Page 4 Advertisements Column 2

Southland Times, Issue 12328, 22 September 1892, Page 4

Public Notices TKOSPECTUS OF THE SOUTHLAND MILLING CO., LTD To ba incorporated nidec th« Comp*aiea' As I^B2, with Limited Liability of Shareholders. CAPITAL— MO.OOO, IN f-OCO BH4RU3 CF L 5 fcACH, Pavab'e -\h follrws : — 10s per shar* on appli.-a lion ; 10s on allotment ; tho balance in calls not excci ding 10? sh-re, and at intervals of no lc*- than t-irrv m' d l l ■b . It ia expected that onl> ha f of the capital will require to *c called up. PROVISIONAL i)IRRCTOBS: II S Valentine, M.lf.tt G C T0'..1.i11, live.cargi'l B<lph i-wrle, Winton WiJham Todd, Invercargill Wi'scn U.ill, ikivftr*dale D L Mathcßor., Invercargill Ihom-ts Green, Gore O W Mcr;o). Inverc»rgill Thocna^ Mar Gibbon, WatMira Gecrre Johnson, Lum-den W S Wateri-ton, Inves-cargill Allan Carmichael, f lantaa A F Hawke. Inve r cargill Andrew t hrisne, Fortiose J S Baxter, Invercargill Jarne Gait, iVatanra Jameh Fleming, hakihonki Kobert Grit vc. W-.ian\wa }>avid Roch<\ icveicorgill Q E Tuck'-r, Inv rei gill J W Hatui'*on, in rnbury John Ma G.bhor.. Goie J W Mitcholi, Ir.v.--re?.rgill John Wilson, Wniar iwa Hugh Car-w: i), laverr argill Al< xindvr D ckie, Mat-ura A J Pease, Livc-r^-dale Thomas McChe«ney, Invercargill Arthur Gerrani, Winton F W Borne, Jnvrjcargill D t' cFailar.c, Invrrciigill Prier Gcorte^on Bluff Jjme^ Gill, > taxa W N Stirling r.'vercargiH T W K"j mocd, Wyrdham Jobn ShinH,Cen-r Bush W hona'd, Wniauiwa J-.mes Hrott, Wy< dham *';Wter Fenrier^on, Inv? r^rgi 1 J L McDot aid. Inerra'gill B Meredith, Ir.ve:carg 11 With j. ower to add to thtir numbeBankkEß: THY. B Ar^ K OF NEW ZEALAND. fcOLTCITOE: Mr. T. M. MACDONALD, Bhokkrs : MESSES J . W. MITC HFLL, JOE J. PH STOCK, AND R. MACLEOD. The registered office of the Company will be in Invercargill. Thi? C^mpary has been formed to acquire and further develop the well known and highly profitable Milling business of Messrs Fleming and GilMton, including their thoroughly iqnippedard fully rmp'.O) ed Mills at Invercargill, uore and Win ion. The f x^aordi aiy development that has taken place during the la--t few years ia the agricultural n s-ources of this distii :t is <o great rs tc> jaetify tho anticipation, that at no ci«tant date benth'and will rank as one of the m:>Ft prosperous districts io the colony. 7 he protnjtors of thie Company are po strongly impress' d with this view of pffiire that they coctidcr tho present lime to be met favourab c for part n; a milling busnees, to be ow ed by tho of tbe sur-oending district, and to be worked on practically co-operative prircinlps. The trend of the age h manifestly in favenr of combination and co-oreration, and thereff re the pre motors Lavn detcmined to givr the ■ rcdnc -ro an-l conmtnors of thip district an orportr.mt}- of becoming inte r e i -ted in cirryir g on a V.-n irfss on which th«ir own prosperity co Ittrge y dt pende. VTith this object a»i agreement has bsen entered into htitw-TD Mr G. C. Tothill, Inverrargill, and Myf-srs Fieming and <iik son (whicb may be seen at the o^k;- of the so'iritor) fur the purchap? of tier extrnf-ive and will appoirted prrmisefl at Invercarinll, Gore and Wirton, topriher with the wood will of their ■well » tab) i r bed afd thriving fun-ewfs n these c°ni'cs ; . Tie lerm^ up^n whi h the right to purcha?e thp.'e hai been secured are c nsiderpd by rom:>e'fnt j rigen to be high ; y pat'f-f actor y, anH tbe fact that th^ vendors are prei »rtd t > ret iin a lar>e interfst in the concoin, acd tlifct their nervciis r.s V»ra«:e.'S have been pcc;j'ed for a term of fivo years, are a sufficient cuarant.ee to intending shareholders as to the bona fide character of the undertaking as well ap an assurance that the Mavage^ ment will leave no p'o.e utitnrned to make the concern as successful in the future ac it has been in the past. Ihe Invercargill property consists of threequarters of an acre, more or lesc, bping sections I, 2 and 3, block 4H, comer of Conon and Tyne Btrepta. Hectioa li^ frcnbold, an^l thereon is ereit9d thi la^ge