Prospectus, continued, the promoters believe that—taking into consideration the Accountant’s statement, as submitted in detail, also the fact that the firm have spent largo sum of money in opening and organising their various branches and factory, and allowing for the increased trade which will, doubtless, be done under the auspices of the new the shareholders may depend upon getting regular and good dividends. All the preliminary expenses in connection with floating the Company are to bo paid by Messrs Kompthomo, Prosser and Co. ACCOUNTANTS STATEMENT. “I certify that Messrs Kempt home, Prosser and Co.’s books, from 28th January, 1860, to 31st October, 1878, have been exhibited to me. They have been kept by double entry, and systematically balanced on the 28th of February of each, year, the profits being regularly added to capital. The annual stock lists have also been produced. Balance-sheets from Auckland and Wellington were also exhibited; the former extending back to 1872, and these documents are clear and business-like, and accompanied by returns of sales, bill under discount, and other details, so as to shew fully the position of the branch houses at each balance. “ I have taken out and tabulated the results shown in the Dunedin books, and the balance-sheets referred to, and compared the profits at the end of each financial year with the sales made during the year, and, also, with the capital shown in the books at the beginning of the year, and find the following average results for the four years ending 28th February, 1876; “ Ist. The net profits on the cost values of the sales for the last four years, equal .. ~ 15.320 per cent. “ 2nd. The average net profits on the average capital, equal., .. 23.08 per cent. “WILLIAM BROWN, “ Accountant. “ Ist November, 187 8.” Forms of Application for Shares can be obtained at the Union Bank of Australia and its Branches throughout the Colony; from the Secretary, at the firm’s offices, Stafford street,' Dunedin; High street, Christchurch; Lambton Quay, Wellington ; and Shortland street, Auckland. Applications will be considered in the order in which they are received. The Share List will close on the 30th November inst.
H. N. ABBOTT FORMERLY OF THE ' WAITEMATA,' And more recently of the 'CITY CLUB HOTEL,' HAS much pleasure in announcing that he has purchased and taken possession of the UNITED SERVICE HOTEL, Corner of QUEEN and WELLESLEY STREETS, AUCKLAND. This Splendid House will be found replete with every : modern comfort and convenience for visitors, and at the present time is in all respects the MOST LUXURIOUSLY FURNISHED AND ELABORATELY APPOINTED HOTEL In the Colony of New Zealand. SPECIAL SPORTING NOTICE. All matters connected with the sporting business for so many years under Mr Abbott's direction, will hi future be. transacted to 'tit the same promptitude regularity and attention at the UNITED SERVICE HOTEL. THISTLE WHOLESALE WINE AND SPIRIT STORE. ASSORTED CASES OF WINE, SPIRirS AND BEER, paoked and delivered on the shortest notice. 'orb, Cosen's Sherry. Australian Wines—Red and White. Best Brands in any quantity. Having Cool and Spacious Cellerage, our Customers may rely on the SUPERIOR FLAVOR OF THE WINES, Etc., supplied. It being the desire of the Proprietor to supply the VERY BEST ARTICLES at the Lowest Possible Advance on Cost Price, our Prices will be found very moderate. Country Orders, wcompanied with Post Office Orders promptly attended to. J. G. LITTLE,
I PROPRIETOR. [COMMERCIAL HOTEL LIVERY and BAIT STABLES. TIME TABLE : COACHES will leave the Commercial Hol>l, Hamilton, daily for the Bailway Sation to meet train?, as under :-- 638 a.m. Passenger Train to Auckland 12.20 p m. —Passenger Train to Auckland 6.35 „ Goo Is Train to Mercer 10.6 „ —Passenger Train to Ohaupo Ppr Hire:—Saddle Horses and Cooveyances. Excursionists can be driven to any part of the Waikato. First-class 9table Accommodation, with fine Loose Boxes attached. H. MOFFLIN, Proprietor. (Late Manager for Cobb & Co). T f FORWAKDING AGENCY Office : Near Hamilton Kailway Station J. K. McDonald has made arrange, ments with Messrs Patterson & Co., Produce Merchants, Queen-street Auckland, to receive, and forward per Rail to Hamilton, all parcels addressed to his care J. K. McD. having been several years Agent for the Waikato Steam Navigation Company, can positively Bay th»t till goods consigned to his care will be delivered with the greatest possible attention and despatch, and nothing shall be wanting on his part to earn and retain the confidence of las patron*. J. K. McDON \LD, Receiving and Forwarding Agent. I Hamilton, 20.h March, 1878 '
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Waikato Times, Volume XII, Issue 1008, 7 December 1878, Page 4
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743Page 4 Advertisements Column 2 Waikato Times, Volume XII, Issue 1008, 7 December 1878, Page 4
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