Page 3 Advertisements Column 3

Daily Telegraph (Napier), Issue 3133, 13 July 1881, Page 3

Sales by Kennedy and Gillman THURSDAY, 14th JULY, at 11 a.m. KENNEDY AND* GILLMAN Are instructed by F. W. C. Sturm, of the West Clive Nursery, to sell by Auction, at thsir Store, a Choice Assortment of FOREST, ORNAMENTAL, AND FRUIT TREES, AND FLOWERING SHRUBS and POT PLANTS. &c, &c, Catalogues may be soen at the Offices ol KENNKDY & TILLMAN, Auctioneers. SALE OF JAPANESE FRUIT^EEES. ON ACCOUNT OF TEE HAWKE'S BAY ACCLIMATISATION SOCIETY. The Missing Case having now arrivod, tbe undersigned will sell by auction, at their stores Napier, ON THURSDAY, JULY 21, At 11 a.m, y\ (~\ C~\ PERSIMONS (DTO3PYROS KAKI) ''tUU asunder:— 100 Die Die Mara 100 Zingi 100 Minozura 100 Hgakume WITHOUT RESERVE. KENNEDY & GILLMAN. Auctioneers. FRIDAY, 22nt5 JULY7IBBI At 1_ noon. KENNEDY & G-ILLMAN Are instructed to sell by Auction, at their rooms, i'ennysou.Btreet— TWO CASES OF TWEEDS, to arrive per St.. Arawata from Dunedin, containing about v C\r\ PIECES, consisting of ENGLISH, L \)\J SCOTCH, and COLONIAL TWEEDS. Further particulars ot arrival of Invoice. Sales h? Banner and LiddlsTOHOTELKEEPERS andINYESTORS. FOE, SALE, A BARGAIN. BANNER & LIDDLE Have been favored with instructions from the present proprietor, who is leaving the province on account of bad health, to dispose of his valuable freehold, at Poit Ahuriri, known aa rriHE "RAILWAY HOTEL," X together vith the FURNITURE and STOCK--1 IN-TRADE. The Hotel is well situated in a (rood business position, and replete with every convenience for carrying on the business to advantage. For terms, which are easy, apply to BANNER & LIDDLE, Term j son-street, Napier. A BEIDGED "PROSPECTUS OF THE EAST COAST NATIVE LAND AVD SETTLEMENT COMPANY, (Limited.) Capital£soo,ooo, in 100,000 shares of £5 each; whereof £70,000 will be allotted to the Aboriginal Native contributors of land, called " Original Shares," and 30,000 to European subscribers of Capital, and called " Capitalist Shares." First issue of Capitalist Shares 20,000, payable as follows :—ss on application, 6s on allotment; subsequent calls, if they are required, not to exceed 5s each, nor to be made at intervals of less than three months. PRDVrSrONAL DIRKCrORS '. Hon. H. R. Russel, M L.C., Hawke's Bay Hon. W. H.Reynolds, M.L.C., Dunedin John Bar-'raclough, Esq, Oamaru Horace Bastings, Esq, M.H.R., Dunedin F. H. D. Bell, E-q, Wellington J. Buchanan, Esq, J.P„ Napier W. Buchanan. Esq, Auckland Joseph Bennett, Esq, Auckland William Coleman, Esq, Auckland J. M Dargaville, Esq. Auckland G. Fenwick, Esq, Dunedin C A. DeLautour, Esq, M.H.R., Gisborne Allan M'DoDald, Esq. M.H.R., Gisborne D. H Mackenzie. Esq, Auckland F. J, Moss, Esq. M.H.R., Auckland Wiremu Pere, Native Chief, Gisborne Henare Potae, Native Chief. Tokomaru Bay J. B. Poynter. Esq, J P., Gisborne C. A Pritchard, Esq, Christchurch D. Proudfoot, Esq, Dunedin Montaau Pym, Esq, Dunedin Gr. M. Reed, Esq, Gisborne R. C. Reid, Esq, M.H.E., Hokitika W. L. Rees, Esq, Gisborne R. H. J Reeves, Esq, M.H.R., Nelson H C. Robjohns, Esq, Napier Major Ropata, Native Chief, Tokomaru Bay J. M: Shera, Esq, Auckland R Stout. Esq, Dunedin W. H. Tucker, Esq, J. P., Gisborne J. S M. Thompson, Esq, Wellington R. Wilson, Esq, Dunedin Solicitors : Wellington- Messrs Sievwright and Stout Gisborne—W. L. Rees Bankers: Tho Colonial Bank of New Zealand Brokbrs and Agents •■ Auckland—Alexander Saunders Dunedii— J. B. Bradshaw "■•■■.' Booth . B. Craig better and Cooper filler s. Sbcrrtary : R., Wellington i epitome of the objects of the ;in the Prospectus, which may 3 Brokers and at the various inial Bank :— Company is the Voluntary w'ners of Native Lands with , for the purpose of promoting ids on the East Coast of the Zealand >be attained by the Native