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TENDERS NEW ZEALAND RAILWAYS. DUNEDIN SECTION. REFRESHMENT ROOMS AT PALMERSTON. TENDERS will be received at this office up to Noon of MONDAY, 23rd. Inst., for the Exclusive RIGHT TO SELL REFRESHMENTS at Palmerston Station. Terms and conditions may be inspected at this ofiice, or at Palmerston or Oamaru Railway Stations. A. GRANT, General Manager. General Manager's Offce, Dunedin, 16th June, 1879. 950 PUBLIC NOTICES PROSPECTUS OF THE OAMARU CROWN 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 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 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. PROVISION AT. DIRECTORS : .Tolin Barraclougli, Esq. A. 11. Maude, Esq. Edwin 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 Creagh. BANKERS! Colonial Bank of New Zealand. LOCAL AOENT : 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 cash market for the Flour produced at the Company's Mills. 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 aud Grain Merchants, Oamaru, for the sum of £"7000, of which £2500 is Eayable within six months, and the alance (£4500) in ISOO shares of

the Company, with £2 10s paid up. A valuation of the buildings and lands has been made liy Mr. Johnston, Architect ; of the machinery by Messrs. Jack, Steel, and Hendry ; and of the other assets by Messrs. John Looke 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 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 of 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 anil 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,<J00 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. SG4

J. L E N N 0 N, FISHMONGER, Establishments : Opposite the Commercial Hotel, AND THE Pp.EMISES T. ITELY OCCUPIED BY Mb. Tunnage, Thames - stkeet. W. J, L., having found it necessary to increase the facilities for procurine; Freali Fish, has RE-OPENED THE SHOP IN WHICH MR. TUNNAGE FOR SOME TIME CARRIED ON BUSINESS AS FISHMONGER, The position of which will be found especially convenient to the public. DAILY ARRIVALS OF EVERY KIND OF FISH IN SEASON, OAMAKU. INCLUDING

OYSTERS. 743 TO THE BOOT TRAD IS. Messrs. moir and son, LEATHER MERCHANT?, INTEND OPENING WITH A FRESH STOCK ON MONDAY, the 16TH. Country orders attended to as usual. Premises —Opposite New Zealand Loan and Mercantile Agency Company's Store, TYNE-STREET, Between Messrs. Morton, Grain Merchant, and Hay, Sail Maker, 894

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18790620.2.20.4

Bibliographic details

Oamaru Mail, Volume IV, Issue 989, 20 June 1879, Page 3

Word Count
902

Page 3 Advertisements Column 4 Oamaru Mail, Volume IV, Issue 989, 20 June 1879, Page 3

Page 3 Advertisements Column 4 Oamaru Mail, Volume IV, Issue 989, 20 June 1879, Page 3

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