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Sales by Anction. rpHAMES CATTLE MARKET. BANKS & CO., Stock and Commission Aoents. Market each THURSDAY, at their Varda, Parawai, at 2 p.m., for sale of Stock of all descriptions, Produce. <fcc. Consignees of Stock can depocd upon every attention being given, good Paddock Accommodation and PSOSJTT A.CC6FXT ALEd. Public Companies. jpRGSPECTUS Or THE WESTPORT COAL COMPANY LIMITED, NEW ZEALAND. (To be registered under the "Joint Stock Companies Act, 136 V Capital, £400,000 : in 80,009 Share* of £5 each, Of which 30,003 Shares vfjllbe taken by the present owners aa part payment for the property. 25,000 Shares die cow offered in New Zealand, and 25,000 Shares in Victoria—which will be payable as follows, T ji!.: 5s on application; 5s on allotment; balance at intervals of not les* than three months, and in amounts not exceeding 10i per Share. It is not anticipated that more than £2 10a per share will require to be called np. The present owners take their Shares paid up to £2 10s each, and will be with other Shareholders for tin reiniininj £2 10a per Share. Provisional Dxp.scror.-i: DUNEDIN* : A. J. I>urus, Esq., Manufacturer John Davie, Esq. (MacLandress, Hepburn, & Co.) Robert Gillies, Esq. (Gillies & Street) Allan Holmes. Esq., Solicitor George Joachim, Esq. (Caririll. Gibbs, 4: Co.) \V. J. M. Barnach, Esq., 0.M.C., President Chamber of Commerce John McGregor, Esq., Civil Engineer Robert Patcrson, Esq. (Paterson and McLcod) Evan Proiser, Esq. (Kempthorne, Pros«er, i: Co.) MELBOL'ENK : The Hon. James Balfour, M.L.C. C J. Ham, Esq., Mayor-Elect Robert Harper, Esq. (R. Harper & Cd.) I The Hon. E. Lan?ton, Temple Court Thomas Loader, Esq., Chairman Melbourne Harbour Trust John Mcllwraith, Esq., City Councillor James Ormond, Esq. (Jamc-s Service & Co.) George Robertson, Esq., Publisher and Importer R. Murray Smith, Esq., M.L.A. J. 1L White., Esq., Shipping Agent Backers : The Bank of New Zealand, Dunedin and Melbourno Solicitor* : Allan Holmes, Esq., Dunedin Messrs. Malleson, England and Stewart, Melbourne General Masaoeh and Secretary : W. Hay Dicks )n Brokfrs: Messrs. Lyell and Gowan, Melbourne Messrs. Clarke and Co., Melbourno Messrs. Gilliea, Street and Hislop, Dunedin, New Zetland This Company has been formed for the purpose of acquiring and working on an extended basis the well-known Coal Mining property at Westport, New Zealand, now owned by the Westport Colliery Company, Limited. That property consists of leases covering area 3 of over 4000 acres, all coal-bearing, held diiect from Government for a term of ninetynine years, with Mines, Railway*, and other works thereon, in active operation, ami is one of the most magnificent properties in any of the Australian colonies, whether vs regards the quality of the coal, the extent and thickness of the fcams, the economy of working, or tho facilities for output and shipment. Prospectus, containing the fullest particulars and any further information, may be obtained on application to the locil agents, Mr. Chas. Alexander and Alexander Saunders, to whom applications for shares should be made. ST* H E L 1 E R s LAND, BUILDING, AND INVESTMENT COMPANY (LIMITED). CAPITAL £50,000, In 10,000 Shares of £5 Each, 10s. payable on application, 10s. on allotment, and the balance as required. Directors : William Aiiken, Esq. Thos. Lindesay, Esq. J. Bennett, Esq. Thos. Morrin, Esq. Captain J. L. Clark E. Mitchelsoa, Esq. J. Gift'ord, Esq. Dr. L'urchas. Solicitor : William Coleman, Esq. Secretary : T. W. Hickson, Hankers : The National Bank of New Zcalaiv*.. Brokers : T. "W. Hickson and Authorised Agents. Few classes of investments can be named which hare, as a rule, proved so largely and certainly remunerative as the purchase, in wholesale blocks, of suburban lands, and their sub-division and sale in sections suited to the requirements of the general public. Lands purchased witliiu the