Page 1 Advertisements Column 7

Auckland Star, Volume XI, Issue 3240, 8 December 1880, Page 1

Prospectus. 4 BRIDGED PROSPECTU! OP Proposed Company for tho purpose of Workin: the Valuable Marble and other Minero Deposits at Crnwell k-ound. New Zsaland, TO BE CALLED THE CASWELL SOUND MARBLF PORTLAND uEMENT, AND MINING COMPANY. LIMITED. To be registered under "The Miuina Com pauy's Act, 1872." CAPITAL: £50 000 stkrli.vcj, in 10,000 snAßts at £5 bach ;' 5000 of which will be allotted a oncn, the balance being retainod for futun issue tbo original fharoholder3 retaining the right of taKing these up when issued a CALLb: en per share on apnlication, 5s on allot ment, tho balance in calls as required cf 10; per ("have, at intervals of not less than three months. Provisional Directorst: Hon. Edward Richardson, C.M.G., M.H.R., J.P., Christchurch Hon. J. T. Peacock, M.L.C., J.P., Christchurch Alex. Mcßae, Esq., Christchurch W. H. Pilliet, Esq., J.l'., Christchurch W. Stocks, Esq., Ohrlatchurch W. Hutchison, Ksq., M.H.K., J.P., Mayor, Wellington re. W. Mills. Ksq., J.P., Wellington Hon. J. A. Bonar, M.L.C., J.P., Hokitika McLean Watt Jack, Ksq., J.P., Mayor, Hokitlko Richard N. J.Reeves, Esq., M.H.U., J.P,, Nelson A. Stenhouse, Esq.,Dunedin George Munro, Ksq., Dunedin J. K. Georg', Esq.. A.M. inst. C.E. A. S. Chapman, Ksq , Wellington. Hon Skc, pro tern.: Charles Pownall, Esq., Wellington. How. Treasurer, pro tern: Alex. McKac, Ksq., Chriatchuroh. Bankers and Aqknts i Bank of New Zealand.Wellington, and Branches, Solicitors : Messrs Buller, Lewis, and Gully. Brokers and Temporary Offices op the Company; Messrs Charles Pownall & Co., Gray-street, Wellington. Manaqsr, pro tern: A. H. Alalculm, Ksq. Copies of Prospectus and'forma of Application for Shares can be obtained from the Brokers, Provisional Directors, or from any of tho Branches of tho Bank of New Zealand in this Colony, until tho 15th day of December, 1880, at which date all applications mußt be in ihe hands of the Brokers, when tho list will positively be closed and shares allotted. Specimens of Caswell Sound Marble can be seen at any of tho Museums in New Zealand; tho Chamber of Commerce, Wellington j or on application to any of the Officers of the ComJrfintrodncing this eligible investment to the notice of tho public, the promoters desire to state that the Company's rights comprise the best, most-available, extensive, and perhap3 most valuable Marble deposits in the known world, at all events in tbe Southern Hemisphere. This is sufficiently proved by Caswell eound Marble securing the first prize at tho late Sydney Exhibition against Italian Statuary and other valuable varieties. They aieo wi-n to dwell upon its known certainty, and nonspaculative character, the ultimate Bucce^sof this venture being now well established. The lowest quotation for this Marble is 12s per foot, and rdnges up to £5, Larger blocks, are, howovor, much more valuable, somo pure White Bt»tuaiy, without flawß, realising as much as £°0 000 sterling in Europe. Tho ordinary price for a block suitable for a life-size hu tan Btatue being about £1000. ll'ho prepent coat of producing this Marble by manual labor only is about 2s per cubic foot; f.o.b. These figures may appear incredible, but they are nevertheless abso utely 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 cent, profit. It is therefore, no visionary matter, ag these are lead ing commercial lines and the values well known, the facilities of production, shipment, high quality r t product, giving a vast ad vantago over any like property in tho world. W c will also venture to predict that the valoe of the Company's hares will ncrease at least 300 per oent. within twolve|months of isßue. Referring to consumption of these commodities, it is also enormous. The consumption of Marble, Portland Cement, abd Lime, in the Australian Colonies, alone during the last twelve months has been £2 872 600 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 edise. The Government of this colony has also promised to favourably consider special grants in concessions in aid as soon as the Company is euccessf ully floated. For farther particulars re other minerals found at the Sound, copper, coal, gold, &c, also the manufacture of hydraulic cement, linii, See., together with scientific, professional. Government, and other reports, with