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Business Notices. pkospbctus * dunedin gas light and coke COMPANY. Capital—£ls,ooo, In 3000 Shares of £5 Each. Calls not to Exceed £1 per Shave, To be registered under the Joint Stock Company's Act, with power to increase the capital. Office 3 : —Switzer's Buildings, Princes-street. Provisional Directors: John Carbill, Esq., Chairman, Thos. Dick, Esq. J. Switzer, Esq. - Henry Driver, Esq. Thos. J. Fohsaitit, Esq. E. B. Cakoill, Esq. A. M'Landress, Esq. J. C. Campbell, Esq. J Bahkerj Esq. Edwin Jones, Esq. E. DECAHLi3,Esq. Hitch Kirkpatrick, Esq. Bankers: Bank op New Zealand. Solicitors: Messrs. RicmroKD and Gillies. Engineer and Projector: Stephen Hutchison, C. E., . '" Late Engineer to the Melbourne and London Gas Companies. Secretary and Promoter : Martin Siioll, Late Secretary to the Geelong and Melbourne Railway Company. nHHIS Company has beeu formed to supply the City i of Dunedin and its inhabitants with" Gas, at a reasonable cost. • The Company's Engineer, during his stay in Dnuedin, has been enabled from personal observation to - arrive at accurate details of the necessary expenditure ; and it has been ascertained that the works contemplated can be completed nnd placed in active opsration for a. sum within the proposed capital of £15,000, and within a period of from three to four months from the time of completing the necessary preliminary arrangements. The great andpannaneutimproveinentto trade and ' town property which will be realized by the establishment of this Company has been fully recognised from the fact that upwards of one-third of the capital Ims been subscribed within a few days; and as an early allotment of shares will take place, persons who may be desirous of becoming- shareholders are requested to make application for shares without delay, as it is confidently expected that the Share List will lie filled . up in the'course of another week.

The proposed course of lighting will be Gcorscstreet, Jail-street, Prinees-stree'r, Jetty-sliv.t. Manse-street, the Arcade, Hope-street, and piirtion&of Walker street, Stafford-street, Hish-street, Raltraystreet, and Maclaggan-street j aud no doubt can exist as to the highly.profitable returns which will he secured from the manufacturing' operation? of thi-i Company, in proof of which it may be mentionvd, that on the main pipes of the most important and prosperous Gas Company in the Colonies there is only an average of 35consumers to the mile of main laid down ; whereas, in Dunedin, the average will be about J.OO consumers to the mile; it may thcrcfoic bo confidently anticipated that a return of £10 per cent on the capital invested will ""be realised, after ample provision has been made to provide for repairs, and all contingencies. The necessary permission to lay down pipes through the streets has already been obtained from the Town Board; a period of six weeks will intervene between the calls of £1 each, of which due notice will be given. STEPHEN HUTCHISON, C.8., -Engineer and Projector. Late Engineer-in-Chief to the Melbourne Gas and Coke Company ; Engiueer to the Plymouth and Devonport Gas Companies ; Acting Engineer at the London Gas Works, &c. Applications for .shares to be addressed to Ihe Provisional Directors, at the • Company's ofiices Switzer's Buildings, Princes-street, -where, on application to' the Company's Engineer, plans of tuo works can be seen, and any information required, obtained. , . i . • ' - PUBLIC NOTICE? ——■ Dunedin Gas Light and Coke Company.' "VTOTICE is hereby given that the first allotment l_i of Shares in this Company will take place on Wednesday next, the 11th day of June, and all parties desirous of securing'shares are requested to forward their applications on or before that date. STEPHEN HUTCHISON, C.E., Engineer and Manager. Offices: Switzer's Buildings, Princes-street. DUNEDIN ATHEN2EUM AND MECHANICS INSTITUTION President: His Honor the Supemnteitdem. riIHIS Institution will bs opened on the first of JL June next. The object' of its promoters has been to afford to the subscribers the means of acquiring literary and scientific knowledge. It is sought to attain th se ends by means of a Library and Heading Room, and lectures on Literature, Science, and - Art. • . -"..

It is anticipated that the liberal manner in which the Committee have provided ■ for the intellectual wants of the place, and tli2 heavy outlay they Jmvo ventured to incur, will secure for them the cordial support of ali classes of the inhabitants. THE LIBRARY. A Bmall but valuable collection of Books has beenobtained, and will at once be placed in circulation. Upwards of 2000 volumes are on the way out from England ; and it is expected that •within twelve months nearly 4000. volumes of carefully selected and standard works will be available lor ■ the use of the members. Arrangements have also been made for receiving per mail, as pnblished, all new works of interest. . THE READING ROOM will be supplied with the following :— Quarterlies. —The Edinburgh, Westminster, Quarterly, North British, and National Reviews. Magazines akd other Periodicals.—Blackwood, Frazer, Oornhill, Dublin University, Macniillan's, and Mechanics' Magazines. Art Journal^ Athenseum, Chambers'-JouTnal, Once a Week, All the Year Round. r Illustrated London News, Punch, L'lllustration. Saturday Review, Exam-, iner, Economist, Home News, European Times. Colonial Newspapers.—Tbc Otago, Canterbury, Wellington, and Auckland papers. Melbourne Argus, Herald, Age, and Journal of Commerce. Sydney Herald, and Empire. South Australian Advertiser. Hobart Town Mercury. ' Members will have the privilege of obtainiOg free admission to the Reading "Room, for one month in every year, for any ■ person being a non-resident or the captain of any vessel trading to the Port. " . Tho Reading Room will be open from 9 a.m. to 10 p.m. The Library from 10 to 12 a.m., and from 4 to 8 p.m. .--..... Terms of Subscription. • Annual , .. , ... £2 2 o Quarterly ... .. 0 10. 6 TO CAPITALISTS, HOTELKEEPERS, SPECULATORS, &c. FOB SALE BY PRIVATE CONTRACT. JR. MILLS has been favored with instructions . from the Proprietor, to dispose of, by Private < Contract, the remainder of the Lease (which has 4 years to run from November 4, 1862), of ihat wellknown old established house of business.

THE MARINE HOTEL, RIVERTON. This Hotel commands the best situation in the ', Town, being1 within 100 yards from the Jetty, and immediately adjoining the Custom House Reserve. It is also well known to have enjoyed the best trade in Riverton. ■ The undersigned begs to state that such a good opportunity for safe investment seldom occurs. For further information, apply to Robertson aud Co. Invercargiil; or J. R. Mills, Riverton. Terms easy. WOULD - When they'can get OFFICE AND SHOP STOVES Atthe^pr^ySs. fromthe^, at the . Hiair-SIRKKT, DuNEDHJ.' . ' t >T TJV es.e sJ«ves may he seen, hi action at M J.-Ryan's-Hair Dressing Saloon, and saveral other " places m the Arcad*. ■ , *

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18620611.2.2.6

Bibliographic details

Otago Daily Times, Issue 178, 11 June 1862, Page 1

Word Count
1,081

Page 1 Advertisements Column 6 Otago Daily Times, Issue 178, 11 June 1862, Page 1

Page 1 Advertisements Column 6 Otago Daily Times, Issue 178, 11 June 1862, Page 1

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