Page 3 Advertisements Column 2

Temuka Leader, Issue 284, 21 August 1880, Page 3

Public Notifications' PROSPECTUS OF THE TIMARU GRAIN, FLOUR AND S WMILLS COMPANY, LIMITED. CAPITAL L 50,000 In IftCOO Shares of L 5 Each, Payable asj follows :—Five shillings pe fhure qn api lidtion, five shillings pe share oh allotment, and the bdanc" in callsiof ten shillings per shar<- aintervals of n<>t less than three months f; thus extending the total payment over a period of two years and three months from the date' of allotment. 00 Fully Paid-up Shares will be Retained by the Promoter (James Bruce) Fr.<|' ns:oI/1, 11*reacts: Turn''ull.|Esq , M.H.R , T marn, J. Ri id, E:-qI, Merchant, Am-kb-nd, <7. S umbles|Esq , Contractor, Timaru P. Macintynj, Esq., M.D., Timaru J. liminer,|Esq, (3enr.) Merchant Wellington .$ Capiain J. H Sutler. Mayor of Timaru W. H. H-rgleaves, Esq., Merchant Christ obnrch,3 Nay!, r Hi' fry, Esq., CE, W;.imate, JiuuHs Kb-gf Esq., Fanner, Timaru, Rob rtWo<&l, Esq., Mi.ler, Timaru, Donald Maclean, Esq., Stock Agent, Tint arn -p Alex. Sinclair E-q., Builder, Timant, Ja—es. Shearfe, E>q., Brick Manufactuier, TiinanU; Alex. Wilson, Esq.,'Land Broker, Temiika $ John McGregor, Esq., CE., Dunedin, J. L. Morris, Esq., Merchant, P.easant % Po'ut. | Valuators |br Machinery and Plant James Gray, |Ssq., (Me.-srs Reid and Gray) D;mediu| Char es McQfeeo, E"q., (Messrs Kincain and McQueen J, Duned n, Valuators |f L*nd and Buildings Thomas Robefts, Esq., C.E.. Timaru, M. de H. Duv|l, Esq. Architect. Timaru. "Valuators of Shipping: Captain J. H. Sutter, Timaru, Captain MiLs, Harbor Mast»r, Timaru. Solicitors ; Messrs Knubiey, Timarn. ' j Bankers. Bank of New Zealand. Brokers : Messrs Maclean and Stewart, Timaru. This Company is projected with a view of acquiring by pmchaae, and thereafter carrying on the Business or' the Promoter (James Bruce) in the manufacturing of Flour, Oatmeal and Pearl Barley. Also, for the purpose of importing from his forest in the North Island, Timber of the best description, and piepnring the same for market in every a-ailable form. Included in the above will be the well-knowr Nightingale, and about 1600 ai-res of Free! obi Kauri Bush Land in the North Wand. F'>r the acquirement of which business and property, the Directors have entered into an agreement with Mr Br'ice. that the same be taken over by th Company at 'he amount as fixed hy the Valuers appointed. Sunk will be taken on whatever date the Company 'ake possession, and d'bts due uill be tra' sferred on the same date Mr Bruce guar .nteeing the same all good 'o the Company The Flour, Oatmeal, and Pearl Barley Mills will compare favorably with any j works of the kind in the Australian j Colonies (vide report of Valuators at- : tached). The machinery is capable of preparing for'the market about 20 tons Flour pir day, with 4 tons of Oatmeal aud 1 ton of Pearl Barley ; and that in the Sawmills (including Planing and Moulding) h equal to an out-put of 10,000 superficial feet of marketable Timber per day. The Timbe; Business is already extensive, and increasing. The Freehold Bush Land, in the District of Auckland, belonging to the Promoter, is roughly estimated as yie'ding at from ten o fift <i yars' supply of tirs f -class Kaurian Red Pine Timber. Vessels of 400 tona border, can load with perfect safety all the year round, in < lose proximity to the Bush, aud have quick despatch. The important a<!vant*ges in favor of shareho'ders in this Company ar* np , parent and manifo'.d. 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 each department, a staff of experienced workmen, and an established g"od going business connection The eis no waiting for the erection of build itigs and machinery, or the preparation of plant in the present 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 everything is complete and in full '. orking order—the returns hei'g with the date of entry. The following specialities in connection with the Industries may be mentioned, vz : That the Flour Mill department at ooce supplies a much-felt want in the district amongst all classes of the corrmunity To the farmer it is a boon, as it provid s a good rea'iy local market for farm produce J to bakers and others, in providing a flour of acknowledged superior qua ity Ample testimony can be had as to the genuine quality of th* products, wherever these have been introduced throughout .he Colonies. Timaru bf-intr the centre ior South Canterbury, the tersest gr=.in producing di>tti t in New Zealand, and a Port for shipping, with the harbor improvemei ts now being carried out, it is in the best position possible f<>r offering its bread stuffs to the markets of the world, wdiich show that there is ample scope f>r such a magnificent concern as the Flour Mil a are. The central position of the M'lls, and their immediate proximity to Grey street, the Gr at North Ro;id. and to the Main Line of Railway, with which latter they are directly connected by extensive sidings on two sides, g \e speciil advantages for economically working the concern, enablirg customers in and -nit of town to obtain their goods with dispatch and without any extra handling or cartage. The Business that the Promoter now offers has been worked by him up to its present dimensions and position 'Miring th* l w «t foiir'een yf-ars with much success but .-n order ;o ks> p j cu win "he ~gr< w ing rouirorno- ts or the colony, ho find* -.-.-■;? -,'.■•■ -.1 -■:; -.,-. ; varl 4-/-., ~T-2 * -,II„