Page 20 Advertisements Column 1

New Zealand Tablet, Volume IX, Issue 458, 20 January 1882, Page 20

PROS PE C TU 8 OF* KEAST AND MCCARTHY'S (LIMITED) '* DUNEDIN BEEWERY, Filleul and London Streets, Dunedin. To be Incorporated under the Companies Act ; Liability Limited to the Amount of the Shares. CAPITAL ... ... ... £50,000. 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. It is proposed to call up 9s. per Share, payable as follows :—: — Is. per Share on application 28. per Share on allotment 2s. four months after allotment 2s. eight months after allotment 28. twelve months after allotment. No further call for five years, when, if necessary, 3s. pei Share may be called up. Provisional Directors (with power to add) : • Mr. WM. GREGG (Messrs. Win. Gregg and Co.) Mr. GEO. DENNISTON (Deiniisten and Co.) Mr. W. G. NEILL f Neill Bros.) Mr. WM. WATSON (Martin and Watson) Mr. GEO. ESTHER (Esther and Low) . Mr. T. S. GRAHAM (Heymanson and Low) Mr. WM. WRIGHT (IHrector 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 BUN BURY, Grange Hotel , Mr. JAMES DALY. White Horse Mr. FRANCIS M'GRATH, Harp of Erin Hotel Mr. HENRY SCOTT. Scott' o Hotel Mr. JAMES LISTON, Robert Burns Hotel Mr. JOHN HARDIK, North Dunedin Hotel Mr. THOS. OLIVER, Sussex Hotel Mr. EDWARD HOLMES. Bowling Green Hotel Mr. THOMAS DODSON, Provincial Hotel, Port Chalmers Mr. GEORGE CHICK, Chicks Hotel, Port Chalmers Mr. JAMES MORKANE, Royal Hotel, Port Chalmers Mr. ROBERT NEILL (Keast and McCarthy) Mr. JOHN BO YD (Keast and McCarthy). Bankers : BANK OF AUSTRALABIA. 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 6treet ; 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 McCarthy," Dunedin. ■ The property consists of the Brewery Premises (freehold), comprising upwards of three-quarters of an acre, situate across the head of 1 - Hanover street, and near the junction of London and Filleul streets, with long frontages to the two latter, on which are erected Brewery, Maltbouse, Stores, Offices, Dwelling-houses, etc, ; together with the extensive Plant, Stock-in-trade, Book Debts, Rolling-stock, and also certain freehold and leasehold Hotel Properties and Mortgages on other Hotels, etc.. in Canterbury and Otago ; valuable Water-right, and the Goodwill and Trade Name of the Firm. The firm of " Keast and M'Carthy " has been established for upwards of 12 years, and their success has been such as 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 of Mr. M'Carthy, the books were placed in the hands of two auditors, with instructions to ascertain the absolute minimum value of the Estate, owing to legal necessity to dispote of it, they certified that, after having had special reduced valuations ma<le of the r,pal and leasehold properties, and making all allowances for open accounts and bill< on hand or under discount, a liberal discount off the stock on hand, and a lartre 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 the tame period, ar> carefully prepared by Mr. Eskdale, the manager, in ▼lew of an imjiending change iv the firm, represented a surplus of