Page 4 Advertisements Column 1

Thames Star, Volume XIII, Issue 4240, 3 August 1882, Page 4

.-*.-.« •■ -. Prospectus^'""'' 1"'"" _._.... / P.E-0 SPEC T-U-S -- « ■ ;op the ITTAIWEEA HOT SPBINGS VVr/ COMPANY (Limited). Capital, £30,000.; in £30,000 Shares of £1 each. ■ mmmm i • \ yll»500 fully^'paid-up shares will be issued to ■ "''' f;*Mr Graham, rs part payment for^ the property. The capital on tbejemaining shares will be payable as follows :—ss per snare on application ; 5s per share on allotment, and;the balance in calls not p|r Bhare, at intervals of not '"* ""less than three! months. -> " PbovisiokaU Dibbctoes : -'I ji W. Aitken, Esq. } F. G. Ewington, Esq. D. B. Cruickshank, Esq. Jas. Robertson, Esq.j Thos.«»3rrin, Esq. \ A. Brock, Esq •R. C. gfcrstdw/Esq, \ F. Earl, Esq. Thos. Buddie, Esq. ; Goorge Piaser, Esq. 1 ' Df Haines ' • Jno. Kirkwood, Esq. Jos. Banks, Esq. \ E. Ludlow, Esq. Hy. Brett, Esq. \ Jackson Palmer, Esq. Jno. Fisher, Esq.* 5 C. T. Wren, Efq. Jas. Wallace, Esq. > Hunter, Esq. ..-• ,t~ flyFi-Andersoniilsq. i Esq/: ■ SCc;";Ore«nw6od, Esq.: .G*>. McNab, .Es'q-' " v Jos. Bennett, Esq. . ; Rich. J, Gill, Esq. -„ J«wl BI»ck, Esq: John Milne, Esq. Jno. Anderson, Esq. t \ Thos. Macffarlane, Esq. T.-Henderson, Esq, M. Ju:C. M: Murchie, Esq. J. WlW»nison, Esq, M.L,C. E. Hornsby, Esq. F. J. Moss, Esq., M.H.K. S. Kohn, Esq. W.J.*Hurst; Esq. V M.H.R. Capt. W. Steele ■ CaftoJ.'H. n. Harrison; W. H. Grace, Esq. ""Capt. Colbeck ' '• A. Martin, Esq. ' •'- W. S. Wilson, Esq. W. Lodder, Esq. J. Craig, Esq. i G. H. Layers, Esq. F. J. Somerfleld, Esq. ' Dr Goldsboro' James Stewart, Esq.,C.E. DrJ. M. Moore H. J. Wickero,Esq. ■■ Dr Honey&an / ;. *-l Rich. Reals, Esq." ,- . DfStockwell / ; ' J'" I 'G. Holdship, Esq."" "* B. Ireland, Esq. J." Waymouth, Esq. R. J. O'Sullivan, Esq. Georga Harper, Esq. . „ _Wm. Waters, Esq. -■ - "R7M. Stark, Esq. J. L. Hatswell, Esq. Charles Ring, Esq.., •- - „ Jno.,Endean, Esq. Jas. B. Graham, Esqt-'- " ■Eidwin Hcsketh, Esq. John James, Esq. A. Devore, Esq. Andrew Bell, Esq. Jno. Taylor, Esq. J. Cosgrav«,*Esq.-:-. .3 Tohn Reid,Esq. ""1i A. Cairns, Esq. *. ' ■• Jbhn Winks, Esq. , M.,H. Roe, 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. Win. Perciyal, Esq. ' ' Bankees : •■ : . The Natfoasl Bank-of New Zealand. •> ■ '.-Jin Solicitous: Meesrs Wbitaker, Rus/sell> and Buddie. BB0KBB8: Auckland Brokers'' Association. „ „ '•'.' , t Sbcbbtabx pbo iem : . . ■ i ''• . -John Milne, Esq. . OFFICES OF THE COMPANY: COLO- . NIAL - BANK BUILDINQS,. QUEEN. ,ff? BET» AUCKLAND. „ .., The Company is formed to purchase from Robert Graham, Esq., the valuable Hot ' Spring«V'Biiths, Hatel, and Estate,' situated at the Waiwera, within four hours by coach iroad,> or twenty-four miles bytjrjiter^from the Cify of Auckland. Steamers tun daily, and a mail coach to arid ; from the North Shore three times a week. The Waiwera HarVour being within tho ■* 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. „_ Seabathing^ river batbirig.and boating on thejriver wfrichruns 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 ■pent large sums in developing the property since, h/J,-acquired it "nearly forty years ago. Having brought