Public Notices. PROSPECTUS OF THE Kaiapoi Woollen Manufacturing Company, Limited. CAPITAL, £IOO,OOO, IN 4000 SHARES OF £25 EACH. DIRECTORS : Isaac Wilson, Esq., Chairman, G. H. Blackwell, Esq.,E. Parnham, Esq., And Two to be Elected after the Allotment of New Shares. BANKERS : Bank op New Zealand. SOLICITORS : Messrs. Garrick and COWLISHAW. Registered Ofpice Charles Street, Kaiapoi. THIS Company was established in July, 1878, with a capital of £15,000 m 15 shares of £I.OOO each, to carry on the business of Woollen Manufacturers, and accepted the offer of the Hon. J. T. Peacock, for the purchase of the Premises and Plant of the Canterbury Spinning, Weaving, and Fibre Company at about half its original cost, since which, considerable additions have from time to time been made to the buildings and plant, the latter now comprising four sets of Carding Engines, and thirty-five Looms with necessary machinery, which, with the addition of machinery just arrived, makes-the plant n ell-proportioned and very complete. The sum of £1,200 has been paid since stock-taking, for last additions to buildings and machinery just received per Loch A The Manufactory, with the addition of the machinery per Loch Awe, though complete in itself, will not however enable the Company to meet the greatly increased demand which has arisen for their goods, although, as hitherto, continuing to run a laro'e portion of the machinery night and day, and having conclusively proved that the present heads of departments are capable of working a Mill twice the size of the present one at a saving of at least £2,000 a year on the general working of the Company s business, they have with a view to providing extended premises and appliances, decided to increase the Capital from £15,000 to £IOO,OOO, the whole to he represented by 4000 shares of £25 each, of which the existing shareholders will be entitled to 825 fully paid up, in exchange for the shares now held by them (including the accumulated profit thereupon amounting to £3,744) ; of the the Directors propose to issue at present only 1,600. . . The increased capital will be applied to the following purposes, viz Paying off existing mortgage of £7,400 ; enlarging present premises and plant; establishing prelimes in Christchurch ; and for the general purposes of the Company. The following may be enumerated among the special advantages in favor of Shareholders viz.: The original plant was purchased at about half-cost, the staff is now well-trained and efficient, which will obviate the difficulties and avoid a repetition of the losses experienced during the first eighteen months of the Company’s operations, while the whole of the dead stock was cleared out previous to stock-taking, July Ist, 1880. , . A good and safe business has been developed, winch is steadily increasing, and is capable of being worked up to a much greater extent. All the risks and expenses connected with the formation of a new company will be avoided, and, as can be seen by a perusal of the last balance-sheet, the new Shareholders will at once enter into possession of a good paying concern. The present Shareholders shew their faith in the concern in the most practical manner possible by taking the amount of £3,744 (accumulated profit, equal to 16 per cent, per annum on the paid up Capital) in fully paid up shares, instead of drawing the amount which they are entitled to do. The Company now offers to| investors an opportunity to develop a Colonial Industry which has established for itself a good reputation and meets with populai support, and which will, it is expected, shortly employ about 400 hands, and at the same time securing to Shareholders a good return for the Capital invested. Intending Shareholders can obtain any information, with an order to view tin Factory, from the Directors, or on application at the Office of the Company. The Share List will close on October Ist, 1880. In making the allotment the Directors will take into consideration the order in which the applications are made. The sum of £1 per share will be payable on application ; £2 10s. per share on allot' ment • and the balance in calls of not more than 50s. per share at intervals of not less
three months. In this manner the time for years and three months. All to the Chairman of Directors fully paying up will bo extended to not less than two Applications with £1 per share deposit, to be forwarded lot later than October Ist, 1880.
