The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-04-22 00:00:00

MANCHESTER. AND LIVERPOOL UNION
DISTILLERY COMPANY.
CAPITA! £200,000, IN X 2,000 SHARE'S AT £lO EACH.

. .
THE great benefit which has resulted to the Public and to
Subscrilfers from the establishment of Joint Stock Com-
panies, where a larger Capital than ordinary is reAuisite to effect
any particular object, is too well known an ' appreciated to
need any lengthened illustration or commen
The immense fortunes which have been re• zed from the dis-
tillation of spirits induce astonishment that e public has not
long since adopted a plan participating_ in the enjoyment of
sonic of its advantages.

These considerations have induced the Projectors of the
present undertaking, who principally reside in Manchester, to
call public attention to the subject, and to determine on the
establishment of a Joint Stock Company, with a subscribed
capital of &IMMO, although it is anticipated that not more
than half that sum will be actually required.
From the greater conveniences afforded by the loCal situation
of Liverpool, it is intended that the business of the Company
shall be carried on in that town; and the projectors of the un-
dertaking have possessed themselves of such information on the
subject as enables them very confidently to hold out to the Sub-
scribers, that, as compared with the numerous companies which
are in progress a formattion, this affords as good a prospect as
any of a profitable and steady return on the capital to be in-
vested.

It is proposed that One Shilling per Share shall be paid en
allotment, to defray the necessary expenses of the formation of
the Company.
That £1 per Share be paid 21 days after the election of the
Directors.

That £2 Per Share shall be paid within three months from
that date.

That any further calls shall be made when required by the
Directors, not exceeding £2 per Share at any one time, and of
which one month's previous notice shall be given.
' That, when.6ooo Shares shall be taken, the Company shall
be considered 'as formed, and a Meeting summoned lo elect a
Board of Directors, which shall' consist of Seven Shareholders,
holding not less than 100 Shares-each, and who shall continue
in office two years, when two shall retire annually, but he quali-
fied for re-election.

That a holder of Ten Shares shall be entitled to One vote;
Twenty Shares, two votes; Fifty Shares, three votes; and of
One Hundred Shares and upwards, five votes.
That Shareholders may vote by proxy,,suth proxy being a
member of the Company.
And, in order that the liability of Shareholders may be re-
stricted to the amount of their subscribed capital, a clause
shall be inserted in the deed of settlement, providing that, in
case one-fourth of the paid-up capital be lost in any given pe-
riod, the Company shall forthwith be dissolved, unless two-
thirds of the proprietors shall otherwise determine, at a General
Meeting of the Shareholders to be called for that purpose.
Applications for Shares to be made, with names, professions,
and residence, addressed to the Provisional Committee, to
Messrs. ROWLINSON, HowA►tu, and WYCHE, Solicitors, 32
Drury-lane, Liverpool; or to Messrs. THOMAS MAIN and Co,'
24, Exchange-alley North, Liverpool, from whom Forms of
Applications and Prospectuses may be obtained.