Page 3 Advertisements Column 3

Auckland Star, Volume XXXVIII, Issue 93, 21 April 1902, Page 3

Carpets! Carpets! C&rpjetsf Mailing enlarged our carpet room We ■have introduced new facilities Oft displaying. The largest, afid ;fee3flighted carpet room in i^wft.—Toiison Garlick Goy.-i-Ad:. . ......

PROSPECTUS OF THE lAUPIEI SAWMILL CO, LIMITED. Filed with Kegistrar Joint Stock Companies, 16th April, 1902. CAPITAL £30,000, DIVIDED INTO 30,000 SHARES OF £1 EACH. 15,000 SHAKES are now offered to the Public on the following terms;—s/- per share oil application; §/- petf share on allotment; 5/- per share to be called tip within six months after incorporation, afid ifidji further calls thereafter as may be required. SEVE^ PER GENT. (7 per cent.) INTEREST GUARANTEED FOB FIRST THREE' VIA&3 &!, VENDORS ON T*HE SHARES ISSUED. BUSHES. The Bushes secured by the 'Company contain 100,000,000- feet of first-class Kahikatea, Ilium and Matai. The principal Bushes are within 70 miles of Auckland by rail. The Company can also COMPETE SUCCESSFULLY IN THE EXPORT TRADE by sending timber direct by raft or punt from the Bush (in baulk) or from the Mill to the ship's side in the Waikato River. -,' ■ THE ASSETS. THE ASSETS (including the. book debts, which are GUARANTEED) are Valued at £37,693 os. lOd. THE PROFITS It is estimated that included in the 100,000,000 feet of the Company's Bushes,, there are at least ~ 25,030,000 feet of good building Rimu. Taking the average all round, profit at, say, 2s. 6d., per 100 feefc (which is below the present profits' earned), it gives the handsome return of £125,000 in cutting out the Company's Bushes. . ■ -*— ■'; ; ;..' : j*; THE BUSHES have been reported upon by RICHARD MONK, Esq., M.H.R., and Mr. R. &V" BRAMLEY (Bush Inspector for the Mitchelson Timber Co., and late Bush Inspector for the Kami • j Timber Company). .■ ;. , % ■ ■.■;.; ~ ; ■■;-.:'. r ; Auditor to the Company: ; ' W. BEAMISH A.. MORRISON, F.S.A.A., England. f1 ,, ; . Bankers: !<;*'" BANK OF NEW ZEALAND. Solicitor: t-f i« MR. C. J. PARR, VICTORIA ARCADE, AUCKLAND. , isal Joint Secretaries: :<■: W. R. HOLMES, F.1.A.N.Z., and E. CANAVAN SMITH, 28 S SHORTLAND STREET, AUCKLAOT) ' ■ .... ... (Opposite Messrs. Gillies and Colbeck). P.O. Box 517. Prospectus containing Full Particulars may be obtained from tile Secretaries, and from the membra lof the Auckland Stock Exchange. - ' ,