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Prospectus. THE CISBORNeTaI COMPANY [to be registered.] CAPITAL : £10,000, in 2,000 Shares of £5 each. Fiw ShiUin'js per Store to be paid on I 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 be 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 : i ■ m j William Adair Henry Boylan William Clarke Andrbw Graham William Maudb John Henry Stpbbs William Henry Tucker Samuel Mason Wilson BANKERS : Bank ok New Zealand. SECRETARY : Henry Haas*. OrncEa : 4, Nasmith's 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 fortified in their opinion by that of Mr. E. B. Parsons, of the Auckland Gas 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 hate several sites under their consideration, the conditions of which are— suitable water frontages for shipping, with position for ready access to consumers. It is proposed to erect works suitable for the manufacture of Gas from Coal, and to have also the Bmall 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 suita* bility 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* ments be made with the Directors of the South Pacific Petroleum Company, the Gas 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 I from the Secretary, 4 Nasmith's Buildings, Gladstone Road, Gisborne, to whwm applications for shares are required to be sent. FORM OF APPLICATION. To the Directors of thb Gisbobnb Gas Company (to be registered). r*\ ENTLEMEN,— I request you to VT 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. Name , « Umal Signature Occupation Postal Address Date 842 Business Notices. NOTICE. J. SiaLBY Continues to manufacture and sell at LOW PRICES, FOR CASH, TANKS, Baths, Spouting, Ridging, Chimneys, Portable Furnaces with Copper Boilers, Wool Washing Crates, Washing Machines, Stencil Plates, Tuba, Buckets, Dishes, Milk-strainers, and All Descriptions of Tinware. ALSO, ON SALE,— Tinned and Enamelled Oval Boilers, Saucepans, Stewpans, Kettles, Fry Pans, Gridirons, Pie Dishes, Egg Beaters, Churns, &c. J. SI~GLEY, TINSMITH AND PLUMBER, Sheet Iron Worker, Corner of Gladstone Road & Derby Si, GISBORNE. tfte GISBORNE BREWERY. rpHEabove business will be Re-openbd J- in a few weeks, at the NEW PREMISES now being erected at the corner of Aberdeen and Stanley Roads. For further particulars see future advertineI ment. 928

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH18810820.2.2.7

Bibliographic details

Poverty Bay Herald, Volume VIII, Issue 1404, 20 August 1881, Page 1

Word Count
581

Page 1 Advertisements Column 7 Poverty Bay Herald, Volume VIII, Issue 1404, 20 August 1881, Page 1

Page 1 Advertisements Column 7 Poverty Bay Herald, Volume VIII, Issue 1404, 20 August 1881, Page 1

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