Article image
Article image

P_n 0 s p-B-c :_tj? :.» . r .. . OF ;THBy A.„A vr rx wbl™&t6nmbiat prbsbrving AND^RBFkcJfiBATISGCOMPANY. _ .__ . 7 2 Ott^*?') Totaßepst^ea^,^^^ : Companies Aot, lo«w.. ......... ;' ? ,"T" .« '■■*>/*»• '■ • • Ik 6000 Sharks oif Lio Bach. With power to increase Payable-Ten- ShiUinga OP^|P£SSri Shillia R s ou.aUotment ; and S«^ e^ f byj.Calls net exceeamj? attte taw oi Shillinsfs per month per Sbare. ' pf^iinoT^ Directory. > - •The following gentlemen willyaet on tho CoS^ until tbe^pomtmenM ihe permanent Board by the Shareholders ,-rJohn T. Dalrymple, Esq,, Waitatapia. Cha^lKhhston, E^^MHSCMessrs ;..Jbbnswn;&iCo.). r . v „. ! Hon, Robert Campbell, M.L.U. W. Waring Taylor, Esq. J.JG, WilsonjEeq., M.H.RDonald Fraser, Esq. John McLennan, Esq. Oroua Downs Oharlea* Bl Isaril, Et»q . (Messrs Izard and Bell)- a?- „ , n . F.H. Krull, Esq. (Messrs Krull and Up; JoWph-Abbott, Esq. Wanganui J.'McMenameD, Esq. Terawhiti John Stevens; Eeq. (Messrs Stevens and ■'■ Gorton, Bulls) u_ lT James Smith, Esq. (Messrs Turnbnll, Smith, and Co.) Q, C. Murray, Esq. (Messrs Murray, Roberts, and Co) James Bull, Esq. Bulls A l . H. Miles, Esq. (Messrs Murray,; and Co.) John P. Russell, Esq. Wangai-Moana Alfred Matthews, Esq. Featherston Andrew, Young, Eeq. , E.J. Riddiford, Esq. * George Luxford, Esq. ','■".:' v F. J B. Larkworthy, Esq. Carnarvon J^s- * ' tate, Sanson ' ~ -i '2 ■ VWith power to add to 1 their number. ' : a ' Bankbbs; : TheJColonial Bank of New Zealand. "'' Somciiors. Messrs Izard and Bell. ;:l V; A JjNXBhIK SeCRBTARY. t JV y Henry Wright. Temporary Offices. Temple Chambers. 'All expenses m connection with floating the Company prior to registration to be borne by tbe Vendors. — ..... ... >v The objects with which tbis .Company is projected are: to^purohase, continue, and extend the. businesses of Messrs 3. and ;H. Barber' and Wobus, Crosbie, and Co., which have been so ! successfully carried on for many yeari past, ' consisting of six retail shops, meat preserving and boiling-down plant oomplete, paddooks, yards, horses, carts, and all. the appliances necessary for conducting the extensive bnsiness which now exists. - > A schedule of .the various properties used m thobnsiness is appended at foot, and the values having been ascertained by a competent independent raluator, and approved'by jtba Provisional Directow, it is proposed to Ske them over at the sum of L 18.789 6s yidie Schedule A, of which the proprietor** will retain m paid-up shares the sum of 1/12000, leaving the balance to be paid out of calls, and to bear interest at the rate of 8 ; ' per cent per annum; the payment to extend over a maximum period of five years, or to ; -be' reduced. by instalments of. nofc:less than; LlOOOeach, at any earlier date, iat the option j "of the Company. -; '" All book debts will be taken over as they now stand m the books, and they will bei guaranteed at 20s m the pound by the vendors. Live stock, tallow, hones, carts,: -and several smaller properties not already • valued,, vide Schedule B, Will be taken at a ' valuation on delivery: but all other articles and property of what kind soever will be deemed to be included m the valuation estimate of L 18.789 ss. *, C'TheObmpany-will-be registered as soon as L 25.000 has been subscribed for, m addition to the paid-up shares io be retaiued by the Vendors, and the shareholders will then be called together to elect a permanent Board ; and adopt Articles of Association. 