Page 5 Advertisements Column 3

Otago Daily Times, Issue 4010, 23 December 1874, Page 5

PUBLIC NOTICES.. - ; ROBIN & CO., COACH-BUILDERS ; Octagon, and Stuart street, HAVE FOR SALE, and TO ARRIVE per ONECO from New York: Doublo and single Buggies, of various stylos Waggonettes Family Express Waggons, adapted for town | station use. Also, a few Second-hand double and single Buggies, cheap. Repairs receive prompt attention. COACH NOTICE MRS S T~E ADMAN wishes to inform the public the is running the Waihola Coach in conjunction with the Green Island Railway. Passengers booked through. The Coach leaves Patterson's Lake Hotel at 6 a in., ■ passing through Reliance and East Taieri and Saddle Hill, to meet the 9.40 train. The coach will be in waitin? on the 4.15 train from Duncdin. A coach will be at Mosgiel at 3.30 to take passengers to and from the Railway. 120 HENRY J. WALTER, Hotel Valuator and General Commission Agent. Cash advances made. Occidental Wing and Spirit Vaults, Manse street. Ba<j PROSPECTUS TUB ALBION BREWING AND MALTING COMPANY (LIMITED), DUNEDIN. Capital .. .: £40,000 In 40,000 Shares.of £1 each. EIGHT PER CENT. GUARANTEED. Two Shillings and Sixpence to tie paid on Application ; Two Shillings and Sixpence on Allotment; and Five Shillings per Share on the Ist June, 1875 ; Five Shillings on the Ist August; aud Five Shillings on the Ist October. THE NEW ZEALAND DISTILLERY COMPANY having entered into an Agreement with the Government of New Zealand to abandon the business of Distillation on the 30th June, 1875, are now prepared to offer to the public their Premises and Plant, for the purpose of establishing a Brewery and carrying on their present large Jlalting Business (for which they are admirably adapted) on terms which it will be admitted, on consideration of the following particulars, are of the most advantageous character, viz. : — The Freehold Property comprises two full acres of land, in a block having frontages to Cumberland and Castle streets. The Buildings, built of brick and stono, with slated roofs, are of a most substantial character. Plant (the greater portion of which ia suitable for a Brewery aud Malting Establishment) v complete and perfect in every respect—the only addition required for a Brewery being a Cellar, which can be erected for about .£-2000. With this and some trifling alterations, the Plant will be available for Brewing purposes within a month or six weeks from the date, at which the D stiilery Company are required by law to cease operations. Malt Floors and Kilns.—There are on the property two Malt Floors and Kilns capable of turning out from 1000 to 120(f bushels of malt per week ; and from the advantageous position of the work, haying a frontage to the Bay, and receiving the benefit of the cool draughts of air which continually proceed therefrom, Malting can be carried on all the year round, which is an exceptional thing, even in the Old Country. The Malt from this establishment has always commanded the highest price of any produced in New Zealand"; and the .supply for some time back has been inadequate to the demand. The Beer produced from the Malt is of the very best quality. The profits from this branch of the busine-s may be expected to be of a very substantial character, as during the past year, even with the limited amount of Malt available for sale, they exceeded £2500. And as there would be a large quantity to dispose of in connection with a Brewery, the yearly profits would be proportionately increased. The capabilities of the Premises and Plant for the purpose of a Brewery have been carefully examined and estimated by a competent authority (a gentleman who built some of the largest Breweries in the neighbourhood of Edinburgh), who states that from 400 to 500 hogsheads of Beer could be made per week when the trade required it, which is greatly in excess of the quantity which can be turned out by any other Brewery in New Zealand. This capability to produce so much more Beer at very little extra cost of management must always give the Albion Brewery Company a great advantage over the other Brewing Establishments, and as the trade is increasing greatly here, and being opened up with the neighbouring Colony of New South Wales and Fiii, no doubt -the full power of the Company's Workswould very shortly be called into operation. Water Supply.—The Distillery Company, at considerable expense, constructed a covered Brick and Cement Reservoir on Mr Logan's property, next the Town Belt, and laid pipes to the Distillery, thus obtaining a private supply of the best water in the district, free from every impurity, for the purpose of steeping Malt, Distilling, or Brewing. Cottages.—On the property are three (3) substantial four-roomed Cottages, for the use of the Principal Employes of the Company, who require to reside on the premises. Value of Land,&c. —The Land, Buildings, and Plant of the Distillery Company were valued by Messrs Blair and M'Gregor, in March" last, for a local public company, at £27,450. Since then land in the neighbourhood has been sold considerably in excess of their estimate ; and there can be no doubt that in a very few years the property will double its present value, contiguous as it is to the Railway Terminus, Jetties, and other important lines of traffic. A short siding, of about thirty yards in length, will enable the Company to place their goods on the railway cars, thus saving a large yearly expenditure in carriage. <!» Price of Property.