Page 2 Advertisements Column 7

Dominion, Volume 4, Issue 986, 29 November 1910, Page 2

IPALMERSTON NORTH. ' ■^--^-^Tfrffifj TARIFF Bs. ff o£^— — T^ - " : ..'. Jj. MM "~*i— --— Sample Rooms Adjacent. __.___^------ - ,:■,..,,/l ,; J _ j j"!? a n t !, l Yau?Maats A ll 8 tboinmn .picmra theatre, rink, tennis, . and ; ■ ■"'■' sFORis : coiPANY s : iiira \ y TO BE INCORPORATED UNDER "THE COMPANIES ACT, 1908."-. . . CAPITAL .£20,000 DIVIDED INTO .20,000 SHARES OF £1 EACH. ''. ',■" Of the above Shares 3900 are to be issued and credited as fully paid up, and, a 8 below mentioned, the ,remaining 10,100 Shares are now offered;for public sub- ' ! Scription payable as follows:— - . 2s. 6d. per Share on application. 2s. Gd. per Share on allotment. 15s. per .' Share payable in calls of not more than Is. per Share at intervals of .- -not less than one month as mav be determined by the Directors." .It:'.. , is not anticipated that it will be necessary to call up more than ios. per Share (including the amounts payable on application and allotment). . • , • • Provision will bo made in Articles of Association for the division of the profits. , of the Company among the members in proportion.to "the capital paid up forth?,--' time being on the Shares held by them respectively. .-.-;;■ '■••"«»'' ; 'DIRECTORS. '.'• :: '': :',- The following gentlemen will hold office as Directors until the 'first General: ■Meeting;— ..--.. ■". '.' ; Names. ■ ■' - ' Addresses. Occupations. , HERBERT PEARSON. RAWSON ', -• "Wellington Dentist, i HORATIO DTJJIVILLE 'NELSON. ■.'•"■;".•'.'- "Wellington Merchant , ARTHUR EDWARD WHYTE . ". ' 'Wellington.'. --" -Secretary ! , DR. CHARLES PRENDERGAST KNIGHT Wellington Solicitor':. ' BANKERS-THE BANK OF NEW SOLICITORS-MESSRS. 'CHAPMAN, ' ' - . ZEALAND.. . '. . SKERRETT, WYLD3 AND TRIPP. ~ INTERIM 'SECRETARY-E. R. BROKERS WOODHOUSE TROWEB . " DYMOCK. . . AND.CO. ' . • • : i • •: .' ■ '"" 8 and 10 Brandon Street,; Wellington.: y prospectus.. ■".... y ~ The Company is being formed for the purpose (amongst other objects) oj ' purchasing the section in Aitken Street in the City of Wellington, having a front-. : ago of two hundred and thirty-five fe.'t seven inches, by a depth of ninety-four feet, and erecting thereon a building suitable'for a skating rink and other "fornii: ■: of amusement and recreation. For floor space there is nothing like it in Welling- > ton. It is intended,that the building shall bo perfectly.appointed with a floor ' constructed in the latest and most approved manner. Special attention- will b« given to properly-equipped supper and tea rooms, dressing-rooms, and other con- -. veniences. ••■--.• '.•'■'■ .;-U •.: .;,' . . ..- • ■■■'...,•■■-■-•-. Facilities will'be. given' to skirting .and- tennis clubs to reserve.certain'hour* .-. for their, own use. When not required for skating. or tennis the property, may ' be used for other sports and purposes.. .j ';y ■'.■■_.,. Skating has always been a favouriteformof amusement, but up"-to. late years-: its pre-eminency was interfered with by the want of suitable floors, skates, and- , other appliances. Of late years, however, these. defects have been permanently ■'" removed, anil it may bo safely said that with the perfect appointments'- now obtainable, there is no form of recreation, a stronger hold on/ : I: - the public taste. , '■' : ' :: . ..;; ■'■■■\; "... "■ .; : .':'- : .\ ■:' Its permanency and also the profits to'bo. divides.by those who provide' it : 'aro abundantly shown by the number of skating rinks established and flourishing,- not only in England, but America, Australia, and New Zealand. y ■''-■'. ■' i 'There is no authentic record of the capital involved, but on a -moderate estimate it is calculated to run into millions. . /, The following estimate of Receipts and Payments, is based upon tho -best i J information ,in respect of .similar-undertakings now in operation. "•'.'