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Prospectus OF tHE KUMARA GAS AND COAL; COMPANY (LIMITED). Capital, .£6,000, in 1,200 Shakes op £5 ]£ach. A deposit of 5s per Share orr application ; 5s per Share on allotment, and subsequent calls not to exceed lOs per month. DIRECTORS: Mr W. Barronj. Mr W. S. Hanna* Mr E.'Keeiian, Mr James Rugg. BANKERS; Mr J. KCrr, MrGr. A.Munyard Mr J. S. Pearn, Union Bank of Australia. SOLICITOR: Mr W. M. Purkiss. SECRETARY; Mr James Wylde. Applications for Shares tobeaddressed to the at the Company’s office, Kcmara. The rapid’ growth of ; the Tpwn of Kumara, and ihbcertainty that, situated as it is on the moat extensive goldfield ever opened ,in New Zealand, it must still further extend, and maintain its position as the largest and most important inland town on the west of the ranges, renders it imperative that it should, without delay, be supplied with coal gas, both for lighting and cooking purposes. The advantages of gas are too. well known to require comment, and ■ it is only necessary to point out, that Kumara is especially adapted ‘for the economical establishment and maintenance of gas works. -Its vicinity to the Grey Coalfields, combined with the facilities which will be afforded by the tramway now being constructed, will enable coal to be delivered at the works at a lower rate than in any other town in New Zealand, Greymouth excepted. Whilst the site chosen for the works, and-the positional the placesof- business in the town, will enable the mains to. be laid with great ease and economy. The consumption will, without doubt, be large, there being amongst other houses and buildings, no less than forty-eight hotels, the proprietors, of which have expressed their intention :to use gas.as soon as it can be supplied. Carefully prepared estimates show that, taking the selling price of the gas at 20h. per 1000 feet, the profit would be 38 per cent, on the capital to be expended.

The Promoters have secured a'site for the works, had plans and estimates prepared;, and procured tenders for the whole of the material required 3 they have also registered the company and paid all fees and costs, for which they have accepted 90 paid-up shares. Gasworks have always proved highly remunerative, as. instances of which may. be quoted those established in Dunedin, Christchurch, Wellington, Auckland, Greyxnouth, and. Hokitika 3 and the present undertaking has been commenced under such favorable circumstances, that the directors can confidently recommend it as a. safe ahd. profitable investment.

“Is there no -hope 1 the sick man said The silent doctor shook hishbad.” “While there is life there’s hone, he r cried.” “ ASgroto, dnm anima eat, apes eat.” , DR. L. L. SMITH, (The only legally, qualified medical man advertising.) CONS (JLTSOn all Affections of the Nervous System (no matter from what cause arising) On all broken-down constitutions. On all diseases arising from early indiscretions. On Gout. On Rheumatism. IN these colonies, those excesses which we have indulged in “ hot youth” tell upon us with fearful interest. Our regrets are useless, our repinings futile. The sole idea should be the chances we possess of remedying the ills wp :alr£ac|y /have, or combating the effects likely to' result, Hide it as he may, put on as good an exterior as he can, still is the victim conscious that he is a living and that sooner or later his vices will discover him to the world.; Oilr Faith, our obligations to society at large, the welfare of our future offspring, and the duty, we owe to ourselves forbid procrastination, and point out to us, not to wait till the ravages break out n our constitutions. Before negociating' with a merchant, before engaging witha confidential clerk, before employing a barrister, a careful man makes enquiries as to their standing, their length of occupancy or residence; and, in the case of a legal adviser, both as to his legal qualifications and as to his capabilities of transacting the individual business he consults him upon. Strange to say, however, in the selection of a medical man, the. sufferer

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/KUMAT18770616.2.12.4

Bibliographic details

Kumara Times, Issue 219, 16 June 1877, Page 4

Word Count
677

Page 4 Advertisements Column 4 Kumara Times, Issue 219, 16 June 1877, Page 4

Page 4 Advertisements Column 4 Kumara Times, Issue 219, 16 June 1877, Page 4