Page 4 Advertisements Column 2

Evening Post, Volume XXI, Issue 39, 17 February 1881, Page 4

PRELIMINARY PEOSPECTUS O?THE WELLINGTON AND MANAWATU BAILWAY COMPANY (Limited). Capital, £500,000: Divided into 100,000 Shares ov £5 each. Provisional Directors. Messrs. H. Bunny, M.H.K. James Bull Samuel Brown John Chew Henry Diver, J.P. Sir Wm. Fox, M.H.R. Messrs. Robert Greenfield James Gear A. W. F. Halcombe Wm. Hutchison, M.H.E. C. B. lzard James Linton W. H. Lwin, M.H.R. James Lockie H. F. Logan John M'Ke: z:e W. 8. Moorhonso, M.H.R. A. K. Newman J. E. Nathan John Plimmer G. M. Snelson G. V. Shannon, J.P. Benjamin Smith - ' W. T. L. Travera J. S. M. Thompson Walter Turnbnll Wm. Whittom H. C. Wikon Jae. Wallace J. Woodward, J.P. J. H. Wallace, J.P. A. Young Co-oporating with Local Committees throughout the Provincial District. Secretart, pro tern. J. H. Wallace, J.P. Treasurer, pro tern. J. Woodward, J.P. Bankers. Bonk of New Zealand. Solicitor?. Messrs. Trovers & Son. This Company ia formed for the purpose of completing the construction of a Railway from Wellington to the Manawatu, to join the Foxton and Now Plymouth Railway. The Government have agreed to recommend to Parliament that certain works constructed by them between Wellington and Johnsonville, along the course of the proposed line, with the land which they had acquired for the purposes of the line, the materials for a bridge over the Porirua Harbor, and a quantity of rolling stock appropriated to this Railway, with certain other valuable concessions, including land that may be reclaimed from the Wellington Harbor in the progress of the Railway works, should be granted to the Company, upon their giving a proper guarantee for the completion of the work. They have also undertaken to supply the Company with the necessary surveys and estimates of cost, free of charge. From a preliminary examination of tho country through which the line will pass, it has been estimated that the maximum cost of construction and of the requisito rolling stook will not exceed £5000 per mile, and, therefore, taking into consideration the valu9 of the concessions promised by the Government, the Promoters believe that not more than £350,000 of capital will be required to be called up. It ia proposed to raise at least £50,000 of the capital within the colony, payable as follows : 2s Gd per share on application, 2s 6d per share on allotment, and the residue by calls not exceeding five shillings per share at intervals of not less than three months. The country which will at once be brought into direct communication with the oity and harbour of Wellington by thia line of railway exceeds 4,500,000 acres in extent, comprising the Porirna and Horokiwi districts, the large and valuable tracts of land between Paikakariki and the Manawatu (including the settlements of Otaki and Fitzherbert), the Manawatu, Feilding, Rangitikei, Wanganui, and Patea districts, and the rich and extensive lands within the Provincial District of Taranaki ; and, looking to the facts that a very large extent of the abovementioned country is already cultivated, and that it possesses immense resources which can only be satisfactorily developed when brought into direct railway communication with Wellington, and, moreover, that the proposed railway must form part of the main trunk line from Wellington to Auckland, the promoters feel confident that the traffio returns will, from the first, yield reasonable dividends upon the capital expended, and that the line must ultimately become a very profitable one. The company propose to ask for power to acquire the native land 3 between Otaki and the Manawatu through which the line will pass, and shotdd thia power be granted to them, the promoters have reason to believe that the land when acquired would speedily be disposed of for settlement at a profitable rate. In view of this, the promoters are about to open negotiations with the native proprietors with respect to its acquisition. As the construction of this railway has long been considered to be of the higheat importance to the City of Wellington and the distriots which will be brought into connection with it, the promotera trust that no ' difiiculty will be experienced in obtaining the .£50,000 proposed to be raised in the colony. Should their expectations be realised in thia respect, the company will at once be established, and application made to Parliament for the requisite authority to carry out the undertaking. Application a for shares, in the form annexed, accompanied by a deposit as above, may be addressed to the Secretary pro tern. of the company, and forms of application may also be obtained at any of the branches in the colony of the Bank of New Zealand. All deposits on shares will be lodged with the Bank of New Zealand at Wellington, to the credit of a special account in the name of the treasurer. APPLICATION FOB SHARES. To the Provisional Directors of the proposed Wellington and Manawatu Eailway Company (Limited), — I hereby apply for shares of five pounds each in this proposed Company, and I deposit herewith the sum of two shillings and sixpence per shore, and I undertake (subject to the conditions hereunder written) to accept the number of shares applied for by me, and in all respects to act in relation thereto in accordance with the Memorandum of Association and Regulations of the Company when duly registered. And I agree that thia application shall, upon the registration of the Company, be deemed to have been made to the Registered Directors for the time being of the Company. But this application is upon the following oonditionß : — Ist. That the shares applied for by me are to represent part of the £50,000 capital proposed to be raised in this colony. 2nd. That this application shall not be binding on me unless on or before the 31st day of May, 1881, not leas than £50,000 be covered by applications for shares ; and 3rd. That my deposit be repaid in full in the event of less than being so covered. Name of Applicant Residence Occupation GLASGOW HOUSE, Molesworth-Street. "l/TRS. CRICHTON has pleasuro in announcing that ahe has reoeived her CASE OF NEEDLEWORK, Per 8.8. Lusitania, Amongst the goods will be found some very magnificent pieces in PLUSH, ARRASENE AND OUTLINE. -VT OW LANDING— FENCING WIRE, Nos. 6, 7, and 8. CORN SACKS. GRASS SEEDS OF ALL KINDS. LITTLE'S NON-POISONING SHEEP DD?. To arrive per Mabel and Borneo, from New York— PATENT BARBED FENCING WIBE, WASHBUBN BBAND. MUBEAY, BOBEBTS & CO. ON SALE, Customs House Forms, at the Evening Post office.