Page 3 Advertisements Column 6

Taranaki Herald, Volume XXVII, Issue 3140, 5 June 1879, Page 3

PROSPECTUS OP THE TARANAKI LAND COMPANY (Ji IM I T E D). To be incorporated under v The Joint Stock Companies Act, 1860." CAPITAL £50,000, in 10,000 Shares of £5 each, with power to increase. PROPOSED CALLS: ss. per Shnre on application ; os. per Share on allotment; 10s. per Share two months after allotment; 10s. per Share four months after allotment ; and 1O«. per Share six months after allotm nt. Further Calls to be made at intervals of not lesa than two months, ns the Directors may appoint. PROVISIONAL DIRECTORS: Thomas Bayly, Esq., Waitara Captain Cornwall, Taranaki A. Standish, E3q, Barrister, New Plymouth H. L. Skeet, Esq., Surveyor, New Plymouth H. J. Honeyfield, Esq., New Plymouth. James Watkiks, Esq., Taranaki. BANKERS : The Bank of Nbw South Wales. SOLICITORS : Messrs. Standish & Hughes, New Plymouth. MANAGING DIRECTOR: H. Lufkin Skeet, Esq., New Plymouth. OFFICES : Devon Street, New Plymouth. HHHIS Company is formed solely for the J_ object of Buying and Ro-selling Lauds in the Provincial District of Taranaki. It is clear that transactions in land may be far more profitably entered upon by a Compauy than by private individuals, who, from want of sufficient capital, through imperfect manHgement, and from other causes, are under great disadvantages, and are not always in a position either to secure the best market or wait for a favourable opportunity to sell. The results achieved by similar Companies in other parts of the Colony «how that investments of this Uind are more lucrative than any others undertaken by Joint Stock Companies. The District of Taranaki, possessing as it does a maguificent climate aod some of the finest land in New Zealand, offers peculiar facilities for a judicious investment of capital ; whilst its steadily-increasing population and progressing railways and roads,iby which an extensive but hither to comparatively speaking inaccessible public (state is almost daily rendered more available for settlement, preeent uuusual advantages for a remunerative disposal of lands acquired at an early stage. A slight expenditure in the way of improvements, or a judicious subsidy to assist local Road Boards in opening up thoroughfares, will frequently insure a profitable sale, and, where advisable, the Company will by these means endeavour to improve their properties with the idea of increasing their marketable value. The Company also propose in certain instances to offer land on a system of deferred payments, thereby securiug absolute settlement and a regular income. This system, it is believed, will tend to increase the value of other lands held by the Company, and secure a class of purchasers who by circumstances may be unable to pay at once a heavy purchase price. Lands in some instances will be subdivided, and sold iv lots to suit purchasers. It will be the aim of the Company to purchase, as far as possible, their properties direct from the Crowu, in order that both their clieuts and themselves may derive the greatest possible anvautages from direct purchase aud resale. The Provisional Directors propose spcurinp ns the Managing Director a practical surveyor of considerable colonial experience, possessing also a thorough knowledge of the Lauds in tho District. It is not proposed at the outset to call up more than £2 per share ; this will enable the Company to make a fuir beginning, aod afterwards profits may either be added to capital, or a divideud declared, and further calls made. Deposits can be made at any Branch of the Bank of New South Wales, where Prospectuses and Forms of Application for Shares cau be obtained. All communications to be addressed to the Managing Director, New Plymouth, Taranaki. GOG hb to THE "TARANAKI HERALD" AND "BUDGET" HAVE BY PAR THB LARGEST CIRCULATION of any of the Newspapers published in THE PROVINCIAL DISTRICT. TARANAKI HERALD .-Published Daily. Price, O»o Penny. Besides the large nomber sold, and delivered to subscribers in town, the daily issue is circulated at Bell Block, Sentry Hill, Waiiara, along the railway line towards laglewood, and the enrrounding districts the same evening. THE BUDGKET (or weekly HERALD). — Published on Saturday mornings. Price, Threepence. delivered by special rnoanU-d messengers I early on Saturday mornings at Bell Block, Waitara, Urn'rangi, Mauutahi, Inglewood, Omata, and Oikura, reaching all the out-distriots before the settlers etart for town. It also has a large circulation in tbe Patea Distriot. PUBLISHING OFFICE: Devon-street New Plymouth. * NOTICE TO THE PUBLIC. v 1 S the runners of tho TAKAtfAKt Herald lV only take wiih them sufficient copies of s Miat papor for delivering to Subscribers, n perßou& are particularly requested NOT to c purchase from tho buys when on their roundd. Single copies of the paper can be obtatneJ of the Agents in different parts of he town. „