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; ; PROSPECTUS, j '» INCREASE .OF THE CAPITA! V -•/ ; ; ■•-of the '* "OUNT IDA PASTOEA L VESTMENT COMPANY, ,'■ ' '■'".; > ■ .-LIMITED. '^X i'i V. f ■?. Present Capital, £25,000. ■ issue j of IWO . ;:—.SHARES., OE.\£lo EACH;--;;:;:».-, Deposit on Application £1 per sbare,..and £1 payable on Allocation. Balance by . .; calls of £l, at intervals of :,- .<£ .. One Month. ...,.., ~.,.,. J)I.RE,CT ;t 9ES:, , ~ ' Walter lirriEß € k>%srb barron WILLIAM* EtVMAN iH. WIR'OBINSON JACKSON " SIMON HEWITT M. J. S. MACKENZIE STATION MANAGER: '■ P. J/]&EORGE OLIVER, j __■__,,% BANKERS: | *TWB>.%A3SiK: dENEWcsbuTH WALES. MESSRS: WRIGHTiSTEPa^S-S^Nij'cb.,. ■■■■ ■"-'* -« '- ""-" i r " "■-'' " X : j DUNEDIN-=MESSRS. HAGGCTT BROS. &. BRENT. vvr I ... NASEBY—MR. G. E. ROWLATB.'! '■ ,> T ''SECRETARY:" E. T. GEORGE The Directors ! of the Monnt'lda Pastoral Investment Company, Limited, encouraged by the; Buccess. that, has' attended the* operations of the Company on the Ewebnrn Run, have thought it advisable to extend its businesa by the purchase of the Rugged Ridgea Station, which thejr have'succeeded in effecting .on very advantageous terms.; "•■''■'• ■ln view of this extension of business it has been thought advisable.'and the Company has decided, to increase the nominal capital to £40;000, by the creation of 1500' additional shares of £lO each. Of these 1000 only will now be placed ■in 'the market, the remainder being kept iri reserve, in case another opportunity should occur of advantageously extending the sphere of the Company's^businesa. The. Company was originally started with a nominal capital of £25,000, of which £21,070 has beenpaid' up. There are. 393 original shares still unissued, and it isjconsidered that these, witb 1000 shares of the new-issue, will be amply sufficient to place the Company in a ppsitJQn to carry on the two Stations in an independent manner, Jand give hand-some-profit to investors. . "; ;.".?. \

The character of the country of the Rugged Ridges: Station is ,well known as-mostf>"favo;r-able to sheep, and the price at which the purchase has been ia such as to ensure a good return, even at present prices 6i wool, while the fact tbat the two Stations L ct£ti be worked as one gives-a. guarantee for economy in maimge,meiit;, , t ' li is confidently expected that a considerable number of the shares now, opened for allotment wjll. be taken up by the present shareholders,,:: who. may desire to increase theirjiTiterest jn the Company,; and, in case the ap|plications'should exceed the'rtimber'of shares available-for allotment, a preference will-be given to present shareholders, in proportion to the number of Bhares already held hy them. "" In order to place old and new shareholders on an equal footing, it-is proposed that, as regards Rugged Bidgea Station, the holders of new shares shall" participate in all the profits from the date of purchase, viz.; Ist August, 1876; and, as. "regards the Eweburn and Eden Creek Runs, "from" the date of allocation of shares, in proportion to the amomt paid up on the 3rd March, being the_ end of the Company's financial year. Applications for shares must be made iri th« form annexed, and forwarded to the Secretary Mount Ida Pastoral Investment Company, Limited, not later than Monday, November 27th, 1876, together with a deposit of £1 per share-:~£l per share to be payable ,on,allotment, and the remainder By calls'of" £1 per share at intervals of one month, viz., on Janu- ) ary 1, February!; March 1/ April l, May 1, June 1, Julyl, August 1, 1877. Interest, at the rate of eight wer cent, per annum, will'be charged on calls in arrear, and six per 'cent, will be allowed upon calls paid in advance; R. W. J. MILLAR desires to . notify to the inhabitants of Naseby and surrounding districts that, in consequence of the marked favor he has met with at their hands during the past few weeks, it is his intention to, permanently continue the' ; BUTCHERY BUSINESS ' "''' ' Opened by him. Arrangements have been made for the supply of the BEST FAT'STOCK ' -"■ during the winter months. Prices as yet Un equalled 'in Naseby/ COME-'AND SEE! "WEN PI 8.J4 O .B ' BUTCHER, v ' ' CROMWELL,. ~ / Naseby,:a.';Black -FILLY/:white^on hind foot, and branded 7 oninear shoulder. ■ Any" person returning her to'Alex. Pearson, Naseby, will receivejthe above reward; •THORN QUICKS! ; THORNQUICKS l ! F you want a FENCE to keep out Goats, Dogs, Fowls, &c, &c, PLANT NOW. The subscriber has still a few thousands of his fine Local Gro irn TwoiYear-Olds.-Apply at once.. R. GLENN. AMUE-L M'CULLOtr&H, STOILEKEEPEB, ■'" '■-' f CAMBRIAN. Strange CATTLE found on Run No. 222 will be IMPOUNDED, and if they are removed and return they will be Impounded without further notice. E.-A.' CHAPMAN. September 24,1876.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MIC18761014.2.4.4

Bibliographic details
Ngā taipitopito pukapuka

Mount Ida Chronicle, Volume VII, Issue 396, 14 October 1876, Page 2

Word count
Tapeke kupu
738

Page 2 Advertisements Column 4 Mount Ida Chronicle, Volume VII, Issue 396, 14 October 1876, Page 2

Page 2 Advertisements Column 4 Mount Ida Chronicle, Volume VII, Issue 396, 14 October 1876, Page 2

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