Page 3 Advertisements Column 2

Wellington Independent, Volume XXVIII, Issue 3977, 13 December 1873, Page 3

ABRIDGED PROSPECTUS OP THE UNION STEAM SHIP COMPANY OF NEW ZEALAND (LIMITED). To be incorporated with limited liability under the Joint-Stock Companies Act, 1860. CAPITAL £250,000 In 25,000 shares of £10 each, with power to increase and issue Debenture Stock. ; Only £4 per share to be called up at present, payable as follows : — 10a per share on application ; 10a on allotment ; 20s in three months after allotmenttj and the remaining 40s in calls of 10s each sueoeeding three months. Pbovisional Dikectobs : E. B. Cargill, Eeq: (Messrs Cargills and M'Lean) A. 0. Strode, Esq, R.M. J. A. Walcott, E : q (Messrs Bright Bros. and Co) P. 0. Neill, Esq (Messrs Neill and Co) W. J. M. Larnaob, Esq (National Bank) John Richard Jones, Esq, Matauaka J. M. Ritchie, Esq (Aessrs G. Gray . Russell and Co) James Mills, Esq (Harbor Steam Company James T. Mockerraa, Eeq (Messrs J. T. Mackerrai and Co) T. S. Graham, Esq (Messrs Bing, Harris and Co) Arthur W. Morris, Esq (Otago and Southland Investment Company) James Smith, Esq (Messrs Smith and Anderson) Henry Driver, Eaq (Messrs Driver, Stewart and Co) Alexander Burt, Eeq (Messrs A . and T Burt) Charles M'Queen, Esq (Messrs Kincaid, M'Queen and Co) H. P. Murray-Aynsley, Esq (Messrs Miles and Co, Christohuroh) George Gould, Esq, merchant, Ohristohuroh Bankers : National Bank of New Zealand. Solicitobs : Messrs Smith and Anderson. Inteeim Skobetaey : James Mills, Esq. This company has been formed for the purpose of providing more efficient steam communication between the different ports of New Zealand — the want of which has been much felt for some time paat, and wbioh is becoming more perceptible as the growing trade of the colony is developed. It is desired to establish a weekly line of steamers between Otago and the piinoipal Northern Ports, to put on a stoamer between Duuedin and the West Coast Ports of the Middle Island, and also to provide for the efficient conduct of the trade to and from tke several smaller ports on the coast of Otago an"? Canterbury. For these purposes the following new vessels will bo required : — Three first-olass steamers for the trade between Dunedtn and Manukau, to. be built in Earope, and capable of carrying from 400 to 500 tons of cargo, fitted with compound engines and the latest improvements, and with superior passenger accommodation, suited to the requirements of the present day. These steamers will be of such class and speed as will ensure 6very facility to shippers of goods, and convenience to the travelling public. One boat of smaller capacity and light draft of water, especially adapted to the trade to the West Coast of the Middle Island. With a view to commencing operations without delay, it has been arranged to take over, on the Ist of January next, the steamers Maori, Beautiful Star, and Samson, belonging to the Harbor Steam Company's fleet, and also their new steamer, just built on the Clyde specially for the Timaru and Lyttelton trade, and which is expected to arrive iv the colony early in February. These vessels will at onco create a revenue for the company, and, it is believed, will be sufficient to carry on the trade of the ports on the coasts of Otago and Canterbury. Mr James Mills, who has so successfully conducted the business of the Harbor Company from its commencement, will continue to act as Manager o( this Company. It is estimated that, to carry out these proposals, a capital of £150,000 will be required, and to provide for tbis it is proposed to call up £4 per Bbare, making a total of £100,000, and to borrow the remaining £50,000 on debentures bearing a low rate of interest. This arrangement will enable larger dividends to be declared on the paid up capital. Out of the total number of shares, the proprietors of the Harbor Company will take 7500 paid up to the extent of £4 each, and the remaining 17,500 are now offered to investors. In recommending this investment to the public, the Provisional Directors may state that largo profits are now being made by steamers on the coast of New Zealand, and they are therefore confident that, by the employment of vessels of the character indicated, fitted to work with the utmost economy, and meet the growing traffic without undue strain, the Company will be able to secure ample profits, and at the same time promote trade and the convenience of the travelling public, by providing improved facilities and accommodation at reduced rates. Applications for shares will be received by the Interim Secretary, at his office, Harbor Chambers, Dunedin • and by Messrs Miles and Co., Hereford -street, Christchurch ; and at the office of the National Bank of New Zealand (Limited), here. T> U B L I 0 NOTICE To Residents in Wellington and Others. During the Bfftnmer season, Mr Sam Prosser intends running a morning coach to that favorite watering place, Porirua. He has been induced to lay on the extra coach by request of residents, visitors, travellers, and others, to whom sea air, picturesque scenery, and a thorough change are eesontial. December 6th, and till further notico — Crown and Anchor, 9 a.m. Metropolitan, 9 15 a.m. Leave Porirua, 3.30 p.m. Single tickets ... , 3s. Return tickets ss. N.B. — Sundayß included. WELLINGTON SWIMMING BATHS, Clyde Quay. The above are now open to the public. There are separate dressing rooms for the Ladies, — Mrs Meeoh being always in attend* ance to seoure their comfort. Ladies' Hours — Every day from 11 a.m. to 2 p.m., Saturdays exoepted, when the hours will be from 10 to 12. Teems : — Single season ticket ... ... £1 1 0 Family season ticket ... ... 2 2 0 Single bath 0 0 6 HENRY MEECF, Proprietor. TCT O T I 0 E. RETIRING FROM BUSINESS. The undersigned begs to thank his numerous friends for past favours, and takes this opportunity to inform them that he has given up business, and is about to proceed to England. All persons having aooounts against him are requested to forward the same for settlement ; and all accsunts due to him are to be paid on or before the 31st December next, otherwise they will be placed in the hands of a solicitor for collection. JAMES FARMER, Tailor, Willis itreet.