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PROSPECTUSES. PROSPECTUS ' OK-WJE ~ . ':■ ■'■!■''• T TNI(m STEAM SHIP: COMPANY Mj OF NEW ZEALAND (LIMITED).: ■'■;•' (To be incorporated, with Jiniitsd liability.under the Joint Stock Companies.Act, I SUO.) Caittat, ...... £250,000. ■-' Id 25,000 Shares of .tlO each, with power to increase and issue Debenture Stock. Only £4 iior Share to bo called up at present, pay:ible as follows :—loh per share on application ; 10s on allotment; 20s in three mouths after allotment, and the remaining 40s in calls of lO.s each succeeding three mouths. . ' , ■ • ■; .• j . , ritOVISTOXAIj DIRECTORS '. E. B. Carpi!, Esq...(M«s.srd Curgills and 31' Lean.) A. C.'Strode, Esq.,'U.M. . J.A. Walcott, Esq. (Messrs Bright' Brothers and Co.) P. O. Neill, Esq, (Messrs Xeill and Co.) ■W. J. M. Larnach, Esq. (National Bank.) John Richard Jones, Esq., Jlatanaka. . • ; J. 31. Ititchie, Esq. (Messrs G.Gray.Russell and Co.) .Tames Mills, Esq. ( jiarbour Steam Company.) James T. Slackerras, Esq. (Messrs J./iV Mdckcrros and Co.) ,•■..■■.- ..-.. . T. S Graham, Esq., (.Vrc3=rs Bing. Harris;'and'Co.) l ■ Arthur .W. Morris, Esq. (ptago and Southland Invest- ; incut Company.) , ... ; ■:•..; James Smith, Esq. (Messrs Sinilh.and. Anderson.) Henry Driver, Esq". (Messrs. Driver, Stewart, and Co.) Alexr. Burt, Esq. (Messrs A: and T. Burt) Charles M'Queen, Esq. (Messrs'Kineaid, M'Quceii, and Co.) ' .-..■•' H. P. Murray-Ayhsley, Esq. (Messrs -Miles and Co., Ohristchuroh.) ' : ..., : . . ... George Gould, Esq ; , Merchant, ChrLstchureh..; UAXKKH.S : ' National Bank of New Zealand. ' sbLicivoits: ■ '■•' '":' ■ Messi-s Smith and Anderson. , .:.. :' ; IXTHIUJI -SHCKOTAiIYi;." : - James Mills, Esq.,4t., ; This Company has beeii formed for the'purpoSe of pro-, riding more elflcientsteam communication between the different ports of New Zealand—tlie vwant of which Jias been felt for some time past, and -is beciomiugmore perceptible as the growing trade. Sofa the. Colony is developed. ■ ; ' : , . It is proposed to float the.shares principally in the Provinces of. Otago and Canterbury; as the class of enterprise is one in which they are specially interested, and rin which they h-rtie not hitherto occupied the position they are entitled to from" their large share in the trade of the Colony^ ' It is desired to establish a weekly line of' steamers between Otago and the principal Northern- Ports, to', put on a steamer between Dunedin and the West Coast Ports of the Middle Island, andialso to provide ; for the efficient.conduct of the trade.to and, from the. ■several smaller Ports on the Coast of Otago and Canterbury. For these purposes the'following new vessels will be required :— ■ " Three first class steamers for the trade between ■;■! Dunedin and Man itkau, to toe built, in Europe, ■ , i . and capable of carrying from* 400. to 500 tons . of cargo, fitted with compound engines and ,the latest iniprqvem-ntf,-and. with superior passengeraccorniußdation suited to therequ'rements of the present day. The steamers will be;of such a class nnd speed as will ensure every facility to shippers of goods and con veaienca to the travelling public. One boat' of smaller capacity and lis;hfc draught • ■ water, especially adapted to.the trade to the • ~., West Coast of the Middle.lslano. .., ..: . '.With a view to t ornnieneing operations without delay, it lias been arranged to 'ake over, ,on the Ist of January next, the steamers Maori, Beautiful Star, and Samson,'belonging to the Harbour Steam Company* .fleet, and also ■' their new steimer just built on the Clyde, specially for the^Timaru and- Lytteltdii trade, and which U expected to arrive in the Colony early in February. These vessels yill at once create, a revenue.. 