Page 3 Advertisements Column 2

Temuka Leader, Issue 285, 2 September 1880, Page 3

Tv hlic Notifications • PROSPECTUS OF THE TIMARU grain, flour and-saw-mills COMIPANY, limited. CAPITAL * ... ... L 50,000 In 10,000 Shares of L 5 Each, Payable as follows :—Five shillings pe share on application, five shillings pe share on allotment, and the balanc 6 in calls of ten shillings per share at intervals .of nut less than three months ; 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) Provisional Directors : Turnbull, Esq , M.H.R., Timaru, J. Reid, Esq., Merchant, Auckland, (?. Stumbles, Esq , Contractor, Timaru P. Macintyre, Esq., M.D., Timaru Jij li turner, Esq., (senr.) Merchant Wel--1 lington. I Captain J. H Sutter, Mayor of Timaru W, H. Hargreaves, Esq., Merchant Christ church, Naylor Hillary, Esq., C.E., Waimate, James King, Esq., Farmer, Timaru, Robert Wood, Esq., Miller, Timaru, Donald Maclean, Esq., Stock Agent, Timarn, Alex. Sinclair. Esq., Builder, Timaru, Shears, Esq., Brick Manufacturer, - Timaru, Alex. Wilson, Esq., Land Broker, Temuka John McGregor, Esq., C.E., Dunedin, J. L. Morris, Esq., Merchant, Pleasant j Point. Valuators op Machinery and Plant James Gray, Esq., (Messrs Reid and Gray) Dunedin, Charles McQueen, Esq., (Messrs Kincain and McQueen), Dunedin, Valuators op Land and Buildings Thomas Roberts, Esq., C.E.. Timaru, M. de H. Duyd, Esq. Architect, Timaru. Valuators op Shipping : Captain J. H. Sutter, Timaru, Captain Mills, Harbor Master, Timaru. Solicitors ; Messrs Reid and Kmibley, Timaru. Bankers. - Bank of New Zealand. Brokers: Messrs Maclean and Stewart, Timaru.

This Company is projected with a view of acquiring by purchase, and thereafter carrying on the Business of 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 preparing the same for market in every a"ailable form. Included in the above will be the well-known brigantine N ightingale, and about 1600 acres of Free! 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 the Company take possess duo will be transferred on 'Mr Bruce guaranteeing the to the Company The Flour, Oatmeal, an< JUilla will compare favor works of the kind in i Colonies (vide report of tachod). The machinery preparing for the market Flour per day, with 4 to; and 1 ton of Pearl Barley the Sawmills (including Moulding) is equal to an or superfiicial feet of marketa day. The Timber Busines tensive, and increasing. Bush Land, in the District belonging to the Promoter, timated as yielding at from years’ supply of first-class J Pine Timber. Vessels of 4 can load with perfect safel round, in close proximity t have quick despatch. Tire important advantag shareholders in this Co parent and manifold. The with a knowledge of the liability, into a large under operation, upon a fixed dai plete and first-class plant i ment, a staff of experier and an established good j connection. There is no v erection of buildings and the preparation of plant i instance ; neither are the fii of shareholders subject to ties, risks, and delays inc establishment of a new and noaa In nit these reanents

The central position of the Mills, and their immediate proximity to Grey street, the Gr?at North Road, and to the Main Line of Railway, with which latter .they are directly connected by extensive sidings on two sides, gve special advantages for economically working the concern, enabling customers in and out 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 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 capital is required to more fully j develope the trade he has established in 1 Timaru