Page 4 Advertisements Column 2

Thames Star, Volume XIII, Issue 4229, 21 July 1882, Page 4

Prospectus ~ PBOSPECTUS OF THE WAIWKRA HOT SPRINGS COMPANY (Limited). CAPlfii.r*3o;ooo; in £30,000 Shares of _', . .:. £1 each. 11,500 fully paid-up shares will be iseued to Mr Graham, as part payment for the properly. The capifal on the remaining shares will be payable as follows :—ss per thare on application ; 5s per share on allotment, and tbo balance in calls not ..exceeding 5« per share, at intervals of Dot ' !less than three months. Pbovibionaii Diebctobs : W. Aitken, Esq. F. 6. Ewington, Esq. D. B. Cruickshank, Esq. Jas. Robertson, Esq. Thos. Morrin, Esq. A; Brock, Esq. r. C. Barstow, Esq, Fi Earl, Esq. Hjhos. 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. H. Hunter, Esq. H. F. Anderson, Esq. Wm. McCullough, Esq. R. C. Greenwood, Esq. Geo. McNab, Esq. Jos. Bennett, Esq. Rich. J. Gill, Esq. Jas. Black, Esq. John Milne, Esq. I Jno. Anderson, Esq. Thos. ilacffarlane, Esq. ! T. Henderson, Es>q, JI.L.C. M. Mnrchic, Esq. .). WiUiamson, Esq, JM.L.C. K. Ilornsbyj Esq. > F. J. Moss Esq., M.IT.R. S. Kolin, t<q. VT. J. Ifursl, ]->q., M.lf.fi. Capt. "VV. Stccle Capt. J. H. K. Harrison W. H. Grace, Esq. . Capt. Colbeck A. Martin, Esq. j W. S.Wilson, Esq. W. Lodder, Esq. ] J. Craig, Esq. G. H. Lavcrs, Esq. i F; J. Somerfield, Esq. Dr Gol«lsbor.o' ■JamesStewart, Esq.,C.E. DrJ. M. Moore H. J. Wickens, Esq. Dr Honeyman , >-■ Rich. Keals, Esq. Dr Stockwell -, G.-Holdship, Esq. . B. Ircland,.Esq. J. Waymouth, Esq. R. J. O'Sullivan, Esq. , Georga Harper, Esq. Wm. Waters, Esq. R. M. Stark, Esq. J. L. Hatswell, Esq. Charles Ring, Esq. Jno. Endcan, Esq. • ■ Jas. B. Graham, Esq. J3d\vin Hcsketh, Esq. I John James, Esq. A. Dcvore, Esq. i Andrew Bell, Esq. Jno. Taylor, Esq. , J. Cosgrave, Esq. John Reid, Esq. A. Cairns, Esq. ■ John Winks, Esq. M. H. Roc, Esq. r P. Hall, Esq. ' Rees 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. Wm. Percival, Esq. , ' ,;. Banker's : The National Bank of New Zealand. " Soitcitobs: Messrs Whitaker, Rufsell, and Buddie. Bhokehb: Auckland Brokers' Aesociation. Sbcbetakt pko tern : John Milne, Esq. OFFICES OF THE COMPANY: COLONIAL BANK BUILDINGS, QUEEN STREET, AUCKLAND. . , •The Company is formed to purchase from-i Robert Graham, Et>q., the valuable Hot i Springs, Baths, Hotel, and Estate, situated at the Waiwera within four hours by coach | road, or t«enty-four miles by water, from I the City of Auckland. Steamers run daily,' and a mail coach to and from the North Shore three times a week. The Waiwera Harbour beirg within the Hauraki Gulf, \ offer's 'a" delightful pleasure trip, of which | many thousands avail themselves during the year. The beauty of the harbour and of the j surrounding country, »s well as the onraMve properties of it's perennial and abounding thermal mineral springs, are so widely j known that comment is unnecessary. Sea-1 bathing, river bathing, and boating on the river j which runs through the property, are among \ the many attractions of this unique estate. Ibe climate is so mild and equable throughout the year that tobacco and tbc orange and j lemon grow luxuriantly. Mr Graham has : spent large :sume in developing the property ' since he acquired it nearly forty years ago. Having brought it into a paying condition, he wishes to retire and leave to others the further great improvement of which the Waiwera property is now capable. The rroperty handed-over to the Company will consist of the Hot Springs (which have yielded an inexhaustible supply of mineral water from tim 3 immemorial); the Hotel which is doing a large and profitable bueineas, and capable of accommodating from 90 to 10J persons comfortably ; the whole of (he Harbour frontage, and 728 acres more or less of adjacent country. The latter is admirably adapted for a Township, Yjlla Residences, and small Farms. It will become very valuable wlien 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 £s') per annum, for 30 years, with a right to purchase for £1000. This lease ,will also be hand; d over to the Company. The property, with Furniture, Plant, Live Stock, etc., Baths, Bath-houses, Hotel, Cot- i tagea, Land, ard the Lease above mentioned, will be sold by Mr Graham to the Company j for £23,000. Mr Graham only requires onehalf of this amount to be paid within six j months from allotment of shares, and will i accept fully paid up shares for ths bulanca of | the purchase money. One-third of the shares ' will be apportioned to and reserved for the , Southern Provincial Districts of New Zetland, j and Sydney and Melbourne. The prelimirt | ary espouses incurred in the formation of the ' Company will also be paid by Mr Graham. j The Hol.i-1 business yielded last veir a net j profit of £1,622, to whioh sum it has steadily grown from the small beginnings of eight ! years ago, when accommodation for visitors , was first attempted. It is proposed to appropriate £7000 in i enlarging the Hotel and other improvements, ' in order to keep pace witL the growing demand and great increase of visitors from the South of New Zealand, and fron all parts of Australia und the South Sea Islands. The profits of the year may then be confidently estimated at from £2000 to £3000, with a proportionate increase in the years to follow. From the land-alone a large revenue must ultimately be secured, and in tbe meantime the current and increasing busiiess is a sufficient guarantee for handsome dividends to the shareholders A meeting of- the subscribers will be convened for the Election of Directors, &c. (who will be duly appointed according to the number of shares- taken up in each Provincial District and in Bydney and Melbourne), of ffhieh due notice trill be given. Applications for shares will be received by the members of the Auckland Brokers' Association, and at. the temporary offices of the Company, Colonial Bank Buildings, Queen-street, till 20l h day of July, 1882. ME HOT SPRINGS HOTEL BUSINESS ACCOUNT,. 321, New Zealand Insurm'ce Buildings, Auckland, 16th May, 1882. Robbht Gbaham, Esq., Sir, —Having completed the audit of your Manager's books and accounts .for the year ending I.3th May, 1882,1 have now tbe pleasure of handing you the accompanying documents, viz.: Profit-and Loss Account, Receipts and Expenditure Account, and tbe Balancing Account on 13th May, 1882. . Reference to the Profit and Loss Account shows that the business done during the twelve months amounted to £5,159, yielding a profit of £1,622. The figures for ths year ending May 13th, 1881 L weie—Business done, ££,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 during the previous year. A per-eentage comparison shows (hat the business done was thirteen and a«half per] cent, more than last