Page 6 Advertisements Column 3

Manawatu Standard, Volume XL, Issue 7900, 28 July 1904, Page 6

Dated and filed-with the Registrar of Joint Stock Companies on the 23rd d ay of June 1904. SFJDY THSS FROM A BUSINESS STANDPOINT..... "The Empire? Bdlevue, & Mansions CONSOLIDATION LIMITED." To be incorporated under " The Companies' Act, 1903." _—;— « C A PITAIi, 5i50,000 -divided into 30,000 shares of £5 each, of which 3000 shaves, fully paid up are to be allotted to the Vendor; 3000 are reserved for subsequent issue for extensions of business ana n»V»h?f £ u«?i?«^,. ani, the *t mainil»£ 22 000 shares are now offered to the public for subscription, payable as follows :-£i per share on application, SI per share oh allotment, £n& the balanoitaf calls oi not more bhan £1 per share as may be required, and at intervals of not less than two months. PROVISIONAL D! RECTORS: CHAELES F. GEEENSLADE, Esq., Dunedin (Managing Director Speight & Co., Ltd ) "'''"' ARTHUR E. Y. LODDEE, Esq., Wellington (Proprietor City Buffet Hotel). : - CHARLES H. IZARD, Esq., Wellington, Solicitor (Director Wellington-Manawatu Railway Coy., Ltd J ' ' ALBERT MARTIN, Esq., M.D., Wellington (Director Equitable Life Assurance Society of U.S.) EDMUND ALLO,- Esq., Wellington, .Electrical Engineer and Hydraulic Expert . ■ HEREMAN LEWIS, Esq., Wellington, Investor . CHARLES TRINGHAM, Esq., Wairarapa, Sbeepfarmer (Director Wellington Trust, Loan & Investment Coy;, Ltd.) Who hold office until the first meeting of shareholders which will he held Jiofc less than one month nor more than three months from th© : "' b ft Sh Tn-' 3 entitled to commence business, at which meeting permanent Directors of the Company'.wilT be appointed -'; BANKERS: 7,.' . The National Bank of New Zealand, Limited. , - SOLICITOR: J. J. Devine, 16, Brandon Street, Wellington. BROKERS: i3 ; u-r, Leary & Co., Wellington; WiUiam H. Turnbull <fe Co.", Wellington ; Harcourfc c& Co:, Wellington ; Fenwick Bl'OS Dunedin B. O. Duncan, Christchurch; V. J. Lame-,, Auckland; Eichard Gooch, Waihi; Mark Sprot & Co.,Greymoufcn & HoS£ H. Chadwick & Co., Hawkes Bay ; C. H. Lewis, Poverty Bay -■: J. ]?. Claric, Nelson ; Bewley & Griffith £ pSSoSk - K. Brett, South Canterbury ; C. L. Du'igan &'Co., Wanganui. --7 r SECRETARY • (pro tern) i .T. S. Schwartz, Colonial Mutual Buildings, Custom House Quay, Wellington. Tins Company is'being formed for the purpose of acquiring, as "The Bellevue Hotpl an/? fti^oT,e» a going concern three of the moat valuable business proper- ' xseiieYUe JtlOGei ana fcrardens. ties in New Zealand—the large and palatial EMPIRE This wonderfully picturesque. estate is not only a popular (,) ™L', in v?illis and Victoria streets, Wellington; the beautiful: resort for Wellington people, but is one of the sights of the BKLLEVUE GARDENS and fashionable Hotel at the Lower Colony, and is by far the most attractive of W'ellin"ton's Hutt, and the popular Private Hotel known as "THE MAN-,- pleasure-spots.-- :. : ' °- SIONS," in Ghuznee street, Wellington. .. ,J A.s a pleasure-place within easy reach, of a metropolitan-^ It is proposed to purchase these three properties for tho stim centre " The Bellevue Gardens " are unrivalled in New Zealand ': of £130,000, of which the vendor receives £55,000 cash and 4000 They are. unique. A great feature of the estate is the magnificent^ fully paid-up shares ; the sum 0f.