Page 4 Advertisements Column 1

Evening Star, Issue 3831, 4 June 1875, Page 4

PKOE-i'"'US. PROSPECTUS OF THE ROYAL N EW ZEALAND POTTERY PANY (LIMITED). COMRegistered under the Joint Stock Companies Act, 1860, Capital £30,000 Ib 12,000 Shares of L2 10s each, of which 800 shares are already paid up, representing portions of the present capital of the Company. Five shillings per share to he paid on application, and 6s on allotment. A call of 5s per share to be made three mqnths after allotment, and no further call to exceed 5s per share, payable at intervals of not less than three months between each call. Provisional Directors : "W, A. MURRA i r , M.H.R., Glenore HENRY CLARKE, M.P.C., Tokomairiro JAMES GOOD ALL, Mayor of Milton ANDREW M'LAREN, Stock-dealer GEORGE OQOMBE, Settler JAMES ELDER BROWN, Settler JOSEPH MACK AY, Publisher R» W, CAPSTTCK, Auctioneer J« M. WATSON, Contractor PHILP, of Philp, Henderson, and Co. JOHN A. DuTHIE, of Capstick, Duthie, and Co. OEOR * E WILSON, Timber Merchant JAMES FINCH, Farmer J. L. SOUTTER, Merchant JOHN M'FARLANE, Farmer Wangaloa THOMAS MURRAY, Farmer, Glenore With power to add to their number. Bankebs * NATIONAL BANK OF NEW ZEALAND. Solicitor : DONALD HELD, ESQ. Manager ; MR JOHN CHETHAM. Agent for Dunedin : M. W. HAWKINS. The name of the Company is the New Zea land Royal Pottery Company. The Registered Office of the Company is to 'be established in the township of Milton, in the Province of Otago. ’ The objects for which the Company is estah lished are for the purposes of manufacturing and selling all kinds of China. Printed? Fainted, and Enamel Earthenware ; also, every description of Salt Glaze Stone Pipes, Chimney Tops. Sewer Pans, Fire Bricks, Tesselated Pavements, and Telegraph Insulators, and to do all things the Company, from time to time, consider to be incidental or conducive to the attainment of its objects, or otherwise for its benefit. The Liabilities of the Shareholders are Limited. ■ The Nominal Capital of the Company is L 30,000, divided into 12,000 Shares at L2 10s fcaoh. rpi MIE success which has attended the csti X blishment of the Mosgiel Woollen Fac tory under the provisions of the Joint Stoc] Companies Act, and the greater f .cilities am extent to which such undei takings can be con ducted by a Company as compared with a pri Irate individual, has led to the project of th formation of a Company, with a view to th purchase of the Tokomairiro Pottery Works now owned by Mr W M. White, and conduct ing the manufacture of Pottery and Earthen Ware upon a scale somewhat commensurat , .with the large market presented in NewZealan. and the other Austra'ian Colonies, this bein' the only Pottery Work established in th Southern Hemisphere. The present works were commenced by M W. M. White about a year ago, since svhicl time he has disposed of over L 3,000 worth o Salt Glaze Pipes alone, the market for whicl is steadily on the increase, and bevond the pre sent producing powers of the establishment During this period Mr White hr s also devote, a^ considerable porti n of his time and atten Hon to the preparation of the necessary build ings and plant for the manufacture of al classes of Staffordshire Pottery Ware upoi the most approved principles and latest im provements in machinery used in Staffordshire and recognised as the best and most economica in the world. The property is situated in th. centre ef Milton Mr W. M. White has now ready for markei large supplies of saleable articles for genera and domestic purposes. The present time is therefore, considered by the projectors of thii Company the most favorable opportunity foi entering upon the possession of the works, anc pushing the manufacture and sale of Pottery ware in this and the adjoining ('olohies. At estimate of the nature and extent of the avail able market may be arrived at from the fad that the value of such imports into New Zea land alone for the year ending December lasi amounted to L 70,000, of which Otago alone imported L 22,000 worth of potteryware. The promoters have every confidence thaf they will be enabled to supply the whole Colonial market with any article in potteryware, at a figure sufficiently low to compete successfully with the Home article, while securing a margin of profit to the Company, who have secured the services, as manager, of Mr Chetham, for thirty years proprietor of one of the largest English Potteries, and practically acquainted with the various processes adopted in every branch of the trade. The services of the present staff of over thirty thoroughly experienced hands—brought from the Staffordshire potteries direct, and now engaged upon the works, have also been obtained. The projectors have agreed with Mr W. M. White to take over the Freehold Property, consisting of Three Acres of Land surrounding the present centrally situated Works (secured with a -dew to their future development), and the largo and substantial buildings, with plant and stock, at a valuation estimated at, or about L 7.000, including the General Governmen’ bonus of L3OO. The amount of goodwill esti mated at L 2,000, Mr White has resolved to - vest in the Company in paid-up shares to at amount, so confident is he in the bona /ides o the under taking in the hands of a public Com Tl ™ Rejectors have also secured from Mr White his right obtained from tire Genera Government to remove clay from the lauds adjoining the line of railway between Tokomairiro and the J lutha, which clay is allowed, by competent judges, to be ecpial to any found in England for manufacturing purposes. The Government are now forming a siding to these clay pits, which are inexhaustible. The projected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will be in railway communication with he raw material, with unlimited and cheap coal supplies, and with a port of shipment; as also with the metropolis and the larger townships of the Province likely to form good markets for suppUes. The projectors appeal for support with every confidence to the residents of Tokomairiro and the settlers of the County of Bruce generally aa the establishment of this industry has already tended greatly to develop the resources of the district in opening up clay and coal mines, employing a large amount of outside labor in procuring and carting timber, coal, and clay supplies ; while the recent unexampled prosperity Of the township of Milton has been greatly advanced by the presence in its midst of the large number of employes—men, women, and children—engaged upon the works, and which would be greatly increased by a larger pioprietary possessed of increased capital to carry on the works to every advantage. The promoters also confidently the enterprise un.ter the notice 0 f the general public of Otago, as it is a well-known fact that nothing so tends to ad vance the prosperity of a country as the establishment of local industries within its borders, thus preventing the export of capital from the Colony for supplus of everyday requirements. Apart from these considerations, the enterprise of itself promises to be an amply remunerative and successful one. The projectors, having given the matter in all its ftspeots every consideration, have great pleaPkptog.the Company in the market trellevo it will prove in every way worthy public confidence and co-operative support. Jjonnsof application maybe obtained from Dunedin. ’ * ’° T GEORGE CAPSTICK. It twins Secretary