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PROSPECTUS OP THE AUCKLAND STEAM NAVIGATION COMPANY. Capital £4,000, in £5 Shares, With Power to Increase it to £6000. Deposit, £1 per Share.

Provisional Committee : John Salmon, Esq. W. Hughes, Esq. W. S. Grabamo, Esq. James Macky, Esq. W. C. Daldy, 'Esq. William Mason, Esq. J. A. Gilfillaa, Esq. J. W. Bain, Esq. J. Woodhouse, Esq. J. Newman, Esq. Bankers — Union Bank of Australia. Solicitor — F. Whitaker. Honorary Secretary — "W. 0. Daldy.

ONE of the consequences arising from the recent cheap land regulations is an extraordinary increased requirement for certain and speedy communication with tbc capital and the numerous Stations formed and forming on the Coast and Banks of the Rivers. To secure this important advantage to the settlers, merchants, producers and consumers, in fact to the community of this Province, it is proposed to commence this undertaking with a Steam Boat of about 100 tons builder's measurement, and 30 horse power, for the purpose of trading to the posts most in need, viz., the Tamaki, Howick, North Shore, Wairoa, Mahurangi, Matakana, and Kawau, calling at such places as may offer sufficient inducement ; and it is confidently anticipated that in a short period the Company might be in a position to extend their operations to Coromandel, the Barrier, Wangarei, and the Bay of Islands. Five Pound Shares have been Tecora mended, because it is considered desirable to offer as many persons as possible an opportunity of interesting themselves in tbe undertaking, thereby making it the general interal of all to offer facilities and assistance to carry out the object of the Company, that object being to effect a general benefit to the Province more than individual profit. It is thought unnecessary to dwell on the great great extension of general traffic wherever proper facilities of intercourse by Steam have been afforded, it may however be briefly stated that within the proposed limits the extent of traffic will be sufficient to make a fair return for the capital employed, and, when in full operation, will offer important advantages to the public in the conveyance of passengers, produce, and merchandize. It is proposed to apply to the General Assembly to pass a Bill, during the present session, to limit the liability of the Shareholders to the amount of their respective shares. Application for shares may be made in the subjoined form, to the Provisional Committee, through the Secretary and the Solicitor of the Company. On the Provisional Committee receiving applications for 500 shares, they will convene a meeting, for the purpose of appointing Directors to undertake the management of the Company, who shall have the appointment of a Manager. FORM OF APPLICATION FOR SHARES. To the Provisional Committee of the Ancklaud Steam Navigation Company. Gentlemen, I request that you will allot me shares in the above undertaking, and I agree to take such shares or any smaller number and to sign all necessary dced9, whenever required to do so. Bated the ' day of 1854. Name Occupation Residence.

WANTED, -A COOK of steady habits.— '" Apply at the Masonic Hotel, PrincesStreet, Auckland. May 22nd ; 1854.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18540602.2.24.1

Bibliographic details

Daily Southern Cross, Volume XI, Issue 723, 2 June 1854, Page 4

Word Count
511

Page 4 Advertisements Column 1 Daily Southern Cross, Volume XI, Issue 723, 2 June 1854, Page 4

Page 4 Advertisements Column 1 Daily Southern Cross, Volume XI, Issue 723, 2 June 1854, Page 4

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