Late Advertisements. CARPENTERS. —Tenders Wanted, .at Government Offices, Dunedin, by noon of Tuesday, 7th July. 1874, for the erection of a number of Immigrants Cottages in Oamaru district. Particulars may be obtained at the Provincial Engineer’s Offices, Dunedin. The Government not bound to accept any tender. J D. REID, Secretary of Works. WANTED, Tenders for the erection of a Four-roomed Cottage (labor enly). Apply Findlay and Co., Stuart street. TO PHOTOGRAPHERS—Wanted, bya Gentleman of some years’ experience, a Situation as Assistant, either as Operator or to attend to Prints. Address “J. D ” Star Office. ’’ THURSDAY, 25th JUNE, At 12 o’clock. At Provincial Yards, LIGHT HARNESS HORSES. RIGHT, STEPHENSON, AND CO. have received instructions to sell b\ auction, at Provincial Yards, on Thursday June 25th, at 12 o’clock, 1 20 Light Harness Horses, from four tc six years ©ld. The above horses which have been in constant work, and are in excelent working conditioß, can be seen at the Noah’s Ark Stables till day of sale. w Land. ANTED to Lease, or Purchase, with t °* without buildings, Section of Alpha, North Dunedin Post-office. TE NDE R S for G asfittings. —Tenders will be received by the undersigned up till Saturday, the 27th inst., at noon, for the necessary gas fitting* for the Temperance Hall, Moray place. Specifications at mv office, Princes street. JAS. B. M'CULLOOH, Secretary. dunedin waterworks company. NOTICE is hereby given that an Extraordinary Meeting of THE DUNEDIN WATERWORKS COMPANY Will be hoi den in
THE ATHENiEDM HALL, OCTAGON, ON FRIDAY, the 26th DAY of JUNE, 1874, At fftur o’clock in, the Afternoon, For the purpose of ratifying an Agreement which has been conditionally made by the Directors for the Sa,le of the Company’s Property and Undertaking to the City Corporation, and of passing such Resolutions as may be deemed necessary to enable the Directors to carry out and completely execute the said Agreement for Sale. And notice is hereby further given that at such Meeting the following Resolutions will be moved ; "1 hat the said Conditional Agreement be confirmed and validated, and a sale of the Company s property upon the terms contained ■n such Agreement be sanctioned, and that the Directors be fully authorised and empowered to carry into effect the said Agreement. “ And without prejudice to, or in any way controlling the effebt of the proceeding Resolution, the following Resolutions will also be moved : 2. “'lhe City Corporation shall pay for r,® Property of the Cpmpany the sum of Cl 7 10s for each fully paid-up share issued under the Company’s Act of 1864* Ll6 each for all shares fully paid-up issued under the Company’s Amendment Act of JB7l • and a premium of Ll IQs per share on all , shares allotted nnder the last-mentioned Act, and only partially paid-up, id addition ito the amount of paid-up calls. The pur-chase-money payable by. the Corporation shall be paid in cash, or in Corporation Bonds or Debentures, payable in fifty years, and bearing interest at six per cent, per annum, payable half-yearly— the payment m cash er Debentures being in the option of ■ each individual shareholder.” 3. “ The Company shall retain its right to receive and enforce payment of all rates ‘due and payable at the time of the completion of the purchase by the Corporation la all other respects the Corporation is to take over the Company’s capital, lands, pJant apcl property, apd pasymQ all the Company’s liabilities.” 4. “ The Corporation is, if requested at any time after the Memorandum of Agreement hereinafter mentioned has been executed, and the necessary borrowing powers have been obtained by the Corporation, to advance, under such restrictions and conditions as may be necessary for its protection, the amount payable to any shareholder in respect of the shares held by him in the Company s stock, so as to enable such shareholder to procure another investment for his money even although delivery of possession to the Corporation of the property agreed to be sold should not be completed until the Ist January, 1875.'* 5. ‘‘'No objection is to be taken on the part of the Company upon the ground that the Corporation has nrt at present power to borrow more than LIOO.OOO for the purposes of Water Supply, or to enter into the said Agreement, provided that the necessary statutory powers are obtained at the ensuing session of the General Assembly.” ' event of any unforseen difficulty or dispute arising between the Company and the Corporation, the same shall notfunless it be of the very essence of the bargain. 1 aD ,. j Agreement for sale, but shall be referred to arbitration in such manner as the Directors of the Company and Corporation shall mutually approve of.” 1 7. “ A formal Memo, of Agreement shall be entered into between the Corporation and Directors, within three calendar months from the 30th day of May last, embodying the terms of the Agreement already conditionally made by the Directors of the Company and the Corporation and these Resolutions; and such Memo, of Agreement shall provide that the terms of the Agreement proposed in 1872 by the Com pany to the Corporation shall be re-adopted and carried out so far as they are not altered by the terms of the conditional arrangement recently entered into, or the changes which have taken place in the Company’s affairs. The sale shall be completed and the pur-chase-money paid or the debentures delivered on or before the Ist January, 1875. lime shall be of the very essence of the contract.’’ * 8 A “I or the P ur P oae ®f enabling the sale to the Corporation to be effected, the Shareholders confirm and ratify the engagements entered into by the Company or the Directors thereof with Lieut.-Colonel Kitchener.” Dated June 9, 1874. ROBERT GILLIES, Chairman, GEO. W. ELLIOTT ) ' JAMES SMITH, C directors. (Signed) THOMAS DICK,
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https://paperspast.natlib.govt.nz/newspapers/ESD18740624.2.17.2
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Evening Star, Issue 3537, 24 June 1874, Page 3
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972Page 3 Advertisements Column 2 Evening Star, Issue 3537, 24 June 1874, Page 3
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