Page 3 Advertisements Column 3

Waikato Times, Volume XIX, Issue 1601, 7 October 1882, Page 3

Notices.

PEOSPEOTUS OF THE AUCKLAND FREEZING COMPANY (LIMITED). CAPITAL £50,000 In 50,000 shakes of £1 each. One Shilling payable upon Application ; One Shilling upon allotment ; and One Shilling One Month after Allotment. Calls not to exceed One Shilling each, to be made at intervals of not less than Three Months. To be Registered under the •' Joint Stock Companies Act." Provisional Directors : Richard Seccombe Samuel Steele Samuel Graham Captain Lindsay Fiederick Charles Germann James Thomas Edwards Wm. Archd. Murray Thomas Goodfellow Hungerford Roche P. R. Frazer William Samuel Rutherford Henry Brettargh Robert Bent Major Jackson (With power to add to their number). Bankers : (To be appointed). Solicitor pro tern : Thomas Gresham. Secretary pro tkm Frederick Charles Germann. The objects of the Auckland Freezing Company (Limited) are the preservation (by freezing or otherwise) of Beef, Mutton, Pork, Fresh Butter, &c, in large quantities, and in such a manner as to benefit the public generally as consumers, and by securing remunerative prices to assure mutual advantages both to the Farmers and to the Shareholders of the Company. In order to carry out these objects it is proposed :—: — Ist.— To acquire (by lease with a purchasing clause) a site on the line of railway in the Waikato, suitable for the following purposes — (a.) The Slaughtering of Livestock. (*.) The utilisation of the offal in the most remunerative manner, by manufacturing artificial manures, boiling down tallow, and producing neats' foot oil, &c. 2nd.— ln like manner to acquire in the City of Auckland, a site, whereon to erect a freezing chamber, and requisite freezing apparatus, capable of holding from 1000 to 2000 bullocks. 3rd. — To construct cooling trucks for the transmission of meat from the Waikato to Auckland. 4th. — To export meat and dairy produce in vessels specially adapted for the safe carriage thereof. sth. — To _ tore in such freezing chamber, dairy produce, and like perishable commodities. It is well-known that during the past twelve months the average price of beef in the Auckland Province has not exceeded eighteen shillings per hundred pounds weight. The promoters of the company desire to assure to the shareholders twenty-five shillings per hundred pounds all the year round. This can be effected by freezing the meat and by disposing of it wholesale from the freezing chamber or from the railway trucks (when the markets would allow a profit) or by exporting to other markets. Mutton and pork could be dealt with in a similar manner. It is considered within the mark to quote the number of cattle required for the Auckland market at 250 per week. The average weight is 7001bs. Thus it will be readily seen that the increased price per bullock assured to the farmers will be about £2 10s. This would be an advance of £2,500 per month upon the cattle sold in Auckland alone. It ia estimated that the present cost of sending cattle to the Auckland market, of yard fees and of commission for selling, exceeds 10s per head. The saving of this latter sum, added to the increased price guaranteed by the company as above stated, will raise the price of all fat stock to about £3 sterling per head above the average prices ruling during the past year, and must consequently affect the prices of all horned stock. The expense of killing, freight and freezing ready for export is estimated to be less than £1 per beast, and the profit derivable from the hide and offal wonld yield about £2 sterling per head. The promoters of the company propose to become purchasers, from shareholders only, of good fresh butter at Is per pound and upwards, with a view to export the same to the English or other markets. Thirty shares to be the minimum number to qualify shareholders to sell beef to the company at 25s per lOOlbs, and 100 shares to qualify a director. The exporting of meat will cause an increased production, will stimulate farming operations, and will place an augmented and unfluctuating value on all land within the Auckland Province. Having in view the fact that the proper carrying out of the objects of the company will result iv a vastly increased and general prosperity, the promoters confidently submit to the general public the safe and certain gain to be derived from this investment of capital. The sharelist will be open to the 24th of October. Applications for shares to be made to the secretary, (pro ton) Frederick Charles Germann, Paterangi, Waikato, or to any of the Provisional Directors.

IMPOUNDED, on the 2nd October, ISB2, by R. H. D. Fergusson, Esq., 1 Chestnut Stallion, branded heart on near shoulder ; owner unknown ; for trespassing on the Gorton Estate, for which £10 damages is claimed, and in default of being released, the above horse will be sold at the Public Pound Cambridge, on the 17th October, 1882, at noon. ROBERT MoVEAGH,

Poundkeeper of the Cambridge Pound. XT O T^ I C! & Impounded on October 2nd, by Mr Richard Barke, on the Hamilton Road, one Chestnut Horse. Near hind foot white, no visible brand. If not claimed by Monday, 16th, it will be sold to pay expenses. ROBERT ALEXANDER, Poundkeeper. Te Awamntu.

T7IXCELSIOH FLOUR MILLS, XL. Hamilton. KNOX & RIDLER HAVE FOR SALE Finest Silk-dressed Flour in 2001b. 1 sacks and 1001b. and 501b, bags Sharps Bran and Fowls feed. Office : Hamilton Auction Mart.

\7tr ANTED KNOWN, Rate Collectoi* VV and others can be supplied with receipt books, assessment notice forms, &c, at the Waikato Times office.