Esq., Merchant, JHinedin Wm. Elder, Esq, Chemist, Port Chalmers G- F. Jeffrey, Esq., Chemist, tawrenca J Harrop, Esq , Chemist, Law?ea".e j' V. Ross, Esq., Chemist, Christchurcb G. Borinington, Esq., Chemist, Cnnstchurch Joseph Hatch. Esq., Chemist. Lnvercirgill J.T>. Hayes, E?q Chemist, Invercargili E* G Lane, Esq., Chemist, Oannvu H. J. C. Edwards.Esq., Chemist, Camaru Dr. M'lntyre, T;maru R Watkins, Etq., Chemist, Timiru R. S. Cook, Esq., Chemist, Titnani C. D. Bairaud, Esq., Chemist, Welliogtor J. A. Allen, Esq, Chemist, Willington' Edwin. Plummer, Eeq , Chemist, We! J. Monteith, Esq., Che mist, Wellington Wm. Eife, Esq , Chemist, Wellington H Brifctain, Esq., Chetaist, Wellington Frederick White, E-q, Chenvsfc We! lington Dr. Goldsbro', Auckland Dr. Bayntnn, Auckland Graves Aickin, Esq , Chemist, J. P. King, Esa-, Chemist, Auiklmd H. Hamilton, I>q., Chemist.. Mr-kl.-mil J. N. Manning, Esq., Cbtmist, Aucklanc J. Edson, Esq., Chemist, Auckland J. S. Welsman, Esq., Chemist, Napier BANKRHS : THE UNION BANK OF AQ3 I E AI.I \ SOLfCITCRS : MESSRS. S IYWBIGHT & STOUT Vamtatoks and Au itors : N. Y. A. WALES. -Esq. WILLIAiv: BROWN, Esq. . , IMTEEIM SiCRETART : MR. JAMES H ANN AY. This Company is projected for the pur pose of acquiring the well-known Whoh sale Drug and General Business now anc for many years snccessfully coi'ducted bj Messrs. Kempthome Pross3r and Co. a Dunedin, Christchnreh, and Auckland and at Wellington, under the style o "Felton, Grimwade and Co." A preliminary agreement has beer entered into between the Grm a"<3 tin Provincial Directors, residing m Duuedin for the sale and purchase of ihe freehol and leasehold lands and buildings belong iug to the firm, and now uwd for thi purpose of the business, at a price o 1 value to be acertu'ned by the valna'ora, Messrs. Wales nnd Brown. Ib has bopti arranged that the now Ctmpany shall take over the plant, machinery, fixtures, and entre stock-iu-trado at th<s actua] cost to the firm, and all other tho as -eta and liabilities of the linn. Orders m course of execution, and gooos to arrivo, are to be taken over at actual c«st. The Company will also obtain th»' b nelit nf all the PATENT AND ntOPRIBTAKY UUYICLES on the same termH upon wliicn thc-e are now held, or manufacture! by the firm, and also of all exist iug conirart* ami current business agreetmir*, wbiith the Company will untk-it»ko aud complete. Tho firm agrees to ta' c s' ares t-> 'he valuß of £50,000 fully paid- >ip ( lidiisive of 3750 shares allowed for tho yovdwil' of the business). The Dunedio and Branch Housph yo. m full and complete working order, with good stocks, and all necessary appliances for carrying on an extensive, trade. Messrs. T. W. Kempthome and Evad h'ro-ter . have consented to continue tho rpnnHcement under the proposed new Company. The Wellington and Anckliml branches sire conducted by Messrs T. Ancell an'ct J. W. Henton, who have been for many years m the service of Ihe firm, and who are thoroughly competent and experienced men of busines-. The br:i tidies were established with a view tosfcu c the local and general business'' of the firm's ordinary customers, and especiilly of the Chemists aud Druggists th'-ou«li-out the colony — obj'cts which Have been satisfactorily attained. Thn F.ictiry at Dunedin is managed by a duly qualified Manufacturing Chemis-. of nx.ensi7e European and Colonial experience. The Steam Plant, which is well worthy of inspection, is of the very best class, with the most approved dru '- grinding miila, and all modern appliances for the manufacture of chemical and pharmiceuticil preparations. The promoters conndontly piano this nndertaking 1 before the public .is a brni-i Jidc. paying- investment, aufl, m doing- so, would instancfi the aflvantapro of Securin" 1 an old-established anrl lucrative business', ; with a larpfo manufantiivina: nnd importing trade m full operation, as enntrnsted •with the risk generally attendant upon new mercantile ventures, i'hc rapid :idvancement of the colony opens a wido field for manufacturing industries m cmnection with this business, such as Sut,.thuiuc Acid Works, Abtii'ioiai, Manures, &o. It is, therefore, ncepssnvy that tho present opfi-.-iLions of thn firm should be extended, for whi/'h a lnrg-fr capital than the firm at pcrs-nls commands will be required. Althnn<rh tho Jimount of £100,000 to bo (jailed up is a. larger sum than the invented capital of •■» Messrs Kempthorno, Prosser and •. 0., yet tiio amount of money employed m tho business upon which intoro.-jt wan paid, was not much short of tho amount; now proposed to be called up, and, theiv'ore,