'On the . Registration . of . . the Company, 'Messrs"' Barber will at their own con; tinne »nd complete tbe erection of a new slaughter .bouse at • Ngahauranga, and will ' remove there, from its present, position m - Willis-street; the whole ef their meat preserving macbinery anil plant. : '' y It is intended to take power m the Metno- : -randum of Associittion to /enter upon the , business of freezing meat for export, or to , amalgamate with any other Company, brib purchase any business established for that purpose, and. tb manufacture artificial manures or other products which may be con- .' aidered legitimate adjuncts to the business; -, but for the present, at. least, it is deemed ' prudent to rest satisfied with the knowb profits of the businesses t*s they stand, without embarking m more speculative ventures, and a 'it ia evident tbat the combination of the tt^ro establishments under oue management musi .. result m .increased profits and largely dimih- • v . ished expenses. 1 . ;'■ y The combined businesses" show a net profit ef over 15 per cent, and it .is confidently expected that when cdridncted under one 77... head.this maybe considerably exceeded, j *J y. Ax- The success which has attended the Gear Meat Company eihbe its: establishment as a pnblic Company, shows conclusively that such; businesses are more systematically and advantageously' worked aAd extended jin tbia way than by private enterprise ; and it is f or' this reason that ; Messrs Barber, and ■ . Woods, Crosbie and Company are willing to " ' sell xbeir 'respective business to a Company -' while still retaining a very large interest ;,:'' themselve,, ;and they have .agreed to .place v their ser*ives at.the disposal of the Company -. for such time as the Directors ' may require,: V and not 'to engage m any businesses m com- '•' 'petition with this Company. '■■■-•■-■ The resources of the Wellington district; m the way of sheep and cattle, are so large and increasing, and the demand for pre. - 'served' meats m England 'and elsewhere so ' much m excess of the supply, that a business of this kind is capable of almost infinite 'extension, and presents, to capitalists the opportunity of a safe and profitable investment,. whilßt to stockowners it affords the means of securing a fair value for their produce. ! The Directors have given their careful consideration to the proposed Company, and have lutd sub- ' 'imtted to them by their own valuator tlie detailed valiiriions of tlie various , properties '0 be taken over. They hcl they citn mth confidence recommend this undertaking to Hie Public as one which is entered upon on a fair basis, and, which promises to yield a handsome return on the capital invested, as well as by HfjTp extension of the business Jtddin7g to the material, prosperity of the City and, the . stockowners of the surrounding' ' districts. ' ''■'■■' •''• j ;( " The Authorised Brokers are :— ' Wellington— DEACON & BUSHELL y •:« ... : -r. ABTHUR y WAKBUB-y . i „ ; TON, & CO. .Wairarapa^- LOWES & IRONS, Masterton Wanganui-T-H. TILLY ' BuIIs— STEVENS & GORTON _ 1 Feilding— HALCOMßE & SHERWILL 'I Paimerstori— STEVENS & GORTON Foxton-THYNNE, \EINTON, & CO. From whom Prospectuses and all in* formation can be obtained, or from 72 f , HENRY WRIGHT, Interim Secretary, Temple Chambers, Valuable DrscoVßßr To» the Haib.— If yonr hair is turning grey or white, or falling off, use "The Mexican Hair Eenewer,' .£pr it/will positively restore m every case •Grey'or- White hairs ito its: oiignal colour,, without leaving tbe disagreeable smell of most'Eestorers.' Itmakes thehaircharmingly beautiful, as well as promoting the growth of hair on baid spots, where the glands are not decayed, "a sk your chemist for ' The Mexican Hairßenewer/ioldhj cUemiiti and perf anen

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18831022.2.33.1

Bibliographic details

Manawatu Standard, Volume 4, Issue 273, 22 October 1883, Page 4

Word Count
1,126

Page 4 Advertisements Column 1 Manawatu Standard, Volume 4, Issue 273, 22 October 1883, Page 4

Page 4 Advertisements Column 1 Manawatu Standard, Volume 4, Issue 273, 22 October 1883, Page 4