Page 5 Advertisements Column 2

Hawke's Bay Herald, Volume XXI, Issue 5345, 1 April 1879, Page 5

, ;. : PROSPECTUS OV THE CLIVE &RANGE ESTATE AND RAILWAY COMPANY [Limited.] Capital: £75,000, iii 1500 Shaves of £50 each. Provisional Directors— . John Chambers, Esq., To Mata ; J. N. Williams, Esq., Frimley 5 Robert Farmer, Esq., Lohgiands ; John Harding, Esq., Mount Vernou; Georgo Burton, Esq., Wairoa; Hon. H. K. .Russell, Waipukurau ; John Bennett, Esq., Oinaranui ; Hon. Col. Wbitmore; M. R. Miller, Esq., Napier; 'JohriStudholnie, Esq., Christchurch j John Inglis, Esq., Christchurcli. Agents — John B.Mtulie, Esq., Dunedin; A. H. Maudo, Esq., Oamaru ; John luglis, Esq., Christchurch. Bankers— The Union Bank of Australia. Solicitors— J. W. Carlile,' Esq., Napier ; H. A. Cornford, Esq., Napier. ENGINEER— John M'Gregor, Esq: IktktuJi: Seuuetaky— M. U. Miller. npHE progress of the East Coast districts A of the North Island, although far from inconsiderable, has undoubtedly been much impeded by tho fact that along the whole line of coast from Cook's Strait? to Tauranga there is neither navigable river nor sheltered anchorage sufficient for the commercial requirements of a continually increasing population. Large tracts of land unrivalled in fertility aud capacity for settlement are thus comparatively unknown, and districts already settled have been much prejudiced by their isolation from commercial centres. It is certain that nothing would so greatly facilitate the advancement of the country in question as the constiuction, at such a position on the coast as might afford the best facilities for the completion of the scheme, of a safe and commodioua barber. That such a position exists, aud that tho scheme contemplated by tho promoters of this Company is eminently practicable, are facts that have long been known to many of the oldest settlers in Hawke's Bay. For the last twenty years ib has been anticipated by many persons, well qualified to form a judgment upon the subject, that the lands now known as the Clive Grange Estate would at no distant date become the site of the most nourishing Port and City on the East Coast of. New Zealand. A short description of the Estate and its surroundings would enable those unacquainted with the locality to form some idea of the importance of the enterpriso now projected. At the eastern extremity of Hawke's Bay, from a bluff about a quarter of a mile inside (Tape Kidnappers, a reef, known as the Black Reef, extends in a northerly direction for a distance of more than a mile and a half, thus protecting all the southern portion of the Bay from southern and south-eastern seas. So well kuown are the advantages of tho anchorage thus, formed that in one southeasterly gale no fewer than seventeen vessels at a time have taken shelter there. By tho construction from Clifton Bluff of a concrete wharf of 2500 feet in length a harbor would be formed, with a depth at low water between the wharf and the Black Eeef of from four to nino fathoms, and sufficiently large to accommodate all the shipping of the Colony. The remarkable qualifications as a port of this part of the Bay so impressed Sir John Coode on his recent visit to Hawke's Buy, that he declared that "nowhere in the North Island are there so good natural facilities for a harbor of refuge; and he could only express his surprise that hitherto no advantage had been taken of them." Mr Carruthers, Mr M'Gregor, and other wellknown engineers have also expressed similar opinions. A3 a further proof of these advantages it should be stated that the earliest settlers in the Bay were informed by the natives that in all weathers the landing place on the beach at the Maraetotara river waa safe for small boats. In 1853 a large part of the Clive Grange Estate was absolutely sold by the Crown as a sea-board township, and realised prices at that time regarded as extremely high. The surrounding lands, however, were acquired and utilised -for pastoral purposes, and the township of East Clive has in couseqience lip to the present time had little more than a nominal existence. But the Estate referred to being now offered for sale, a fitting opportunity occurs for the commencement of an undertaking which its promoters feel assured can be completed in a manner to, dovelope the resources of this district, increase its exporting and purchasing power, and augment its .wealth to an extent almost incalculable. The Clive Grange Estate comprises all the level lands and downs, in extent about 4700 acres, on the Coast between the Maraetotara and Tuki Tuki rivers. Fully 3800 acres consist of low-lying arable lands with rich alluvial soil, and the greater portion of this area has been ploughed, laid down in grass, fenced and subdivided into paddocks, many of which have live fences, and are well planted with trees ; there are eleven artesian wells on the estate, and while any number of these wells may be sunk at trifling cost, the adjacent Tuki Tuki river is largely available for purposes of irrigation. Between the low hills near the southern boundary of the Estate is a deep lake of pure water of about 30 acres iv extent, a natural reservoir from which, as well as from, the neighboring Maraetotara btream, au unfailing supply of water can be obtained, sufficient for the requirements of a town of considerable hiaguitude. About 3000 acres of hill land adjoining the Estate on the Maraetotara river are now also under offer, and may be purchased by the Company at the rate of £5 per acre, upon very easy terms. The scheme under consideration may be briefly stated thus :— 1. It is proposed to purchase the Clive Grange Estate, with the cattle, 3heep, and plant now thereon, and also such adjacent lands as may be considered d-sirable of acquisition. The Estate has hitherto been well farmed, and the stock now consists of about 200 head of cattle and 12,000 sheep (including a valuable stud flock of Liucolns), together with a large quantity of working plant. 2. The lands so purchased will be laid off as a township with suburban and rural sections ; the latter being already surveyed for small farms. The township is intended to" bo about GOO acres in extent ; tho surrounding suburban lands will include about 1100 aorcs (partially bounded by the Maraetotaro, stream), and the remainder of the EBtate, 3000 acres, is appropriated for small farms. 3. It is intended to commence operations by constructing a bridge across the Tuki Tuki river, and forming a branch line of railway about six miles in length from the new township to the present railway station at R. P. Williams' Boiling Down Establishment near Clive. This branch, crossing only level country, can bo constructed at an estimated cost of £3000 per mile, anrl the expense of the projected bridge for rail and dray traffic across the Tuki Tula river may be considered as full> covered by the estimate furnished, £10,000. 4. As collateral to, but forming no part of, tho company's undertaking, application will be made to Parliament for the constitution of a Harbor Board; and authority will be sought to enable the Board to raiso by debentures the funds necessary for the erection of a railway wharf as mentioned in the earlier part of this prospectus. Such Board might claim from the Government the present lauding reserve of 11 acroa on the Maraetotara beach as an endowment ; and considering the importance to the whole colony of a port such as contemplated, there can be little doubt that ample facilities, financial and otherwise, would be afforded to the Board by Government. According to the estimate already furniimcd, llie cost of the concrete pier such as required, 2500 feet in length, will be £60,000 ; this estimate makes provision for doublo-line railway, crane way, &c. 5. The Company, iv applying to Parliament for the necessary authority under the Public Works Act to construct the branch lino of railway aiready mentioned, will at the same time seek power to extend a branch from the trunk line near Pakowhai to Woodthorpe/a distance of about 15 miles. This line would traveive some of the richest alluvial lands in. the district, font "