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■fttWit Notices. •PROSPECTUS ; • INCRBISK OF TUB CAPITA! of tbo ' . "OUKT IDA PASTORAL INVESTMENT COMPANY, LIMITED. Present Capital, £25,000. ... Increase of Cupital to £IO,OOO. NEW IS'SUE OF 1500 ADDITIONAL SHAKES OF -£IO.EACH. Deposit, oil Application £1 per share, and £1 payable on Allocution. Balance by calla of £l, at intervals' of One Month. DIRECTORS: "WALTER INDEII DAVID BARRON WILLIAM hJ£ WMAN H. \7. KO BINS ON THOMAS JAOJKSON. SIMON HEWITT M.J. 8. MACKENZIE STATION MANAGER: GEORGE OLIVES. BANKERS: THE BANK OF NEW SOUTH WALES: AGENTS': -j=.-= MESSRS. WSIOITT, STEPHENSON &'CO. DUNEDIN. SOLICITORS » • ' DUNEDIN—MESSRS.'' HAGGITT BROS. & BRENT. NASEBY—MR. Gi. E. ROWLATT., SECRETARY; E. T. GEORGE. The Directors of the Mount Ida Pastoral Investment Compuny, Limited, oncouragod by the success that has attended the operations of the Company on tbo Ewebnrn Run, have thought it advisable to extend its business by the purchnso of tbo Ruggod Ridges Station, which they have'aucceeded in effecting ou very advantageous terms. In view of this extension of businoss it lias been thought advisablo, and the Company has decided, to iucreaso 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 in roserro, in case another opportunity should occur of advantageously oxtonding the sphere"of the Company's,business. The Company was originally started with a nominal capital of £25,001"), of which £21,070 has been paid lip. There are 393 original enures still unissued, and it isjjconsidored that theße, with 1000 shares of the now issue, ;will bo amply sufficient to .place the Company in a position to oarry on the two Stations, in an independent manner, 'and give a very handsome profit to investors. The character country of the Rugged Ridges Station is well kuown as most favorable to sheop, and the price at which the purchase haß been made :s such as to ensure a good return, even at', present prices of wool, ■while the fact that the two Stations can be worked as one gives a guarantee, for economy in management. It is confidently expected that, a considerable number of the shares now opened for allotment will be taken up.by the present shareholders, who may desire to increase their interest in the Company *, and, iu caso the applications should exceed the number of shares available for allotment, a preference will be given to present shareholders; in proportion to the number of shares airea'dy held '• bv them. , In order to place old and new shareholders' on an equal footing, it is proposed that, as regards Rugged Ridges Station, the holders of new shares Bhall participate in all'Tiftarprofits from the date of purchase, viz., Ist August, 1876; and, as the Eweburn and Eden Creek Runs, from the date of allocation of shares, in proportion to the amot nt paid np on the 3rd March, being the, end of the Company's financial yoar. Applications for shares must be made in th« form annexed, and forwarded to tho Secretary Mount Ida Pastoral Investment Company, Limited, not later than Monday, November 27th, 187G, together with a deposit of £1 per share—£l per share to ho payable on allotment, aud the remainder by calls of £1 per share at intervals of ono month, viz., on January 1, February 1, March 1, April 1, May 1, Juno 1, Julyl, August 1,1877. Interest, at the rate of eight Dor cent, per annum, will be charged on calls in arrear, and six per cent, will bo allowed upon calls paid in advance; 'E. W. J. MILT,AH desires 'to - notify to the inhabitants of Naseby run] surrounding districts that, in consequence of the marked furor he has mat with at their hands during the past few woeks, it is his intention to permanently continue the BUTCHERY "BUSINESS Opened by him.. Arrangements hove been .made for tho supply of tho BEST FAT STOCK during .the winter months. • Prices as yet Unequalled in Naseby. COME AND SEE! W B MT P. I fi K C B ' . BPTCHEfI, , CROMWELL.' EEW AK D. LOST, from ' Naseby, a Black FILLY, white on hind foot, and branded 7 on near shoulder. Any person returning her to Alex. Pearson, Naseby, will receive the above reward; THORN QUICKS ! THOKNQUICKS M "TF you want a FENCE to keep out Ooats, Doga, Fowls,. &c, &c, PLANT NOW. Tho subscriber has still a fow thousands of his fine Local GroA-n Two-Year-Olds. Apply at once. R. GLENN. AMUEL M'CTJLLOXJGH, STOREKEEPER CAMBRIAN, >■ FTBH the 30th September, all - Strange CATTLE found on Run No. 222 will bo IMPOUNDED, and if they are removed and return they will bo Impounded ■without further notice. K- A. CHAPMAN. I September 21, 1870.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MIC18761020.2.5.1

Bibliographic details
Ngā taipitopito pukapuka

Mount Ida Chronicle, Volume VII, Issue 397, 20 October 1876, Page 2

Word count
Tapeke kupu
777

Page 2 Advertisements Column 1 Mount Ida Chronicle, Volume VII, Issue 397, 20 October 1876, Page 2

Page 2 Advertisements Column 1 Mount Ida Chronicle, Volume VII, Issue 397, 20 October 1876, Page 2

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