PROSPECTUS PROSPECTUS OF UTHRIE AND LARNACH'S NEW ZEALAND TIMBER WOODWARE FACTORIES (LHv T.TED). Capital, £250,0"0, In 50,000 f.-liares of £5 each ; Deposit, payable on application, 10s. per sliarc j allotment C«dl, 10s. Pc shaiC. After which it is pvoposed to call up £2 per ■hare, in Bums of I<)3. each Call, at internal* of not less than three months, thus •xtending the total payments over a penc,<.. of one year rr .m date allotment. 20,000 shares, fully pa ; d lj, are ret: "by Messrs. Guthrie and Larnach (4 f |oo being allotted for the Goodwill of the and preliminary expens*s g£ flowing 1113 Company and the rem;: -ii. £ 1 •' ' -c—'2 s being fully paid up by them in ca-.-h). The remaining 30,000 shares ave r.Hbred to the public; 20,000 in New Zealand, and 10,000 reserved for the English and Australian markets, a number of which have already been bespoken from each of thoseplaces. Provisional Directors. Alexander Burt, Esq., of Messrs. A. and T. Burt, Dunedin James Robin, Esq., Carriage Ma.) factum-, Dunedin Robert Sparrow, Esq., Dunedin li-cn VV Dunedin Basil Sievwright, Esq., Solicitor, Dunedin. G. S. Brodrick, Shipping and Insurance • Agent, Dunedin "William Moody, Esq., Manager New^ Zealand Meat-Preserving Company, Kakanui lobert Ha worth, Esq., of Mes?rs. R. and T. Haworth, Merchants, Dunedin ■A. S. Gibbs, Esq., of Messrs. Gibbs and " < Clayton, Merchants, Dunedin : John Reid, Esq., Merchant, uckh ;id. Valuators a>'3 : A.-W. Morris, Esq.; C. H. -Street, and Edmund Smith, _ I 00. Valuators ron vrssEts: Captain Thomson, Harbor-Master Andrew M'Kinnon. Esq., ►jhipbuildev, Mayor of Port Chalmers Keitk Ramsay, Esq., Shipowner. Solicitors : Messrs. Sievwright and Stout. Eai-tkep-.s : The Bank of New Zealand and Branches. Brokers: Messrs. Connell and Moodie, Princes-s^eet, Dunedin J. B. Bradshaw, Esq., Princes-street,-l-uu- - edin. - = This Company is projected for the 3raiy:.. 3 of p*rchas?ng and thereafter carrying on Messrs. Guthrie and Larnach's well-known Woodwre Factories and their extensive importing Tirnbc.' r~>d Iron An aTC3T v sJ r it has been entered into with Menrs. Guthrie and Larnach to soil to the Company th" *' new Factories, together with all their clt? .• bu :l ui^j3 ? with the entire n: - chinerv, Irr-t. a*nlf.tcek of every description at the'."- '": 1 rot '-o-1; the whole of the freehold ml ?cr-:eho!d 1 rds held by the firm at present juarket value : r ul their useiul licet of Ceasing %'ersels, r. 1 o at present actual Talae, the new Coir.paay tr.' ing over all current.. agreements and mico-'plel 'd orders or contracts. (For the purpose of tns.-e Btkl all other valuations, the gentlemen respectively named he caiter have been ppponn. d by mutual agreement between Guthrie and Ls nacii and tiie Provisional Diivc.ors.) It has also been aiv.. nged that i>>e ne..~ Goupany shall take ovev the ent'.vc t'Cut? due to the t'im secured and unsecmod at but ■hall be cn'i'l. d to receive o") ...1 u'i- ecuved debts interest at the rate of S per cent, per annum from the i ywl c" stcc': is tr*.!;eii up to the dale of re'. 