Page 5 Advertisements Column 4

Dominion, Volume 6, Issue 1833, 20 August 1913, Page 5

: ' ' IreehL M MRrrJ'"'" \ In iqual opportunity for small or large Investors. The following particulars present an opportunity for even small investors to partiiipate in the profit accruing from the rapid rise which is taking place on Freehold Fa-m Lands in the Waiotapu and Taupo districts. In this district land values have risjn rapidly in the last two years, as its agricultural productiveness has been proven, and from now on the rise should be even more rapid with the opening of the projected railway to Taupo, and the closer settlement which is already setting in. Free« , hold land which is well watered and ploughable at 255. per acre is the basis of this Investment, so that it is a remarkably safe one, while the probab'e profits from subdivision and re-sale of the land, should show shareholders a handsome return on the amount invested. Any number of shares desired in this undertaking (no matter how small), can be secured, provided instructions are received while shares are v.il available. • , ; Particulars of the Waiotapu Estates Development Company, Ltd< Directors: .W. C. MACKLOW, retired Timber Merchant, Auckland. . JOHN HENRY STRINGER, of Messrs. Stringer and Bridge, Public Auditors* and Accountants, ChristW. J. MACKLOW, retired Timber Merchant, Auckland. ' ' church. KARL JOOSTEN, of Karl Joosten and Co., Wholesale D. TEED, Chemist, Newmarket, Auckland. . ' Christchurch. Capital: £20,000 divided into 20,000 shares of £1 each. Amount paid on application, 2s. per share. Not more than lflv per share in calls is-payable per month, ii Freehold Land acguiied by the Company, 13,150 acres. Price paid, 255. per acre. ESTIMATED PROFIT BY SUBDIVISION AND RE-SALE, £20,000 to £2G,00p. (As shown below.); Equal opportunity for small or largo investors to participate in profits. Wellington Broker for the Waiotapu Land Syndicate, Ltd.: A. T. BATE, Sharebroker, Nathan's Buildings, corner Crey and Featherston Streets. < 110 cash secures 100 fl-Shans if wlrfiiow. As a result of the general awakening which has come in regard to the productiveness of pumice lands generally, and on account of tho rapid settlement arid development work which has been now steadily 1 \, s 'fir' going on for the last few years ill and around Waiotapu, and the viciifity * n , j where the_ land acquired by the above Company is situated, this land f '»(A is rising in value very rapidly. ' 1 ■ _ In connection with pumice lands, the Special Commissioner of "Tho >"M r *v; * I ' New Zealand Herald," writing in the issue of January 19th, says:— , J "The pumice country of the North Island is no longer a vague term, 1 1 t t! fulfil or a terra incognita to New Zealanders. Even the general public, so «, h, slow to recognise the trend of events, so unwilling to realise what really It H'®j affects their welfare, are beginning to have a dim idea that somehow or .*• $ a Trarea 6 P*vll other new things and big things may bo expectcd from this region." In the issue of January 17th, 1913:— , |If vTlh "'H "I have seen farms on pumice 1 land at Lichfield, Putaruru, Puke- ' turoa, Rotorua, and other places, wliich already carry stock and yield s produce equal -to £20-an-acre-land elsewhere, and I know that these H if liSfef" J- \Zi farms can have their productive powers very largely increased under J&Miw* I W' i more intensive cultivation." * . {3/ r On February 15th, 1913, in "The New Zealand Herald," he says:— "I know a shrewd Southern farmer, who is' now working a puinico land farm, who assures mo that he can make his turnip crops pay all $32*Kflilt®> the cost of putting puinico country into permanent pasture." v i Giving evidence before tho Taupo Totara Timber Company's Com- ri V, , mitteo in 1911, Mr. J3. C. Astoji, Government Agricultural Chemist, stated:—"Tile pumice soil readily allows the heavy rainfalls to rapidly * "44t$W//S'itFlSl''' drain away, and, owing to the excellent capillarity of the soil when coni- Mv WpM® I' piloted, permits the soil-water to ascend from below where this is pos-. », Ff*f *" sible. Owing to the absence of clay-particles tho soil can be worked at ' t y fM ' 1 any time, wet«or dry, without danger of puddling. k ) 'J \s£ ! " "The dominant plant-food required for legumes, is potash, and this •' .AXn /^$ 1 flff f fvJ V l , i is present in abundance in the pumice." ' The Company, in securing the large area of 13,150 acres at the low , iwWb price of 2os. per acre freehold, lias an exceptional opportunity of turning' j5 J®». it over at a substantial profit by improving a small portion, tljus demon- j M ll "• strating in a practical manlier tho wonderful turnips, clover, etc., this ' * ' lond will grow, then subdividing the whole.=and re-selling in smaller ' The property is one of. tho most desirable in the district, it is beau- > tifully watered, being interlaced with streams flowing into the Waikato \ ' t River, which forms one boundary of the property for several miles. Tho Vj* block is oxcfiptionally well-suited for subdivision. An important feature of the property, in addition to its being so well watered, is the fact that , j. 1 tho bulk of the area is practically flat. With tho exception of a com- 4 V' 1 ? parativcly few acres, the whole area is easily ploughable. For the ccono- ( Mlml I w mical working of this class of country, this is a most important feature, <. t > ' • i * which is bound to materially affect its subsequent value and make for its ! 