Page 4 Advertisements Column 2

Kumara Times, Issue 158, 6 April 1877, Page 4

p rospectus OF THE KUMARA GAS AND COAL COMPANY (LIMITED). Capital, £6,000, in 1,200 Shakes op £5 Each. A deposit of 5s per Share on application ; 5s per Share on allotment, and subsequent calls not to exceed 10s per month. DIRECTORS: Mr W. Barron, Mr W. S. Hanna, Mr F. Keenan, Mr J. Kerr, MrG. A. Munyard Mr J. S. Pearn, Mr James Rngg. BANKERS: Union Bank of Australia. SOLICITOR: Mr W. M. Purkiss. SECRETARY: Mr James Wylde. Applications for Shares tobe addressed to the Secretary, at the Company’s registered office, Kumara. The rapid growth of the Town of Kumara, and the certainty that, situated as it is on the most extensive goldfield ever opehed in New Zealand, it must still further extend, and maintain its position . as the . largest prat important inland town'oh the weSt®f the ranges,., renders. it impqratiye that it should, without delay, be supplied with chalks, both’ for ligHtpig and cooking purposes. ' ‘ ‘ The Advantaged of gas are too - well known to require comment, and it is 'only necessary to point ovit that Kumara is especially adapted for the . economical establishment and maintenance of gas works. Its vicinity to the Grey Coalfields, combined with the facilities which will be afforded by the tramway now being constructed, will enable coal to be delivered at the works at a Tower rate than in any other town in New Zealand, Greymouth excepted, Whilst the site chosen for the works, ; and the position of the places of business in the town, will enable the mains to he laid with great ease and economy. The consumption will, without doubt, be large, there being amongst other houses and. buildings, no less than forty-eight hotels, the proprietors of which have expressed their intention to use gas as soon as it can be supplied. Carefully prepared estimates show that, taking the selling price of the gas at 20s. per 1000 feet, the profit would be 38 per cent, on the capital to be expended! The Promoters have secured a site for the works, had plans and estimates prepared, and procured tenders for the whole of the material requited ; they have also registered the company and paid all fees and costs, for which, they have acceptedTO 'paid-hp shares. ' Gasworks have always proved highly remunerative, as instances of which may be quoted those established in Dunedin, Christchurch, Wellington, Auckland, Greymouth, and Hokitika; and the present undertaking has been commenced under such favorable circumstances, that the directors can confidently recommend it as a safe and

profitable investment. ■jyj O N S T E R ART UNION OF <£2ooo. The profits arising from which are to be devoted to the Building of the NEW HOSPITAL AT HOKITIKA. 2000 Tickets of Twenty Shillings Each. To be Drawn at Easter, or as soon as the whole of the Tickets are disposed of. No. Prizes. Value. 1. Old Hospital, Cottages, and other Buildings, and grounds the whole of which is under cultivation, value - ,£IOOO 2. Cash ■ - - , 450 3. Do ... 150 4. Do ... 100 5. Do - - 50 6. Do - - -' ‘ 30 7. Do - - - 25 8. Do - ’ ... , 20 9. Do . - . - , . - 15 Also,-8 prizes of £lO Gash, each, I £80; 8 prizes pjf £6 each, £4O ;' and '2O prizes of ’ . , £2 Cash, each, £4O - 160 Total - - £2OOO Five per cent, to be charged on the First Prize, and ten. per cent, to be deducted from the Prize Money. Tickets may be had from any Member of the Kumaru Hospital Committee, the principle business houses, and at the office of the Kumara Times. A. SOMERVILLE, Secretary. TAM.ES brim B L E , " GENERAL CARRIER. A Waggon leaves the Duke of Edinburgh Hotel, Greymouth, for Kumara three times a week.