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PROSPECTUS OF THE -VTEW ZEALAND RAILWAY WAGGON COMIX PANY, LIMITED. Capital ... ... ... £100,000. In 10,000 shares of £10 each, of which it is proposed to call up £0. viz. :—ss: — 5s on application ; .js on allotment ; and the balance in calls of 10s each, at intervals of not less than three months. Provisional Directors— G. G. Russell (National Mortgage and Agency Company of N.Z.) ; Henry Driver, M.H.R. (New Zealand L(&n and Mercantile Agency Company) ; W. H. Cutten, M.H.R. ; Davie (M'Laudress, Hepburn and Co.) ; James Mills (Union Ship Company of New Zealand) ; William Evans (Timaru); John M'Gregor, C.E. ; Jas. P. Maitland (Commissioner of Crown Lands) ; Walter Guthrie (Guthrie and Larnach's New. Zealand Timber and Woodware Factories Company, Limited) ; P. C. Neill (Neill and Co.) ; T. S. Graham (Bing, Harris and Co.) ; Allan Holmes (Solicitor). Bankers — National Bank of New Zealand, Limited. Solicitor — A. Holmes. Broker — J. A. Mackenzie. This Company is promoted with the view of supplying the great and increasing want of rolling stock on the Government railways. It is a well-known fact that, ever since the railways in this island have been opened, the supply of trucks has been quite insufficient for the needs of the system ; and as the lines are extended, and the traffic increases, the evil is becoming more and more seriously felt. All classes using the railways for the transmission of goods, grain, minerals, &c, have already suffered more or less inconvenience and loss from this cause, and will continue to do so even more severely, unless steps are taken at once to remedy this state of matters. Already the Government rolling stock is greatly overtasked, and with the completion of the main line between Christchurch and Invercargill, and the branch lines now in course of construction, will be still more so ; and it is quite certain that, owing to the heavy expen-

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https://paperspast.natlib.govt.nz/periodicals/NZT18781011.2.43.1

Bibliographic details

New Zealand Tablet, Volume VI, Issue 284, 11 October 1878, Page 19

Word Count
307

Page 19 Advertisements Column 1 New Zealand Tablet, Volume VI, Issue 284, 11 October 1878, Page 19

Page 19 Advertisements Column 1 New Zealand Tablet, Volume VI, Issue 284, 11 October 1878, Page 19