JSOBPEO TV^MfiM THE HAWKKS BAY FARMfißfcVvp ASSOCIATION = ' Y^C'lp' AND -. ,■ - •■*'■s \§ss GENERAL AGENCY COMPANY; r LTß>*p CAPITAL : £50,000, IN 10,000 SHARESJJJP. Vs: as bach. • ■ ' V '-'S :■•■; :;iiv 6a on Application, 53 on Allotment, and 10s b? ./€ Calls of notmore than 5s at Intervals of - ,^fi not lew than throe mouths. ' .' • • . ; ; , . yu It Is not proposed at any time to call up *-'■ more than £1 per Share, and the present, tesna " /.••' will be limited to 7600 Shares. • -■■.:-'■' _____ .. ..„"■_ -_r Provisional Directors: '' - . J. Beatson, Esq., Meanee . ■'.'■'. 3. Bennett, Esq., Newstead -.',-. ■- W. A. Couper, Esq., Kohinarakau > . v " J. Maokersey, Esq., Waipukurau. . •" R. D. D. JU'Lean, Esq., Maraekaknho ?..,.'; -_ : J. Moore, Esq., Rakamoaua , ■'- ":■'■ J. D. Ormond, EBq.,«M.H.R;, Napier Captain IV. B. Russell. M.H.H.,- BTaxmere' ',; H. J. Twigg, Esq., Petane Grange ■ ' _— - - ' ' ' -'■ * ' f Bankers : Bank of New South Wales, . . Solicitors : Carlile and JTLe&n. ';". ■-■: Manaobr : C. B, Hoadlsy. - Offices : Havrko's Bar Chambers, Emerson-street, Napier, and Port AhurirL The Bnelnoss of the Company will be :— 1. To make Advances on Wool, Sheepskins/ Tallow. Hides. Grain, Grass Seed, live ' "-. Stock, Dairy Produce, &c. 2. To offeot sales of samo by auction or pri. ■ J vatoly in this market or in other parts . of tie world. ,' 3. To effect sales of landed estates. " •-■.' -, - i. To act as agents for absentees and others, and transact all Financial and Agency / Business. .-,".■ The increase in the number of Stock, and in '>. tho production of Wool nnd other Prnauee in , this Province rind the buniness attaching to . these, have become bo great ns to render it art vi -able in the litrre-ts nf farmers and othera concerned that a ltcal institution should bo formed exclusively in their interests. ■ -.",.. The farmers and other producers of the Pro ' ,: Tince have hitherto had to rely for their purchases and axles on comimniia and \ ■■ firms in which they have no interest. " ' They have had to procure advances ; on their year's produce at rates of interest higher than Bank rates. They 'have : had to pay large commissions toproonretheso- - * O'lvanoes, and havo been fettered in their, - dealings with their stock and produce that lenders might make still greater profits. That . . the profits earned by th.se who make suah ndvnnccs to tbu producers and buy and sell ' for them are very lai-ge is clear from, tho ' great prosperity of all such institutions, ■ ; The prinolple upon which this Company Is - formrd is that the Shareholders should con- - ~ sistof stockowners, farmers, and others interested in landed estate and its products in .' Hawke's Bay, whereby a large business would bo secured to the Company, and tho - . ' produoer would receive back in the Bhapo of - the profits of the Company what is now a • heavy deduction from his lnrome paid to other ■ institutions for conducting his business. .. ' The promoters have arranged with Messrs C. B. Hoadley and Co., of Nipler.to take over ' the business nitherto carried on py that flim;-' : - Including agencies, and upwards of one hun- ; dred tliousand pounds sterling of local Stock - ° and Properties now on their books for sale. They hare also arrangod with Mr Hoa4ley. the sole member of that firm, to act as Manager and Auctioneer of the Company (or : a t«rm of years. • Mr Poadley has agreed to . sell the interest In his business for the sum -of ' / £2000, half cash, and the balance in paid-up shares of the Company. The purchase monej 1b based upon, a calculation of the profits of the business in the past, and is considered a satisfactory and equitablo arrangement. It is proposed to take over the business of Messrs C. B. Hoadley and Co. as from the Ist: January, 1888 Applications for Shares to be made on or before noon of SATURDAY,- 4th February. I 18SS, to the Company's Bank, or C. B. Hoadley and Co.. from whom, as also fromthe Solicitors and at the Office ef the Company, Prospeotusos and Forms of Application can be obtained. .' In tho ovent ot no allotment being made all 1 payments on application for Shares will ba repaid in full. Tho promoters, in presenting tUis Pro*- . pectus, feel confident