last ten or fifteen years, at from £10 to £20 an acre, in the neighbourhood of Ponsonby, Mount Edvii, Epsom, Remu-jra, and North Shore are now realizing from £200 to £700 and £800 an acre. Even at Onchunca (seven mile* from town), quite recently, land for villa sit«:s has changed handJ at £200 to £o J0 au acre. The St. Ilcliers Company has been fortunate in securing the fee simple of an estate withiu twenty minutes' journey of town, and possessing unrivalled natural advantages for the formation of an exceptionally attractive seaside suburb, and this on terms which will enable the Company to offer cottage, villa, and country residence sites at prices and on terms irhioh trill defy and will, at the same time, sccure to Shareholder* an immediate, certain, ar,,i f, ighly satisfactory return. The Estate consists of the three properties, recently belonging to the Auckland Stud Company, Messrs. Gift'ord and Evans, and Messrs. Gollan, containing some 551 acres (and including the whole of the late General Taylor's " (Hen Orchard," property), situated at the entrance of the Waitemata Harbour, to which it has an extensive frontage, as well as to roads in tho vicinity of St. John's College. To many the place i 3 familiar. To describe and do justice to its manifold beauties within the limits of a prospectus, even if desirablo, would scarcely be practicable. Sullice it to say that experienced travellers have gone so far as to declare that its scenery surpasses anything they have ever see i in other parts of the world, and to predict for the undertaking a future of unrivalled prosperity. It is within such easy reach of town that anyone desiring to satisfy himself of the truth of the assertion can have I no ditficulty in doing so, to which end every facility i will be given by the Directors or Secretary. The distance by road cm. be covered with ea.se in a trap in | forty-live minutes from town. The route is by Newmarket, Remuera, and St. John's College. The Directors have entered energetically into the work of opening the place up without loss of time, and. to this cud, have made arrangements for the ; erection of a pier, at 'vhicli largo steamers may land passengers in comfort and safety. They have also in , contemplation the purchase of a first-class paseenger steamer, to run regularly between the pier and Queenstreet Wharf, a trip which (beiugunder4j miles) may be done in from 20 to 30 minutes. Steps have also been | taken for opening up a new and more direct road i through Orakei, which will considerably lessen the ; distance by road. j The survey of the estate is being vigorously pushed I on, necessary resorves being made for recreation anil i other public purposes, including an esplanade along j the wnole length of the water frontage, A portion of : the native bush, several acres in extent, will be care- ; fully preserved, and roads and sections will be laid off in such a way as to give easy access throughout all parts of the property and to the many beautiful sites its verdure-clad slopes afford. The Company h:*s been formed under favourable auspices, a large number of shares having been already taken up, tho Company registered, and the purchase of the property completed. Tho Articles of Association, together with maps and photographs of the estate, aro open for inspection at the Registered Oilico of tho Company, Great Northern Land Agency Rooms. Applications for Shares can be made to the Secretary or to aay Member of the Auckland Brokers' Association.

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https://paperspast.natlib.govt.nz/newspapers/NZH18811202.2.41.4

Bibliographic details

New Zealand Herald, Volume XVIII, Issue 6254, 2 December 1881, Page 8

Word Count
1,205

Page 8 Advertisements Column 4 New Zealand Herald, Volume XVIII, Issue 6254, 2 December 1881, Page 8

Page 8 Advertisements Column 4 New Zealand Herald, Volume XVIII, Issue 6254, 2 December 1881, Page 8