Page 4 Advertisements Column 1

Thames Star, Volume XIII, Issue 4219, 10 July 1882, Page 4

Prospectus

PBOS P E C T U S OF THE WAIWERA HOT SPRINGS COMPANY (Limited). Ca^it'al, £30,000; in £30,000 Shares of o . £leach. 11,500 fully paid-up shares will be issued to ;Mr Graham, as port payment for the. m property. 'The capital on'the remaining " shares will be .payable as follows :—ss per share on application ; 5s per * share on allotment, and the' balance in calls not exceeding 5s per share, at intervals of sot less, than three months. ';',' Phovisiokil Dibbctobs: W: Aitken, Esq. P. G. Ewinjrton, Esq; J>. B. Cruickshank, Esq. Jas. Robertson, Esq. Thos. Morrin, Esq. A. Brock, Esq.. 8...C. Barstow, Esq, ' F. Earl, Esq. , Thos. Buddie, Esq. ' Gootfge Fraser, Esq. Pr'Haincs . Jno. Kirkwood, Esq. Josi Banks, Esq. ' " E. Ludlow, Esq. Hy: Brett, Esq. :. Jackson Palmer, Esq. Jno. Fisher, Esq. C. T. Wren, Efq. Jas. Wallace, Esq. T. 11. Hunter, Esq. H. F. Anderson, Esq. Win. HcCullough, Esq. 8,. C. Greenwood, Esq. Geo. McNab, Esq. Jos. Bennett, Esq. ,' ' Rich. J. Gill, Esq. Jas. Black, Esq. John Milne, Esq. Jno. 'Anderson, Esq. - Thos. Macffarlane, Esq. T. Henderson, Esq, M.L.C. M. Murchie, Esq. J. Williamson, Esq, M.L.C. E. Hornsby, Esq. F. JJ.Moss/Esq., M.H.R. S. Kohn, Esq. " W. J. Hurst, Esq., M.H.R. Capt. W. Steele Capt, J. H. R. Harrison W. H. Grace, Esq. Capt. Colbeck A. Martin, Esq. W. S. Wilson, Esq. W. Lodder, Esq. J. Craig, Esq. G. H. Layers, Esq. F. J.Somerfield, Esq. Dr Goldsboro 1 Jamcs/StewarVEsq., C.E. Dr J. M. Moore H. Ji Wickens, Esq. Dr Hoiieyman ' Rich. Keals, Esq. Dr Stockwell G. Holdship, Esq. B. Ireland, Esq. J. Waymouth, Esq. R. J. O'Sullivan, Esq. GeorgD Harper, Esq. Wm. Waters, Esq. It. M. Stark, Esq. J. L. Hatswell, Esq. Charles Ring, Esq. Jno. Endean, Esq. —Jas. B.Graham, Esq. Edwin Hcsketh, Esq. ' " John James, Esq. A. Devore, Esq. Andrew Bell, Esq. ' „ Jno. Taylor, Esq. J. Cosgravc, Esq. John Reid, Esq. AT Cairns, Esq. John Winks, Esq. M. H. Roe, Esq. . P. Hall, Esq. Rees George, Esq. S. Jackson, Esq, F. J. Hull, Esq. ' Jas. Russell, Esq. '■ -v Francis Skeeus; Esq. J. H. Upton, Esq. -■' Jhd.'Wallace, Esq. " " W. Gorrie, Esq. Wm. Percival, Esq. BANKEBB: The Natfoasl Bank of New Zealand. Solicitobs: Messrs Whitaker, Russell, and Buddie. Bboeers: Auckland Brokers' Association. Shcbetaxt pbo tern : ' -■ John Milne, Esq. OFFICES OF THE COMPANY: COLONIAL BANK BUILDINGS, QUEEN STREET, AUCKLAND. The Company is formed to purchase from Bobert Graham, Esq., the valuable Hot Springs, Baths, Hotel, and Estate, situated at the Waiwera, within four hours by coach road, or twenty-four miles by water, from the City of Auckland. Steamers run daily, and a mail coach to and from the North Shore .three times a week. The Waiwera Harbour beiDg within the Hauraki Gulf, ' offers a delightful pleasure trip, of which many thousands avail themselves during the .- year. ■• ' -The 'beauty of the harbour and of the .- surrounding country, as well as the curative properties of its perennial and abounding thermal mineral springs, are so widely 5 known that comment is unnecessary. Sea- - -' bathing; river bathing, and boating on the river ' which runs through the property, are among ' the many attractions of this unique estate. The climate is so mild and equable throughout the year that tobacco and tbo orange and lemon grow luxuriantly. Mr Graham has spent large .'sums in developing the property since he acquired it nearly forty yean ago. Baying brought it into a paying condition, he wishes to retire and leaye to others the -'' further great improvement of which the Waiwera property is now capable. The property banded over to the Company will consist of the Hot Springs (which have yielded an • inexhaustible supply of mineral water from tima immemorial); the Hotel which is doing a large and profitable business, and r capable of accommodating from 90 to 100 personscomfoitably.; tlie whole of the Harbour frontage, and 728 acres more or leas of adjacent country. * The latter is admirably adapted for a Township, Villa Residences, and small Farms. It will become very valuable when a proper wharf is built by the Government, which, it is ' hoped, will not be much longer delayed. A further block of 102 acres has been leased by Mr Graham, from Mr Anderson, at a ~' "rental of £50 per annum, for 10 years, with a right to purchase for £1000. This lease will also be handed over to the Company. ,- The property, with Furniture, Plant, Live Stock, etc., Baths,. Bath-houses, Hotel, Cat- . tages, Land, «rd the Lease above mentioned, .. will be- Bold by Mr Graham to the Company for £23,000. Mr Graham only requires one- .. half of this .amount to be paid within six .-months from'allotment of shares, and will accept fully paid up shares for the balanca of the purchase money. One-third of the shares ;. will A be apportioned to and reserved for the .. Southern Provincial Districts of New Zealand, vand Sydney and Melbourne. The preliminary expenses incurred in the formation of the „ Company will also be paid by. Mr Graham. The Hotel business yielded last rear a net , profit of £1,622, to which sum it has steadily , grown from the small beginnings of eight ! years ago, when accommodation for visitors ! was first attempted. j It is proposed to appropriate £7000 in I enlarging the Hotel and other improvements, ib order to keep pace with the growing de•mand and great increase of visitors from the I South of New Zealand, and from all parts of Australia and the South Sea Islands. The i profits of the year may then be confidently estimated at from £2000 to £3000, with a ate,increase in the years to follow, i r t 'From the land alone a large rerenus must

