Prospectus ♦ive oountry, and that the valleys of the Piako, Waitoa, and Thames are largely settled and stocked (and by, the time the line is open may be expected to be fully so), looking also to the scheme for tho settlement of the Pater tere country, the Provisional Directors think the , comparison a fair one. The latest returns of the Kaipara-Te Awamutu Railway show a net revenue of £193 per mile per annum. iThis would give on the first section of 38 miles, a net revenue of £7334, or 71 per cent, on £100,000. Estimating the revenue for the first year's working at only one half of the Kaipara Waikato line, 3| per, cent, will be obtained, leaving only 3j per cent, to be made wp by the District Bate and Government contribution, or a little over 2* 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 recommend in ft the undertaking to the public 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 the 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 proposed to be fixed at £400,000, in 400,000 Shares of £1 each. The first issue of shares to be 200,000 on which it is iiot intended to call up more than 10s per Share, and it is anticipated that 5s per share will suffice as paid-up capital for the first section of the Railway, because it is proposed to exercise the borrowing powers conferred by the Acts. On the prosecution of the second section, i| will be a question whether to issue more Shares, or make further calls on those already issued. The payments on the first issue to be Is on application; arid the balance by Calls of Is each, at intervals of not less than two months. Applications for Shares to be made to the Secretary, Shortland street, or through autho* rised 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 application will be necessary. Priority of applioation will be a factor in the allotment of shares by the Directory. No application will.be received for less than 20 Shares. ■ ' The following gentlemen are Agents authorised to receive applications for shares, viz.:— ■ '' ' ' ■'- ■ ■ ' ' Joseph Newman, Auckland Alex. Saunders, Auckland Chas. Alexander, Auckland : Barauel Viektfrs, Auckland j. J. Friar Clarke, Auckland ; Robert Frater, Auckland John Mowbray, Auckland > Robert Home, Auckland J. B. Movpeth, Auckland J; M. Lennox, Auckland Wm. Flood, Auckland J. Wickens, Auckland F. G. Ewington, Auckland . Kennedy Hill, Hamilton Business Notices Thomas Veale, GENERAL ;STOBEKEEPER ' : ' '•'_" ' AND . ' , . . produce titerchant, !; Pollen street, Thames. P. TETLEY, PORK AND GENERAL BUTCHER, Pollen stbeet, Shobtland. FT. has much pleasure in informing his • Customers and the Publio that HE HAS •DETERMINED TO ADD ' : Tojjhispresent Business Jthat of a GENERAL BUTCH E R, And now offers FOR SAL E — The BEST MEAT procurable in the . , District. ■-■;•.■■ RbMEMBEB THE AdDBESS— - -Z . P O LLE N S TR E E T, Shobtland. , LAMB! LAMB!! JOHN NEAL, IJ EGS to inform the Publio that he is now shewing a SPLENDID LOT of . , LAMB ! : THE FIRST OF THE SEASON. NAPIER BEEF and MUTTON, dairy fed PORK, &c, &c, all of the FINEST QUALITY, and at prices to Suit the times. Orders punctually attended to. JOBN NEAL, OWE N STRE ET; Gbahamstown. 2611 p, BRYSON, General Carter and Livery Stable-keeper' V: PAEROA. TTISITORS to Te Aroha and the surround•V ing districts can always be supplied with superior SADDLE HORSES at very Reasonable Bates. Instructions sent by letter in advance will receive prompt attention. ... . . ,— — . , :;.,■■. ■{ -;:-.; SON, ■■:'': 1442 Pabboa.
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https://paperspast.natlib.govt.nz/newspapers/THS18811130.2.20.2
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Thames Star, Volume XII, Issue 4032, 30 November 1881, Page 4
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676Page 4 Advertisements Column 2 Thames Star, Volume XII, Issue 4032, 30 November 1881, Page 4
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