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Prospectus. PR O S P E OTUS OF THE ASHBURTON CHEESE AND BUTTER FACTORY COMPANY (LIMITED). Capital : £5,000, in 1,000 shares of £5 each, payable as follows :—ss per share on application, 5s on allotment, and the balance in calls of not more than 10s per share at any one time. No call to be made under an interval of three months from the previous one being made. It is not proposed to call up more than £2 per share at present. Provisional Directors—Messrs E. G. Wright, Hugo Friedlapder, John Orr, Matthew Stitt, Andrew Dawson, John Chalmers, Joseph Hunt, J. E. Trevor, D. Oliver, John Carter, J. W. Silcocb, Thomas Bullock, C. Pi Cox, Joseph Clark, George Jameson, Frederick Pavilt, Andrew Leatham, David Wilson, Francis T. Mayo, T. B. H odder Isaac Sargeant, E. Corbett. Bankers—Bank of New Zealand. Solicitor;—Branson and Purnell. Interim Treasurer—John Orr. Interim Secretary—Stephen E. Poyntz. The promoters of this Prospectus, in introducing it to the public, wish to draw attention to the benefit to be derived from the establishment in the County of Ashburton of Cheese and Butter Factories. (1) By the factory system the cost of manufacturing would be considerably lessened, and the consequent profit arising therefrom give a greater return to all interested, and by reason of the uniformity obtainable, a greater demand also for the manufactured article, at an increased value, would he the result. (2) Farmers, by selling their milk to the Company, will receive payment in cash, and consequently be in a position to purchase their goods at the store on a cash basis, which will not only be advantageous : ;to themselves, but will also materially assist to place trade generally throughout the County on a sounder footing, and will likewise find an outlet for the butter and cheese made, which at present farmers and storekeepers have a great difficulty in doing. (3) It would be the means of opening up a steady paying market for the produce which at present—during some portion of the year—will barely meet working expenses, and ships now being fitted with refrigerating apparatus, combined with the prospect of direct steam communication at an early date with the Old Country, warrants the promoters in anticipating and offering such an outlet. All further information desired can be obtained from the Secretary or any of the Directors. Application forms for shares will be issued in a few days. S. E. POYNTZ, 958 c Interim Secretary. Consultations. J HERMAN’S NO. 3 CONSULTATION ON THE CANTERBURY JOCKEY CLUB HANDICAP, To be run AT CHRISTCHURCH, NOY. 8, 1881. 65 Nominations and 10 Stars. Total number of Prizes, 75. 2000 Members, at 10s each. The Ten Stars at £25 each are extra Prizes, and will be paid immediately after the drawing. Two stamps necessary for reply and result. Cheques must be crossed, with Is exchange added. To close the end of September, Address J, HERMAN, Tobacconist, 244 c Main South Road, Timaru. MR. J. W. JAGO. WANTED THE GUARDIAN tells your Wants for Is.. cash. Y, R JIHE PUBLIC TRUST OFFICE. GUARANTEED BY THE STATE. Although this office has been in exis tence for a period of more than seven years, it is believed that the objects for which it was established are not sufficiently understood. It is desired to set forth in a concise form information respecting the business which this office undertakes : 1. The charge of all kinds of money trusts, such as Marriage Settlements, moneys to be invested for the benefit of Minors, money s bequeathed for charitable objects, moneys the title to which is in dispute, or whose legal owner is unknown or cannot be found, &c., &c. 2. The administration of the wills o persons who by appointing the Public Trustee as their executor secure the guarantee of the State for the due fulfilment of their wishes, and avoid the risk consequent on the appointment f private persons as executors, who not unfrequently, though earnestly desirous of acting for the benefit of parties interested, fail to carry out legally the objects for which they were appointed, and consequently involve themselves and those whose interests they are striving to protect in costly and harassing litigation. 3. The administration of all estates of which no disposition has been made by will, whenever relatives do not wish to incur the responsibility of administration, or cannot from any cause obtain the necessary powers to act. In such cases it is the duty of the Public Trustee to discharge all legal debts so far as the assets extend, and divide the residue amongst the next of kin. 4. The administration of the estates of lunatics, lunatic patients, and convicts. 5. The charge of all lands lying waste and unoccupied of which the owner is unknown, or who has been absent from the colony for ten years, having left nc known agent. ; ,•» The dost of; administering; estates is very .tViktl Information may be obtained from all agents. R. 0. HAMBRTON, 29a Publio^Trustee

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https://paperspast.natlib.govt.nz/newspapers/AG18811107.2.5.7

Bibliographic details

Ashburton Guardian, Volume III, Issue 495, 7 November 1881, Page 1

Word Count
828

Page 1 Advertisements Column 7 Ashburton Guardian, Volume III, Issue 495, 7 November 1881, Page 1

Page 1 Advertisements Column 7 Ashburton Guardian, Volume III, Issue 495, 7 November 1881, Page 1