Page 5 Advertisements Column 4

Daily Telegraph (Napier), Issue 9940, 11 December 1900, Page 5

PROSPECTUS OF THENAPIER CO-OPERATES MEAT SUPPLY COMPANY,. LIMITED (To- be registered under the Companies Act.

CAPITAL £15,000 In 15,000 Shares of £1 each (3000 (Shares to be retained for future allotment), To oe paid as follows, viz.:— Five Shillings on application, Five Sttil--lings on allotment, and the balance fif required) by calls of Two Shillings and Sixpence each, not less than three months notice to be given of any such call. It is not expected, however, that more than Ten Shillings per share will be required.

Provisional Directors - ™F' W ' Williai "s, Chairman VV. A. Amner F.-Moeller Dγ■ Bernau R . D- D M'Lean C. H. Cranby S. M'Lernon 0. Dolbel is. j>. Sweetapple Dr. Jarvis Cap'ain Todd J C. D. Kennedy White I J. F. Jardine Henry Williams F. Logan Bankers •: Barak of New South' Wales. Solicitors : Messrs Carlile and M^eaa, Brokers: Messrs C. B. Hoadley and Co., Napier. The object of the Company is fioaeqnire and amalgamate the old-established Businessea carried on by Mr John Higgins and Messrs Conroy ake> Co. and the Napier Meat Co. as Butchers These include their extensive hotel, family, and shipping connections*. The Company will take over all the shipping and other contracts now held by tnese firms, also such of their leasehold landa, including all necessary business premises, paddocks, and the fnjTy-equipped boilingdown establishment at Clive, as may be considered expedient, as well as their carts, drays, horses, and complete trade requirements, a schedule of which may inspected at the Brokers' Offices. It is not proposed to take over Book Debts. «g3JBBErr-B: The profits hitherto earned by tne above-mentioned firnia, in the opinion of the Provisional Directors, iustify them in anticipating that the Company will realise a net profit of not less than 15 per cent, and it is hoped tfeat by the amalgamation and consequent saving of working expenses, as well as by the extension of business, a much larger profit will resul ,- in a tew years. The Company will be able, by purchasing for cash, to procure the very best meat in the market, and so secure permanent popularity for its business. It is proposed that after providing for a dividend of 8 per cent on paidup capital, and for reserve fund, depreciation, and contingencies, a portion of the profits earned by the Company should be distributed amongst shareholders contributing business, in proportion to their purchases. This is a plan which has been found to result in similar ventures elsewhere in great advantages to all concerned. Applications for Shares by Napier anri Spit residents and the Shipping Companies whiih propose to obtain their meat supplies from this Company will receive fii)st consideration in ihe allotment of Shares. Mr John Higgjks and Mr William Irving of Messrs Conroy and Co. will retam a large interest in the concern, to be taken in fully paid-up Shares, and have agreed to give the Company the advantage of their experience as Working Managers for a period of not less than two years, should the Diiectors j so desire. The only contracts entered into by or on behalf of the Company are— 1. Two Agreements, each dated the sixth day of December,. 1900, made between William Irving and George Woooham of the one part, and Frederic Wa?3clyn Williams, on behalf of the Company, of the other part, and 2. Two Agreements, each dated the sixth day of December, 1900. made between Johj* Higgins of the one part, and the said Frederic Wankxyn WejLlams, on behalf of the Company, of the other part. Applications for shares to be made to Messrs C. B. Hoadley'& Co., or the Bank of New South WaIjBS, Napier, on or before MONDAY, the thirty-first of December, 1900. The Share List, however, may be closed at an earlier date at the discretion of the Provisional Directors. The Forms of Application for Shares may be obtained from Msssrs C. B. Hoadley & Co., the Company's Brokers. All Application Money will be returned in full in the event of no allotment.

I. SALEK & CO., EMERSON STREET, Watchmakers and Jewellers. HAVING purchased a large stock of Watches, Jewellery, &c, amounting to over £3000, we are prepared to offer to the public goods at a very large discount. The following are a few of the leading lines :— Rotherham Watches from 50s (5 years' guarantee) English Levers, by best-known makers, from 30a GenU' Gold Watches from £4 f.ariies' Silver Watches from 153 jS'ickle Watches at low prices i One 18-earat Gold Repeating Watch (a bargain) £25 JEWELLERY. Ladies' and Gents' Diamond Rings from 30s to £60 Kngug-meiit Rings from 10s to £40 Gold Brooches from 5j REPACKING Having engaged a First-class Watchmaker, v\e are prepared to execute all work entrusted to us at reasonable prices. Watches CleaDed ss. Mainsprings4s6d. A I Work Guaranteed for 12 Months. . NEWEST STYLES. LOWEST PRICES AT .°- ; j) ' -iT < >\ , -■ y . - t '< ■,; * .« ki< 'r \j C• «! I j* i\' <r\i t'X\ *s- i is i) '' v I I' ;11 fj) «ii i!«;i §11®! 'Xmas Fruits, very choice; prime Figs, Muscatels, Raisins, Sultanas, Cur- ■ ;'ii!s. Hf'.'l TVs-1. Pri.;p." vicht, P.\TTFKio>. v\ WV-j sliteu