Page 2 Advertisements Column 4

Oamaru Mail, Volume III, Issue 783, 15 October 1878, Page 2

LATE ADVERTISEMENTS^ rriHE SERVICE ;OF SONG "E,V A" Will be given in St Paul's-Church, Oamarn, ON THURSDAY EVENING, THE By the Choir, numbering 25 Assisted by the REV7~A. ~K' TOTTD, Who will read the narrative illustrating the life and death of Eva, from "Unc e T'm's f'aVn." Proceeds in aid of the SABBATH SCHOOL FOND. Doors open at 7 o'clock. Admission, 13. Tickets to be had o£ the Principal Storekeepers. S6 I. 0.0. F. ["EMBERS of the Loyal Alfred Lodge, -—"- No. 6, will please take notice that all future Meetings of the Lodge will be held at the Oddfellows' Hall, Coquet-street. The NEXT MEETING will take place TO-MORROW (WEDNESDAY), the 16th INST., at 8 p.m. W. C. ROULSTON, 82 Secretary. lOUND, SUM OF MONEY. Owner may receive by paying expenses. Peter Kivers, Kite's Carriage Factory. Bi> LOfciT, on or about 4r.h of October, Two Pair of Pants and a Foakkin Vest, tied up in a white silk handkerchief with blue spots. Any person returning the same to the Royal Hotel will be rewarded. 77 W.M. M'KAY. SATURDAY, 19th OCTOBER, At the Swan Hotel "Sards. At 12 o'clock. HAY AND SMYTH have received instructions to Sell by Public Auction, at above time and place—--1 Light Two-horse Waggon 3 Horses and Harness (complete). Without reserve. HAY AND SiiYTH, 01 Auctioneers. OF THE E W ZEALAND R AIL WA Y . WAGGON COMPANY, LIMITED. Capital £IOO,OOO. In 10,000 shares of £lO each, of which it is proposed to call up £5, viz. : —ss on application ; os on allotment; and the balance in calls of 10s each, at intervals of not less than three months.

Provisional Directors. G. C 4. Russell (National Mortgage and Agency Company of N.Z.) Henry Driver, M.H.R. (New Zealand Loan and Mercantile Agency Company) W. H. Cutten, M.H.R. John Davie (M'Landress, Hepburn, and Co.) James Mills (Union Steam Ship Company of New Zealand)

William Evans (Timaru) John M'Gregor, C.E. James P. Maitland (Commissioner of Crown Lands) Walter Guthrie (Guthrie and Larnach's New Zealand Timber and Woodware Factories Company, Limited) P. C. Neill(NeillandCo.) T. S. Graham (Bing, Harris, and Co,) Allan Holmes (Solicitor) Bankers: National Bank of New Zealand, Limited. Solicitor : A. Holmes. Broker : J. A. Mackenzie. This Company is promoted with the view of supplying the great and increasing want of rolling stock on the Government railways. It is a well-known fact that, ever since the railways in this island have been opened, the supply of trucks has been quite insufficient for the needs of the system ; and as the lines are extended, and the traffic increases, the evil is becoming more and more seriously felt. All classes using the railways for the transmission of goods, grain, minerals, &c, have already suffered more or less inconvenience and loss from this cause, and will continue to do so even more severely, unlesss steps are taken at once to remedy this state of matters. Already the Government rolling stock is greatly overtasked, and with the completion of the main line between Ohristchurch and Invercargill, and the branch lines now in course of construction, will be still more so ; and it is quite certain that, owing to the heavy expenditure necessary to complete the lines at present being constructed, the proper equipment of the various lines with rolling stock will be even more neglected in the future thap in the past. There has been an inclination on the part of individuals to attempt to supply their special wants by providing their own trucks, but with no result, as the matter is one which can only be satisfactorily dealt with as a special line of business, Exactly the same state of affairs has been developed in England, the capital of the original companies has proved insufficient to maintain a proper supply of rolling stock in their lines, and individuals have been unable to supplement the defeci. Consequently, a large number of Waggon Companies have been started, which are now tending to engross this class of business into their own hands, with, in nearly all cases, very satisfactory results. The present Company is intended by the Provisional Directors to occupy exactly the same position as the Englisii Waggon Companies. The project has been submitted to, and after careful investigation, approved of by, the Government, and in order to offer private enterprise sufficient inducement to undertake this necessary work, it has been agreed to alter the rates of freight, so that foods carried in the Company's waggons will e allowed a rebate equal to one penny per waggon per mile. The above rebate has been fixed for a period of five years, but should the Government not be willing to extend it, they are to purchase the waggons of the Company at their then value. The business of the Company will be the building of raiLway and tramway rolling stock of every description, and selling or leasing the same to the Government, private railway companies, mineral companies, grain merchants, and others. The profits made by companies engaged in this class of business in England are very large. A statement extracted from Financial Opinion, of May, 1870, is appended, show*