Page 2 Advertisements Column 1

Temuka Leader, Issue 269, 12 June 1880, Page 2

-.vi'k* .-••:■:-'3<■• lGetvera.l Notices. •KOSPJECTUS OF THE TIMARU: GRAIN, FLOUR AND S WUH3S COMPANY, LIMITED: CPITAL ... ~., i In 10,000 Shareß of L 5 E«- h, payable as follows shillings per sh*re on ap'jlication, fiveshil ingsper share on allotment, and th» b dance in calls of ten shillings per share «t intervals of not less than throe months ; thus extending the total . payment over a period of two years " ~ h ' and' three" "months I roiii the date of ~* allotment., y. 2500 Fully Paid-up Shar- s will be Retained by the Promoter (James Bruce) "?■ \ ■ K a£ Dikectoks : B. J. Bid, Ei-q., Merchant, Cu S umbles, Esq , Gonti■..<;:<.r, Timaru P. Macinlyre, Esq., M.D.. Timaru . J: Plitritner, Esq, (s<nr.) U-I chant \\ellington. -Captain J; H Sutter, Mayor ..f Timaru ,iW. EkHnrgreaves, E*q., Merchant Christ church, Naylor rJainesKing, Esq., Faimer, Timj«ru, Esq.; Miller, Tiinitru, -Donald; Mac Jean, Esq., Stock Agent, Ti- £.„:•■<;! niarn,n-•:';-'■ ; *> "-•' Alex. Sinclair. Esq., Builder, Timaru, jJa?*»e& Shears, Esq., Brick Manufacturer, Timanii; . Alex. Wilson, Esq.. Land Broker, Te- , ; T John McGregor, Esq., 0.E., Dunedin, Morris, Esq., Merchant, Peasant >y Point. Vaiuatoks or Machimkbt and Plaht : James Gray, Esq., (Mews Reid atid Gray) Dunedin, Chariea McQueen, Esq., (Messrs Kincuin and McQueen,), Dunedin, *Y*ai.tjatoks of Land and Buh.di»gß : Thomajkßoberts, Esq., C.E., Timaru, WSoUcttoks: f'f BANKEBS.T t Balk of New Zealand. Messrs Ma<ilnn and Stewart, T:maru. This Company is projected,wi:h a view of acquiring by purchase, and thereafter carding on the Business of the Promoter (James Bruce) in the manufacturing of Flour, Oatmeal and Pearl Barle*. Also, ""for the purpose of importing from his forest in the North Island, Timber of the best description, and preparing the same ..,., for market in every available fwrm. In.eluded in the above will be the well-know^ M Nightingale, and about 1600 acres of Freel-old Kauri Bush Land in the North' Island.' For the acquirement of - .which business and property, the Directors have entered into an agreement with Mr' Bruce, that the same be taken over by the Company at the amount as fixed by the Valuers, appointed.. Stock will be taken on whatever date .;.: -.the Company' take .possession, and debts' due will be transferred on the a same date ' Mr'Brnc* guaranteeing the sapie all g°od to,the Company ;,., The Flour, Oatmeal, and Pearl Barley 'z'~\ works, of the kind in the Australian " Colonies (vide 'report of ' Valuators ats tached). The machinery is capiabie-of the ' Sawmills' (including' Planing and Moulding) is equ*l to an out-put of 10,000 superficial feet of marketable Timber, per ' '■ day; 1 The Timber Business is already extewive,-; and, increasing. The Freehold Bush Land, in the District. of Auckland, belonging to the Promoter t "is roughly es- :•/ timated as yielding at from ten to fifteen ', " years', supply of first-class Kaur Jv and Red Pine Timber: Vessels of 400 tons burden can load with perfect, safety all the year round, in close proximity to the Bush, and o ' ' '■ have quickdespatch. The important advantages in favor of shareholders in this Company ar* ap parent «nd manifold. They enter directlv with s knowledge of the full cost and . liability.:into a large undertaking, m full ■■» j operation, upon a fixed.date, with a complete and first-class plant in euch department, a staff of experienced workmen, and an established' good going' business . '■: 6'oiinection; .There i* no waiting for the erection of buildings and machinery, or . _ the,preparation of plant in the present 1 u '" instance ; neither ar» the financial interest of shareholders subject to the uncertainties, risks, and delays incidental - to the establishment of a new and vntried business. In all these respects is The 'f.iiiowirig'specialities inrcotmection with the Industries, may mentioned, .-. .trict amongst all classi s of the coirnmnity t. fl? 6 .iiiis-a .boon, as it provid 8 '* "a good"reaily local market for farnijr> *'»'\l\K'-> • t.o hskers and others, in providi - ;< a