Page 4 Advertisements Column 1

Thames Star, Volume XIII, Issue 4220, 11 July 1882, Page 4

f Prospectus PBOSPECTTJS - -OF-THB - WAI WEB A HOT SPRINGS COMPANY (Limited). Capital, £30,000; in £30,000 Shares of : £leacb. 11,500 fuller paid-up shares will be issued to Mr Graham, as part .payment for the property. The capital on the remaining shares will be payable as follows i—ss per share on application ; 5b per share on allotment, and the balance in calls not exceeding 5s per share, at intervals of not less than three months.' Pbovisionai Dibbcto&s: •W. Aitken, Esq. . F', G. Ewinpton, Esq. D. B. Cruickshank, Esq. Jas. Robertson, Esq. Thos. Morrin, Esq: A. Brock, Esq. - B. C. Barstow, Esq, P.- Earl; Esq. ' i - Thos. Buddie, Esq. Goorge Fraser, Esq. Dr Haines . , Jno. Kirkwood, Esq. Jos. Banks, Esq. ' E. Ludlow, Esq. Hy. Brett, Esq. . : Jackson Palmer, Esq. Jno. Fisher, Esq.. C/T. Wren, Esq. Jas. Wallace, Esq.- T. v H. Hunter, Esq. H. F. Anderson, Esq. Wm. McCullough, Esq. X. 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. J. 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' James Stewart, Esq., C.E. Dr J. M. Moore H. J. Wicketis, Esq. Dr Honeyman Rich. Kealgj.Esq. Dr Stockwell G. Holdship, Esq. B. Ireland, Esq. J. Waymouth, Esq. R. J. O'Sullivan, Esq. „ Oeorga Harper, Esq. -Wm. Waters, Esq. R. M. Starlr, Esq. J. L. Hatswell, Esq. Charles Ring, Esq. Jno. Endean, Esq. Jas. B. Graham, Esq. Edwin Hesketh, Esq. John James, Esq. A. Devore, Esq. Andrew Bell, Esq. • Jno. Taylor, Esq. J. Cosgrave, Esq. John Reid, Esq. A. Cairns, Esq. „, , John Winks', Esq. M. H. Roe, Esq. p. Hall, Esq. Ree's George, Esq. S. Jackson, Esq, F. J. Hull, Esq. . Jas. Russell, Esq. Francis Skeens, Esq. ' J. H. Upton Esq.' Jno. Wallace, Esq. W. Gorrie, Esq. Wn>. Percival,.Esq.; ■ " BAHKBBS: The Nations! Bank'of New Zealand. ' r " SoiICIXOBB : Messrs Whitaker, Russell, and Buddie. . Bbokekb : Auckland Brokers' Association. SbCBBTABY PBO TEM: John Milne, Esq. OFFICES OF THE COMPANY: COLONIAL BANE BUILDINGS, QUEEN STREET, AUCKLAND. The Company is formed to purchase from Robert Graham, Eeq., the valuable Hot Springs,. Baths, Hotel, and Estate, situated at tbe 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 Wsiwera Harbour being 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 known that comment is unnecessary. Boa* 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 the orange and lemon grow luxuriantly. Mr Graham has spent large sums in developing the property since be acquired it nearly, forty years ago. Having brought it into a paying condition, be wishes • to - retire and leave to ethers the further great improvement of which the Waiwera property is now capable. The property handed 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 capable of accommodating from 90 to 10U per-' ions comfortably; toe whole of the Harbour , frontage, and 728 acres more or less 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 i hoped, will not be much longer: delayed. A further block of 102 acres haa been leased by Mr ' Graham, from- Mr Anderson, at a rental of £50 per annum, for 10 yean, with a right to purchase for £1000. This lease will * also be handed over to the Company. The. property, with Furniture, Plant, Live Btoek, etc., Baths, Bath-bouses, Hotel, Cottages, Land, ard the Lease above mentioned, will be sold by Mr Graham to the Company for £23,000.' ' Mr Graham only requires onebalfof 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 share* will be apportioned to and reserved for thej Southern provincial Districts of New.Ze»lan6\ and Sydney and Melbourne. The preliminary expenses incurred ia the formation of the Company will also be paid by Mr Grahwm. The Hotel business yielded last Tear a net profit of £1,622, to which sum it haa iteadily grown from. .the small beginnings of eight . years ago, when accommodation for visitors was first attempted. ' It is proposed to ..appropriate £7000 in enlarging the Hotel and othejr improvements, in order to keep pace witL the growing demand and great increas* of visitors from tbe South of New Zealand,, and from all parts of Australia and the, South Sea Islands. Tbe profita of the yawp may then be confidently estimated at from £2000 to £3000, with a proportionate increase in the years tei follow. . F*o.n), the land alone a large revenue must ultimately be secured,. nnd in* the meantime* the current and. increasing btwiaess i» a euffiqient guamntee for haodeooM dividends to the abawboldera., Ameetibgof tk*> subscribers will be «onven«d for the Election of Directors, to. ((who will be duly appbintedaccording to the -number of shares taken up in each Provincial District and in Sydney and'Melhomrae), of which due notice will be given. Applications for shares will b» received by the members of the Auoklaiul Brokers* Associa-tion,-and at the temporary offioes of the Company, Colonial Bauk Buildings, Quean-streer, till 20th day of JuJj t 1882. " MB HOT SPRINGS HOTEL BUSINESS ACCOUNT. , 321; New Zealand Insurance Buildings, Auckland, 16th May, 1882. Bobbbt Gbaham, Esq., , Sir,— Having completed the audit of your Manager's books and accounts for the year ending 13tb May, 1882,1 have bow the pleasure of banding you the accompanying documents, viz.: Profit and Lota Account, Receipts and Expenditure Account, and the Balancing Account on 13th May, 1882. Beference to the Profit and Loss Account shows that tbe business done during the twelve months amounted to £5,159, yielding a profit Ot £1,622. 'She figures for the year ending May 13th, 1881, weie—Business done, - £4,545, and profit. £1,291. Tbe business done, in the year ending 13th May, 1882, has therefore been £614 and the profit £331 more than duriDg -the previous year. A per-oentage comparison show* that, the buiioen done was thirteen and a«half per cent, mow than last I