TARANAKI PETROLEUM AND IRON COMPANY.

Taranaki Herald, Volume XL, Issue 9258, 7 December 1891, Page 3

TARANAKI PETROLEUM AND IRON COMPANY.

We take the following from the European Mail of October 23 :—The Taranaki (New Zealand) Petroleum and Iron Company (Limited) has just been registered here with a capital of £125,000 in £1 shares, the object being " to carry into effect an agreement expressed to be made between the New Zealand Peti oleum and Iron Syndicate (Limited) of the one part, and tbe Taranaki (New Zealand) Petroleum and Iron Company (Limited) of the other part; to acquire concessions, oil wells, iron or other mines, mining rights, metalliferous and other lands, estates, and properties of any tenure whatever, in New Zealand or elsewhere, nnd to develop and turn to account the same." The first subscribers are :—: — Shares Sir Julias Yogel, K.C.M.G., St. Margaret's Mansion, Westminster ... 1 G. H. Phillips, Lansdowne, Cheltenham,,. ... ... • 1 J. Uarcroft, 2 Albion Buildings, E.O. I E. Gould, 18 Lansdowne Road, Tottenham ... ... 1 T. Bafrowclougb; Clover Hill, Bacup 1 W. E. Whitworth, Rochdalo ... 1 W. Greaves, Oak House, Bacup ... 1 J. B. Wiscott, 11 London-street, XC. 1 Thero fare not to bo less than tbreo" nor wore than seven directors ; tho first 'are to be appointed by the signatories to the memorandum of association. Qualification, 200 ordinary or- four founders' shares. Remuneration, 150dol. per. annum, with an additional 5 per cent, on the net profits of the company aftor payment of 10 per cent dividend.