Page 8 Advertisements Column 2

New Zealand Times, Volume XXXIV, Issue 5638, 25 April 1879, Page 8

Public Companies Transatlantic fikeinsubanoe COMPANY OF HAMBURG. THE above Company in prepared to accept risks in town and country at lowest current rates. WHITTEM, NICHOLSON, & CO., Agents. Guardian fire & life assurance COMPANY, Established 1821. Subscribed Capital £2,000,000 Total Invested Funds, upwards of 2,891,000 Total Annual Income 465,000 The undersigned, having been appointed agents of the above Company at Wellington, are prepared to issue Policies of Insurance against Fire on the usual terms. W. & G. TURNBULL & CO. he national fire and marine INSURANCE COMPANY OF NEW ZEALAND. Capital ... ... ... ... £1,000,000. This Company issues Policies against loss or damage by fire on every description of property on the most liberal terms. B. BRUCE WALLACE, Manager. JJ AMBURG -MAGDEBURG FIRE INSURANCE COMPANY OF HAMBURG. CAPITAL (fully paid up)... 2,500,000 marks. THE MAGDEBURG FIRE INSURANCE COMPANY, THE MAGDEBURG RE-INSURANCE COMPANY, THE MAGDEBURG GENERAL INSURANCE COMPANY, (with Capital and Reserve Fund amounting to over Thirty Million of Marks) Are interested in every Risk underwitten. The undersigned having been appointed Agent for Wellington for above Company,begs to announce that he is prepared to take Risks against Loss or Damage by Fire on every description of insurable property at the Lowest Bates. All losses settled promptly on the spot, PHILIP MOELLER, Willia-street, Wellington. THE NATIONAL MORTGAGE AND AGENCY COMPANY OF NEW ZEALAND (Limited), CAPITAL £1,000,000 (In 100,000 shares of £lO each.) Trustees : Charles Maoniac, Esq., 3 Lombard-street, London. Archibald Orb Ewino, Esq., M.P., of Balliklnrain, N.B. Chairman : Henry R. Grenfell, Esq., 27 Upper Thamesstreet, London. HEAD OFFICE : 37 Lombard-street, London, The Company advances on wool and all other produce consigned for sale in the colonies or London, transacts every kind of mercantile business, and lends money on reasonable terms on freehold and other approved securities. EDWARD PEARCE, Agent, Wellington. Prospectus OF THE FOXTON & SANSON RAILWAY CO, (Limited). Capital —£3o,ooo, in 60C0 Shares at £5 each. Of which it is proposed to call up £1 per share, payable as follows ; —Five Shillings per Share on application, Five Shillings on allotment, and Five Shillings per Share at intervals of not less than three months, after which no further call to be made for a period of fifteen years. The promoters propose to borrow upon debentures the sum of £24,000. provisional directors ; Hon. Robert Campbell, M.L.C, of New Zealand H. Sanson, Esq., Settler, Sanson J. W. Gower, Esq., J.P., Runholder, Carnarvon Henry Hammond, Esq., Runholder, Sandon Geo. Farmer, Esq., Settler, Sandon Jno. Tompkins, Esq., Settler, Sandon Gio. Phillips, Esq., Settler, Sandon J. McLennan, Esq., Manager, Orona Downs James Harris, Esq., Settler, Sandon T. Gifford, Esq., Settler, Sandon H. Rockbl, Esq., Settler, Carnarvon Bishop, Esq., Settler, Sandon Jno. Prior, Esq., Solicitor, Sanson J. A. Bailley, Esq., Settler, Sanson Chas. Edwards, Esq., Settler, Sanson James Bowater, Esq., Settler, Sanson E. S. Thynne, Esq., J.P., Foxton A. Gray, Esq., Foxton F. Loudon, Esq., Storekeeper, Foxton J. F. Rookstrow, Esq., J.P., Foxton F. Robinson, Esq., J.P., Foxton A. J. Whyte, Esq., Hotelkeeper, Foxton J. M. Perreau, Esq., Foxton bankers: The Bank of New Zealand, Sanson. solicitor and secretary: Jno. Prior, Esq., Sanson.

This Company is formed for the purpose of constructing, under the provisions of the District Railways Act, a line of railway from Carnarvon junction to Sanson, a distance of 13 miles 60 chains. The district through which the proposed line will run, is admitted by all competent judges to be some of the finest agricultural land in the colony, large quantities being annually broken up ; there being at the present time a considerable area under crop. There is also extensive bush land in the vicinity of the proposed line, containing first-class timber. The lino will open direct communication with the port of Foxton, and ultimately extend to Greatford Station on the Wanganui railway, lessening the distance from Foxton to Wanganui by 22 miles, and will doubtless become a portion of the main line from Wellington to the North. The promoters have confidence in predicting that the proposed line will be a lucrative investment, as, outside stock and timber, large quantities of grain and other produce must pass over it. The passenger traffic would also be considerable, and when the extension to the Greatford Station is formed, by far the larger portion, if not the whole, of the through traffic would use the line, it making a difference of ss. 6d. in a single first-class and 3s. Bd. second-class ticket from Wanganui to Foxton, besides a saving in time of two hours. The line being once formed, the quantity of land at present annually broken up would be greatly increased through the facilities afforded by railway transit for grain. The greater portion of the country through which the proposed line runs is settled upon by a thrifty population. The promoters have little doubt that the working of the line will realise 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); consequently 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, there being no cuttings of any importance necessary. TheGovernmenthavingordered alarge quantity of rails from England 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 the intention of the provisional directors to close the list on the , Early application should therefore be made by intending shareholders. Prospectuses, with forms of application for shares attached, can be obtained at the offices of the Bank of New Zealand, Foxton and Sanson, and at the Manawatu Herald office, Foxton,