Page 1 Advertisements Column 5

Patea Mail, Volume V, Issue 433, 7 June 1879, Page 1

Notices. PROSr E G T U S OK SSIS 3E.ja.8T23 COmZ’&lil? (Limited). To he incorporated under ” The Joint Stuck Companies Act, 3SUO.” CAPITAL jfiSQQOp. In 10,000 shares of £5 each, with power to increase. PROPOSED GALLS: 5s per share on application ; 5s per share on allotment; lOs per share two months after allotment; 10s per shave four months after allotment; ami 10s per share six mouths 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., Waiiara Captain Coknwall, Taranaki A. Staxwikh, Esq., Barrister, New Plymouth IT. L. Sheet, Esq., Surveyor, New Plymouth IT, J. Honeyfield, Esq., New Plymouth ,TaV.x.iiu.s's, Esq., Taranaki BANKERS: This Bank, of New- South Wales SOLICITORS ; Messrs Standish & Hughes, New Plymouth, MANAGING DIRECTOR: IT. Lufkin Skeet, Esq., New Plymouth. OFFICES: Devon-sxueet, New Plymouth. THIS Company is fanned solely for the object of rmd Ticselling Lands in the Provincial District of Taranaki. mab j- transactions. in land 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 arc not always in a position either to secure the best market or wait for a favorable opportunity to sell. The results achieved by similar Com panics 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 docs, 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 but 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 those means endeavor to improve their properties with the idea of increasing their marketable value. The Company also propose, in certain instances, to offer laud 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 rc-sule. The Provisional Directors propose securing as the Managing Director a practical surveyor of considerable colonial experience, 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. t All communications to be addressed to the Managing Director, New' Plymouth, Taranaki. 435 195 FOR SALE, ; ACRES First-class Land in the Whakamara Block. Terms Easy. • W. DALE, 548J14 Auctioneer