Page 21 Advertisements Column 2

Otago Witness, Issue 1341, 11 August 1877, Page 21

PROSPECTUS. PROSPECTUS OF THE ]^TEW SHOTOVER TERRACE MINING JLI ! : AND SLUICING COMPANY (LIMITED.) ' — — - '- To be Incorporated under' the Joint Stock ! ' Companies Act. CAPITAL, £10,000, in lO.OOtf Shares of £1 each. . Payable as follows :— Deposit, 5s per Share with application ; 5s per Share on allotment ; the remaining 10s per Share to be called up. in sums of ; not more than Is per Share} at intervals • of notles3 than once a month, a3 occasion may require. ' ' , Provisional Directors: ; . D.,Proudfoot, Esq., ' Dunedin • John. Cargill, Esq., Dunedin S -T. M.,Hocken, Esq., Dunedin , • ! ' ' W. Barron, Esq.,- Dunedin- .*" ,M,, M ,- ?'; Malaghan, Esq., Queeastown | Wm. Mason, Esq., Qiieengtown | - W. M v Hodgkins, Esq., Dunedin ! Esq., Dunedin • i i 'Rl A. Low, -Esq., Dunedin. • S tTh'is Company ia formed for the purpose of working" the mine" and' valuable' 'water rights of the Shotover Terraoe Gold Mining Company, the assets of that Company having been transferred to Messrs G. W. Eliott, G. Turnbull; and T. S. Graham, to enable a new Company to be formed. Persons -desirous of subscribing for shares, or of obtaining further infprmatipn, ,'afe requested to apply before the 31sfc of August, 1877, when the list will be' closed, to' Mi W. HAWKINS, ' • ■ Princes street, Danedin. Or, to ' ■ r M. J. MALAGUAN, ..,.:. , tll au Merchant, Quecnstown. | ■ PROSPECTUS ' ' ' - | > ' •■ of iqiHE UNION FJRE AND MARINE 'I. INSURANCE COMPANY ; op ; : NEW ZEALAND, Capital : ' •■ " TWO MILLION POUNDS. STEALING, I ' Ik 100,000 Shake* oy, , % . On . w^ich it is proposed -to call up One ;Pourid per" Share; as follows, viz., 2s 6d per Share on application, _2s. 6d on allotment, and six further calls of 2s 6d,eaoh, at internals of Four .Months.' , '/', "V j„- ■ Provisional* Directors :'' s 'John Anderson, Esql ! ' < ' ;W. p. Carruthers, Esq.. (General Manager New Zealand Trust arid Loan Company). •JohnConnaT, Esq ; (Messrs /Edwards: Ben1 nett, afnd-Co.). ' ■'-' \. i 'x. ' P. Cunningham, Esq. (Messrs P. Cunning--nam and Co.). ' ' * < ' ' ■ [Andrew Duncan, Esq. (Messrs Duncan and . ; Son). . ', *■ w -"- - - 1 ;J: J." Fletcher, Esq. ' (Messrs Sclanders," j' ' Fletcher, and Co.). ' . ' lv Harper, Esq. M.H.R. (Messrs .Hanmer ! , r and Harper)., . |T. M.Has3al, Esq. (Messrs' MUes, Hassal, - | ■' and Co.). John Jlnglia, Esq:, (Messrs Mathesons' | -<. Agency). . , j , , jW. Montgomery, Esq., M.H.R. * H. P. Murray -Ay nsley, jJsq., M.H.R. | (Messrs Miles, Hassal, and Co.). J. Palmer,- Esqi (Chief Officer Union Bank i - of Australia). The Hon.,J. T. Peacock, M,L.C. jW. Reeves, Esq. G..G. Stead, Esq. (Messrs Royse, Stead, and 1 ■ Co.). John" Studhblme, Esq. , ' ,F, F jW. D. Wood,' Esq. (Messrs Wood, {Shand, | and Co.). • Bankers : ; UNION BANK OF AUSTRALIA. \ Solicitors : I Messrs Hanmer and Harper. i This Company is organised ia response to the wish, of a large number of capitalists, merchants, and others, who have already promised a considerable amount of support, and with the intent of offering to the general body of the public a farther opportunity of becomiog, as far as possible, their own insurers. ■ The increase of insurable property in this Colony has been so rapid that there is, ia the opinion of the promoters, ample scop© for the operations ;6f another Company. j |The Fire and Marine Insurance Companies already formed have, met with such great and unvarying success, that 1 it is quite unnecessary, to refer to tbe'.pfofitable nature of BU'ch undertakings, but it may be pointed out that this Colony is subject to natural conditions singularly favourable to insurance business. One of the most important considerations involved is the distribution of risks, which is., here secured through the division of population and, consequently, of insurable -property, amongst numerous centres as yet but sparsely occupied. The largo proportion of substantial buildings now being erected may also be noted as a feature favourable to the limitation of risks in this enterprise. »one of the most profitable branches of Marine Insurance is in interprovincial and intercolonial business, a large proportion of which the promoters have reason to rely upon. . , 'In the allotment of shares tho Provisional Directers will endeavour to secure an equitable distribution throughout the Colony, so> as to combine a powerful association of investors for the security of the assured,, together with persons likely to influence busiuess. ■Agencies will be opened throughout tftw Colony as speedily as possible, and local Director! appointed.