Page 3 Advertisements Column 7

Manawatu Herald, Volume I, Issue 69, 25 April 1879, Page 3

PROSPECTUS OF 'JHK FOXTON AND 8AN8ON" RAILWAY CO-, Limited. Capital— £3o,ooo, in 6,000 sbaies of I £5 each. , | Of which it is proposed to call tip £1 '•per share, payalle as follows :— Five ; Shillings per Share on application, L Five Shillings on allotment, and Five Shillings per Share at intervals of not less than three months, after ivkich no further call to be made for a period of fifteen years, 2he Promoters propose to bonmv upon debe?itures the : «mwjo/-£24,000. PROVISIONAL DIRECTORS. HON ROBERT CAMPBELL, M.L.C. of New Zealand H. SANSON, Esq, Settler. Sanson J. W. GOWER, Esq, JP, Runholder, Carnarvon HENRY HAMMOND, Esq, Runholder, Sandon GEO, FARMER, Esq, Settler, Sandon JNO. TOMPKINS, Esq, Settler, Sandon GEO. PHILLIPS, Esq, Settler, Sandon J. M'LENNAN, Esq, Manager, Oroua Downs JAMES HARRIS, Esq, Settler, Sandon j T. GrIFEORD, Esq, Settler, Sandon H. ROCKEL, Esq, Settler, Carnarvon — ■ BISHOP, Esq, Settler, Sandon JNO'. PRIOR, Esq, Solicitor, Sanson J. A. BAILLEY, Esq, Settler, Sanson CHAS. EDWARD^., Esq, Sottler, Sanson JAMES. BQWATER, Esq, Settler, Sanson E. S. THYNNE, Esq, JP, Foxton A. GRAY, Esq, Foxton F. LOUDON, Esq, Storekeeper, Foxton J. F. ROCKSTROW, Esq, JP, Foxton F. ROBINSON, Etq, JP, Foxton A. J. WHYTE, Esq., Hotelkeeper, Foxton J. M. PERREAU.Esq, Foxton HAXKERS. The Bank of Now Zealand, Sanson SOLICITOR AND SECRETARY : Jno. Prior, Esq, Sanson This Company is formed for the purpose of constructing, under the pro visions of " The District Bail ways Act," a Line of Railway from Carnarvon Junction, to Sanson, a distance of thirteen miles sixty chains. The District through which the proposed Line will run, is admitted by all competent judges. to.-, be some of the finest Agricultural Laud in the ; Colony, large quantities being nnn uaUy. brokeil ; up : ; there being at -the present time a considerable area uirtjeV ! cro j) '„ : is also extensive Biish Liiiid in the vicinity of the' proposed 'Line, ''containing first - class Timber., , „ ,_.- . . TiieLine will 'open ctirecl comrimnic:ition with tho Port of Foxton, and ' l ultimntely extend to Greatford Station on the Wa)iga&siui> /Ruiltvny, lessoning the distance from Foxton to "Wan* gaftni ; by 'twenty two miles, and >vill doubfe'lesa become a ; portion of the Main : Line Wellington to the North. :. ,-.: • ■ .-■ The Prorap^B* have confidence in predicting that the proposed Line will be a lucrative investment, as, outside Stock.- anti ;■ Timber,? Javgen quantities of Grain and other Produce must pass ovei ; 'it; ".'.Tbe Passenger Traffic would also be considerable', -and ' when the extension to the Greatforti Shttion is foriiied; by far the larger portion, if'!, not, the , whole,, of ._ the through ■ traffic would use the I4ne ; ; it making a ditt'erence of 'five shillings and sixpence' in a' single Ist class, auJ three shillings i'aud, eiglitpeiice 2nd class ticket from Wauganui to Foxton, besides a saving in time of two hours. . The Line being once formed, the ! quantity of land at present annually . j broken up would bo grently increased : through the facilities afforded, by railway transit for grani- ,The greater portion of the country through which the proposed line : rutfs is settled upon by a thrifty population. The Promoters have little doubt thr.t the working of the Line Avili lealize a handsome profit, beside the. security of the guarantee of 7 .percent, under " Tho District Kail-ways • Act." :■ ' • ■ The Line will be formed upon a portion of tho road the whole of the distance (about 13 miles) ; consex quently no land with the exception of thot required for Stations will be purchased, thus enabling the Company to cons^i^ih*iLift^^i' r iexce4>tiont>lly - favorable terms; inO iWtJ little or no co^st will be in.c.ujxed, besides the for« miition, which 5 wi^l 1 be' I df 'the easiest, tlvorf* being, jnoj cptthjgs of any_.yu^- , „ '^qrtance iiec§ssary. " ' ;. I i IThe paving ordered a ' large 'quantity of "rails from England " "at a low vate, have signified their willingness to suj^ly.-the Company jwjtlv^nperiol'' i-ailfjcffti! *b)e ipii:oix>?ed: I i iLJne at actual cost price, which offer th]e< J)iweU)i«! have/ resolved. : to accept. ,1 The Government have undertaken ;^o itttik Hi^^Liife-'uiyonlennssufficiftht tto cover .working expenses and wear iJollit/g SWck. "'■-•" 1 | glares-, havo already, been si\bsctibecl for in the District. It is the iftilentiou of jji^ fl^sgyj^^ s^kqetors 'to close the list on the — 'Eslrly , CffiCHfi® Mi ■; imiide by intending shareholders. '(< Trospectupes, wi^'h'fenns tf appli* ■eatiqu, ior iJiwes . attached, can be pbjtftW* & W* '-omeQ-bt'thd Bknk/ * 'o*f jNew Zealaud, Foxton nnd Sanson, anil afc the Mauawatu Herald Office, Fojcton. i "A to' prepared to cart goods between , -FoxtoM "*w y -Otokit ■• o* *t> ! **V other ;? ;« »ail r; of "the'-MHtiiaNValU' Di6tricti ; Bt' : ! .a>IOTIteIY iy'i 'd'r/-dIXdVKQQ