Page 4 Advertisements Column 1

Mount Ida Chronicle, Volume V, Issue 262, 14 March 1874, Page 4

'§J£u£rfiscm.mts.' • PROSPECTUS UN T IDA BASTOEAL -. INVESTMENT COMPANY ''-";;..; ';■ (limited). ; ;; ' To belncorporated, with limited liability, . under the Joint Stock Companies Act, ..':-v'lß6o. : 'v;\-^':. ; v;v'.-. , ; : : CAPITA.L...... ■..£60,600, • In Six Thousand Shares of Ten Pounds each. Deposit of £1 Per Share on Application, and (at intervals) of £2 per share, on . one one month's notice, if required. v;■ Provisional Directors :''■'/;: ' :'.:. Walter Tnder' Win. Newman James Thomson ." David B.irron -^ Greorge Oliver E. T. &eorge Thomas Jackson ~' :-. -Bankers ■/'■ ; :--\^ ;"'. '■:■'■■:■ Theßankof New South Wales. : Solicitor: ' G,E. Eowlalt. Interim Secretary: E.T. George. ; The Promoters- consider the interests in this district in which 'small' capitalists vest are very few, and are satisfied that, as a safe and profitable investment,'there could be none better than that of Station 1 Property, es-: pecially in this district, so eminently adapted for the growth of wool and the rearing' and fattening of sheep—which, on account of the : character of the soil, andthe natural dryness of the climate, is not suited for agriculture ; and, in consequence, will ever remain a pastoral one. . It is further '■. very satisfactory to know, that a number of people who are connected with station property are desirous of investing in shares in this company. The success attending similarly existing Companies in Otago—the shareholders of which are principally absentees—'is well known, and from this it may be conjectured hbw much more successful such, investments must be when the shareholders are resident in the Colony, with Local Directors to superintend and watch over the interests of the Company. Erom careful enquiries made the Promoters have reason to believe that a station judiciously purchased, and efficiently and economically managed will yield from 17 ,to 25 per cent, on capital invested, and the Directors will take especial care that it shall be ably and economically managed: That) though wool may not maintain .its present price, it will not fall much in value for years to corne ; and, in consequence of the great increase of population now taking place all over the Colony, sheep, instead of decreasing, are certain to increase considerably in value. In the event of the Company purchasing one or more Stations, the Promoters are of opinion that it would be desirable to pay cash if possible, and thus obviate the necessity of paying interest on Bills. By this means the Shareholders would receive the full benefit of their outlay. APPLICATIONS EOR SHARES will be received by the Interim Secretary at his office, Earn-street, Naseby, until Saturday, 18th April, 1874. mtb 'IDEE AND . E O EfiE, AUCTIONEERS,General Commission, Agents & Vaiuatoesj \ ; -NASEBY, MOUNT;: IDA.' Business Condiicted in any part of the Pro-" ■-. •■' : '.. '■ ■ vince. '.:■■•'".. ■" : .-':;--' STOREKEEPER, ST. BATHANS, Has been appointed Agent for this Paper, and is authorised to receive -Advertisements and Subscriptions and Collect Accounts for the same. ..■ ' ~ .'■' LAND TRANSFER ACT, 1870. LICENSED BROKER. T T|IHE Undersigned is now prepared -L ■ to transact all business under the above Act." ' R. T. WHEELER, Stafford-street, Dnnediu. MR. W. L. BALLET, LATE OE CLYDE, • (Registered under the G-oldfields Acts of New '"■■■"•■/^■;'l.' '■■■' Zealand.) ■'."; '■':'&:'■'■'{■■ Cases conducted in the various Courts held, on ; : the Goldfields. ''. ' QyiTOE..... ;Eabn Street. ' NASEBY. .