Page 3 Advertisements Column 3

Evening Star, Issue 3592, 27 August 1874, Page 3

PROSPECTUS* PROSPECTUS OF THE SOUTHERN HOTEL COMPANY. LIMITED. Oaptal—£4o, Of 0, in 40,000 Shares of £1 each, Of which it is proposed to call up 10s per Share as follows : Two Shillings and sixpence ou application; r£ wo ‘-'hijhpS ß atJ d Sixpence on allotment; J. wo Shillings aud Sixpence six mouths after allotment; and Two Shillings and Sixpence nine months after allotment. Provisional Directors. E. B. Cargill, Esq. D. F. Main, Esq. r J homas M. U ilkinson, Esq. William Kennedy, sq. Basil Sievwright. Lsq. G. W, Eliott, Ksq. H. North, Esq. T. S. Crab am, Esq. William Park, Eaq. Carl ."tcinhoff, Esq. J. F. Jones, Esq. J. C. Matheson, Esq, Solicitors : Messrs Sievwright and Stout. Bankers: The Colonial Bank of New Zealand. Interim Secretary : Mr Richard H. Leary. It will readily he conceded that one of the greatest wants in the principal cities of New Zealand is first-class hotel accommodation to provide which wi 1 involve a large expenditure, beyond the limits of individual capital. -This Company is formed for the purpose of erecting in Dunedin a first-class Hotel, similar in character to those existing in the large cities of Europe and Ameri'a-oue which will not only supply existing requirements but will offer special attractions and inducements to tourists and travellers to visit this part of New Zealand. It is proposed that the building to he erected shall contain 200 Bedrooms, spacious Dining and Drawing Kooms, Library, Private Rooms for families, and all the neces ary adjuncts of a realy first-class Hotel of the kind indicated. An unexceptionable freehold site has a.rcady been secured at moderate cost. It is estimated that the cost of freehold land and buddings will not exceed L 29.000 and the furniture and fittings LG,OOO, thus «? tiaetotal ou tlay required about l-So.OOO To meet this cost, a paid-up capital of L2U.000 will be sufficient, as the balance can readily be borrowed at a moderate rate of interest on the security of the Land and Buildings. Tile profits realised by the leading hotels in London, Paris, Berlin, St. Petersburg, and America, average 22 per cent, upon the amount of invested capital. From reliable information obtaine d from competent persons the promoters of the Southern Hotel Com’ pany (Limited) are fully persuaded that, under c ireful management, the profi s from this enterprise will provide a very handsome return for the capital subscribed. Exclusive of re.venue derived from the hotel business proper, it is estimated that a considerable income will be received in the way of rent for the principal portion of the ground floor, which would be readily let for kdiops, &c,, and would not be required for hotel purposes. The promoters feel that it is almost superfluous to impress upon the citizens of Dunearn the great advantages which would accrue to their city from the successful development of such an enterprise as the one projected. The increase in the number of visitors to Dunedin would inevitably be accompanied by an increase in the vitality of every department of commerce and trade, and would thereby materially augment the prosperity of all.Jasaes of the community PUBLIC NOTICES. NOTICE. Messes guthrie and larnach beg to sincerely thank the Cap- ain and Members of the Dunedin Fire Brigade for the laborious and valuable services rendered at the unfortunate conflagration at. their \vorks in Princes street on Saturday morning last; and for such services they have pleasure in holding at the disposal, on application of the Captain, the sum of L ICO for the benefit of the Brigade. Me-srs Guthrie aud Larnach have further to intimate that, notwithstanding the great loss and inconvenience their business must suffer through tho recent misfortune, from the kind ci-naidetation offered them by the City C uucil and the public generally, they have already made such arrangements for the carrying on i f their manufacturing business as will suffice to meet the immediate wants of their customers until their works are rebuilt, which, without delay, will be reconstructed on a very large and perfect scale upon their present site, it will therefore be the aim of the firm not to trespass too long upon the patience of its supporters. THE COLONIAL BANK OF NEW ZEALAND. NOTICE is hereby given that, pursuant to the Deed of i'ettlement of the Colonial Bank of g. ew Zealand, a Special General Meeting of the Proprietors of the aa;d Bank will be held at the Masonic Hall, Moray place, Dunedin, in the P-ovince of Otago, on Wednesday, the thirtieth day of . Seutember, one thousand eight hundred and seventy-four, at two o’clock, p.m., for the purpose of Electing seven Directors and two Auditors, to be the first Directors aud Auditors of the said Bank. And that every Proprietor who is possessed of three hundred shares at the least in the capital of the said Bank, and shall become a candidate fer the office of Director, must give notice thereof to the Board of Directors m writing, to be left at the offices of the said Bank, in High street, Dunedin aforesaid, thirty days at least before the day of Election. And that every person appointed to act as proxy must be a Proprietor of the said Bank; and every proxy must be iu writing, under the hand of the Proprietor of the t hares in respect of which such proxy shall be given, and delivered to the Secretary of the Bank at least twenty-four hours before the time appointed for the said meeting. Copies of the said Deed of Settlement, and P/ ox orms ’ toh had on application at the office of the said Bank, in High street Dunedin aforesaid. b By order of the Provibional Directors. WM. YOUNG, Interim Secretary. Dunedin, August 15, 1874. WANTED LADIES TO KNOW. JUST- OPENED, Spendid Tortoiseshell Back Cfombs, and the new Maria Rolls. P. BEISSEL, Hairdresser, Princes street. ; For the growth of hair use 1 BEISSEL’S CATHARADITE FLUID.