ultimately be secured, and in the meantime the current and increasing business is a suffi- :.- cient guarantee for handsome dividends to the shareholders. A meetiog : of the subscribers will be con* ■■.' vened for the Eleotion of Directors, 4c. (who will be duly.appointed according.to the num* her of shares taken up in each Provincial . District and in Sydney and Melbourne), of which due notice will be given. - Applications for shares will he received by the members of the Auckland Brokers' Aesoeia- , tion, and at the temporary offices of the Company, Colonial Bank Buildings, Queen-street, till 20th day of July, 1882.

ME HOT SPRINGS HOTEL BUSINESS ACCOUNT. 321, New Zealand Insurance Building!, Auckland, 16th May, 1882. Bobbbi Gbaham, Esq., , -.-.v-l/. Sir, —Having completed the audit of your Manager* books and accounts' for the year ending 13th May, i 882,1 have now the pleasure •' of-banding you the accompanying documents, viz.: Profit and Loss Account, Receipts and Expenditure Account, and the Balancing Account on 13th May, 1882. Beference to the Profit and Loss Account : shows that the business done during the twelve months amounted to £5,159, yielding a profit ""' The figures for the year ending May 13th, 1881, were —Business done, £1,545, and profit. £1,291. The business done in the year ending 13th May, 1882, has therefore been £614 and the profit £331 more than during the previous year. A per-centage '' coinpsriaon shows that the business done was thirteen and R-half per cent, more than last