Business Notices E X II Y BBS T, PROFESSIONAL ACCOUNTANT, LAND, ESTATE, AND COMMISSION AGENT, STOCK AND SHARE BROKER. Agent for Absentees Management and liquidation of Estates Audits Conducted Advances on Mortgage Valuations Rents, Interests, &c., collected. Temple Chambers, Eeathcrston-strcet. Q PEKING NOTI OE. M. HcCEEDO, IRONMONGER, WILL OPEN HIS NEW PREMISES ON LAMBTON-QUAY (Nearly opposite the Government Building , ON TUESDAY NEXT, 15lh INST. CUSTOMERS, AND THE PUBLIC GENERALLY, Invited to inspect his NEW STOCK, The Largest, most Varied, and Best ever Imported into Wellington. jp ATRONISED BY HIS EXCELLENCY. DETERIL’S NEW PORTRAIT ROOMS, The Largest and Most Complete PHOTOGRAPHIC ESTABLISHMENT In the Southern Hemisphere. Nearly opposite THE GOVERNMENT BUILDINGS, Lambton-quay. DEVERIL, Late Government Photographer and Photo* Lithographer
Prospectus PRosrE c T u s OP THE EOXTON & SANSON KAILWAY CO (Limited). Capital — £3o,ooo, in 0000 Shares at £5 each. Of which it is proposed to call up£l per share, payable as follows :—Kivu Shillings per Share on application, live Shillings on allotment, and live 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 : lion. TJobert Campbell, M.L.C. of New Zealand H. Sanson, Esq., Settler, Sanson J. W. Gower, Esq., J.P., lluuholdor, Carnarvon Henry Hammond, Esq., Ilnnholder, Saudon Geo. Farmer, Esq., Settler, Sandon Jno. Tompkins, Esq., Settler, Sandon Geo. Phillips, Esq., Settler, Sandon J. McLennan, Esq., Manager, Oroua Downs James Harris, Esq., Settler, Sandon T. Gifford, Esq., Settler, Sandon H. Rockel, Esq., Settler, Carnarvon Bishop, Esq,, Settler, Saudon Jno. Prior, Eeq., Solicitor, Sanson J. A. Bailley, Esq., Settler, Sanson Chas. Edwards, Esq., Settler, Sanson James Bowater, Esq,, Settler, Sanson E. S. Tiiynne, Esq., J.P., Eoxton A. Gray, Esq., Eoxton F. Loudon, Esq., Storekeeper, Eoxton J. E. Rockstrow, Esq., J.P., Eoxton F. Robinson, Esq., J.P., Eoxton A. J. Whyte, Esq., Hotelkeeper, Eoxton J. M. Perreau, Esq., Eoxton bankers; The Bank of New Zealand, Sanson. SOLICITOR AND SECRETARY; ‘Jno. Prior, Eeq., 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 linn 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 line will open direct communication with the port of Eoxton, and ultimately extend to Greatford Station on the Wanganui railway, lessening the distance from Eoxton 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. Cd. in a single first-class and 3s. Bd. second-class ticket from Wanganui to Eoxton, 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 tho 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); consequent^ 7 no land, with tho exception of that required for station?, 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. TbeGovernmenthavingordered a large quantity of rails from England at a low rate, have signified their willingness to supply tho 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 o£ the Bank of New Zealand, Foxton and Sanson, and at the Manaxoatu Herald office, Foxton,
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https://paperspast.natlib.govt.nz/newspapers/NZTIM18790429.2.25.5
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New Zealand Times, Volume XXXIV, Issue 5641, 29 April 1879, Page 3
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841Page 3 Advertisements Column 5 New Zealand Times, Volume XXXIV, Issue 5641, 29 April 1879, Page 3
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