Page 3 Advertisements Column 3

Otago Daily Times, Issue 4021, 7 January 1875, Page 3

PUBLIC NOTICES. T3 OBIN & CO., COACH-BUILDERS -"-*' Octagon, and Stuart street, HAVE FOR SALE, and TO ARRIVE per ONECO from New York: Double and single Buggies, of various styles ♦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 she is running the Waihola Coach in conjunction with the Green J sland Railway. Passengers booked tlirough. The Coach leaves Patterson's Lake Hotel at Cam., passing through Reliance and East Taieri and Saddle Hill, to meet the 9.40 train. The coach will be in waiting on tlie 4.15 train from Dunedin. A coach will be at Mosgiel at 3.30 to take passengers to and fiom the Railway. 120 "I^XPRESS LIiSE OF COACHES. DAILY COACH TO BLUESKIN ' DAILY COACH TO WAIKOUAITI DAILY COACH TO PALMERSTON At Half-past One. T. M. SMITH ar.d CO. PARAGON CAFE, &c, (Next Herbert, Haynes, and Co.'s.) jVTESSRS WM. SAVAGE and CO. ISjL (late of Gunter's, Berkcly Square, London), respectfully intimate to the inhabitants of this thriving City, that they will open their new Caf(S, kc, on or about Boxing Day, when every attention will be paid to their patrons. 25d PROSPECTUS THE 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 be paid on Application ; Two Shillings and Sixpence on Allotment; and Five Shillings per Sliare on tlie lst June, 1875 ; Five Shillings on the lst 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 and Plant, for the purpose of establishing a Brewery and carrying on their present large Malting 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 (the greater portion of which is suitable for a Brewery and Malting Establishment) is 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 riant will be available for Brewing purposes within a month or six weeks from tlie 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 position of the work, having a fi outage 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, whicli is an exceptional thing, even in the Old Countiy. The Malt from this establishment has always commanded tlte highest price of any produced in New Zealand ; and the supply for some time back has been inadequate to tlie demand. The Beer produced from the Malt is of the very best quality. The profits from this branch of the business may be expected to be of a very substantial character, as during the past j ear, even with the limited amount of Malt available for sale, thes- 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 tlie 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 tliat from 400 to 500 hogsheads of Beer could he made per week when the trade required it, wliich i.s greatly in excess of the quantity whicli 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 Works would very shortly be called into operation. Water Supply.—The Distillery Company, at considerable expense, constructed a covered Brick and Cement Reservoir on Sir Logan's property, next the Town Belt, and laid pipes to the Distillery, thus ot>taining 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 Lands, Buildings, and Plant complete (including the private water supply) the sum of £30,000, out cf 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 S 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 iv undertaking this prospective liability, from the fact tliat the profit on the malt alone should pay over 10 per cent, on the paid-up capital. As to the profits sf breweries all over the world, it is not necessary here to dilate. Tliey 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.—Tliere 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. —It 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 tlieir capital to . such advantage, is that the present proprietors of the l property desire to retire for a time from the active management of business. Tliey are thoroughl. confident that, under proper management, no business ' in the Colony will yield a better return than that oi • the Albion Brewing and Malting Company (Limited), l when once fairly established. ' Insurance hns been effected on tho buildings anc . 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 bailey con tracts, manufacture malt, and have everything in rea diuess to commence operations as soon afsc-r obtaining possession of the premises as possible. Tlie Distiller; Company hope to have manufactured the maximun - quantity of spirits allowed in their contract with thi Government about the end of April, in which casi they will at once hand over the property to the Albioi Company, and so enable them to commence operation before the date above-named. ApDlications for shares to be sent to MESSRS WEBB and FULTON, Dunedin. Provisional Directors : Mr James Anderson (Anderson and Mowat) , Mr James Browii Mr Henry Driver Mr George Dodson Mr Geo. W. Eliott Mr W 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: s. Bank of New Zealaud, Dunedin. Solicitors : Jj Messrs Haggitt Bros, and Brent. ' UNION PERMANENT BUILDIN SOCIETY.—ESTABLISHED, 1868. The Investors' Shares in this Society are the folio ing:— Terminating Shares of the ultimate value of Fif Pounds each, which are realised after seventy fi Zn monthly payments of Ten Shillings each. The — Shares may be withdrawn at any time, with interest '~ the rate of eight per cent, per annum after the fii year, upon giving one month's notice. No withdraw fee is charged. Permanent Shares of Fifty Pounds each, payable ! one sum, are also issued. On these Shares Half-yeai Dividends are paid at the rate of eight per cent, j to annum, together with Annual Bonns out of Surpl Profits, he Deferred Paid-up Shares, to be realised at the end three, five, or seven years, at the option of the Sha N. holder. These Shares may be withdrawn at any tin with compuund interest, at the rate of six per cci per annum, on giving three months' notice. The Society grants loans on mortgage upon mi favourable terms, repayable by monthly, quarterly, half-yearly instalments, commencing immediately t i the repayment instalments maybe deferred for oi two, or three years. To facilitate building operatic] the Society will make payment of advances during 1 IE progress of buildings. The Society also receives deposits, secured by 1 Society's Debentures, pursuant to the Building a Land Societies Act, at current rates of interest. Prospectuses, Rules, Forms of Application for Shai tl- Advances, &c, and all other information, may be ish tamed from Its, M. W. HAWKINS, SSCRETARY, Priaces street, D Ba'i edin. 1