Page 3 Advertisements Column 7

Wanganui Chronicle, Volume XX, Issue 3523, 19 November 1877, Page 3

NOTICES. WANGANUI STEAM NAVIGATION COMPANY (limited). I CAPITAL £30,000. j In three thousand Shares of Ten Pounds I each, ou which it i 3 proposed to call up j £5 per Share, as follows, via : — 10s on application, and 10a ou allotment, after which monthly calls will be made of not exceeding os per share. PROVISIONAL DIRECTORS. G. T. Lethbridge, Esq.j F. R. Jackson, Esq. ; J. G. Sharpe, Esq. ; W. D. Shaw, Esq., J. L. Stevenson, Esq. ; John Anderson, Esq. ; A, Barns, Esq. (of Barns and Wilson) ; John Duncan, Esq. (of Duncan and York); John Bennie, Esq.,; E. C. Earle, Esq.; John Davidson, Esq. (of Seaton and Davidson) ; J. Jones, Esq. (of Jones and Walker) ; C. S. Cross, Esq. j James Bain, Esq". ; Geo. A. Hurley, Esq ; James Duigan, Esq. ; James Laird, Esq. ; D. Murray, Esq. ; James Brown, Esq. ; John Ballance, Esq., M. H. E. BANKERS. Bank of New Zealand. SOLICITOR. C. H. Borlase, Esq. BROKER. John S. Capstick. PEOSPECTUS. The growing want of a local Steam Navigation Company on an extended basis, has become so pressing, that a number of Gentlemen largely interested in the trade and commerce of Wanganui and its surrounding districts, have decided upon iuviting the public to join them in their efforts to provide for the above wants. It will be seen from the list of Provisional Directors, that the promoters are men whose co-operation and support in such an undertaking will go fa? towards ensuring the large measure of success it is anticipated the Company will achieve. As an advantageous investment, a consideration of the following Facts will clearly demonstrate its bona fides. : , 1 It is proposed to purchase the steamers "St Kilda" and " Wallabi," belonging to ( the "St Hilda Steam Navigation Company," and to keep them in the live stock trade of the port ; and either to purchase the "S. S; > Clyde," or some suitable steamer for the Manawatu, Eangitikei, and Patea trade. ■For the Wellington trade, it is proposed that a steamer capable of carrying 150 tons of cargo, and a sufficient nnmber of I passengers, on a maximum draft of seven feet, at a mean speed of 12 knots, to be procured. It is of the greatest importance to Wanganui and the surrounding districts, that the live stock trade of the port should be properly provided for, and i*j is with a 5 view to this object that the proposed purchase of the "StKildi' and "Wallabi" has been included in the programme of this Company, as the vessels in question are both profitably employed in carrying stock, and are in every way suited thereto. Their present owners have such faith in the success of the proposed Wanganui Steam Navigation Company, that they have signified their willingness to accept 400 shares as part payment for their vessels. Country settlers who are vitally interested • in the live stock market, are confidently 1 appealed to for their support, as it i 3 of the greatest importance to them that the means of export should be permanently secured to this port. With respect to the Manawatu, Eangitikei, and Patea trade, there can be . no doubt but that it is of great importance to the commercial community here and in the different ports in question, and it i 3 also certain that a good boat will pay iv such a trade, especially when it is worked in connexion with the southern trade of thp Company. Overtures for the purchase of the " S. S. Clyde" will be uiaJU', a;i-l iruisuccessf ul, it will remain for the shareholders to decide upon what steps shall be taken - to procure a suitable steamer for the trade „ in question. The large amount of goods and passengera now being carried by the Wellington steamers, is quite sufficient in itself to warrant the floating of a, local Steam Navigation Company, as it is manifest the paying of so much money to outside proprietors, helps to drain Wanganui of a ' very coreiderable amount of capital, which, it kept in Ihe place, would materially assist,' its more rapid progress. At present the ' maritime interests of Wanganui are not as ; well conserved as they might be, , as the - Wellington tradii is 'at times , greatly re- ! a larded, owing to the insufficient provision j made for its requirements, by the .outsid^ ye ! companies, into whose Hands the itibno-poly I «- ' has pasted. A locally owned steamer, equal* ; , ; ill i to the requirements of the trade, with good' ;),, I accommodation, capatle ?f making the >g _ j average passage to Wellington, and vice ' 2' ' versa, iv uight hours, would provo a great 3S > j boon to the public here, and would with" g6. j the large measure of support- a)reacly : i ' rs % j aesured to the Wanganui Steam Navigation nil I Company, be always profitably employed. I The " Wallabi" and "^tKilda >r by bringing , j coal as return freight from Westport and t0 I Greymouth, would help to cheapen the cost at ; of working the other steamers, and would,-: : ny j when the Wanganui Gas Company starts'--1 active operations, have an extended market. I for their surplus coals. In fact there cau 1 be no doubt but that the Wanganui Steam an Navigation Company, if fairly supported, must prove not only a highly profitable investment to its Bhareholdeis, but of great I benefit to the whole community of Wangado ( nui, and those ports enbraced in the circle i of its operations. The public ol the West Coast Gold Fields ports are cordially invited to assist in the formation of the Wanganui Steam Naviga- ■ tion Company, as it is greatly to their advantage to ketp open the communication I between the stock-producing ports of this jen ! Island, and the coal beds of the other, and • Ito keep up that mutual interchange of j staple products so necessary to both coinm " ; munities. md The promoters in conclusion trust that It their efforts to secure for Wanganui the ,py benefits so sure to follow the successful 'kg floating of such an undertaking, will bo . largely seconded by the public generally, ™ as the more extended the interests embraced in the Share list, the greater the measure of su2ce33 in store for the Company. Early application for Shares is invited in order that no time may be lost in corn-; mencing business. the Q a sufficient shares being called for, a general meeting of shareholders will be called, and all necessary sieps for the foro p j mation of a Company on a perinnnent basis discussed and decided upon. Forms of application may be had on application to Mr John S. Capstick, Broker Caston Chambers, Victoria AvemNj* Wangaaui. nov 14 Q _^_ _ ._, , , . . ; „ WOOL ADVANCE. •'TAYLOR & WATT n ill 'advance *■ on this Seasou's Wool Clip, at U uncut Kates, ;f consigned to their Ifome Agoijia. Particulars of char«-.f. <,n application. , TAYLOR & WaTT, Nqv 3