details of the objects and intentions of the Company, wo refer to the Prospectus, which can bo 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 Itheir brriCheß in his colony and Austra'ia. . - - - THE INDUSTRIAL & PROVIDENT PERMANENT BUILDING, LAND, AND INVESTMENT SOCIMI V OF AUCKLAND. Incorporated under the Building Sooiotie'j Act, 1880 • !..:.;./ BOARD OP MANAGEMENT :- President : thoma-) peacucr., jcq., mayor, Vice-Presidknt : aifrkd g. horton, esq. Treasurer: thomas macky, ESQ. DIRECIORS: MB GRAVfeB AIQKIN, MR GEO. HOIPSHIP, M« JAB. BLAIKIB, MR J. J. HOLLAND, JIR KD..BARII,Ity, MR JOIIN Itr.ARBnALt,, MB JAS. DACRB, MR C, B. STONE, J.'R H. G. WADE. . ' ■' bankkhs : national bank of nftw zealand. solicitor i mr. k. a. mackechnie. Manager : mr. gkorgb fraskr. R This Society is established on the. Mutual Permanent Principle; its object being as set forth in tho Rues, to enable its members 1. To purchase land for building purposes. 2. To cut chase or build dwelling-houses, business premises, and public buildings." 3..T0 boryow money: upon the security of land, dwellinK-houses, business premises, and public buildings.. 4. To redeem mortgages; ' 5. To invest money, in large or small sums, 1 • ■ without liability;' ■ 6. To provide means for the profitable in- ' ' ■ vestment of savings, and for other purpurposes, for the mutual benefit of its members. ,' • .■INVESTING SHARKS. 'M.l >M.i. The payments are so fixed that the humblest oan become members, whilnt at the same time every opportunity is. afforded for the investment of large amounts. ~ ( Investing Members are entitled to be credited with Interest at 8 per,cent per annum,: and share in tho Prbnts. BORROWING SHAKES. ' SThe money borrowed may be repaid by weekly, fortnightly, monthly, quarterly, ot yearly instalments in advance. l Borrowing members share in the profits, and may. with the consentof the Board, either reduce or extend the period over which the loan was originally made repayable "* Tho following table shows tho weekly and yearly payments required, for a given niimbet of years to repay a loan of £100 = five borrowed hares ot #20 each. .': . For 5 Sharesi vnnrlv ; .i: • ' — .Piftfl nearly Per Share of £20 ~ wou- - Interest ■ i. . : Per Poi ■•' Perwcek wofikannum Total. Percent. a. ri. s. d. £ s.d. £ s. d. £s. d. In 3 years 3 2 15 10 41 3 i 123 10 0 =:7.1G '. 8 In 4 years 2 6 12 6 32 10 0 130 0 0 = 7 10 0 In 5 years 2 1- 10 ■ 5 27 1-8135 8 4 = 7 1-8 In 6 years 1 ID II 2 23 16 8 143 9 2=? 7 410 In 7 years 18 8 121 13 1152 18 = 7 810 In-8 years: 1 6 7 6 19 16 015G 76= 70 llj InlO years 13 6 316 5 0162 16 3= 6 5 7J i A-person may at enco become a DprroWing member without first becoming an investing member. It is desirable, however, in all cases to join tho Society in the first instance as an in vesting member. If the pjison wishes after wards to purchase or build, the funds at th( credit of His inventing account can bo trans ferred to his borrowing account. . . : . Further particalars may be obtained from th< printed Rules of. the Society or ; from the Manager, or from any Member of the Board, Subscriptions and repayments are reoeivec any weekday during office hours, but the weeklj pay-day of the Spciety'is Monday. Temporary offlces-No. 8, South British In surance Buildings, Queen-street. Office Hours—Daily, 9to 5; Saturdays, ! till noon: Saturday Kvenings.6 till 8 o'clock. K-fWYA YAKDS DEESS STUFF OV/UV 4};i-J. COBgave&Cd. ' ' "D X M O V A L J. Maokinlay, Sign and Ticket Writer, ha removed from Darby-strfet to Elliot-street, i few doors above Cousins and Atkin, Coacl Builders. Writing done for the trade. SELLING OFF BOuTS AND SHOE? AT A DISCOUNT AND LOW j REDUCTION. I am still obligpd to let tho public have tb benefit of, my Large Stock of Boots and Shoe at a Great saerifica. Come early and securi for yourselves these Bargains. Best value eve known iv Auckland at the Shop of W, Johnstoi Victoria-street. [a card.] ~ Tt/T E EDWIN ' : CO X LICENTIATE IN DENTAL SURGERY OF THK I RO7AL COIjLKaK OS' SCBGEONS, ENGLAND/ Osborne House, Hobson-street. ■im j. m v s a &. .c c LAND iAND ESTATE AGENTS, : : . - .SnoRTLAND-aißitaT. . ■, l Properties entrusted to n.s have the add itiom advantage of being placed on Moss, Ilaine an . Co.'s Central Registry jn Wellington. ' We mak no charge unless pales are effected. See als or ad vorlisemont On fourth page.