JOSEPH QUI NN , ' Carpenter and Undertaker, ALBERT STREET, GREYMOUTH All orders by telegram or letter from Kumara promptly attended to. J.Q., having Hearse and Mourning Coaches, is prepared to conduct funerals on the most moderate terms. A large assortment of plain and fancy Iron Railings and Enclosures on hand, and at moderate prices. ROSFE-OTUS KUMARA GAS AND COAL COMPANY (LIMITED). Capital, £6,000, in 1,200 Shares of £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 J. Kerr, Mr "W. S. Hanna, MrG. A. Munyard Mr F. Keenan, Mr J. S. Pearn, Mr James Rugg. BANKERS: Union Bank of Australia. SOLICITOR: Mr "W. M. Purkiss. SECRETARY: Mr James Wylde. Applications for Shares tobeaddressed to the Secretary, at the Company's ■registered office, Ki mara.
The rapid growth of the town of Kumara, and the certainty that, situated as it is on the most extensive Goldtield ever opened in New Zealand, it must still further extend, and maintain its position as the largest and most im portant inland town on the west of the ranges, renders it imperative that it should, without delay, be supplied with coal gas, both for lighting and cooking purposes. The advantages of gas are too well known to require comment, and it is only necessary to point out 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 lower 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 be 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 Promote rs have secured a site for the works, had phms ami estimates prepared, and procured tenders for the whole of the material required ; they have also registered the company and paid all fees and costs, for which ihey have accepted 90 paid-up shares. Gaswoi-ks have always proved highly remunerative, as instances of which nwy be quoted those established in Dunedin, Christchurch, Wellington, Auckland, Greymouth, and Hokitika; and the present undertaking has been commenced under such favorable circumsstances. that the directors can confidently recommend it as a sate and profitable investment.
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Bibliographic details
Kumara Times, Issue 255, 30 July 1877, Page 4
Word Count
475Page 4 Advertisements Column 4 Kumara Times, Issue 255, 30 July 1877, Page 4
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