Page 3 Advertisements Column 3

Otago Daily Times, Issue 4029, 16 January 1875, Page 3

PUBLIC NOTICES.. TCMMBIN & CO., COACH-BUILDERS .-*-*' Octagon, audStuartstreot,HAVE FOR SALE, and TO ARRIVE pe*-ONECO from New York: Double and single Buggies, of various styles Wag-goiiettes Family Express Waggons, • adapted for town station use.Also, a few Second-hand double and. single Buggies, cheap. . Repairs receive prpmpt, attention. COACH NOTICE . IVf R S S T~E ADM ANi rrZr, wishes to inform the public she.is.running the Waihola Coach in conjunction with the Green Island hallway. Passengers booked through. The Coach leaves Patterson's Lake Hotel at. 6 a m., passim' through Eehance and East Taieri.and Saddle Hill to meet the 9.40 train. The coach .will be in waiting on the 4.15 tram from Dunedin. . A coach, will be at Mosgiel at 3.30 to.take passengers, to and from the RaiI|^XPRESS LIiNE OF COAOHEsT DAILY COACH TO BLUESKIN BAIL? COACH TO WAIKOUAITI DAILY COACH TO ■ PALMERSTON At Half-past One. T. M. SMITH and CO. THE CUTTING LOAN Not having Floated in Ihe London Market, DEMANDS PROMPT ACTION > TO. PREVENT DISCOMFITURE AND DEFEAT. To right the position, A TREMENDOUS SACRIF3CE Will be made of our RICH AN© VALUABLE STOCK OR , DRAPERY AND CLOTHING. Necessity fcasJ«g no.law,ahe Monster Sale will he a Stern Reality.. THOMSON,..STRANG, AND CO. ALBION. BREWING.AND MALTING COMPANY (Linuted).. fJtHE SHARE-LIST of this COMPAN.Y. .■wiil, be CLOSED- on MONDAY, Bth FEBRUARY, a.t i p.m.-,. By: Order, WEBB.and FULTON, Hfc- Brolt&rs for the Company. PROSPECTUS ALBION BREWING AND MALTINGCOMPANY (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 Allotmentand Five Shillings per Share on the Ist June 1875 ; Five Shillings on the Ist August; and Five Shillings on the Ist-October. THE NEW ZFALANiTdISTILLERY COMPANY having entered into an Agreement with the Government of New Zoaland.to. abandon the business of Distillation on the 30th June, 1875, are now prepared to offer to the public iheir- Premises and Plant, for the purpose of establishing a Brewery and carrying on their present large Molting 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 (tho greater portion of which is suitable for a Brewery and Malting Establishment) is complete and perfect in every rcspect^-the only addition required for a Brewery being a Cellar, which can be erected for about £2000. YVBh this and some trifling alterations,' the Plant will be available for Blowing 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 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 na exceptional thing, even in the Old,: Country. Tho Malt from this establishment has ' always commanded the highest price of any produced in New Zealand; and the supply for some time bask i 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.ex-•peetedtc-be of a very substantial character, as during the past year, even with the limited amount cf..Malt ; available for sale, they exceeded £2500. And as.there. 'would: to a large quantity to dispose of in connection" with, a Brewery, the yearly profits would bs',propor~! : tionate>y 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 is tlie neigh-, bourhood of Edinburgh), who states that from 400 to. 500 hogsheads of Beer could be made pei>w<ie.k 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 capibijitylto. pro-. ' duce so much more Beer at very little, e'^tra cost of. management must always give the Aiiijpn .Brewery Company a great advantage over the other Brewing Establishments, and as the trade is increasing greatly here, and being opened up with ihs Colony of New South Wales and FHj,; no doubt th* full power of the Company's Works"•voujd yery.sbortly be called into operation. Water Supply.—The Distillery Company, at considerable expense, constructed tv, covered Brick and Cement Reservoir on Mr Logan'3-^property, next the Town Belt, and laid pipes to the Distillery, thus obtaining a private supply of the best.water in thodistrict, 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,. IJiancipal Employes of the Company, whp, ,re.quir,e.. 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; Jas.t,- fyr,.a local public company, at £27,450. Since, then laud in tke neighbourhood has been sold considerably in. .excess of their estimate ; and there can be no doubt thafe in a very few years the property will dp.ublc. its.,present value, [ contiguous as it is to the, Railway. Terminus, Jetties, i and other important Hnes-of..traffic, ; A short siding, !of about thirty yards in, length, will enable the Com- | pany to place their goods on,.the railway ears, thus saving a large yearly expenditure in carriage. I Price of Property.—The. present .proprietors require for the Lands, Buildings, ai)d Plant.' coniplcte (including the private water supply) the,, sum., of £30,000, out cf which they \vill pay.al.l' the pre'inrinary expenses of floating the Company]; and..so confldoat are they of the success of the business, thati they are willing to j take paid-up sharas- to. the value cfr.fils 000 as part payment of the purchase, money, and will further guarantee S per cent.- on the. paidiup capital for two years from the commencement oil tho business, and will give good anil sufficient security for the due payment of this guaraat?ed, interest. —such security to be [ lodged in the hands of nny.Trustcos the Directors may appoint. They.- feel perfectly, secure in undertaking this prospective liability, from, the fact *hnt the profit on the malt alone. shouU pay over 10 per cent, on the paid-up capital.'. Aslo tlieproSlßsf breweries all over the world, it is not necessary here to dilate. They are known to ba lavge. and: to. compare favourably with any other business that can.ba named. Capital.—When the shares, are all disposed of, there will, after purchasing the property, he ample funds to make the alterations, befwss alluded to, and to carry on the business, as the sale1 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 wliom 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 experi-. onccd traveller (whoso qualifications are well known}* | is also, open to engagements. | Quality qf : Beer.—lt will be the determination 01.-, the Albion Brewing Company to send out nothing ixff the best, quality ofr beer, and thus secure a lasting awi ; 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 tha,active, .nianagemf nt of business. They are thorough!/confident that, under proper management, no-business, in the Colony will yield a better return th*vn.,that of the Albion, Brewing and Malting Company(l^un^ted)^ when once fairly established. Insurance has been effected on the tsjildiogs. ao3} plant to, the extent of £20,000. Tliisprospeotus is thus early laid before the pu>Hp v to enable the new Compiny to get thejr.cejlar erected, make the necessary alterations, an^nge, barlow contracts, manufacture malt, and have svprythmgia readiness to commence operations as sson.,after -<ibfc»imng possession of the premises as possible- The Distillery Company hope to have maTiufr^turerttuflmaximum quantity of spirits allowed in t&eir contract with the Government about the end oij April, in whioh case they will at once hand over tljp property to the Albion Company, and so enable theT&iixoßxawnee operations before the date above-name^ Applications for shares '^.r/a sent to MESSRS. WSBB and FULTON, Dunedin. Pr.oyyshxx.ai, Directors : Mr James AncU-rson (Anderson and Mowat) Mr James Brr jwn Mr Henry driver Mr George. Dodson Mr Geo. 'ff, Eliott Mr W. X M. Larnach Mr W., d, Murison Mr Robert Paterson (Paterson and M*Leod) Ml? David Proudfoot Job Wain, jun. 'Air H. J. Walter Mr Robert Wilson Bashers : Bank of New Zealand, Dunedin. Solicitors : Messrs Hai^itt Bros, and Brant. 7u