Prospectus tive country, 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 expeoted 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 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 7$ 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 3£ per cent, to be made up by the District Rate 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 Diree- , tors feel fully justified in recommending the undertaking to the public as a work of' national ob 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 stiares to be 200,000 on which it is not intended to call up more than 10s per Share, and it is anticipated that 6s 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, 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, 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 application will bo 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. Alexander, Auckland Samuel Vickers, Auckland J. Friar Clarke, Auckland Robert Frater, Auckland John Mowbray, Auckland [ Robert Home, Auckland J. B. Morpeth, Auckland J. M. Lennox, Auckland Wm. Flood, Auckland J. Wickens, Auckland F. G. Ewirjgton, Auckland Kennedy Hill, Hamilton
Hotels TRAMWAY HOTEL^ WAITEKAUfIi. ALFRED ~~SHEPHERD T) ESPECTFUCLY desires to inform JLt Visitois to the District and all his old Friends that, having taken the above Hotel, he is prepared to supply the BEST BRANDS OF ALES, SPIRITS, WINES, CORDIALS, &c, &c. MEALS AT ALL HOURS. Good Stablings and Feed fob Hobses. 2899 DONALD McGRE&OE (Lati of the Auckland Hotel), HAS very great pleasure in announcing to his friends and the public that he has taken that well-knowa, favorite, and con* veniently situated Hostelry, The Waitemata Hotel, which he has, at considerable expense, entirely renovated and furnished, making the house second to none for comfort and convenience, in the colonies, and where, by civility and attention,-he bopes to receive, a fair share of publio patronage. A Firstclass RESTAURANT has been added to the Hotel, where gentlemen who lunch in the city will find every delicacy of the season, and attention paid to their comfort. Hot, Cold, and Shower Baths, and every convenience for travellers and families, have been added to the Hotel. Wines, Spirits, and Beers, &c, &c, only of the best brands kept. Charges moderate. Note the address: d. McGregor, waitemata hotel, Corner of Queen and Custom-house streets, Auckland. 2745 EXCHANGE HOTEL, COHNER OF DURHAM EAST AND QUEEN STREETS, AUCKLAND. T7ISITOHS to Auckland are respectfully V invited to patronise the above Hotel, where they can rely gn evory attention being paid to their requirements. Wines, Spirits, Ales, &-?., only of the Finest Qualities. ; J. X E~~D D V, Pbopbietob. 2748 NOT ICE. WAIHOU "HOTEL, TE AROHA. THE undersigned bugs most respectfully to tbank the inhabitants of the Waihou, Waitoa and Piako districts for past favors, and trusts that by strict attention to business, and by keeping the beßt of Lfquors and Beer that they will continue their favors. Good accommodation; also good stables, second to none in the district. W M. DIBBB LL. 1277 MASONIC HOTEL, COROMANDEL. ffIHIS very Large and Commodious Hotel, X having become the property of Captain Watbbman, lately of Auckland, has been thoroughly put in Repair, and made the Foremost Hotel in the District, if not in the Province of Auckland. Visitors and Families from the Thames District may expect every attention. A VERY LARGE PUBLIO ROOM Haß been fitted up for Meetings, Lectures, Ac ' Travellers Generally will Find Eveby Convenience, And the Best Brands of WINES, ALES, AND SPIRITS. W. A. WATERMAN, PROPRIETOR. 2095
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/THS18811222.2.20.2
Bibliographic details
Ngā taipitopito pukapuka
Thames Star, Volume XII, Issue 4051, 22 December 1881, Page 4
Word count
Tapeke kupu
897Page 4 Advertisements Column 2 Thames Star, Volume XII, Issue 4051, 22 December 1881, Page 4
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.