Page 4 Advertisements Column 5

Evening Star, Issue 3637, 19 October 1874, Page 4

SPEOTUS. PROSPECTUS , OF THE Dunedin, peninsula, & ocean BEACH RAILWAY COMPANY (LIMITED)* CAPITAL *. £60,000, With power to laoreaoe, In 12,000 shares of £5 each. Ba payable on application, 5s on allotment, and such portion of the balance as may be required by calls of 10s as the works proceed, hot not at shorter intervals than three months. (Power will also bo taken, under the Articles °t Association, to borrow on the security of i? e n a P° r^i°n 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 Eraser, M.L.C., Dunedin Mr W. J. M. Larartch, Peninsula Professor M‘Gregor, Anderson’s Bay Mr James MTndoe. Forbury i 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 i Mr James Smith, Anderson’s Bay Mr James Seaton, Peninsula Hori 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 1 from .Dunedin to the Ocean Beaoh at the Forbnty on jthe one side, and on the other down by Anderson s Bay and the east side of the Hstbor, 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 iconstruct 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, bub 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 the Gale donian Grounds, Gasworks, and Race Course, and terminate at or near the Forbury Road; 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 Harbor to Portobello.. This line will secure a considerable goods traffic in Lime, Timber, Coal, Bricks, and Farm and Garden Produce; while the rapidly increasing popu-. larity of the sunny slopes of the Peninsula for summer residences and pleasure excursions, will draw a largi 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, includ- 1 ing 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 all 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 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 oust of the different sections, exclusive of rolling stock; — From Dunedin to Ocean Beach B^miles From near Mr Tolmie’a house to Portobello, via Anderson's Bay ... .„ 9A From Portobeuo to the Heads * *>i >» £7,000 30,000 , 18,000 ’ ' , £55,000 ■ Applications for Shares may be made to the Undersigned. J. B. BRADSHAW, Interim Secretary. Temple Chambers, Princes street,,Dunedin. COACHES. 1 —— - COACHES I COACHES I Y BEND’S SOUTHERN LINE Leaves tbe Empire Hotel, High street, every morning for TOKOMAIRIRO, LAWRENCE. AND BALCLUTHA, ! At 9 a.rh. j returning daily at 6 p.m. By 4he above Line, Travellers may rely on receiving every attention and comfort at reasonable hires. ■ > • •YEEND & 00., Proprietors.: PUBLIC U TICES. GEORGE STREET TIMBER YARD ANI> 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 bane now at command, consequent 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 care and despatch. ON SALE. Baltic Deal, Oregon Shelving arid Lumber .Kauri, Red, White, and Black Pine . Scotch and Colonial T. and.G. Flooring and Lining Fire Bricks, Tiles, Lime, Cerrient, and Plaster Builders' Ironmongery, Galvanised Iron, Ridging, and Spouting The trade supplied withfirst-clasa Turnery. A. PULTON and CO. Agents for Lambert s Drain Pipes, &c. JJ S. FISH & SON, PAINTERS, PLUMBERS, GLAZIERS, AND GENERAL HOUSE DECORATORS. Experienced Workmen sent to all parts of the Province. Importers of White Lead, Gloss, Oils, ir Brushware, Gold Mouldings, and all Painters’ requisites. The Trade and Country Storekeepers supplied at lowest prices. % PRINCES STREET SOUTH.