Page 6 Advertisements Column 3

Daily Telegraph (Napier), Issue 9294, 23 July 1901, Page 6

Prospectus OF The Hawke's Bay i Woollen Manufacturing Company (Limited). TO BE INCORPORATED UNDER "THE COMPANIES ACT, 1832." CAPITAL ... £50,000, Divided into 50,000 Shares of £1 each, Which are now offered to the public on the following terms, viz :—2s 6d per share on application, 2s 6d per share on allotment, 2s 6d per share three months after allotment, 2s 6d per share nine months after allotment, and the balance, if required, in calls of not more than 2s 6d per share, at intervals of not less than three months. Application for shares may be made to jany of the Brokers named, or to the Interim Secretary. Provisional Directors : Hon J. D. Ormond, M.L.C. Mr J. C. M'Vay, Mayor of Napier Mr D. A Baxter, Manager New Zealand Lan and Mercantile Agency Company Mr W. 11. Blythe, of Mebsrs Blythe & CV Mr J. Close, of Messrs Neal and Close Mr T. C. Dawson, Manager Messrs Arch. Clark and Sonß MrG. P. Donnelly, Sheepfarmer,Crissoge Mr C. D. Kennedy, of Messrs Kennedy and Lusk Mr Nat Kettle, of Messrs Williams and Kettle Mr E. W. Knowles, Proprietor Napier Daily Telkgraph iMr G. E. G. Richardsou, of Messrs Richardson and Co. [Mr J. P. Thomson, Draper Mr F. W. Williams, of Messrs Williams and Kettle Mr H. Williams, of MeHsrs H. Williams and Sons Bankers: Bank of New Zealand. Solicitors : Messrs Suinsbury and Logan. Brokers: Messrs Baker aud Tabuteau, T. W, Bilfour, C. B. Hoadleyand Co., K. P. A. Platford. Interim Secretary: Mr George White, Emerson street, Napier. THIS Company is being formed with the object of carrying on the business of Woollen Manufacturers in Napier or its vicinity, and is the outcome of the following resolution, which was carried unanimously at a public meeting held at the Napier Chamber of Commerce on the 22nd May, viz. :—"That in the opinion of this meeting it is desirable in the best interests of Napier and Hawke's Bay-to establish a Woollen Manufactory in the vicinity of Napier; and further, that in order to accomplish this end a Limited Liability Company be formed." The promoters of this Company are of opinion that the wollen-manufacturing mduptry'is one well suited to the town of K-ipier, and that under capable and energetic management the Company will prove a successful financial undertaking. Negotiations are now in progress for *he acquirement of a tuitable site for the Factory. . It is the intention of the Directors to erect a first-class Factory and obtain the latest and most approved types of machinery and plant. The services of an expert and up-to-date manager will be secured. The cost of flotation and registration will be borne by the Company. The Memorandum and Articles of Association will be prepared and settled by the Provisional Directors, be, or procure, the subscribers thereto, register ihe Company and allot shares. Permanent Directors will be elected at the first General Meeting of Shareholders.

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