' PKO SP E a'T^lj^^ nPHE HAWKbS BAY FAMnSBJiiM A ASSOCIATION , •?-,.;4>.i&*£s! and ■'.-.•/••r§^ ' GENERAL AGENCY COMPANY, --imoi CAPITAL : £50,000, IN 10,000 SHARES Olfe! £5 EACH. ' '•Jf-0-'~l Ss on Application. 5s on Allotment, and 10s btf £ Calls of not more than 5b at intervals of - - ;: '.* •* j not leas than three m'onthsi ',"-■'• : &>i — - ■■■■-f¥A It la not proposed at any. time to call .tip more than £1 per Share, and the prssent ifißu6 '•''-; win be limited to 7600 Shares. . ."■"?£ Provisional Directors: - -;-' ;--'j ,■]••- j J. BcntaoD, Esq., Meanee -. -■"";■?""■■- J. Bennett, JJsq., Newatead ( \V* ■ ■ W. A. Couper, Esq., Kohinarakan -. <■:>•••. \ J. Mackersey, Esq., Waipukurau • '.■.';(.-; R. D. D. M'Lean, Esq., Maraekakaho V:-V J, Moore, Esq., Rnkamoana -•"..-".,': J. D. Ormond, Esq., M.H.R., Napier ■ c. .--. '-'• 1 Captain W. R. Russell, M.H.R., ;Flaxniee« : ,v H. J. Twigg, Esq., Petan* Grange " ,' ' '■;'••:;■• I Bankers : Bank of New South Wales;'. ■','..'] SouCrrißs .' Carlile nnd M'Loan. .;;,«.. Manaqbb-.C. B.HOodley. ''-;V*' -^ Offices : \ ; ■ Hawke's Bay Chambers, Emorson-alrect, VNapier, and Port Ahuriri.'. ; ■•, The Business of the Company will bo :— , ''7 1. To make advanoes on Wool, SheoPßklnß. ~'t ■ ' Tallow. Hides, Grain, Grass Seed, Live - - Stock, Dairy Produce; &c. . -.';.„. 2. To effect Bales of same by auction or pri-"= '• vately in this market or in other parts a; of tho world. ' 7 ' "1 .• '• .-•'•' ,- 3. To effect sales of landed estates. . • ,, * , :.-,.- --i. To act as agents for absentees and others,'-; and transact all Financial and Agency -t Business. • ., A . The increase in the number of Stock, and in ■ the prodnotion of Wool nnd other Produce in." this Province, and the business attaching to V these; have become so great as to render iv' > advisable in the interests of farmerßand- ', others concerned that a local institution, should bo formed exclusively in • their in- •*- --teroeta. : " • Tho farmers and other producers of the Pro';. .. ■vince have hitherto had to rely for their . purchases and sales on companies and • firms in which they have no interest;""; ■ They have had to procure advanoes - on their year's produco at rates of m}; :-'. torest higher than Bank rates. They havaC ■' . had to pay large commissions to procure these? . • advances, ana have been fettered in their,, - dealings with their stock and produce that ■ - . lenders might make still greater-profits. Thafe \ the profits earned by thi-ae who make snob., advances to the producers and box and 8 P W * '' for them are very large is clear trom-.the; > •. , great prosperity ofall such institutions', "'''.'-■..-: The principle upon which this Company.iß" formed is that the Shareholders should consist of stockowners, fanners, and others inter' . ested in landed estate and its prodnots.inr: ;: Hawke's Bay, whereby a large business ■ would be secured to tho Company, and the" . -, producer would receive back in tho shape of ■ the profits' of the Company what is now, a heavy deduction from his income paid to other, • institutions for conducting his business. '..._, The promoters have arranged with Messrs r ' ' C. B. Hoadley and Co., of Napier, to take over the business hitherto carried on Dy that Him, * • • - including agencies, and upwards of one him- ~. drod thousand pounds sterling of Jocal Stock - and Properties now on their books for sale. . ' They have also arranged with Mr HoaSley. ' ■ . the sole member of that firm, to act as. Manager and Auctioneer of the Company for a term of years. Mr Hoadley has agreed to sell the interest in his business for the sum o£ £2000, half cash, and the balance in paid-up .< ahares-of the Company. The purchase money , is based upon a calculation of the profits of . tho business im the past, and is considered a ' satisfactory and equitable arrangement. It:- - is proposed to take over the business of ' Messrs C. B. Headley and Co. as from the Ist . January, 1888 ■■■ ■ Applications for Shares to bo made on or! before noon ef SATURDAY, 4th Februarr, 1888, to the Company's Bank, or C. B. Hoadley. and Co.. from whom, as also fromtha Solioi- . , ■ tors and at the Offlco 8f the Company, Pros-' '. pectuses and Forms of Application can bo ob- - ■ tamed. . ' • . In the event of no allotment being made all payments on application for Shares will be repaid in full. The promoters, in presenting this Prospectus, feel confident that it will commend itself to those seeking a safe and profitable ,• investment, and would point out that it is the : <. intention of several of the owners of large estates to out up and offer them to tho public : ■ ' ■ bo that, with the development of tho Distriot . . that must follow the increase and settlement of population, the establishment of an inatitu- . tl«n such as is now proposed will undoubtedly ' ... psovo an advantage to the whole Province, ■ .319:, \ gg get. . , ,,.