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Prospectus tiv>i countrj, anil that, tho valleys of the Pinko, Waitoa, and ThauiPß aro largely settled and stocked (and by the time tho line is open may be expected to be fully bo), looking ni-o (o the scheme for the settlfitnent of the Pmptere country, the-Provisional Directors ilrn tho comparison a fair one The ln'c i returnß of the Knipara Te Awamwtn R-«i!w ■}' show a net revenue of £193 pi r mil" per annum. This would give^on the first. ercWon of 38 miles, a net revenue of £7331, or 7J per cent, on £100,000. Estimating the revenue for the first year's working at only one half of tho Kaipara Waikatoline, 3| ptr cent, will be obtained, leaving only 31 per cent, to bs made np by the District Hate and Government contribution, or a little over 2J per cent, and under 1 per cent, respectively. For these reasons, and for others too numerous to mention, the Provisional Directors feel fully justified in recommending the undertaking to the rmblic as a work of national as well as local importance. As an investment of capital, it will be directly remunerative, and they confidently expect the hearty support of tho people of Auckland, both town and country, in a work which cannot fail, immediately on its completion, to add, as no one undertaking has added before, to the population, production, and the import and export trade of the whole Provincial District. The Nominal Capital of the Company is propose! to be fixed at £400,000, in 400,000 Shares of £1 each. The first issue of s! arcs to be 200,000 on which it is tot intended to call up more than 10s per Share, and it is anticipated tbat ss-pev share will suffice as paid-up capital for the 6r?t section pf the liailwny, because it is proposed to exercise the borrowing powers conferred by the Acts. On the prosecution of the second section, it will be a question whether to issue more Shares, or make further calls on those already issued. The payments on the firafc isaue to be Is on application; and tie bnlance by Culls of Is each, at intervals of not less than two months. Applications for Shares to be made to the Secretary, Shortland street, or through authorised agents. 70,000 Shares have already been taken by 32 subscribers, in amounts not less than 1000. As it is anticipated that the whole of the Shares will be rapidy taken up, early opplication will be necessary. Priority of application will be a factor in Ihe allotment of shares by the Directory. No application will be received for less than 20 Shares. , Ihe following gentlemen are Agents authorised to receive applications for shares, viz.:— Joseph Newman, Auckland Alex. Saunders, Auckland Chas. Alexander, Auckland Samuel Vickers, Auckland J. Friar Clarke, Auckland Eobert Frater, Auckland John Mowbray, Auckland Eobert Home, Auckland J. B. Morpeth, Auckland J. M. Lennox, Auckl&nd Win. Flood, Auckland J Wickens, Auckland F. G. Ewirjgton, Auckland Kennedy Hill, Hamilton Electoral TO THE ELECTORS OF THE THAMES. pi ENILEMEN,— I find during my Short stay that, many of you have been led to believe that I did not intend to go to the Poll. fihe best answer I can give to that statement IB my presence amongst you, and my determination to remain in the district until the fight is over. Yours faithfully, J. SHEIHAN. Shortland, November 14th, ,1881. 3120 TO THE ELECTORS OF THE THAMES. p ENTLEMEN,— ,The dissolution of Parliament having put an end to the relations which have for so long existed between us, it becomes my duty to acquaint you publicly that it is not my intention to offer myself again for re-election by the Thames constituency. ** I can assure you that it is with great regret that I have arrived at this decision; I have only done so on the advice of some of the leading members of my parly, and with the hope of promoting the public interests^ I owe to you a deep debt of gratitude for the kindness you have so long shown me; I have done my best to serve you faithfully, to promote your interests, and to meet your wishes. You may rely upon my still doing my utmost for you, as constantly as if I still continued to represent you. With these feelings of gratitude and regard, I now part from tried iriends, who I trust will remember me with kindness in after years, I remain, Your much obliged Servant, G. GREY. At a very pleasant tea party, the oonvorsation turned on transmigration. A lady of exquisite beauty who was sipping McGcWAfl's best, turned to Mr —— and asked what form he would prefer to inhabit ? T^ be <?U«olved ip 3s Tea. madam. " A deep embrowned tint which teUa tbo nature of the leaf McGowan sells" al 3» a pound*

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18811116.2.19.4

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XII, Issue 4020, 16 November 1881, Page 3

Word count
Tapeke kupu
807

Page 3 Advertisements Column 4 Thames Star, Volume XII, Issue 4020, 16 November 1881, Page 3

Page 3 Advertisements Column 4 Thames Star, Volume XII, Issue 4020, 16 November 1881, Page 3

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