Page 3 Advertisements Column 4

Evening Star, Issue 3632, 13 October 1874, Page 3

SHIPPING. HA RBO UK STEAM COMPANY AGENTS j^E AUTIFUL STAR, s.s., for OAMARU On Thursday, the 15th October. Cargo till 4 p.m. Passengers by 6.30 p.m. train. ■gRUCE, s.s., for TIMARU, AKAROA, and LYTTELTON, On Thursday, 15th October. Cargo till 4 p. m. Wednesday. Passengers by 4 45 p.m. train. Offices ; Harbour Chambers. SOUTHLAND STEAMERS SAIL AS UNDER : WA LLA 81, s.s., for BLUFF and RIVERTON, ON MONDAY NEXT. Passengers from Rattray street Jetty at 10 a.m. Cargo for Invercargill and Inland Districts forwarded by rail from Bluff at Consignees’ risk. H. HOUGHTON * CO., Bond street. PALMER DIGGINGS, QUEENSLAND. 0 E ■well-known Clipper Barque C 0 M E' T, 800 Tons, Will be dispatched from Port Chalmers, for the PaLMER RIVER Direct, about the 15 th Inst. For passage-, apply to R. B. MARTIN & CO., Agents. PROSPECTUS. PROSPECTUS OF THE UNEDIN, 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 mouths. (Power will also be taken, under the Articles of Association, to borrow on the security of the Works a portion of the necessary funds, should the shareholders consider it better to do so than call up capital.) Provisional Committee : Mr Wm. Bacon, Peninsula Professor Black, Anderson’s Bay Mr E. B. Cargill, Dunedin Mr James Christie, Peninsula Mr N. Coneys, Peninsula Mr G. W. Eliott, Dunedin Mr Kanieri Ellison, Peninsula Hon Captain Fraser, M.L.C., Dunedin Mr W. J. M, Larnach, Peninsula Professor M‘Gregor, Anderson’s Bay Mr James M‘lndoe, Forbury Mr D. Proudfoot, Dunedin ’ Mr Thomas Reynolds, Peninsula Mr George Robertson, Peninsula Mr William Robertson, Peninsula Mr Robert Rainbird, Peninsula ' Mr R. M. Robertson, Anderson’s Bay Mr James Smith, Anderson’s Bay Mr James Seaton, Peninsula , Hori Kerei Taiaroa, M.H.R., Peninsula Mr Greorge 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 Fortobello, with the view of continuing it to the Heads. So soon as possible, it is proposed to commence near the crossing of the Clutha Railway at the Anderson’s Bay Road, makin" 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 m the City. The promoters are satisfied that such a railway will not u be directly profitable as an investment, but chat 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 the Gale donian 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 Road, beyond the Bay View Hotel, and proceed to Anderson’s Bay, and thence down the East side of the Harbqr to Fortobello, This line will secure a considerable goods traffic in Lime, limber, Coni, Bricks, and Farm and Garden Proiluce \ 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 Fortobello, and a deep water wharf at the Heads, when the line is finished that length. The Provincial Government, fully recognising the public importance of the proposed undertaking, has promised to give all public lands required for the construction of the line, including sufficient land for a Dunedin Terminus in a central situation ; 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 ail private lands required for the line will be freely given by their respective owners. Mr D. Proudfoot has already offered to give, without compensation, a strip of laud through the whole breadth of his valuable property near the Ocean Beach. 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 Beach 2.1 miles ... £7,( From near Mr Tolmie’s house to Fortobello, via Anderson’s Bay 9A . 30 f From Fortobello to the ’ Head s 5$ „ ... 18,( £55,000 Applications for Shares may be made to the undersigned. J. B. BRADSHAW, Interim Secretary. Temple Chambers, Princes street, Dunedin.