Page 19 Advertisements Column 1

New Zealand Tablet, Volume v, Issue 232, 12 October 1877, Page 19

PROSPECTUS OF THE OAMARU STONE QUARRYING AND EXPORT COMPANY (LIMITED). CAPITAI, £25,000. In 5000 Shares of £5 each. Deposit payable on application, 5s per share. Allotment call 5s per , share. JThe balance to be called up as required ; but calls not to exceed 10s each, or to be made at intervals of not less than three months. The period, therefore, during which the whole amount may be called up is thus extended over two years. The Company is to be registered under the "Limited liability Act" so soon as half the number of shares are disposed of. A Moiety of Shares is reserved for the Australian Market. PROVISIONAL DIRECTORS. Dunedin. J. M'Gregor, Esq., C.B. R, A. Lawson, Esq., Architect. James Mills, Esq., Manager Union Steam Shipping Company. J. T. Mackerras, Esq., (Mackerras and Hazlett, Merchants). A. Peyman. Esq. Robert Wilson, Esq. (R. Wilson and Co., Merchants). Walter Gtrthrie, Esq. (Guthrie and Larnach), Manager New Zealand Wood-work Manufactory. __. __ . Oamaru. His Worship the Mayor of Oamaru. George Sumpter, Esq., J.P. Thomas Proctor, Esq., M.M.C. Samuel Gibbs, Esq., M.M.C. Joseph Booth, Esq., M.M.C. J. Liddle, Esq., M.M.C. C. 8. Allen, Esq., Manager Bank of N<Jw Zealand. C. Galbraith, Esq., Timber Merchant. __. _ . . Melbourne. His Worship the Mayor of Melbourne. Alderman Aarons, John Andrew, Esq., M.L.A. Samuel Ames, Eeq., M.C.C. A. K. Smith, Esq., M.L.A. T. W. Mason, Esq. T. Millar, Esq. T. Y. Anderson, Esq. John Danks, Esq. «übjS e toSSprov2r tt ° rS b6Cn electCd to ** Penally, SOLICITORS ! Messrs Julius k. Balmer. Bankers: The Bank of New Zealand. Secretary : J. K. Brown, Esq. i~ * Jr? .fl* 3 **™ Stone Quarrying and Export Company" is projected for the purpose of further developing our valuable stone deposits, and to secure for it a much larger consumption in this and the neighbouring colonies. The enquiries of the promoters conclusively prove that the time has now come when the great facilities afforded ? m breakwater and the numerous lines of railway now opened should be more extensively utilised, and this branch of industry developed on a scale commensurate with its vast importance. By referring to the « Report and Evidence" it will be seen--W«lAw 0^* 17 - ex * e Pding from the Kakanui River to the Waitaki Plains abounds in stone deposits of the best description ; that numerous quarries are already being partially worked, and the supply obtainable is absolutely inexhaustible. a 'a°^' Tnatth £ exclusive right to work such quarries as maybe deeded upon can be acqired by a Company upon t2e most f avourable «,„«?!?• T* at I* th .v U3 S Ba °P erati °ns of a Company the present methods of working the stone may be vastly improved by the application of steam power, and the introduction of improved mSner\ and other appliances at every stage, from the quarries to its finalS Sring KSSfSFtaSt ' and Bwatfsr increasiQg the facmties and Kaw 4 twsf * wu pron !? ter ?' tner efore, are confident that not only will they absorb the entire local demand as well as the considerable JSST. Z^ hBS !?*?& bean carried on tQ DuneX, Christ! church and other parts of New Zealand, but they confidently anticipate an enormously increased trade with Victoria, where it has aSv Sefinlte C exten S - rable * me ? sion *' ** is ' in theii opinfonXable of indefinite extension. The investigation of the promoters abundantly proves that great injury has resulted from shipping stone in inferior vessels, as well as from insufficient and care ess stowage; thestone having been frequently delivered seriously damaged by silt Water and altogether unfit for building purposes, 'it will be the Vpeclal^btect of this Company to guarantee the proper delivery of tie Tstone and thus restore its reputation in the MelWne market. XotiRSS evil which has heretofore prevented its coming into more general use was the irregular nature of the supply, affording thus neiSe^uritv nor confidence i to those^ employed ft building operations The otS^ ters purpose placing a large quantity in a Melbourne depot/andCst i] ?l be in a position to execute the larfest contracts rouSdton C aiS^ fcWTOd With P^^patchf S'wcuS sth. They have only further to refer to the valuable testimony borne to the quality of the stone by so many .'professional men Sd others well competent to judge. Such a massof concluffve?vWence as to its extreme durability, its great strength, and otta j*rrtsSbte quahties, its purity and beauty, and the facility and l consequent^eco? nomy with which it can be mouglit ioto the mrtdSSSSlSrim