PROSPECTUS PROSPECTUS OF THE OAMARU -«- COMPANY (LIMITED). CAPITAL £B,OOO, In 800 Shares of £lO each. Of whichitis proposed to call up £6 per share, viz. :—£l on application, £1 on alhtment, and the balance in calls of £2 per share at intervals of not less than three months. PROVISIONAL DIRECTORS : Hon. R. Campbell A. H. Maude, Esq., J. Reid, Esq. T. H. Brown, Esq. A. S. Otterson, Esq. A. I. Garland, Esq. D. Sutherland, Esq. Heber Newton, Esq. J. Barraclough, E3q. E. Collis, Esq. bankers : The Colonial Bank of New Zealand. J. O'Meagher, Esq. G. S. Lintott, Esq. J. Church, Esq. The objoct of this Company is to eroct in Oamaru, Buildings suitable for a Public Hall and Corn Exchange—the want of which has long been ielt by the residents of the town aud district. For this purpose the Provisional Directors can obtain the Freehold Section. 1, Block 111, fronting Wansb?ck and Tyne Streets, for the sum of £2500, which can remain, on mortgage for the term of five years at 8 per cent, interest per annum. The owner of the section has also agreed to advance a further sum of £IOOO on the same security if requiied. Tha position of the property—having regard to its vicinity to all thj Banks, and the most important business part of tho Town, is inu quailed, and must yearly increase in value. The Bnildings proposed to be erected, will consist of a Hall capable of seating 1000 people, and suitable for all public purposes, with stage accessories, &c. J also shops facing on Tyne andi Wansbeok Streets, and alcove tb,ese a suite of rooms which could be used as Offices, for a Club, or in connection with the Shops. Tho estimated expenditure, according to p'ans already prepared, including all inci- 1 dental expenses, will be £5500, aad the revenue to be derived may be stated thus : Rent of H$U. ,„ '" £4OO per annum. \ Efcnt. oi Four Shops, at £fiQ eaoh ... £240 „ Eent of Officios ... £IOO „ Rent of Corn Exchange £IGO ~ This shows, after deducting the interest (£200) on mortgage of a net revenue of £7OO, representing fully twelve and A half per cent, on the capital called up, and i\ may be confidently anticipated that the revenue will be largely increased from year year. ALL APPLICATIONS FOR SHARES to be sent to MR. J. CHURCH, 575 Tyns Street. FOR SALE AND TO LET JOR SALE—A small quantity of WASTE 1 PAPER, at this office. ABOUT 20 ACRES of Excellent Pasture LAND, immediately outside Town of Oamaru. Apply 568 GEORGE SUMPTER. npO LET OB LEASE for a terra of years - —Those PREMISES IN THAMESSITE E;ET at present occupied as a Restaurant by Mr. Earle, suitable for a Pastry Cook and Baker or Store and Bakehouse. Rent low : stock, fixtures, &c, at valuation. 529 TO FARMERS. FREEHOLD LAND FOR SALE AT THE LOWEST PRICES, And on the most liberal terms ever offered in New Zealand. TO SELL OR LET—--2Q,0Q0 Acres of Fine AGRICULTURAL LAND in South Canterbury, near Waimatp, in any sized Farms to suit purchasers. The Land consists of gently undulating limestone downs, well watered, and intersected by good roads. Terms—--103 per acre Cash 10s per acre in 12 months Balance to remain on fixed mortgage for any period desired up to 10 years,- at a very low rate of interest. Every facility will be given to intending purchasers to inspect the property. Such farms as may not be sold will be let for cropping at low rentals. This is a splendid opportunity for men of small capital to secure first-class farms in one of the finest agricultural districts in New Zealand. For further particulars, apply to the NEW ZEALAND LOAN AND MERCANTILE AGENCY CO., Limted, Christchurch, Timarn, Oamaru, 572 Invercirgill, or Dunedin. TENDERS TO CARRIERS. 4 LTERNATE TENDERS WANTED for CARTING 200 TONS of GRAIN (more or less) from Windsor Downs, Hakateremea, to Railway Station, North Waitaki, or from Upper Waitaki Bridge to Railway Station, Duntroon. N. LANE, £62 Oamaru. OAMARU HOSPITAL. LENDERS will be received by the under- - signed up to TUESDAY, 16th INST., for SUPPLIES for six months of— Groceries Medical Comforis Butcher's Meat Coal Forms of tenders and particulars to bejbtained at the office of J. CHURCH, 555 Secretary. fyiENDEKS WANTED, immediately— TO CART 1000 BAGS WHEAT (more or less) to MahenQ Railway Station from Kauroo. Teaders to be addre'sed to Thouas Roremson, Otepopo. 576 ANTED—TENDERS fox QUARRYING Thirty or Forty Thoiuami Fee* of STONE s,\ Fortification Quarries ; ajso, for CARTING same, at per foot, to Oamaru. —Tenders to close on 17th INST. —For particulars, apply to Jas. Markham, Queen's Hotel, 663
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1218, 12 March 1880, Page 3
Word Count
771Page 3 Advertisements Column 5 Oamaru Mail, Volume IV, Issue 1218, 12 March 1880, Page 3
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