For Sale. qpHE RUANGAREHU BLOCK, abouFOUR MILES inland from Tokomaru Bay on the East Coast. The Block contains 6970 acres, of well-grassed and wooded undulating land, and is splendidly adapted for a Sheep or Cattle Run. Tlie Title is Freehold, the land having passed through the Native Land Court; and the owner guarantees to obtain all the necessary signatures to make it indefeasible. For further particulars, apply to — HEN ARE POTA.E, OR AT THE 250 STANDARD OFFICE.
THE Gisborne Gas Company [to be registered.] CAPITAL : £lO,OOO, in 2,000 Shares of £5 each. Five Shillings per Share to be paid on application, and Five Shillings on allotment. Calls are not likely to be more than Five Shillings per Share, but shall not in any case exceed Ten Shillings per Share, nor occur at less intervals than one month. The Directors will be empowered te receive Calls in advance, and allow interest at the rate of Six per centum per annum from the date of Registration of the Company. DIRECTORS : William Adair Henry Boylan William Clarke Andrew Graham William Maude John Henry Stubbs William Henry Tucker Samuel Mason Wilson BANKERS : Bank or New Zealand. SECRETARY: Henry Haase. OFFICES : 4, Nasmith’s Buildings, Gladstone Road. THE promoters of this undertaking are fully impressed with the idea that the time has arrived for the profitable establishment of a company to provide the Borough with Gas. They are fortified in their opinion by that of Mr. E. B. Parsons, of the Auckland Gas Co., Mr. J. R. George, of the Wellington Gas Co., and of other practical men. Some valuable statistics have also been obtained by personal canvass, which conclusively show that the proposed company’s business will commence with a demand to the extent of at least 10,000 cubic feet per diem • which will be a dividend-paying quantity. The Directors have several sites under their consideration, the conditions of which are suitable water frontages for shipping, with position for ready access to consumers. It is proposed to erect works suitable for manufacture of Gas from Coal, and to have also the small additional plant necessary for utilising the Gas developed in the manufacture of Anti-friction Grease and Paraffin from the mineral lately discovered in the South Pacific Petroleum Company’s ground, the late experiments having proved its suitability as a Gas-making material. The development of this industry from the latter material may therefore become one of great importance to the district, and should satisfactory arrangements be made with the Directors of the South Pacific Petroleum Company, the Gas necessarily evolved from the manipulation of the Paraffin mineral can be saved to the benefit of the consumers and laboring population. Forms of Application can be obtained from the Secretary, 4 Nasmith’s Buildings, Gladstone Road, Gisborne, to whom applications for Shares are required to be sent. FORM OF APPLICATION. To the Directors of the Gisborne Gas Company (to be registered). GENTLEMEN, —I request you to allot meShares in " The Gisborne Gas Company (Limited),” and I hereby agree to accept the same (or any less number that may be allotted to me), and I enclose the sum ofbeing the required deposit of Five Shillings per Share. Name Usual Signature Occupation Postal Address Date 176
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/PBS18810907.2.24.3
Bibliographic details
Ngā taipitopito pukapuka
Poverty Bay Standard, Volume IX, Issue 976, 7 September 1881, Page 5 (Supplement)
Word count
Tapeke kupu
534Page 5 Advertisements Column 3 Poverty Bay Standard, Volume IX, Issue 976, 7 September 1881, Page 5 (Supplement)
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.