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Prospectus tive country, and that the valleys of the Piako, Waitoa, and Thameß are largely settled and stooked (and by the time the line is open may be expected to bo fully so), looking also to the Bcheme for the settlement of the Patetere 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. This would give on the first section of 38 miles, a net revenue of £7334, or 7J per cent, on £100,000. Estimating the revenue for tho first year's working at only one half of thn Kaipa'ra Waikutoline, 3f per cent, will be obtained, living only 3J per cent, to be reade up by ihe Disttiof- Hate 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 recommending the undertaking to tho miblic as a work of national as well as local importance. As an investment of capital, it will be directly remunerative, and tliey 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 Snares of £1 each. The first issue of shares to be 200,000 on which it is not 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 Eailway, 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 ; and the balance by Calls of Is each, at intervals of not less than two months. • • Applications for Shares to be made to the Secretary, Shorfcland street, or through authorised agents. 70,000 Shares have already been taken by 32 subscribers/in amounts not lees 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 Samuel Vickers, Auckland J. Friar Clarke, Auckland Robert Frater, Auckland John Mowbray, Auokland Sobert Home, Auckland J. B. Morpetb, Auckland J. M. Lennox, Auckland Wm. Flood, Auckland J. Wickens, Auckland F. G. Ewington, Auckland Kennedy Hill, Hamilton Notices COAL, FIREWOOD, TIMBEE, &o. J HAVE ON HAND and FOE SALE at JL the Lowest Current Bates at the Yards Grahamstown and Shortland Wharf— NEWCASTLE & BAY OF ISLANDS COAL, FIEEW OOD, PEOPS, POSTS, BAILS PALINGS, TIMBER of ALL KINDS for BUILDING, And every description of IRONMONGERY AND BUILDERS REQUISITES. ft. c. gYllesp e. Yards—Grahamstown (Holdship's late timber yard) Shortland, at Wharf. 1109 W. J. BARLOW, BEOWN STEEET (opposite Allaway's), GENERAL HOUSE DECORATOR, P A I N T E E, PAPERHANGER, GILDER, GLAZIER, GRAINER, and WRITER. T)EQUISITES 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 UNDERSIGNED. THE Heavy Draught CLYDESDALE STALLION YOUNG BLYTHE, Rising 4 years old J- bred by Mr BaijtbbidGE, Mangarei. Got by Young Duke, dam Violet, g.d. Rose (imported 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 j—£2 10s for single mare; two or more as per agreement. Will travel if sufficient inducement offers. All Payments to be made on or before the Ist January, 1882. PICKEY~BROS., BEACH ROAD, GRAHAMSTOWN. : . . 2872 R. BRYSON, General Carter and Livery Stable-keeper" PAEEOA. T7ISITORS to Te Aroha and the surroundV ing districts can always be supplied with superior SADDLE HORSES at very Reasonable Rates. Instructions sent by letter in advance will receive prompt attention. —— E. BEY SON, 1442 Paeboa. GOYEENMENT GAZETTE. rpHE STAR (Thames) is a duly Gazetted I. Journal for the Publication of all Bankruptcy, and Highway, other Public Notices, uod«r various Colonial Acts. '

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18811216.2.20.3

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XII, Issue 4046, 16 December 1881, Page 4

Word count
Tapeke kupu
771

Page 4 Advertisements Column 3 Thames Star, Volume XII, Issue 4046, 16 December 1881, Page 4

Page 4 Advertisements Column 3 Thames Star, Volume XII, Issue 4046, 16 December 1881, Page 4

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