Page 4 Advertisements Column 1

Thames Star, Volume XIII, Issue 4233, 1 August 1882, Page 4

*:."''""Prospectus " " ■""'■" ~" > . ~ER~osPE.oTtrs ..■:. - ; [of the WAI WEB A HOT SPEINGS j COMPANY (Limited). j Capital, £30,000; in £30,000 Shares of i £l;eaoh. . | 11,500 ifaliy"paid-up "sharea will be issued to* Mr Graham, a» part payment for the property. The capital on the remaining shares will be payable as follows :—5« per share on application ; 5s per share on allotment, and the balance in calls not exceeding 5s per share, at intervals of aot leea than three months. Pbovisionai Dibeciobs: W. Aitken, Esq. F. G. Ewington, Esq. D. B. Cmickshank, Esq. Jas. Robertson, Ebq.. Thos. Morrini Esq.. A.- Brock, Esq R. C. BarstowV Esq, F. Earl, Esq. Thos. Buddie, Esq. Goorge Fraser, Esq. Dr Hainos 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. Wpi. McCullough, Esq. R. 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.! Hurchic, Esq. J. Williamson, Esq, M.L.C. E. Hornsby, Esq. F. J. Moss, Esq., M.H.R. S. Kohn, Esq. W. J. llurst;Esn.,M.H.R. Capt. W. Steele Capt. J. H. R. Harrison W, 11. Grace, Esq. Capt. Colbeck A.-Martin, Esq. ' W. S. Wilson, Esq. W. Lodder, Esq. J. Craig, Esq. . G. H. Layers, Esq. F. J. Somerfleld, Esq. Dr Goldsboro' James Stewart, Esq., C.E. Dr J. M. Moore H. J. Wickens, Esq/ - Dr Honeyman Rich. Eeals, Esq. : ' Dr Stockwell G. Holdship, Esq. • B. Ireland, Esq. J. Waymouth, Esq. R. J. O'Sullivan, Esq. Georga-Harper,Esq. Wm. Waters, Esq. B. JI. Stark, Esq. . J. L. Hatswell, B«q. Charles Ring, Esq.. . Jno. Endean, Esq. Jas. B. Graham, Esq.' Edwin Hesketh, Esq. John James, Esq. A. D'evore, 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. i 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. . ■ l BANKEBB : The Nations! Bank of New Zealand. SoiIOITOBS:' Mef»ra Wbitaker, Russell, and Buddie. Bbokebs:, Auckland Brokers' Association. : , ' Sbcbetabt pbo 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 Esfate, 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 being, within- the Hauraki Gulf, offers a delightful pleasure trip, of which many thousands avail'theiDßelves during the year. The beauty of the harbour and of the Burrounding country, as -well as the curative properties of its perennial and abounding thermal mineral springs, are so widely known that comment is unnecessary. Seabathing, rirer 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 tbe orange and lemon grow luxuriantly. Mr Graham has spent large sums in developing the property since he acquired it nearly foxlj 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 1 large and profitable business, and capable of accommodating from 90 to 10 J persons comfortably ; tne whole of the Harbour front»ge,,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 farther 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., Batbs, Bath-houses, Hotel, Cottages, Land, and the Lease above mentioned, will be aold 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 Bhares, and will accept fully paid up shares for the balance of the purchase money. One-third of the shares will bo apportioned to and reserved for the Southern Provincial Districts.of New 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 Tear 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. • It .is proposed to appropriate £7000- inenlarging the Hotel and other improvements, in order to keep pace- witL tbe growing demand and great increase of visitors from the South of New Zealand, and from all parts of Australia-and the South Sea Islands.- Tho profits of the year may then be confidently .estimated at from £2000 to £3000, with a proportionate increase in tho years to follow. From the land alone a large revenue must ultimately be secured, and in the meantime the current and increasing bushess is a sufficient guarantee for h'andsdme dividends to (.he shareholders. A meeting of the; subscribers- will be convened for the Election *f Directors, &o. (who will be duly appointed according to the number- of shares taken up in each Provincial ' District and in Sydney and Melbourne), of tthich due notice will 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 20th day of July,dßß2.SHIB.OT SPEINGS HOTEL BUSINESS ACCOUNT. 321, New Zealand Inturanoe Buildings,. '...-■• ' • Auckland, 16th May, 1882. ROBKBT GBAHAM, Esq., Sir,— Having completed the audit of your Manager's books and accounts 1 for the year ending 13th May, 1882,1 have now the pleasure of banding you tbe accompanying documents, viz.: Profit-and'Lobs Account, Receipts and Expenditure Account, and- the 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. ... rlhe figures for the year, ending ".May 13th, 1881» woie —Business done, ,£4,545, and, profit, £1,291." The business done, in the year ending 13th' May, 1882, has therefore been- £614 and the -profit ■_ £331..m0re than during the previous year. A per-centage comparison shows that the business done was thirteen ifad a-half per-; cent, more'than last