Page 3 Advertisements Column 3

Kumara Times, Issue 781, 1 April 1879, Page 3

i ESTLAND LAND and ESTATE | n COMPANY. i Capital £IOOO, j In 2000 Shares of 10s each, pav- ! able as follows : —2s 6d on applica- | tion, and 2s 6d a month until the j whole is paid up, j For the purpose of purchasing the j following properties : ! House and Section, 33 x 99 feet, in j Sewell street, Hokitika ; 2 sections ; 33 x 09 feet each, adjoining above. { j Section 14, Arahura Road, at junction , ! of the Christchurch Road and the , i proposed railway, which will be r j divided into 20 building allotI ments. t i On one of the allotments there is a j large (ive-roomed house, with five-stalled 3 | stable, chatf room, and hay shod. I Through the land runs, it is coufi- ’ ! dently asserted, the front beach lead of ! gold, and the promoter is positive that j the property will shortly increase in , | value, as the railway is about being ; started. - j The shareholders willdetermine, when j the share list closes, how the properties . will bo disposed of, and may depend on > j the titles being perfect. ■ As many intending shareholders wish . the piomotur to make a definite proposal , : in reference to the disposal of the, above | properties, I will guarantee them to *, | receive 7 per emit per annum mi their j outlay for seven years, after which the ; interest will be reduced, and share- '• I holders wishing to withdraw will be )' j paid tin ir money in full. »> j The-scrip of the above Company being V j ready for issue the promoter will hold ’■ '-one-half of it. The balance will be e | olfered to the public, and one-half the y j the capit-d so raised will bo applied to ' paying off the incumbrances on the pro- : perty, the otlier half to improving it ; under the superintendence ot Trustees and Auditors elected by the share’s ; holders. I Appl icationsfor shares to be made, to 1! j ROBERT WRUJHT, j Arabova Uonb,