Page 1 Advertisements Column 1

Oamaru Mail, Volume III, Issue 795, 29 October 1878, Page 1 (Supplement)

land, and bwnchss, f from Mr. J. A. Mackenzie, the Company*3 broker, or Mr. W. J. Smith, Oa);ia.ni. STATEMENT SI THE SHARK COMPANIES AS QUOTE! I, WING VALUE OF BIN THE WAGGON S T (IKEAT BRITAIN E IN" "FINANCIAL OPINION" FOfil MAY, IS7B 20 10 us 20 20 27i 20 15 17 of Paid. Present liares. Value. .ClO £lO £l7l Brown, Marshall, and Co. (Limited) • » J '. Railway Car Company (Limited) 5 o 04 Ktarnuck Car and Waggon Companv 10 10 1S Bristol and South Wales Waggon Company (Limited).. ..10 4 /J British Waggcm Company (Limited) .. . • ■■ 20 10 Us North Central Waggon Company 20 20 27i Shcfflo'd Waggon Company .. 20 15 1/ Yorkshire Railway Waggon Compnnv 10 10 14 BristolSVaggonWorks Company 20 10 11| The dividends paid by the above-men-tioned companies have ranged from 9 to 20 per cent, per annum. 99° ICTUS OF THE NEW ZEA- ■~" LAiNU LAN'I) AND LOAN COMPANY (Limited). (To be incorporated under the Joint Stock Companies Act, JBf>o.) Capital £1,000.000, In 200,000 Shares of €5 each, with power to increase. 100 000 Shares are proposed to be placed in Nt.w Zealand, and 100,000 to be reserved for subscription in tin- United King-lorn. Pkopokkp Cam S : 2s fid per Share on applicarion ; 2s 6d .per Share on allotment ; 2s Gd per Share two months after allotment ; 1 and 23 6d per Share four months after allot nient : six mouths' notice to be given of any further calls. Provisional Directors : ' The Hon. Wm. Hunter Reynolds, of Hun- ; edin M L.C. of New Zealand ; the iion. John Martin, of Wellington, M.L.C. of New 1 Zealand ; the Hon. John Ballance, Colonial Treasurer of New Zealand; the Hon. RoHert Stout, Af-oiney-General of New 1 Zealand; James Allen, Esq., of Dunedin ; ' C. Julius Toxward, Esq., Surveyor, Wel--3 lim'ton ; Thomas Whyte Young, Esq., 3 Merchant, Wellington ; Robert Greenfield, " Esq., Merchant, Wellington, Bankers: 3 The Bank, of Australasia. Solicitors : Messrs. Sievwright and Stout, Wellington. r Surveyor and Valuator : C. Julius Toxward, Esq , Wellington. B Interim Secretary : 1 William Sievwright, Esq., Solicitor, Wellington. I Teuporary Offices : c Lloyd's Rooms, Brandon-street, Wellington. 0 This Compary is tormed for two objects : a Ist, and chiefly.—For lending money at 0 curren; rates of interest upon the a security of landed property situ-. e ated in New Zealand ; and '" 2nd.—For inquiring, when deemed adII visable. landed property situated in '" or to cities or towns, or centres of population, in the Colony e of New Zealand, and thereafter e ■ soiling * again in whole or in lots l " as may suit purchasers. \ With a fast-increasing population both in town and country a very fine climate, and il " land of groat fertlity opened up by the con--0 struction of roadi and railways, there is an ". almost incxhausliblo tiold for the profitable j, ',l vestment of moiey in the manner proposed , by this Compair.', mi-1 it is one very little r occupied. This (Vnmiany intends to occupy ,! ? that field, and to off rio the public—par- * (-.if.nln.rlv to farmtr-snitliir.ii and the working that, field, and to ticularlv to farmer- , population generally—•facilities for acquiring property, and for ertetiutC houses, or effecting other substantia', improvements thereon, 0 on reasonably moderate tevms. And the -■> Company can do so profitably to the share'r holders, while at the name time help is given 0 to people who are willing to pay adequately 1 for the advantage and accommodation offered. 1 In no case will money be lent otherwise £ than upon the security of landed property, a safe margin being always kept. The system which prevails all over, the e Colony in the buying'of land is that of 1 deferring payment of the price—so much , being paid as a deposit when the purchase is made, and the remainder by bills for inf stalments, spread over a limited period of : from one to three vears, the title being only r granted when the pries is fully paid up. ' This Company, inconsequence of being in a \ position to pay in cash at once, will certainly 1 be able to buy property on much more favorable terms fcnan buyers on deferred f payments ; and it is certain that, by the exercise of ordinary care, a safe and very profitable kind of business can be done by f buying land and selling again in lots to suit purchasers. ' It is very well known that companies in '.. New Zealand having objects similar to ' thofio of this Company have been able, notwithstanding very limited resources, not 13 -mly to pay large dividends, but also to add to capital. it ik lot intended to call up more than LI per :-hli 1, at the outset at least. The promoters consider that, with 10s. per share paid up the Company may make a iair beginn-ng ; and they confidently anticipate hat besides paying a good dividend to the shareholders, the Directors will also, by judicious investments in landed property, be able from time to time, oub of profits, to ' make additional capital. Tie turn over of " capital will be quick, and there will no doubt be available roon a considerable 1 amount of money from deposits made by - 1 people both at Home and in New Zealand, 1 so that a large paid-up capital is not necessary. 3 Prospectuses, with forms of application for shares, may be obtained at the Office of the Company, or from the bankers at the ! Wellington Office, or at any of the branches, and the memorandum and articles of asso- ' ciation may be seen in the hands of the ■"*- allotment be made, the deposit had witl/out any reduction. randon-street, WellingI lON TOR SHARES. r...£CTOUR OK LAND AND LOAN COM(LIMITED). ivy, I request that yoa will arcs ; and 1 hereby underanv less number of Shares p, and to pay We Calls or rrbis of your Prospectus, ed by the Bankers, and by MvER'S li£e:-:i!T.