Page 3 Advertisements Column 4

Oamaru Mail, Volume IV, Issue 986, 17 June 1879, Page 3

PUBLIC NOTICES PROSPECTUS OF THE O AMARU CROWN FLOUR MILLS AND BAKING COMPANY (limited). CAPITAL - - - £50,000, In 10,000 Shares o£ £5 each, (Of which it is proposed at present to call up no more than £2 10s.) Payable —10s on application, 10s on allotment, 10s in three months, and in calls of not exceeding JOs per share, and at intervals of not less than three months, until the amount of £2 10s has been paid. Shareholders may elect to pay £2 on allotment, in whicli event they "will be allowed discount at the rate of 10 per cent, per annum, for the period between the time of payment and the time when future calls are payable.

PROVISIONAL DIRECTORS : John Barraclough, Esq. A. H. Maude, Esq. Edwin Collis, Esq. TV.H.Ronayne,Esq T.C.Dennison,Esq.C.E. G. A. Sutton, Esq. A.A.Fleming,Esq.M.D. H. Watson, Esq. Herbert Edwards, Esq. SOLICITORS : Messrs. Hislop and Creagh. BANKERS: Colonial Bank of New Zealand. LOCAL AOENT : George Siimptcr.

This Company is formed for the purpose of combining tlip Milling apd Baking Trades upon an extensive scale, thereby reducing the cost of bread to the consumer to the lowest possible price, and at the same time securing a sure and ready cash market for the Flour produced at the Company's Mills. The Provisional Directors have arranged for the taking over l>y the Company, after its incorporation, of—(1.) The interest of J. T. Evans and Co., in the Lands, Buildings, and Premises owned or occupied by them if! QfimarU; (2.) The Business and Assets of Messrs. J. T. Evans and Co., Millers and Grain Merchants, Oamaru, for the sum of £7OOO, of which £2500 is payable within six months, and the balance (£4500) in ISOO shares of

the Company, with £2 10s paid up. A valuation of the buildings and lands has been made by Mr. Johnston, Architect; of the machinery by Messrs. Jack, Steel, and Hendry ; and of the other assets by Messrs. John Locke and John Church. The amount of £7OOO has been arrived at by deducting the amount of tiie liabilities from tho total of the valuations and by adding the amount of £2OOO on account of goodwill and preliminary expenses of formation of Company, which are to be paid by vendors.

The vendors are willing to retain the management of the business for three years, and are willing (in tlie event of the directors leaving such management to them) to guarantee interest on the paid up capital at the rate of 10 per cent, per annum for that period, The Crown Flour Mills are situated in the centre of Oamaru, and have direct railway communication, thus reducing the cost of carnage to a minimum. The Mills contain five run of mill stones, fitted with the best English and American Dressing Machinery, and from their situation and completeness are undoubtedly the best milling property in New Zealand. They are in full operation, producing llour which has established a first-class reputation in the chief New Zealand markets. The Mills consist of a substantfal fourstoreyed stone building 120 feet long by 54 feot broad, with engine and boiler house, bran, store, du3t, and smut room, coal shed and workshop attached, and provide storage space for 30,000 bags of grain. The Engine, a compound tandem by Messrs. Musgr.'ive and Sons, of Eoulton, England, is pronounced by competent judges to "be one of the finest in the Colony, and the boiler is fitted with a "Greens Patent Economiser," effecting a saving of 25 per cent, in fuel.

Tlip. Motive Power and Building are designed for a 10-run mill, enabling the Company, at small expense, to add to the number of stones, &c., as their business increases. It is proposed to erect bakehouses at once, and to supply bread in Oamaru, Dunedin, Timaru, and intermediate towns at the lowest possible cash price, thus securing the Company a cash sale for their flour at market rates, and, by saving the baker's profit, reducing bread to a price which cannot fail to prove a great boon to all householders. The Provisional Directors have every condence that the public will support this undertaking, providing, as it does, both a profitable investment for their captital, and a reduction in the cost of the most necessary article of daily use. 864

J. L E N N 0 N, FISHMONGER, OAMARU. Establishments : Ori-ofUTE the Commercial Hotel, AND THE PrEMTSES LVTELY OCCCTMED BY Mr. Tu>*nac:e, Thames - street. TV. J. L., having found it necessary to increase the facilities for procuring Fresh Fish, has

EE - OPENED THE SHOP IS WHICH MR. TUNNAGE FOR SOME TIME CARRIED ON BUSINESS AS FISHMONGER, The position of which will be found especially convenient to the public. DAILY ARRIVALS OF EVERT KIND OF FISH IN SEASON, INCLUDING OYSTERS. 743 Gi RAND ART UNION of PICTURES, CONSISTING OILPAINTINGS, OLEOGRAPHS, CHROMOS, STEEL ENGRAVINGS, FERNS AND MOSS, Valued at Two Hundred Pounds, The whole of which will be disposed of byArt Union for little more than half their value, namely, 120 MEMBERS at ONE GUINEAS EACH.

These Pictures are now on view at Mr. G. Greenfield's Mart, Tyne-street, and will be drawn for when the list is full. The drawing will be conducted by a committee appointed by the members, on the same principle as the Art Union in London. Aa there are SIXTY-THREE PRIZES and only 120 members, the drawing will, no doubt, take place shortly. Every member will be advised of the time and place of drawing. G. GEE ENFIELD, Treasurer. From whom Tickets can be obtained. 784 BANKRUPTCY NOTICE.

Ia the Estate of HENRY NORTON. I HAVE this day Filed, in the District Court, Oamaru, REPORT and STATEMENT of ACCOUNT in the above Estate. The Dividend 'will be payable at my office on and after MONDAY NEXT, 16th JUNE, to all Creditors who have proved their claim 3. GEORGE SUMPTER, Trustee. 13th June, 1879. - .909