it into a paying condition, be wishes to retire' and leave to others the further, great improvement of which • the --' Waiwera property is now capable. '''' '' \ The property handed.over to the .Company will Yiorisist of the Hot Springs (which have. yielded an inexhaustible supply of mineral water from tima immemorial); the Hotel which ia doing a large and profitable business, and capable of accommodating'from 90 to'lOpptar- ' ions comfortably ; the whole of the Harbour frontage, and,72B 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 Belayed. \ A further block of 102 acres has been leased bylit 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.Purniture, Plant,. Live-, Stdck, etc., Baths, Bajtb-bouseß,,.Hotel, Cot-:. tages, Land, atid the Lease above mentioned,' will be sold by Mr Graham to ; tlie,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 folly paid up shares for the balance of the purchase money. One-third of the shares; will'be'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 joar a net profLV.of £1,622,' to wnich Bum it has' steadily ' grown,from the Btnall beginnings of eight years ago, when accommodation for visitors was'first attempted. It is proposed to appropriate r £70.00- in enlarging the Hotel and other improvements,in order to keep, pace, wit L..the growing demand and greatincrease of,'visitors from the South of New Zealand,.and from all parts of and; the.. South;- Sea-Islands.;.The profits of the year may then be confidently' estimated at from £2000, tp £3000, with a proportionate increase in the years to follow. From the land alone a large revenue- must ultimately'be secured, and in the meantime the current and increasing businesses a sufficient guarantee for-handsome dividends to the. shareholders* ' ..,, * . A meeting.of the, subscribers will be ; con- ' vened for the' Election of Directors, &c. (who will be duly appointed according to the number jof, shares 'taken 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 tEe Auokland;Brpl<erß* Association, and at the'temporary offices of the Gompany^Oolonial Bank Buildings, .Queen-street, v >r. till 20th day of Jujy, 1882..,.,.. j mjb ;hot^ springs hotel'business /; ' account: '■■'■■'■ !'! ' 321, New,- Zealand Insurance .Buildings, ; *?,.,'.'".! "R. /.Auckland, 16th:May;'lBB2. EoBBfixGBAHAMjEsq., • „. , .; Birj—Having completed the audit of your Manager's books and accoufatß for the year ending 13th May, 1882; Ihave'aaw tbe'pleaeure of handing you fcbeacconjpanyingjdoojUmentß, viz.:;Prpfit' and : Loss Account,. Receipts and Expenditure! Account, and the« Balancing Accowton >i3ttMay j i882.. v0 .,,.. ; ,=. ; w .* RefereppQ'.tP.the ?rofit and; Loss Account sbows'lhat the business .done during the twelve i months amounted .to £5,159,. yielding .a.Brpfit >■■ of£iijs^;'.V";; i.;:^:.\"i: \. .;;; *. ; IHa'fiiarA fbr-jtibji^ear^endiag Maj ,13bh, 1881, were—Business el'obe," £4,545,, and profit Sr.tffr''* The^'b*i£e|f ;^oW:i;n the; year ending 13th May, 1882;-h4s therefore been £614 and the profit £331_ more than duriD'|r"U>'e' "previous "year." " A per-centage comparison shows that the business done was thirtetfttind a-half ■pwi oenti- more' than last