Page 2 Advertisements Column 4

Clutha Leader, Volume I, Issue 45, 20 May 1875, Page 2

]'- .'. . , I*3 otice. .^•tfA^'lJ^V#, MUIR, GENERAL COMMISSION & KiwibfAPEß AGENT, . Land and Estate' Agent, GEORGE-STREET, DUNEDIN. TO FARMERS, MINERS, AND OTHERS rpRT G. E. DERMER'S Infallible Remedy for Gout and Rheumatism. Sold in bottles — Mixtures 55., Liniment 2s. 61, at the Dispensary, Princes- street" (next Bank of New Zealand), Dunedin. PROSPECTUS ! or THE "TTAITANGATA RAILWAY AND -*-*- COAL COMPANY (Limited). Registered under the Joint Stock Companies 1 Act, 1860. CAPITAL, £25,000, in 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 not less than three months between each Call. PROVISIONAL DIRECTORS : Mr DAVID MAITLAND, North Molyneux Mr- FREDERICK FUELL, Kaitangata Mr WILLIAM AITCHESON, 'Kaitangata Mr REG. MACDONALD, Kaitangata Mr WILLIAM HODGE, Kaitangata Mr ROBERT GRIGOR, Balclutha Mr T. T. RITCHIE, Balclutha Mr J, GIBSON SMITH, Balclutha Mr JAMES DAVIDSON, Dunedin Mr HORACE BASTINGS, Dunedin Mr ROBERT WILSON, Dunedin Mr JAMES P. MAITLAND, Dunedin Mr 3 OHN BATH GATE, Dunedin Mr A. JERUSALEM SMYTH, Dunedin Mr WALTER GUTHRIE, Dunedin Mr W. S. PILLANS, Balclutha, Mr FITZCL.ARESCE ROBERTS, Popotunoa With power to add to their number, BANKERS: The National Bank of New Zealand. SOLICITOR: E. P. Kenyon. ENGINEER; J. E. F. Coyle. SECRETARY : M. W. Hawkins. OFFICE : Princes-street, Dunedin. This lme of Railway is 4J mites in length, passing orer a perfectly evel tract of country and the proprietors of the land through, which the line will pass have agreed to give, up to the Company, free of all compensation, sufficient land on which to construct the Railway say a strip one chain wide. Tlis line will run through the finest grainproducing lands in New Zealand ;' consequently the traffic connot fail to be very 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 fdr turning out 400 tons of coal per day. There is a tramway from the mouth of the pits to where it is proposed the station should be. A paTt from the seam of coal now worked by the Coal Company, a new sram has been discovered and carefully tested, the thickness being 27ft. 6in.,with rise enough to carry away any water which may be met with. This seam can be worked at little expense, as it will be approached by a short drive into the kill, no shaft being required. The. coal is so favorably known in the province as being second to none for household purposes,. andalso .for . haying, excellent steam -producing properties, that ifc is unnecessary to say more about ifc, many prefer, riog it to Newcastle, even at present rates charged ; but, on the completion of the pror posed line, it will he landed in Dunedin; at a price thafc will pay .the shareholders hand, somely, and defy competition. The coal: can be delivered in trucks at Stirling-Station at 123 per ton, and in Dunedin at 18s to 20a per ton. The price hitherto has been 40s per ton. The promoters have already sent to England for rails of same section and weight as those used by the General Government. The l|ne has been; surveyed .by theE&ghieer. and approved of by the Provincial Govern ment, who have given their sanction tcj the objects of the company>and h/ve agreeid tp.. give every facility to the carrying out o£ ihe same. The promoters have obtained estimates of the cost of constructing the Railway, and are in communication with contractors who: are willing to undertake the completion of I the line/rffiady^ for traffic, ior* an sjim pf :LIS,'2QO ? including the cost of permanent way materials. It is not contemplated to call up more than L 15,000 of the capital. Applications for Shares' may he made on or bsfore the 14th day of May, 11375, accompanied by a deposit of fire shillings' per. ghare/addsressei-to' •- -I a- -• ROBERT GRIGOR, Agent, Balclutha: Or to M. W. HAWKINS, Secretary, Prince sstreet, Dunedin.