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PEOSPECTUs OP THJ WANGANUI OPERA HOUSE COMPANY; LTD. j L'o be Incorporated uader "The Companies Act, .892" "< Capital, £5000. In 5000 Shares of £1 each ; 4000 of which will be submitted to the pablic. frovi&ional Direct >rs: Dr Hatbeily (chairman), Herbert Collier, Siq, Joha Duncan, Esq, VV. H. (J. Foster, Ktq H. Gibbons, E:ii. A. E. T.Nixjd, Ejij T. 1 U. W. Llama. Ksq, A. D. Willi.', Esq. James Qar.'and .Woon, Esq., (witn power t> add lo their number,) Hankers:" Ihi Bank of Hew Zealand; Solicited : Messrs Rorlaso aad fiaroi«atj Broker and Hon. Secretary: A. E. 'J.Nixcc, Esq. Wanganui Opera House Company, Limited. .-. THIS Company is being formed for ihe purpose of oro;tiog a substantial and commodious Op T.t Houso cn tbe site of the presont Oddfellows' Hall in Eidgway Stroet. The lease, at present owned by Mr Tasker, bas about fire years to run, but' Mr Tacker is willing to tram fer the lease and goodwill to the Company on the following tß.rms : - 1. That he raceive XIOO in cash and .£2OO in fully paid up shares in the Company. 2. That it is proposod to eroct two shops in connection with ihe new. building, one of th?m is to be leaded to him for the term of fourteen years at an annnal rental bfjesa. As tha Company will own, as aa asset, the present building, thi cycle shop adjoining atid all the Actings and futures in the building (which should rea'ise a substantial sum), the .Provisional Directors axe of opinion that ' tbe terms asked era not nni'^asonablu. Th'e Oddfeltowp, who own tie site, are willing to lease it foi the torm of 30 year* at an annua) rental, cf JBI2O. Application has been m-ide to the Borough Counci), who are favourable, for a grant of land at tho back of the present building. Shouii a sufficient number cf shares bu applied for, it is proposed t> immediately invite architects to submit compt titivo plans to tho Directors and the work wil bo commanccd as soon as the legal formalities of registering the Compiny have beon completed and u goaer.il meeting of shareholders haß been held. The Provisional Dhectots desire to point out:— -1 Tbat owing to tbe present un atitfactory Theatre accommodation many of the leadiog companies omit Wanganai when making arrangements fji a tour, thus depriving the inhabitant! of an opportunity of seeiDg all that is bost in Drimatio and Musical Art. ' 2. That no hotter or mora central site is now, or is Ikdy at any future tini", to be available.' 3. Tbat the prospective earnings from Thratricul and. concert peiformancas as well as from Polit cal and Ktl gicus mcetings,Baziare,and othor sourcec, wonl l.calculated upon the takings at tbe 'present building, and after making allowance for rater, taxe?, insurance, working and managerial ezpenses and sinking futd lei7e ample margin for- a satisfactory dividend.. • -■) ', ; 4. Tbat the movement should be supported on pnblic groundp, as a distinct advantage to tbe town, independently of its being, a3 ic is believed to br, a sound and remunerative investment. 6 1 hat although seveial schemes hove from to timo to time been prr.poied for providing a luitable Theatre for W»ngimr, they have all fallen through owing to conflicting interest?, and to the fact that the population of the towu would not jn-tify a second Theatre whiLt the Oddfellows' Hall ie st il used for th*t purpose. By Beaming the present site and building thereon the chibf stumbling block ie at once removed. - 6. Tne shares are fixed bt £1 each so . that all. may participate to some extent n a mciVauie .t which is c.ljulated to greatly benefit Atli'p fqwp, bcth directly and indiiect'y- Persons tub: cribiug for five ahaies and upwarJs will be required to pay 2< 61 ->n application, 2> Gd on allotment and tbe balince i-i calls net exceeding Sb at ictaivals of not less tban I brae montbp, at the discretion of the D'rsctors. Persons applying for less than five s Jares wijl be requiied to tiks them as fully paid upßhaie-, the vyhole amount being payablb on application. 3 in the improbable event of tho Cmpauy cot being tu. ices a fii 1^ fl a'ed all monies received will'be returned witbout any deduction for expenses. ( I^ASTLBCLiI^Ji , BAILWAY COMJ PANT, Limithd. i Leavo Town, Leavo Heads, 7.30 a.m. 7 a.m 10.30 a.m. 8.85 a m." 2.80 p.m. " 1.30 pm. 5.36 p.m. 5.10 p.m. SATUBDAY UIGHT TBAIft. 10.3U a.m. . . to a.m, 10 p.m. 7.0 p .in STJNDVJFONLY. 1 Leitelown Leave Heads. 10.30 a.m. 10 a.m. 2 80 p.m, 2 pm. 5.35 p.m. 6,10-p,m, CHABGB3 FOB SEaSON TIOKEfS bs foil lows: — First class. 12 months, .£6; siz months, M lOs j three months, £2 6a ; one moi th. £1. Seoond class, 12 monthß .£4 10s j six months, £2 8s ; three months £1 10s; one month, 18s. Special reduced rates for School?. ,;X ' Workmen's Tickets issued at 8s per week, subject to company's conditions. Family eeason tickets can ba obtains from il o Guard. , p A saving of 25 and 33 per cent, is tn»d« on purchasing Books of 12 tickots (adultß first class retort), 12s ; dittc (adolts second class return), 'os, Passenger faros- to.CastlecliS and vice vena -. —First Clas^:, (return), Is dd j Second Olass (return) Is, Single, Firat Class, IOd; single. Second Class, Bd. Children half-prico. . Fares to Hospital flatfoini— Adults (return), 6d ; Children (return), 4d. Mount Desert— Adults (return), 8d -j Children (return), ed. Balgownie— Adnlts (return), Is; Children (return), 6d. Conditions as per Printed Handbills (distributed.) Speoias Trains ean fce had on application to the Gusrd. Haulage rates can be obtained on applica'ion at the office, Bidgway Sireet, or rom the Guatd, All goods must be loaded by consignors. Parcels to be handed to the Guard. Company will not be responsible for goods left on the platform \ BY OBDBB. Royal Insurance) Gompanyr THE LEADING FIRE INSURANCE J3OMPANY OF THE WORLD TOTAL FUNDS EXCEED JE8,000,000. ANNTJAi. INCOME EXCEEDS ... .£2,700,000. WE dcßire to intimate that MB ABTHUB E. T. NliON has been appointed Agent for the above Company for the Town and District of Wanganui. W. M. BANNATYNE k CO.. Chief Agents. Well'ngton, Ist February, 1897. WANIED to.Eell— First-olass Livery and Bait Stables. Going concern, Billard Saloon, with Hair Business and Tobacconist's combined, with Dwelling attached and 72 acrea of land in a rising township. Aho, Plumber and Tinsmith's Business. Callaghan and Kempsell, Brougham Street, New Plymouth,

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https://paperspast.natlib.govt.nz/newspapers/WC18970325.2.29.4

Bibliographic details

Wanganui Chronicle, Volume XXXVIIII, Issue 12247, 25 March 1897, Page 4

Word Count
1,072

Page 4 Advertisements Column 4 Wanganui Chronicle, Volume XXXVIIII, Issue 12247, 25 March 1897, Page 4

Page 4 Advertisements Column 4 Wanganui Chronicle, Volume XXXVIIII, Issue 12247, 25 March 1897, Page 4