Page 4 Advertisements Column 2

Waihi Daily Telegraph, Volume IV, Issue 1034, 7 July 1904, Page 4

Dated rim! Pre.! with the Registrar of Joint Stock Compilings outho Q3aldny of June, 1904, ABRIDGED PROSPECTUS OF @ i mmm MfeMW fir CONSOLIDATION LIMITED." To be incorporated under "The Companies' Act, 1903." CAPITAL, £150,000 ■• divided into 30,0[)D sljn.fos of £5 each,of which 4000 shares, fully paid up, Are to be allotted toiheV.ndor; 400(1 ara For sx.:s-yj'.i.:-:it isa-.-.-i for oxtonsions of business and building purpos.'s, am-J th.i remruni ;'.,}' 2J,0.;D :-;/.iuvs km now oii'oi'crl m Cio public for subscription, p'nyablo as followo: f ii par shcro on «;-yiict<.t.ioji, 21 $w share on allj'mjnt, and the balanoe in calls Of not more than "21 p?;< share as nay lu riKjuitwl, aiul at intervals of luii, \ann than two months. EDMUND ALL; HKIUIJIAX I,K CHARLES Tlii 'Lo lifld office until I lie time the Coiii]i:inv bj the Shaicliuhler fiiv Cot,, Ltd.) *• of U.S.) ■'. l.oim A Invostmcnl Gov., Ltd.) 11l nor more limn iliiw montlis from the ■lois of Ihe Company will bo appointed SCUCITOK : Ban', Leary A Co., \\V!; : It. 0. Dmitiiii. ( H, Chndwicl; A E, Brett, South - BROKERS: ifhhiill ,v Co.. !|f'l\ AiU'H'tlul ; HMl.tld (tmril. W.'lilli A Co.. Wolliiinlon ; Fenwick Bros, Duneditl, i; Mark Sprat A Co., (Ircjmotitli AHokitika; .!. I'. chirk, XYMn ; ISewley A Griffiths, Xcw Plymouth J . K, Soli\v:-,i-ia Ccilfjiiid Jluluid l!uildiite<. Ciiitom House Oiifiv, Wolliiixlou.

'hk Company is tain; . going concerns, i!i Hold," in Willipicliuesquo ami fiii-f:'; •■ •* Lower ll;iit, iiml 0 ;w\vn as " Tli;' M.iiis ; » Wellington; ami »f n. their trade or bnsinws, mentioned in tin- .MemmThe value ol the ::■■ been fully reported iik.*., experts, nnd the foll.n.!i. "TflK E.Ml'lllK iilllK! Land, Stock of Viiics, .-- "TnKßr.xKvTi: Il„v nishings Stock of Wines,; . "The Mansion?," lit •)ii'a Holc.L" "The Bollftvuc iiotol and Cta'daua." At tins prc.-jcni t;:iic, ;i jo;iiiiey of thirty minute- by train a grounds. The stmiuli begun. The inijuuv. mei put in hand inimodhtfelj Hotel and Giivdi-iiß will iii

Ihe 7lii December last w "Wellington, "March 10th, 1901. o supplement our former report ol with ii statement of the receipts of r the four months; from the Ist uivp accordingly made n furtlier books of the Empire Hotel, and ie receipts of the business for ths amount to JEIO.C7I " This lirhi:-: ihc total receipts for tlie year ending 31st December, Nli'B. to.MS.ti7l 10s. sd. "HADHAM * I«SS. ] " I'iolessional Accountants and Auditors." i t will he Keen from the reports that the receipts eliow il krd iuerease year alter year, rising from £ll,OlO for the I'JOii, to £28,G7.t fni- t'lic year l!l03-an increase of oyer per cant, or more than double. | 'nmparcd with 1901, only two years ago, when the new lin;;s were complctc'l. the receipts lor l'.lOii show an actual ] rase of over C[l par oant. j in cxiiiiiiinilion of the books shows that the receipts for, ,iary and February, lilfll, iimounted In £5,070 Ms. Hi, ■h is at the rate of L'jjil.ti;! per annum. He' pr, sent rate of prolit on the Umpire Hotel alone repros in iis'lf ovrv G jjfjr cent, on the entire capital of the j eiiali in -iihu:;! likine into account at nil " The Mansions" eoii|iled with the .'l'feeliid under the consolidation, the :;d by fully 50 par cent, i' tbc past tight Cl.fcilllie.M., the house is a new one, opeued at these figures represent the ) house was stalled, mid before • Ain-il Bth. 100-1. nectiou with the establishment known as •■ The Mansions,'' Gbuznee Street. Wellington, we lincl the receipts for the p.tst eight months, from August Ist, \W. lo March Slut, lIHU, aniouuted to X,i,U',i Ills. (Id., and the expenditure to £1,(121 ltis. (Id.. leaviiiK a surplus of i'.'.lli 'is. !ld.; but in the above figures no amount lias been included for interest on capital invested in the business. "BADHAM eV DISS, " Professional Accountants." RECEIPTS OF THE "HELLEVUK" IIOTKI. k GAIIDENS. The receipts of the " liellevuo" Hotel and Gardens, from Ist while the expenditure was £BS-1") 7s 7d, leaving « surplus of £Hi7ii 12s 0.1. During thJ6 period 8:1,10:) visitors paid HDii \h lid tar admission to Hit grounds, and £llO !)>• 0d was realised lor flows. In the expenditure is included the sum of £lli0!) 10a lOd, which is an extra outlay incurred in repairs, upkeep, and generally improving the property, The Yaluos of the Properties. As to the values of the three properties reports on this point have been obtained from the leading valuers of the city, men who arc well known in Wellington for their absolutely unbiased jndgment, skill, and experience in this class of business for it loiig period of years, and generally their •• bedrock" valuations. ' The whole of these three properties have been carefully valued, and (bore is no doubt that if sold in ihe open market to-diw tioy would realise considerably higher prices. Moreover, from IBe (lot Unit business in Wellington is expanding enormously, and tljat too values of these three properties must iuerease proportionately yuar by year, it will be admitted by everyone that the posgibilltljß of the company must bu very 'great indeed, and that its earning : facilities, which are already so high, must be materially enhanced j in the immediate future. Early application for shares is invited, and should |jo forwarded to Ihe brokers, accompanied by a cheque for 81 on aw* share a? aiiplic*ti»n nunav Copies of Prospecliu may bo obtained from (ho several broken of the Company, or)tho Vendor, Mr Horrmau, The brokors will bo glad to givo any fiuthor iuionuation osired.

l Tne Mansions. Iliv,: slori-v-. Li i iuelicUnO!! Been from the fuel thai ii Ims cost nearly .Cl.iliKi Financial Aspaot. 11l HCNIUiItS Of ll linn iV Hiss, nrolV The following is ut copy of .1 -tippleinr-ntary report from Messrs, Badlwm & Biss, showing llu: vwoinu for tlw four months from the lsl Xovciiibor, I%J, to (ho 29th Fobruurv. lflOi :■

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GETYOUK . , AT THE OFFICE BYMONDS STREET AND KAKANGAHAPE ROAD. REPAIRS TN ALL BRANCHES , CAUEFUtLY ATTENDED TO SIGHTTESTINQ my specialty Glasses accurately fitted. Satisfaction guaranteed, G. E. EEAD Consulting Optician.

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