Page 8 Advertisements Column 3

New Zealand Herald, Volume XXV, Issue 9187, 17 October 1888, Page 8

Public Companies. to applicants likely to become constituents, to dispose in other colonies any shares not applied for of the reservations for each colony, and also from time to time to issue, upon such terms as they may deem advisable, shares to customers. It is also intended to offer the whole or a portion of the next issue in London. Profits.— Tho articles provide that the net profits after providing for maintenance of a reasonable current balance and reserve fund, will be apportioned yearly upon the following basis : — (a) In providing for a dividend not exceeding the rate of eight pounds per cent, per annum upon the paid-up capital. (b) An appropriation at a rate not exceeding 2 per cent, per annum on such capital to a special fund for oqualisiug dividends, provided always that no such appropriation shall be made whenever the said fund shall stand with tho sum of one hundred thousand pounds to tho credit thereof. (c) One-half of the balance shall be distributed amongst the shareholders by way of bonus or additional dividend, and the other half shall be divided amongst the constituents of tho company being shareholders in proportion to the amount ot profit accruing to tho company from thesv respective transactions with the company during the preceding year. Powers.—Tho memorandum and articles of association will enable the company to acquire any similar business already established, and the provisional directors have already in view the acquisition on favourable terms of three such businesses carrying first-class connections. Powers will also be taken for tho company to act as trustees, executors, ami agents of estates which include pastoral and agricultural properties. The memorandum of association is published herewith, and the articles of association can be inspected at the office of the solicitors of tho company, Messrs. Allen and Allen, Phillip-street, Sydney, New South Wales ; Messrs. Cuthbert, Hamilton, and Wynne, Collins-street West, Melbourne, Victoria; Messrs. G. and J. Downer, Central Chambers, King William-street, Adelaide, South Australia; Messrs. MaedonaldPaterson, Fitzgerald, and Hawthorn, Brisbano, Queensland. Able and experienced management in each department will be secured, and all appointments will be made by the directors after the floating of the company. In the formation of the company no promoters' shares will bo issued. The cost of registration, law, brokeiage, printing, and sundry preliminary expenses will, however, be made a first chargo upon the funds of the company. Already a large number of influential stationholders in each colony have promised to send and to influence business to the company, and many have intimated their intention of becoming largo shareholders. Shares will be allotted, as far as practicable, according to priority of application, and as may bo considered most conducive to promote the best interests of the company. Applications will be received by the brokers named herein for the different colonies, and the share list will closo simultaneously in each place. THE PASTORAL, FINANCE, TRUST, AND AGENCY COMPANY OF AUSTRALASIA (LIMITED). Form of Application tor Shares, jo Messrs. Acland, Barnes, * Co., Brokers for New Zealand. Gentlemen,— I hereby request you will allot mo Shares in the above company, and enclose you the sum of . being the application call upon shares : and I agree to accept the same or any less number that may be alloted to me, and situ the articles and memorandum of association when called upon to do. Dated at , this day of ,IS . Name in full ........_.... Full postal address Signature Forms of Prospectus and Application Forms ma be obtained from ACLAND, BARNES, & CO., 174, HEREFORD-STREET, CHRISTCHL'KCH. PROSPECTUS OF THE NEW MOANATAIRI GOLD MINING COMPANY, (LIMITED. To be registered under tho Companies Act, ISS2. Capital .. £25,000, in 50,000 Shares of 10a each. PROVISIONAL DIRECTORS : Messrs. J. McCosh Clauk. Charles l>. Sto.ne John M. Alexander, Joski-h L. Wilson, and C. C. McMillan. These SHARES .ire now offered to the public on the following terms, viz.: Sixpence per Share on application. Sixpence per Share on allotment, and the balance as required, in calls of Sixpence per Share, at intervals oi not less than ono month. The object, of the Company is to purchase the Moanatairi Company's property at the Thames for the sum of £2025, and such further sum, not exceeding the sain of itinOO, its may be required to pay all the liabilities (including cost of liquidation) of that Company, under the terms of an agreement dated the 27th September, ISSb, and made between the Moanatairi Cold Mining Company, Registered, of the one part ; and Francis Angus White, on behalf of tho intended Company, of the other part; and to provido funds to prospect the Mine and work the same. The Mine consists of 71 acre?, 3 roods, 23 perches, held by Licenses under the Mining Districts Act, and comprises some of the richest ground hitherto worked at the Thames Goldticld, having yielded 141,5680zs of melted gold, out of which £121,807 ha., been paid in dividends. The prospects before the Company are such as to warrant the belief that in no distant date other deposits, equally rich, will bu discovered, more especially on th« boundary of tho Cambria Mine. The Company's 40-stamp Battery, situated on the Thames foreshore, at the mouth of the Moanatairi Tunnel, is the tinest on the goldtield, and can be driven hy either steam or water power. Applications for shares, accompanied by a deposit of Sixpence per Share, will be received by the members of the Auckland and Thames Krokers' Associations, or by tho Secretary, Mr. K. A. White, S3, Queen-street, Auckland, up to the 20th day of October, 18S8. Unless 25,000 Sharee are applied for no allotment shall be made. Shares applied for by old shareholders will bo allotted tirst. The Works recommended to be carried on are as follows :- Ist.—Cambria Section : To open up the Mine on the Cambria boundary. It is confidently expected that before lung we shall pick up the Cambria run of Koki, which, if anyD thing like the patch discovered on the same reef in their mine, will prove highly remunerative to shareholders, as wei] as give sufficient funds to thoroughly prospect other portions of this extensive property 2nd.—Tunnel Portion : To erect the Ingersoll Rock Drill Machine, lay thd pipes, Ac, up the Moanatairi Tunnel, and connect the tunnel with that portion of this Company's property known a.s the Point Russell and Golden Age licensed holdings. The reefs in those claims have yieldea good results on the upper levels, and are known to contain a. large quantity of payable quartz which can be worked from tue tunnel level at a cost which ought to yield a good profit. 3rd.—Surface Portion : To put up a rise from tho Moanatairi Tunnel at the western boundary of the Mine, and run the whole surface through the Battery. The results of woruing the surface of the Kuranui in this manner leads to the belief that from this source alone good results will be obtained. Commission Agents. FL. PRIME, House and Land Agents, ,» Office : No. 25, Insurance Company's Buildings, Queen-street. TJ ENRY TTpLLIOTT, RECEIVING & FORWARDING AGENT, STEVEDORE, A.ND Marine Surveyor to the New York Shipmasters' Association. QUEEN-STREET WHARF. George Sibbin, VALUATOR, COMMISSION. LAND, AND GENERAL AGENT, STAR BUILDINGS, FORT-STREET. Telephone, No. 417. ~\J ORPETH BROTHERS, RECEIVING, FORWARDING AND GENERAL AGENTS, LICENSED CUSTOMS AGENTS, LICENSED CUSTOMS CARTERS, QUEEN-STREET WHARF, AUCKLAND. T> UTC HE R & po, FORT-STREET RECEIVING AND FORWARDING AGENTS. FURNITURE REMOVED. Experienced and careful men sent'to take down furniture, pictures, &c, pack the same for long or short journeys. Spring Vans and Covered Waggons for hire on most reasonable terms. Goods stored and insured at low rates. Consignments received aud sold by private treaty. Prompt settlements. X "ptWARDS, COAL MERCHANT, SHIP AGENT, BAY OF ISLANDS, NEWCASTLE, AND TAU PIRI COAL, IN ANY QUANTITY. Office and Yard : Breakwater, directly opposite Bail way Station.