Page 3 Advertisements Column 6

West Coast Times, Issue 2324, 8 September 1876, Page 3

Prospectus. PROSPECTUS AUSTRALIAN ASD NEWZEALAND STEAM SHIPPING • COMPANY (Limited). Head Oitice Melbourne. • Capital-— £250,000, in 25,000 Shares of £10 each. To .be.. registered under the "Companies Statiite,, 1^6,4," and the liability of the Shareholders will be limied to the amouiit of the subscribed shares. It is intended io pall up £100,000 within the next t*ej^e months, payable— £l per share on abplicatibri; £l 10s on allotment, and the balance bj calls not exceeding £2 10s e?ch ; But p.n not less than three months' previous notice. £50,000 of i&e afeount to be called up has already been iiibscribed in Melbourne and New Zealahd before the issue of this Prospectus. PBoyisioNAL Directors, With power io add to their number (To remain in offibe for twelve months after the registration of the Company). JOSEPH CLARKE, Esq.. Melbourne. DAVID SPENCE, Esq., of Messrs Spence Bros< ,& Co, Melbourne J. H. WHITE, Esq., of Messrs J. H. WhiVe &;Co,, Melbourne H. B. DONALDSON, Esq.. ol Messrs H. B. Dowaldson & Co, of Melbourne WILLIAM CROSBY, Esq , of Messrs William Crosby & Co, Hoba: t Town and Melbourne JAS. M'CULLOCII, Esq., Queen-street, Melbourne WILLIAM YOUNG, Esq., of Messrs William Young & Co, Melbourne WM. M'PHERSON, Esq., Invercargill, N. Z., of Messrs William M'Pherson arid Co. W. J. M. LARNACH, Esq., Dunedin, N, Z. of Messrs Guthrie and Larnach WALTER TURNBULL, Esq., Wellington, N. Z, of Messrs W. aud G. Turnbull & Co WILLIAM LAIDLEY, Esq., of Messrs William Laidley & Co, Sydney, Bankers. In Melbourne — The (olonial Bank In New Zealand — The Bank of New Zealand Solicitors. Messrs Bennett, Attennorough, and Wilks Auditors. Messrs John Turnbull and W. G. Sprig. Brokers. Messrs J, n. Were & Son, 80 Collinsstreet West, Melbourne Mr J. B. Bradshaw, Temple Cliamberf!, Dunedin, ■ AND Messrs Cornell & Mooilie, Princes-street, Dunedin. , To whom applications for shares are requested to be made, or to the Agents of the Company, MESSRS GUTHRIE and LARNACH, Dunedin, New Zealand. This Company is projected by gentlemen largely interested in the New Zealand trade, under the conviction that the existing communication is inadequate for the work. The promoters are convinced that the growing requirements of the trade call urgently for additional steam communication. They confidently believe, and are assured by many of th.e i principal mercantile firms in Meibourne.'and New Zealand, that an important expansion of the traffic will certainly follow the commencement of the Company's operations. The promoters are already in possession of particulars and prides olitaihed from some of the first shipbuilders in Great Britain, of steamers best suited for {Be trade with New Zealand, New Caledonia, the Fiji Islands, &c. Such steamers may be briefly described as ve^sejis ( 'pf large, capacity on such a ( draft ot water, as will enable them to^take their^.cdrgoes.to and from the wharvei^with^accommodation for about 200 first ahd Becbttd L 2lSßi'p'a'sßeiigers, and steaming fuljy^^kpots an hgour, with the latest imprqve,d^conjpqund engines for economising ; fuel «ri& space. t The promQters,.haye. x grpa|;^coiif^dence in placing the .'present '^hterbfise Before the public, based ori.'f He 'PWked^UiScess'of; the large and increasing of s steamevs trading oh 'oiir coasts' tyre 'being how registered a< belorjgnfg }q. 'he of Melbourne 61 steam vessels f'(sf alPdeScfiptiotis, which have^'gf-o'wn ; 'out 'of Ihe earnings of 12 steamers bMll^sorts belonging to the port in 1853, and the, increase (if vessels employed in >few Zeatanii trade is perhaps more marked than any other. It is desired further .to direct attention to the following facts, tending to the .advantage of the project, viz :r— The stimulus te trade by theestabli-hed telegraphic communication between the .(wo countries. The greater facilities for development af 'the large grain producing interest, manifest 'in the growjng^ trade pf , Oa^iiaru ,an^ Timaru, asvyell l ps., the ifipre,|QUtlierq' partji; iof the Middle 'Island, for which produce Victoria, can find a permanent, ma r^e.t. .The' prospect of an ,early ; revisionj.of the Victorian . Tariff ,i; i the. , ii^tereat s of, trad,e ;and co^nmerce. . i The curative^roperties of the Hot Springs of New Zealand.^ tending to promote an increase of visitors in quest of health., And . the u ltrge numbeof. steamers., >qd ; jpass'enger l ships x fro»i, 'Europe, 'India., ■'.^hina,'! Angexic^ haTirigj their, termini in 'Au».trWian^pojcJts,.'c'arrying an increasing humfier ■of'|')ssße^ers ( '{o Y ijor from ,'New.^Zealand. . .'All ■whi^hj.grpwmg interest's will tend tb'the'advantage "of the ; hew. Company., j -j ,■ : ••'.•■ FjOUpwing the plan of late adopted |i, England by recently -fqf'med.^ Shipping Companies, it is proposed that the business shall be managed in Melbbufiie ;J {!.s } '/l!n Agency, under the control of' the'D^rectofy, thus aypiding tlie outlay for a large and costly establishment. ( , „ . x . . ... .. Gentlemen have lately visited New'^-.:i-land in the interests qf .the proposed, yoinpany. They met with' J a most cordial reception, received numerous subscriptions arid promises of support laAhong many sections' of the community. In fact, New Zealand and Melbourne interests aie' thus «> extensively enlisted in the Company, as shareholders and otherwise,' that the "New Line of Steamers cpnnot ■ fail to obtain that ample supi'jbrt which will render the enterprise a succes3, „ i , . ln^pnelusioD, the pr^mot^rs wpu^d in.yj.te, intending inv^stprs L to make prompt applications for Bhareß, toenaSie them to contract for the building.of. the ships while t^e ( cj^pt of construction rules low, as at the.pr'esent^me,, , ; _. . .v , . , There are no special aavjanfages. qf)[ere,d to any,^sharehc^ld.ers, , apd therefore, no promo|ei>' interests , to be. . pai^. If . u>\ I allotments made, "the ileposit money will. be returned in lull. )U Forma of application and information areobtai'nable from the Company's Brokers,