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PUBLIC NOTICES. T3OBIN & CO., COACH-BUILDERS -*- ** Octagon, and Stuart street, HAVE FOR SALE, and TO ARRIVE per ONECO from New York: Double and single Busies, of various styles Waggonettes Family Express Waggons, adupted for town station use. Also, a few Second-hand double and single Buggies, cheap. Bepairs receive prompt attention. COACH SOTtCE TM" R s s t~e adm a n ~r^- wishes to inform the public she is running the Wainola Coach in conjunction with the Green island Kailway. Passengers hooked through. The Coach leaves Patterson's Lake Hotel at 6 am., passing through Kelianceand EastTaieri and Saddle Hill to meet the 9.40 train. The coach will be in waitm jon the 4.15 train from Dunedin. A coach will be at slosgiel at 3.30 to take passengers to aud from the Railway. 120 HENRY J. WALTER, Hotel Valu ator and Geneial Commission Agent. Cash advances made. Occidental Wine aud Spirit Vaults Mause street. ga,j PROSPECTUS ALBION BREWING AND MALTing COMPANY (LIMITED! DUNKDIX. Capital ... .. .. ~~~ .. „ £40,000 In 40,000 Shares of £1 each. EIGHT PER CENT. GUARANTEED. Two Shillings and Sixpence to be paid on Application ; Two Phil] nj»s and Sixpence on Allotment ■ and Five Shillings per Share on the Ist June 1875 ; Five Shillings on the Ist August; and 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 aud Plant, for the purpose of establishing a Brewery aud carrying on their present large Halting 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 stone, with slated roofs, are of a most substantial character. Plant (tire greater portion of which is suitable for a Brewery and Malting Establishment) i* 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 sonic trifling alterations the riant will be available for Brewing purposes within a tnonth or six weeks from the date at which the D stillery 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 1200 bushels of malt per week ; and from the advantageous jxwition of the work, having a fiontage to the Bay, and receiving the benefit of the cool draughts <»f air which continually proceed therefrom, Malting can be carried on all the year round which is an exceptional thin-,', 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 !>est quality. The profits from this branch of the businc s may be expected to be of a very substantial character, as duriii" the past > ear, even with the limited amount of Malt available for sale, they exceeded £2500. And as there would be a large qu-intity 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 <if a Brewery have been carefully examined and estimated by a competent authority (a gentleman who built some of tlie largest Breweries in the uei"-h----bourhnod of Edinburgh), who states that from 400 to 500 hogsheads of Beer could be made per week wheu 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 veiy little extra cost of management must always give the Albion Brewery Cominny a great advantage over the other Brewing Establishments, and as the trade is increasing greatly here, and being o]>eued 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 pi ivate 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, &a—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 Lands, Buildings, and Plant complete (including the private water supply) the sum of £30,000, out of which they will pay all the pre'iminary 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 and 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 *hat the profit on the malt alone shnuM pay over 10 per cent, on the paid-up capital. As to the profits of 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 Conipauy 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 manage-, ment of the new concern ; and the Company's expen--priced traveller (whose qualifications are well known), is also open to engagement. Quality of Beer.—lt will be the determination,oil 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. j The sole reason the present favourable opportunity I is offered to the public for investing their capital to', ! such advantage, is that the present proprietors of thaproperty desire to retire for a. time from the activsv muiiiigcnunt of business. They are thoroughl- coiirfident that, under proper management, no business in the Colony will yield a better return than thaVofi the Albion Brewing and Malting Compauy (Limited), when once fairly established. Insurance has been effected ou the buildings, and plant to the extent of £20,000. This prospectus is thus early laid before the..psublie, to enable the new Company to get their cellar exacted, make the necessary alterations, arrange bajltjji contracts, manufacture imit, and have everything.in, readiness to commence operations as soon after obtaining possession of the premises as possible. The. DisSillery Company hope to have manufactured the DBaxirouiu 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 t-otbc Albion Company, and so enable them to commence sperations before the date :i>>ove-uarned. Applications for shares to be sent to MESSRS WEBB and FULTON, Dunedin. Provisional Directors.:: Mr James Anderson (Anderson ansj; Koxvat) Mr James Brown Mr Henry Driver Mr Georgo Dodson Mr Geo. W. Eliott Mr \Y J. M. Larnach Mr W. D. Murison Mr Robert Patcrson (Paterson asd M'Leod) Mr David Proudfoot Mr Job Wain, jun. Mr H. J. Walter Mr Robert Wilsoa Backers • Bank of New Zealanii, Duuedin. Solicitors : Messrs Haggitt Bros, and Brent. In TTNION PERMANENT BUILDING \J SOCIETY.—ESTABLISHED, 186 S. The Investors' Shares in. this Society are the following : — Terminating Shares of the ultimate value of Fifty Pounds each, which ars> realised after seventy five monthly payments of Ten Shillings each. These Shares may be withdraws* 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 oi Fifty Pounds each, payable in one sum, are also issued. On these Shares Halfryeaily Dividends are paid at the rate of eight per cant, per annum, together with Annual Bonns out oS Surplus Profits. Deferred Paid-up Shares, to be realised at the end of three, five, or sevca years, at the option ol the Shareholder. These Shares may be withdrawn, ai any time, witheompitmd 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 montbly, quarterly, or half-yearly instalments, commencing immediately; or j the repayment instalments may be deferred for one, two, or three years. To facilitate bnjjding operations, the Society wfil make payment of advances during the progress ot buildings. The Society also receives deposits, secured by the. Society's Debentures, pursuant to the Building awd Land Scoioties Act, at current rates of interest. Prospectuses, Rules, Forms ol Application for Shares, Advances, &c., and all other information, may be eb. tamed from M. W. HAWKINS, Sbcuktaut, Princes street, Bunodin. iajy TgJXPRESS LINE OF COACHES. DAILY COACH TO BLUESKIN AIJ*Y COACH TO WAIKOUAITI VS COACH TO PALMERSTON At Half-past One. T. H. SMITH and CO,

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Bibliographic details

Otago Daily Times, Issue 4020, 6 January 1875, Page 3

Word Count
1,757

Page 3 Advertisements Column 3 Otago Daily Times, Issue 4020, 6 January 1875, Page 3

Page 3 Advertisements Column 3 Otago Daily Times, Issue 4020, 6 January 1875, Page 3