NEW COMPANIES

Press, Volume CII, Issue 30215, 21 August 1963, Page 19

NEW COMPANIES

Eleven private companies were registered in Christchurch between August 2 and August 8, according to the ’’Mercantile Gazette.’ 7 Details are as follows : Awanui Holdings, Ltd. C/o. Hubbard, Church and Gabites, public accountants, Havelock street. Ashburton. Capital: £lOOO. Subscribers: Ashburton— A. J. Watson 550, C. E. Watson 442, R. T. Gabites, G. G. Olds. V. L. M. Napier. D. R. Dalton, G. F. Gregg, J. B. Watson, R J. Watson. R. L. Edgar 1 each. Director: A. J. Watson. Objects: farming and incidental. Budget Shoes, Ltd. C/o. E. T. Cochrane, accountant, T. and G. Buildings. Stafford street, Timaru. Capital; £4120. Subscribers: Timaru—M. J. Souter 1000 preference, J. E. Souter 1000 pref., S. P. Souter 20 ordinary Wellington—B. E. Souter 1000 pref. J. B. Souter 30 ord. Christchurch—K. A. Souter 1000 pref.. N. F. Souter 15 ord.. G. K. Souter 15 ord. Cave—D. J. Rogers 20 ord. Fairlie—D. R. Ibbetson 20 ord. Director: M. J. Souter. Objects: deal in footwear, land, buildings and incidental. Dorie Oaks, Ltd., 9 Victoria street. Christchurch. Capital: £2OOO. Subscribers and Directors: Christchurch—J. R. Bain 200 ordinary and 900 preference. N. E. Bain 900 pref. Objects: farming and incidental. Foley (W. P.). Ltd.. 54 Salisbury street. Christchurch. Capital: £5OO. Subscribers and Directors: Christchurch —W. P. Folev 499, N. M. Foley 1. Objects: upholsterers and furniture manufacturers and incidental. Giltate Investments. Ltd., c/o. H. R. Fountain, public accountant, 135 Hereford street, Christchurch. Capital: £5OO. Subscribers and directors: Christchurch—H. E. Giles 250, M. Giles 250. Objects: financiers and incidental Kavanagh (J. D.) Ltd., c/o. Miller, Gale and Winter, public accountants, 116 Lichfield street. Christchurch. Capital: £lOOO. Subscribers and Directors: Christchurch—J. D. Kavanagh 999. K. J. McMenamin 1. Objects: clothing manufacturer and incidental. Kiwi Plasterers (Timarul. Ltd.. Porer’s Buildings, Stafford street, Timaru. Capital: £4OO Subscribers: Timaru—G. C. Blatch 300. D. J. Lyons 50. L M. Murray 50. Directors: G. C. Blatch. D. J. Lyon. Objects: plasterers and incidental. Marfleet Farm, Ltd., c/o. Chilton. Capon and Thomas, public accountants. Moore street, Ashburton. Capital: £lOOO. Subscribers: Ashburton—J. S. Lilley 496. R. B. Lilley 496. R. M. Chilton. J. A. Capon. T. G. Lilley. A. W. J. Lillev, P. M. Lilley, R E. Lilley. F. E. Williams. Christchurch—P. H. March: 1 each Directors: J. S. and R. B. Lilley Objects: farming and incidental. PVkaki Services, Ltd., c/o. P B. and G A. Foote, public accountant, T. and G. Buildings. Timaru. Capital: £3500. Subscribers: Lake Pukaki—K. J Wardell 900 ordinary. 100 preference, I. H. Wardell 1500 ord. Timaru—Timaru Nominees, Ltd.. 1000 ord. Directors: K. J. and I. H. Wardell Objects: garage and service station proprietor and incidental. Rea Enterprises. Ltd., 28 Larch place, Papanui. Christchurch. Capital: £lOOO. Subscribers and directors: Christchurch—B. K. Rae 900, P. M. Rae 100. Objects; builders, carpenters, joiners and Incidental. Wealleans Oceanic Mercantile Company, Ltd., c/o. Lyttle, Sheppard and Jeffs, public accountants, 104 Hereford street, Christchurch. Capital: £250. Subscribers: Christchurch—W. H. Wealleans 200, G. Wealleans 50. Director: W. H. Wealleans. Objects: importers. general traders and incidental.

Business Personal

Mr J. R. Milne has been appointed a director of Whitcombe and Tombs, Ltd.. Christchurch. Mr Milne is a director of Milne and Choyce. Ltd., Auckland. Mr A. E. Harris has been appointed general manager of Ampol Petroleum, Ltd He has been a director since 1959. and was formerly assistant general manager. Mr R C. H. Mason, manager of the South Queensland branch, has been appointed assistant general manager. Mr N. W. Millner, chairman of directors of Ballins Hotels, Ltd., and Ballins Industries, Ltd., has been appointed to the board of directors of the New Zealand Distillery Company. Ltd., Auckland. He succeeds the late Mr D. M. Young.

Board Maker’s Profit.—Cellulose Australia. Ltd.. South Australian paperboard maker, more than doubled net profit to return a record £272.032 in the year to June 30 The profit came after a 20 per cent increase in sales, and no tax. Cellulose was able to make sufficient claims under the 20 per cent, investment allowance to avoid paying tax. Ordinary dividend has been held at 10 per cent, and a final 5 per cent will go out on October I.—(P.A.) >