Page 10 Advertisements Column 2

Lyttelton Times, Volume II, Issue 95, 30 October 1852, Page 10

THE NEW ZEALAND LOCAL i&nfcfaatfori CDompanp. Capital Jb 150,000, ONE-THIRD of which is reserved for New Zealand, leaving £100,000 to be raised in England by shares of £l. each, paid in full to the Bankers on allotment, whose receipt will be exchanged for the Company's CevtiliciUe. Power is reserved to apply for a Charter.with the consent of the majority of the contributors at any public meeting duly advertised in the London papers* to limit any* further liability. The fo'lowing gentlemen were appointed in October, 1851, at a public meeting of Settlers as the Local of Jftanagctncnt at prison. David Frazer, Esq. Samuel Stephens, Esq. . Charles Elliot, Esq. G. Sclanders, Esq. S. W. Saxton, Esq. W. T. L. Travers, Esq. Committee of tn Tontron. Hon. F.Tollemncbe, M.P. W. H. Burnand, Esq. John Collier, Esq. ? London Shipping Agent —Joseph Stayner, Esq., HO, Fenchurch-street. Agents at Nelson —Messrs. Morrison & Sclanders. „ Auckland — „ New Plymouth —Stephen Curtis, Esq. „ Wellington —H'm. Bowler, Son, & Co. „ Lytlelton —Cookson, Bowler, & Co. Otago—T. J. White & Co. Solicitor % Secretary —John Edwards, Esq., 39, Lothbury. Manager —W. H. Burnand, Esq. Offices —Sun Court, Cornhill. This undertaking is founded on the necessity of the pressing demands for a more perfect system of communication between the different Settlements on the shores of New Zealand, l»y the employment of suitable Iron Screw Steam Vessels adapted to navigate the waters from Auckland in the North, to Otago in the South, visiting in their course New Plymouth, Nelson, Wellington, and Canterbury weekly, and finally to connect their operations with the Australian Pacific Mail Steam Packet Company. On the completion of this, New Zealand will be brought into the most direct communication with the mother country and the rest of Europe. This Company starts with the hearty patronage of the entire British population throughout these Colonies, of the Govemor-in- Chief, the LieutenantGovernors, and the Rev. Bishop of New Zealand ; it is already assured of receiving the Local Mail Service, a bounty from each of the Local Legislatures, a portion of the fund to be applied for improving Steam Navigation from Nelson, already exceeding ,£12,000, all of which are resources independent of profits arising from passage, merchan- I dize, produce, or stock. Both Committees, witnessing on every point the present improved condition of New Zealand in all her important political and commercial features, after years of careful consideration devoted to the subject, conceive the time has arrived when they feel justified in recommending this to the public for their co-oper;ition, as a legitimate and profitable investment of capital, of great utility, and practically uniting several distant Settlements into one great Colony. The benefits this Company will confer are not limited to the Colonists as a mode of transfer; it will give increased value to every acre of lanil'byopening fresh markets, will stimulate commerce,. r;ip;dly advance civilization, and strengthen the hands of Government. It is.determined that the Settlement of Nelson according with the original design of her founders m 184.2, shall form the central station from whence hteam Navigation should radiate,—that after completing these arrangements for the Coast service .Steamers of another chiss shall be provided for rivers running far into the interior, and thus open iresh channels (or native and European productions • tiie effect of this policy will soon manifest itself and Jie Company will have the satisfaction of contributing a most important element to this Britain of the South. With these objects in view the Company intend to organize their plans to avoid further delay, and by prjii-ucal economy of time and means placed at their disposal, secure the confidence of their associates and a fair return for the iuvestmerr. London, May 24th, 1852. "The Colonies of New Zealand cannot he either useful or great until regular Steam communication is established between the Settlements, and •he valuable Coal fields placed at our disposal, within easy distance, are properly worked You must not think these matters out of my province, for, as long as I remain the only Bishop of a country as large as Great Britain, I am hound to use my bestonei-g.es to facilitate these undertakings, ; ,nd to awaken the Attention of every enlightened Chi- stian to help me, and by the blessing of God 1 will