Page 3 Advertisements Column 4

Gisborne Times, Volume XXVI, Issue 2175, 27 April 1908, Page 3

GISBORNE PLUMBING AND PAINTING WORKS. F. HALL AND SONS, MANUFACTURERS Spouting, Downpipe, R|dging, Guttering, Tank*, Baths, Chimnoys, Portable Copper Boilers and frames, Dairy Utonsiils, Etc. ALWAYS ON HAND— . . LARGE STOCKS of Corrugated Iron, Plain Galvanised Iron Sheets, black and Galvanised Gas and Water Pipes and Jottings (all sizes). PUMPS, RAMS, AND HYDRAULIC WINDMILLS Erected in any part of the District.# HOT AND COLD WATER FILTERS. If you want SOMETHING SPECIAL, Call and See U«. SPECIAL DISCOUNTS TO THE TRADE. Having a Largo Staff of Competent Workmen, all work entrusted to us will be satisfactorily done, and with the quickest despatch. HOUSE, SIGN, AND D ECORATIYE PAINTERS, LARGE STOCKS of Wall Papers, Mixed Paints, Oils, Leads, Varnishes and Trade Requisites. Doing DIRECT IMPORTERS, we are in a position to DEFY COMPETITION in these Goods. „ • , F. HALL & SONS, Proprietors. J. S. ALLAN, Manager, Plumbing Department. PROSPECTUS OF

