Page 3 Advertisements Column 3

Otago Daily Times, Issue 4022, 8 January 1875, Page 3

PUBLIC NOTICES. I T>OBIN & CO., COACH-BUILDERS -*-*; Octagon, arid Stuart street, HAVE FOR SALE, and TO ARRIVE per ONECO 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 TEA DM AN wishes to inform the public she is running the Waihola Coach in conjunction with the Green Jsland Railway. Passengers booked through. The Coach leaves Patterson's Lake Hotel at 6 am., passing through Reliance and East Taieri and Saddle Hill, to meet the 9.40 train. The coach will be in waiting on the 4.15 train from Dunedin. A coach will be at Mosgielat3.3oto take passengers to and from the Railway. i2o "I^XPRESS LINE OF COACHES. DAILY COACH TO BLUESKIN DAILY COACH TO WAIKOUAITI DAILY COACH TO PALMERSTON At Half-past ©ne. T. M. SMITH and CO. PARAGON CAFE, &c., (Next Herbert, Haynes, and Co.'s.) MESSRS WE SAVAGE and CO. (late of Gimter's, Berkely Square, London), respectfully intimate to the inhabitants of this thriving City, that they will open their new Cafe", &c., on or about Boxing Day, when every attention will be paid to their patrons. 25d PROSPECTUS 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 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, 1575, 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 Plant will be available for Brewing purposes within a month or six weeks from the date at which the Distillery 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 therefrem, 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 business 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 hi connection with a Brewerj', the yearly profits would be proportionately increased. The capabilities of the Premises and Plant for the purpose of a Brewerj' 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 Works would 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 neigh--1 bourhood 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, Buildiugs, and Plant complete (iucluding the private water supply) the sum of £30,000, out cf which they will pay all the pre'iminary expenses of floating the Compairy ; and so confident are they o£ 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 that the profit I on the malt alone should pay over 10 per cent, on the I paid-up capital. As to the profits «f breweries all; over' Hie world, it is not necessary here to dilate. They aie known to be large, and to compare favourably with any other business that can be named. Capital.—When the shares are all disposed of, t^ere will, after purchasing the property, be ample funjfa 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 Coaipany a complete staff of competent experts, whose services are at the disposal of the Brewing and Malting Company. Thepresest 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 thorough! t confident that, under proper management, no business in the Colony will yield a better return than that of the Albion Brewing and Malting Company (Limited), when once fairly established. Insurance has been effected on the buildings and plant to the extent of £20,000. This prospectus is thus early laid before the public, to enable the new Comptny to get their cellar erected, make the necessary alterations, arrange barley contracts, manufacture malt, and have everything in readiness to commence operations as soon after obtaining possession of the premises as possible. The Distillery Company hope to have manufacturer! 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. Apmications for shares to be sent to MESSRS WEBB and FULTON, Dunedin.. Provisional 'Dioecious : 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 K'Leod) Mr David Proudfoot Mr Job Wain, jun. Mr H. J. Walter Mr Robert Wilson Bakkebs : Bank of New Zealand, Dunedin. .-.. ■ Solicitors: Messrs Hatcgitt Bros, and Brent. 7n NION PERMANENT BUILDING SOCIETY.—ESTABLISHED, 1868. The Investors' Shares in this Society are the following:— Teiaiinating Shares of the ultimate value of Fifty Pounds each, which are realised after seventy five monthly payments of Ten Shillings oach. These Shares may he 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 Profits. - : 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, ov half-yearly instalments, commencing immediately J 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 tlie progress of buildings. The Society also receives deposits, secured hytne Society's Debentures, pursuant to the Building ard Land Societies Act, at current rates ol interest. Prospectuses, Rules, Forms of Application for Starts, Advances, &c, and all other information, riwy be obtained from . M. w. HAWKINS, §RPBBtA>v, Prince? street, Dcncdin. Kjy