that it will commend ' itself to those seeking a safe nnd profitablo investment, and would point ont that it is tho intention of several of the owners of large estates to cut up and offer them to tho public ; so that, with the development of the District that mnst follow tho increase and settlement * of population, tho establishment of an institution suoh as is no w proposed will undoubtedly piovc an advantage to the whole Province ■■"■■■ 318 \ '■' WO %tt. ■ ' -.' :-- FOR I.EASE, • \ WITB: PURCHASING CUaUSE, IN NO. S BUILDING DISTRICT. BUILDING SITES in Hastings- ■ street, depth 105 ft (more or less), in Sections to salt purchasers, for periods of U, 21, £8, 89, or ISyears,' witb purchasing clausoas at valuation at termination of Lcaso (less 10 per cent reduction). Rout ranging from 32s Bd to S9s per foot, with 10 per cent, increase. every, aovon years. • ■ : ■ For further particulars apply to ROBERT HOLT. Napier, November Hth, 1887 , 210 * OPHOES TO LET. SUITES of Offices to be Let in the ; IO NEW HERALD CHAMBERS. PossesBion can be given at once. J pply to DINWIDDIK, WALKER AND CO;, Lr... Herald Office JFaleu. : __ TO HOTELKEEPERS AXD CAPITALISTS. FOR PRIVATE SALE OR LEASE, THK CLARENDON HOTKb, , Palmkhbton North. /~iNE of the most valuable jjropertie* V in P«lmerston Kortb, buil* on haif-an-ncro of laud with frontages to tho Square, ' ' Kanprltlket and Cuba Streets, together with three shops frontins tho Square, and let. at good rentals. The goodwill of lease of eight acres of rich land pan in garden and orchard with 1 J years to run at a peppercorn rental la also included. ,< This is without doubt one of the soundest investments ofTorine:. The price is an undoubted bargain, and tho valnoot the property mußt rapidly increase. Term* easy. Full particulars on application to BANNER AND LIDDLE, Napior, * Or to STEVENS AND GORTON, Estato Agents, 106 Palmerston North. - FOB SALE, a Bargain, 3 Sections on the Tl ill, well planted with Fruit Trees a full bearing. For price, <Sc, apply J. A. Turner. Box IS4, P. 0., Napier. SttT TO SELL OK LEASE, Forty Aores. fenced and subdivided; easy access. Greenmeadows. Rural section. Apply P. V. Coiledqe, Jeweller. ' 38t GROWN LANDS POR SALE. Crown Lands Ofllco, Napior, 23rd December, 18S7. . ATTENTION is directed to the -TV Sale of forfeited Deferred Paymout Sections, Woodvillo District and Matamau Village, also ordinary Deferred Payment Sections In Pohui and Ruataniwha districts, and other Sections. ' Boe Sale Notices at Post-ofßcos and Railway Stations for further paiticulars, or apply at this Office. G. W. WILLIAMS, 177 Commissioner of Crown Lands. FOR SALE, 1 £\f% 3-YEAR-OLD STEERS, X W FORWARD STORES. Apply A. T. RUSSELL. Manager Fairfleld, Ruataniwho, Doeombor Zl, 1887. Jit FOR SALE A VERY CONVENIENT Four roomod Dwelling, with, on e rood ot land attached thereto ; conuj>.' dn ag gooa view. Can be sdld cheap. Albp, Fougroomod House. Beach-road, section 22x82}. Prioolow. Apply 213 BROOKING & ST. CLAIR. POX SAJJE, l Iron Plough Cutting j »~'''- 8 * uno ! ® inches ; nearly new. Prlco »oia tail particulars will bo given on applies- ' tlga at tho Herald Offlco. Dinwiddis, tvALKKB and Ca, Limitca. H. L. DONNELLY'S LIST OF ■ ■ gHEEP FOR SALE. 40,000 Crossbred Ewes and Wethers 20,000 Merino Ewes and Wethers Tho above sheep are in lots to wilt ohasora and are allngcs. H. L. DONNELLY, 317 fhe Willows, Papakufa, . GREENMEADOWS BUTLDQTQ DEFERP.ED PAYMENT SYSTjfIM APPLICANTS!^. Sites tmdßesi. ; ' ■ ?.! V BI W - l ' 1 " 1^* '/.i.hi ■■ i in in wj ■■ ■■ 'i liW."' **.'' t - PHARMACY, ; '1 Hastings-street. , / THE NEW "SEASON'S LIME .'. JUICE NOW READY. Lemon,; Glngerado, and Raspberry Syrup*/ and Lime Juice Cordials. ' A Now Stock of . '">- SELTZOGRNES, < And a ! • " -, FINE AeSORTMICNT OF BATH SPONGES/ :, Just Airemir/. . ; ■:'-' , ,^'"- --j. s. \msii^.:/^i^§
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https://paperspast.natlib.govt.nz/newspapers/HBH18880123.2.21.7
Bibliographic details
Hawke's Bay Herald, Volume XXIII, Issue 7957, 23 January 1888, Page 3
Word Count
1,283Page 3 Advertisements Column 7 Hawke's Bay Herald, Volume XXIII, Issue 7957, 23 January 1888, Page 3
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