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In: Bankruptcy IX Till-; SUPREME COURT OF NEW i ZEALAND, WELLINGTON- DISTRICT. IN THE MATTER OF THE DEBTORS AND CREDITORS ACT, 1870, Aud In the matter of JOHN READ, a Debtor. qpHIS is to notify that the-above-named X John Head .vill, on FRIDAY the 23rd day of AUGUST, IS7B, or so soon hereafter as counsel cm be heard, make application to the Supreme Court of New Zealand at Wellington for ah'immediate order of discharge. : Dated this oth day of August, 1878. ■ K. S. OHKESMAN, Solicitor for the debtor. Star Chambers, Wellington. Prospectus rnHE NEW ZEALAND TANNING ; X AND LEATHER MANUFACTURING COMPANY (LIMITED). * To be Incorporated under “The Joint Stock . Companies Act, I 860.” C t vm’AL—£2o,ooo in 2000 Shakes of £lO 32acu, With Power to Increase to £50,000. X'aymbsts— pur Share on application,; 10s. per Share on l allotment ; and four calls of 20s. per Share, payable on the second, third, fourth, and fifth month after allotment. No further call’ respecting the balance to exceed 10s. per share, or be made at shorter intervals than two months from the date of the one preceding.. Tt is only proposed to call up half the capital, in order that practical operations can be commenced iu January, 1879. Provisional Directors,: J. Guilford, Esq., R. J. Duncan, Esq, ... Ed. Jackson, Escp, R, Port, Esq., J. E. Evans, Esq. ’ - Bankers: .r : Bank of Australasia. Solicitors: , . •- • Messrs. Buller aud Lewis. Temporary Offices: Eeatherston-st tee t, Welliug tun. ■ ’ Secretary' pro. tem.: J. W. Efrost. This Company is'proposod for the purpose of taking over as a “ going concern,” aud continuing the working upon a very much/enlarged, scale of the : Tanning business, situate adjacent:to the City.of Wellington, ami known as fche property of Mr. J, Guilford (together : withtho wholeof the stock, tools, aud machinery now iu his possession), which is situated at Beramphore, near Newtown, within three milea of the city, and. has been iu working .order for.the past seven years. The present proprietor, has during that time been extensively manufacturing . shoemakers' and saddlers’ leathers, and now finds- the demand so great that increased faculties are necessary to meet the demand ; aud being convinced, after several years of practical operations, that a Company with capital introducing tho necessary machinery and skilled labor, will be able to command a trade second-to none in New Zealand. The agreement , with the vendor ,is to take the whole of tlie plant at a valuation, estimated to c.ime to in all about £4OOO, £IOOO of which amount will be taken by him iu paid up shares. Tho property consists of one acre of laud, a new 10-H.P. engine and rolling gear complete, drying and scouring sheds, .and about 30 excellently built pits, giving every facility for extensiv’o operations; approached by a good macadamised road, and easy of access. 'During the : last few years' im enormous demand has sprung up for all kinds of leather, the supply both for the export and ,New Zealand trade being altogether inadequate to meet requirements, hence great delay and consequent loss to the consumer is constantly arising. It is therefore intended, as *oou as the Company is fairly floated, to lay dowu such increased stock and appliances as will meet these requirements, and to adopt such means as will secure-for the Company’s leather the first reputation throughout the whole of New Zealand. . •. , , The business will be carried on by Mr. J. Guilford’ until the Company enters into possession,- i and satisfactory arrangements can be made with . that gentleman for his valuable services in connection with the active management of the Company. Tho Provisional Directors have not thought it advisable or necessary tojJrepare any elaborate statements of figures showing probable profit—the fact is well known to all, that such a business, even moderately well managed, is bound to pay very handsomely ; and, when practical experience is combined with large capital, as it will be iu this case, the Company should prove an investment second to none iu the colony. A large proportion of the capital has already been taken up by those interested in the Leather trade. Early applications are therefore requested, Prospectus and Forms of Application fur Shares may be obtained from the Bankers, any of the Directors, or at the temporary offices of the Company, Featherstou-street,-"Wellington. J. W. FFROST, . Secretary urn. tem. Money ON E Y T O LE N D on Freehold Security. O. P. POWLES, Hnnter-streei ONEY TO LEND on first-class freehold security—£sooo, £750, £SOO, £loo.—Apply to ,/;'" S. CARROLL, Lambfon-ouay , Business Notices . M a C R E D I E, Geneual and Fuunishinci ; IRONMO N G E R, LAWBION-IJUAY (Opposite the Theatre Royal), Begs to intimate to hie customers and others that his GREAT CLEARING SALE can now ONLY LAST for a SHORT TIME, as tho alterations to his new premises are being rapidly proceeded with, ; THE PUBLIC ‘ should not lose this opportunity of FURNISHING at a GREAT REDUCTION from tho ordinary prices., BUILDERS ;& OTHERS will tied it to their advantage to procure their requirements during tin's Sale. Every article in the "trade to be obtained, aud guaranteed *o£ tho boat .quality. As a further guarantee, M. M. will only state that those who have patronised Ilia sale show their appreciation of the quality aud priep.by returning for fresh supplies. ■ A LARGE ASSORTMENT OF MANTELPIECES, Slate and Marble, very ’ , , cheap,' COLONIAL OVENS, KITCHEN RANGES, and REGISTER GRATES, equally “ ' cheap. - ! i i TABLE aiid' POCKET CUTLERY, ELEC-TRO-PLATE WARE, KEROSENE LAMPS, &e., Ac., All at the Lowest Possible Pmces. E. WAUGH’S CELEBRATED B A K IN G POWDER IS THE BEST. : To bo had retail from all respectable Storekeepers throughout the colony, and wholesale from ' ' ' - WILLIAM DAVIES, ' Solis' PuOTiiiETOit and Manui’Aon : ituii, ‘ Guulboum, N.S.W.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18780810.2.21.1

Bibliographic details

New Zealand Times, Volume XXXIII, Issue 5420, 10 August 1878, Page 3

Word Count
946

Page 3 Advertisements Column 1 New Zealand Times, Volume XXXIII, Issue 5420, 10 August 1878, Page 3

Page 3 Advertisements Column 1 New Zealand Times, Volume XXXIII, Issue 5420, 10 August 1878, Page 3

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