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DATED AND FILED WITH THE REGISTRAR OF JOINT STOCK COMPANIES ON THE 23rd DAY OF JUNE, 1904. TKBI^IIDGEID PROSPECTUS OF THE EMPIRE, BELLEVUE, AND MANSIONS CONSOLIDATION LIMITED, To be Incorporated under "The Companies Act, 1903."

CAPITAL £150 000— d,iYided into 30.000 shares of £5 each, of which 4,000 shares, fully paid up, are to be allotted to the Vendor; 4,000 are reserved for subsequent issue ' for ' extensions of business and building purposes, and the remaining 22,000 shares are now offered to the public for subscription, payable as follows: — £1 per share on application, £1 per share on allotment, and the balance in calls of not more than £1 per share as may be required, and at intervals of not less than two months. PROVISIONAL DIRECTORS. Charles F. Greenslade, Esq , Dunedm (Managing Director Speight & Co., Ltd.) Albert Martin, Esq., M.D., Wellington (Director Equitable Life Assuranc 6 Arthur R. Y. Lodder, Esq., Wellington (Proprietor City Buftet Hotel) Society of U.S.) Charles H. Izard, Esq., Wellington, Solicitor (Director Welhngton-Manawatu Herrman Lewis, Esq , Wellington, Investor Railway Company, Limited) Charles Tringham, Esq., Wairarapa, Sheepfarmer (Director Wellington Trust, Edmund Allo, Esq., Wellington, Electrical Engineer and Hydraulic Expert Loan aud Investment Company, Limited) Who hold office until the first meeting of shareholders, which will be held not less than one month nor more than three months from the time the Company is entitled to commence business, at which meeting permanent Directors of the Company will be appointed by the Shareholders.

BANKERS.

The National Bank of New Zealand, Limited

Barr Leary & Co., Wellington ; William H. Turnbull & Co. Wellington , Harcourt & Co., Wellington ; Fenwick Bros., Dunedin ; R. O. Duncan, Cnristchurch ; V j' Lamer, Auckland ; Richard Gooch, Waihi ; Mark Sprot & Co., Greymouth and Hokitika ; H. Chadwick & Co., Hawke's Bay ; C. H. Lewis, Poverty Bay ; j. Y. Clark, Nelson , Bewley & Griffiths, New Plymouth ; R. Brett, South Canterbury ; C. L. Duigan & Co., Wanganui.

/f^HE Company is being formed for the purpose ~V of acquiring, as going concerns, the fashion- * able and well-known " Empire Hotel," in Willis and Victoria Streets, Wellington ; the picturesque and far-famed "Bellevue Gardens and Hotel," situate at Lower Hutt, and the fine public residence or private hotel known as The Mansions," recently erected m Ghuznee Street, Wellington ; and of carrying on, consolidating, and extending their trade or business, and generally of carrying out the objects mentioned in the Memorandum of Association of the Company. The value of the assets to be acquired by the Company has been fully reported upon by wellknown, experienced, and reliable experts, and the following is a fair summary of their reports : — " The Empire Hotel " — Land, Buildings, Furnishings, and Goodwill £111,200 Stock of Wines, Spirits, etc. ... 1,000 " The Bellevue Hotel and Gardens " and Furnishings ... ••• 21,233 Stock of Wines, Spirits, etc. ... 250 "The Mansions"— Buildings, Furnishings, etc. 10,546 Total ... £144,229 These figures, based on thoroughly reliable estimates, show a surplus of £14,229 over and above the purchase price to be paid by the Company.

"THE EMPIRE HOTEL." This palatial hotel, recently built and reconstructed, may now be classed as equal to any establishment of its kind which the Southern Hemisphere can boast of. The position of this hotel may be said to be the most valuable in point of situation and convenience which could be selected for private or public enterprise out of the whole of the capital city of New Zealand. The "Empire" has frontages to two of the most important business streets of Wellington City — Willis Street on the one side and Victoria Street on the other -and to each of these streets it presents a handsome and imposing front. The area covered by the hotel represents a length from street to street of 190 feet, and the frontages to Willis and Victoria Streets are 75 feet and 71 feet respectively. By no possible fluctuation can such a site as that on which the Empire stands be otherwise than materially enhanced in value in years to come.

"THE BEI.LEVUE HOTEL AND GARDENS." At the present time a journey of thirty minutes by train and ten minutes' walk from the Lower Hutt railway station brings the visitor to the gates of this Hotel and Gardens — a truly magnificent property of some sixteen acres, with a frontage of about 1500 feet to the main Waiwetu Road, which is one of the main thoroughfares of the Hutt Valley. The Bellevue Gardens are unique in New Zealand, being, as they are, the only private botanical gardens on a large scale in the Colony. A carriage drive, shaded on either side by fine old trees and fringed with graceful ferns, leads to the hotel — a veritable old English manor house — standing in the midst of emerald green lawns, flower beds resplendent with gorgeous blooms of

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZFL19040702.2.13.1

Bibliographic details

Free Lance, Volume IV, Issue 209, 2 July 1904, Page 11

Word Count
785

Page 11 Advertisements Column 1 Free Lance, Volume IV, Issue 209, 2 July 1904, Page 11

Page 11 Advertisements Column 1 Free Lance, Volume IV, Issue 209, 2 July 1904, Page 11

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