1 orthe Company, and, it i<b»lieved, will.be sufficient, to carry on the trade" of the'ports on the coasts of Otßgo and Canterbury. •/■ ' : : ."'- ; The terms oh which it ha's been agreed to: take over the Harbour Company's plant are-exceedingly1 favourab.letq thisCompanyu-tlie .new boat is to'.t.e taken at .cost price, ,-and ' the■' Maori, .'Beautiful,, Star, 'and Samson, at a price '.to be arrived-at by a valua-. tibn of the boats, by'Mr Walcott,on.^behalf of this Company, Mr Mills on behalf !of Harbbur Company,' with Mr "A. W. Morris as' third valuator,1 and' to be .apreed to by the Provisional Directors, with a bonus added, equal to,.their estimated profits for threemonths, to be yeriiiedbv an examination, of the Coin-, pany> books by Messrs Walcott, Cargill, and Morris. This Company iwill receive an^imple equivalent for , the bbnuf so given, in taking possession at once.of a, well-established, and .'profitable business, and "securing all the benefits'of the Harbour Company's connection and experience.. :-.; -■•"••: •■•-' ■'' Mr James Mills, who has so successfully conducted the business o.f the Harbour Company, from its commencement, will continue to act as Manager of this .Company. •"■ . ...,..', ■;.•> .'.' ...'•■ -, ..-,. ~. • It is estimated that to carry- out these proposals a capital of £150i.0()0. will, be required, and to.provide for ,this it is proposed to call up £4 per share, making a'total of £199,000,'' and to borrow the remaining £50,000 on debentures bearing a 1-vw rate of interest; .This arrangement will enable larger, dividends .to be declared on the paid up capital. . ■ ..■■• .-■ ~:: , ; ~ Out; of, the;tota.l of shares,; the. proprietors .of the Harbo.ur. jCompany will take 7500 paid up to the: extent of .£4: ep-ch, and, the remaining 17,500 are now offeredto'inv'estors..' ; -.''. " ; . ". ; " Jlii recommencing this inv^estme-nt to the public, the ■Provisional-iDirectors may state that large profits are liowbeing'- made by steamers on the coast of ■ New, Zealand, and they are therefore confident that by the'einployment; of yesiiels of: the character indicated, fitted to work with.the utmost economy,'and meet.the growing traffic withput undue,stniin,*tlie. Comj)any will be able to secure aihpje profits,' and1 at the same time, promote tradp aiul the convenience of the travelling public, by providing improved facilities and accommodation at reduced fates.: : ... •.'•"■ . ; .Applications for Shares, will be'received by the In- ? terim Secretary, at ■ -his ■ office, Harbour: ChamberSv J)imedni.i ai)<l by Messrs Mile§and Co., Hereford street, Chrjstchurch. '.'.':... :.' ;- , 20n ;'[ ';'.■ '• ' .;.:' ..'..';'■;..■'. ;' ~■ . .■..■' '..;• ■■:-'! OK TUB. ...;.-:. •,.•■:■ •>"■ .:.'':■ , ■ TTPFER WAIKAIA GOLD-MINING \J- ■■■' , '■■ '• ■' company. ' •;-.;- '.■'_• ; ■ •"•■;■' • (To bo 'Registered' under the' Limited.Liability Acts.) 'CAPITAL, £4000, IN 2000 SHARES <3F £2 EACH, . fts.oiv^iipjication, C» on. allotment, four -Calls of 2s- C<Veach, .a( intervals of three mouths, if found necessary. v .. ■..■■ i : PiuavisiosAii DmECTORY: ■■ ■ ; •■.■"• J. Fi-KITCHING,- Esq.,' J;P ; , Moa'Flat Station. J. M.IJEISON, Esq.; >).P.-, MofeFJati ■„-. J. DUNCAN,;Esq., «f Duigan and Duncan,-Waikaia. A. MACDONALD,.Esq.; of Matheson. & Boyle^Vaikaia. D.-M;ATHESON;'Esq., Merchant,:Switzers. " " .. N.. ROSS,'Esq., StsAeKeeper, Upper Waikaia: * J.. M'LEOD, Ksiii,'of Potter and 'M'Leod, Waikaia. TjiO-M/VS CAMEKON; Esq., Koxbui-gh. >' '■■•>.