Dated and filed with the Registrar of Joint Stock Companies on the u3ra day ol June, 190*. ABRIDGED PROSPECTUS OF "The Empire, Bellevue, & Mansions CONSOLIDATION LIMITED." To be incorporated train «Th« Companies' lot, IMS." CAPITAL, £150,000-dlvided into 30,000 shares of £6 each, of which 4000 shares, fully paid ap, are to be allotted to the Vendor; 4000 are reserved for subsequent issue for extensions of business and building purposes, and the remaining 28,000 shares are now offered to the publio for subscription, payable as follows :-£l per share on application, *1 per share on allotment, and the balance in oalls at not more than £1 per share as may be required, and at intervals of not less than two months. PROVISIONAL DIRECTORS l CHARLES F. GREENSLADE, Esq., Dunedin (Managing Direotor Speight & Co., Ltd.) ARTHUR R. V. LODDER, Esq., Wellington (Proprietor City Buffet Hotel). CHARLES H. IZARD, Esq., Wellington, Solioitor (Direotor Wellington-Manawata Railway Cot., litf.J ALBERT MARTIN, Esq., M.D., Wellington (Director Equitable Life Assurance Sooiety of U.S.) EDMUND ALLO, EBq., Wellington, Eleotrical Engineer and Hydraulio Einert HERRMAN LEWIS, Esq., Wellington, Investor CHARLES TRINGHAM, Esq., Wairarapa, Sheepfarmer (Direotor Wellington Trast, Loan & Investment Coy., Ltd.) Who hold office until the first meeting of shareholders which will he held not less than one month nor more than three months from the - by the Shareholders, SOLIOITOR i J. J. Devine, 16, Brandon Street, Wellington. BROKERSi 'urnbull & Co., Wellington ; H**"""* *C' « ner, Auckland; Richard Good , Poverty Bay ; J. F. Clark, Nelson ; SECRETARY (pro tern): J. S. Schwart2, Colonial Mutual Buildings, Custom Houbo Quay, Wellington.
Company is being formed for the purpose of acquiring, u | going concerns, the fashionable and .well-known "Empire Hotel," in Willis and Victoria Streets, Wellington; the picturesque and far-famed "Bellevue Gardenß and Hotijl," situate at Lower Hutt, and the fine public residence or private hotel known as " The Mansions," recently erected in Ghuznee Street, Wellington; and of carrying on, consolidating, and extending The value of the assets to be acquired by the Company haa been fully reported upon by well-known, experienced, and reliable '-perts, and the following is a fair summary of their reports:— " The Empire Hotel " Land, Buildings, Furnishings and Goodwill £111,200 Stock of Wines, Spirits, &e .. 1,000 " The Bellevue Hotel and Gabdins " and Furnishings i.. 21,233 Stock of Wines,' Spirits, &o 250 " The Mansions," Buildings, Furnishings, Ac 10,646 These figures, based on thoroughly reliable estimates, show a wrplus o£ £14,229 over and above the purchase price to be paid by the company. ,' "The Empire Hotel." beolassed as equal to any establishment of its kind whioh the Southern Hemisphere can boast of. The position of this buflaing may be said to be the most valuable in point of situation and convenience whioh could be Capital City of New Zealand. The "Empire" has frontages to two of the most Important iness streets of Wellington City—Willis Street on the one side and Victoria Street on the other—and to eaoh of these atreets it presents a handsome and imposing front. The area 190 feet, and the frontages to Willis and Victoria Streets are By no possible fluctuation can such a site as that on whioh the pire Hotel stands be otherwise than materially enhanced in le in years to come. '"The Bellevue Hotel and Gardens." icent property of some sixteen aores, with a frontage of about 1500 feet to the main Waiwetu Boad, whioh is one of the principal ; Valley, are unique in New Zealand, being ihe Uolony. A carriage drive, shaded on either side by fine old trees, and fringed with graceful ferns, leads to the hotel—ft veritable old. shade and hue; shady arbors and quaint summer-houses over 1 which trail sweet-scented roses, interesting avenues of rare trees: r.nd shrub 3 brought from every dime. Thore are nearly all varieties of New Zealand trees in these: grounds. The straightening nf tlin TTutt Railway l,o= k««„ .„„„J *„. ent of the Hutt Eoad is a work also to beput in hand immediately. It is needlesß to say that the Bellevue Hotel and Gardens will immensely profit by these improvements. "The Mansions." •_.P n ? °^^ e fineßt establishments of its kind south of the lino round it, immediately arrests the attention in the panorama of Wellington City. The building, which is three storeys high, of briok and stucco, has a frontage of 47 feet 6 inohes to Ghuznee Street, by a depth of 66 feet 3 inches. The furnishinff is of the most palatial character, u may bs t it has cost nearly £4,000. Financial Aspect. THE EMPIBE HOTEL. The fullest investigation of the books and accounts of the '•— : re Hotel has been made by Messrs. Badham & Biss, profesI accountants and auditors, Wellington. leir report shows that [rora June, 1899, to October, 1903, the receipts totalled £83,206, against disbursements, £51,371, leaving i net profit of 231,835. The following is a copy of a supplementary report i •lossre. Badham * Biss, showing the receipts for the four montna ">m the Ist November, 1903, to the 29th February, 1904:
ing a chimney. The d(,.^., u „„„ „,- leged that the work had been imperfectly done, mid called a witness who had had to bo over the job again. This witness (I'ycroft) had found caked soot in some of the flues. After hearing a good deal of contradictory evidence judgment was given for plaintiff for 5s and costs. Herbert Swallow, a resident of TV hi (Auckland), 1 since Tuesday. His. ~ „ capsized, it is foared he was drown-
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Taranaki Daily News, Volume XLVI, Issue 166, 18 July 1904, Page 4
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1,084Page 4 Advertisements Column 2 Taranaki Daily News, Volume XLVI, Issue 166, 18 July 1904, Page 4
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