"New Advertisement. . ! PROSPECTUS OF THE NEW ZEALAND POTTERY COMPANY (LIMITED). TO BE REGISTERED PURSUANT TO 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.P.C., Tokomairiro JAMES GOODALL, Mayor of Milton ANDREW M'LAREN, Stock-dealer GEORGE COOMBE JAMES ELDER BROWN, Settler JOSEPH MACKAY, Publisher R. W. CAPSTICK, Auctioneer , 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. Ist. The name of the Company is the New ' Zealand Royal Pottery Company (Limited). 2nd. The Registered Office of the Company is to be established in the township of Milton, in the Province of Otag-o. 3rd. The objects for which the Company is established are for the purposes of manufacturing" and selling all kinds of Stone, China, Printed, Painted and Enamel Earthenware; Also, every description of Salt Glaze Stone Pipes, Chimney Tops, Sewer Pans, Fire Bricks, Tesselated Pavements and Telegraph Insulators, and to do all things the Company, from time to time, consider to be incidental or conducive to the attainment of 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.
npHE success which has attended the -*- establishment of the Mosgiel Woollen Factory under the provisions of the Joint Stock Co.'s Act, and the greater facilities and extent to which such undertakings can be conducted by a Company as compared with 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 conducting the manufacture of Pottery and Earthenware ! upon a scale somewhat commensurate with a large market presented in NewZealand and the other Australian Colonies j this being the only Pottery Work established in the Southern Hemisphere. The present works were commenced by Mr W. M. White about a year ago, since which time he has disposed oH over £3000 worth of Salt Glaze Pipes alone, the market for which is steadily on the increase, and beyond the present producing powers of the Establishment.; During this period Mr White has also devoted a considerable portion of his time and attention to the preparation of the necessary buildings and plant for the manufacture of all classes of Staffordshire Potteryware upon the most approved principles and latest improvements in machinery used in Staffordshire, and recognised as the best and most economical in the world. The property is situated in the centre of Milton. Mr W. M. White has now ready for market large supplies of saleable articles for g-eneral and domestic purposes. The present time is, therefore, considered by the projectors of- this Company the most favorable opportunity for entering upon the possession of the Works, and pushing the manufacture and sale of Potteryware in this and the adjoining Colonies. An estimate of the nature and extent of the -available market may be arrived.at from the fact, that the value of such imports into New ZeaUand alone for the year ending December, last amounted to of whichOtago alone imported £-23,000 worth of Pottery ware. ! The Promoters have every confidence, that they will be enabled to supply the whole Colonial Market with any article in Potteryware, at a figure sufficiently low to compete successfully with the' home article, while securing 1 ; a . large margin of profit to the Company, who, have secured the services, asmanagerj of Mr Chetham, for 30 -years : proprietoi* lofone of the largest English Potteries land practically acquainted with the I various^ processes* adapted in every jbranch of the trade.. The, s^rncea.^oi. Ithe presejat.Staff—P^^ ■experienced hands— brought; -from the ■Staffordshire clirecfe, and nowj. iengagecL ."Ufton the. Works, ba,yg r .allso ibeen obtained. ! The* Projectbrsihave agreed wiiU M* [W. M. White tq take oyerjhe Freehold Property, consisting of 3 Acres of Land
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Bibliographic details
Clutha Leader, Volume I, Issue 43, 6 May 1875, Page 2
Word Count
742Page 2 Advertisements Column 2 Clutha Leader, Volume I, Issue 43, 6 May 1875, Page 2
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