Page 4 Advertisements Column 4

Poverty Bay Herald, Volume XXXIV, Issue 11123, 24 July 1907, Page 4

PROSPECTUS OF THE LYNDA SOAP-MAKING AND TRADING COMPANY, LIMITED. CAPITAL: £5000 IN 5000 SHARES OF £1 EACH. PROPOSED DHIECTORS: JOHN MAYNARD, Gisborne, Butcher. GEORGE B. OMAN, Gisborne, Hotelkeeper. JOHN F. PETTIE, Gisborne, Merchant. ARTHUR SAWYER, Gisborne, Carter. TE KANI PERE, Gisborne, Settler. WILLIAM WEBB, Gisborne, Builder. GEORGE WILLIAMS^ Gisborne, Soap maker. MARTIN KIMBEL, Gisborne. Soap ' maker. . ■ ( ■ mHE OBJECTS for which the Company JL is proposed to be formed are : (a) To acquire by purchase the Soap Works,'. Plant, Land and Premises/and Business of Messrs Williams and Kimbel, at Kaiti, near Gisborne, known as the Lynda Soap^ Works; and (b) to develop and extend; the operations of the said business to j allied industries, as inore particularly set j out in the Memorandum of Association j of the Company, copy of which is an- i 'nexed. It is well known that large- profits are made from soap-making in this colony, and there is every reason to believe that with the capital proposed to be raised by this Company, a properly-equiped local t Soap Works will prove a profitable under- ' taking and add to the prosperity of the district. Lynda Soap nas always been of high quality, and has met with good sale. The Capital of the Company is £5000, divided into 5000 Shares of £1 each, with power to increase-,', 1300 are fully paid up and 3700 are contributing shares. Two thousand 7 (2000) Contributing Shares are now offered to tho Public for subscriptioh, to be paid as follows i-r On application 2s 6d per Share. On allotment, __*. 6d per Share. The balance by calls not exceeding 2s 6d per Share, at not less than ■' monthly intervals. . > The number and amount of Shares to be issued, as fully or partly paid up otherwise than in cash, is 1300 fully paid up, !' to be used and applied to the extent of 1000 for settling the balance of £1000 of purchase price payable to the vendors, and to the extent of ,300, or such less number as may be required," in satisfying i the charges incurred in the promotion of the Company. The minimum subscription on which the Directors niay proceed to allotment, is 2000 Contributing. Shares. ' The names and addresses of the Vendors of the property proposed to be acquired are GEORGE WILLIAMS and MARTIN KIMBEL, both of Gisborne, Soapmakers, both of whom aw proposed Directors? of the Company, and are, under the Agreement hereinafter mentioned, interested in the formation of. the Company, viz., George Williams 700 paid-up Shares, and Martin Kimbel 300 paid-up Shares, y The amount payable to the Vendors as purchase money, in the event of the said property being acquired, is £1500, including £100 as for goodwill of business, as set out in the Agreement for sale and purchase made between the said George Williams and Martin Kimbel of the one part, and George B. Oman, John F. Pettie, and Arthur Sawyer, three of the abovenamed Directors on behalf of the proposed Company, of xthe other part, dated the fifteenth day of June 1907, wliich Agreement, and also the Memorandum of Association, may be inspected at any time during business hours at the office of William Sievwright, Esq., Solicitor, Gisborne. The qualification of a Director. is the holding of not less than Fifteen Shares, either paid up or contributing. The preliminary expenses are estimated at £50* . ■ ' V * The amount of commission to be paid by the Comp,any to its Sharebrokers is. limited to 2^ per cent, on all Shares sold' by them which are allotted by the Directors. The Articles of Association with reference to the remuneration of Directors provide as follows: --The Directors shall be paid out of the funds of the Company^ by way of remuneration for their services, such sum or sums as the Company may from time to time fix at a General Meeting ; and such remuneration ,shall be divided amongst them in such proportions and roanner as the Directors may determine. . The Company's Memorandum of Association is to be read in connection with this Prospectus. Applications for Shares may be had from Messrs Williams and Kimbel, who will give receipts for deposits. All deposits of Shares will be returned in full if the 2000 Shares shall not be taken up. . This Prospectus has been filed with the Registrar, Dated at Gisborne this 18th day of June t 1907. - j. MAYNARD. G. B: OMAN. 5. TE KANI PERE. ARTHUR SAWYER. JOHN F: PETTIE. WILLIAM WEBB. G7 WILLIAMS. M. KIMBEL. 141 , "WHOLESALE JIAMILY Q.ROCER AND . PROVISION I^ERCHANTS, GIVE THE tiEST VALUE IN. town: '..,- PERSONAL. " P.EAR ! GILMORE, — Never tasted XJ better Tea than PLANTERS' CHOICE. ARCADIA is good, too. Every . Grocer should have them. — Joe Ward, Wellington." GREAYES' WAIMATA - QISBORNE QOACH i LEAVES QUINNIS STABLES, GisboT____s* - At 10- a.m. on TUESDAYS, THURSDAYS and SATURDAYS. Leaves Wahnata on MONDAYS, WEDNESDAYS, and FRIDAYS. Fares on Application. All* Orders or Parcels left at 'Quinn's Stables will receive proprietor's personal attention. ' ■■■ B. GREAVES, Proprietor,, 552 The Waimata Pioneer Coach. JBE WAIMATA— fl ISBORNE AIMATA— VnSBORNE MAIL f>OACH AIL U OACH ' LEAVES GISBORNE, 9.45 a.m., TUESDAYS, THURSDAYS, AND SATURDAYS, . I And WAIMATA on MONDAYS, WEDNESDAYS, AND FRffiAYS. REDUCTION IN FARES— Single 4s, Return 6s. TO TRADESMEN.^-To ensure prompt delivery, see that your parcels are sent where ihey can be obtained with settlers' mail. TO TRAVELLERS. — Bisset's Coach lands you at the Waimata Accommodation i House. J. & W. BISSET. 698 WOOL I . WOOL ! pASH BUYER OTwOOL k SKINS in any quantity. MATAWHERO WOOL WORKS. Matawhero. fnflEtt WILL OfiEER YOUR LOTPLANTERS' CHOICE Or ARCADIA TEA.