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piOSPE 0 T U S JT " OF THE . WELLINGTON AUCTION AND MERCANTILE COMPANY (LnnTBD), To be registered under ; tho Joint Stock Companies Act, 1872, aiid Amendments, Capital, £25,000 in 25,000 shares of £1 oaoh, with power to; increase tho Capital, Payable as Mows:— One Shilling per Share on Application, One Shilling per Share on Allotment, and the balance as ma; be required; bat no Call shall exceed Ono Shilling per Share, or bo made at less intervals than one month. It will not be necessary for some years to call upon more than 10s per Share, unless for a special purpose, Buch as building . larger premises, Pitovjsiom Dihctobs : G. Fisher, Esq,, Mayor of Wellington - F.H. Wood, Esq,, Mayor of Greytown VV, Hutchison, Esq., M.H.K. Wellington Alexander McDonald, Esq,, Wellington James Cooper, Esq,', Wairarapa' Thomas Smith, Esq., Ohariu D. M, Brook, Esq., Kaitoko B, C, Parker, Esq,, Nelson Samuel Gilmer. Esq., Wellington Isaac Plimmor, Esq., Wellington Jacob Lichtscheindl, Esq, Wellington E. E. Edmunds, Esq,, Wellington Edwin Perretfc, Esq,, Wanganui G, W, Binney, Esq,, Auckland Bankehs: ' The Colonial Bank of' New Zealand Solicitors : ' Messrs Buckley. Stafford and Fitzlierbert SECKErARY (pro tern): Andrew Iteid Offices Messrs Dwan and Co,'s Auction Mart, Manners street, This Company is formed to purchaso the well known business and interest in tlie premises at present carried on and held by Messrs Dwau aud Co., Auctioneers, General Commission Agents, and Merchants, Manners street, Wellington, and to carry on the same on » more extensive scale, and by indueiug all classes of the community in town and country to become shareholders, it is anticipated that tho proposed Company will be ono of the most marked- business successes in the city and district of Wellington, 2. The Company will take a transfer of ho business, goodwill, agencies, goods on consignment, lease of premises, with a purchasing clause, at a low valuation, &0,, paying for the same tho sum of five thousand pounds (£5,000), in the following manner—namely,- £2OOO by fully paid up shares in the Company, and tlie balance by instalments at short dates, as may be arranged, and as the capital of the Company is called up, The stock-in-trade, merchandise in store, and any other assets belonging to the present business may be taken at a valuation or not, as the directors may elect. 3. The object of lire Company will be to carry on the business of Auctioneers, Land, Estate, and General Commission Agents, and a mercantile business generally, and by offering special inducements to farmers and others by making advauces on goods placed in tho hands ol the Company for sale, aud commanding the utmost facilities - for successfully and expeditiously realising the proceeds in this' or other markets, to so extend the operations of tho Company that the want of a larger capital alone prevents the present proprietors from attaining to, ■ 4, While it is possible to obtain cash advances on produce, stock, and real estate, yet tli ut conditions usually imposed are, found seriously inconvenient to borrowers, by reason of tlie public registration of mortgages and liens.; therefore tho special advantages offered by this Company is one which farmeis and others will appreciate. 5, Shareholders in this Company will bo enabled to borrow on the most favorable terms, and will also have pnjerential consideration; for they will bo enabled to obtain advances on growing crops, stock, A'c , without the transaction made too public and proclaimed lo everybody. 0. Mr Thomas Dwan will remain, if required, as Auctioneer aud Managing Director for a term that may bo dccieed upon and under arrangements that will be satisfactory to the Company, also binding himself not to sot up in the same lino of business again in the diitiiufc of Wellington during the continuance of the above firm. 7. To the public generally, farmers, and other producers especially, tins undertaking should recommend itself, as it is neither more nor less than n largo co-operative association, in which r.;l can have a share at a small lost, aud at the same timo command the experience and ability of trained business men, at a moderate charge, in, the conduct of thuir business, whether the disposal of produce, tho obtaining an advance on the thousand and ono channcis in which most people want assistance and advice. 8. Ths qualification for each Director is 50 shares, and the Company will be registered when 10,000 shares are subscribed, 9. Under directions from the Provisional Directors, tlie books o! tlie Veudors have been exarniaed by a competent accountant, and the result, considering the business hitherto carried on, is cninently satisfactory, 10. Deposits on applications for shares are payable to the credit of the'' Trust Account, Wellington Auction and Mercantile Company (Limited)," at the Colonial Bauk of New Zealaud, Wellington; and should the Company not be registered, all deposits will bo returned to subscribers in full. Forms of application for shares may bo obtained at the offices of Messrs Dwan and Co,, MannerS'Street, and from MESSRS LEDGER & HICKSON, 1622 Brokers,

IMPORTANT NUnuu THE NEW ZEALAND LEATHER MANUFACTURING COMPANY (Limit®), TANNhRY AND BOOT MANUFACTUBING WORKS. IN July oi last year Hid Directors of this Company, feeling assured that the public would literally tupport an ostablismont where excellence of quality with moderate prices could always be relied upon, determined to open a RETAIL BRANCH IN WILLIS-STREET, chiefly for tho sale of goods manufactured at the Company's own works, The success which has attended this Branch has been so very decided, and has so fully borne out the hopes of the Directors, that they have now arranged to open other and still more KXTENSIVE PREMISES ON LAMBTON QUAY, Situated Opposite the Government Buildings where eoods of such a quality as will fully maintain tho character of the Company as first-class manufacturers will bo offered',at moderate' prices, while in order to suit tho convenience of Ladies requiring a class of goods not at present made in tho colony, a select assortment of English, French, and German goods of best descriptions will always be on hand. The premises secured are unequalled in tho trade for spaco and comfort, and the management has been placed in the hands of Mr Thomas Potter, whose recent large experiences in London houses thoroughly qualifies him for the position. ' It is intended to open for business on Saturday, the 9thinst., when the show-cases with their contents as lately exhibited at the Chnstchurch Industrial Exhibition will bo on view. By order, JOHN C. MOWBRAY. Wellington Ist Feb,, 1881, NOTICE OF REMOVAL. THE NEW ZEALAND TENT, CO? ' AND FLAG DEPOT, Lambton-qday eliingtok,. Has been removed next'iloor the Theatre Royal Hotel, Lambtou yuay, where an extensive stock of Waterproot and Oilskin Clothing and Leggings Waterproof Rick, Cart, and Waggon Covers Horse Lo m Cloths, &o. Tents, Fk gß , an all other articles m the trade kept on han by this manufacturer,: w . ■ l a. o. SAGE • Wmrarapa Agent- ; THOS 0. D'AROY, MASTBBfi

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https://paperspast.natlib.govt.nz/newspapers/WDT18840307.2.22.7

Bibliographic details

Wairarapa Daily Times, Volume 6, Issue 1627, 7 March 1884, Page 4

Word Count
1,150

Page 4 Advertisements Column 7 Wairarapa Daily Times, Volume 6, Issue 1627, 7 March 1884, Page 4

Page 4 Advertisements Column 7 Wairarapa Daily Times, Volume 6, Issue 1627, 7 March 1884, Page 4