.-..'■ ','.;■., ~'.''. receipts..;; \ ' ',;;;:;,-;;-; Skating Season of'3o .weeks— / ' ' ■ '•■■■■■■■"■-■'■ ' ■ :£.: ■-■;■£:"■■ Skating, 2500 per'week, at Is. ■•■■ ■ .... 3750" Hiring of Skates, 1500 at Gd. (per week)' i. "."1125:. Private and Special Skating Parties -V - 250.) "',.-. K'-' '".. ' -'5125!-'■:" Non-Skating Season, 22, Weeks— ' . V.'■: ■.-'■ ■:''••-'• .Pictures, Tennis,-Other Sports and Amusements (say): -."'','"'.'.■ ; * 410 .' ■ ■ General—" "' "" '.--•■■• ..:.'. . Luncheon, Tea, and Refreshment Rooms • .... " :'" ' 300 - Advertising .'..' , ..50' Exnenses— ' -'"'" . , .'."-.: .•■."•'■' . .'■... Interest on Mortgage, Rates, Taxes, and Insurance :.......-;. "400 ■■•;;.". '. ( Advertising :..' "...: • • • .V- 100 V..- '■ Management Expenses (including Directors' Fees, Salaries, v and Wages) ..> 1000 •; '\ -Lighting •••-. : 250 " \ . 0rch05ia„ 4¥ ..,..a«.™.... ■ ••— .250" ': 1 InoiflerifSi Expenses (say): :-.^^'.;.'vtr.;".T."'.".'.:.-''"'4ls->"• ..... Estimated Surplus....;.. : ............"....-. 3500 \ ■■' .' ; ■■':'■' -.' ';. ; '": "'.'"•' i'Z;-\J -.; ,-;,;^5915;.,/' : 'ies9ls:. On a paid-up Capital'of, say, .£ls,ooo,'this would provide. i£soo:f or ..'depreciation -' and sinking fund, and, leave sufficient to pay a 'di.r ; iderid ,, of"2o'.'per"cenjr.,*.""''' i ;' - The site is without doubt the best in tho city for' a- building; of. rthis, descrip- ' Hon being' onlv three minutes' walk from the Station land Principal. Tram . Terminus,"and"in close proximity to Wellington'TerracerEarori,'Wadestown, and all Thorndou. This proposition especially commends itself to investors,, as" such a/ ' building is badly needed, in.Wellington, and thero is every"prospect of the venture being a good income-producing one.., '. - ! . ,;. ;.'.-.....- . Apart from tho particular use to which it is. intended to put the building, th« v land itself offers special'inducements, as owing to its position, it. is steadily ,m----crcas- in value and is a valuable asset. Its nearness to Parliament House and tho Government Buildings, as well as tho improvements agreed to be carried' out by the Government in Charlotte Street and Hill Street are all factors ensuring . a steady increase in the value of the land,.which should be worth £75 per foot in. ' a few years' time., . - . ■ . ' , ■% Th" purchase price is J15250. ,Of this sum' is owing on a mortgage, and- .; tho balance, viz., .£3900, will be paid and satisfied by: the allotment of 3900 fully paid-up shares to tho vendors or their nominees. The. land is being transferred at cost price, and thus, not requiring a penny in cash, the vendors give tho most conclusive Droot of their full confidence in the success of. the . Company. . Apart 'from this, most.ofilhe vendors are. taking up ordinary shares ns well. ..-■-.. . The'minimum subscription on which the Directors may proceed to allotment is 8000 contributing'shares. , "■ - ; " ,- . . ''. ■ . A brokerage fco of 5 per cent, will bo paid, provided the minimum subscnp-' tion of 8000 shares is. subscribed, otherwise no-brokerage will be paid. Tho Company will pay the preliminary expenses of and incident'to the forma-. -. tion and floating of tho Company (including tho costs of and incidental to th« -- hereinafter .mentioned agrcercsnt) down to .the..Hme..w-i.en.it..becomes .entitled,to ; , ' commence business, and the estimated amount thereof is £150. Tho agreement for the sale of tho land is. dated the 18th day of, October,-.1910, : : ■and made" Ijetween Herbert Pearson Rawson. and William Crichton of the. ons -.-■-• nart/aml Edward 'Russell Dymock on behalf of tho Company of tho other-part, r, and may bo perused at the office of Messrs. Chapman, Skerrctt, Wylie.and Tripp, :. -, 25G Lambton Ou'ay, Wellington, at any time during business hours. It is proposed .. ; that tho Articles of Association shall provide the holders .of fifty shares: and ;■ ) upwards will be allowed:a liberal discount for season tickets; also -that: : th« ;■., qualification of a ■ Director'is to bo the holding; of. 250: .shares, and.. that: tha ;■ remuneration of the Directors shall'be such'sum as the . Company : ..in- genera] ...