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Notices PROSPECTUS OF THE SYLVIA PARK STUD COMPANY, LIMITED. CAPITAL £20,000, In 20,000 shares of £1 each, payable as follows :—ss on application, 10s on allotment, and the balance it is thought will not be required to be called up. DIRKCrOIIS : To be elected at meeting of shareholders. bankers: secretary : offices : This Company is formed for the purpose of purchasing die thoroughbred stallions, brood mares, and their progeny, now at Sylvia Park, near Auckland, together with the appurtenances, implements, machinery, chattels and plant thereto belonging. The property proposed to be purchased consists ol; — (1) Thoroughbred Stallions Nordenfeldt, St Leßer, Fusilada and Hotchkiss. (2) Forty-two Thoroughbred Mares, including the following celebrated dams: Mersey (dam of Carbine), Nelly Moore (dam of Lochiel and Cortinna), Florence Macarthy (dam nf Tirailleur), Onyx (dam of TSordenfeldt), My Idea (dam of Nelson) Realisation (dam of Maxim) Sylvia (dam of Martini-Henry and Goldsborn'), Steppe (dam of Russley and She), Pearl A.sh (dam of Pearl Shell), Sister Agnes-, Lady Mersey), Woodnymph (sister to Martini Henry), Formo, Sweet Cicely, Naid, Fusee, Ophelia, Madcap, and others equally valuable. (3) Twenty-tour Colts and Fillies (yearlings), the progeny of the abovo. (4) Leasehold. — Arrangements have been made by which a lease of 475 acres can be acquired for a terra of years, with a purchasing clause, for £14,000. On this property is situated manager's house, stables and outbuildings. The property is too well-known to require further description. As a breeding establishment of thoroughbreds, Sylvia Park has been rendered famous bj the names of Carbine, Martini-Henry, Manton, Maxim, Tirailleur, Nordenfeldt, Thunderbolt, Gatlinpr, Pearl Shell, Necklet and others, and place beyond dispute that this Stud has achieved a distinction far ahead of all rivals in the Southern Hemisphere. A more beautiful collection of stallions and mares than those now proposed to purchase could not be again collected without the greatest difficulty. Their possession should enable the Sylvia Park Stud Com pany to maintain the proud distinction which it has been achieved in the raising of thoroughbreds. The ab.jve list of mares shows that the best running blood and the best merit-pro-ducing dams are still at Sylvia Park. Their names are familiar throughout tha world from the great performances of their offspring. Of the stallions, Nordenfelt (got by Musket nut of Onyx, by Angler out of Chrvstnlino. by Stnckwell out of Juliet, by Touchstone, and born in IS.S2) is making for himself a name which promises to surpass that of his illustrious sire, Musket. St. Legor (by I loncastor out of Atlantis, by Thormanby) and Fusilade (by JMusket out of Wai-iti, by Towton) are stallions of great promise, and thoir stock are eagerly .sought for.

Hotchkiss —brown horse by Musket, dam (imp.) Fetroleuse (dam of Gatling), by Oxford. This horse was selected and especially bred by the Company as a stallion, and has grown into a magnificent animal. The yearlings (twenty-four) now remaining at Sylvia Park are quite equal to the standard of those annually offered for sale. It seems to be wniversally admitted that there is something about the climate of the Northern part of New Zealand that renders it particularly adapted for the breeding 'jf good horses ; and the rich pasturage of the paddocks at Sylvia Park provides a supply of grass which i» unrivalled throughout the year. The Stud Company, formerly known as the Auckland Stud Company, Limited, for several years paid dividends at the rate of 10 per cent., out unfortunately an amalgamation with other companies, representing land, cattle, and sheep, involved it in difficulties, owing to the great fall in the price of cattle and sheep. The following figures, which are taken from the Stud Company's books, and are therefore authentic, should tend to prove that there is every prospect of the Company being a financial success :— ANNUAL EXPENDITURE. £ Wages, including manger's salary (£300) !)00 Lease and rent 1,360 Forage (oats, bran, linseed, hay, ... etc). 700 Veterinary surgeon ... ... ... 50 Office and managing director ... 100 Extras, including repairs, fencing,... etc 300 £3,500 ANNUAL INCOME. £ By estimated sale of 21 yearlings ... 4,600 (From exceptional circumstances th° number of yearlings for sale next January is unusually small.) By fees of stallions 700 By grazing paddocke 500 £5,700 Which will leave a profit of £2200 annually to be divided amongst the shareholders of the company. It is estimated that in January, 1892, there wtll be 33 yearlings for sale. The average number 'if yearlings sold annually has been 33, on the present number of matrons. The above estimate of Expenditure has been taken at the maximum, whilst the Income has, if anything, been undervalued. It is proposed to raise a capital of £20,000, in 20,000 shares of £1 oach, and the public are invited to invest to that amount. At the last annual sale, in 1890, the progeny of Nordenfoldt realised an avorage of £355. Mr Cutts, the present resident Manager, has consented to engage himself to the new Company on the s.uuu terms as at preseut. A Committuo of Directors for the Company will be selected at the first (Jeneral Meeting. Applications for Shares will be received at the office of the New Zealand Stud and Pedigree Stock Company (Limited), Short-land-street, where all information can be obtained. G. T. CARRE, (Lieut.-Colonel Secretary (pro tern.) Auckland, September 6, 1890.

J. MIS SEN, HAMILTON, PRACTICAL OTITCHED AND T)EGGED BOOT AND SHOEMAKER, A Large Stock of ready-made English and Colonial BOOTS AND SHOES FOR SALE. t& Rei'aiew Neatly Exeuutkd, When other Bnots and other Shoes have been a regular aell, In plainer language hear the news, I hat Missen's wear full well. J. MISSEN, Hamilton. fILAEENDON TXOTEL, \J AX Corner Queeu and Waketield-streetH, AUCKLAND. W. LYNCH, PROPRIETOR. The accommodation of this well-known hotel needs no recommendation. EVERY MODERN IMPROVEMENT PRINTING of all kinds done neatly at The Waikato Times Office, Hamilton,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT18900911.2.45.3

Bibliographic details

Waikato Times, Volume XXXV, Issue 2834, 11 September 1890, Page 3

Word Count
965

Page 3 Advertisements Column 3 Waikato Times, Volume XXXV, Issue 2834, 11 September 1890, Page 3

Page 3 Advertisements Column 3 Waikato Times, Volume XXXV, Issue 2834, 11 September 1890, Page 3

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