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Public Conow quoted at £1 10s ' '■ • ■ 1 shareholders, on whi- ' ' '..-; : ,j solely out of r«"erv. . . . ■-..' ■. -. js. making thft prcsen f ;: :;- . .■,. 1- ,na shares £11, or a r - In connectirn . . ,irofits sliown to 1ia ,,, . - ■ ■ - ■ ■■. ■ rio nn<\ Larnach's b' " ■: >■ ■• jiderably excoci'. (ha , .. ' ■ ~ ■ :... •in proportion I , - :' ' ,\. .re promoters haV'i .; r:. : ijot only will larK , ;. ,; - ' •; • • . .j Company, but th.- :• .. ' -'■■■ ■ ■■- t>. much nought- ■;■■■!" ':■■> be fully Identified ; • . .I: O f : of yearn as Managing '■'>■■ . y jtlcil skill and lnnif I ■ •-.!'.-. !, R-nll known; the high . .1 •!<. I ■ ;. ... has attained Under hii ! :,i■ 1: ■.-, -;:io!-_;„;,.;.'; .Ko measure of prosperity I "vl , :'.ii jyn , t. r ;: bn oipoctcd In tlio futiire ; :■■ a~• .-. ;,r<.'. ■ ' -,-,. .uthrie and partner-s faith 1 -ii !!•<• fit;-.:' -..r. '-ireets of tho concern, they nro ■ . .< >. , '■~.:: 1 • Jfth each, or equal to two-fifths ; ; '.'■'' :i'.~- ! 'al on their own private account, ■■■•■■ rrn . . : ;•_! l-.:,y paid-up shares. And as a further I j'.rO'i' ." '.hr-ir f: 'DUdenco in future prospectvof \ :'■"■ l.'.ii:.var,v. they bare decided ti guaranteo that '' ■ i"n:..[■,;:!>■'i "et proflts fo' the firs', three years •.:i :'., s-f.ul capital for the tlmo being employed i- "'•■■■ 1.':.,:nc23. or equal to a turn of about £j7,OC'O t'i jc rMd to the shareholders within three year:.. u'hey expect and boliovo tint tho profits •■.11! 'v-nildcrably exceed this rate, but investors will pi--.!!' ■. Hy way of further securing tho observance I r.i !li.j guarantee, the firm have agreed to deposit with th.' Directors of the Company scrip of the Company muing the first year of the value of £. r 'o,ooo, during the second yenr of £4«,f;00, and during the third yi-ar of £25,000, and to cieetito n legal charge upon the same in favour of thß Companv. Intending sHarcluilders may, therefore, rest a°sured that no moro legitimate or remunerative outlet for land. >r ° CC '' The reasoos which have Induced Messrs. Cuthrie and Larnach to take this step are— Ist That their term of partnership expires by efliuiionof time in the course otf af.w months, when active business. 2n<l. Xh.it the plint, m.iclilneryj ana general fippliiincnfl of the firm Rre now of a ctiftrictcr which opens up a largely extended and extremely profitable t^*iflp ( wlii<"h, Jiowuvcr, cilis for th 6 employment of nn extended capital. The valuation of tho freehold and leasehold lands, and net proflts realised during tho list four and a hnlf yejrs, taken from tho firm's book-, and certified by Messrs. A. W. Morris. C. 11. Street, and Edmund Smith, valuators and auditors, together with a. copy of the agreement entered into with the firm by the Provisional Directors, may be obtained by bona fide intending investors from tlie Brokers The Share List will close on TUESDAV, tho 31«t July, at 4 p.m., and, in making tho allotment the Provisional Directors will consider the order in which applications havo been made. ForniH of applications for shares can be obtained at Co-inell and Moodie, or J. B. Bradshaw, Brokers, Duntdin ; or of Alex. Saumlcrs, Esq.. Auckland, who is authorised to receive applications for shares. Dress and Fashion. A UTUMN AND WINTER TWEEDS. BANNOCKBURNS AND MOSGEILS. M. MURCHIE, In Opening out these NEW and SEASONABLE GOOD?, would call particular att ntioo to thei QUALITY, which is second to none imported ; while from his LAP.GK and VARIED STOCK, gentlemen can rely on a CHOICE of OLOTH unattainable elsewhere in tho Colony. M. MURCHIE, CLOTHIER, SHORTLAND-STKF. ET, Opposite Messrs. Arch.Clark and Son's Warehouse. TTUST BOUGHT AT AUCTION. TV 1000 yards New Dresses. GJd . worth Is. 6d. 1000 yards New Dressy (now shades), 7Jd., worth In. Cd. 1000 yards Grey and Brown Homespuns, 7id., worth Is. Gd. 1000 T3rdß Kxtrn. Quality stirtingß, new shades, Is. 3.1., iv.rth3s. Cd. 1003 yards Ginghams, 6d., worth Is. 1000 yards New Cambrics, dark grounds, ssd., worth Is. 500 yards Felt Carpets. 2«. 6d , worth 3s 6d. Kxtra nnality and width, Ss. fid., worth U. 61. 5 biles Blankets, full 10-4 siie, 14s. lid. per pair 250 gross Muttons, Is. lid. gross, worth 6s. KX 'SPIRIT OF THK DAWN.' G cases WINTER GOODS, comprising Whalebone, Kxtra Quality Fingering Yarn, Cut Ulankets, ard T. M. McLAG HLA N. Warehousemen. SHEKA OROTHERS (Late or .McAirmtJK, Shera & Co.)

U&vo taken tho Warehouse recently occupied t> y Whore they will conduct thn Bu>iuessof AyAUEHOUSEMEN AND (GENERAL (COMMISSION FIRST SHIPMENT, Consisting of QNE JJUNDRED AND r £"HIRTEEN JJALES AND QASES, PER 'COLUMBUS,' Which sailed on the 4th May. Other Shipments already advised to follow, PEK S.S. 'KENT' & 'SAM MENDEL, , Which sailed on tho 14th and 28th May, lespoctiToly. gHERA gROTHERS Are Agents for MESSRS. L. STKVENSON & SONS, Of London And Melbourne

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18770731.2.2.6

Bibliographic details

New Zealand Herald, Volume XIV, Issue 4900, 31 July 1877, Page 1

Word Count
751

Page 1 Advertisements Column 6 New Zealand Herald, Volume XIV, Issue 4900, 31 July 1877, Page 1

Page 1 Advertisements Column 6 New Zealand Herald, Volume XIV, Issue 4900, 31 July 1877, Page 1