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Business Notices. PROSPECTUS k DUNEDIN GAS LIGHT AND COKE j COMPANY. Capital—£ls,ooo, In 3000 Shares of £5 Each. Calls not to Exceed £1 per Share, To be registered under the Joint Stock Company's Act, with power to increase the capital. Offices:—Switzer's Buildings, Princes-street. Provisional Directors: JonN Cargill, Esq., Chairman, Thos. Dick, Esq.. J. Switzeu, Esq. - Henry Driver, Esq. Tnos. J. Forsaitii, Esq. E. B. Cargill, Esq. A. M'Landress, Esq.. J. C. Campbell, Esq. J Barker, Esq. Edwin Jones, Esq. • E. De Carle, Esq. Hugh Kirkpatriok, Esq. Bankers : . Bank of New Zealand. Solicitors: Messrs. Richmond and Gillies. Engineer and Projector: Stephen Hutchison, C. E., Late Engineer to the Melbourne and London Gas Companies. Secretary and Promoter : Martin Sholl, Late Secretary to the Geelong and Melbourne Railway Company. THIS Company has been formed to supply tha City of Dunediu and its inhabitants with Gas, at a reasonable 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 aud placed in active operation for a sum within the proposed; capital of £15,000, aud within a period of from, three to four months from the time of completing the necessary preliminary arrangements. . ' The great aud permanent improvement to trade and town property which will be realized by the establishment of this Company has been fully recognised from the 'fact that upwards of one-third of the capital has 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 a 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. Manse-street, the Arcade, Hope-street, and portionso'f Walker street, Stafford-street, Hiarh-street, Rattraystreet, aud Maelaggan-street; ahd no doubt can exist as to tbe highly profitable returns which will 'be secured from the manufacturing operations of thii Company, in proof of which it may be mentioned, that on the. -main .pipes of the most" imDortant_anil — prosperous Gas Company m 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 be confidently anticipated tliat a return of £15 per cent . on the capital invested will be realised, after ample provision has beenmade to provide for repairs, and all contingencies. The necessary permission to lay down' pipes through the streets has already been obtained from the Town Board; a period of six weeks will intervene between the calls of £1 each, of whichdue 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 addressed to the Provisional Directors, at the Company's offices, Switzer's Buildings, Princes-street, where, on application to the Company's Engineer, plans of tne works-can be seen, and any information required, obtained. "VTOTICE to Americans.—Buck Wheat Cakes _ITN can be had at the Cafe de Paris, Jetty-street. _ CITY FURNISHING WAREHOUSE, High-street, opposite Mr. Mercer's Store. H. PULFORD & CO, BEG to announce that they have opened.the above Establishment, which will be found the CHEAPEST HOUSE IN DUNEDIN. Furniture, Furnishing Ironmongery, Bedding," Mattresses, &c., supplied to order on the very shortest notice, and to the entiro satisfaction oi parchasers. DUNEDIN ATHENEUM AND MECHANICS INSTITUTION President: His Honor the Superintendent. THIS Institution will he opened on the first of June next. The object of its promoters has been to afford to the subscribers the means of acquiring literary and scientific kuowledge.,_ It is sought to attain th se ends by means of a Library and Reading Room, and lectures on Literature, Science, and Art.' ■ ;, . . .; y y , ,■ It is anticipated that the liberal manner in whioh the Committee have provided for the .intellectual wants ofthe 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 beeu 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 published, 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 and other Periodicals.—JJlackwood, Frazer, Cornhill,..Dublin-University, Macmillan's, and Mechanics' Magazines. Art Journal, Athenaium, Chambers' Journal, Once a Week, . All the sfear Round. Illustrated London News,

Punch, L'lllustration.. Saturday Review; Examiner, Economist, '. Home News, European Times. Colonial Newspapers.—The Otago, ; ; Canterbury, Wellington, and Auckland papers.r Melbourne Arms, Herald, Age, and Journal of Commerce. Sydney-Herald, :and Empire. South Australian Advertiser. Hobart Town Mercury.' •-i 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 from 4 to 8 p.m. Tebms of Subscription : Annual .. ... £2 2 o Quarterly 0 10 6 TO CAPITALISTS, HOTELKEEPERS, SPECULATORS, kc. FOR SALE BY PRIVATE CONTRACT. JU MILLS has been favored with instructions . from the Proprietor, to dispose of, by Private Contract, the remainder of the Lease (which has 4 years to run from November 4, 18G2), of that wellknown old established house of business, THE MARINE HOTEL, RIVERTON. This Hotel commands th«,bcst situation in tho Town, being within 100 yards from the Jetty, and immediately adjoining the Custom House Reserve. It is also well known to have enjoyed the best trade in Riverton. The undersigned begs to state that such a good opportunity for safe investment seldom occurs. Vov further information, apply to Robertson aud Co., Invercargill; or J. R. Mills, Riverton. Terms easy. WHO WOULD BE WITHOUT tho comfort of « WARM ROOM," When they -can get OFFICE AND SHOP STOVES, At the low price of 15s. 6d., from the makers, at the IRON .AKD_...Z.lir.C__W.Oja.KS, . High-street, Dunedin. N.B.—These Stoves may he seen in action at M J. Ryan's Hair Dressing' Saloon, and several oth« places in the Arcad*.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18620612.2.2.6

Bibliographic details

Otago Daily Times, Issue 179, 12 June 1862, Page 1

Word Count
1,101

Page 1 Advertisements Column 6 Otago Daily Times, Issue 179, 12 June 1862, Page 1

Page 1 Advertisements Column 6 Otago Daily Times, Issue 179, 12 June 1862, Page 1

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