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Lata Advertisements. t \ EXCERPT FROM PROSPECTUS 1 Of the I HIIvURAKI FISHERIES AND ELECTRICAL POWER COMPABY (LIMITED). 3 6 To be Registered under " The Companies Act, 1882".* CAPITAL. « . £75,000, IN 75,000 SHAKES OP 41 EACH, Oi which 40,000 ate bow offered to the public, payable aa under: 2s Gd on application, 2s 6d on allotment, and the balance as may be required in calls (acceding is per sharo per month; but it is not expected that it will be - necessary -to call tip more than 10s per share. 15,000 {ally-paid-up shares are proposed to be allotted to the Vendors, on the basis <rf 1 a "il otll i ent ? f subscribed shares, and 20,000 to bo held in reserve--3 mi 1 iwSiij '!!? 9 fu £ l°u dividend oo -the shares allotted to them, until the ntu p.oliti of the Company shall be sufficient to pay a diridand at tha rate of £§ mr cehfc. . P" a,illum °n tho subscribed coital, which shall hm bem actually, paid. ' r _ - : PROVISIONAL DIRECTORS: W. H. P. BARBER (Dyer), Wellington. ?nMv^p°nni l -S to , I ? raffic Railways), Wellington. J°HiN PIIOUSE (Mwata Prouse Bros., Timber Merchants), Wellington. J. J. Iv. PQW bill; (Produce Merchant), Wellington. C. H.. TREADWELL (Solicitor), Wellington. With power to *dd to their number. Solicitors: Messrs STAFFORD, TREADWELL, k FIELD Engineers: Messrs PALMER & CO. ; Bankers; THE KATIONAL BANK OF SEW ZEALAND (LIMITED) 2 "roUec: . Mess " EDWARD REEVES & CO., Mercer street, Wellington. t Secretary,(pro tern.): F. B. FARMAR- • I . The Company is promoted chiefly' lor tho purposes of establishing and conducts ' • & ° P | r^ o: 'i ttnd •» Hikuraki (afso known as Beatrix B ay )PelS . oound, -and elsewhere m 3\ew Zealand, and tho Now Zealand nnrf n\>v ' , f markets mtir'fiuh, and for_ficquitiDg and selling' lands and esUWislang and operating 0 clcctrical power works at Hikiuaki, and for supplying electrical power to persons • and a corporations requiring the same. ■ 1 13 ana f . Wi 'f!?® V^,°" j¥ A - aa ' oplioft , io Puichaso'leasehold in perpetuity lands in respect of •/ • l Wbrokeu frontage of about 2i miles on the eastern, and 'ti 3k- P . fiMV i (depth wryfog from sto U fathoms, close to . • ?-,•[ o*-this about 200 acre.? is comparatively Hat and suitable for sites " 1 , 10, shipbuilding, manufactories, and Iramucss premises. There .aro also several admirable T T » ' } e ™Lo:s hold, a grant from the Crown of the right . - to construct a chancel by tunnel through the narrow neck of land (about' SBit wide) " T' n i T1X 1 f and and .thereby create a new and direct passage for . the tiual currents at present flowing into ami from tliat area of tho Pelonis Ivinc f throiif ifl V 't 110 » " l " d quostion ' a,IA to u*> the ebb and Sow of tho tidf t tnrougli the tunnel for the purcaso of generating electrical currents. Tlierc is certainjy no sperabtive element in. establishing fishing operations On a com- . 