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THBH APPLY WITHOUT DBUT FOR Consolidation, Limited."

To b« isowpoßatod ■n«Ur "The Oompantei' Aot, 1803.' fully paid up, an It it allotted ti thi Vender; 4000 are reserved for eiftscpnl issue for extenolHre ol butlntet and building purpoeee, and the romaiti'mi) 22,000 Hum an new offered to the public fer eibiorlptlen, payable at follows:—Rl por ihart on application, J1 piroban on allotment, and the balance In oalls of not mors than II per ehare ae maybe retired,and at Intervale el net leee than two month?. Proiitfonal Dlraotors: CHARLES. P. GREENSLADE, Esq., Dunedin (Managing Director Speight A- Co., I.nl 1 ARTHUR R. V. LODDER, Esq, Wellington (Proprietor City Buffet Hold) CHARLES H. IZARD, Esq., Wellington, Solicitor (Director Wellington-ManawiUu Railway Coy., Ltd.) ALBERT MARTIN, Eiq.,M.B„ Wellington (Director Equitable Lile Ajninnco Society o! U.S.) EDMUND ALLO, Esq., Wellington, ElKtrioal Engineer mid Hydraulic Eipcrt HKRRMAN LEWIS, Eq., Wellington, Investor CHARLES TRINGHAM, Esq., Wftiriwapa, Suceptowv (Director Wellington Trnsl, Lean * liiTcstmcnt Coy. Ui.) Who hold oftioe unliHhe first meeting ol shareholders, which will be held not W; ibu<m« month nor more than three months from the time the Company jk eutitlm lo comraence business, at which meeting permanent Director of the Company will ho Bwikm: Tbethtion&l Bunk o! tf«v> Zealand, Limited. Solicitor: J, J. Drrins, 16, Brandon Street, Wellington. Bur, htttj A Co., Wellington; William H. Tumbull ,4 Co., Wellington; H&rcourUnd Co., Wellington; Fenwick Bros., Dunedin; R. O. Duncan, Chrislchwch; V. .1. L»ner, Auokuuid; Richard Gooeh, Waihi; Mark Sprat & Co., Grcymoutli ami Hokiiikftj H. Chadwkk A- Co., Hawkcs Bay; C. H. Lewis, Poverty Buy; J. I'" Cluk, NolBon; Bewloy & Griffiths, New Plymouth; 11. Brett, South Canterbury &-L, Dnigan & Co,, Wanggnui, Sooretary (prolan.}: iVß.fleVwtl, Colonial Mutual Buildings, Custom House Quay, Wellington.

THIS COMPANY B biing formed for the purpose of acquiring as going concerns the well-known "KNTPIEK HOTEL," in Willis and Victoria Streets, Wellington; the bctiutilul 'BELLEVUE GARDENS" and HOTEL, Lower Hull; and the high-class nnvaf mill known hb "THE MANSIONS," Wellington; ami ol emisolidMing, c:iuyi:'g in, and nUnding the buainess of theie popular places of public accommodation. It ii propoaed to purchase theiie three properties for the sum <•( XMM, n( ;.ki<h the Vendor reoeivci £55,000 cash and 4,000 fully paid-up shares; the sum <j *.■».<■> remaining on fixed mortgage. The fact that local companies lmvo a vuni of W«i on fixed mortgage aiuat be regarded as an undouhted proof of the soundness m li.e Hecuritiei offered. "THE EMPIRE HOTEL' Ii the leading hotel in Wellington, and is one of the finest <>t <Am in the Southern Hemisphere, It has t»o frontages, one to Willis Street and one to U-lorm Street-two of the leading bueiness thoroughfares in Wellingtmi. Jlw vato »'«> land,buildings,furnishingi, and goodwill is assawed by reliable vainer, at, illl.-(«'. The total receipts for the year 1903, were £3(1,871. The receipts or this year are at the rati of W,m Undir thi new regime, with mtUuiiiii. additions (romterca (bHIoM; the constant strain place.) upon the mjbs.il necjinino. »h..n owing to the great popularity of the hotel with tourists and the tuul.i.ig i k. generally), and with the adoption o! all the latest ideas in hotel ii:« Empire" ie eertain to return the Company fully 10 per cent, profit on the 5130.000 capital of the Company without lak.ng the profits of lue Dollevue Gardens" and "The Mansions" into consideration at nil. "THE BELLEYUE GARDENS." These beautifoi gardens, with tlio Hotel, clo«e to the Lower Hull Kaijway Station, are rained by reliable experts at mm During the two the receipts were i'lo,'2'2l lis. dd„ representing a net profit ol 11,1, o li,. , alta .an extra outlay of £1,609 10s. lOd, «ut incurred in repairs, upkeep, and genu all; iinproima. the properly. "BELLEVUE" IS WELLINGTON'S PRINCIPAL PLEASURE-RESGRT, the attractions of which wljl be greatly enhanced under the Consolidation, "THE mansions:' people. Opened only last August, it is already yielding 8 per cent, on the oapital invested, THE VALUE OF THESE PROPERTIES, ut iliicloud by most careful valuations, shows a total of £U-I,2?!I. This is £14,229 more than the amowt to be paid by the Company.

AN EXCEPTIONAL OPPORTUNITY ol limiting In a ioimJ,4olM, uniMUking. in whleh your money will EARN GOOD INTEREST. finnqnlidßtion natuMlly results in the redncliou oi cinciikos of nianagemont. In iuoli !„d r ny B upj!! a which under the no, man, vnt will b. obtained on much more profitable terms. With the PHENOMENALLY RAPID INCREASE to advanoe in corresponding ra , pay remarkably well, to invert your money in lha Company. APPLY FOR SHARES NOW I As an Investment ii has no equal in Iht Colony. Send for oopies ol Um Prwpeolua to thy Broker* ol thei Or iha vanbr Mr. Hemnui Lewis, ol Colonial Mutual Bui WdiSon! lending shareholder! will be give* all puuiMa I in Wellington will b« ehown «wr iho piopartlei. J.OT «on eseb Ann iM#oatt» nonaj.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WHDT19040820.2.32.3

Bibliographic details

Waihi Daily Telegraph, Volume IV, Issue 1072, 20 August 1904, Page 4

Word Count
802

Page 4 Advertisements Column 3 Waihi Daily Telegraph, Volume IV, Issue 1072, 20 August 1904, Page 4

Page 4 Advertisements Column 3 Waihi Daily Telegraph, Volume IV, Issue 1072, 20 August 1904, Page 4

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