Page 4 Advertisements Column 1

Thames Star, Volume XIII, Issue 4232, 25 July 1882, Page 4

■'■-:■-.■' -■ -1 :" Pio pectuLß.' " • '" ! Otf THE WAI WEB A HOT SPRINGS f COMPANY (Limited). Capital, £30,000; in £30,000 Shares of . £1 each. llisoo.ful,l^ paid-up shares will he iisaed to Mr Graham; as part payment for the property. The capital on the remaining shares -will be payable at follows:—si per share on application ; 5s per share on allotment, and the balance in calls not !"-•" .' exceeding ss, per share, at intervals of Hot " ' lesß than three months. Photibiok/i. Dibxctoks: - : .W. Aitken, Esq. : P. G. Ewington, Esq. • D. B. Cruickshank, Esq. Jas. Robertson, Esq. Thos.-Morrin, Esq. ; A. Brock, Esq. ij. C. Barstow, Esq," E. Earl, Esq. Hhos. Buddie, Esq- • Oooi^o Fraser,.Esq. I)r Haines ; Jno. Kirkwood, Esq. Jos. Banks, Esq. • E. Ludlow, Esq. Hy. Brett, Esq. '■■ Jackson Palmer, Esq. Jno. Fishor, Esq. '. ' C. T. Wren, E?q. Jas. Wallace, Esq. ; . - T. H. Hunter, Esq. -:rH: F.-Anderson, Esq. .„ ■ Wni." McCullough, Esq. J" J£ 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. SI. Murchie, Esq. J. Witliamson, Esq, M.L.C. E. Hornsby, Esq. F. J. Moss, Esq., M.H.R. S. Kobn, Esq. W; J: Hurst, Esq., Af.H.K. Capt. W. Steele Capfc. 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. Sonierfield, Esq. ' Dr Goldsboro' James Stewart, Esq., C.E. Dr J. M. Moore H. J. Wickens, Esq. Dr Honeyman Rich. Keals, Esq. Dr Stoekwell G. Holdship, Esq. ' B. Ireland, Esq. J. Waymouth, Esq. R. J. O'Sullivan, Esq. i Georgo Harper, Esq. Wm. Waters, Esq. ' "101, Stark, Esq."- " J. L. Hatswell, Esq. Charles .Ring, Esq. Jno. Endean, Esq. Jas. B. Graham, Esq. ' Edwin Hesketh, Esc^ .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.' ; ,Rees Geoige, Esq. . S. Jackson, Esq, ' l F.- J. Hull; Esq. - Jas.' Russell, Esq. Francis Skeens, Esq, J. H. Upton, Esq. Jno. Wallace, Esq. ' W. Gorrie, Esq. Wm. Percival, Esq. BANKKB9: The National Sank of New Zealand. Somoitobs : Mesßrs Whitaker, Russell, and Buddie. Bhokebß : Auckland Brokers' Acsociation. i Sbcbetabt peo tern : . | John Milne, Esq.. , OFFICES OF THE COMPANY: COLONIAL BANK BUILDINGS, QUEEN - STREET, AUCKLAND. The Company is formed to purchase from Robert' 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 HarVouY being within the Hauraki Gulf, offers a delightful pleasure trip,. of which , many thousands,avail themselves during the- ' year. 1' ■'•."'... 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. 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 through* out the year that tobacco and the orange and lemon grow.' luxuriantly. Mr Graham has ..spent, large sums in developing the property since he acquired vit nearly forty years ago.. Having brought it into a puyiug condition, he wishes to retire and leave to others the further great improvement of which tho Waiwera property is now capable. The \ roperty handed over to the Company . will consist of the Hot Springs (which have yielded an inexhaustible supply of mineral water from tiro 3 immemorial); the Hotel which is doing a large and profitable business, and capable of accommodating from 90 to HWper- - sons comfortably; the.whole of the Harbour frontage, and 728 acres more or less of adjacent ■ country. - The latter is admirably adapted for • Township, Villa Residences, and smallFurms. '. • It will become very valuable when a proper wharf ia 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 Groham, from Mr Anderson, at a rental of £50 per annum, for 10 years, with a right to purchase for .£10(10. This lease will also be handed over to the Company. J The property, with Furniture, Plant, Live Stock,-etc., Baths, Bath-houses, Hotel, Cot- ■ tages, Land, ard-the Lease above mentioned, -will be sold 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 felly paid up shares for tho balance of ! the purchase money. One-third of the shares will be apportioned to arid reserved for the Southern Provincial Districts of Now Zealand, and 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 reir a not proSt of £1,622, to which sum it has steadily grown from the small-beginnings of eight years ago,- when accommodation for visitors whs first attempted. It is proposed to appropriate £7000 in enlarging the Hotel and other improvements, iD order to keep pace with the growing demand and great increase of visitors from tho South of New Zealand, and fro-n all parts of Australia find tho South Sea Islands. The profits of the year may then be confidently estimated at from £2000 to £3000, with a 'proportionate increase ia tho years to follow. . From the,land alone a largo, revenue must ' ultimately bo secured, and in the meantime ' the current and increasing business is a sufficient guarantee for handsome dividends to the . shareholders : .' ■ A meeting of the subscribers will be convened for the Election of Directors, to. (who will be duly appointed according to the number of shares token up in each Provincial District and in Sydney and Melbourne), of which'due notice will be given. ■ Applications for shares will be received by the members of the Auckland Brokers' Association, and afc the temporary offices of the Company, Colonial Bank Buildings, Queen-street, till 20lh day of July, 1882. ME HOT SPRINGS HOTEL BUSINESS r ,- .; -ACCOUNT. . 321; New Zealand Insurance Buildings, '' ', '■"'■' Auckland, 16th May, 1882. • Eobeet Geahajt, Esq., • '■' • Sir,—HaviDg' completed the audit of your "Manager's books and accounts fur the year ending 13th May, 1882,1 have now the pleasure - of handing you tbe accompanying' documents, ! viz.:-Profit arid Loss Account, Receipts and Expenditure Account, and the Balancing : Account on 13th May, 1882. .'.n<-- Reference -toi too Profit and, Loss Account • shows that the business done during the twelve ;,. months amounted to £5,159, yielding a profit of £1,622.* •.;.-.-.• ' > The figure* for the year ending- May 13th,' .. 188 li were—Business done, £4,545. and i -.'> profit, £1,291. ■ " The business done in the year ending 13th May, 1882, has therefore I been, £614 and profit £331 more than i during the preyidas^year. A per-centage \ '■ comparison showi'tbkfcthe business done was thirteen and s-half per cent, more than lest