Page 3 Advertisements Column 4

Wellington Independent, Volume XXI, Issue 2343, 3 April 1866, Page 3

, , . .SOMERVELL BKOBHEKS, '■>*'• ' limited, LEATHER MERCHANTS, LEATHER ;dre§sers, shoe mercers, Closed Boot and Shoe Manufacturers, Rivetted and Fewn Boot Manufacturers, NETHEBFIEID WOEKS AND STEAMONGtATE BRIDGE, KENDAL. To be incorporated under " The Companies' Act, 1862," -by which the Liability of each shareholder is Limited to the amount of iiis shares. CAPITAL £160,000, In 40,000 Shares of £4 each , of] which it is intended to call up not more than £2 per share, with power to create additional Capital by new shaves, and in the distribution of new shaves, existing shareholders shall have the preference. Deposit 10s per share on application. The first Call of 10s per share shall be paid on tho Ist day of August, 1863, a further Call of 10s per share on the Ist day of July, 1866, and a further Call < f 10s per sh are on the lt>t day of July, 1867. Merest will be charged on all Calls in arrear. BOABD OF DIBECTOBS. ' Robert Miller Somervell, Esq. John Somervell, Esq. lUr Edgar Robinson, twenty-one years with the Finn. Mr John Conway, seventeen years with the firm. Mr Henry Hewetson, eleven years with the firm. Mr Thomas Atkinson Gott, twelve years chief clerk to tho linn. BANKERS. Messrs Wakefielrl, Crewdson & Co.,Kendal. SOLICITOUS. Messrs Moser, Son, and Arnold, Kendal ATJDIT©RS. Mr Thomas Hudson, Accountant, Kenda 1 !. j PROSPECTUS. THIS COMPACT, intended to be founded by the firm of Somervell Brothers, with the primary design of receiving the co-operation of parties associated with their business, is when registered, to he carried on under the style of " Somervell Brothers, Limited," and is to be formed 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 large part of Great Britain and Irelan I, and in most of the trading countries of the Tr^Wd. The business was commenced in the year 1842, on a very small scale, has gtadually increased in prosperity from that time, and is entirely free from speculation of any kind, contesting as it does of a trade in goods n universal demand. Tho Leather Trade consists of the import of leather from various Foreign Countries, and its sale and re-shipment. The Leather Dressing Depart ment obtained Honorahle mention in the Industrial Exhibition of 1862. The Shoe Finding and Shoo Mercery 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 perfection c<" *>-> v> -i .-'.iiO.'^s^. •■":••>.•>.'• svwiiiV; *,; ,'^j r . .i cim o the boot and shoe trade ; and it was food found that this could only be done profitably on the principle «f sub-division of labor, and the manufacture of large quantities enabling tho makers to obtain the most skilled overlookers. Somervell Brothers obtained the Prize Medal for this department in the Industrial Exhibition «f IBfi2. The Rivetted and Sewn Boot Manufacture is oije but recently commenced, but has already arrived at such perfection that the goods manufactured in this department are pronounced by competent judges to he the heat in the trade. It is intended to have the whole of the premises, with machinery and General Plant, valued by a competent and fair valuer, of character and respectability, such valuation to be made as between incoming and outgoing partners, hut without any addition for good-will. This Company offers «o the shareholders the advantage of entering at once upon an established business which it has taken twenty-two years to bring to its present position, and its profits in the past hold out a good prospect for future dividends. Stock will lie taken on the last week of December in each year, and a dividend will be declared and payable before tho end of the January followng. It is intended that a half-yearly approximate dividend also be declared, and payable in July in each year. The presen firm viz., the firs t two named directors, retain in their own hands 15,000 shares, on which £2 per share shall be at fl once paid by them, and in addition they, thoy Hot to themselves 10.000 shares, with £2 paid as a moderate valuation for the Goodwill and General Interest of the business they surrender. These 10,000 Shares to receive no dividend for the first two years, except tho rest of the shareholders have received 10 per cent. Somervell Brothers offer the remaining 15,000 shares to their friends and tho 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 supremo control. The other Directors will givo (heir whole timo to the management of their various departments as they have hitherto done. Each sharo 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 the new company in the usual way. Prospectuses may he had from Somervell Brothers, or from Mr T. Hudson, Accountant, Ker.dal, and forms of application for shares must be directed to Somervell Brothers, Netherfield, Kendal. StTmARY'S CATHEDRAL, SYDNEY. NOW PUBLISHED, a complete history o St Mary's Cathedral from the laying of the foundation stone to its lamentable destruction by firo, with numerous engravings from sketches and photographs. Price one shilling, postage extra. W. G. Mason, S t Stanley-street, Sydney. Agents and the trade supplied on liberal terms. Notice. — One half of tho clear profits of the publication will be d(ivoted to tho St Mary's Cathedral Restoration Fund. BREAD— PASTRY— PUDDINGS. BORWICK'S BAKING POWDER is reoomnieudoil by ibe Queen's private Baker, mid patronized by the Army and Nnvy. With lionvick's Unking l'ow.ler you can mnk'; Brcntl without Yenst. Borwick's Bakins,' Powder saves irggs and Butter. Bonviok's Baking I'owder makes Norfolk Dumplings in perfection. Borwick's linking Powder is invaluable in the Bush. Berwick s Unking Powder is warranted wholesome. In buying Borwick'B taking Powder lake ciue thnt you get it. As there arc several spurious mid injurious imitations, see tliut ilie words ♦• GEORGE BOKWICK" nn; on every pucket. ' To be bad of all respectable Storekeepers, hi Id. 2J, 4d, and Oil packets, and in patent boxes (id, Is, 2s (sd, nnd os each. Wholesale of G. BOKWICK, Oliiswcll Street (late Little Moorficlds), Loudon. February 10, 1805.