Page 3 Advertisements Column 4

Oamaru Mail, Volume IV, Issue 987, 18 June 1879, Page 3

PUBLIC NOTICES PROSPECTUS OF THE O AMARU CROWN FLOUR MILLS AND BASING COMPANY (limited). CAPITAL - - - £50,000, In 10,000 Shares of £5 each, (Of which it is proposed at present to call up 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 tliey 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.

rnOYTSIOKAL MBECTOES : John "Barraclough, Esq. A. H. Maucle, Esq. Ed win Collis, Esq. W.H.Ronayne.Esq. T.C.Dennison,Esq.C.E. G. A. Sutton, Esq. A.A.Fleming,Esq.M.D. H. Watson, Esq. Herbert Edwards, Esq, SOLICITORS ; Messrs. Hislop and Creagli. bankers: Colonial Bank of New Zealand. LOCAL AGEXT : 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 a'ld ready .cash market for the Flour produced at the Company's Mills. The Provisional Directors liave 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 payablp within six months, and the balance (£4500) in ISUO shares of

the Company, with £2 10s paid up, A valuation- of the buildings arid lands lias 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 John 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 £2OOO on account of goodwill and preliminary expenses of formation of Company, which are to be paid by vendors.

The vendors are willing to retain the management of the business for three yean, 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 of 10 per cent, per annum for that period. The Crown Flour Mills are situated in the centro of Oamaru, and have direct railway communication, thus reducing the oost of carnage to a minimum. The Mills contain five run of mill stones, fitted with the host 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, producing 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, and smut room, coal shed and workshop attached, and provide storage space for 30,000 bags of grain. The Engine, a compound tandem by Messrs. Musgravc 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 Economise!*," effecting a saving of 25 poteen t. in fuel.

The Motive Power and Building are designed for a 10-rnn mill, enabling the Company, at small expense, to add to the number of stones, &c., as their business increases. It is proposed to ereot bakehouses at once, and to supply bread in Oamaru, Duneclin, 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. SG-t

J. L E K" N 0 N, FISHMONGER, 0 AMARU. Establishments : Opposite the Commercial Hotel, and THE Premises litely occupied by Mr. Tu.ynaoi;, Thames - street. W. J. L., havint; found it necessary to increase the facilities for procuring Fresh Pish, has

RE-OPENED THE SHOP IN WHrCH MR. TONNAGE FOR SOME TIME CARRIED ON BUSINESS AS FISHMONGER, The position of which will he found especially convenient to the public. DAILY ARRIVALS OF EVERY" KIND OF FISH IN SEASON, INCLUDING OYSTERS.

Grand art union of pictures, CONSISTING OILPATNTINGS, OLEOGRAPHS, CHROMOS, STEEL ENGRAVINGS, FERNS AND MOSS, Valued at Two Hundred Pounds, Tho whole of which will bo 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 be drawn for when the list is full. The drawing will be conducted by a committee appointed by the members, on the same principle aa the Art Union in London. As there are SIXTY-THREE PRIZES and only 120 members, the drawing will, no doabt, take place shortly. Every member will be advised of the time and place of drawing. G. GREENFIELD, Treasurer. From whom Tickets can be obtained. 784 BANKRUPTCY NOTICE. In the Estate of HENRY NORTON. I HAVE this day Filed, in the District Cr.uit, Oamaru, REPORT and STATEMENT of ACCOUNT in the above Estate. The Dividend will he payable at my office on and after MONDAY NEXT, 16th JUNE, to all Creditors who have proved their olaim3. GEORGE SUMPTER, 13th June, 1879. TrUßte< 909