Page 4 Advertisements Column 3

Poverty Bay Herald, Volume XXXIV, Issue 11127, 29 July 1907, Page 4

_—_»_—__»__»»_»■»■_— _____% V»i ■_■—__! PROSPECTUS OF THE LYNDA SOAP-MAKING AND TRADING COMPANY, LIMITED. i CAPITAL: £6000 IN 5000 SHARES OF £1 EACH. ; PROPOSED DIRECTORS: ■ JOHN MAYNARD, Gisborne, Butcher. GEORGE B. OMAN, Gisborne, Hotelkeeper. , JOHN F. PETTIE, Gisborne, Merchant. ARTHUR SAWYER, Gisborne, Carter. > TE KANT PERE, Gisborne, Settler. ' WILLIAM WEBB, Gisborne, Builde'r. GEORGE WILLIAMS* Gisborne, Soap- . maker. •- MARTIN KIMBEL, Gisborne. Soap- ■ maker. . THE OBJECTS for which the Company is proposed to be formed ure: (a). , I 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 , tlie operations of the said' business to allied industries, as more particularly set out in the Memorandum of Association ', of the Company, copy of which is annexed. It is well known that large profits are ; [ made from soap-making in this colony, , and there is every reason to believe that 1 with the capital proposed to be raised by [ this Company, a properly -equiped local Soap Works will prove a profitable undertaking and add to the prosperity of the I 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 (2000) Contributing Shares are now offered to the Public for subscription, to be paid as follows: — On application, 28 6d per Share. On allotment, 2s 6d per. Share. The bajance by calls not excepting 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 130p 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 the charges incurred in the promotion of -. the Company.^ The minimum subscription on which the Directors may proceed: tr allotment is 2000 Contributing Shares. The names and addresses o» die Vendors' of the -property proposed to be acquired are GEORGE WILLIAMS and MARTIN KIMBEL, both of Gisborne, Soapmakers, •both of whom are 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 Martm Kimbel 300. paid-up Shares. The amount payable to the Vendors bb 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 the other part, dated the fifteenth day of June, 1907, which 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. The amount of commission to be paid by the Company 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 suqh remuneration shall be divided amongst them in such proportions and manner as the Directors may determine. ■ ■ ■ , .The Company's "Memorandum ol Association is to be read in connection with • this Prospectus. ) : Applications for Shares' may be had > ! from . Messrs Williams and Kimbel, who 1 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 5 Registrar, Dated at Gisborne this 18th day of - June, 1907. ' «i. MAYNARD. [ G. B*. OMAN. ■ H. TE KANI PERE. >! . ARTHUR SAWYER. b 'r '■ JOHN F. PETTIE/ ■j - WILLIAM WEBB. ' G. WILLIAMS. M. KIMBEL. 141 '.

W.J. COX & CO. WHOLESALE pAMTLY Q.ROCER A AND . . : r PROVISION jy/p-RCHANTS, GIVE THE BEST VALUE •■'• l , ■' TOWN. EVANS, NIELD, AND COMPANY SAWMILLERS TIMBER & HARDWARE MERGHANTS Keep in Stock and Sell at Lowest Current Rates < SAWN and DRESSED KAURI RIMT JAND TOTARA All Sizes and Qualities to suit Local Building Requirements. Lime * Posts, Strainers. Cement Wire Tanks Spouting House Blocks Corrugated Iron Nails Ranges Staples GratesP * Every Description of Builders' Hardware Stocked. NEWCASTLE, WESTPORT, AND TAUPIR (Screened, Steam, aad Smithy). < AGENTS : T . . , Alliance Assurance Company, Limited (Fire and Marine). Bchooner "Awanui." OFFICE 4 YARDS : UPPER GLADSTONE ROAD. EVANS, NIELD& COMPANY, I w CURES *J 1 COUGHS COLO' S | \ W\NFLUEN?^ h : ",. - '•" :. : — — — : — < ITIHEY WTLL CHEER YOUR LOTPLANTERS' CHOICE Or ARCADIA TEA. fIARLYLE TT 0 U S E, THE POINT, WHATAUPOKO. ( First-class Accommodation for Boarders, * on most Reasonable Terms. MRS ATTWOOD, Proprietress. Telephone No. 198. 180 ----- i GILMORB & CO.'S PLANTERS' CHOICE arid ARCADIA-TEAS do not need Coupons or Prizes to sell them " anywhere. Why?