Business Notices. PROSPECTU.S DUNEDIN GAS LIGEIT AND COKB COMPANY. Capital—£ls,ooo, In 3000 Shares of £5 Each. Calls not to Exceed £1 per Share,, To be registered under the Joint Stock Company1 * Act, with power to increase the capital. • Offices: —Switzer's Buildings, Princes-street. Provisional Directors: John Caksilt,, Esq., Chairman, Tnos, Dick, Esq. J. Switzrr, Esq. Henry Driver, Esq. Thos. J. Foksaitii, Esq. E. B. Ca'xo'ill, Esq. A. M'Landress, Esq. J. C. Oamhbwi.l, Esq. J Barker, Esq: Edwin Joi.es, ii!sq. E. DrCakle, Esq. Hugh Kirkpatriok, Esq. Bankers: Bank of New ZkalabD.' Solicitors: Messrs. Richmond and Gillies. Engineer and Projector: Stephen Hutchison, C. E., Late Engineer to the Melbourne and London Gbs Companies. Secretary and Promoter: Martin Sholi.,. ■ Late Secretary to the Geelohp and Melbourne. Railway Company. rnHIS Company has been formed to supply th« City _L of Dunedin and its inhabitants with Gas, at a reasonnb'e cost. The Company's Engineer, during his stay in Dunedin, has been enabled from personal observation to arrive at accurate details of the necessary expenditure ; and it has been ascertained that the works contemplated can be completed and placed in active operation for a sum within the proposed capital of. .£15,000, and within a period of fr.im three to four months from the time of completing the necessary preliminary arrangements. The great aud pi'i-inSne t improvement to trade and town property which will be renlized by the establishment of this Company has been fully recognised from the f.ict that upwards of -one-third of the capital ha» been subscribed within a few days; and as an early allotment of shares will take place, persons who may be desirous of becoming shareholders are requested to make application for shares without delay, as it is confidently expected that the Share List will be filled up in the course of another week. The proposed course of lighting will be Georgestreet, Jail-street, Princes-street, Jetty-street. ManFe-street, the Arcade, Hope-street, nnd portionsof Walker street, Stafford-strei-t, Hitrli-strcet, Rattraystreet, and Maclafi<ran-^treet; and no doubt can exist as to the highly profitable returns which will be secured from the mnnufucturing operations of this Company, in proof of which it may be mentioned, that on the main pipes of the most important and prosperous Ga< Company in the Colonies there is. only an average of 35 consumers to the mile of main laid down ; whereas, in Dunedin, the average will be about 100 consumers to the mile; it may therefore ba confidently anticipated that a return of £15 per cent on the capital invested will be realised, alter ample provision has been made to provide for repairs, and all contingencies. The necessary permission to lay down pipes throuffh the streets has already been obtained from the Town Board ; a period of six weeks will intervene between the calls of £1 each, of which duo notice will be given. STEPHEN HUTCHISON, C.E., Engineer and Projector. Late Engineer-in-Chief to the Melbourne Gas and Coke Company; Engineer to the Plymouth and Devonport Gas Companies ; Acting Engineer at the London Gas Works, &c. ■■■:.-': ; Applications for shares to be addressee: to the Provisional Directors, at the Company's offices, Switzer's Buildings, Princes-sti-eet, where,"on application to the Company's Engineer, plans of the works can- be seen, and any information required, obtained. PUBLIC NOTICE. Dunedin Gas Light and Coke Company. "VTOTICE is hereby given that the first allotment IN of Shares in this Company will take place on Wednesday next, the 11th day of June, and all parties desirous of securing shares are requested to forward their applications on or before that date. SrEPHEN HUTCHISON, C.E., Engineer and Manager. Offices: Switzer's Buildings, Princes-street. DUNEDIN ATHEN^IUM AND MECHANICS INSTITUTION President: . HIS HOSOR THE SuPEM*fTF.XDEST. npHIS Institution will be opened on the first of I June next. The object of its promoters has been to aSord to the subscribers the means of acquiring literary and scientific knowledge. It is. sought to attain th se ends by means of a Library aud Reading Room, aud lectures on Literature, Sciencet and Art. It is anticipated that the liberal manner in which the Committee have provided for the intellectual wants of the place, and the heavy outlay they have ventured to incur, will secure for them the cordial support of all classes of the inhabitants. THE LIBRARY. A small but valuable collection of Books has been obtained, and will at once be placed in circulation. Upwards of 2000 volumes are on the way out from England ; and it is expected that within twelve months nearly 4000 volumes of carefully selected and standard works will be available for the use of the members. Arrangements have also been made for receiving per mail, as pnblished, all new works of interest. THE READING ROOM will be supplied with the following : — Quarterlies. —The Edinburgh, Westminster, Quarterly, North British, and National Reviews. Magazines akd other Periodicals.—Blackwood, Frazer, Cornhill, Dublin University, Macmillan's, and Mechanics' Magazines. Art Journal, Athensßum, Chambers' Journal, Once a Week, All the Year Round. Illustrated London News, Punch, L'lllustration. Saturday Review, Examiner, Economist, Home News, European Times. Colonial Newspapehs.—The Otago, Canterbury, Wellington, and Auckland papers. Melbourne Argus, Herald, Age, and Journal of Commerce. Sydney Herald, and Empire. ' South Australian Advertiser. Hobart Town Mercury. Members will have the privilege of obtainiOg free admission to the Reading Room, for one month in every year, for any person being a non -resident or the captain of any vessel trading to the Port. The Reading Room will be open from 9 a.m. to 10 p.m. The Library from 10 to 12 a.m., And front 4 to 8 p.m. Terms op Subscription : Annual .. ... £2 2 « Quarterly ... 010 6 TO CAPITALISTS, HOTELKEEPERS, SPECULATORS, &.C. FOR SALE BY PRIVATE CONTRACT. JE MILLS has been favored with instruction* . from the Proprietor, to dispose of, by Private Contract, the remainder of the Lease (which has 4 veara to run from November 4, W62), of that, wellknown old established house °™us"'c*k RTOW THE MARINE HOTEL, RIVERTON. This Hotel commands thu best situation in the Town, being- within 100 yards irom tho Jetty, and immediately adjoining the Custom House Reserve. It is also well known to have enjoyed the best trade in The undersigned begs' to state that such a good op- ' nortunity for safe investment seldom occurs. For further information, apply to Robertson aud Co., Invercargill; or J. R- Mills, Riverton. Terms eisy. w=^^ai?g)HcSET the wmfort of a "When they can get OFFICE AND SHOP STOVES, At the low price of 15s. Gd., from the makers, at tfco IRON AND ZINC WORKS, High-street, Dunedi.n. N.B. —These Stoves maybe seen in action at M : J.Ryan's Hair Drawing Saloon, and sever*! otter i places i& Ui» Arcade.
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Bibliographic details
Otago Daily Times, Issue 177, 10 June 1862, Page 1
Word Count
1,101Page 1 Advertisements Column 6 Otago Daily Times, Issue 177, 10 June 1862, Page 1
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