BALANCE SHEET, JUNE 30, 1880. LIABILITIES. Paid-up Capital, viz.! — 15 Shares of£i,ooo each . Mortgage to the Hon. J. T Peacock Bills Payable ... Debts due to sundry trades men... Interest on Mortgage, half year Advances on Wool Ship ments George Ramsden (Loan) .. Cash due Bank of New Zea land Profit and Loss Balance .. £30,283 17 9 ASSETS. By Freehold Land ... ~ Buildings Ac* count £3.993 *7 8 Less depreciation, 59 18 I £ 354 s. d. 1 6 Plant Account 10,273 4 3 Less depreciation, 256 16 7 Stocks on hand--3.933 19 10,016 7 Wool Manufactured and in process Oil Coal Soap hiaterials Dye Goods .. 4,840 1 o 5,924 18 39 17 35 o 76 o 29 o 400 o Sundry Debtors Wool Shipments— Ex Waimate 510 5 7 Ex Waitangi 411 14 4 11,344' 17 II 3,680 2 o Loom Cash and Petty Cash 921 19 11 32 9 2 £30,283 17 9 STATEMENT OF PROFIT AND LOSS ACCOUNT, For Half-year ending June 30, 1880. To loss on goods sent to Sydney Exhibition ... Depreciation on Plant and Buildings ... Repairs Account Wool used in Manufacture Oil Account, LlB5 55.; Coal, L 466 4s. 6d. ; Soap, LlO9 9s. 6d. Materials Account, L 139 9s, 9d.; Dye Goods, L 321 12s. lid. ... Insurance Account Wages „ Interest ~ Discount ~ General Expenses Balance £ s. d. 71 19 8 316 14 8 88 4 5 3.184 6 3 760 19 o 452 2 90 o 3,°82 5 856 2 447 18 380 1 3.744 7 £ s. d. By Balance, December 31, 1879 1,041 7 I ~ Profit on Wool, Shipment No. 1 ... ... 301 12 II ~ Profit on Wool, Shipment No. 2 ... ... 150 o o ~ Manufactures Account ... 11,982 2 1 .£13.475 2 1 Examined and found correct. W. P. WILSON, Auditor. Forms of Application may be obtained by applying, either personally or by letter, at the Offices of the Company. ’ ISAAC WILSON, 123 g Chairman of Directors. nn a mTiTinr nnnTi7AT>mmn_ Tr-n a mturrtfi rtATtrtrf r AryniLTiNTin
GRATEFUL—COMFORTING* KEATINGS COUGH LOZENGES. EPPS'S COCOA. BREAKFAST. BY a thorough knowledge of the natural laws which govern the operations of digestion and nutrition, and by a careful application of the fine properties of well selected cocoa, Mr. Epps has provided our breakfast tables with a delicately flavoured beverage which may save us many heavy doctor’s bills. It is by the judicious use of such articles of diet that a constitution may be gradually built up until strong enough to resist every tenpency to disease. Hundreds of subtle maladies are floating around us ready to attack wherever there is a weak point. We may escape many a fatal shaft by keeping ourselves well fortified with pure blood and a px-operly nourished frame. See article in the Civil Service Gazette, Made simply with boiling water or milk. Sold only in packets or tins, labelled : JAMES EPPS AND CO., “ Chateau de Montabor, Aveyron. Sir, —Having suffered for some time from an obstinate cough, accompanied with fever, continuous head-aches, and I sleepless nights, I resolved after having vainly tried several other medicines, to have recourse to your BALSAM of ANISEED. I cannot resist, sir, the desire of making you acquainted with the really marvelous results which I derived from it. From the first dose I felt great relief, the bad symptoms grew feebler, the irritation of the throat was calming down, and I recovered the sleep which had nearly left me. The third dose delivered me completely, and I am now completely restored to health. Receive, sir, with the expression of my gratitude the assurance of my distinguished sentiments. DUC DE MONTABOR.” COUGHS, ASTHMA, BRONCHITIS, ACCUMULATION OF PHLEGM. Composed of the puiest articles. These Lozenges contain no opium nor any deleterious drug, therefore the most delicate can take them with perfect confidence. Their beneficial effect is speedy and certain. This old unfailing family remedy is daily recommended by the most eminet Physrcians, (In use nearly 60 years). MEDICAL TESTIMONY. July 25th, 187?. 22, Cold Harbour Lane, London, Sir, —Your Lozenges are excellent, and their beneficial effect most reliable. I strongly recommend them in cases of coughs and asthma. You are at liberty to state this as my opinion, formed from many years experience, g J. Bringloe* M.R.C.S.L., L.S.A., L.M. Mr. T. Keating, Indian Medical Service. Dear Sir, -Having tried your Lozenges in India, I have much pleasure in testifying to their beneficial effects in cases of incipient consumption, asthma and bronchial affections. I have prescribed them largely, with the best results. W. B. G, , Apothecary. H.M.S. KEATINGS COUGH LOZENGES are sold by all Chemists, in tins of various sizes, each having the words, “ Keatings’s Cough Lozenges ” engrrven on the government stamp. Proprietor, THOS. KEATING, London, Export Chemist and Druggist. ENO’S FRUIT SALT. THE PHYSICAL BASIS OF LIFE. ENO’S FRUIT SALT.—“After suffering for nearly two and a half years from severe headache and disordered stomach, and after trying almost everything and spending much money without finding any benefit, I was recommended by a friend to try ENO’S FRUIT SALT, and before I had finished one bottle I found it doing me a great deal of good, and now I am restoiffli to my usual health; and others I know that have tried it have not enjoyed such good health for years.—Yours most truly, Robert Humphreys, Post Office, Barrasford. ” Agents for New Zealand, MESSRS. KEMPTHORNE, PROSSER, AND CO.
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Page 4 Advertisements Column 3, Ashburton Guardian, Volume 1, Issue 146, 31 August 1880
Page 4 Advertisements Column 3 Ashburton Guardian, Volume 1, Issue 146, 31 August 1880
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