Page 19 Advertisements Column 1

New Zealand Tablet, Volume VII, Issue 337, 3 October 1879, Page 19

PROSPECTUS OP THE COLONIAL CLOTHING MANUFACTURING COMPANY (Limited). J*Hstered under the Provisions of the Joint Stock Companies Act. , Capital ... ... ... ... £10,000. ! in o JOO shares of £2 each, of which it is proposed to call up 10s ocr Share, payable as follows :— 2s 6d on application, 2s 6d on allotment, and 5s three months after date of allotment. The balance m?y be called up by the Directors if required for the purpose of extending the business of the Company ; but no call to exceed 5s per share at intervals not less than three months. Provisional Directors : J. Sibbald, Ef?q. M. N. Cooper, Esq. A, Armstrong, Esq. Henry Roach, Esq. A. T. Dunning, Esq. J. T. Roberts, Esq. W. Quick Roach, Esq. Broker : Mr. Robert Seward. Bankers : The National Bank of New Zealand. Solicitors : Messrs Bathgate and Buchanan. Ist. The promoters have purchased from the Trustees of the assigned estate of Messrs Aitken, Pascoe and Co., for cash, the lease, plant, and goodwill of their clothing manufactory, and purpose arranging for the further purchase of such woollen and other piece goods as may be advantageously secured. Sufficient capital having been subscribed, operations were commenced on the Ist August last, *and the factory is now in full working order. 2nd. It is somewhat remarkable that, throughout the New Zealand Colonies, there is no clothing manufactory whose operations are strictly confined to wholesale transactions, although the demand may be considered as almost unlimited. The Company may therefore rely on doing a very considerable and profitable trade. 3rd. The services of Mr. T. Gluyas Pascoe have been secured as manager, who for many years has so successfully managed the largest clothing manufactories of Victoria, and whose thorough knowledge of the New Zealand trade will enable him to immediately place the manufactured goods in the market. The large trade done by the firm of Aitken, Pascoe, and Co., can be largely increased under the present Directory. 4th. The Promoters feel confident (more particularly so as the balance sheet of the late firm shows a profit of over 20 per cent, on the capital invested in nine months' working) with adequate capital and judicious management the undertaking cannot but prove a most profitable investment for the shareholders. sth. A great number of the shares have already been subscribed for, and the balance are now offered to the public. Intending subscribers should make early application to the Broker, Mr. Seward, 98 Princes street ; Mr. J. T. Roberts, Manse street ; at the office of the Company, High street (late City Club) ; or at any of the Branches of the National Bank of New Zealand. Tyi ACLEAN BROTHERS, WOOL AND GRAIN BROKERS AND STOCK SALESMEN. We hold sales as under :—: — j Wool at Stores, Princes street, Fridays at 3 o'clock. Sheepskins, Hides, and Tallow, Mondays at 11 o'clock. Fat Stock at Burnside Sale Yards, Wednesdays at 11.30 o'clock. General Sales anywhere in the countrj as may be arranged. The stores are connected by siding with the main railway line as also are the Sale Yards at Burnside, so that parties at a distance where we have no agency may rely upon Stock or Produce put upon he railway waggons, reaching our hands duly. We make advances I*. upon Stock, Wool, Grain or other produce for sale in the market or for shipmsnt. MACLEAN BROTHERS, Dunedin and Balclutha. JOHN CARROLL, HOTEL VALUATOR, (Cabroll's Hotel), GEORGE STREET (Near Octagon), DUNEDIN.