-; . '.'':: Sbcretaby (pro tern.) : ' " ''■■• : JOHN A. GRANT; * ■ ' ■ • -■ ■' ■...■.'. - ■ -j.^-r ■ ■ "■-.'■' i,: :■'• '•■ '.-:•■. Offices:' ■■'■''■■ ■'.'■'■ ■- : I : T-BTIOT AND S WITZERS. ' . : Bankers: THE NA23ONAL BANK OF NEW ZEALATJD. ■ '■' '.'.'.''. , Bkokek.;: ,;.\. ;' - t ... \ J. B» BRADSHAW;' Esq., TempJe Chambairs.[ ' The.- richness of the . auriferous deposits, of ,t_he :Upi?er Waikaia'are so well known as hardly.}© re.quire 'comment. : "he' present Conipmy has begja formed. ;for the purpose of developing, 'byimprqvad methods' ianol increased' facilities, that valuable lead'which, le.yea worked under the gigantic ditftcultiojnnenwith- ; QwVcapital always encounter.has yielded fortunes to .' the prospectors. A large of. valuable ground ' has been placed at the, disposal of this ; rtjediateiy adjoining the richest claims,, the moderate ' i«-ice dehianded by the present holder*, being' entirely payable in paid-up and half paid-up,sh&nosi'.'■-' ' ' The estimated cost of.opening the^e cliiims is,i£9oo-; but as the tail-race will .pass through* auriferouggrouml for a considerable distance," it is confidently expectetl to repay the cost of its own uoustriggtiion. The ground once opened upi there i.s a lai-ge eiwugh area to afford proh'tablecinploymentfor the nest ten years; Hitherto the .yield in the lead has averaged1100 ounces to the' 12ft". x 15ft. paddock; but as tlse- claims offered ta this-. Company ure situated immediately below the junction of aiiothey auriferous feeder, it is. generally expected this yield wiil be largely exceeded. Th« Secetary and Broker shall hive'great pleasure in affording every information to lona fide iavestors. Applications for sha;es must 'be Kent"in to tbe Broker or Secretary on or before the-20th December next, accompanied with a deposit pi 5s on every share applied for. .'••'■ J. B. BRADSHAW, 20n '■'••■' Btoker. ," TO LET. OFFICES TO LET, Princes street, opposite National Bank. Apply, Wm, Brown and Co.. on the premises.. , ■ , 2o rpo LET, the YORK HOTEL, George JL street. Apply Wm. Kennedy. ' 250 mo LET.—Well-finished Private ReJL sideiice in "v"iew Terrace-, Dowling street—ll--rcoms, cellarage, and out-buildings complete. Apply to Messrs Gillies and Street; or Mr M.B. Muir, View street. , \ 20n O LET, a Four-stall Paved STABLE. Apply, Martin's Hotel, Stafford street. nno LET, Good Six-roomed House; JL Garden stocked with fruit and ornamental trees: Position unsurpassed. C. R. Bowmar, JUornington. Ground for pony if required. TO SOLICITORS, AGENTS, AND OTHERS IN QUEST OF OFFICES. TO LET OR LEA SI Desirable OFFICES in Manse street, with fireproof safe, above Messrs J. and A. Maclean. CONNELL & MOODIE, 150 Princes street. qr\ o l c T . A pleasantly situated 7-roomed Villa, with 1£ acres laud, lately in occupation of Alfred F, Oswin, Ssq.' • , For further particulars, Apply to CONNELL and MOODIE, 18n Estate Agents. m ole t , A really First-class HOTEL, doing a large and paying business. . ' Satisfactory reason can be given, for the house being in the market. Capital required not under £000. Apply, : . ■ '. 19n V W. and J. SCOULAR.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18731127.2.35.3

Bibliographic details

Otago Daily Times, Issue 3686, 27 November 1873, Page 5

Word Count
1,452

Page 5 Advertisements Column 3 Otago Daily Times, Issue 3686, 27 November 1873, Page 5

Page 5 Advertisements Column 3 Otago Daily Times, Issue 3686, 27 November 1873, Page 5

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