Page 6 Advertisements Column 1

New Zealand Tablet, Volume II, Issue 55, 16 May 1874, Page 6

PROSPECTUS OS THE DTTNEDIN LAND, BUILDING, AND INVESTMENT COMPANY, LIMITED. Capital Represented by 10,000 Shares of £5 each. Ss. per Share to be paid on application, 10s. on allotment, and the balance iv .Calls of ss. per Share at one month's notice. Only one-half of the Shares (5000) wilL be issued at present Provision ai, Directors : Edward Bowes Cargill, Esq. George Turnbull, Esq. John Richard Jones, Esq. Charles Stephen Reeves, Esq., M.P.C. Edward M'Glashan, Esq., M P.C. James Kilgour, Esq. Horace Bastings, Esq., M.P.C. Kobert Miller Robertson, Esq. Andrew Mercer, Esq. Julius Hyman, Esq. Keith Kamsay, Esq Alexander Burt, Esq. John Mitchell, Esq. Interim Secb.eta.uy : Urquhart MacphersoD. The object of this Company is to supply the great and daily increasing want of house accomodation in the City of Dunedin. The Company purpose purchasing eligible sites iv the city and suburbs, and erecting thereon substantial buildings, suitable for all classes. The houses, when finished, will be open for purchase by shareholders on deferred payment or otherwise, as may be agreed upou. When purchased on deferred payment, the cost of freehold and building will be treated as a Joan to the purchaser, to be repaid in a ceitain number of years by weekly or monthly instalments, which will not materially, if at all, exceed the usual rent charged at the present time for a similar class of house. To secure the co-operation of those who will most largely tale advantage of the benefits to be derived from purchasing houses from the Company, shares will be issued ou the Building Societies' plan, to be paid up in full to the ultimata vulue of £10 per Bhare by monthly subscriptions. These shares will not affect the issue, or in any way interfere with the £5 shares, forming the permanent capital of the Company, though they will participate in the profits, and can remain, if desired, as a permanent investment ; or should the holder become a purchaser of one of the Company's houses, the amount paid up may be used by way of deposit on the purchase. The Interim Secretary will be glad to supply full information to intending subscribers. Applications for Shares will be received by PAUL & MACPHEESON, Jetty -street.