anJ substantial four-storey brick bui'iing, in which the new and most modern rol.'cr idi 1 is ('laced ; also engine room, b 'ler houee, drying kiln, smoke stack, fctible, office, etc. Section 2, Ednrational leasehold, with full valuation for substantial builurgs, fixtures, and feacine to be tixed by arbitration, 14 years' leas-e expires 10. h November, 11)01. r«nt L 7 p r ann«m. • n this i- erected a large grain store, substantially bni t of brick, with Hplend'd concrete ii or, 66 feet by 100 feet, and capable of ptorirg about 20 000 Hi'ks of grain, apo worksho and ottu-r buildings. The leaee msy beinepecte at the office of the eolicitor. Fcctio 3. frrrhold. on which etarda a cod five roomed cottage at pre^nt occupied by one of the employes. The roller mill ip ry the well known makers Me^rs 1. liobirism and Son, Litd. Rochdale. England ; it is of the htest and best design, and cap&b'e of producing 12 tous of ursr. cUt*(< flour prr day. he property is connected with th« ma n Jin» of railway by a private siding, on wh ; rh is erectid a Faiibanks ten ton weighbridge. Wintcn Pi (U'EITt cornets of fre hold sec'ions 11 and 12, block 6, towa cf Winton, on which is erecrd a laree a-id commodicus wouden bui ding, containing nil the necessiry plant to ! reduce firet claps stono fl jur to thn exteit of ?ix tore p«r day ; also eneine room, boilT room, f-nd pm^kp s'.ack, all subs'antially built of brkfe. workshop and offi'e of wood. Ihe mannfi.ctnre of pearl barley is also carried on there f^r which parpope thre i* a first class barley mil! capable of supplying the whole of he diEtrict . Go^K PtOPHRiY consists of section 1, block 11, corner of Sfercey and Gorton streets, Educa- ! tional lsaeehold, with fnll valnati-^n 'or imj provements, or a renewal for 7 ynara at a ret t to be fixed by arbitration similar to tbe provision in the Municipal leases— fourteen ye >»•*<' lear-e expires on the let Jure, lfX)5 — rant £30 peraunurr. On this U erecte the large four storey wooden building Qing all tbe nece.-sary machinery for prcducin(r first clss aton' tijur to the amount of six tons per day ; alfo Oatrreal michicerj' of the very best type capable of producing fivo tons per day. The d»ying ki)n is anhsr.antial'y bnilt of brick, w.th cast iron floor 20ft x i.of\ The large four storey > rici bnilding eretei la^t year is intended for the f itnre location of the machinery, whsn a new roller plan' is put in at r>r<pent part of it i a in n»e «« a Ftorp — the lower two flitß being let to Messrs Tt.tb.ill, Wa^eon and Co , at a rental of £70 per annum. lh» whole of tbe buildicgs are connected with the main line of railway by a private sidiag. on which is erected a twelve ton Fairbanks Weighbridge ; oiam naif of this weighbridge is owned by Messrs To'hi.l, vVat«on and Co, and haa to be taken over by the prvpoced Company when that fi-m vacates the preroise 3 . The lpape may be inspected ot the cfh'jß rf the folicitor. Wi h ths vie'\v to the economical working of tbe c'iil rent mills. -^11 the arrantements and detail-* are as com, letu as money and experience cm suggest. The vrndnre Fti^n'ate to receive for their intcret I 'J>',( 00. They are prepared to take op to one-ba!f that ?um in fully paid up shares, the balance to be paid in cask or at the option of the CJ. mpany, in bill? — the latter bearing interest at 7 per cent, per annum. The Company will take over and start opera tions on the let Februiry, 1893, or at an earlie» date as tha Directord may fix All manut factnrer 1 ! goode will be taken over by tbe Company at current value, atd paid for in ca-h, le s a discount of 10 per cent. ; all grain to be taken at current value, and all trade re-< cuisitsfi, including bags, twine, silk, belting, oil, <tc, &c, on the premises at invoice The Comrany will not take over any ot Messrs Fleming and G;)ki-on's liabilities. The Merncrandum and Articles of Association m^y be ir.spt.-L. d at tho office of Mr T. M. Macdonald, fesk ptreet, Invercargill, aflcr the 3rd September, 181*2. Tho Share liet will close on tho yQ.b. November, lay.'. wW