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Public Notices. , fcora is particularly drawn to tint? special feature," as more par-icul-rly explained below. AriT_tnta_.cs.--The large dividends which the. pastoral cobo pantos" already established in these colonies for transacting this class of business have continuously paid must be bold to indicate that large, savings can be effected by those pastoralists and agriculturists who become shareholder* andcohstituentsof acompanyfonnded on thomutuaiprinciple,the application of which will necessarily, at the same tune, form a guarantee to tho ordinary investing shareholder for the rapid development ot a largo volume of business to the Company. Debentures.— Advantage will be taken of the present favourable condition of the money market in London to rissue debentures at advantageous rates, which will enable- the Company to grant, on favourable terms, all usual financial facilities to its clients. Management-—Boards will be ectabhshed in all the' principal colonies; and care will bo taken to make available! to each colony, according to its current business requirements, an equivalent proportion of the capital at the command of tho Com cany from time to time. Shares.— The first issue of shares will, in the first instance, be reserved in tho following proportions to supply applications: from each colony, viz.: New South Wales. 300,000 shares; Victoria, ..00,000 shares; Queensland, 200.000 shares; South Australia, 100.UOO shares; New Zealand, 50,000 shares ; Tasmania, 25,000 shares ; and Western Australia, 25,000 shares; but the directors reserve tho power in making allotments to have regard, in the iirst place, to applicants likely to become constituents, to dispose in other colonies any shares not applied for the reservations for each colony, and also from time to time to issue, upon such tortus as they may deem advisable, shares to customers. It is also intended to offer the whole or a portion of tbe next issue in London. Profits.—The articles provide that the net profits attar providing for maintenance ot a reasonable current balance and reserve fund, will be apportioned yearly apon the following basis :— (a^ In providing for a dividend not exceeding i. the rato of eight pounds par cent, per annum • upon tho paid-up capital. (b) An appropriation at a rato not exceeding 2 per cent, ncr annum on such capital to a 'special fund 'for equalising dividends, provided always that no such appropriation Shall be made whenever tha said fund shall ■ stand with the sum of one handred thousand pounds to tho credit thereof, (o) One-half of the balance shall be distributed amongst the" shareholders by way of bonus or additional dividend, and the other half shall bo divided amongst tho constituents of the Company being shareholders in proportion to the amount of profit accruing to the Company from their respective transactions With tha Company during the preceding year. Powers.—Tne memorandum and articles of association will enabio the Company to acquire any similar business already established, and the provisional directors have already in view the acquisition on favourable terrhs of three such businesses carrying first-class connections. Powers-will also bo taken for the Company to act au trustees, executors, and agents of estates which include pastoral and agricultural property. Tho memorandum of association is published herewith, and the articles of association can be inspected at tho office of the solicitors of the Company, Messrs Allen and Allen, 'Phillip - street,. Sydney. New Sooth Wales; Messrs Cuthbert. Hamilton, and Wynne, Col-lins-street West, Melbourne, Victoria; Messrs G and J. Downer, Central Chambers, King William - street, Adelaide, South Australia: Messrs Macdonald-Paterson, Fitzgerald, and Howtborn, Brisbane, Queensland. Ablo and experienced mamiKienient in each department will be secured, and all appointments will be made by the directors after tho floating of the Company. In the formation of tho Company no promoters' shares will bo issued. Tho cost of registration, law, brokerage, printing, and sundry preliminary expenses will, however, be mode a ilr3t charge upon tho funds of the Company. Already a large number of Influential stationholders in each colony have promised to send and to influence business to the Company, and many have intimated their intention of becoming largo shareholder*. Shares will be allotted, as far as practicable, according to priority of application, and as may be oonsiderecl most oonducive to promote tho best interests of tho Company. ._.,_, Applications will be received by the brokers named herein for the different colonies, and the share list will close simultaneously in each place. THIS PASTORAL, FINANCE, TRUST. AND AGENCY COMPANY OF AUSTRALASIA (LIiHTJSD). Form of Application for Shares. To Messrs Acland, Barnes, and Co., Brokers for Now Zealand. Gentlemen,— I hereby request you will allot me Shares in tha above Company, and enclose you the sum of . .being the application call upon ■> shares ; and L agree to accept tho same or any loss number that may be a'lotted to me, and sign tho articles and rnemorandnmof association when called upon to do so. Dated at- .this day oi 18""" .j %. Kamo in full » '•■» § Full postal address _$. Signature Forms o! Prospectus and Application Forms may bu obtained from '^ACLAND, BARNES, k CO., \ 11 _ HEREFORD-STREET. Tho Share List closes on November 10. PR O 8 'PECTUS Oif THK NI.YT MOANATAIRI GOLD-MINING COMPANY (LIMITED), Te be registered under the Companies Aot, 1382. Capital - 1625,000, in 50,000 Shares of 106 each, PROVISIONAL -HRECTORS: Messrs J. McCosh Clark, Charles B. Stone John M. Alexander. Josoph L, Wilson and C. C. McMillan. These SHARES aro now offered to £he public en the .allowing terms, viz.: Sixpence per sharp on Application, Sixpence per Share on Allotment, and tho balance as required, in ca'ls •f Sixpence per Share, at intervals of not leas than one month. The object of the Company Is to purchase the Moanatairi Company's proporty at the Thames for the sum of £2,025, and such further sum not exceeding the sum of £6,500, as may bo required te pay all the liabilities (including cost of liquidation) of that Company, under the terms of an agreement dated tho 27th September, 1888 and made between tha Moanatairl Gold-mining Company.'Registered. of tho one part; andFrancia Angus White on behalf of the intended Com. pany,-of the other part; and to provide funds ta prospect the Mine and work the same. • Iho Mine■ emulate of 71 acres 3 roods 21 perches, held by Licenses under tho Mining Districts Act, and comprises somo of tho richest pound hitherto worked at the Thames Gold-&eld,haying'-yielded 141.5680_s of melted gold, S?vVSL_f^ mi'm .¥" b°en Sail.n Sividendjs. The prospeots before tho Company ire such as to warrant the belief that at no dlstont date other deposits, equally rich, will b< fembr^ « t vThm^ ompa¥'B I°-Btamp Battery, situated on fee Thames foreshore, at the mouth of tha i^2Sft T 1 B aal ' k ««»finest on the goldfleld, md can bo driven by either utoam or water Applications for Shares, accompanied by a deMBit of Sixpence per Share, will bo received by ft.2,w^ berß,°?. th* Auckland and Thames 8 t . wm? so$ atA onß 'op the Secretary, Mr LibSSso?b?tS; 8& ot ' *"***•*» * tIKd S_hSt! ledfor b7 °ld 3hßrehol<ierß will baj iSffi:- recommoaded to baoawiod on are *BTc;PiMBRI,A Section: 'To open up the' Mm^ 0nJ he Cambria boundary. It is eonildently expected that before long wo shall pick U p fhe Cambria run of gold, ]*Wch' i_*?jtt.iag,llke the patch dis-, covered on the oame reef in thoir mine, W_U prove highly remunerative to share-! holders, as well as give sufficient funds! to thoroughly prospect other portions of I this extensive property. ' To erect the In-' £?™° U7 Hock % iU Machine, lay the • .'pipes &<,., up tho Moanatairi Tunnel, -«?«v,<.°o Deot tho Junnel with that portion oJ i » omp,?Jiy ? property known as the ifotot Russell and Golden Age licensed holdings. The reefs in thoso claims have yielded good reeults on tho upper levels, and are known to contain a large quanof.?ayable OuartK, which can be worked from the tunnel level, at a cost which ought to yield a good profit. i SRD.--SUBFACI. Portion :'-To put up arias! from the Moanatairi Tunnel at the west-1 tern boundary of the Mine, and run the who c surface through tho Battery. The ?rf,l„ H klns: the surface of the h n ?. } * tlils hianhe'r lead to tho berief that from this 80uroo alone good resulta will be obtained. ijrfT)- 't O " B A _? B >3iL_s_£&*3!!Bn PUBLIC HOT, COLD, and ;SHOV/ER t BATHS, Victoria - street East [Charge, ONE SHILLING. Open all week days •'/?!? i 6^'™m to 9?• m- Sunday Mornings from -a till. 10. Ihe bath-rooms are all private, »ii<_ WJPPlied with every convenience — Turkish towels, flesh and hair brushes, oombs, reapi. raters, etc. Sqlscfc bath-rooms (private) foj ladios every day, at all hours, with fomala atse.ndancfl; One Shilling and Sixpence. Please note tho address—Victoria-street East, above | the Qi'syhbund Hotel, and next the Cheap Be__i I ding and -furniture Mart, Auckland. .H,R_- ! SSfS«_:iS-s^£n§a»«*"« - * » '* -~ -— -

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18881013.2.12.3

Bibliographic details

Auckland Star, Volume XIX, Issue 242, 13 October 1888, Page 3

Word Count
1,447

Page 3 Advertisements Column 3 Auckland Star, Volume XIX, Issue 242, 13 October 1888, Page 3

Page 3 Advertisements Column 3 Auckland Star, Volume XIX, Issue 242, 13 October 1888, Page 3

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