Page 3 Advertisements Column 3

Wellington Independent, Volume XXI, Issue 2344, 5 April 1866, Page 3

SOMERVELL- BROTHERS, LIMITED, LEATHER MERCHANTS, LEATHER DRESSERS, SHOE MERCERS, Closed Boot and Shoe Manufacturers, Rivetted and Boot Manufacturers, NETHERFIELD "WOKKS AND STUAMOUGATE BRIDGE, KENDAL. To be incorporated under " The Companies' Act, j 18G2," by which the Liability of each shareholder is Limited to the amount of his shares. CAPITAL £160,000, In 40,000 Shares of £i each, of which it is intended to call up not more than £2 per share, with power to crcftte additional Capital by new shares, and in the distribution of nuw shares, existing shareholders shall have the preference. Deposit 10s per share on application. Tho first Call of 10s per share shall be paid on the Ist day of August, (865, a further Call of 10s per share on tho Ist day of July. hSGG, and a further Call < f 10s per sh are on the l_t day of July, 1807. Merest will be charged on all Calls in arretir. BOARD OF DIHECTOnS. Robert Miller Somervell, Esq. John Somervell, Esq. Mr Edgar Robinson, twenty-one years with the Firm. 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 the linn. BACKERS. Messrs Wakefield, Crewdson Ss Co., Kendal. SOLICITOUS. Messrs Moscr, Son, and Arnold, Kendal A__>lT__S. Mr Thomas Hudson, Accountant, Kendal. PROSPECTUS. mHIS COMPANY, intended to be founded by i the firm of Somervell Brothers, with the primary design of receiving the co-operation of parties associated with their business, is when registered, to lie carried on under the stylo of " Somervell Brothers, Limited," and is to be formed for the purpose of acquiring the Manufactories and Trading Premises at present in tho possession of Somervell Brothers, together with .the benefit of their old established connection throughout a large part of Great Britain and Ireland, and in *nost of the trading countries of the world. The business was commenced in the year 1842, on a very small scalo, has giadually increased in prosperity from that time, and is entirely free from speculation of any kind, consisting as it docs of a trade in goods n universal demand. The Leather Trade consists of the import of leather from various Foreign Countries, and its sale and re-shipment. The Leather Dressing Department obtained Honorable mention in the Industrial Exhibition of 1802. The Shoe Finding and Shoe 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 of v ->*'••» .'.-!*•„> .'i'^y '"''l.' !-.V r,iltliiil;J t-l ,' ,~j K.i <r»« O the boot and shoe trado ; and it was soon found that this could only be done profitably on the principle «f sub-division of labor, and the manufacture of large quuntiiies enabling tho makers to obtain the most skilled overlookers. Somervell Brothers obtained the Prize Medal for this department in the Industrii}l <?f 1803. 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 aro pronounced by competent judges to be the best 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, but without any addition for good-will. This Company offers »o tho 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 be taken on the last week of December in each year, and a dividend will be declared and payable before the end of tho 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 first, two named directors, retain in their own hands 15,000 shares, on which £2 per share shall bo at oucb paid by them, and in addition they, the}' 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 the rest of tho shareholders have received 1 0 per cent. Somervell Brothers offer the remaining 15,000 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 supremo control. The other Directors will give their whole timo 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 the new company in the usual way. Prospectuses may be had from Somervell Brothers, or from Mr T. Hudson, Accountant, Kendal, and forms of application for shares must be directed to Somervell Brothers, Netherfield, Kendal. ST. MARTS^CATHEDRAL, SYDNEY. NOW PUBLISHED, a complete history o St Mary's Cathedral from the laying of the foundation stone to its lamentable destruction by fire, with numerous engravings from sketches and photographs. Price ono shilling, postage extra. W. G. Mason, 84 Stanley-street, Sydney. Agents and the trade supplied on liberal terms. Notice. — One half of the clear profits of tha publication will be devoted to the St Mary's Cathedra] Restoration Fund. BIiEAD— PASTRY— PUDDINGS. BORWICK'S BAKING POWDER is recommended by the Queen's private Baker, and patronized by the Army and Navy. With Borwick's Baking Powder you can mak>; Bread without Yeust. BovwicU's Bukinj,' Powder saves Eggs and Butter. Borwiok's Baking Powder makes Norfolk Dumplings in perfection. Borwick's Baking Powder ia invaluable in the Bush. Borwicks Baking Powder is warranted wholesome. In buying Borwick's Making Powder lake care that you get it. As tbere are several spurious and injurious imitations, ace that die words " GEORGE BORVVICK" nre on every pneket. To be lmd of all respectable Storekeepers, in Id. 2d, _d, and 6d packets, aud in pntPi.t boxes (id, Is, 2s Od, and 5s each. Wholesale of G. BOftWIGK, Cliiswell Street (lute Little Moorfielda), London. February 10, 1305.