Page 3 Advertisements Column 5

Oamaru Mail, Volume IV, Issue 884, 14 February 1879, Page 3

PUBLiC NOTICES r> r o CATLIN'S RIVER i-'UEKHOLI) HAWMILL COMPANY, LIMITED. Capital, £25,000, rx"5000 Shakes of £i Each* Five Shillings per Share will be payable or ■ Application ; Five Shillings on Allotment: and Two Pomiil 'lV;ii in Five L'ttlia of Ten Shilling:' each, at intervals of not 1e33 than two months. No further calls are 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'Driscoll (O'Driseoll and Co.) Keith Ramsay, Dunedin T. T, Ritchie, Dunedin James B.Thomson (M'GillandThomson) 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 axd Denniston. jnt2kim secretary. 1 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 of timber are easily obtainable, and having a water frontage for- many miles to the Catlin's River and Lake—the former being navigable at present for vessels drawing Sft., 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 fcehold, which, by judicious selection, commands beyond risk of interfer&iice great extent of thickly timbered country. This freehold has a river frontage of 2$ miles, and after the timber has been removed, if cut up into suitable sized sections, will readily sell at a high figure, and yield a very handsome profit indeed tc. the Company. The whole of tho machinery and working appliances are in first-class order, and for sonic time past the average quantity of timber disposed of has been 200,000 ft. per month, but with additional appliances this ouantity can be largely increased to meet the growing demand for timber throughout NewZealand, and which can be delivered at the various ports at a price giving £ profit of at least 3s per 100 ft, The propriety,;', has agreed to disj>ose of his interest i*V the property (all orders on hand to- be transferred to tho Company) for L1.%200, to be paid in 400 shares, L 3 pershare paid up, and tho balance payable in cash by instalments. The vendor will take 500 shares, paying rvll calls as made, and binding himself (if required) not to disjjoseof these shares for two years. The Provisional Directors have very carefully gone over the books of the Vendor f orpast 12 months, and they have no. hesitation in saying that this will prove a bond Jide investment. The property has just been valued by competent parties, and there can he no. doubt the price asked is exceedingly moderate-, and that very handsome returns. on the capital invested will be at once obtainable. The fact of the Vendor taking 500 ordinary shares in the Company, shows his faith in the remunerative prospects of the concern. It is almost unnecessary to point out the large and increasing demand which exists for Building Timber, and in particular the great value of Black Pine for railway works, &c. Most of the timber cut at Catlin'a River has been shipped direct to Qamaru, Lyttleton, &c, and when the improvements to' the navigation of the river- already mentioned are carried out, and larger vessels; enabled to enter, timber will be landed at the various ports at a much lower rate of freight, thus giving incrorised. profits, or if necessary, enabling the Company to meet on equal terms any possible competition. The projected line of railway to Catlin's River, when carried out by Government, and there is every prospect of its being among the first of the Branch Lines to be constructed, will enable the Company, in addition to the seaports, to supply the inland districts with timber. Telegraphic communication will shortly be opened with tho district, thus greatly facilitating business arrangements all over New Zealand, The Provisional Directors, while they do not bind themselves to allocate shares to all applicants j.ro rata, will, so far as they conveniently can, adopt tha,t principle. Application for Shares may be made to the Managers of the various branches of the Bank of New Zealand, and to the Interim. Secretary, Dunedin, up to 4th March, Nearly half of the Shares are already taken up, and the Company will be registered , and business commence/,! immediately. Np,te.—Since this Property has been put under offer by the vendor, tho Mill-house has been burned down, and part of the machinery damaged ; but tho whole being 1 fully covered by insurance, will be replaced within a few weeks at the expense of the vendor In a more eligible and convenient : position; and with improvements contemplated, and new machinery, the producing power will be very considerably increased, and at a much lessened cost. 372 The Proprietor of the NORTHERN ..HOTEL, Having made arrangements for a constant supply of the above during the Summer months, trusts that his enterprise will be appreciated by the public. All kinds of AMERICAN ICED DRINKS on tl a Shortest Notice. 38S G. H. AMOS. TO FARMERS. ug-ESSRS. LINTOTT &. OTTERSON are CASH PURCHASERS of BARLEY. OAMARU BREWERY, 392 Ribble-street. OAMARU PUBLIC BATHS COMPANY (LIMITED). THE BATHS are now OPEN to the PUBLIC. Hours : Gentlemen, sunrise to 2 p.m., and 4.30 p.m. i to sunset. Ladies, 2 p.m. to 4.30 p.m. Single Bath, 6d ; Children, 3d- 1 W J. SMITH, IX4 Secretary. A CONSULTATION on the above event will be held by 3000 Subscribers at £1 each, to be divided as follows : First prize .., ...£I2OO Second prize ... ... 500 Third prise 300 Starters (divided) ... 500 Non-starters (divided)... SGQ £3OOO Crossed cheques, -with exchange (Is) added, and stamp for reply and; result. Early application necessary. .>.'■■ ■■■; -•''-' , ■-• ■'■ -GEORGE DODSON, . Treasurer. Address— Box 2X 4 Port Chalmers;