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PROSPECTUS Of tho MIRAMAR ESTATE OOMPANY, LIMITED. (To be incorporated undor the Companies Aot, 1882). BHARE CAPITAL^ ' £15,000 (Of which 4000 Sharos, with thoir quota, of Dobonturos, have boon subscribed by tho Promoters) In 15,000 Sharos of Ono Pound oach, oach Shareholder (including tho Promoters) to ho bound to koop up dobonturoß to tho amount of Throe Pounds in rospeot of eaoh Sharg, such Dobonturoa to boar Cumulative interest at tho ntto of 4t por cent, per annum, payable out of rents or proceeds of laud sold. Two Shillings and Sixponoo por Sharo will bo pavabio on upplioation, Two Shillings and Sixponeo per Sharo on allotment, balanco in OalU not excoeding Ono Shilling por Sharo por month in rospoct of Sharo Capital, and Throo Shillings per month in rospeot of debentures appertaining to eaoh Share, or a maximum of Four Shillings por Share por month. Tho Promotors having performod sorvicos and boon put to and incurrod expenses, liabilities and risks, are to be paid, •when tho sharoß nhall havo been allotted, a sum calculated at tho rate of Fiftoon Shillings por Acre on each Aoro purchased by the oompany, in consideration of such sovvicos, expenses, liabilities, and risks. Provisional Directors : W. H. P. BARBER, W. F. BARRAUD, A. S. BISS, GERALD FITZGERALD, H. P. RAWSON, A. H. TURNBULL, WDLLIAM WATSON (to hold offico until tho first annual meeting of the Company). Bankers : THE BANK OF NEW ZEALAND. Solicitors : MESSRS. CHAPMAN AND TRIPP. Broknrs : L. H. B. Wn^SON, JAMES HENDERSON Offico (pro torn.) : No. 1, GREY-STREET, WELLINGTON. MIRAMAR is tho peninsula which forms Iho western Bhoro. of tho ontrnnoo to Wollington Harbour. It consists of r largo contral flat surrounded by low hills, whilst at tho south ond tho hills riso to a considerable olovation. Tho contral flat, it ib cstimatod, con^Rls of about 600 arres of wolldrainod flat land, nearly all of which has boon oroppod. a cutting through Iho hill an tho wast sido of tho flat has boon mado. and clobo to tho cutting thorn is a capital doep-wator sito for a wharf, which would bo about throo and a half miles from the Wollington Ferry Wharf, a distance that ciui bo travorsod by, a good forry stoamor in less than twenty minutes. No moro dosiroblo sites for residences can be found than on this picturesque peninsula, where any class of sito can bo chosen, oithor upon the slopes of tho surrounding hills or upon tho fiats at thoir baso. An option to purohaso all Mossrs. A. and O. Crawford's intorost in this estate, which consists, it is estimalod, of about 1550 ncros, has boon socurod, at tho rate of £45 per acre on favourable torms for payment, and this company is boing floatocl for tho purSois of purchasing' the property, and nibividing and soiling it. It is proposod at first to roßervo a largo area of tho flats for golf links, polo, football, oriokot, and hookey grounds, but to soil tho undulating land and portion* of tho flat for rosidential purposes). It is proposod to orect wharves at suitable localitios, and eithor to run ferry stoamors at rogular intervale to and from Wollington, or to arrange for such a servico to bo oarried out. Tho Dobentures will boar 4i por oent. cumulative intorost per annum, payable out of tho ronts and prococdß of land sales, and thoy may bo usod as cosh in tho purchatm of land for tho full amount of tho purchaso monoy from tho company as soon as tho mortgage of the veuaors shall have boon paid off. In tho moantimo thoy may bo so used in such a proportion as tho Directors may from time to time consider dosirahlo. Forrios. — The oxporionoe of cities like Sydney and Auokland shows that a cheap forry sorvico as a vonturo in itsolf is a lucrative investment, boaidos popularising tho suburb to which it runs. Such a suburb, if not far distant from the parent city, soon becomes sought after, choap faros and choap suburban freeholds forming an irrosistiblo attraction. Tho congested slate of the City of Wollington is becoming moro patent day by day, and many oitizons would gladly reside in a suburb where thoy can obtain a fairsized pioco of land fur a houso and gardon, within reasonable distanco from tho Post Office. This will bo attained by a rogular ferry sorvico to Miramar. Tho soil on tho slopes, as well as on the flats, is excellent for gardens. It is proposed either to lease tho farming rights ovor the unsold land or to carry on tho dairy and sheep farm undor a competent manager until tho land is required for sale. Tho cost of tiie flotation will be paid by the oompany, but no brokerage will bo paid in respect of tho shares and debonturos for which application has already boon mado. The only agreement entered into is contained in a letter from Messrs. A. D. and O. Crawford, dated 24th July, 1899, a copy of which can be scon at the office of tho Brokers. Application for shares will bo received up to 24th August, 1899, but priority of application will bo considered in making allotment. HEDGE PLANTS, GROWN IN THOUSANDS. SAMPLES AT SHOP. Ako Alco, Golden, 1 year, good, 10s per 100 Ako Al»o, Silvor, 1 year, good, 12s Gd por 100 Elxngmis Japonious, 1 year, good, resists the most violent winds and will do woll in tho poorest soil, 12s Gd per 100 Euonymous Juponious, 1 year, good, 12b 6d por 100 Laurol, Common, 1 year, good, 15s per 100 Laurostinus, Giant, 1 year, good, 15s por 100 Macrocarpa, 1 year, oxtra fino, 7s 6d por 100 Pinus Insignia, 1 year, oxtra fino, 5t por 100 N.B. — All splendidly rootod and spooially preparod for transplanting, v Two and threo-yoar-old plants of eaoh of tho abovo from 20a to 25s por 100 Thoso aro oxtra ilno bushy plants, 2 to 8 foot high, with abundanco of roots, and will givo an almost immediate offoot. H. C. GIBBONS & Co., WELLINGTON. TOOi-AL LIVERS" STABLES, MOLHBWOBTU-STBBBT. THE LARGEST AND MOST COMPLETE EQUERRY IN WELLINGTON. Liveried Carriages and Vehicles of all descriptions for hiro, also Saddlo Horsos. Gentlemen's own vehicles horsed. Horses and - ehioles kept by month or year. Cabs Nioht ob Dat. THO|M A S POPH AM, Proprietor. Tolophono 333.1 ("Telephono 833. HIGH-CLASS TAILORING. 52, Mannjsrs-btrket, nhab Opbh*. Hodsb. FJANSON, Specialist in Ladios' Tailor- • ing and Gown -making in all its branohos (lato Chiof Ladies' Tailor at Kirkcahiio & Stuirm'B), begs to announce that ho has opened the above premises as a Firstolass Tailoring Ebtablißhmont, and hopes to Bucure a share of the Wellington public's patronage . Nono but First-class Materials and Assistants kept. r 1 1 USSIOUR A . tho groat C'ongh and Throat I Kumodj-, is moating- with an enormous sale this winter. All (suffering should givo this preparation * trial. the Heath-oovered Mountains of Scotia I oome— Watson's Threo-star Whisky. Watßon's «*« Whisky is th« Bxbt in the World,

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Bibliographic details

Evening Post, Volume LVII, Issue 26, 31 July 1899, Page 7

Word Count
1,162

Page 7 Advertisements Column 2 Evening Post, Volume LVII, Issue 26, 31 July 1899, Page 7

Page 7 Advertisements Column 2 Evening Post, Volume LVII, Issue 26, 31 July 1899, Page 7

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