PRO SPE CPUS OF, THE. 'Mp ZSAMKJ) POOTET COMEAP /'*' (LIMITED). TO BB REGISTERED PURSUANT TQ ACT OF. PARLIAMENT,. CAPITAL ... ... ... £30,000, In 12,000, Shares of <£2 10s each; of which 800 Shares are already paid up, representing, portions of the present capital of the Company. Provisional Directors : HENRY CLARKE, M.E.G.,- Tokomairiro JAMES GOODALL, Mayorof Milton i ANDREW. M'LA REN, Sitock-deaier : GEORGE COOMBft/ JAMES ELDER BROWN, Settles \y JOSEPH MACKAY, Publisher R. W : . C AEST-ICE, Auctioneer, f * J. M.WATSON, Contractor . ' W. L. PHILP, of Philp, Henderson and Co. { JOHN A. DUTHIE, of, Capstick-, Duthie and Co. GEORGE WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant With power to add to their .number. Bankers] Solicitor, ••••••.*• Manager^ • Agent for Dunedin ; M. W. HAWKINS. „. Five. Shillings per. share to be paid on application, and 5s on allotment; A call of 5s per share to be made three months after allotment, and no further call to exceed 5s per share, payable at intervals of not less than three months between each call. lst. The name of the Company is the New. Zealand Royal Pottery Company (Limited). Snd. The Registered Ofiice of the Company is to be established in the township of Mil tonj in the-. Province of Otago. 3rd. The objects for which the Company is established arefor the purposes of manufacturing and selling all kinds of Stone, China* Printed, Painted and Enamel Earthenware; Also, every description of Salt Glaze" 1 Stone Pipes, Chimney Tops, Sewer Pans, Fire Bricks, Tesselated Pavements and. Telegraph Insulators, and to do all things the Company, from v time ! to, 'timej consider to be incidental or conducive to the attainment bf its objects, or otherwise for its benefit. ' 4th. The Liabilities of the Shareholders is Limited. sth. The Nominal Capital of the Company is £30,000, divided into 12,000 Shares at £2 10s each.
surrounding the present centrally sitpated Works (secured with a view to their futtire development), and the Large and Substantial Buildings, with Plant and Stock, at a valuation estimated at, or about £7000, including the General Government Bonus of £300. The amount of Goodwill, estimated, at Mr White has resolved to invest in the Company in paid-up shares to that amount, so confident is he in the bona fides of ttie undertaking in the hands of a public Company. The projectors have also secured from Mr White, his right obtained from the General Government to remove clay from the lands adjoining the line of railway between Tokomairiro and the Clutha, which clay is allowed, by competent judges, to be equal to any found in England for manufacturing purposes. The Government are now forming a siding to these clay pits, which is inexhaustible. The projected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will be in railway communication with the raw material^ with unlimited and cheap coal supplies, and with a port of Shipment; as also with the metropolis and the larger townships of the Province likely to form good markets, for sup-r plies.
TH.E success, which has attended the 'establishment of the Mosgiel Woollen Factory under the provisions of -the Joint Stock Co.'s" Act, arid the greater facilities and extent to which such undertakings can be conducted by a Company as compared witih a private individual,- has led to the project of the formation of a Company, with a view to the purchase of the Tokomairiro Pottery Works, now owned by Mr W. M. White, and coiiducting the manufacture of Pottery and Earthenware upon a scale somewhat commensurate with a large market -presented an New Zealand apd the other Australh^n Colonies; this being. the; only Pottery Work established in the Southern Hemisphere, f
The y present work^ were commenced by Mr W. M. White about a yeai ago, since .wmch time he has disposed of over Jsot)o worth of Salt Glaze alojae^.t^e market for which is steadily on the ipcrease, and beyond the present producing powers of the Establishment During this period Mr White has also devoted a considerable portion of siis time and attention to the preparation of the necessary buildings and planter the manufacture of all classes of Sfaf<fordshire Potteryware upon the most approved principles and latest improvements in machinery used in Stafford-, shire, and recognised as the best and most economical- in the world. The property is situated in the centre of Milton;
The Projectors appeal for support with every confidence to the residents ofTokomairirOj and the setjtlers.of the County of Bruce generally, as the establishment , of. ibis industry has already tended greatly to develope the resources of the'district in opening up clay, and coal mines, employing a large ! amount o^ outside labor in procuring •'and carting timber, coal,' and clay supplies ; while the . J recent unexampled prosperity of the township of Milton has been greatly advanced by "the presence in its midst of the large-num- 1 ber of employees, men, women, and children, engaged Up6n the wOrks, and which would be greatly increased by a: larger proprietary^possessed of increased capital to carry on >the works to every advantage.
Mr ( "\j\k M. White has now ready fotf market large supplies of saleable articles for general and ( domestic purposes. The, present time is, therefore, considered-by' the projectors of this Company' th^ most favorable opportunity for entering upon the possession of the Works, and; pushing the manufacture and sale ol; Pottery ware in this and the adjoining; Colonies, An estimate of the nature! and extent pf the available marketrmay be arrived at fromi the fact that the value of such imports -into J^w, Zealand alone for the year ending December last amounted to £70^000, .of which QtagfTalone imported 1 £22,00jp wcfrtk tf Pottery ware.
The. also confidently bring the enterpriae-uhder the ;notice • of the general; public of Otjago, as.it is a well known fao'tf that ; nbthing so fends to advance tlie prosperity" ot a country, as the ' establi&bjmebt of local .industries within itsJiorder^-thjispreventing the exp,ois of- capital the r Gplongr. for supplies ;of 'everyday' requirements^ A par jr .from: ; these \ :cojosidjßi3atiQna the enterprise of itself promises to be an am ply« ?e'munei|itive app; fucpessf^V° n ]M The' projectors,^ haying-given tbe^matCer in all, it? : ; gspect^.ejVe^ cejasider^tion,; have" "great pleasure in" placing 'th^ Company in the market^ and Relieve 'it willr-prxrye^in" every : way worthy of j public confidence andico-operative supsporty •- : r i GEOB6i) CAPSTICK Interim Secretary.
The-I^ombters have ev^ry confidence J»j will be enabled to supply the whole Colonial Market avith any article in Potteryware, at a figure sufficiency low to compete successfully with: the home article, while, securing j a large margin of profit to the Company, who have secure^ the services, as manager, of Mr Chetham, for 30 years proprietor of one of the largest English Potteries, and practically - acquainted with, the various . presses adapted in: every branch of the. trade. The services of the present Staff— of over 30 thoroughly experienced hands — brougbt from- the Staffordshire Potteries direct, an# now engaged upon the Works have also been obtained.- \
The Projectors have, agreed with Mr! W, M. White' to take over the Freehold *™Perty,. cpnsist^ , 9 f, 3 Acr,e,s, pf Lau.d'j
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Bibliographic details
Clutha Leader, Volume I, Issue 40, 15 April 1875, Page 3
Word Count
1,189Page 3 Advertisements Column 1 Clutha Leader, Volume I, Issue 40, 15 April 1875, Page 3
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