Page 1 Advertisements Column 7

Auckland Star, Volume XI, Issue 3220, 15 November 1880, Page 1

.Prospectus. THE INDUSTRIAL & PROVIDENT PERMANENT BUILDING, LAND, AND INVESTMENT SOCIETY OF AUCKLAND. Incorporated under the Building Societioa Act, 183U BOAIIO OJ? MANAGEMENT :- PrKB'DBNT : THOMAS PKACOCK, BSQ., MAYOR. VIOK-PHKSrDicNT : AM'-KKD O. IIOHTON, ESQ. TREABUHEK : THOMAS MICKY, KSQ. , DIRKCIOKS: MIS QKAVKS AICKIN, Mil GEO. lIOLDSHIP. Ml* JAS- HLAJKIK, Mbt J. J. HOLLAND, MR KD. DAUILBY, MU JOHN MARSHALL, MX JAB. DACRK, Jilt C. 15. STONE, MR H. G. WADE. Bankkhb: national bank ok new Zealand. SoucrroK : mh. b. a. mackechnik. Manager : mr. georgk fhabkr. T This Society is established on the Mutual Permanent Principle ; its object being as s«t forth in the Rues, to enable its members 1. To purchase land for building purposes. 2. To purchase or build dwelliner-houses, business premises, and public buildings. 3. To borrow money upon the security of land, (iwoUinH-hougos, buainoss premises, and public buildings. i. To redeem mortgages. 5. To invest money, in Urge or small sums, ■without liability. G. To provide means for tho profitable investment of savings, and for other purpurposes, for tho mutual benefit of its member.-:. INVESTING SHARKS. The payments are so tlxed that the humblest can become members, w,hilstat tho same time every opportunity iaalforded for tho investment of large amounts. : ' Investing Members are entitled to bo credited with Interest at 8 per cent per annumy and share in the Profits. BORROWING SHARKS. The money borrowed may be repaid by weekly, fortnightly, monthly, quarterly, or yearly instalments in advance. Borrowing members share in the profits, and may, with the consentof the Board, either reduce or extend the peripd over which the loan was originally made repayable. The following table shows the weekly and yearly payments required for a given number of years to repay a loan of £100 = five borrowed shares o( £20 oach. Fo- s jftnare9 Yo*rly PerSharoof£2o -*"»>•. _ Interest. Per Pci Per week we«k annum Total. Percent. 8. rt. s. d. & s.d. & s. d. £s. d. In 3 years 3 2 15 10 41 3 4 123 10 0 = 7 10 8 la i years 2 C 12 fi 32 10 0 IHO 0 0 = 7 10 0 In 5 years 2 1 10 5 27 1 8135 8 4 = 7 1 8 In G years 1 10 0. 2 23 10 8 143 9 2=7 ilO In 7 yews 18 8 i 21 13 4 152 18=7 810 In 8 years 1 C 7 G 19 IG 0 150 7G = 7 0 111 InlO years 13 C 3 IG 5 0 IG2 IG 3= 6 5 7i A person may'at ence become a borrowing member without ilrst becoming an investing member. It is desirable, however, in all cases, to join the Society in the Ilrst instance as an investing member. If the parson wishes afterwards to purchase or build, tho funds at tho credit of his investing account Cm be transferred to his borrowing account. Furthor particulars may bo obtained from the printed Rules of the Socioty. or from the Manager, or from any Member of the Board. I Subscriptions and repayments aro received any week day during ofllce hours, but the weekly pay-day of tho Society is Monday. Temporary offices-No, G, South British-In-surance Buildings, Queen-atreot. Oflicc Hours—Daily, 9 to 5; Saturdays, 9 till noon: Saturday M,veninga,G till 8 o'clock. A BItIDGED PROSPECTUS J\. of Proposed Company for the purpose of Working tho Valuable Marble and other Mineral Deposits at Caswell Sound, New Zealand, TO HE CALLED THE CASWELL SOUND MAEBLE, POKTLAND uEMENT, AND I MINING COMPANY, \ LIMITED. To be registered under " The Mining Company's Act, 1872." CAPITAL: £50,000 btrrlijtg, in 10,000 siiarics, ' AT £5 baob ; 5000 of whioh will be allotted at once, the balance being retained for future Issue, the original Shareholders retaining the right of talcing theso up when issued at par pro ratiV. CALLd : 5* per share on applicition, 5s on allotment, the balance in calls as required of 10a per share, at intervals of not less than three months. j 'Provisional. Directory: Hon. Hdward Richardson, C.M.G., M.H.R., J.P., Christchurch ■ Hon. J. T. Peacock, M.L.C., J.P., Christchurch Alex. MoKae, Ksq.. Christchurch W. H. Pilliet, EBq., J.P., Christchurch W. Stocks, Esq., uhristehurch W. HutchisOD, Ksq., M.H.K., J.P., Mayor, Wellington K. W. .Mills. Ksq , J.P., Wellington HOn. J. A. Bonar, M.L.C., J,P., Hokitika McLoan Watt Jack, K»q., J.P., Mayor, Hokitika Kichard N. J. Reeves, Esq., M.H.R., J.P,, Nelson A. Stenhouso, E»q., Dimedin George Munro, Esq., Dunedin J. R. Georg», Esq.. A.M. Inst. C.K. A. S. Chapman, Usq , Wellington. Hox Sec, pro tern.: Charles Pownall, Esq., Wellington. Hon. Tbkasdrer, pro tern: Alex. McKae, Esq., Christchurch. Bankers and Agents i Bank of New Zealand .Wellington, and Branches. Solicitors : Messrs Buller, Lewis, and Gully. Brokers and Temporary Offices op the company : Mes9ra Charles