■': ; . TOR LEASE, ; ' i WITH PURCHASING CLAUSE, IN NO. 8 BUILDING DISTRICT, „ , BUILDING SITES in Hastings?. , street, depth 105 ft (more or. less), to Sections tosuitpurohasers,forperiodsot 11,21, ' 28, S3. or 12 years, with purchasing clause as at - valuation at termination of Lease (less 10 per. . cent reduction). Ront ranging from 32a 8d to 39s per foot, with 10 per cent. Increase every; seven years. • ■ '."'"•,'■-. l For further particulars apply to , ■ > -s-i ROBERT JLOLIJ ' v Napier. November nth, 188T ' 210, OFFICES TO LET. " \ 'SUITES of Ofifccs"to be Lot in tho k5 NEW EUSBALD CHAMBERS. Pohsislon can be given at once. .Apply to' ' -> DINWIDDIE, WALKER AND COy Ln., l Herald Office . ga.Us. '_.. r ■ TO HOTELKEEPERS AND CAPITALISTS. FOE PEIVATE"SALE OE LEASE, THE CLARENDON HOTEL, Palmkrston North. ONE of the most valuable j>ror erties ' in Palmerston North, buile on balf-an-aero of land with frontages to the Squnre, . ' Rangitikei and Cuba Streets, together with ' three shops fronting the Square, and let at good rentals. Tho goodwill of loose of eight acres of rich land part in garden and orchard, with 1? years to run at n pepporcorn rental is -, also lnoluded. - " ■ This is without doubt one of the soundest Investments offering. Tbo price is an undoubted bargain, and the value of the property must rapidly inorcase. ■ Terms easy. Full particulars on application to ... BANNER AND LDDDLE, Napier, Or t» STEVENS AND GORTON, Estate Agents, , 106 Palmerston North: FOR SALE, a Bargain, 3 Section^ on the Bill, well planted with Fruit Trees -. , in full bearing. For price, So, apply J. A. Turner. Box 134, P. 0., Napier. 387 rf«O SELL OR LEASE, Forty Acres, ' J- fenced and subdivided; easy access. Greenmeadows. Rural section. Apply P. T. Colledoe, Jeweller. SBl GROWN LANDS TOR SALE. Crown Lands Office, Napior, 23rd December; 1887.. ATTENTION is directed to Ike Sale of forfoited Deferred' Payment , Sections, Woodvillo District and Matamau Village, also ordinary Deferred Payment Seotions in Pohui and Ruataniwha districts, - and other Sections. Bee Sale Notices at Post-offices and Railway ' - Stations for further particulars, or apply at - this Offlco. G. W. WILLIAMS. 177 Commissioner of Crown Lands. . ' FOE SALE, -IAA 3-YEAR-OLD STEERS, JL W FORWARD STORES. < Apply A. T. RUSSELL, Manager Fairfield, Ruataniwba. December 31, 1587. 211 FOESALE A VERY CONVENIENT Four roomed Dwelling, with one rood of land attacked thereto; commands good view. Can be sold ohsap. Also, . r Four-roamed House, Beach-road, section 23x824. Pricolow. Apply. 213 BROOKING & SIVOLAIR. FOR SALE, 1 Iron Plough Cutting Maohino ; 3S inches ; nearly new. Price and foil particulars will bo given ori application at tho Herald Office. DiNwiDDru, > Walker and Co., Limited. H. L. DONNELLY'S LIST op . '. CHEEP FOR SA LE. : 10,000 Crossbred Ewes and Wethers ' — 20,000 Merino Ewes and Wethers The abovo sheep are in lots to Buib' ' .' . chasers and are all ages. H. L. DONNELLY, 217 fho Willows, Papakuro. GREENMEADOWS BUILDING /- > ESTATE. DEFERRED PAYMENT SYSTEM A PPLICANTS for Sites and Resi- . xjl dences on Greonmeadows Building Estate, on the Daforred Payment System, can obtain plans and all other information on - application to the undersigned at the Agont'o Office, opposite tho Chief Post-office, Shako- , spoare-road, ■ ; THOMAS R. COOPER, . SO Agent and Aiohiteofc for the Estate " s OASSELL'S PICTURESQUE AUS- ■ TRALASIA, IN FOUB VOLUMES, GHiT-EDGED. rpHE best ILLUSTRATED Account,. A of New Zealand and the Australian' \v Continent and Islands that has .ever been ; givfn hi tho public, containing descriptions J , and accurate drawings of all the great eventt- . -; from tho timo of the BALLARAT EXPLO. ... : SION to that of ROTI.IMAHANA and^ite , -■ weirdly vanished terraces. A neccssaryaddt- , . tion to tho coleniflto library, and the most- .; suitsbl present to distant friends. / -..>.- ;. : .-; Orders for Napier token by U STBArMJ^,,. Gbokob Bowbbb. Address .letterßli. Steab.-. .-.,. Napi»r. - . . >.;■ V^&Z^ ' - •.X j'^iVi-J. 1
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Bibliographic details
Hawke's Bay Herald, Volume XXIII, Issue 7959, 25 January 1888, Page 3
Word Count
1,377Page 3 Advertisements Column 7 Hawke's Bay Herald, Volume XXIII, Issue 7959, 25 January 1888, Page 3
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