1 1 payment, av>d::i r lclition a coieii!' I'ln ov collecting of two a U a half per ce n t., Me? Guthrie r."'d I viuej. guaranteeing I tive r.~i7ount t- v~e unsecured debts to tie Company. The prudence of th:.=; arrangement will at obm be apparent when it it remembered t' -t the Company v'ius keep? in to ov:i Ir.'-ias the entire connection oc 'I'J retiring and thus prevents it 0- - c-u-r'miers frnni >. . r-i: subjected Co a pcswble out.i--.e jy.«.-" .y..;, v. - ceiving, icoivove:\ ;. c : t-v .o c - 1 - lection ol deb--"', "■ - "h i* '• ov."i f.... j? v £ b.a-cerswill-bs i: 1 ' 1 • eve: l:':e ;ilie v. xi. 1 coarse of bu.sj .. . v/tlliout cc t ll:e Coiiipany. By r eement between the Piovjsional Dirrclo and Mess:-s. Gutlnie and Luirvc!'. it ha: been arranged tint the value.iion o: the . .eehold and leasehold land" shell made »y Meoai's. A. W. r.lori C. IT. and l : . .-inund Smith, ac .ountaci .; !ev. ;u - tion of by C.."-)t."'.n Th--'- on (Ctajo Harbour Master), iJ;.my, F q. (shipowner), and Andrew 1 q. (..-hipowner, Poifc Chalmeis); and t'-tit t'i3 ret cost of bui'dings, pjL:at, irac!:iucry, and stock shr'l t3 accertaicd iio-n the book"? and rerc'ieis of the reining iivm by a Ccmmittes of Ihe Provf..*ou« 1 Dhceto* , a sivted by ••mpe'e" j aceor-? axit"- experl:-. F«ur thous id of the Oov!i'j) t ,- 1 -".'; thuveo, fully pa ; d vp. Jii-ve been agreed t-> .. o rllo". 1 to Me:>i& Gu'b.'e ai'd » !< ci, ; cosvdoration for the i' 1 <>•' tli<vi- vo* ■ ;-- muneraiive hu" T,r th",. i.ihlv-; ;i' emaelvM to pl.v f'l pi-'i'irnsiy cr ii r —ineluding bio* age, r lvei ti". : r ■< ' e., Lc. 'ii eonnectien with the £o..t - 11; v. ■ -Vtip :iy. Stock will be taken ; > czi laj d:: - tie Company enters f":to }\v~ a" J . :e I'ehl j te the fiim will 03 tr.kc:i over r.T iiom the same date. The timber bus: ac .£ h e:;.'.c;sivo., rnd may fairly be ca ; d to f>e t t':e Auafc"la:lan Col-pie.'. I i itli this branch of the'bus : i)- thei-o r.ve : uvei. 1 Bush Mi'ls, and a 1 rje licet li' co.: li'jg Yczatfa, employed in c. ;vying supplies for iae reouiiements of the as well i ~ open markelr. The luipo t, liou, and Hrrdw:re Tiv ' c ; of the f m :t :' o veiy e::'eT-ive. Tl;e • sereral at pre ont i-epvess'it a m-.: . valuable r d.-fa'po tent pr t of the r.. is trade, and tbe promoteis i'-el confide vh t r J they be most t-?ely and proii'ably e::tended. In the New Z .Jr-nl Woodwa' o. Fsitc.ies there are four d'o' dep. :t.ren' •. viz.:— Ist. bav."--rja'.'ing, c»d Mould ; ng Eacl-j". 2nd. Doov ;-lu3h Factory. Srd. Tr.'i Euc'.eet Factory. 4i!«. I V.vciva_e r.::d Turt ery The tiv.do c? " :-li of the e is e. of great and extension, and a." lul evi- - ~~ nroi-j /vrv?-l*vi- »"
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Bibliographic details
Oamaru Mail, Volume I, Issue 364, 23 June 1877, Page 4
Word Count
971Page 4 Advertisements Column 1 Oamaru Mail, Volume I, Issue 364, 23 June 1877, Page 4
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