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PROSPECTUS, PROSPECTUS OF 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, 5b on allotment, and suoh portion of the balance aa 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 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 MTndoe, 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 K<?rei 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, 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, making use of the Clutha Line from Dunedin to that point, until the Company thinks it desirable to construct a sejiaratc 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 au immense boon to the inhabitants, of Dunedin and the settlers in the district through which it will pass. The Fqrbury Branch will pass the Cale donian Grounds, Gasworks, and Race Course and terminate •at or pear the fTorbury Road; and it is believed that (:he senger 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 wie 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 Farm and Garden Produce j 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 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 itp rolling stock on fair and reasonable terms, The Promoters have every reason to believe that all private lands required for fhe'line will be freely given by their respective owners. Mr D. Proudfoot has already offered to give, without compensation, » strip of land 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$ miles ... £7,000 From near Mr Tolmie s house, to Portobello, via Anderson?s Bay 9A From Portobello to the ‘-• Heads . Ki ... 30,000 ... 18,000 ■ £55,000 Applications for Shares may be made to the undersigned. J. B. BRADSHAW, Interim Secretary. . Xemple Chambers, Princes street, Dunedin. BfigOEkXjANEOXTS. SINGLETON’S SARSAPARILLA,Manufactured from the formula of the celebrated Dr Pereira, M.D., P.R.C.S. L.A. C., Lecturer on Ch mistry and Therapeutics at the London Hospitals,—is the best preparation of the real Jamaica root ever offered to the public. It is warranted free from mercurial or other deleterious ingredients, combines the agrjeable flavor of a cordial with the active principles of the famous Red Jamaica Sarsaparilla, and is highly recommended for its curative and restorativ properties by the most eminent medical men SINGLETON’S SARSAPARILLA May be obtained from all druggists, merchants, and storekeepers, throughout the world. HARDING’S FLEXIBLE ROOFING. • ~ No * iioe “ hereby Given, the PRICE of this Roofing is now REDUCED to ONE PENNY per SQUARE FOOT, for cash, in lieu of as hitherto. The quality has notwithstanding been greatly improved. Dressing, 2s 6d per gallon; zinc nails, 5d per lb. The First Prize of a Silver Medal was awarded at the Amsterdam Exhibition of 1869 to James Harding for cheapness and superiority to ordinary feIt.—JAMES HARDING, 20, Nicholas lane, Cannon-street, London. S. NEW ALL & 0 ( Sole Patentees of UNTWISTED WIRE ROPE, For Ships’ Standing Rigging, NEW ALL & Co.’s WIRE RIGGING Is one-half the weight, one-sixth the bull and one-half the price of hemp rigging, sir for ship. It is lighter and stronger than ar other wire rope in the market, and is entire machine made, A staff of riggers alwa 1 ready for rrork at home or abroad. Their PATENT COPPER WIRE CuRD Is also extensively used for window-sai lines, hot-houses, lightning conductors, pi ture cord, clock cord, tent ropes, cloth clxnes, and many other purposes for whi< hen 3Ss^ ] S^ llad P reviou slj keen used. .MEWALL & Go’s PATENT WIRE STRAND. CHARLES POWIS & CO. Cyclops Works, n , Millwall Pier, Loudon, Centract for the supply of Steam Engines Boilere, and complete sets of Wood-working Machinery, and Contractors’ Plant of every description, and will furnish prices and drawings, or their illustrated catalogue, on application to their city office 51 Gracechurch street, London. Combined Mortising, Tenoning, and . Boring Machine; price, WHOLESALE AND RETAIL.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD18741017.2.20.6

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 3636, 17 October 1874, Page 4

Word count
Tapeke kupu
1,014

Page 4 Advertisements Column 6 Evening Star, Issue 3636, 17 October 1874, Page 4

Page 4 Advertisements Column 6 Evening Star, Issue 3636, 17 October 1874, Page 4

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