1. Directors: — ERNEST GItUNDY, of Gisborne, Cabinetmaker, Managing Director GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer, Managing Director , FRANCIS STAFFORD, of Gisborne, limber Merchant JOHN JOSEPH ROSSUOTHAM, of Gisborne, Tailor CHARLES DANIEL MALCOLM ROSIE, of Gisborne, Draper ROBERT ROBERTSON, of Gisborne, Clothier THOMAS CORSON, of Gisborne, Agont INTERIM SECRETARY: C. G. PIESSE, Public Accountant, Adair’s Buildings, Gisborne. 2. Tho objects and powers of the Company are sot out in the Memorandum of Association, a copy of which can be obtained from the Secretary, 3. Tho Capital of tho Company is £5,000, divided into 5,000 shares of £1 each. 4 Of tho above-mentioned shares 1,800 shares, representing 1,800 of the Company’s nominal capital, are to bo issued and credited as paid up m full in part consideration of the sale to the Company, particulars of which are given in paragraph No. G hereof; such further shares as may be necessary to satisfy the balance of consideration ior such sale as may bo found to be duo shall be issued and credited as fully paid up on tho ascertainment of such consideration, as provided in such contract of sale. A further 2,000 shares are now offered to the public for subscription, to bo paid as follows. j,j V 6 pGr s i iare on application Five shillings per share on allotment, And the balance by calls of os per share at periods of not less than three months’ interval.. o. Tho minimum subscription on which the Directors may proceed to allotment is 1,000 shares. 6. This Company has been formed for tho following purposes (1) To acquire and carry on tho business of Messrs Grundy and Shen- \ nan, of Gisborne, Cabinet-makers, Upholsterers, Carpet Salesmen, and Furniture 'Warehousemen. (2) To acquire and undertake tho whole or any part ot the business, goodwill, assets, property, rights, or undertaking of any person, firm, or company carrying on or having power to carry on any business as Cabinetmakers, Upholsterers, Carpet Salesmen, Furniture Warehousemen, ortho like, which this Company has power to carry on under its Memorandum of Association. (3) And, as set out in the Memorandum of Association, a copy whereof forms part of this Prospectus. 7 The names and addresses of the Vendors of the said business of Grundy and Shenuan, being the property now proposed to bo purchased or acquired by the Company, are:— ERNEST GRUNDY, of Whataupoko, Cabinetmaker GEORGE VINCENT SHENNAN, of Gisborne, Upholsterer. 8 T'lio amount to bo paid to the said Ernest Grundy and George Vincent Slieunan, as such Vendors, is tho sum of £3OO for tho goodwill of the said business and tlie leasehold property of Messrs Grundy and Shennaii, to be paid in 300 fully paid-up shares in the sand Company, and a further sum representing tho stock-in-trade, plant, book debts, and furniture belonging to the said firm of Grundy and Shenuan, to bo ascertained by a valuation to be made as at tho date when tho Company shall be entitled to commence business, is to be paid to the said Ernest Grundy and George Vincent Shenuan for such stock-in-trade, plant, book debts, and furniture. Such consideration shall be paid to the Vendors in the following proportions namely:—For the goodwill, leasehold properties, stock-in-trade, plant furniture, and .book debts, as at the 30th day of June, 1007, in the proportion of twenty-two forty-sevenths to the said Ernest Grundy, and twenty-five forty-sevenths to the said George Vincent Shennan, and for any increased value in the said business since the said 30th day of June, 1907 up to the date when the. Company is entitled to commence business, in the proportion of three-fifths to the said Ernest Grundy and two-fifths to the said George Vincent Shennan. 9 Tho preliminary expenses of and incidental to the formation and establishment of the Company and until tho Company shall bo entitled to commence business are estimated to amount to £SO, and will bo borne by tho Company. 10 The Company has agreed to pay a commission at tho rate of £5 per centum on all shares subscribed in lots of 200 or under, and £2J per cent. <m all shares subscribed in lots of more than 200. 11. Mr. Ernest Grundy and Mr. George Vincent Shennan, Managing Directors, are interested in tho promo tion of and in the property proposed to ho acquired by the Company to tho extent only of their interests as Vendors under the contract, particulars of which are given in Clause 8 hereof. 12. A Director’s qualification shall ho 50 shares. Tho Directors shall be paid out of tho funds of the Company, by way of remuneration for their services, such sum or sums as tho Company may from time to time fix at a general meeting, and such remuneration shall be divided amongst them in such proportion and manner as tho Directors may determine. 13. Tho stock-sheets and balance-sheet of. Messrs Grundy and Shennan, copies of tho Memorandum and Articles of Association of tho Company* and of the Contract referred to' in Paragraphs No. 6 hereof, can be inspected at tlie offices of Messrs Chrisp and Coleman, tho'Company’s Solicitors, Lowe Street, Gisborne, during business hours. 14. Applications for shares should be made upon tho necessary form, and sent to Mr. C. G. Piesse, Interim Secretary, together with the amount payable on application. Copies of tho Prospectus and forms of application for shares may bo obtained at the office of Mr. C. G. Piesse, Adair’s Buildings, Lowe Street. 15. This Prospectus has been duly filed with the Registrar of Joint Stoclr Companies. Dated the sixteenth day of March, 1908. ERNEST GRUNDY CHARLES DANIEL MALCOLM ROSIE G V. SHENNAN ROBERT ROBERTSON FRANCIS STAFFORD THOS. CORSON J. ROSSBOTHAM Witness to Signatures—O. G. PIESSE, Gisborne.

EVANS. NIELD and COMPANY. gAWMILLERS, fjRMBER AND JJARDWARE HANTS, Keep in Stock and Sell at LOWEST CURRENT RATES—SAWN AND DRESSED KAURI, RfMU, AND TOTARA. All Sizes and Qualities to Suit Local Building Requirements. Every Description of Builders’ Hardware Stocked. NEWCASTLE, WESTPORT, AND TAUPIRI COAL (Screened, Steam, and Smithy). Agents— . Alliance Assurance Company, Limited (Fire and Marine). Schooner “Awanui.” Office and Yards— Upper Gladstone-road. EVANS, NIELD & COMPANY jgrOTEL, GLADSTONE-ROAD, GISBORNE. FRANK HARRIS, Proprietor. Wine* and Spirits of the Very Beat Brands Procurable. Special Attention Afforded the Travellina PT.blio, MICRO! MICRO! MICRO! A MEDICATED SOAP.