Page 3 Advertisements Column 3

Kumara Times, Issue 787, 8 April 1879, Page 3

1 WESTLAND LAND and ESTATE | M COMPANY. Capital £IOOO, In 2000 Shares of 10s each* payable as follows i —2s Gd on application, and 2s 6d a month until the | whole is paid up, I For the purpose of purchasing thet I following properties : House and Section, 33 x 99-£eQfc,iu j Sewell street, Hokitika ; 2Ts6cti#hs 33 x 99 feet each, adjoining above. Section 14, Araliura Road, at junction of the Christchurch Road and the proposed railway, which will be divided into 20 building tillot- ! ments. On one of the allotments there is a | large five-roomed house, with five-stalied j stable, chaff room* and hay shed. I Through the land runs, it is confidently asserted, the front beach lead of gold, and the promoter is positive that the property will shortly increase in 1 value, as the railway is about being j started. The shareholders will determine, when the share list closes, how the properties [ will be disposed of, and may depend on j the titles being perfect, i As many intending shareholders wish ! the piomoter to make a definite proposal in reference to the disposal of the above properties, I will guarantee them to receive 7 per ctnt per annum oh their outlay for seven year's, after which the interest will lie reduced, and shareholders wishing to withdraw will be paid their money in full. The scrip of the above Company being ; ready for issue the promoter will hold i one-half of it. The balance will be 1 offered to the public, and one-half the I the capital so raised will be applied to ' paying off the incumbrances on the pro- ! perty, the other half to improving it i under the superintendence of Trustees land Auditors elected by the sharei ! holders. | xVpplications for shares to be made to : | ROBERT WRIGHT, i Ainbov" Roadi