Page 3 Advertisements Column 5

South Canterbury Times, Issue 2648, 15 September 1881, Page 3

I*iil>li<3 Notices. EGBERTS AND SMITH, ■ m ARCHITECTS, BUILDING AND QUANTITY SURVEYORS, TIMARU. HAVING taken Mr Alfred Smith, F.R.1.8.A., into Partnership, he will have the principal Management of this Business. Our clients will therefore have the benefit of his extensive recent London and Provincial experience, combined with the knowledge of Colonial Requirements which I have acquired in the past 10 years. Offices : Opposite Bank of New THOS. ROBERTS, AUCTIONEER, LAND AND ESTATE AGENT, AND LICENSED SURVEYOR, TIMARU. I AM now prepared to conduct Pales by Auction, or to otherwise negotiate the Sale or Purchase of every description of Property. For Auction Pales I have made arrangements, pending the erection of new Booms. In all Business that may be entrusted to me, my Employers may feel assured that I shall endeavor to merit a continuance of the confidence which has been so liberally accorded me in the past. md, Main North Road, Timaru. THOS. ROBERTS.

PROSPECTUS | OF THE South Canterbury BUILDING AND INVESTMENT COMPANY (Limited). Incorporated under the Joint Stock Acts. Capital, £IOO,OOO, in Shares of £lO each ; os per Share to be paid on application, os on allotment, and calls of 2s 6d 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. The Directors do not consider it will bo necessary to cail 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 j audited quarterly. The distinguishing features of the Company’s operations having thus been laid before the public, the Diicctor«, in placing the share list on the market, do not consider it nccO'Saiy to add any recommendation fuithcrthan simply refening to the benefits wdiich such an institution must confer on {.be 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 80th September. Applications for shares to be made to the undersigned. UNION BANK OF AUSTRALIA, Timaru ; Or, W. MOODY, Interim-Secretary.

T IMARU B RANCH DUNEDIN CO-OPERATIVE STORES. IMPORT AND WHOLESALE WAREHOUSE: Stafford Street, Dunedin. BRANCHES: No. 1. THAMES STREET,gOAM A RU. No. 2. MAIN NORTH ROAD, TIMARU. No 3. SHEARMAN STREET, WAIMATE N 0.4. GEORGE STREET, DDNEDIN. Purchasers can rely upon getting Superlative Value for their money, our MOTTO being QUALITY AND QUANTITY. J, FDLLARTON, Manager, Timaru Branch. Tenders. TO CARPENTERS. TENDERS will be received up to 1 p.m. . on Friday IGlh inst, for BUILDING a WOOLSIIED*rtt Three Springs Station according to Drawings and Specification to be seen at our office. ROBERTS & SMITH, Architects. Timaru, Sept. 10,1881. George 3?x*iesit & Co. BANKRUPT STOCK OF GROCERIES, IRONMONGERY, GLASSWARE, CROCKERY, &c. p MOEGE PRIEST & CO VUT Have been favored with instructions to Sell by Public Auction, at their Rooms, George street, ox SATURDAY, SEPTEMBER 17, 1881, Sauce, Pickles, Lobsters Salmon, Vinegar, Vestas Raisins, Sardines, Soap Currants, Coffee, Blue Jams, Tea (Boxes and Half-chests) Sugar, Flour, Rice Saucepans, Boilers, Scythes W. and G. Cups and Saucers, Glasses, Ornaments And a lot of other goods too numerous to particularise. Sale at 1 o’clock. GEORGE PRIEST A CO. • Anctioneenp.