Page 3 Advertisements Column 2

Manawatu Herald, Volume I, Issue 67, 18 April 1879, Page 3

;:qpE C T U a pR v » pi 1 tSe . . . „ sFOXTON A&D BAfcSOtf HA XLWAY CO-, Limited. Capital— £3o,ooo, in 6,0C)0 shaies of '..... 5 each - Of wMeh it is proposed to call fop &l per share, payable as follows : — Five Shillings per Share on application, Five Shillings, on allotment, and Five Shillings' per Share at intervals of not Uss than three months, after, which no fiwther call to be made for a period of fifteen years , Ihe Promoters pV6--poBQ ,: to borrow upon debentures tJie sum of £24,000. '*.... PROVISION At DIRECTORS. iHbN ROBERT CAMPBELL, M.L.O. of New Zealand . ■ H. SANSON, Esq, Settler; Sanson J. W. GOWEii, Esqy JPjßunholcieiy Carnarvon „ ; HENRY HAMMOND, Esq, Runholder; Sandon &WX FARMER, Esq, Settler, Sandon JTJNO. TOMPKINfc*, Et=q, Settler, Sandon G-EO. PHILLIPS, Esq, Settler, San'dori J. M'LENNAN, Esq, Manager, Oroua .Powns „ .' . ', '' ... ■„•.' JAMES HARRIS, Esq, Sef tier, Sandon ■T. GIFFORiy, Esq, Settler, Sandon H. ROCKEL, Esq, Settler; 1 Carnarvon '— BISHOP, Esq.' Settler, 1 Sandoh ; ' ; tfNO. PRIOR, Esq, Solicitor, Sanson J. A. BAILLEYiEsq, fSetflei", Sansbri ■ eHASr-EDWARDS.^qrScttleri Sansoir JAMES BOWATER, Esq, Settler, Sanson E. S. THYNNE, Esq; JP, Foxton iA. GRAY, Esq, Foxton J . ' ; ; I F. LOUDONj Esq, Stiorekeeiper, Foxton J. F. ROCKSTROW, Esq, JP, Foxton F. ROBINSON, (EBq,JPi,, Foxton . » A. J: WHYTE.'Esq., Hotelkfeeper; F6xton 'J. M.PERREAU, Esq, Foxton! •'. . . : ! r•' •■/■■■. • ■_.'•' ■ , ■ j . ■ . - •■• /nANKEBS. . r. : The Bank of Mew Zealand, Sanson Solicitor and SECRBTAnX': Juo. Prior, Esq, Sanson 1 i Tjtiiß rCbhipapv is formed for the (purpose of constructing, under the 1 provisions of '#> The> District Eailways • Act," a Line of Railway from Car--1 iian'on J"uncti6n/to ! Sanson, a distance • of thifieeu .miles sixty, chains: i ■• ;" ,-. The. Di^rict through which .the/ - proposed Line,; wiU run,, is admitted by all competent judges to ; be some ' of the- fittest' Agricultural Land in^he Colonyj ' ■- larger quantities being . an--nually broke» up ; thei-e being at the present time, a considerable area under crop,, There is also extensive Bush 1 {Land in J the vicinity of : the pro- . posed Line, . containing, .first - class Timber.' " '.'.'...!" The Line : \yill; open direct, coraniu- ! nicatipn with the Tort, of Foxton, and ,; .ultimately extend tp Gieatford Station on the Wanganni Railway, lessening the distance from !fpxton to Wan- . . ganui by twen,ty $vro .miles,; and will doubtless become a portion of the Main Line from Wellington to the North. _ ? ■„.,.., The 'Promoters (have- confidence) iiv predicting \ that - the „ proposed Line, will be a lucrative investment, as, outside Stock and Timbor, large quantities of Grain and other Produce must pass over.it.- The,, Pa,ssengev' Traffic would also be considerable!; aiid when the extension to the Great-ford Station is formed, by far the larger portion, if not the whole, of the' through -s traffic~w v ould use the, Line ; it making- a difference. of 'five shillings and sixpence in a single Ist class, and three shillings and eightpence 2nd class ticket from Wangauui to Foxton, besides _ a saving in time of two hours. 1 The : Line beirig once formed, the quantity of land at present annually broken ,up would bp. greatly, increased , ,through the facilities afforded by 1b railway; transit for grain. The greater portion of the country through which the prpppsed line runs . is settled upon by a thrifty population. The, Promoters haye little dpubt, i Lth&t' the Working of the Line' will realize a handsome profit, beside the ! security of the guarantee of 7 per cent, under "The District Railways Act." The Line will be formed upon a portion of the road the whole of ■■ 'the distance (about 13 miles); conse> quently no land with the exception of that required for Stations will be purchased, thus enabling the Company to construct the Line upon exceptionally favorable terms ; in fact, little or no cost will be incurred besides the formation, which will be of the easiest, tnere being no cuttings of any im^ pprtance necessary. ; The Government having ordered a large quantity of rails from Knglaod at a low rate, have signified their willingness to supply the Company with superior rails for the proposed Line at actual cost price, which offer the Directors have resolved to accept. The Government have undertaken to work the Line upon terms sufficient to cover working expenses and wear and tear of Rolling Stock. ' ; Shares have already been subscribed for in the District. It is tW intention of the Provisional Directors td'clos'e-the list on'-tlie ''" Early application should therefore be .made by intending shareholders. -■ -.. .Prospectuses, with forms of appli* cation' W6r\ gh'areß attached^ Sal)- B 4 ; 'bbtaijiecljat ftlip. offices of ..th&£fcmci of New Zealand, Foxton and Sanson, and; afc tho Manawatu Herald Uffice, FoxW ' /! I -*r^ - u-u ,'ildSpWß, BIRCHLEY & CO ■. ! '. I ;T Are prepared to cart goods between Foxton and Otaki, or to any other I part of the Manawatu District, at ' the most reasonable prices.