Pownall & Co., Gray-street, Wellington. Manager, pro tern: A. H. Maloolm, Esq. Copies of Prospectus and'forme of Application for Shares can be obtained from tho Brokers, Provisional Directors, or from any of theßrancheß ot the Bank of New Zealand in thiß Colony, until the 15th day of December, 18S0, at which date all applications must be in the hands of the Bipkers, when the list will positively be closed and eharcs allotted. Specimens of Caswell Sound Marble can be seen at any of the Museums in New Zealand; the Chamber of Commerce, Wellington; or on application toaDy of the Officers of the ConiPflSi introdnolng this eligible investment to the notice of tho public, ilie promoters desire to state that tho Company's rights comprise the beßt, most available, extensive, and perhaps most valuable Marble deposits in the known world, at all events in the Southern Hemisphere. This is sufficiently proved by Caawell sound Marble securing the first prize at the late Sydney Exhibition agalnßt Italian Statuary and other valuable varieties. They also wish to dwell upon its known certainty and nonttpeoulative character, the ultimate success of this venture being now well established. The lowest quotation for this Mariile is IBs per, foot, and ranges up to £5, ' Larger blocks,' are, however, much more valuable, some pure White Statuary, without flaws, realising as much as £20 000 sterling in Europe. The ordinary price for a block suitable for a life-size human statue being about £1000. The present coat of producing this Marble by manual labor only is about 2s per cubio loot, f.o.b. These figures may appear incredible, but they are nevertheless absolutely correct. This, taking the cost of production as stated and the very lowest wholesale quotation at 123 per foot, gives the apparently fabulous minimum rate of 500 per oont. profit. Itjs, therefore, no visionary matter, as these are leadIng commercial lines and the1 values well known, tho facilities of production, shipment, high quality of produot, giving a vast advantage over any like property in the world. Wowillalsoventure to predict that the valao of the Company's hares will iicroase at least 300 per cent, within twelve|months of issue. Referring to consumption of these commodities, it is aIBO enormous. The consumption of Marble. Portland Cement, and Lime, in the Australian Colonies, alone during the last twelve months has been £2,872,G00 sterling, and rapidly increasing. Caswell Sound is a commodious and safe harbor ior the largest vessels in all weathers, the works of the Company being situated at the water's edue. ■ The Government of this colony has also promised to f avourubly consider special grants in concessions In aid as soon as the Company is suoqpsgfully floated. For further particulars rp other qtfnerala found at tho Sound,copper, coal, gold, Sen., also the manufacture of hydraulic cement, lime, &c, together with scientific, professional, Government, and other reports, with details of the objeots and intentions of the Company,. we refer to the Prospectus, which can be obtained upon application to any of the officers of: the Company or from Company's] Agents, the Bank of New Zealand, Auckland, or at any of their branches in this colony ami Australia. ; YOUNG. "WOMEN'S '"INSTITUTE AND BOARDING-HOUSE, ...,.'; .;■ , IQUEENrBTREET. i: ■ Open dally from 10 a.m. till 0.30 p.m. Dinner and Luncheon from 12 to 2 p.m. Tea from i to 7 p.m. - Boarding-houso for Young Ladies who are occupied during the day. Terms on application to the Secretary. W orklng Parties and other Social Gatherings are held during the week. ' Governoas Agency and Lending Library In connection "with the Institute, JCOSGRAVE AND CO. aro now Open- . ' ing their Large Summer Shipments. ■ FENCING.— In consequence of dull times, I havo Heduoed' my Prices for every kind of Fencing. Now is your time for a good Fence at Low Price. . I Have for eale' Purirl Posts, from £1 to £6 5s per 100; Heart Kauri do, Is each; Hobarton Rails (dressed), 953; Titrce Rails (dressed), 60s: Splendid Split Bata Firewood, 12s per ton, delivered. SAM..WHITB, . , Opposite Britomart Hotel. X v d', A T H to Roth's Pnblio Hot, Cold, and Shower Baths. Viotorla - street East. Charge, ONK SHILLING. Open all week days from 7 a.m. to g p.m., and Sunday Mornings from 6 till 10 a.m. The Bath-rooms are all private, and supplied with every oonyenienoe, Turkish-towels, lesh and hair brushes, combs, respirators, soap, feo .Select bath-rooms (private) for Ladies every day, at all hours, with female attendance, Onk Shilling. Please note the address t—Victoriastreet East, above the Greyhound Hotel, and next the Cheap Bedding and Furniture Mart' Auckland i - ■ " '. ■ '.r" •' J, I 7 •*: ■•■ ' v '■ !-]' )