blocks of land at original or •?ceivirg paid-up shares in the ne ; the European Shareholders to be called up in fixed and wy be found requisite for conis of the Company, the cash capital raised shall be ing expenses of management, Meeting surveys and subdivision vnship lots, opening means of ■;he sale and leasing of lands, nation of Special Settlement md and elsewhere, making en security, and generally in and property vested in the : . advantage. "presei tregistered under "The ipa Act," with a nominal capital j promoters, who, finding it i their operations, transfer their xtended proprietary, retaining st and 1000 paid-up Original nywing abandoned the purchase Native owners in the Poverty districts belntr strongly desirous Is for settlement, in a manner ,ci themselves and such Furo- . sirous of becoming associated nciples proposed in the Proslakiner provision for their own ;1 into contracts for pas~'ng over ble land to the Company, at c of former Government pur•res in payment for the same. hat tbe Company will be able Is to great advantage, as under .n its guarantee, title will be lile all lands purchased will be tho " Land Transfer Act," and || win Uv * .i; irom time to time for cash, or on long 1 deferred payments, and generally in accordance with the legulntior.s guiding the disposal of the -«aste lands of the Crown. Tbe Capitalist ShareH will bo preferential, having acured to them a minimum of eight per cent per nnum as a first charge on the profit*, with a further iivision of profits in proportion to the capital nvested. Five Directors will he elected by the Capitalist Shareholders, and four by the Original Shareholders, : thr qualification of a Director being the possession of not less than fifty shares. The Capitalist Shareholders will, under regulations, be entitled to purchase lands of the Company for their own bona fide occupation, surrendering their shares in payment, which shall be accepted as value for ten percent over the amounts paid up. The Native Shareholders will also be entitled, under regulation, to select reserves for their own occupation , surrendering their shares in payment. Ten thousand shares will be set apart for sale in Britain to intending bona ./We settlers, and an officer of the Company will bo located in England, to send out Special Settlement Parties for the Company's lands- . To prevent the improper diversion of the Natives interest, original shares given in the purchase of lands will not be transferable without the consent of a Native Committee, and the approval of the Directors On these principles it is believed that the formation of the East Coast Native Laud and Settlement Company will provide for the natives the readiest and most beneficial method of placing their Lands for s*le and settlement, while the great and growing demand in Great Britain among intending emigrants for Land in the Colonies, and the ever unsatisfied demand for land among the would-be settlers in the Colony itself, the well-known fertility of the Poverty Bay and East Coast lands, their tuitabloness for extensive settlement, and the greatly enhanced value which must bo inevitably given to lands there -situated by the promotion of settlement in this wholly undeveloped district, combine to present to capitalists invest ing a proßpect of remuneration, and an extension of sphere for tho operation of capital, probably unequalled by any other proposal yet submitted in the colony. The M Dmorandum of Association may be seen in the hands of the Solicitors and Brokers of the Company, and detailed prospectuses and forms of application for sharps may be had from the Brokers and at the various offices 6f the Colonial Bank of New Zea> land. The list of applications for shares will be positively closed at Wellington on Saturday, the 30th July.