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PROSPECTUS Of the OTAGO SLATE COMPANY (LIMITED.) Capital ; £100,000 (In 50,000 Shares of £2 each.) Calls — Two Shillings and Sixpence per Share on application ; and Two Shillings and Sixpence per Share on allotment. It is antipated that no further Calls will be made upon the Shareholders until such time as it may be found necessary to construct a Branch Railway to connect ths works with the Main Line of Railway at Maheno or Otepopo. The present Proprietors of the 1 Slate Quarry agree to dispose of their interest to the Company for the sum of £15,000, of which amount, according to the certificate of W. N. Blair, C.E., £7500 have been already expended in permanent works. For this sum of £15,000, the present Proprietors of the Quarry will take payment in fully paidup Shares, and imdertake not to dispose of any portion of their interests for a period of two years. Provisional Directors :— Hon. Robert Campbell, M.L.C. ; Henry Driver, Esq,, M.H.It. ; G. G. Russell, Esq, (National Mortgage and Agency Company) ; George Whittingham, Esq. (Whittingham Bros, Melbourne); Walter Gutbrie, Esq. (Guthvie and Larnach); John Davie, Esq. (McLandress, Hepburn & Co.) ; John Mitchell, Esq. (Fergusson and Mitchell) ; Dr. Hoeken ; James Hazlett, Esq., J.P. (Mackerras and Hazlett) ; T. S. Grahame, Esq. (Bing, Harris & Co.) ; James Mills, Esq. (Union Steam Shipping Co.) ; B. Sievwright, Esq. (Sievwright & Stout.) ; W. C. Roberts, Esq., J.P. (Manager Bank of New Zealand) ; James Marshall. Esq. (Marshall & Copeland) ; Keith Ramsay, Esq., J.P. ; James M'Kay. Esq. (Proudfoot & M'Kay), with power to add to their number. Bankers :— Bank of New Zealand. Solicitors : — Messrs. Sievwright & Stout. Broker :— J. B. Bradshaw. Secretary jj;-a. tern.: — James T. Mackerras. Applications for Shares will be received by the Broker for the Company, J. B. Bradshaw, Esq., Dunedin. Also, by the Managers of all the various Branches of the Bank of New Zealand throughout the Colony, from whom copies of the Prospectus and Forms of Application can be obtained. Share List will be closed on Ist September.

PROSPECTUS OF THE AGE NEWSPAPER COMPANY, LIMITED. Capital £3000. In 3000 Shares of £1 each. OE which it is proposed to call up 15s per Share, payable as follows : 2s. Gd. oa application, 2s. GM. on allotment, and the balance in equal instalments at one, two, four and six months. Provisional Directors— Daniel Campbell, Esq., G. W. Elliott, Esq.. Ralph Ewing, Esq., W. H. M'Keay, Esq., J. T. Roberts, Esq., R. Hudson, Esq., Alex. iDglis. Esq., John Findlay, Esq., J. J. Connor, Esq. Solicitors — Messrs. Bathgate and Buchaunan. Bankers — The Bank of Australasia. Brokers — Messrs. Street and Morris. General Manager — Daniel Campbell. Interim Secretary -J. H. Clayton. The AffE NEWSPAPER COMPANY is formed for the purpose of acquiring and extending the usefulness of the Age, a journal which has now bean established nearly three years, and whose outspoken expressions of opinion on matters affecting the welfare of the community have been received with numerous marks of public favour. The esteem in which the Age is held as a faithful exponent of public sentiment, gives a promiso of a prosperous future for that journal in the bauds of an extended proprietary. The Job Printing business will also bs acquired, and should prove a lucrative source of income to the Company. An examination of the books of the present proprietor shows a profit from September 1, 1577, to June 30, 1878, equal to a 10 per cent, dividend on the capital of the Company. With careful management there will be every reason to expect much larger returns in future, as a considerable amount of support has been promised the Company. Mr. Daniel Campbell has consented to act as Managing Director, subject to the approval of the shareholders. The Provisional Directors would point to the fact that the Age has proved itself a valued and consistent advocate of all matters which more particularly affect the working classes ; and in order to make it the PEOPLE'S PAPER in every sense of the word the Shares have been fixed at £1. thus enabling the artisans and operatives of the City to participate as shareholders in its material prosperity. The plant, copyright, and book debts have been valued by competent persons at £1662 2s. lid ; and the company will acquire the property at this sum, free of all liabilities. The provisional directors have arranged to take over the business as from- July 1. Intending Shareholders are reminded that this Company is formed for the purpose and extension of an existing business. The risks attendant on a new venture are therefore avoided. Over 1000 Shares are taken up ; the balance are now offered to the public. Prospectuses and forms of application may be had from Messrs. Street and Morris, Liverpool street : or from J. H. CLAYTON, Interim Secretary.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18780809.2.42.1

Bibliographic details

New Zealand Tablet, Volume VI, Issue 275, 9 August 1878, Page 19

Word Count
789

Page 19 Advertisements Column 1 New Zealand Tablet, Volume VI, Issue 275, 9 August 1878, Page 19

Page 19 Advertisements Column 1 New Zealand Tablet, Volume VI, Issue 275, 9 August 1878, Page 19