5 ?A re nSM-'°if? a r M -i Ula s n 10r 1 , #I H cl S of diot (both {r « s! ' '-nd cured) in the colony ■ 1 iJ f 110 proposal of tho promoters is to supply that market and . ' also export to Australia and elsewhere, as cirounistauce3 may warrant. ' , , To comply with the provisions of Sections 0 apd 15 of •< The'Comuanies Act, 1901," : I -J® following matters aro set out:—(1) It is proposed that the directors may proceed to ' th° allotment of shares on a uun.muin subscription of 25, shares, in which case' the ■ whole of tae objeeU of the Company shall be proceeded with: but in the event of mora Unjn 10000 .lures) oad of less thar shj ? , being L\Z ' i ° bject3 relating to tho acquisitionof land and the fl a h«ias industry shall be proceeded with until the Company otherwise doterirur.es. . Ihe amount payable on application for shaiej shall be 9s 6d per share and ' on allo.ment 5s 6d per share. (2) The number of.shares proposed to be fixed gs the . qualification of directors is 100. The remunewtion .of directors will ba fixed bv ths pimpivny in general meeting, (3) 15,000 fully paid-up shares are proposed to be t.ld • lo (he vendors hereinafter mentioned as tho'consideration for tho transfer of the bntion of purchass and grant hereinwtor reared to, on .the basis of a sabscription of 40,00)1 C shares, but if less than 40,000 subscribed shares shall be allotted, then the number of iuUv paid-up Ehares propos«l to be issued to tho vendors shall be proportionately roduced > Ao ihwu other than those will be issued to amv promoters. (4) Charles Herbsrt Read.-' wel! (solicitor) and Lenjamm Dawson, both of Wellington, are the holders of the option referred to in this prospectus which is to be transferred to the company. Tho nrice ta be paid to the owner (William Henry Harvey, of Pelohis, farmer) is £6000. They are olh ! he holders oHhe gi-ant from the Crown hereinbefore referred to, which is also transferred to tho Company, (a) The rate of commission to be paid lor procuring subscrintiou of shares is £o per centum on the subsenptwn. (6) Preliminary oxpenses to be borne,bv- ' , the Company, taccluumg brokerage, aro at £150.. (7) Contracts referred Win ■uteeetaon (K) of section 16 m (a) contract dated 15th May, 1903, William HenrJ H«vey withi Charles Herbert IreadweU; (b) grant da cd -lth July, 1002, the .Crowu to Chiles Herbert Treadwell and Benjamin Dwsoii; (c contract dated 17th July, 190-2, Charles Her- ' bert Treadwell and Benjamin JJawson with John Lewis Freeman, as trustee for th» Com . pany. Copies may be inspected at Messrs Stafford, Treadwell and Field's Offices Panama street, Wellington. ' It 19 claimed on behalf of this project that it is devoid of speculative features and " that a more legitimate and promising enterprise has never been placed before investors in this colony. Copies of Prospectus, containing particulars in detail, as required bv statute, including estimates of revenua and expenditure, and Memorandum' of Association; may bo obtained ' from the Company's Brokers.

