•THE NEW ZEALAND TANNING I J. AND LEATHER MANUFACTURING COMPANY (LIMITED). To be Incorporated under " The Joint Stock Companies Act, 1860." CAPITAL— £2O,OOO, IN 2000 SHAKES OP £10 EACH, WITH POWER TO INCREASE TO £50,000. PAYMENTS— IDs per Share on application ; 10a per Share on allotment ; And four calls of 20s per Share, payable on the second, third, fourth, and fifth month after allotment. No further call respecting the "balance to exceed 10s 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. . PROVISIONAL DIBEGTOES: J. Gutldford, Esq. | K. J. Duncan, Esq. Er>. Jackson, Esq. | K. Port, Esq. J. E. Evans, Esq. BANKERS: Bank op Australasia. .' SOLICITORS : Messrs. Boixer & Lewis. temporary offices: Featherston-street, Wellington. SECRETARY, PRO. TEM.: J. W. Ffrost. 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 of the Block, tools ,and machinery now in his possession), which is situated at Beramphore, near Newtown, within three miles of the city, and has been in working order for the past 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 uf 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 traae 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 us will secure for 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 snowing 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. 1 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. Ffhobt - Sec, pro, tern. $ ABRIDGED PKO3PELTCS OF THE "DAVENSCLIFF MINING COMPANY, JLV LIMITED. \ Registered and Incorporated under the Companies' Acts, 1862 end 1867, - with the liability of Shareholders limited to* the amount of the shares held by them. • Capital, £00 000; in 60 000 shares of £1 each. First issue, 40,000 shares, 2000 of which have been reserved for sale in the colony. Deposit, 5s per share ; 2$ to be paid on application, and 3s on allotment. Colls, if. and When required, to be mada at intervals of not less than three months. Representative in New Zealand : Charles Henkt Turnbk, Esq., Picton, Marlborough. TJhis Company, formed in London for the purpose' of working the property at Cape Jackson^ Queen Charlotte Sound, formerly owned by the Turner Gold Mining Company,' in conjunction with the Duryea Copper Mine, Yorke JPeninsu'a, South Australia) .having reserved Two Thousand Shares fdr. sale in this Colony out of iho fir«t issue of 40,000, the undersigned, as representative of the Company 'here, is prepared to receive early application for the' said shares. Work at the Mine at Cape Jackson has been .resumed some months past, and auriferous stone of a highly payable character is now available from threa different levels The recent discovery of rich stone in the adit or present lowest level is one which cannot be too highly estimated, pro. ing as it does that the auriferous deposit is not confined to the shallow ' ground. This level, when driven sufficiently far, will command 400 feet of backs. Prospectuses and Forms of Application for Shares may be obtained of Mes«rs. Ledger and Hickson, Custom Kou*e Quay, Wellington, who are authorised to receive Deposits, where also samples of stone lately broken our, plans of the different properties, and Articles of Association may be inspected. C. H. TURNER. A USTRALIAN MUTUAL PROVIDENT jtV . SOCIETY. E*TABI.ISUHD IN TRB YEAR 1849. For Life Assurance on tbe Mutual Principal. New Zealand Branch : HeadOfEco ... Wellington. Local Board of Directors : The Hon. C. J. Pharrzyn, M.L.C, Chairmau The Hon. Sir W. Fitzherbert, K.C.M.G. and M.H.R., Deputy-chairman' ¦ ' A de B. Brandon, Esq., M.H.K; George Hunter, Esq., M H.R., and The Hon. Morgan 8. Grace, M.D. and M.L.C. — — ¦ V '- Invested Funds ¦ ..'. ... £2,300,000 ' Annual. Income 550,000 Amount Assured ... '... 12,000,000 « Claims Paid «50,000 : - Policies hf Force .'., ... •'- '~-31,0u0' LAST YEAR OF THE QUINQUENNIUM. Sixth Divihion op Profits. The whole of the profits are dividod amongst the assured, and bonuses to the amount of £010,000 have al ™"iy beetf allotted. The last division of profits took place in 1874, and the cash , surplus then divided amounted to £5235,000, giving additions to policios averaging £3 per cent, por annum on the sum assured. The bonuses paid on policies becoming claims have varisd from £15 por cent, on the sum. assured for a policy ot five years' standing to £150 por cont. for one of twentyfive years' duration. Bonuses become vested addi;ious to policies when they have been full five years in force. The profits realised • during tho last five years will be ascertained and divided rs nt 31st December next, and all policies issued on or before that date will be entitled to participate iv the profits of quiuquinnium. Prospectuses, acxms o£ proposal, and all information may be obtaiu.-d from tbo Branch Office, _ Wellington, or from any of the Society's acents. ; .'. * EDWARD \Y. LOWE, Resident Secretary. TIT H • W . H . WA R RE N (Formerly of the- Treasury), AUCTIONEER, LASD k COMMIX ON A(iKNT, PRODUCE Beoker, Certipioatbd Accountant in Bank-. " ¦'• ' KDPTCT. ¦ <s-Mr» Warren invites an inspection of his Property Li-t. .FAMILY RESIDENCES (furnished) TO .. LET during the' session .SHARES- FOR SALE MOXEY TO LEND on FRE!£H >LD SEOURFTY Ofpicbs: ¦ • ' - - Chamber of Commerce. Lambton Quay. v PEGRUM AND MORHIS, .iniRPENTERi', JOINERS, VNrEHAj ' TAKERS, • Uppbr Willis-street asd Adelaidb Road. Repairs and Jobbing punctually attended to. Shop fittings on the -hortcst notice. funerals conducted 25 per cent, boloiv ?ny other house. Orders left with Mr. Walker, gunsmith, opposite Airailo TF practice tends towards perfection Huxley, 'fJL the 1 " tailor, has had immense practice in nrnaking fcjst tw«ed suits at £4 10*, and super1 fine black cloth suits at £5 10s. Army, navy, '/volunteer, poiice, and many other uniforms ho has made great quantities of the last twenty years^.gmaJl profit*. Terms cash. Manners- • street, "fWillis-streot, Lambton Quay, and Greytown. ' '* ' •
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Bibliographic details
Evening Post, Volume XVI, Issue 211, 5 September 1878, Page 4
Word Count
1,353Page 4 Advertisements Column 5 Evening Post, Volume XVI, Issue 211, 5 September 1878, Page 4
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