Page 21 Advertisements Column 1

New Zealand Tablet, Volume VI, Issue 272, 19 July 1878, Page 21

DUNEDIN CATHEDRAL FUND. I acknowledge the receipt of the following amounts (mostly first instalments) towards the Cathedral Fund, continued. *fr P.Moran. Mr. Patrick Carey ... 5 0 0 Mrs. Ellen Costello ... 2 0 0 Miss Payne ... 10 0 Schoolchildren ... 2 0 0 P_ R O S P E C T U S OE 1 THE WAKATIPU STEAM NAVIGATION COMPANY, LIMITED, To be incorporated under the provisions of the Joint Stock Companies Acts. CAPITAL - - - £10,000, IN 2000 SHARES £5 EACH, Of which it is proposed to call up Three Pounds per Share, payable as follows : — Ten shillings on application, ten shillings on allotment, one pound six months, and one pound eighteen months after allotment. It is estimated that no further calls will be necessary. Should, however, the directors of the Company, in its interest, find it expedient at some future date, with the object of extending its operations, to make a further call — an interval of not less than six months will elapse between each call of £1. Provisional Directors: Messrs M. J. Malaghan Messrs F. H. Daniel T. G. Betts J. Hatch (InvercarA. Eichardt gill) C. C. Boyes R. Tapper (InvercarA. Boyne gill) Wm. Warren J. W. Moff at (InverJulien Bordeau cargill) Wm. Paterson John Hare (InverA. H. Douglas cargill) R. Pritchard R. Wilson (Dunedin) W. T. Smith B.Hallcnstein(DunA. M. M'lntyre edin) R. Matheson R. Tewsley DunJ. A. Hodge cdin) Solicitor : Mr H. J. Finn. Secretary (pro tern.) : Bankers : Mr Lewis Hotop. The Bank of New Zealand. This Company is formed with the object of procuring a first-class Steamer to be built specially to meet the requirements of the fast increasing trade on Lake Wakatip. The estimated cost of the steamer is £5000 and it is to be so constructed as to insure great 6peed, combined with ample accommodation for carrying both passengers and freight — supplying an easy and effective mode of transit from the terminus of the Bluff (and ultimately Dunedin) Kingston Railway to Queenstown and other places on the Lake. The promoters, from reliable and carefully-compiled statistics showing the present tonnage and passenger traffic, are satisfied that the proposed steamer will be a remunerative investment ; and it is confidently expected, with increased facilities for water communication between Kingston and Queenstown, that the large and varied interests of Lake County, comprising its agricultural, pastoral, and rich mineral resources, will be developed to such an extent as to add immensely to its material prosperity ; and thus afford, as a necessary consequence, a further guarantee of the unqualified success that awaits the Company. It is anticipated that the Company will be able to adopt a scale of charges for passengers and freight slightly in excess of the railway, plying the steamer to suit the arrival at, and departure of the trains frTa^p'ngston, making arrangements for through traffic, and thus affortnL^ every facility to consignees, and doing away with the expense of intermediate agencies. It is deemed desirable that as much of the capital as possible shall be subscribed among the residents of Lake County, and thus secure their individual support, the remainder, if any, of the shares it is expected will be readily taken up in Dunedin and Invercargill — from the later place a large number (if available) are already bespoken. As soon as a reasonable number of shares are applied for, a meeting of shareholders will be called with the object of appointing Directors, who will take immediate steps to procure the required steamer, as at least three or four months must necessarily elapse before it can be placed on the Lake. Application for shares may be left at the Bank of New Zealand, Dunedin and Invercargill, accompanied by the application fee of ten shillings per share ; or to the undersigned, not later than the 21st July next, when the share list will close. M'ARDELL & CO., Queenstown, Brokers for the Company. Queenstown, June 20th, 1878.