Page 3 Advertisements Column 3

Otago Daily Times, Issue 4023, 9 January 1875, Page 3

public notices, . TDOBIN & 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, adjpted. for-town station use. Also, a few ■ 'Second-hand' double and single.Buggies, cheap. Repairs receive prompt attention. COACIfIJOfICE^ TVjT R S S T~E A-D.-MA N „ r°- wishes to inform the public she is running the \\aihola- Coach iv conjunction with the Green Island Railway. rassengers booked, through. - The Coach leaves Patterson's Lake Hotel at 6 am., passhv through Reliance and. East Taieri and Saddle Hill, to meet the 9.40 train. The coach will beiu waiting on the 4.15 train from Dunediii.. A coach, will be at Mosgiel at 3.30 to take passengers to and from the-Rail-way- 120 ~|^XPRESS LL\E OF COACHES! DAILY COACH TO BLUESKJN DAILY COACH TO WAIKOCAITI DAILY COACH TO PALMERSTOX At Half-past One. T. M. SMITH acd CO. PARAGON. CAFE, ,&a., (Next Herbert, Haynes, sjkl Co.'=\) . MESSRS WM. SAVAGE and CO. (late of .Gunter's; Herkely Square, London), respectfully intimate to the inhabitants of this thriviji" City, that they will ojieH their new Cafe, &c, on or aoout ISoxmg Day, when every attention will be paid to their patrons. 25d PROSPECTUSALBION BREwTiS G AND MALTING COMPANY (LIMITED),. DUNEDIN. Capital £40,000 In 40,000 Shares of £I. each... EIGHT PER CENT. GDARANTEED. Two Shilling and Sixpence., to be paid, on Application ; 1 wo Shillings and Sixpence mi 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 lh.ir Premises and.. Plant,. for the purpose of establishing a Brew«ry >and carryiii"- on their present large Malting Business .(fur which ithey arc admirably adapted) on terms .which it -will be admitted, on consideration of the following particulars are of Ihe most advantageous character,"vie..: — 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 beins a Cellar, which ,can he.erected. for about £2000. With thisand 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 Floorsand Kilns.—There are.on the*.property two Malt Floors and Kilns cabbie: of turning out from 1000 to 1200 bushels of malt iier. week; and from the advantageous position of the work., having a ,fi outage to the Bay,, and receiving the,benefit of. the cool draughts o£air which continually. proceed therefrom, Malting can be curried on all: the year round, which is an exceptional thing, even "in the Old Com.try. The Mult from this establishment has always commanded the highest price of any produced in New Zealand ; and the-supply,for seme 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 £230.0; And as there would be a large quantity to disposeof iv 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 theiargest-Breweries in the neighbourhood of Edinburgh), who. states that from 400 to .100 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 ve>y, little extra, cost of managmieut must-always .give- the Albion Brewery, Company a groat advantage, over the other Brewing Establishments, and.as.ihe trade is increasing greatly here, and being opened up,with the neighbouring Col-my of New South Wales.and Fiii, no doubt the full pGwer 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 Celt, and laid .pines, to the Distillery, thus, obtaining a private supply.. uf : the best water in thedistrict, free from cverj\ unpuritv, 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 tiie premises. Value of Land, &.C.—The Land, Bui'dings, and Plant of the Distillery. Company were valued by Messrs Blair and M'Gregor, in..'March last, fora local public company, at £27,450. Sfuce 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 i?.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 p!aco their g.'ods 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 private water supply) the sum of £30,000, out if which they, will pay all the pre imiuary expenses of floating the Company ; and so confident are they of the success of- the business, that they are willing to take p;iid-up. shares to the value of £15,000 as.part payment of. the purchase money, and will further •ruaramve S-pcr 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 on the malt alone shoul-1 pay over 10 per cent, on the paidup.capital. As to the profits ef brownie* alt 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 £und,s 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 oS competent experts, whose services are at the disposal of the Brewing and Malting Company. Tlispresent manager (than whom a more competent man uTnot 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 o]tcn to engagement. Quality of Be>:r.—lt will bo. 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 fos 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 nuiiajemfiit of business. They are thoroughl. 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 erablc the new Compiny to get their cellar erected, make the necessary alterations, arrange barley contracts, manufacture malt, and have everything in readiness to commence operations as soon afer 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 t&e property to the Albion Company, and so enable them to commence operations before the date above-named. Applications for shares to be sent to MESSRS WEBB and FULTON, Bunedin, Provisional Directors : Mr James Anderson (Anderson and Mowat) Mr James Brown Mr Henry Driver Mr George Dodson Mr Ceo. W. Hliott Mr \V J. M. Larnac'n Mr W. D. Murison Mr Hobert Paterson (Paterson and M'Leod) Mr David Proudfoot Mr Job Wain, jun. Mr 11. J. Walter Mr Robert Wilson Bankers : Bank of Now Zealand, Duaedin. Solicitors : Messrs. Haggitt Bros, and Brent. 7n TTNION PERMANENT BUILDING V^ SOCIETY.—ESTABLISHED, ISGS. 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 Or 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-ysarly 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 Ujq end of three, five, or seven years, at the option of Sis Shareholder. These Shares may be withdrawn aJ any time, with comp ,und interest, at the rate of sis. per cent, per annum, on giving three months' notUe. The Society grants loans on mortgage upon most favourable terms, repayable by monthly, quarterly, or half-yearly instalments, commencing iKmiediately! or the repayment instalments may be deferred for one, two, or three years. To facilitate building operations, the Society will make payment ol advances during the progress of buildings. The Society also receives deposits, secured by the Society's Debentures, pursuant to the Building awl Land Societies Act, at current rates of interest. "Prospectuses, Rules, Forms of Application for Shares, Advances, &c., and all otber informatiwa, may be obtained from M. \v. HAWKINS, Secretary, Prints street. Punedin. i3j y