Page 3 Advertisements Column 1

Clutha Leader, Volume I, Issue 43, 6 May 1875, Page 3

yj^^RTHUR' A, ADIIS; GENERAL COMMISSIpSI & NEWSPAPER AGENT, Land and Estate Agent, GEORGE-STREET, DUNEDIN. *fc ""ARMER^, MINERS, AND OTEtERS mRY Q. E. DORMER'S InMlible Remedy for Gout and Rheumatism. Sold in bottles — Mixtures 55., Liniment 2% 61, at the Dispensary, Princes- street (next Bank of New Zealand), Dunedin. PROSPECTUS or thb TTAITANGATA RAILWAY AND -"- COAL COMPANY (Limited). Registered under the Joint Stock Companies Act, 1860. CAPITAL, 2,500 Shares of LlO each. Five Shillings per Share to be paid on application, and Fifteen Shillings on allotment. A Call of Twenty Shillings per Share to be made thirty: days .after allotment, and a further Call of Twenty Shillings per Share to be made sixty days after allotment. No further Call to exceed Twenty Shillings per Share, payable at intervals of cot leas than three months between each Call. PROVISIONAL DIRECTORS j Mr DAyiD L MAITLAND, North Molyneux Mr FREDERICK FtJELL, Kaitangata Mr WILLI4M[_AITCHEBON, Kaitaagata Mr REG. MACDONALD, Kaitangata Mr WILLIAM HODGE, Eaitangata Mr ROBERT GRIGOR, Balclutha Mr T. T. RITCHIE, BaloluthV Mr JI GIBSON; BMITH, Balctptha Mr JAMES DAVIDSON, Dunedin Mr HORACE BASTINGS, JDunedin Mr ROBEBT WILSON, Dunedin Mr JAMES P. MAITLAND, Dunedin Mr JOHN BATHG ATE, Dunedin Mr A. JERUSALEM, SMYTH, Dunedin Mr WALTER GUTHBIE, Dunedin Mr W. 8. PILLANB, Balclatha Mr FITZCLAREJJCE ROBERTS, Popotunod Witk power to add to their number. . BANKERS; The National Bank of New Zealand. SOLICITOR -. 8.. P. Kenyon. ENGINEER : J. E. F. Cbylc. SECRETARY : M. W. Hawkins. , ; OFFICE,:, Princes-street, Dunedin. This line of Railway is 4J miles in length, passing over a perfectly level trapt of . ccuntry and the proprietors of the land through which the line will pass have agreed to give np to the Company, free of all compensation, sufficient land on which to'construct the Railway say a strip one chain wide. . . r Tfcis line will run throughthe flnest grainproducing lands in New Zealand ; conseque'ritlyTbe traffic cbnndt fail to be verjr large, independent of the coal, which of itself would be sufficient to warrant the promoters in recommending the undertaking to the public. : The coal-fields are 1,000 acres in extent, and are now in active operation, with every appliance'on the ground necessary for turning oat 400 tons of coal per day. There is a tramway from the mouth of T th4 pits tb>here it is proposed the station should be. A pait from the seam of coal now worked by the Coal Company, a new scam has been disovrena and carefuUy tested, the thickness being 27ft'. 6in., with rice riioogh Ho carry away any water .which may be met with. 1 ] This seam can be worked at little expense, as itjvill beiippfoacbedby a Bhort drive iato the bill, no shaft being required. ; The" coal is so favorably known in the province as being, second; to none for household purpose?, and'also for having excellent eteam-producing prop;SptieS, r^hkt, it i B , , nO - -necessary to say more about i€, many preferring it to Newcastle, even at present rates" charged ; but, on the, completion ,of the proposed tine, it wiilbe laTTded' in Duneain at ja price, that will pay the shareholders. hand. somery, and' defy compeiitionl Th!e^coal can be delivered in trucks^ Sto^pg, Station at 12s per ton, and in Dunedin at 18s to 20s"pdr ton. The price hitherto has been 40s per ton. j The prpnipters have already sent to f Eng. land for rails of same section and weight as those used by, the General Government. The line has been surveyed by the Engineer and approved of by t"he Provincial Govern ment, who have given their sanction to the objects of the company, and luve agreed tio give every facility to the carrying out Of the same. -„ , : ,..-. - , ■, o -- r j The promoters have obtained esthnates of the cost of constructing the Railway, and are in communication with contractors who are willing, to nnderfcake the completion of the line ready for iraffic for a sum of L13,20Q, including the cost of , .permanent - y^aj materials. It is not ccntemptated tb call up more than L 15.000 of-the capital. . Applications, for Shares maybe made oil or bifoM i Jflie 14th -dayl of liMajU 1875, accompanied by a deposit of five shillings per "hare, addrossed-to- .•-.-,-.. - BOBSBT GRIGOR, Agent, ' ' ; . Balclutha; Or to M. W. HA^K^ ,S^etery^> ;