a ' "jIyTONSTER EOOT SALE at Simon Bros. 1 , IVJL George street; lost few days; many lines at half usual prices. 30<iu J A DIES should see Miss dough's Windows J for Latest Work in Silks; lovely designs, in Oriental and Seville, , WITH Silk Fringe for trimming; and Newest Needlework of all Descriptions. Miss Plough, 44 George street. 27au /THEE LATEST.—M'LEAN'S Apple SAUCE. A ' Sold by all grocers. 22au ELEN E. BEVERIDGE, 3 George street. Opening cvgrthmhuk( Spring and Summer Novelties. - P ARISEN Millinery, Panama, Cassino, and Sailor Hats; Novelties in Collars, Laces, Blouses, Gloves, Belts, Dross Skirts, and Underskirts. 22au " TiffOKO, the Great Cough Cure.—For Coughs, , xYJL Bronchitis, Asthma, Difficulty of Breath- ' ing, acts like magic; Is 6d. " Tt/fIfOKO, the' Great Cough • Cine.—Obtainable . JLTjL _ Grocors'—Port Chalmers, Seacliff, ' Waikouaiti, Palmerston, Dunback, Hampden, . Malieno, Oaraara. " f TfyfOKO, the Great Cough Cure.—Obtainable ' IvjL Grocers'.—Duntroon. Waimate, Maki- _ kibi, St. Andrews, Timaru, Pleasant Point, s Temuka, Geraldine. ' feat Cough Cure.—Obtainable _ ItJL Grocerß—Orsri, Timvald, Aalibuiton, 8 Chertsey, Methven, Bakaia, and other districts. MOKO, the Great Cough Cure.—Obtainable Grocers'—Caversfiaifi, Green Island, " Mosgiel, Outran), Waihola, Taieri, Milton, Bal- . clutha. MOKO, tho Great Cough Coi».—Grocers'— Owaka, Clinton, Waiwera, Gore, Eden--0 dale, Mataura, Wyndham, Invercargill, Law- ' rence, Cromwoil. 29au : itudson & co/s porridge meal.JtJL Tho Cream of Wheat; most delicious breakfast dish. H~UDSON'S PORRIDGE MEAL.-The Cream of Wheat; easily digested and highly nutritious. HUDSON'S SELF-RAISING FLOtIR.Mado from specially-selected wheat; superior article for puddings, cakes, and pastry. ' , EMAND for HUDSON'S BISCUITS greater thaii ever; public appreciate . good article. No advance in price. NEWBURY'S RUSKS, made from malted grain, Specially iprofoicd, ate the Finest Food for Infants aiid Invalids. DELICIOUS Dishes can bo prepared from NEWBURY'S RUSKS, especially for thoso suffering from impaired digestion. 26au ERATTS POULTRY FOOD.-Wholesale Agency, Chas. W. White aud Co., Hahae sheet. CASTLE Brand Lacquers and Specialties.— Wholeaiilo Agency, Chas. W. White and Co., Manse street. 27au FBIWINES, for air classes of users.—Whole--i. sale, Chas. W. White and Co., Manse street. jHHAS. W. wIITETa)., Importers of Twines, Paper, etc., Manse street. Telephonk No. 991. YF you want Pratt's POULTRY FOOD, JL White and Co., Manse streat, will tell you where procure it. IF you want TWINES, ting up 691; wholesale ouly.-C. W. WHITE k CO., Manse street. 27au B BAGLEY <!: SON, Wholesale and Retail # Chemists. Head Establishment, 123 3 .George street, Dunedin. Established 1862. 1 '• STANDARD " COUGH CURE "for £3 .folds, Coughs, Bronchitis, Throat and s Luiig Troubles; it allays all irritation.—Bag- ■ * c -' - . " QTANDAKD " EMBROCATION.—An «- 3 temal Remedy for Sprains, Bruises, ; Rheumatism, Sciatica, Pleurisy, Cold in tho ' Chest.—Bagley. : " QTANDARD" OINTMENT, for Chilli? blains, Boils, Cuts, Diseases of the Skin. ' It has powerful h&tlihg properties.—Bagley. ; "QTANDARD " NERVINE, the bestHemedy O for Toothache, Neuralgia, etc.; Is.—B. ' Bagley aud Son, 12a George street. ; ■■ of cod kj LITER OHj—the very best; fre&hly ' mr.de every week—Bagley. Is Gd, 14s dozen. /CAUTION.—KindIy note that the Word V/ "STANDARD" is out Registered Trails ' BAGLEY k SON. ~ TJUB.LIC NOTICE.—A. Martmelli, Umbrella i Manufacturer, 18G George stieet, is now re- ' covering umbrellas from 2s fid, and r AS ws make a Specialty of Re-coteriiig, cus- . xa. tomets cail rely oh only FirSt-class Work- > manship. ~ TTIGHEST AWARDS N.Z. and S.S. ExhibiJ£X tion, IBS3-90i Cheapest Shbp iu town for ' tepaira.-A. MARTINELLI, lfll) George street. - VfENBTIAN Blinds, quality unequalled, ~ » paiutid any shade; durable tapes and s cords m great vanity. AR'i Holland filinus and [Spring Rollers fitted to shops and dwellings. Call and ® j infpeot our stock. 1 "ICiEPAinS promptly and thoroughly at- - JLI) tended to; Venetian, Blinds Renovated, e —fiCOTT & WILSON, St. Andrew street, Dim- ! 8»p

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19020830.2.100.6

Bibliographic details

Otago Daily Times, Issue 12445, 30 August 1902, Page 9

Word Count
1,573

Page 9 Advertisements Column 6 Otago Daily Times, Issue 12445, 30 August 1902, Page 9

Page 9 Advertisements Column 6 Otago Daily Times, Issue 12445, 30 August 1902, Page 9

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