1 I «' " * rapid sale when subdivided. ( 1 | V ' f It is estimated that tho profit to bo made by the Company oil tho ( i "" \ 13,150 acres of freehold land, acquired at 255. per acre, by improving 'j >■* portion and subdividing the property, .will be from £20,000 to £26,000. * 1 1 i s ~ " This estimate would show at least £100 profit for every ICO shares se- ! ' cured, and is based on tho following figures:— To cost 13,150 acres at 255. per aero ' ... £16,437 10 0 ! { Buildings ... 600 .0 0 1 ..'./'WITV> . ..' . Cultivating 250 acres at £3 per aero .... 750 0 0 Incidental expenses, commissions, surveys, etc. ... 1,500 0 0 ■ I "LOTUS 3IAJOR," 3ft, LONG. ' Total ... ' £19 287 10 0 This is a splendid feed for stock'. The above !—: was grown on the block now acquired by tho By re-sale of laud, 13,150 acres at £3 per acre (consid- .Waiotapu Estates Development Co., Ltd., 'sur- ■ ered a safe estimate) £39,430 0 0 tnce Eo ' v " Without cultivation or manure,, oa n . j , ~ ~ ■. . - - , ~, , , swanlpy land near tho centre of property. By deducting the original cost of the land and improvements, £19,287 10s., from tho • ■ ' proceeds of tho sale of the land at an ostimated price of £3 per acre, £39,450, it will bo seoii that the profit on the transaction ' works out at £20,162 10s.,'wliilo if £3 10s. , per acre were secured for tho land when ■ subdivided into smaller farms, the profit accruing to tho Company would amount .to - js? „ v,Cv.; - %*?'■. , an additional £6,575, bringing tho total t , t '> J,," N ■ ' profit up. to £26,737 10s. In view of tho j ' probable extension of tho railway to Taupo, , tho development work being done on ad- " joining iiroperties, and the advantage of being able to offer smaller areas to j the improveinent and' subdivision as early as possible, with tlie idea of reselling. The Company has a capablo Board of business men as Directors, and an experienced , nTlr „™ T _ „ • „ . .. farmer and contractor, who has farmed land , -J SPLENDID CHOI OF TURNIPS. in tho district for some years, is willing to ~ , ® above photograph shows'turnips grown on land adjoining the supervise tho practical work on tho pro- block secured by tho Waiotapu Estates Development Co., Ltd. Turnipa pertv.- Altogether the proposition is an if? 1 ?} x lls coun try have already carried off prizes iu Auckland, exceptional one, first and foremost on ac- • " and Palmerston >iorta Shows. ; count of its safety as a solid investment, the security being freehold property secured .in,..,,,. at a price much belov/ its real value viewed i from tho practical standpoint of itspprodu- t v ' tive ability when cultivated, aud secondly, * on account of the substantial profits which , seem bound to result when tho property is > .{f A subdivided. ; • , gw j Tho Syndicate is only offering at present a' 1 10,000 shares to tlio public, and investors who desire to secure an interest in the under- 1 °A taking aro advised to' send for further par- k i„ivt pi \ ticulars without delay. Two shillings per ,<u> i ) share is all that is paid up, and tho balance js, ss.\ x > V >' rtJ { cannot bo called up at a greater rate than j * 1 \3{ tit v{' V 1 | Is. per share at intervals of not less than ono i'< v,i Si 1 , u iA 't ii'A f month. Thus to secure, say, 100 shares in f 1 t'? >''f tiVvX 4 { '-t -t,'*' U l ., 1 1 i', M the undertaking, only £10 cash is required, t/4 * % !i * V] 1 * i f '\t \ and at the outsido not more than £5 a month r. * k < \ v « ' can bo called up on 100. To secure 500 th J. At$ > t , i*, ,< \ t •ts''** h* 1 * shares the cash payment is £50, and to WiT "s(} t i< i \ *' ' 1 £ 1* \>| *< secure 1,000 shares tho cash payment is £100. \S '/• >i l" iv. ' Orders to secure shares will bo executed IaI"i C v ''j j? in tho order received, so that first appli- ft ' UV '{} cants will receive in the_ matter. £lj^uw.tJ'SSL^2££L 'i U Lw j. An enquiry form is atta?hed, which should ' " —m. —.— bo filled ill in full and forwarded to A. T. . u. Bate, Broker, when fuller particulars and 1 T ,_ _ - order form for shares will bo posted by roturn , ■ A CLOx ER PADDOCK. - mail. A perusal of the accompanying photographs ~ The above photo, (taken on an adjacent property this season)' gives will give an idsa of what this class of tho country an idea of how clover grows in this district. As will bo seen, it is in the district is alroady growing. kneo deep Cut out here—fill up and post now ..to scsure further particulars by return of mail. A. T. BATE, Sharebroker, Nathan's Buildings, cr. Grey and Featherston Sts., Wellington. Deal" Sir, — • I am interested in tlie particulars published in to-day's Dominion in connection with shares in the Waiotapu Estates Development Co., and will be glad to receive fuller particulars with locality map and form of order for shares. It is distinctly understood that, this' enquiry places me under no obligation whatever to order shares unless I am completely.satisfied upon investigation,; Name v.. Full address • ' • ••• '.. Published by the Walotatm Land Syndicate, Limited,