Page 3 Advertisements Column 3

Patea Mail, Volume V, Issue 421, 30 April 1879, Page 3

Waveriey ££aZe ITardtea FRIDAY, MAY 2. 171 REEMA N' B. JA CKS ON jj will sell by Auction as above—--30 Hoad 2-year-old Steers 20 Head Mixed Cattle 800 Shorn Lambs Sale at 1 o’clock. Settlers will kindly forward their entries. FREEMAN R. JACKSON, 479 Auctioneer. PROSPECTUS OF THE TAHiLUTiLKI LAN 3 COMPANY (Limited). To be incorporated under “ The Joint Stock Companies Act, 1860.” CAPITAL £SO 000. In 10,000 shares of £5 each, with power 10 increase. PROPOSED CALLS: 5s per share on application; 5s per share on allotment; 10s per share two months after allotment; 10s per shave four months after allotment; and 10s per share six months after allotment. Further Calls to be made at intervals of not less than two months, as the Directors may appoint.

PROVISIONAL DIRECTORS : Thomas Bayly, Esq., Waitara Captain Cornwall, Taranaki A. Standish, Esq., Barrister, New Plymouth H. L. Skeet, Esq., Surveyor, New Plymouth H. J. Honeyfield, Esq., New Plymouth James Watkins, Esq,, Taranaki BANKERS : The Bank of New South Wales SOLICITORS : Messrs Standish & Hughes, New Plymouth. MANAGING DIRECTOR: IT. Lufkin Skeet, Esq., New Plymouth. OFFICES: Devon-street, New Plymouth. THIS Company is formed solely for the object of Building and Reselling Lands in the Provincial District of Taranaki. It is clear that transactions in Jand may be fur more profitably entered upon by a Company than by private individuals, who, from want of sufficient capital, through imperfect management, and from other causes, are under great disadvantages, and are not always in a position either to secure the best market or wait for a favorable opportunity to sell.

The results achieved hy similar Companies in other parts of the Colony show that investments of this kind are more lucrative than any others undertaken by Joint Stock Companies. The District of Taranaki, possessing as it does, a magnificent climate and some of the finest land in New Zealand, offers peculiar facilities for a judicious investment of capital; whilst its steadily increasing population and progressing railways and roads, by which an extensive hut hitherto, comparatively speaking, inaccessible public estate is almost daily rendered more available for settlement, present unusual advantages for a remunerative disposal of lands acquired at an early stage. A slight expenditure in the way of improvements, or a judicious subsidy to assist local Road Boards in opening up thoroughfares, will frequently insure a profitable sale, and, where advisable, will by these means endeavor to improve their properties with the idea of increasing their marketable value. The Company also propose, in certain instances, to offer land on a system of deferred payments, thereby securing absolute settlement and a regular income. This system, it is believed, will tend to increase the value of other lands held by the Company, and secure a class of purchasers who by circumstances may be unable to pay at once a heavy purchase price. Lands in some instances will be subdivided, and sold in lots to suit purchasers. It will be the aim of the Company to purchase, as far as possible, their properties direct from the Crown, in order that both their clients and themselves may derive the greatest possible advantages from direct purchase and re-sale. The Provisional Directors propose securing as the Managing Director a pracica 1 surveyor of considerable colonial xp erience, possessing also a thorough knowledge of the lands in the District. It is not proposed at the outset to call up more than £2 per share; this will enable the Company to make a fair beginning, and afterwards profits may either be added to capital, or a dividend declared, and further calls made. Deposits can be made at any Branch of the Bank of. New South Wales, where Prospectuses and Forms of Application for shares can. be obtained. All communications to be addressed to the Managing Director New Plymouth, Taranakii ' 435 , Young Ladies School/ Carlyle;. ■ft /r ES OR CHAM) will' OPEN jLVx SCHOOL on Wednesday, April 2Bfd, at 10 aimr ‘ : ‘ : 465tc