£55,000 remaining on fixed BOTANICAL. GARDENS, the finest private gardens in the 7 mortgage. The fact that local companies have a sum of £55,000 Colony. They present a happy combination of park and flower- V on fixed mortgage is an undoubted proof of the soundness of the garden, surrounding a handsome hotel of the cbateau-buncalow ' securities offered type. There are groves of arboreal ferns, nikau and other palms 7 .J. he value of the assets to be acquired by the Company has trees, shrubs and flowers from all parts of the globe • flower-beds-' been carefully assessed by well-known and reliable experts, and in vivid bloom all the year round ; the most delightful of shad ra summary of their reports show a total value of £144,229. ' nooks and rose-embowered arbours and rustic summer-houses ' ' These figures, based on thoroughly reliable estimates, show a There are Sixtesn acres in this property. It' has'about surplus of £14,229 over and above the purchase price to be paid 1.500 feet frontage to the main Waiwetu' road one of the by the Company. principal thoroughfares in tbe Hutt Valley -Ihe intention of the Company is to carry on the three busi- Thereceipts of ." The Bellevue " Hotel ana Gardens frotnl.t nesses named on the soundest and most popular lines, and to January, 1902, to 20th February. 1904, amounted to £10 221 0s i'd utilise to the utmost the latest and most modern ideas in hotel The expenditure was £8,545 *7s 7d (including £1 609~ 10s lOd management,- extra outlay for repairs, up-keep, and improvements) leaving * - m U . . *„ ' ' -~,,. ■ surplus of £1,07512s 9d. • . ' X • lfi!S 1S an Ag® Of Consolidation. '.. During this period 52,103 visitors paid £1,302 lis. Gd. for a.lTbe trend of modern business methods is in the direction of miss} on *° the grounds.;. The flowers sold from the Gardens merging small enterprises into great, and thus reducing the rea|i sed a sum of £41G 9s. , expenses of management. The amalgamation of these lbel-'e are immense possibilities before. ",The Bellevue V .' three important properties will enable the joint management to Pl'°Perty> owing to the straightening of the Hut't railway, now■'-.. effect a considerable saving in many classes of Stock, Goods Pr°ceeaing, which will shorten the distance by fully one-third. : Provisions, &c, which by being purchased in large quantities will an? ""^ee thousands more tourists as well as residents to spend bo secured on much more profitable terms than under separate a. n°nday at this attractive resort, which bas absolutely noownership. . rival outside of the spas in the Thermal.Springs Region-. ' • The consolidation of the properties will undoubtedly result in - "The Mansions '' ""' -^ ;-? Efficient and Economical Management, 7 This luxurious boarding establishment 'is the finest'«« ' Increased Business class in New Zealand. It combines a handsome exterior wlin '" and Increased Profits. t^J aiflJim^ ov-eraents *,? *r4 ite£: tiu' e and: furnishing, in..-:- ---..,.', ~!.,. ~ ~. CTery de'ail it is a well, designed,'comfortable'-resfdence As to the value of the three assets in this great business ■ The palatial character of. the furnishing may be gauwd fro 4' proposition, first consider the fact tbat they cost nearly £4,000.. - - 7 ° - "The Empire Hotel." During the eight months, ended. March 31,. 1904, the total ■'- mi- i ii- t i. •\, ■ , , ,• ™ .'. receipts of" The Mansions" amounted to £2;134 19='-.ind the This establishment is the premier hotel in Wellington, and is expenditure to £1,621 16s 9d„ leaving a surplusof £513 o. 3/ . mi point of situation architecture, equipment, and general con- The -house was only opened on August 1, 1903, so lhat it clt ''' venienee, one of the finest hotels in Australasia. It is unique in hardly be said to have been in full working ordTr for the whole o■ ' navmg wo frontages-to tbe two leading business streets-one to the period mentioned, notwithstanding the profits amount alrearf, Wiilw street, and the other to Victoria street. The position of this to 8 per cent, on the capital invested 7 .'