■;. meeting may determine, not being".;less than per annum. .. i ; ;' ■ :,.:; Annlicatioiis for shares should ibe made on the .form, accompanying, the, pros- ;-. pectus," and sent to the Company's brokers, together".with a remittance of'- th« :;■ . amount payable on application: Where no allotment is made the deposit will be • returrccf in full, and where.tho number of shares allotted is less than:the number - applied for tho balance of the deposit will bo'applied towards the remaining • Failure to pay any future instalment on : shares allotted when due 'will: render ' previous nayments liable to forfeiture. • ■■_ ~.,,., ' „ '•■ '. ~■_ Prospectuses and forms of application can be obtained at the omce ot the beer* tarv 6r from the Solicitors, Bankers, or Brokers. _.;., . ■■'..•■ .:, " 'This prospectus has been duly filed with the Registrar of Companies. : . Dated this 26th day of October; ■ 1910. FORM OF APPLICATION FOR SHARES. TO THE DIRECTORS OF THE THORNDON THEATRE, RINK i' iu mi,. -"tteNNIS, -.AND "SPORTS'COMPANY, LIMITED. .... :■!... Gentlemen, . . . _ , n , r< u ' i Having paid to Messrs. Trower, and ■ Company., the .sum. pj.; ° im-i being a deposit of 2s.' 6d. per Share 0n...;..'..............U..5hare5' in ' ''."./. ■ tlioabovc-nained Company, I request you to allot me that number of Shares or .;■' am- less number on tho terms of the Company's prospectus dated the 18th day of .: October 1910- and I hereby agree to accept the same or any smaller number that 5 mav be'allotted to me, and "to pay tho balance of 2s. 6d. per Share on allotment as :-; provided by the said prospectus, and I authorise you to register me as the holder'. of the said Shares.'' . f ' ■ \„ : . • --'- "- ■ Name in full ..•••• .■••... ••••••™ Address • ■ '■■■• — Occupation Date.., ..........1911). - POINTS FOR INVESTORS. ' -: "\ -5 Investors are acquiring an interest in a very valuable freehold with a frontage ■■/ to Aitken Street of 235 ft. aud an average depth of Ulft. , ;'. Pictures are not a phase of the moment; they have como to stay. As an educative force .they are in their .infancy.On a most conservative basis it is estimated that the Rink will show profits -: amounting to at least «CIOO per week. The pictures also should at least do this.- -. , There is always a big demand for a spacious hall, such\as'the: Company pro-. ' poses to erect. • Tho Directors have already received an offer to lease the proposed building on favourable terms. For full information apply to the Company's Brokers. WOODHOUSE, TROWKE, AND CO., 8 Brandon Street, Wellington. '" —- "' ,' ' '''''"' '" ' ' =-- 4 JUST ARRIVED, per RuapehU, Largo Consignment of Fine Selected Aberdeen Finnnn Haddocks, Kippered Herr- , :,.-.• ings, Red Herrings, and Bloaters. These , A RECORD RUSH. OF fish have been Specially Prepared for the ORDERS FOR SUITS FOR CHRISTMAS, Colonies. .Fresh-and Smoked Hapnka Fillets. W. RSTGHBE AMD SOWS, 51 MOLESWORXH STREET. (W^ G , to th ,° "H , m ., i, w Work we, have on hand, our staff Phone, 305- of Expcrt Tai!ors aro votkirig ?i ]lt and r ,m™ T ™ dav to copo with it. and wo.ask those "; OAliaur.l.T. intending to place Orders to do so WITH. W __^j—" , OUT DELAY, and so avoid DISAPH. PHELP, Baker, Pastrycook, poiNTMENT. -•<• ' . and Caterer, .79' Willis Street iuIJNiMIJ "' L (next Begg's), -is prepared to undertake . all manner of Catering for Weddings, MORRBSQi\3 &i PEMMPV Parties, Suppers, Dances, etc., at most WIUKKI»WW ■ «J f tWNEY, reasonable rates. Quotations given. Strictest attention. None but tho best TAILORS in tho way of Pastry. Afternoon Tea a ■ ' i snecialits. 11* WILLIS STREET, y y