Page 3 Advertisements Column 4

Oamaru Mail, Volume IV, Issue 983, 13 June 1879, Page 3

PUBLIC NOTICES PROSPECTUS OF THE O AMARU CROW FLOUR MILLS AND BAKING COMPANY (limited). CAPITAL - - - £50,000, In 10,000 Shares of £5 each, (Of which it is proposed at present to call np no more than £2 10s.) Payable—los on application, 10s on allotment, 10s in three months, and in calls of not exceeding 10s per share, and at" intervals of not less than three months, until the amount of £2 10s has been paid. Shareholders may elect to pay £2 on allotment, in which event they will be allowed discount at the rate of 10 per cent, per annum, for the period between the time of payment and the time when future calls are payable. PROVISIONAL DIRECTORS : Johnßarraclough, Esq. A. H. Maude, Esq. Edwin Collis, Esq. "W.H.Ronayne,Esq. T.C.Dennison,Esq.C.E. 6. A. Sutton, Esq. A.A.Fleming,Esq.M.D. H. Watson, Esq. Herbert Edwards, Esq. SOLICITORS : Messrs. Hislop and Creagh. BANKERS : Colonial Bank of New Zealand. LOCAL AGENT : George Sumpter. This Company is formed for the purpose of combining the Milling and Baking Trades upon an extensive scale, thereby reducing the cost of bread to the consumer to the lowest possible price, and at the same time securing a sure and ready casli market for the Flour produced at the Company's Milta The Provisional Directors have arranged for the taking over by the Company, after its incorporation, of—(1.) The interest of J. T. Evans and Co., in the Lands, Buildings, and Premises owned or occupied by them in Oamaru. (2.) The Business and Assets of Messrs. J. T. Evans and Co., Millers and Grain Merchants, Oamaru, for the sum of £7OOO, of which £2500 is ayable within six months, and the alance (£4500) in 1800 shares of the Company, with £2 10s paid up. A valuation of the buildings and land? has been made by Mr. Johnston, Architect) of the machinery by Messrs. Jack, Steel, and Hendry ; and of the other assets by Messrs. John Locke and Jobn Church. The amount of £7OOO has been arrived at by deducting the amount of the liabilities from the total of the valuations and by adding the amount of £2009 on account of good? will and preliminary expenses of formation of Company, which are to be paid by ven- , dors. The vendors are willing to retain the management of the business for three year?, and are willing (in the event of the directors leaving such management to them) to guarantee interest on the paid up capital at the rate ®f 10 per cent, per annum for that period. The Crown Flour Mills are situated in the centre of Oamaru, and have direct railway communication, thus reducing the cost of carriage to a minimum. The Mills contain five run of mill stones, fitted with the best English and American Dressing Machinery, and from their situation and completeness are undoubtedly the best milling property in New Zealand. They are in full operation, produoing flour which has established a first-class reputation in the chief New Zealand markets. The Mills consist of a substantfal fourstoreyed stone building 120 feet long by 54 feet broad, with engine and boiler house, bran, store, dust, ana smut room, coal shed and workshop attached, and provide storage space for 30,000 bags of grain. The Engine, a compound tandem by Messrs. Musgrave and Sons, of Boulton, England, is pronounced by competent judges to be one of the finest in the Colony, and the boiler is fitted with a " Green's Patent Economiser," effecting a saving of 25 per cent, in fuel. The Motive Power and Building are designed for a 10-run mill, enabling the Company, at small expense, to add to the number of stones, &c., as their business increases. It is proposed to erect bakehouses at once, and to supply bread in Oamaru, Dunedin, Timaru, and intermediate towns at the lowest possible cash price, thus securing the Company a cash sale for their flour at market rates, and, by saving the baker's profit, reducing bread to a price which cannot fail to prove a great boon to all householders. The Provisional Directors have every condence that the public will support this undertaking, providing, as it does, both a profitable investment for their captital, and a reduction in the cost of the most necessary article of daily use. 864

behalf of the New Zealand Insurance Company and myself, I have to. Thank those who so kindly aided in putting out the Fire that occurred In Thames-street, which might otherwise have entailed serious loss. GEORGE SUMPTER, 837 Agent for New Zealand Insurance Co. THE undersigned haviDg 300 TONS of NEWCASTLE COAL lying in John Orr's depfit, is PREPARED TO SELL the SAME for 48s per ton, nett cash. "Weight guaranteed. 621 C. GALBRAITH & CO. CHEAP FUEL FOR HARD TIMES. THE undersigned is now selling SHAG POINT COAL at 24a per ton, not including cartage. Special arrangements for quantities. All orders mnst be paid for before leaving the yard. Newcastle and Kaitangata Coal at lowest cost price. 838 JOHNORR. COALS! COALS! COALS. SHAG POINT COAL, the BEST and CHEAPEST to the Consumers, may be had at 24s per ton cash, from 832 J. T. EVANS £tn> CO Grand art union of pictures, CONSISTING OILPATNTINGS, OLEOGRAPHS, CHROMOS, STEEL ENGRAVINGS, FERNS AND MOSS, Valued at Two Hundred Pounds, The whole of which will be disposed of by Art Union for little more than half their value, namely, 120 MEMBERS at ONE GUINEAS EACH. These Pictures are now on view at Mr. G. Greenfield's Mart, Tyne-street, and will bo drawn for when the list is full. The drawing will be conducted by a committee appointed by the members, on the same principle as the Art Union in London, As there are SIXTY-THREE PRIZES aod only 120 members, the drawing will, no doubt, take place shortly. Every member will be advised of the time and place of drawing. G. GREENFIELD, Treasurer. From whom Tickets can be. obtained. NOTICE. WE ARB £IASH BUYERS OF OATS. 681 CONNELL AND CLOWES. LOST, at or near the Railway Station yesterday —A ROLL of MUSIC.— Any person kindly giving information concerning the same at the office of this paper would confer a great favor. 427