■ : building may be said to be the most valuable in point of situation ..;.'■ and convenience which could be selected.for private or public HaVe YOU Money to IllYest*' ' enterprise in the whole of the capital city of New Zealand. ■■- ■ - ■ -- '" ; The area covered by the hotel represents a leugth from Then Seize -This Opportunity street to street of 190 feet, with a froutage to Willis Tt; o or, n t,<.„i n » n i j -i '» ' ■• ' and Victoria streets of 75 feet and 71 feet respectively. • „ f J! ,~« . y - U," d aDI* safo P'fposition. ono: that will It consists of four stories and the basement, and contains 125 6f an imniediat^ ■ . corns, 108 of which are bedrooms. ,• and c°ntlnyed increase mthe_ value of the investment,., It is- an-.; !.- exceptional opportunity, offering as it does an interest in what - r Nate these Figures! m}^ Tnckly become the1 most profitable hotel property south ■>' ~-,„.. v. of the Line. .-..■■ A carelul and full mvesbgahon of the books and accounts Properties in Wellington ,are rapidly .increasing in value: 7 of the Empire Hotel has been made by Messrs. Badham and owing to the City's situation and itsP great vSiSVtojfc' - .iissj.Professional Accountants and Auditors, Wellington. This will yield you far better interest than' any other ' ihcir report shows that from June, 1899, to October, 1903- class of property. As an investmeht" you cannot hetttw■ii'^ftA ■■'."■ ittla over four years-the hotel receipts totaUed £83.206, against shares will soon be at a premium-^ J ° ° -'' &TI(S $. vi expenditure of £51,811, leaving a net profit of £31,535, AH possible enquiry is solicited. Copies of the Prosnsctus ' h •xclusivoof interest. ' ' ; may be obtained from Brokers' of the Company; orS^the 7 For he year 1903 the total receipts were £2S^71 10s sd. - . Vendor, Mr. Herrman, Lewis. • Intending shareholders wHI be - ■' .n f minn? IT m°^ S !rom ovember lst- l^< -° February shown over any of the- properties.<'. Applications -forShares ''^ J9th, 1904, the receipts were £10,571 5s lid. Forthe months should be. forwarded to the Brokers; accomuaS^y-a S^tS^for -5 and February, 1904,. the receipts amounted to £1 on each share as application money ■■' ■ ••? .° V a" } i ' biS at the/ at?, o£ £33,423 per annum, Wellington is advancing enormously: These properties"nui**'-' .nd under the new management will undoubtedly increase at an correspondingly advance in value, and with theinei-ea=e iv profits >' •yen greater ratio. • ■- ; . naturally resulting from consolidation and economy in manage- 7 The present rate of profit on the Empire Hotel alone ment they offer an unparalleled field of investmeht > ~ b '■ represents over 8 per ciant. on the entire capital of the. This is no speculation., -It,;is : and. aoUd: business " •wnsohdation, without taking into. consideration at all the undertaking, with Big Profits assured ' ' «"«««!.. -i-ofits from ««The Mansions " and "Bellevue Gardens." Apply for SHARES AT...QNCE|.'-' ■'"''- - ■*• '7

MONEY TO LEWD IN SUMS OF £100 to £10,000 On COUNTRY, CITY, and j SUBURBAN FREEHOLDS AT EXCEPTIONALLY LOW BATES OF INTEREST. Repayments of not less than £25 can be made at any time on three months' notice. APPLY TO AKV AGENCY OF THE . Government Insurange Department. J. H. RICHARDSON, GoTernment Insurance Commissioner. Fob... PEINTING, ACCOUNT BOOKS BOX-MAKING, and RUBBER STAMPS,; 60 ™ REELING & HDNDY'B, Ransitikei-st, P.N. , Tclephon E. LARCQMB, CIVIL ENGINEER & ARCHITECT. OPFICE--LW Chambers.the Squar*' Private residence, Duke-street. Valuer and Arbitrator.