Page 4 Advertisements Column 1

Thames Star, Volume XIII, Issue 4235, 28 July 1882, Page 4

:•,n < x :--U", ■ - Prospectus ,- PROSPECTUS I or the WAI WEB A HOT SPRINGS _. COMPANY (Limited). Capital, £30,000; in £30,000 Shares of ; £leach. ' .11,500 fully paid-up shares will •be .issued to ■, i;I.--/.; jMr';Graham," as part payment for'the ' property. The capital on the remaining shares will be payable as follows:—sf per share on application ; 5s per share on allotment, and the balance in calls not ._ exceeding 5s per share, at intervals of sot . J^ClJesii" than :thra^e months. ■ * Pbovisiqnai. Dikectobs: .W. Aitken, Esq. * F. G. Ewington, Esq. P. B. Cruickshank, Esq. Jas. Robertson, Esq., whos. Morrin, Eeq. > A. Brock, Esq. j t oor,Barstow, Es9' • F. Earl, Esq. t^ho&Buddle, Esq. -, Goocge 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, Efq. Jas. Wallace, Esq. ,- , T. H. Hunter, Esq. H. P. Anderson, Esq.; - Wm. McCullough, Esq. ■ "vlb. ,C; Greenwood*, Esq. ". Geo. McNab, Esq. • *Joßl Bennett, Esq. • -„ Rich. J. Gill, Esq. Jas. Black, Esq. John Milne, Esq. Jno. Anderson, Esq. 1 Thos. Hacffarlane, Esq. T. Henderson, Esq, M.I/.C. M. Murchie, Esq. J. Williamson, Esq, M.L.C. E. Hornsby, Esq. F. J. Moss, Esq., M.HiR. S. Kohn, Esq. W. J. Hurst, Esq., M.H.R. Capt. W. Steele CaptrJ^Hf R.-Harrison W. H. Grace, Esq. dmgk. Colbeck' ' A. Martin, Esq. ..W. S. Wilson, Esq. ; W. Lodder, Esq. J. Craig, Esq. . < G. H. Layers, Esq.' F.J. Somerfleld, Esq.- DrGoldsboro* James Stewart, Esq., C.E. DrJ. M.Moore H. J. Wickens, Esq. Dr Honeyman Rich. Keals. Esq. •- *■ Dr Stockwell , . . G. Hcldship, Esq.' - . B. Ireland, Esq. J. Waymouth, Esq. , • R. J. O'Sullivan, Esq. Georga Harper, Esq. Wm. Waters, Esq. R. M. Stark, Esq. J. I/. Hatswell, Esq. r'~ Charles Ring, Esq. Jno. Endean, Esq. Jas. B. Graham, Esq. Edwin Hesketh, Esq. John James, Esq. ' A. Devofe, 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. K«se3 George, Esq. S. Jackson, Esq, iF. J. Hull, 'Esq. ' Jas'. Russell, Esqr Francis Skeens, Esq. J. H. Upton, Eaq, Jno. Wallace, Esq, W. Gome, Esq. Wm. Percival, Esq. «i-:f *'/■-', . ' _. BANKBB8: . , <r , The National Bank of New Zealand. ; >' SoiicrroßS: ~* Messrs Whitaker, Russell, and Buddie. Bbokers: Auckland-Brokers' Association. Secretary pbo tern : ! £ o^ll 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, Batbs,; Hotel, and Estate, situated " at the Waiwera, within four hours by coach .road,. or .twenty-four miles by water, from t;th"e rCity of Auckland. . Steamers run daily, and 1 a mail Coach to and from the North Shore l three times a week. The Waiwera Harbour being within. the. Haurftki Gulf, offers a delightful, pleasure: trip, of. which " many thoußandV avail themselves during the yew.' i ■"' The, .beauty., of the harbour and of the surrounding country, as well as the curative properties .al r its. perennial aßd abounding thermal -mineral *■ springs, 'are so widely known, that comment is unnecessary. Seabathing, 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 ihe year that tobacco and the orange'and '^lemon.grow. luxuriantly. Mr Graham has . ? spent, Jarge sums in developing the property j since .he acquired it nearly forty years ago. . 'Having brought it into a' paying condition, ho wishes to retire and.-leave to others the ;further]Jgit«t improvement of which -the prope.rty.-ii now, capable. JL'.The property.handed over to the Company will consut of the Hot Springs (which have 'yielded an inexhaustible supply of mineral '-water from tiina immemorial); the Hotel which is doing a large and profitable business, and capable of accommodating from 90 to 100 persons comfortably ; the whole of the Harbour frontage, and 728 acres more or leas of adjacent country. The latter is admirably adapted for a Township, Villa Beßidences, 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 fujrtberJMock bf 102 acre's 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 aliOjjbe handed over to the Company. . .The'!property, with Furniture, Plant, Live Stock,. etc., Baths, .Bath-houses, Hotel, Cottages, Land, wd.the.Leaae above mentioned, will' be sold by Mr Graham to the Company for £23,000. Mr Graham only requires onehalf of this amount to be paid within six ' months- from allotment of shares, and will accept fall j paid up shares for the balanca of .the purchase money. One-third of the shares ' will be'apportioned' to and reserved for the j Southern Provincial Districts of New Zealand, i 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 rear s net " profit of £1,622, to which sum it has steadily grown from.the small beginnings of eight year's ago, when accommodation for visitors was firat attempted. It is proposed to 'appropriate £7000 in enlarging the .Hotel, and' other improvements, in, order to keep pace with the growing demand "and great increase of visitors from the South of New Zealand, and from all parts of Australia and the South S.ea Island*. The profits of. the year may then 1 be' confidently" .estimated at from £2000 to £3000, with a ' proportionate increase in;the yeara to follow. Frotn the land alone a large revenue must I ultimately be. secured,, and in the meantime thecurrent and increasing business is a suffi? cient 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 taken up in each Provincial „ District and in Sydney and Melbourne), of • 'b which due notice will be given, ■'\ ' Applications for shares will be received by ;' the members of the Auckland Brokers' Associa: . tion, and at the temporary offices of the Company, Colonial Bant Buildings, Qneen-street, till 20th day of July, 1882. ' EJE HOT SPRINGS HOTEL-BUSINESS ACCOUNT. 321, Ne^ Zealand-Insurance Buildings, .. ... Auckland, 16th May, 1882. Bobbkt 'Gbaham, Esqi, Sir,— Having completed the audit of your Manager's booka and accounts for the year ending 13th May, 1882,1 Hare now the pleasure of handing you the accompanying documents; viz.:' Profit. and 'Loss Account, .Receipts and Expenditure Account, and' the Balancing Account on 13th'May, 1882. , Refflrence to the Profit and Loss Account shows that the business done during the twelve months amounted to £5,159, yielding a profit of £1,688.- "<- . > . The figures for th« year ending May 13th, 1881,- were/— Business d0ne,"£4,545, 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 tbe^pjcevious year- „ A-per-oentage comparison shows that the business done w« thirteen fthd.a-balf perj cent, more than last