Page 3 Advertisements Column 3

Kumara Times, Issue 786, 7 April 1879, Page 3

I UfESTLAND LAND and ESTATE i U COMPANY. Capital ... £IOOO, in 2UOU Shares of 10» each, payable us follows ;—2s 6d on application, and 2s 6d a month until the whole is paid up, For the purpose of purchasing the following properties- : House and Section, 33 X 99 feet, in Sewell street, Hokitika; 2 sections 33 x 99 feet each, adjoining above. Section 14, Arahuraßoad,at junction of the Christchurch Road and the proposed railway, which will be divided into 20 building allot* | ui blits. • On one of the allotments there is a I large five-roomed hotise, with five-stalled stable, chatf room, and hay shed. ■ Through the land runs, it is confij dently assm-ted, the front beach lead of ; gold, and the promoter is positive that . ■■ the property will shortly increase in I value, as the railway Is about being ! started. j The shareholders will determine, when the share list closes, how the properties i will he disposed of, and may depend on j the titles being perfect. | As many intending shareholders wish I the | uoiiioler to make a delinite proposal ( | in reference to the disposal of the above | properties, I will guarantee them to : receive 7 per cent per annum on their - j outlay for seven years, after which the ' j interest will be reduced, and sharej holders wishing to withdraw will be i paid their moitey in full. I The scrip of the above Company being r ready for issue the promoter will hold - one-halt of it,- The balance will be i j offered to tlie public, undone-half (he f | the capital so raised will be applied to i j [laying off the incumbrances on the pro- ! perty, the. other half to improving it under the superintendence id Trunifies and Auditors elected by the ,-hares holders. lAjtplications for'shares to be made to ROBERT WRIGHT, Arsburs tiwA