SOMERVELL BROTHERS, IIMITED, LEATHER MERCHANTS, LEATHER DRESSERS, SHOE MERCERS, Closed Boot and Shoo Mtuiiilnctiucrs. Rivetted and w ewn I3oot Manufacturers, NETIIERFIELD WORKS AND STKAiIOXOATEiBKIDGBj KENDAL. To be incorporated under •' Tho Compares 1 Act, 186-i." by which tlie Liability of each shareholder is Limited to tlie amount of his shares. CAPITAL £160,000, In 40.000 Shares of i 1 ! em-h.of which it is intended to call tip not more, tnuii i! 2 per share with power to create adtiiiinnai Capital by new shares, and in the distribution of new shares, exiting shareholders shall hi\v« the preference. Deposit 10s per share on application. Tlie first Call of ills per sliare shall he paid on the Ist day of August. 'Hd-t. a I'm I her Call of 10s P"i* share on the Ist day of July. ING(>, and a further Call of It's per sh ara on the )>t day of July. 1 8(17. Interest will In: chursjod ou all Cilk in arrear. HOARD OF DIRECTOKS. Robeif Miller Hoincrvell Emj. John Soineivcll E*q. Mr E-lgar Iwihin.voii, iwenty-one years with' the Finn. Mr John Conway. seventeen years with the firm. Mr Henry llewetson, eleven years with the fiim. Mr Thomas Atkinson Golt. twelve years chief clerk to the firm. BANKERS. Messrs IVakefieM. Crewdson & Co., Kendal. SOLICITORS. Messrs Moscr, Son. and Arnold. Kendal AUDITORS. Mr Thomas Hudson. Accountant, Kendal. PROSPECTUS. mniS COMPANY, intended to be founded by X the firm of Somervell Broihers. with the primary deMgti of receiving the co-aperntion of parties associated with their business, is when registered to be carritd on under the style of " Somervell Brothers. Limited." and is to be foimeil for the purpose of acquiring the Manufactories and Trading Premises at present in the possession of Somervell Brothers, together with the benefit of their old established connection throughout a Jaiyo part of Great Britain and lrelan>, and iv most of the trading countiies of the woild. The business was commenced in the year 1842, on a very small pcalc. has giadually increased in prosperity from t hat time, anil is entirely free from speculation of any kind, consisting as it does of a trade in goods in universal demand. The Leather Trade consists of the import of leather from various Foreign Countries, and its sale and re-shipment. The Leather Diessing Department ohtained Honorable mention in the Industrial Exhibition of I*o2. The Shoe. Finding and Shoe .MerceVy Department consists of the import, purchase, or manufacture of every article (leather excepted). that enters into the composition of a shoe or boot. The Closed Upper Manufacture was commenced eight years ago, when the peifection of sewing machines rendered it possible to apply them to the boot and shoe trade; ami it was soon found that this could only be. done profitably on the piinciple of sub division of labor, and the manufacture of lai^e quantities enabling the makers to obtain the mo-t siilled overlookers. Somervell Brothers obtained the Prize Medal for this department in the Industrial Exhibition of 18G2 The Rivetted and Sewn Boot Manufacture is one but recently commenced, but has already arrived at. such perfection that the goods manufactured in this department are pronounced by competent judges to be (he. best in the trade. It is intended to have the whole of the premises, with machinery and General Plant, valued by a competent and for valuer, of character and re- ) spectability, . e uch valuation to be made as between incoming and outgoing paitners, but without any addition for good-will. This Company offers «o the shareholders the advantage of entering at once upon a.-i established business which it has taken tuenty-two years to bring to its present position, an.l its profits in th© past hoM out a good prospect for future dividends. Stock will ne taken on the last week of December in each year, and a dividend will be declared and payable before the end of the January following. It is intended that a balf.yeaily approximate dividend also be declared, and payable iv July in each year. The present firm viz., tho first two named directors, retain in their own hands 15,000 shares, on which -K2 per share shall he at once paid by them, and in addition they, they allot to themselves 10.000 shares, with £2 paid as a moderate valuation for the Goodwill and General Interest of the business they surrender. 'J hese 10,000 Shares to receive no dividend for the first two years, except the rest of the shareholders have received 1 0 per cent. Somervell Brothers offer the remaining 15,01)0 shares to their friends and the public. They propose to continue their undivided attention, as well as their practical knowledge and long experience to the management of the business, and will retain the supreme control. The other Directors will give their whole time to the management of their various departments as they have hitherto done. Each share will carry one vote. The new Company will commence operations on the Ist day of July next, or as soon after as practicable. The present firm will hold themselves responsible for- all the debts owing to them, which will however, be collected by tho new company in the usual way. Prospectuses may bo had from Somervell Brothers, or from Mr T. Hudson. Accountant, Kecdal, and forms of application for shares mnst be directed to Somervell Brothers, Netherfield, Kendal. /""lAUTION, — A quantity of spurious Essences \J and other Articles ot perfumery intended for shipment and sale abroad, upon which were affixed labels in imitation «f the label and trade mark, and having the trade signature of Messrs Piesse and Lobin. of No 2, New Bond Street, forged thereon, having been sent into the Port of London, the same has been seized and condemned by her Majesty's Commissioners of Customs for the Port of London, and as there is reason to believe that the practice of imitating Ihe Trade Mark and forging Hie Trade Signature of Messrs Piesse and Lubin is being carried on to a large extent :— Notice is hereby given that it is the intention of Messrs Piesse and Lubin to proceed criminally or otherwise (as they may be advised) against any person or persons who may hereafter sell, export for sale, deal in Or otherwise dispose of any perfumery with any labels or marks thereon or thereunto affixed, having the name and address and trade signature of their firm fraudulently and falsely printed, engraved, or forged thereon. Dated this first day of May. 1865. YALLANOE and VALLANCE, 20 Essex-street, Strand, London, Solicitors for Measrs Piesse and Lubin. August 1, 1865, TO CARPENTERS. . WANTED, 20 GOOD HANDS. Apply to • ; BETT & ROBERTSON, Wanganui,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WI18650801.2.4.6
Bibliographic details
Wellington Independent, Volume XX, Issue 2239, 1 August 1865, Page 3
Word Count
1,102Page 3 Advertisements Column 6 Wellington Independent, Volume XX, Issue 2239, 1 August 1865, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.