Page 2 Advertisements Column 2

Taranaki Herald, Volume XXVII, Issue 3218, 4 September 1879, Page 2 (Supplement)

PROSPECTUS or THE TARANAKI LANJ COMPANY (Limited). To be incorporated under " The Joint Stook Companies Aot, 1860." OAPITAL £50,000, in 10,000 Shares of £5 eaoh, with power to inorease. PROPOSED CALLS: ss. por Share on application ; 6s. por Share on allotment; 10s. per Sharo two months after allotment ; 10s. per Share four months after allotment ; and 10s. per Share six months after allotmint. Further Calls to be made at intervals of not less than two months, as the Direotors may appoint. ' PROVISIONAL DIRECTORS: Thomas Bayly, Esq., Waitara Captain Cornwall, Taranaki A. Standish, Esq , Barrister, New Plymouth H. L. Sheet, Esq., Surveyor, New Plymouth H. J. Hombyfield, Esq., New Plymouth. Tames Watkins, Esq., Taninaki. BANKERS : Thb Bank of New South Wales. SOLICITORS : Messrs. Standish & Hughes, New Plymouth MANAGING DIRECTOR: H. Lufkin Skeet, Esq., New Plymouth. OFFICES : Dbvon Street, New Plymouth.

THIS Company is formed solely for the object of Buying and Re-selling Lands in the Provincial District of Taranaki. It is dear that transactions in land may be far more profitably entered upon by a Company than by private individuals, who, from want of sufficient capital, through imperfect management, and from other causes, are under great disadvantages, and are not always in a position either to secure tho best market or wait for a favourable opportunity to sell. ' The results achieved by similar Companies in other parts of the Colony «bow that investments of this kind are more lucrative than any others undertaken by Joint Stook Companies The District of Taranaki, possessing as it does a magnificent olimato and some of the figeftt land in New Zealand, offers peculiar facilities for a judiqious investment of oapital ; whilst its steadily-inoreaaing population and progressing railways and roads, by which aa extensive but hithei to comparatively speaking inaccessible public estate is almost daily rendered more available for settlement, present unusual advantages fpr & 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 1 means endeavour to improve their propertied with the idea of increasing their marketable value. Tbe Company aleo propose in certain instances to offer land on a system of deferred payments, thereby securing 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 in lots to suit purchasers. It will be the aim of the Company to pur* chase, as far as possible, their properties direct from the Crown, in order that both their clients and themselves may derive the greatest possible aovautagos from direot purchase and resale. The Provisional Directors propose securing as the Managing Director a practical surveyor of considerable colonial experience, possessing also a thorough knowledge of the Lands in the District. It is not proposed at the outset to call up more than £2 per share ; this will enable tbe Company to make a fair beginning, and afterwardß profits may either be added to capital, or a dividend declared, and further ealty made. Deposits can be made at any Branch of the Bank of New South Wales, where Prospectuses and Forms of Application for Shares can be obtained. All communications to be addressod to theManaging Director, New Plymouth, Taranaki, COG hb to

FOR SALE, LEASE of U SECTIONS, with goo I 4roomed Cottage, Barrett-street. Terra* easy. Apply to J. C. DAVIES, 0115 to th s to Devon-Btrocr Printed and published for the Proprietary, at the "Taranaki Herald" General Printing Establishment, Devon-street, New Plymouth, Taranaki, by William Henry Jolm Seffern, Journalist, of Devon-street. New" Plymouth, Taranaki, in the Colony of Ne\\f Zealand.— September 4, 1879.