Page 20 Advertisements Column 1

New Zealand Tablet, Volume IX, Issue 462, 17 February 1882, Page 20

PROSPECTUS OF KEAST AND M'CARTHY'S (LIMITED) DUNEDIN BREWERY, 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 41 each. Ibe 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 np 9s. per Share, payable as follows :—: — Is. per Share on application 2b. per Share on allotment 2s. four months after allotment 28. eight months after allotment 2s. twelve monthß after allotment. No further call for five years, when, if necessary, Sb. per Share may be called up. Provisional Directorb (with power to add) : Mr. WM. GREGG (Messrs. Wm. Gregg and Co.) Mr. GEO. DENNISTON (Dennisten and Co.) Mr. W. G. NEILL (Neill Bros.) Mr. WM. WATSON (Martin and Watson) Mr. GEO. ESTHER (Esther and Low) Mr. T. B. 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 Victualler* 1 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, Orange Hotel Mr. JAMES DALY, White Horse Mr. FRANCIB M'GRATH, Harp of Erin Hotel Mr. HENRY SCOTT, Bcott's Hotel Mr. JAMES LISTON, Robert Burn* Hotel Mr. JOHN HARDIB, 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 MOREANE, Royal Hotel, Port Chalmers Mr. ROBERT NEILL (Keast and McCarthy) Mr. JOHN BOYD (Keast and McCarthy). Bankers : BANK OF AUSTRALASIA. Solicitors : MACASSEY, MACDKRMOTT, AND KETTLE. Managikg Director : MR. JOHN BOYD. Brokers : MR. W. L. SIMPSON, of Trust and Executors Company (late Resident 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 j M'Carthy," Dunedin. The property consists of the Brewery Premises (freehold), comprising upwards of three-quarters of an acre, situate across the head of Hanover street, and near the junction of London and Filleul streets, with long frontages to the two latter, on which are erected Brewery, Malthoune, 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' Cart by " 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 wm very small, and, when a few months ago, after the decease of Mr. M'Carthy, the books were placed in the bands of two auditors, with instructions to ascertain the absolute minimum value of the Estate, owimg to legal necessity to dispose of it, they certified that, after having had special reduced valuations made of the real and leasehold properties, and making all allowances for open accounts and biiU on hand or under discount, a liberal discount off the stock on band, and a large provision for contingencies, the surplus available for division — after j discharging all liabilities— was £20,128. That this was a very safe minimum figure is patent from the fact that tie balance-sheet at the same period, as carefully prepared by Mr. Eskdale, the manager, in ; riew of aa impending change in the firm, represented a surplus of j assets over liabilities (after Mtting aside absolutely ail knows