Prospectus. THE CISBORNE GAS COMPANY [to be registered.] CAPITAL : £10,000, in 2,000 Shares of £5 each. Five Shillitigs per Share to be paid on application, and Five Shillings on allotment. Calls are not likely to be more than Five Shillings per Share, but shall not in any case exceed Ten Shillings per Share, nor occur at less intervals than One month. The Directors will bo empowered to receive Calls in advance, and allow interest at the rate of Six per centum per annum from the date of registration of the Company. DIRECTORS : William Adair Henky Boylan William Clarke Andrew Graham William Maude Joiin Hknry Stubbs William Henry Tucker Samuel Mason Wilson BANKERS : Bank of New Zealand. SECRETARY : Henry Haase. Offices : 4, Nasmith'b Buildings, Gladstone Road. THE promoters of this undertaking are fully impressed with the idea that the time has arrived for the profitable establishment of a company to provide the Borough with Gas. They are fortitied in their opinion by that of Mr. E. B. Parsons, of the Auckland Gau Co., Mr. J. R. George, of the Wellington Gas Co., and of other practical men. Some valuable statistics have also been obtained by personal canvass, which conclusively show that the proposed company's business will commence with a demand to the extent of at least 10,000 cubic feet per diem ; which will be a dividend-paying quantity. The Directors ha\e several sites under their consideration, the conditions of which are — suitable water frontages for shipping, with position for ready acceß3 to consumers. It is proposed to erect works suitable forthe mamifactureof Gas from Coal, and to have also the small additional plant necessary for utilising the Gas developed in the manufacture of Antifriction Grease and Paraffin from the mineral lately discovered in the South Pacific Petroleum Company's ground, the late experiments having proved its suitability as a Gas-making material. The development of this industry from the latter material may therefore become one of great importance to the district, and should satisfactory arrange* menta be made with the Directors of the South Pacific Petroleum Company, the Ga» necessarily evolved from the manipulation of the Paraffin mineral can be saved to the benefit of the consumers and laboring population. Forms of Application can be obtained from the Secretary, 4 Nasmith's Buildings, Gladstone Road, Gisborne, to whom applications for shares are required to be sent. FORM OF APPLICATION. To the Directors of the Gisborne Gas Company (to be registered). /H ENTLEMEN,— I request you to \JT allot me Shares in "The Gisborne Gas Company (Limited)." and I hereby agree to accept the same (or any less number that may be alloted to me), and I enclose the sum of £ being the required deposit of Five Shillings per Share. Na me Usual Signature Occupation Postal Address Date 342 Business Notices. NOTICE^ Continues to manufacture and sell at LOW PRICES, FOR CASH, mANKS, Baths, Spouting, Ridging, J_ Chimneys, Portable Furnaces with Copper Boilers, Wool Washing Crates, Washing Machines, Stencil Plates, Tubs, Buckets, Dishes, Milk-strainers, and All Descriptions of Tinware. ALSO, ON SALE,— Tinned and Enamelled Oval Boilers, Saucepans, Stewpans, Kettles, Fry Pans, Gridirons, Pie Dislies, Egg Beaters, Churns, &c. J. SfGLEY, TINSMITH AND PLUMBER, Sheet Iron Worker, Corner of Gladstone Road & Derby St., __ GISBORNE. a 744 FOX SALE. «>i\ CASES CRAWFORD'S XXX *^" ALE, quarts and pints. 25 Cases CRAWFORD'S STOFT, quarts and pints. 834 ANDW. GRAHAM & CO.
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Bibliographic details
Poverty Bay Herald, Volume VIII, Issue 1358, 28 June 1881, Page 1
Word Count
561Page 1 Advertisements Column 5 Poverty Bay Herald, Volume VIII, Issue 1358, 28 June 1881, Page 1
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