Page 3 Advertisements Column 3

Kumara Times, Issue 788, 9 April 1879, Page 3

WKSTLAND LAND and ESTATE U COMPANY. Capitai £IOOO, In 2(JO(> Sliiirfs ot' 10s each, payablw as follows : —2s 6d on applica- | ticm, and 2s 6d a month until the I whole is paid ilp, i\>r the piti-pM.se of purchasing the following properties : House and Section, 33 x 99 feet, in tSewell street, Hokitika ; 2 sections 33 x 99 feet each, adjoining above. Section 1-1, Arahuraßoad, at junction of the Cimstchurch Road and the proposed railway, which will be divided into 20 building allotments. On one of the allotments there is a large five-roomed house, with five-stalled I stable, chaff room, and hay shed. i Through the land runs, it is confi- | 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 titl»s being perfect. As many intending shareholders wish the pioinotev to make a definite proposal in reference to the disposal of the above properties, I will guarantee them to ! receive 7 per cf nt per annum on their outlay for gey en years, after which the interest will he reduced, and .shareholders wishing to withdraw will be paid tlu-ir money in full. The scrip of the above Company V>eing ready for issue the promoter will hold one-half of it; The balance will be offered to the public, and one-half the the capital so raised will be applied to ! paying off the incumbrances On the pro--1 perty, the other half to improving it i under the superintendence of Trustees ! and Auditors elected by the t-hare-j holders. Applications for shares to he riiade to KO&EIiT WRIGHT, ! &rabur« Eeii'i.