Page 3 Advertisements Column 3

South Canterbury Times, Issue 2642, 8 September 1881, Page 3

Futolto. Noticed. PROPERTIES. JjlOR SALELAND AND FARMS— ' 4000 Acres, Hakateramea, native grass 2000 Acres, Hakateramea, partly cultivated ~ 3200 Acres, Lower Hakateramea, partly cultivated . 2600 Acres, Ash wick Flat, party cultivated , 1400 Acres, Makikihi. part cultivated 500 to 3000 Acres, Otaio, partly culti- . vated . 800 Acres, Waitohi, full cultivation 500 Acres, Cave Valley, full cultivation 400 Acres, Waiho, native grass 416 Acres, Albury, native grass 337 Acres, Orari, native grass 500, 216, 166, 122, 50, 30, 25, and 24 Acres, Timaru District, all in English grass , 310 Acres, Opuha, partly fenced 180 Acres, Makikihi, cultivated ; fourrooraed house 200 Acres, Totara Valley, in native grass 150 Acres, Kmgsdown, cultivated 90 Acics, Otipua Valley, cultivated 40 Acres, Beautiful Valley, native grass Sections—ln Waiiti Road, Cain’s Terrace, ‘Attcnburrow, ‘SandieTown, ‘Church Street, College Road, ‘Beach Road, ‘Maori Hill, ‘Barnard Street*. March- .• weil, ‘D Street, ‘Heaton Street, ‘Bank Street, ‘William Street, Woollcombe Street, and ‘Great North Road. * With buildings. TO LEASE—Section hear King’s Stables, with Shop Farm, 125 Acres, 5 miles from Timaru, English grass and fenced Land—B9s ,A eras, Kakahu 446 Acres, Albury 337 Acres, Orari 24 Acres, Brocklcy WANTED TO LEASE—ISO to 200. Acre Farm MONEY TO LEND—£IOO to £50,000 at current rates INSURANCE—Sun Fire Agency. JAMES GRANGER. TO LEND—£2OO, £2OO, £3OO, £SOO, £BOO. JAMES GRANGER, Tt* IMARU JD RANCH DUNEDIN CO-OPERATIVE STORES. IMPORT AND WHOLESALE WAREHOUSE; Stafford Street, Dunedin. BRANCHES; No. 1. THAMES STREET,|OAMARU. No. 2. MAIN NORTH ROAD, TIMARU. No 3. SHEARMAN STREET, WAIMATE N 0.4. GEORGE STREET, DUNEDIN. Purchasers can rely upon getting Superlative Value for their money, our MOTTO being QUALITY AND QUANTITY. J. FULLARTON, Manager, Timaru Branch. PROSPECTUS OF THE South Canterbury BUILDING AND INVESTMENT COMPANY (Limited). Incorporated under the Joint Stock Acts. Capital, £IOO,OOO, in Shares of £lO each ; 5s per Share to be paid on application, os on allotment, and calls of 2s Gd to be made at intervals of not less than three months. It is not intended to call up more than £1 per Share. Directors. Mr E. G. Kerr Mr B. Woollcombe Mr H. Cain Mr D. Gedye Mr W. Evans Mr W. Moody Mr Geo. Stumbles. Bankers, Union Bank of Australia (Limited). Auditors. Mr James Granger Mr E. H. Tate. Manager. Mr W. Ziesler. Valuator. Mr James Granger.

This Company has been formed to meet a long-felt want in the district of an institution occupying a wider sphere than that filled by existing Building Societies. The intention of the Company is to carry on business on Building Society principles, to receive deposits at current rates of interest, to make advances on approved landed securities for fixed terms, to provide for the conversion of any of its Building Society loans into fixed loans, paying interest quarterly or half-yearly, or the reconversion of such fixed into progressive loans, and also to advance upon the security of the paid-up amounts of Shares subscribed under the Building Society Section. The profits of the Company will be allocated in such a ratio as to adjust fairly the claims of the two classes of investors— Capital and Subscription Shareholders, In regard to the subscription shares under the monthly-payment system, these may, on attaining the value of £lO each, be converted into fully paid-up capital shares of the Company, or paid out in cash at the option of the holder. 1 The Directors do not consider it will be necessary to call up more than £1 per share on capital shares, as they deem it more advisable to borrow on deposit or debenture, should it be found, in the course of time, that the business of the Company warrants the use of increased capital, The Books of the Company will be audited quarterly. The distinguishing features of the Company’s operations having thus been laid 'before the public, the Directors, in placing the share list on the market, do not consider it necessary to add any recommendation fmthcr than simply^referring to the benefits which such an institution must confer on the district, having its funds all invested locally, its support from local capital, and its operations superintended by local directors, The Share List will close on :50th September. Applications for shares to be made to the unders-'gned. UNION BANK OF AUSTRALIA, Timaru ; Or, W. MOODV, Interim-Secretary. TO FARMERS. ANTED CARCASES MUTTON, about uO per week. Address, stating price, to “ Cash," Dost Office, Timaru.