New Advertisements. TO BOARDING-HOUSE KEEPERS, PUBLICANS, AND OTHERS. TO LET OR SELL, THE SHAMROCK HOTEL. ‘ That New, Commodious, Substantially-built, Family Hotel and Boarding House, at present" in the occupation of the undersigned. The property stands on Town section No. 36; is pleasantly situated at the corner of Childersstreet and Lowe-street, Gisborne, and commands an extensive view of the Water and Plains of Poverty Bay. It consists of a main three-story building, containing Commercial, and Dining Rooms, and Private Suites for Families. Thera are also nine spacious bedrooms, capable of accommodating 20 boarders. The Out-offices consist of a detached kitchen fitted with a first-class ‘Economist’ cooking range ; a compact and all necessary culinary arrangements required for a first-class business. A large well containing rain water, supplied from the main building, is sunk on the premises; substantially built with brick and Roman cefnent; it holds 1,600 gallons, and is fitted with a new pump. The Hotel FURNITURE, FITTINGS, and EFFECTS, will be taken at a valuation, separately, for cash. N.B.—A License has been granted to the Shamrock Hotel from the Ist of J uly next. For further information apply on the premises to WILLIAM DALY, Proprietor. PUBLIC MEETING OF RATEPAYERS. THIS EVENING. THE Ratepayers of the Poverty Bay Highway District are invited to attend a meeting to be held at the Music Hall on Wednesday, the 28th of May at 3 p.m. for the purpose of discussing the advisability of enlarging the boundaries of the district. M. HALL Ratepayer. THE POVERTY BAY PETROLEUM AND KEROSINE COMPANY. (limited). To be incorporated under “ The Joint Stock Companies Acts." CAPITAL—£SO,OOO in 10,000 shares of FfVE POUNDS EACH. Payments— Ten Shillinys per share on application and the balance as may be required. DIRECTORS: Chairman Esq Esq. Esq Esq. Esq Esq. BANKERS : SOLICITORS i BBOKERS: Auckland Napier Wellington Dunedin Nelson Christchurch SECBETABY: TEMPORARY OFFICES: 4. .... PROSPECTUS. r I ’HIS Company is to be formed for the pur•A pose of obtaining Petroleum and manufacturing kerosine therefrom, in the-Poverty Bay District. The land which it is intended shall be prospected for oil, is called or known by the name of the “ Pakeke a Whirikoka ” Block, and is situated about 30 miles from Gisborne. No engineering difficulties exist as to the formation of a road or tramway. Messrs. Cooper and Roes have obtained on favorable terms a lease of the above-named Block, from the Crown Grantees, for the term of twenty-one years. Mr. Roes, who has reported on the probability of striking payable oil, has had some yean experience in working Petroleum springs in Pennsylvania, America. Mr. Cooper is by trade an oil-refiner. It has for some years past been well known that Petroleum exists in great quantities on thia block of land, so far as is indicated by exudation of erode oil from the soil. The name of the block, “ Pakeke,” or the “ Whale,” shews that the natives have been long aware of the fact that an oily substance “hinu ” exudes from the earth in tins locality. It cannot of course be definitely said that payable petroleum will be found, yet, taking into consideration the fast tbs* in A meric* the slightest signs of oil- will induce capitalists to buy up land at enormous cost, and test the
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Poverty Bay Standard, Volume I, Issue 56, 28 May 1873, Page 3
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539Page 3 Advertisements Column 3 Poverty Bay Standard, Volume I, Issue 56, 28 May 1873, Page 3
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