WESTLAND LAND and ESTATE H COMPANY. Capital £IOOO, In 2000 Shares of 10s each, payable as follows ; —2s Gd on applieation, and 2s 6d a mouth 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. t Section 1-1, Arahura Road, at j unction 1 of the Christchurch Road and the j proposed railway, which will be i divided into 20 building allot- ; nients. i On one of the allotments there is a i large live-roomed house, with rive-stalied | stable, chad* room, and hay shed. Through the laud runs, it is confidently asserted, the front beach lead of gold, and ihe promoter is positive that tile property will shortly increase in value, as the railway i* about being | started. i The shareholders will determine, when • the share list closes, how the properties j will be disposed of, and may depend on | the titles being perfect. As many intending shareholders wish 1 * ® i the promoter to make a definite proposal | in reference to the disposal of the above j properties, I will guarantee them to receive 7 per cent per annum on theii j outlay for sewn years, after which the | interest will be reduced, and shareI holders wishing to withdraw will be j paid their money in full. | The scrip of the above Compan}' being ! ready for issue the promoter will hold ■ one-half of it. The balance will bt ; offered to the public, and one-half ilie j the capital so raised will be applied tc j paying oft’ the incumbrance*'on the pro j perty, the other half to improving il | under the superintendence of Trustee 1 ; and Auditors elected by the share 1 holders. | Applications for shares to be made tc HUiiLKT WEIGHT, Arfthuia IAeU'J--
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Bibliographic details
Kumara Times, Issue 792, 15 April 1879, Page 3
Word Count
309Page 3 Advertisements Column 3 Kumara Times, Issue 792, 15 April 1879, Page 3
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