Page 11 Advertisements Column 1

Press, Volume LXX, Issue 21122, 24 March 1934, Page 11

GOLDEN GULLY Sluicing and Development Company Limited Capital - ■ £25,000 DIVIDED INTO 500,000 SHARES OF 1 - EACH Proceeding to Allotment next Tuesday, March 27 th. 1934 H The Prospectus of the Golden Gully Sluicing and Development Co. Ltd. was filed only on March 7th, and it is therefore significant that more than sufficient shares have already been applied for within 14 days to enable the Company to proceed to allotment 011 the date given above. The commendable features of this investment that have made this success possible are briefly as follows : Tlu> arras have item fully investigated and favourably reported on by expert mining and civil engineers, including Mr H. YICKERMAN, of Messrs Viekerman & Lancaster. Wellington, Mr G. M. POWELL. Mining: Engineer, Westport, Mr 11. 8. BURLEIGH. Mining Engineer, Christchurch and Mr JOHN HENDERSON, Mining Engineer, Christchurch. Sir James Hector, K.C.M.G., M.D., I'.R.S.. also made a very complete survey of this area in 1890-91, and the average of 27 samples taken by Sir James Hector was IG/G per yard. Two of these were bulk tests of over 100 yards. Eighteen samples taken by Mr 11. S. Burleigh disclosed an average value of 19/9 per yard. After reducing the value given by the engineers by SOCf, the company is still in a position to pay dividends at the rate of tiG PER ANNUM, after making ample provision for the writing oil' of capital, income-tax, etc. The Company's claims situated at Para Para, Colling wood, exceed 800 acres, thus ensuring long life to the Company. Hydraulic sluicing and elevating is the method that will be used for the foothills, while the lou lying flats will be bored to ascertain the gold content before dredging. The water rights on the property arc some of the finest in New Zealand maintaining a steady supply of 50 heads of water throughout the year. This will make possible the treatment of a tremendous yardage at very low cost. ® In view of these facts, interested investors are urged to forward application forms by return mail, or apply for copies of the Company's Prospectus without delay to A. PERRY & CO. LTD. BOX 659, CHRISTCHURCH ROOMS: 212, 213, 214 COMMERCE BUILDINGS. 'PHONE 36-288

ALMOST EVERY FAMILY is as dependent upon the business judgment of the breadwinner as upon his earning ability. The Wife and Mother, who makes the home, has a right to make certain that the family income will be safeguarded if the breadwinnpr is taken away. A Trustee Institution has the business judgment and experience • f many persons instead of one. Its life is continuous. It does not d;e or leave the country, and its accounts are subject to a continuous and searching audit. Our officers will be glad to explain how we can serve you m protecting your family's future. You may discuss such matters in entire confidence. THE PERPETUAL TRUSTEES CO. Ltd. Established 1884 A. C. BRKTHERTON, Christchurch Manager 145 Worcester Street, Christchurch i Offices: Christchurch, Timaru, Oamaru, Dunedin, Inverea.£x,J j