Page 2 Advertisements Column 4

Oamaru Mail, Volume IV, Issue 882, 12 February 1879, Page 2

LATE ADVERTISEMENTS OAMARU CHAMBER OF COMMERCE. AUSTRALIAN INTERNATIONAL EXHIBITION, THE NEW ZEALAND GOVERN, MENT, having requested this Chamber to receive exhibits (or the above Exhibition, to be held in Sydney on the Ist of AUGUST, 1879, persons in the Waitaki District wishing to forward ARTICLES FOR EXHIBITION are re. quested to communicate with the Chai. <-'"'to (Mr. J. T. Evans), or the Secretary (Mr. W. J. Smith), from whom all parti, culars can be obtained. 307 OTEPOPO ROAD DISTRICT. NOTIFICATION OF THE VALUATION LIST. IAKE NOTICE.—THE VALUATION - LIST for the Otepopo Road District for the year 1879-SO is NOW OPEN for inspection at the office of the Board. All OBJECTIONS thereto must be left at the Schoolhouse, on or before the 15tii day of FEBRUARY, addressed to the | Assessment Court, and a copy of every such objection must be left at the Board's Office, not less than seven days before the next meeting of the said Court. (Signed) ALEXANDER PIRIE, Clerk to Board. Otepopo, Jan. 13, 1879. 79 ROSPECTUS I OF THE CATLIN'S RIVER FREEHOLD SAWMILL COMPANY, LIMITED. Capital, £25,000, in 5000 Shares of £5 Each. Five Shillings per Shave mil be payable on Application; Five Shillings on Allotment ; and Two Pound Ten Shillings in Five Calls of Ten Shillings each, at intervals of not less than two months. No further calls arc likely to be required for some time, and will only be made with the consent of the Shareholders. provisional directors : David Baxter (D. Baxter and Co.) George O'Dkiscoll (O'Driscoll and Co.) Keith Ramsay, Dunedin T. T. Ritchie, Dunedin James B. Thomson (M'Gill and Thomson) Robert Wilson (R. Wilson and Co.) N. Y. A. Wales (Wales, Stephenson & Co) W. T. Winchester Robert Andrew, Catlin River. bankers: Bank of New Zealand. solicitors : Stewart and Denniston. interim secretary. T. T. Ritchie. This Company is projected with the view of acquiring that extensive and valuable Property known as the Catlin's River Sawmill, and through increased Capital extending the hitherto limited operations carried on for a number of years with a very considerable amount of success by private enterprise. The natural advantages pertaining to the property are unequalled, being situated in the heart of the most extensive bush country in the South of New Zealand, where all varieties o£ timber are easily obtainable, and having a water frontage for many miles to the Catlin'a River and Lake—the former being navigable at present for vessels drawing Bft., but when contemplated harbor improvements are made by Government, for which the requisite money has been voted, vessels drawing 10ft. will be able to load at the Mill Jetty. In connection with the Sawmill there are 1230 acres of valuable feehold, which, Injudicious selection, commands beyond risk ot interference great extent of thickly timbered country. This freehold has a river frontage of 2$ miles, and after the timber lias been removed, if cut \ip into suitable sized sections, will readily sell at a high figure, and yield a very handsome profit indeed to tho Com-, pany. The whole of the machinery and working appliances are in first-class order, and for . some time past the average quantity of timber disposed of has been 200,000 ft. per month, but with additional appliances thia quantity can be largely increased to meet the growing demand for timber throughout Nev Zealand, and which can bo delivered at Jhe various ports at a price giving a profit of at least 3s per 100 ft. The proprietor has agreed to dispose of his interest in the property (all orders on hand to bo transferred to the Company) f#' L 13.200, to be paid in 400 shares, L 3 per share paid up, and the balance payable in cash by instalments. The vendor will take 500 shares, paying ' all calls 'as made, and binding himself (if required) not to dispose c{ these shares for two years. The Provisional Directors have very carefully gone over the books of the Vendor for ? past 12 months, and they have no hesitation in saying that this will prove a bond ' fide investment. The property has just been ' valued by competent parties, and there, CM) be no doubt the price asked is exceedingly moderate, and that very handsome returns, on the capital invested' will be at once ob ; - tainable, -The, fact of the Vendor taking 7 500 ordinary shares' in the Company, shows his faith in the remunerative prospects of the concern. t It is almost unnecessary to point out the D large and increasing demand which exists " for Building Timber, and in particular the ■ great value of Black Pine for railway works, r , &c. Most of the timber cut at Catlin'a River has been shipped direct to Oamaru, ' Lyttleton, &c, and when the improvements f to the navigation of the river already men- , tioned are carried out, and larger vessel? enabled to enter, timber will be landed »t the va.-ious ports at a much lowejr. rate of freight, thus giving increased profits, or if necessary, enabling the Company to meet on equal terms any possible competition. | The projected line of railway to Catlin a J River, when carried out by Government, and - there is every prospect of its being among the first of the Branch Lines to be con. structed, will enable the Company, in addition to the seaports, to supply the inland districts with timber. Telegraphic com- ! munication will shortly be opened with thf district, thus greatly facilitating busineS 1 arrangements all over New Zealand. The Provisional Directors, while they do not bind themselves to allocate shares to all ' appUcants pro rata, will, so far a ? they C W veniently can, adqpt that principle.. Application for Shares may be made to the Managers of the various branches of tho ; Bank of New Zealand, and to the. Interim j Secretary, Dunedin, up to 4th March. Nearly half of tho Shares are already 1 taken up, and the Company will be registered 1 and business commenced immediately. Note.—Since this Property has been put under offer by the vendor, the Mill-house has been burned down, and part of the machinery damaged; but the wbole being fully covered by insurance, ■\yill be replaces ' within a few weeks at the expensei of the vendor in a more eligible and conyeni en t position; and with, improvements contemplated, and new machinery, tho producing ; power will be very considerably increased, ' and at a much lessened cost. 372 WHOLESALE AND RETAIL FISH ESTABLISHMENT, Thames-street. Next door ta Mr. Edwards, Chemist. Proprietc r: JOHN TUNNAGf. Fish of every desqilption in season guartß* teed Fresh- end cold at Dunedin Prices. Stewart's Island and Native Oysters »* Eune lin Prices, S. PRATT, 385 ' MM>M* r >