Page 4 Advertisements Column 5

Evening Post, Volume XVI, Issue 210, 4 September 1878, Page 4

'PHE NEW ZEALAND TANNING 1 AND LEATHER MANUFACTURING COMPANY (LIMITED). To be Incorporated under " The Joint Stock Companies Act, 1860." CAPITAL— £2O,OOO, EN 2000 SHAKES OP £10 EACH, WITH POWEB TO INCREASE TO £50,000. I PAYMENTS— IO3 per Share on application ; 10s per Share on allotment ; and four calls of 203 per Share, payable on the second, third, fourth, and fifth month after allotment. Ko further call respecting the balance to exceed 10b per Share, or be made at shorter intervals than two months from the date of the one preceding. It is only proposed to call up half the capital, in order that practical operations can be commenced in January, 1879. PEOVISIONAIi DIRECTORS: J. GtrmxFOKD, Esq. I R. J. Duncan, Esq. Ed. Jackson, Esq. | R. Port, Esq. J. E. Evans, Esq. BANKERS: Bank of Australasia. SOLICITORS: Messrs. Bijlleb & Lewis. TEMPORARY OFFICES: FEATHEBSTON-BTBEET, WEIiIiINGTON. SECRETARY, PRO. TEM. : J. W. Ffbost. PROSPECTUS. This Company is proposed for the purpose of taking over as a " going concern," and continuing the working upon a very much enlarged scale of the Tanning business, situate adjacent to the City of Wellington, and known as the property of Mr. J. Guilford (together with the whole 01 the stock, tools ,and machinery now in his possession), which is situated at Beramphore, near Newto-wn, within three miles ef the city, and has been in working order for the paßt seven years. The present proprietor has daring that time been extensively manufacturing shoemakers' and saddlers' leathers, and now finds the demand so great that increased facilities are necessary to meet the demand ; and being convinced, after several years of practical operations, that a Company with capital introducing the necessary machinery and skilled labor, will be able to command a trade second to none in New Zealand. The agreement with the Vendor is to take the whole of the plant at a valuation, estimated to come to in all about £4000, £1000 of which amount will be taken by him in paid up shares. The property consists of one acre of land, a new 10-h.p. engine and rolling gear complete, drying and scouring sheds, and about thirty excellently built pits, giving every facility for extensive operations; approached by a good macadamised road, and easy of access. During the last few years an enormous demand has sprung up for all kinds of Leather, the supply both for the export and New Zealand trade being altogether inadequate to meet requirements, hence great delay and consequent loss to the consumer is constantly arising. It is therefore intended, as soon as the Company is fairly floated, to lay down such increased stock and appliances as will meet these requirements, and to adopt such means as will secure tor the Company's leather the first reputation throughout the whole of New Zealand. The business will be carried on by Mr. J. Guilford until the Company enters into possession, and satisfactory arrangements can be made with that gentleman for his valuable services in connection with the active management of the Company. The Provisional Directors have not thought it advisable or necessary to prepare any elaborate statements of figures showing probable profit— the fact is well known to all, that such a business even moderately well managed, is bound to pay very handsomely; and, when practical experience is combined with large capital, as it will be in this case, the Company should prove an investment second to none in the Colony. A large proportion of the capital has already been taken up by those interested in the Leather trade. Early applications are therefore requested. Prospectuses and Forms of Application for Shares may be obtained from the Bankers, any of the Directors, or at the temporary offices of the Company, Featherston-street, Wellington. Mr. C. K. Jeffs is appointed Canvasser and Collector to the above Company. J. W. Ffbost Sec, pro, tern. A USTRALI AN MUTUAL PROVIDENT J\. SOCIETY. ! ESTABLISHED IN TUB \'BAR 1849. For Life Assurance on the Mutual Principal. Nbw Zbaland Branch: Head Office ... . Wellington. Local Board of Directors: The Hon. C. J. Pharrzyn, M.L.C, Chairman The Hon. Sir W. Fitzherbert, K.C.M.G. and M.H.R., Deputy-chairman A de B. Brandon, Esq., M.H.R. George Hunter, Esq., M H.R., and The Hon. Morgan 8. Grace, M.D. and M.L.C. Invested Funds £2,300,000 Annual Income 550,000 Amount Assured ... ... 12,000,000 Claims Paid 850,000 Policies in Force 31,000 LAST YEAR OF THE QUINQUENNIUM. Sixth Division of Profits. The whole of the profits are divided amongst the assuTfd, and bonuses to the amount of £910,000 have already been allotted. The last division of profits took place in 1874, and the cash surplus then divided amounted to £235,000, giving additions to policies averaging £3 per cent, per annum on the sum assured. The bonuses paid on policies becoming claims have varied from £15 per cent, on the sum assured for a policy of five years' j standing to £150 per cent, for one of twentyfive years' duration. Bonuses become vested additions to policies when they have been full five years in force. The profits realised during the last five years will be ascertained and divided as at 31st December next, and all policies issued on or before that date will be entitled to participate in the profits of quinquinnium. Prospectuses, forms oi proposal, and all Information may be obtained from the Branch Office, Wellington, or from any of tbe Society's agents. ! EDWARD W. LOWE, Resident Secretary. CUBA-STREET BAKERY. I HAVE to thank my Friends and Public generally for past favors, and beg to inform them that I have disposed ef the whole of my Baking, Confectionery, and Grocery Business to Mr. JAMES GODBER. As I can testify to his ability, civility, kc, I can confidently recommend him for a continuance of the favors hitherto conferred upon myself. "i ours faithfully, JOE DIXON. In respectfully soliciting a continuance o the Patronage bestowed upon Mr. Job Dixon, I hag to inform the Public that mine will be the old motto of "Small profits and quick returns," which, added to the fact that I shall always endeavour to keep only Goods ot first-class quality, will, I trust, merit me a air share of the patronage of my friends, and also of the public. Your obedient servant, JAMES GODBER. J. Dixon begs to intimate that Mr. Godbbr's receipt for accounts paid to him will be a sufficient discharge. T ONDON AND LANCASHIRE ll*li SUEANCE COMPANY. PIRE BRANCH. Capital £1,000,000. Head Office — Livbrpooi. Insurance against loss by fire on every description of property effected at current rates. JOHNBTON k CO., Agents. FJVEKPOOL & LONDON & GLOBE Jj LNSUEANCE COMPANY. All classes of FIES RISKS in towD or country taken at current rates. EDWARD PEARCE, Agent. N KIH BRITISH AND MiSKCAA ui.S !NSUR4.NCh COMPANY' OF U »NDuN AND EDINBURGH. E.9TABLIBHED 130P Cap'Ta.l. £2,000,010. FIRB RBsBIVB ... „. £1,J)85J,7C8. THE uiidL^ifri.ed have baen appointed the Company's Agents, and are authorised ¦ issue against Fire on favorab'e terms. MUkkaY, COMM^ GO.. Agents. yIOTORIV INSURA-NUK COMPANY PIRE AND MARINE. R*TA»MBHBD 1849. CAPITAL £5500,000. Head Oi&c« : Melbourne. Insurance of every description effected ai lowest current rates, and claims promptly met. Losses can be made payable in any part of New Zealand or the Australian Colonies. LEVIN & CO., Agents. I MPEBIAL FIRE INSURANCE COM1 PANY. Establish bd 1803. Capital £1,600,000. Fire risks of ail classes in town and country accepted at lowest current rates. Prompt and liberal settlement of claims. Agents— KaOLL & CO.