PECTUS. PROSPECTUS o? THE Dunedin, peninsula, & ocean BEACH RAILWAY COMPANY (LIMITED), CAPITAL £60,000, With power to increase, In 12,000 shares of £5 each. 5s payable on application, 5s on allotment, and such portion of the balance as may be required by calls of 10s as the works proceed, but not at shorter intervals than three months. (Power will also be taken, under the Articles “®®°® la, tion, to borrow on the security of i? 6 iji R portion of the necessary funds, should the shareholders consider it better to do so than call up capital) Provisional Commtfteb : Mr Wm. Bacon, Peninsula Professor Black, Anderson’s Bay Mr E. B. Cargill, Dunedin Mr James Christie, Peninsula Mr G. W. Eliott, Dunedin Mr Kanieri Ellison, Peninsula Hon. Captain Fraser, M.L.C., Dunedin Mr Wm. Hooper, Peninsula Hon. Matthew Holmes, M.L.C., Anderson’s Bay Mr W. J. M. Larnach, Peninsula Professor M’Gregor, Anderson’s Bay Mr James MTndoe, Forbury Mr D. Proudfoot, Dunedin Mr Thomas Reynolds, Peninsula Mr George Robertson, Peninsula Mr Robert Rainbird, Peninsula Mr R, M. Robertson, Anderson’s Bay Mr James Smith, Anderson’s Bay Mr James Seaton, Peninsula Mr W. A. Tolmie, M.H.R., Anderson’s Bay Hon Kerei Taiaroa, M. H. R., Peninsula Mr George Wilson, Dunedin. Bankers: Bank of New Zealand. Solicitors ; Smith and Anderson. It is proposed to construct a Railway from Dunedin to the Ocean Beach at the Forbury on the one side, and on the other down by Anderson’s Bay and the east side of the Harbor, as far as Portobello, witft.the view of continuing it to the Heads. So soon as possible, it is proposed I to commence near the crossing of the Clutha Railway at the Anderson’s Bay Road, making use of the Clutha Line from Dunedin to that point, until the Company thinks it desirable to construct a separate line from its own terminus in the City. The promoters are satisfied that such a railway will not n be directly profitable as an investment, but that it will prove an immense boon to the inhabitants of Dunedin and the settlers in the district through which it will pass. The Forbury Branch will pass tl» Gale douiaft Grounds, Gasworks, and Race Course and terminate at or near the Forbury Koad; and it is believed that the passenger traffic on this part alone will pay a good interest on the capital necessary to construct the whole line. The other Branch will leave the Anderson’s Bay Head, beyond the Bay View Hotel, and proceed to Anderson’s Bay, and thence down the East side of the Harbor to Portobello. This line will secure a considerable goods traffic in Lime Timber, Coal, Bricks, and Farmland Garden Produce; while the rapidly increasing popularity of the sunny slopes of the Peninsula for summer residences and pleasure excursions, will draw a large passenger traffic. Both kinds of traffic will be very much increased by what will no doubt follow the construction of the railway, viz.-steamer from Port Chalmers to Portobello, and a deep water wharf at the Heads, when the line is finished that length. The Provincial Government, fully recognising th« public importance of the proposed undertaking. has promised to give all public lands required for the construction of the fine, Colliding sufficient land for a Dunedin Terminus in a central situation j and the Government has also undertaken, if necessary, to work the line with its rolling stock on fair and'reasonable terms. The Promoters have every reason to believe that all private lands required for the lino will be freely given by their respective owners. Mr D. Proudfoot has already offered to give, without compensation, a strip of land through the whole breadth of his valuable property near The following may be taken as a rough estimate of the approximate cost of the different sections, exclusive of rolling stock From Dunedin to Ocean „ Beac h 21 miles From near Mr Tolmie’s house to Portobello, via Anderson’s Bay 9i From Portobello to the ” Heads 5* „ JBT. 30. . M. £BS Applications for Shares may he made to undersigned. J. B. BRADSHAW, Temple Chambers, Princes street,^uned PUBLIC NOTICES. NOTICE. Messrs guthrie & larnach beg to intimate that notwithstanding the loss and inconvenience occasioned to their business by the late fire, from the rapid progress being made in the erection of their extensive temporary factories in Bend street, which are expected to be in full work next week, apd by arrangements already entered into with other manufacturing mills in the City, they are now in a position to execute orders as usual with every possible despatch. Dunedin, August 29, 1874
GEORGE STREET TIMBER YaRD AND STEAM SAW MILL, TURNERY, AND WASH-BOARD FACTORY. THE undersigned beg to announce to their Customers and the Public Generally, that with the increased facilities they haue now at command, oons< quent on the combination of the stock and appliances removed from their former place of business in the Octagon, with that lately acquired from J. R. Spicer and Co, they can execute all orders entrusted to them with eare and despatch. ON SALE. Baltic Deal, Oregon Shelving and Lumber Kauri, Red, White, and Black Pine Scotch and Colonial T. and G. Flooring and Lining Fire Bricks, Tiles, lime, Cement, .and Plaster Builders’ Ironmongery, Galviuised Iron, ’ Ridging, and Spouting The trade supplied with first class Turnery. A. FULTON and CO. Agents for Lambertjs Drain Pipes, Ac. JJ S. FISH & SON, PAINTERS, PLUMBERS, GLAZIERS. ATTD GENERAL HOUSE DECORATORS. it Experienced Workmen sent to all parts of the Province. Importers of White Lead, Gloss, Oils, Valors Paperhangings, Brush ware, Gold Mouldings, and all Painters’ requisites. The Trade and Country Storekeepers sup* plied at lowest prices. * PRINCES STREET SOUTH.
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https://paperspast.natlib.govt.nz/newspapers/ESD18741010.2.21.5
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Evening Star, Issue 3630, 10 October 1874, Page 4
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938Page 4 Advertisements Column 5 Evening Star, Issue 3630, 10 October 1874, Page 4
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