Page 18 Advertisements Column 1

New Zealand Tablet, Volume IX, Issue 455, 30 December 1881, Page 18

PROSPB CTUS OF KEAST AND MCCARTHY'S (LIMITED) DUNEDIN BREWERY, Filleul and London Streets, Dunedin. To be Incorporated under the Companies Act ; Liability Limited to the Amount of the Shares. I CAPITAL ... ... ... £56,000. Divided into 50,000 Shares of £1 each. The present Proprietors retain 10,000 Shares, or any number not less than 6000, at the option of the Provisional Directors. I It is proposed to call np 9s. per Share, payable as follows :—: — Is. per Shore on application 2s. per Share on allotment 2s. four months after allotment 2s. eight months after allotment 2s. twelve months after allotment. No further call for five years, when, if necessary, 3s. per Share may be called up. Provisional Directors (with power to add) : Mr. WM. GREGG (Messrs. Wm. Gregg and Co.) Mr. GEO. DENNISTON (Denniston and Co.) Mr. W. G. NEILL (Neill Bros.) Mr. WM. WATSON (Martin aid Watson) Mr. GEO. ESTHER (Esther and Low) Mr. T. 8. GRAHAM (Heymanson and Low) Mr. WM. WRIGHT (Director Commercial Property and Finance Company, Limited) Mr. J. B. THOMSON, Builder Mr. FRANCIS MEENAN, Produce Merchant Mr. ALEX. INGLIS (A. and T. lnglis) Mr. JOHN GOLDER (President Licensed Victuallers' Association) Mr. JOHN DONALDSON, Glasgow Pie House Mr. N. MOLONEY, Ocean View Hotel Mr. J. D. HUTTON, St. Kilda Hotel Mr. JOHN CARROLL, European Hotel Mr. HUGH ROSS, Anderson's Bay Mr. FRANCIS PORTER, Caversham Mr. PATK. KELIGHER, Crown Hotel Mr. CORNELIUS BUNBURY, Grange Hotel Mr. JAMES DALY, White Horse Mr. FRANCIS M'GRATH, Harp of Erin Hotel Mr. HENRY SCOTT, Scott's Hotel Mr. JAMES LISTON, Robert Burns Hotel Mr. JOHN HABDIE, North Dunedin Hotel Mr. THOS. OLIVER, Sussex Hotel Mr. EDWARD HOLMES, Bowling Green Hotel Mr. THOMAS DODSON, Provincial Hotel, Port Chalmers Mr. GEORGE CHICK, Chick's Hotel, Port Chalmers Mr. JAMES MORKANE, Royal Hotel, Port Chalmers Mr. BOBERT NEILL (Keast and McCarthy) Mr. JOHN BOYD (Keast and McCarthy). Bankers : BANK OF AUSTRALASIA. Solicitors : MACASSEY, MACDERMOTT, AND KETTLE. Managing Director: MR. JOHN BOYD. Brokers : MR. W. L. SIMPSON, of Trust and Executors Company (late Resi. dent Magistrate), Princes street ; Messrs. R. and A. J. PARK, High street. This Company is formed to purchase and carry on the old and well-established Brewery and Malting Business of "Keast and M'Carthy," Dunedin. The property consists of theßicwery Premises (freehold), comprising upwards of three-quarters of an acre, situate across the head of Hanover street, and near tbe junction of London and Hlleul streets, with long frontages to the two latter, on which are erected Brewery, Malthouse, Stores, Offices, Dwelling-houses, etc.; together with the extensive Plant, Stock-in-trade. Book Debts, Kolling-stock, and also certain freehold and leasehold Hotel Properties and Mortgages on other Hotels, etc.. in Canterbury and Otago ; valuable Water-iigbt, and the Goodwill and Trade Name of tbe Firm. The firm of " Keast and M'Carthy " has been established for upwards of 12 year?, and their success has been such us strongly confirms general repute as to the profitable nature of a brewery business. At the outset of their career the capital of the firm was very small, and, when a few months ago, after the decease o£ Mr. McCarthy, the books were placed in the hands of two auditor?, with instructions to ascertain ihe absolute minimum value of the Estate, owint? to legral necessity to dispose of it, they certified that, after having had reduced valuations made of the real and leasehold properties, and making all allowances for open accounts and bills on b^inl or under discount, a liberal discount off the stock on hand, and a lav*'.' provision for contingencies, the surplus available for division— after discharging all liabilities— was £20,128. That this was a very safe minimum figure is patent from the fact that the balance-sheet at tbe ame period, as carefully prepared by Mr. Eskda'e, the manager, in icw of an imp ending change in the firm, represented a surplus of N esets over liabi lities (after setting aside absolutely all known