Page 3 Advertisements Column 3

Kumara Times, Issue 793, 16 April 1879, Page 3

! I*/' EST LAND LAND and ESTATE i H COMPANY. I Capital ... £IOOO, ; In 2000 Shares of 10s each, pay- : abht as follows : —2s 6d on applica- ', tion, and 2s 6d a month until the i whole is paid up, I For the purpose of purchasing the • following properties : | House snd Section, 33 x 99 feet, in | Sewell street, Ilokitika ; 2 sections j 33 x 99 feet each, adjoining above. j ' Section 14, Arahnraßoad,at junction j of the Chmtchurch Road and the | proposed rail way, which will be ! divided into i() building allot- | nit.nts. ! On one of the allotments there is a | large five-roomed house, with five-stalled j sial.lp, chaff roouij and hay shed. ! Through the land runs, it is eonfi- | deutly assorted, 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 j started. j The shareholders will determine, when I the share list closes, how the properties 1 will be disposed of, and may depend on j the titles being perfect, i As many intending shareholders wish ' the ptonsoter to make a definite proposal in reference to the disposal of the above pioperties, f will, guarantee theni to receive 7 per cent per annum on their outlay for sovt>n years,, after which the interest will be 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 one-half of it ; The balance wiil lie offered to the public, and one-half the the capitd so raised will be applied to paying off the incumbrances on the property, the other half to improving it under the superintendence of Trustee* and Auditors elected by the shareholders. Applications for shares to bo made to HUBERT WRIGHT, Ai-sbtJi-ft B«s4-