NEW ENTERPRISES IN OTAGO.

New Zealand Times, Volume XXIX, Issue 4215, 23 September 1874, Page 3

NEW ENTERPRISES IN OTAGO.

The following particulars of two new enterprises of very diverse character are given in the Otiujo Daily Times: —• THE SOUTHERN HOTEL COMPANY’S HOTEL. Mr. It. A. Lawson has in preparation plans and specifications of the monster structure for the Southern Hotel Company. The site on which it is proposed to erect the building is the half-acre in High Street on which stands Tamora House, and a quarter-acre section adjoining. The building will occupy the greater portion of the half-acre referred to, and the remainder of 'the ground will be laid out in an ornamental manner, with fountains, shrubs, and flowers. The building will have a frontage to High Street of 100 ft., by a depth of 146 ft. The building is intended to be erected in the form of a hollow square—that is to say, it will have an interior court which will not be covered over, and which will afford light and ventilation-on all sides. The principal entrance to the hotel is intended to be from High Street, and there will be a carriage entrance on the eastern side—the side nearest Manse Street. The building will be five storeys high, and, in fact, in one part will be six storeys, advantage being taken where the ground falls away to form a basement. It is proposed at present to erect the eastern and the northern wing. At first it is intended to have no less than 100 bedrooms, but the whole structure as designed will have fully double that number. The dining-room is to be 75ft. by 36ft. It will open on to a balcony which will give a promenade the whole length of the eastern side of the building, at such a height that no matter what building goes on in the neighborhood the outlook will be one of the finest from a locality so near the business part of the town—no building can shut out the view. It is intended to erect the basement in Port Chalmers stone, and the superstructure of brick finished in cement. The area of ground the building will cover is 14,600 square feet. MARINE STORE AND PIGGERY COMPANY. A preliminary meeting was held at the Universal Hotel for the purpose of establishing a Marine Store and Piggery Company in Dunedin. Mr. Hildreth occupied the chair, and about sixty persons were present. After some most amusing remarks had been made, Mr. Pavletioh stated that he was the promoter of the company.. He had already spent about £SO for the proposed object, and was willing to expend £IOO more. If they went through the streets of Dunedin, they would see an immense amount of property under their feet. If people noticed a large piece of coal on the road, they were too proud to pick it up, but they would have no objection to stoop for a sixpence. If the company were started it would afford employment to numbers of poor people. There would then be no necessity for them to take advantage of Benevolent Institutions. If they brought old boots, old hats, or anything of that kind to the proposed company, they would receive money for them. He protested against persons spending their cash, and trampling on the grace of God. He wished to keep a clean town like everybody else. There was more fortune in the streets of Dunedin than they had in their pockets. He proposed to start the company for the sake of poor people, and would be willing to put the profits from his own shares in the poor box. Whether they established the company with £lO, £SO, or £1 shares, they would be sure to make money by it. [A Voice: are you a purchaser of fish bones, Mr. Chairman ? The Chairman replied that he was not ashamed of his profession.] Mr. Pavletich explained that he had paid all the preliminary expenses, and if the Press did not publish his speech, he would circulate his ideas over the country by other means, if it cost him £2O. He proposed the following resolution : —■“ That in the opinion of this meeting it is desirable to establish a Marine Store and Piggery Company (Limited); the capital to be £2OOO, in 2000 shares of £1 each.” The waste products of a country were of immense value. In Yorkshire, the woollen waste alone was worth £3,000,000 a-year, He could tell those present that for freight alone rags cost £l3 from Dunedin to London wharves. He was very much surprised that the subject had not received greater consideration. The freight on the rags and the duty on paper again out here constituted a gi’eat protective tariff. He declared, as a practical man, that until a paper manufactory was established in Dunedin, the proposed company would be a failure. With regard to the piggery, he knew very little about that. He was willing to take shares in the company. The motion was put and carried unanimously.