Page 3 Advertisements Column 1

Temuka Leader, Issue 269, 22 June 1880, Page 3

PROSPECTUS 07 THE TIMARU GRAIN - , FLOUR AND S WMIjLLS .company, limited. C .PITAL Loo,ooo In 10, r OO Shares of L 5 Each, Payable as follows :—Fire shillings per share on apj licntion, fiveshil.inns oe share oh allotment, and !he b tiiic'' in cans of ten shillings per share n intervals «f not less than three months ; thus extending the total payment over a period of two years and ihree months from the date of allotment. • • 00 .Fully Paid-up Shares will he Retained by tiie Promoter (James Bruc- ) Provisional Directors : Turnbull, Esq , M. H.R , Timaru, J. Reid, Esq., Merchant, Auckland, U. Stumble*!, Esq , Contractor, Timaru j P. Macinfyre, E<q.,yM.D., Timaru J. Fliminer, ■ lington 1' ii? jr i Captain J. If Suit eM Mayor of Timaru W. H. aves,«E-q., Merchant Christ church,. | S Kaylor Hillardf£(«., OE., Waimafe, James KtttgjJpsq.,Brainier, Timaru, Robert Wood/ Esql Miller, Timaru, Donald Maclean, ijq., Stoc k Agent, Timarn, Alex. Sinclair Esq., Builder, Timaru, Ja" ’et, Shears, Esq., Brick Manufactuier, i Timaru, Alex. Wilson, Esq., Land Broker, To- ! hmka, . j John'McGregor, Esq., C.E., DuneTn, I J. L. Morris, Esq., Merchant, Peasant j Pouit. J .Yaitatcrs cr Mac hinkry and P;.ax7 | James Graj*, Esq., (Messrs Reid n.cl (Lay,- { ( ■-•Dunedin, Char es McQueen, E<-q., (Messrs Kino.-m. : ~““~and McQ neen ), D unedin, ValtjAtoh.s of Land and BuiLDinuh : Thomas Roberts, Esq.j 0.E., Tim-nu, • M. dc H. Dnvl. Esq., Architect, Tinian;. J Valuators of Shipping : I , | J) Captain’J. H. Sutter, Timaru, ; Captain Mills, Harbor Master, Timaru. I Solicitors; ] Messrs Reid and KnubloA, Timaru. | Bankers. i Bank of New Zealand. ■ - . Brokers ; ; Messrs Maclean and Stewart, Timaru. 1

This Company is projected with a view of acquiring by purchase, and thereafter: carrying on the Business of (ho Promoter j (•Limes Bruce) in file nianufactnrirg of j Flour, Oatmeal and Pearl Barley. Also, j for the purpose of importing from his i forest in (he North Island, Timber of the I b'-st description* and preparing (he same j for market in every a- ailable form. In- j eluded in the above will be the well-know* brigantine Nightingale, and about 1600 j neres of Free 1 old Kauri Bush Land in the [ North Island. For the acquirement of \ which business and property, the Directors j have entered in'-i. an agreement with Mr ! ' Bruce, that the same be taken over by t(i ; at the amount as fir d by the Valuers appointed.- ' So'kwilLJie taken oft whatever date the (.pmpaiiy take possession, and d bis dm* "ill be ira* sferred ftn the »;tme date Mr Bruce gu r t teeing th(! saitto :vll good j* t-b the Coo pany i ■ The Fl«»ur, 0.-d meal, and Poor! B-irlcy j Mills will Compare favorably wiiji any j wort s of the. kind in the Australian j DohmicS (vide report ef Va"u.tfors at- f t:>ch< d). The m-ch neiy is. cap-hV of ‘ pr- paring for the market .-.I put 20 tons \ Fl* nr per day, with 4 tons of Oatlnea! nidi 1 ton .'f Pearl Barhy ; and ‘that in the Sawmills (it.clndirg Planing and Moulding) h cqud to an mil-put of 10,000 sup. ifiicial fret of marketable Timber per day. The Thiibe: Business is already ex tensive, and increasing. The Freehold Bush Land, in the. District of Auckland, ■belonging' to (he Promoter, la roughly cs- ! timatecl as yie'ding at from ten to fifteen years’ supply of firs*-class Knur* and Hed Pino Timber. Vessels of 400 tonsrbnrden can load with perfect safely all (he year round, in dose proximity (o the- Bush, and have quick despatch. ‘ The important advantages in favor of shareholders in this Company are np parent and manifold. They enter directly with a knowledge of the full cost and liability, into a large undertaking, in full operation, upon a fixed date. with, a complete and first-class plant in end) department, a staff of experienced workmen, and an established' good going business connection. Thee is no waiting for the erection of buildings and machinery, or the preparation of plant in the present instance / neither arp the financial interest of shareholders subject to the uncertainties, risks, and delays incidental to the establishment of a new and vntried bush —jiess. In all these respects everything is conTpieto-and in full v orking order—the returns .being with the date of entry. The following specialities in conned ion with the Industries may be mentioned, vz. : That the FlonrJllill department at once supplies a much-felt trict amongst all classes of the community To the. farmer it is a boon, as it provides a good ready local market for'farm ■ reduce ; .to bakers and others, in providing , a flour of acknowledged superior quaily r* *A.mple testimony can be had as to (he quality of the products, wliercvbr £.Jbefin»fintroduced throughput Being the ceptro Titerbury, . the largest grain cltetri'-t in New and a Port for sb j ppi ng, witl ) th e harbor iraprovemer ts now being carried out, it is in the best position possible for offering its bread stuffs to the markets of the world, which show that there is ample scope for such a magnificent concetti as the Flour Mil s central position of (he Mills, and their immediate proximity to Grey street, the Great North Road, and to the Main Line of Railway, with which latter they are-directly, connected by extensive sidings ; - on two sides, gvo special advantages for i economically working the concern, enablirg customers in »nd out of town to obtain their goods with dispatch and without extra handling or cartage. . The Business that the Promoter now offers has been worked bj him up to its present dimensions and position during the last fourteen years with much success but in order to keep pace with the grow ing requirements of the colony, he finds a large capi al is required to more fu yl develops'the trade he has established ; n Timaru . . Mrßvnce will'identify lams*-It with uie Management. and retain one-fourth of the