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Exhibitions International Exhibition CHRISTCHURCH. OPENING DAY, EASTER MONDAY, APRIL 10m ADMISSION— Opening Day—From 6.30 to 10.25 a.m. Five Shillings ; from 1 to 5 p.m., and from 7.30 to 10 p.m., One Shilling. At other times—ll a.m. to 5 p.m., and 7.30 to 10 p.m., One Shilling. Special Art Gallery—Sixpence extra, SEASON TICKETS—Price 2 guineas for single ticket, and 1 guinea for any other members of the same family. These admit the holder to all parts of the Exhibition (including the Special Art Gallery) one hour in the morning before the general public, and at all hours at which the Exhibition is open until the close. They also admit to the opening and closing ceremonies, and to any concerts that may be held. They are NON-TRANSFEBABLE, and will consist of a printed signed form, which will be pasted on to the photograph (carte de visits size) of the applicant at F. B. Mills’ Triangle, High-street (opposite B. Petersen and Co.), where ReSERVED SEATS for the OPENING CEREMONY are also obtainable. By order of the Promoters. R. S. WALPOLE, ; 9344 Secretary. ‘ Prospectus PROSPE C T U S OP THE WELLINGTON AND MANAWATU RAILWAY COMPANY (Limited.) CAPITAL ... ... L 500.000 (In 100,000 shares of L 5 each). First Issue of 60,000 Shares (Of which 44,658 have been allotted). Terms of issue, 2s 6d per share to be paid on application, 2s 6d on allotment. Calls not to exceed Is per share, at intervals of not less than three months, for a period of five years. Dibectohs: J. E. Nathan, Esq., Chairman. James Bull, Esq., J.P. John Plimmer, Esq. C. J. Johnston, M.H.R. J. S. M. Thompson, Esq. W. H. Levin, M.H.R. W. Turnbull, Esq., J.P. Jas. Linton, Esq., J.P. Jas. Wallace, Esq. Bankers : Bank of New Zealand. Solicitor ; W. T. L. Travers, Esq, The contract with the Government, under the Railways Construction and Land Act, 1881, having been completed, the Directors have determined to offer a further issue of shares to the shareholders and public. The Directors are sanguine that, after 60,000 shares have been subscribed for, they will be able to conclude such satisfactory' financial arrangements as will enable them to at once proceed with and complete the _ important work of connecting the City of Wellington with the Manawatu district by rail. . Applications for shares in the form annexed, accompanied by a deposit, as above, must be addressed to the Secretary of the Company. The share list will be closed on the 17th April, 1882, and shares will be allotted according to priority of application. Application Forms may be had at the temporary offices of the Company, Temple Chambers, Featherston-street. FORM OF APPLICATION FOR SHARES. To the Directors of the Wellington and Manawatu Railway Company (Limited). Gentlbmeh, — Please allot me shares, of L 5 each, in the above Company, on account of which 1 herewith enclose £- —, being equal to 2s 6d per share, payable on application; and I agree to take the said - shares, or any less number that may be allotted to me, subject to the memorandum and articles of association, and to pay the further sum of 2s fid per share on allotment, and I request that my name be placed upon the register in respect of the shares so allotted.—l am, Gentlemen, &o, Name in full, ... Address, ■ , , Occupation. 9321 PROSPE C T U S OP THE RED LION BREWERY COMPANY (Limited). Capital • ! ... ... LIOO,OOO In 100,000 Shares of LI each. The First Issue—6o,ooo shares— Of which it is proposed to call up 10s per share as follows 2s 6d on application, 2s 6d on allotment, 2s 6d in three months, and 2s 6d in six months. Provisional Directors : James Sooullar, Esq. late of W. and J. Seoullar) Jacob Isaacs, Esq. (Hallenstein Brothers and ’ Co.) W, Thompson, Esq. (late of Criterion Hotel) John Sibbald, Esq. (Provincial Hotel) ; 1 B. Sievwright, Esq., Dunedin T. W. Kempthorne, Esq, Dunedin William Watson, Esq. (Martin and Watson) Robert Paterson, Esq. (Paterson and McLeod) William Royse, Esq., Dunedin Julius Hyman, Esq., Rattray-street, Dunedin John Aikman, Esq., Mornington, Dunedin William Langlands, Esq., Alva-street, Dunedin. Bankers : The Colonial Bank of New Zealand, Solicitors : Messrs Sievwright, Stout, and Co, Brokers : Ritchie, Bartleman, and Co., and W. H. Quick, Dunedin. Lidbetter and Cooper, Wellington. This Company is projected for the purpose of taking over and carrying on the well-known; and old-established business of the Red Lion: Brewery, which has been successfully carried on by Mr Maurice Joel for the last eighteen years. ■ ’. ■ It is not anticipated that any further calls than as above stated will 'require to be made, as Mr Joel will leave, at the option of the Directory, L 15,000 of the purchase money on secured debentures of the Company for a term; of seven years, bearing_ interest at 7 percent/ per annum, and he will take 20,000 shares—which will leave 40,000 shares for distribution. He will also undertake the management for two years. An agreement has been entered; Into between Mr Joel and the Provisional; Directors to the above effect. The Red Lion Brewery has always maintained a high reputation since its establishment in 1862, and has taken more prizes than any other in the colony, and the beer is consumed extensively in both islands. Takingthe average profits of the last ten years as a standard, the business shows, with the rents of the properties and interest of loans, a profit of 18 per cent, per annum on L 30,000 (the sum; proposed to be called up), verified by Messrs William Brown and A. Bartleman, Account-: ants, as per their certificate below. The profitable nature of carefully managed brewing companies is well-known; and it may be safely said that this investment will constitute one. of the most lucrative of its kind in the colony. The brewery land consists of 1 acre 27 poles (freebold), having frontages to Great King and, George-streets; Dunedin, and contains a well, affording a never-failing supply of the best water for brewing in the colony. Upon this land are erected the substantial and well-con- ‘ structed brewery buildings, consisting of brick and stone'mashmg and storage premises, large; brick and stone cellar, stone fermenting; rooms, stone malthouse and kiln, brick and; stone bottling * stores, and- brick stables, together with fixed plant of the most modem and approved construction, with brewer’s residence, offices, and other premises, which, with the goodwill, extensive connection, and business of the proprietor, will be taken over at the price of L 17.000. The other properties, consisting of freehold and leasehold hotels, loans to hotelkeepers (secured), stock of beer, materials, barley, and malt, good book-debts, loose plant, and furniture and stock in hotels, will be taken at a price to be ascertained by valuation. The total purchase-money is estimated to amount to about L 40,000. As tho business has been a profitable one to Mr Joel, the Provisional Directors can with confidence recommend it as a safe and sure undertaking to investors, and one capable of much further development. The large interest retained by Mr Joel in the business is a guarantee of bona fidcs and of the success of the Company. ■ Applications for shares may be lodged with the Brokers, or with the Colonial Bank of New Zealand, Dunedin, and its branches throughout the colony. The Share List will be closed on the 6tk April, 1882,’ Accountants’ Report. ■ At the request of Mr Maurice Joel we have, examined - the profit and loss account in his books fora period of ten years, embracing the years 1872 and 1881-inclusive, and extracted therefrom all credits and debits arising from ordinary trade transactions, and we find that the; results run very evenly throughout the period, arid that without taking into account the rental of tenements at present vacant, the average of the trade profits, less trade expenses and had debts, added to present rents and interest produce a net -result equal to 18 per cent, on L 30,000. : f WILLIAN BROWN. 9233 (Signed) BARTLEMAN;].

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18820405.2.29.4

Bibliographic details

New Zealand Times, Volume XXXVIII, Issue 6542, 5 April 1882, Page 4

Word Count
1,318

Page 4 Advertisements Column 4 New Zealand Times, Volume XXXVIII, Issue 6542, 5 April 1882, Page 4

Page 4 Advertisements Column 4 New Zealand Times, Volume XXXVIII, Issue 6542, 5 April 1882, Page 4

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