The business and property to be sold in clude the valuable leasehold premises in Manners street, with a purchasing clause at £"1372 10s, the leasehold interest of the vendor being valued by Messrs Cook and Gray at £5500 (subject to a mortgage of £750, which will be paid off by Mr Smart); and also securities for advances amounting to £2772 13s 8d ; and stock-in-trade in shop, valued by Messrs Cook and Gray at £IO2O 18s 6d, in addition to furniture, office and shop fixtures, and fittings, etc., in shop valued at £428 13s; and the furniture and fittings in the Criterion Theatre, £152 7s 6d. Deeds disclosing the vendor’s title to the said lands, the encumbrances thereon, and valuations by Messrs Cook and Gray of the various pro perties, and of the goodwill, and the agree ment with Mr Curtis, as trustee for the pro posed Company, may he seen at tho offices of Messrs Moorhouse and Hadfield, Feathers street, Wellington. Mr Smart’s object in floating his business into a Company is, that ho feels certain, with a larger amount of capital, better results can bo obtained, his bona jides being shown by the fact that of the purchase money £IO,OOO will be taken out in shares in tho Company ; and his confidence in tho Company while under his management is shown by his preferring paid-up shares to cash, and by his agreeing to guarantee personally 10 per cent, per annum on all contributing shares, and to receive no dividend, remunerationforhis services, or pay ment whatsoever, until subscribers are paid 10 per cent, per annum on the amount for the time being called up on the shares subscribed. Tho method of disbursing tho net profits will be—firstly, 10 per cent, to subscribers; secondly, 10 per cent, on the vendor’s shares; and thirdly, tho balance will be paid to all holders of shares in the above Company in proportion to the amounts for tho time being paid up on each share. The progress of the business, as shown by the enormous increase of tho capital in the ten years of its' exist ence, is sufficient to indicate the soundness of tho investment, which, combined with the large interest obtainable at a time when the rate of interest on most other investments has sunk so low, renders it an opportunity to intending investors seldom to be met with. 