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Prospectus tive country, and that, the vulleys of the Piako, Waitoa, ami Thames are largely settled and stocked (and by the time the line is open muy bo expected to be fully so), looking also to the scheme for the settlement of the Patetere country, the Provisional Directors think the comparison a fair one. The latest returns of the Kaipara To Awamutu Railway show a net revenue of £193 per mile per annum. This would give on the first section of 38 miles, a not revenue of £7334, or 7§ per cent, on £100,000. Estimating the revenue for the first, year's working at only one half of tho Kaipara Waik»tolir-.0, 3§ per cent, will bo obtained, lowing only 3£ p-cr rant, to be n ado up by she Diatriot Rate and Go--1 vernmend contribution, oi 1 a little oyer 2-J per cent, anri ntuler 1 pw cent. respectively. Foe those reasons, tiivl for others too 1 munorouK to muni ion, the Provisional Direc- ! tors fool fully justified in recommending the i undertaking to the public as a work of national as well as local importance. As an inveslim-nt. of capital, it. will be directly renuiuerative, and Ihey confidently expect the boai'ly 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 ha 3 added before, to the population, production, and tho 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 Shyres of £1 each- Tho first issue of eiiaros to be 200,000 on which it is bot intended to call up uioe than 10s per Share, and b is anticipated that 5s per share will suffice as paid-up capital for tho fir-t section of the Railway, 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 first issue to be Is on application j and the balance by Calls of Is each, at intervals of not less than two montbc Applications for Shares to be mnde to the j Secretary, Bhortlitnd street, or through authorised ngents, 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 ropidy taken up, early application will be necessary. Priority of application 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. A lexnnder, Auckland Samuel Vickers, Auckland 3. Friar Clarke, Auckland Robert Fratf-r, Auckland John Mowbray, Auckland Eobert Home, Auckland J. B. Morpeth, Auckland J. M. Lennox, Auckland Win. Flood, Auckland J Wickens, Auckland F. G. Ewington, Auckland Kennedy Hill, Hamilton Notices COAL, FIREWOOD, TIMBER, &o. T HAVE ON HAND and FOR SALE at JL the Lowest Current Bates at the Yards Grahamstown and Shortland Wharf— NEWCASTLE & BAY OF ISLANDS COAL, FIREWOOD, PROPS. POSTS, BAILS PALINGS, TIMBER of ALL KINDS for BUILDING, And every description of IRONMONGERY AND BUILDERS REQUISITES. 11. C. GILLESP E. Yards— Grshamstown (Holdship's late timber yard) Shortland, at Wharf. 1109 W. J. BARLOW, BEOWN STREET (opposite Allawaj's), GENERAL HOUSE DKCOBATOB, P A 1 N T X R. PAPERHANGER, GILDER, GLAZIER, GRAINER, and WRITER. ■REQUISITES of THE TRADE AT CHEAPEST RATES. PAINTS of any Tint made to Order. WINDOW GLASS, PUTTY, &c, Ac TO STAND THIS SEASON AT THE STABLES OF THE UiVDERSIGNED. THE Heavy Draught CLYDESDALE STALLION YOUNG BLYTHE, Rising 4 years old; bred by Mr Bainbuidge, Mangarei. Got by Young Duke, dam Violet, g.d. Rose ('mported from Tasmania). Young Duke by Prince Arthur (imported), dam by Iron Duke. Young Blythe took. First Prize at the Auckland Agricultural Society's Show in 1880 as a three-year old. TebmS :— £2 10a for single mare; two or more as per agreement. Will tnitel if sufficient inducement offers. All Payments to be mnde on or before the Ist January, 1882. DICKEY BROS., BEACH ROAD, GRAHAMSTOWN. 2872 R. BRYSON, General Carter and Livery Stable-keeper PAEROA. TTISITORS to Te Aroha aud the surroundV ing districts can always be supplied with superior SADDLE HORSES at very Reasonable Rates. Instructions sent by letter iv adyftuce Trill receive prompt atien. tio« s -—== 1442 Paeboa. C4OYEENMENT GAZETTE. 'THE STAR (Thames) is a duly Gazetted 1 Journal for the Publication cf all Bankruptcy, and Hi^hvaj'j otfcar Public Xiiioc^

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18811214.2.21.2

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XII, Issue 4044, 14 December 1881, Page 4

Word count
Tapeke kupu
778

Page 4 Advertisements Column 2 Thames Star, Volume XII, Issue 4044, 14 December 1881, Page 4

Page 4 Advertisements Column 2 Thames Star, Volume XII, Issue 4044, 14 December 1881, Page 4

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