Page 3 Advertisements Column 3

Kumara Times, Issue 771, 20 March 1879, Page 3

W'KSTLAND LAND and ESTATE' COMPANY. '; Capit.vi £IOOO, I In 2000 Shares ot' 10s each, payable as follows : —2s 6d on application, and 2s 6d a month until the I whole is paid up, For the purpose of purchasing the following properties : 1 House and Section, 33 x 99 feet, in Sevvoll street, llokitika ; 2 sections 33 x 99 feet each, adjoining above. J Section 14, Arahura Road, at junction of the Glmstolmrch Road and the J proposed railway, which will he divided into 20 building allotments. On one of the allotments there is a large five-roomed ho'use, with five-stalled i stable, chaff room, and hay shed. I Through the land runs, it is coufij dently asserted, the front beach lead of gold, and the promoter is positive that the property will shortly increase in value, as the railway is about being started. The shareholders will determine, when the share list closes, how the properties will be disposed of, and may depend on the titles being perfect. As many intending shareholders wish the piouioter to make a definite proposal in refi-ienue to the disposal of the above pioperties, I will guarantee them to j receive 7 per cent per annum on their ' oiitl-iy for seven years, after which the | interest will be reduced, and share- | holders wishing to withdraw will be paid their money in full. The scrip of the above Coin pan}' being ready for issue the promoter will hold ' one-half of it. The balance will be i olfered to the public, and one-half the ' I the capit d so raised will be applied t,o paying off the incumbrances on the proj perty, the other half to improving it ! under the superintendence of Trustees . | and Auditors elected by the shareI holders. Applications for shares to be made to 1 ■ " ROBERT WRIGHT, i Arahura Road.