—The present proprietors require for the Lauds, Buildings, and Plant complete (including the privnte water supply) the sum of £30,000, out of which they will pay all the preliminary expenses of floating the Company ; and so confident are they of the success of the business, that they are willing to take paid-up shares to the value, of £15.000 as part payment of the purchase money, and will further guarantee 8 per cent, on the paid-up capital for two years from the commencement of the business, and will give good aud sufficient security for the due payment of this guaranteed interest—such security to be lodged in the hands of any Trustees the Directors may appoint. They feel perfectly secure in undertaking this prospective liability, from the fact that the profit on the malt alone shouU pay over 10 per cent, on the paid-up capital. As to the profits ef breweries all over the world, it is not necessary here to dilate. They are known to be large, and to compare favourably with any other business that can be named. Capital.—When the shares are all disposed of, there will, after purchasing the property, be ample funds to make the alterations before alluded to, and to carry on the business, as the sale and returns from beer are almost immediate. Staff.—There is at present in the employment of the Distillery Company a complete staff of competent experts, whose services are at the disposal of the Brewing and Malting Company, The present manager (than whom a more competent'man is not to be found in these Colonies) is willing to undertake the management of the new concern; and the Company's experienced traveller (whose qualifications are well known) is also open to engagement. Quality of Beer.—lt will be the determination of the Albion Brewing Company to send out nothing but the best quality of beer, and thus secure a lasting and constantly increasing demand for their brand. The sole reason the present favourable opportunity is offered to the public for investing their capital to such advantage, is that the present proprietors of the property desire to! retire for: a time from the active management of business. They are thoroughlc confident that, under proper management, no business in the Colony will yield a better return than that of the Albion Brewing and Malting Company (Eimited), when once fairly established. • Insurance has been effected oil the buildings and plant to the extent of £20,000. This prospectus is thus early laid before the public, to enable the new Company to get their cellar erected, make the necessary alterations, arrange barley contracts, manufacture malt, and have everything m readiness to commence operations as soon afser obtaining possession of the premises as possible. The Distillery Company hope to have manufactured the maximum quantity of spirits allowed in their contract with the Government about the end of April, in which case they will at once hand over the property to the Albion Company, and so enable them to commence operations before the date above-named. Applications for shares to bo sent to MESSRS WEBB and FULTON, : Dunedin. Provisional DißKcrons: Mr James Anderson (Anderson and Mowat) Mr James Brown Mr Henry Driver Mr George Dodson Mr Geo. W. Eliott: MrW J. M. Larnach Mr W. D. Murison Mr Robert Paterson (Paterson and M'Leod) . Mr David Proudfoot Mr Job Wain, jun. . Mr H. J. Walter Mr Robert Wilson Bankers: Bank of New Zealand, Dunedin. Solicitors : Messrs Haggitt Bros, and Brent. 7n TTNION PERMANENT BUILDING U SOCIETY.—ESTABLISHED, 1833. The Investors' Shares in this Society are the following :— . . '■'•■ Terminating Shares of the ultimate value of Fifty Pounds each, which are realised after seventy five monthly payments of Ten Shillings each. : These Shares may be withdrawn at any time, with interest at the rate of eight per cent, per annum after the first year, upon giving one month's notice. No withdrawal fee is charged. Permanent Shares of Fifty Pounds each, payable in one sum, are also issued. • On these Shares Half-yearly Dividends are paid at the rate of eight per cent, per annum, together with Annual Bonns out of Surplus Deferred Paid-up Shares, to be realised at the end of three, five, or seven years, at the option of-the Shareholder. These Shares may be withdrawn at any time, with compound' interest, at the rate of six per cent, per annum, on giving three months' notice. The Society grants loans on mortgage upon most favourable terms, repayable by monthly, quarterly, or half-yearly instalments, commencing immediately! or the repayment instalments' may be: deferred for one, two, or three years.' To facilitate building operations, the Society will make payment of advances during the progress of buildings. ' ■ . The Society also receives deposits, secured ,by the Society's Debentures, pursuant to the Building and Land Societies Act, at current rates of interest. Prospectuses, Rules, Forms of Application for Shares, Advances, &c, and all other information, may be obtained from .'■■■■ .. • M. W. HAWKINS, Sborbtabt, Princes street, Dunedin. i3Jy TfiXPKESS LINE OF COACHES. DAILY COACH TO BLUESKIN DAILY COACH TO WAIKOUAITI DAILY COACH TO PALMERSTON '" At Half-past One. " T. M. SM TH and CO.