Page 2 Advertisements Column 5

Dominion, Volume 4, Issue 1067, 4 March 1911, Page 2

PUBLIC NOTICES. ABRIDGMENT OF PRO'S PECTUS OF TIE 1101 COLLIERY COMPANY, LTD. (To be incorporated under the Companies Act, 1908). Capital - - £60,000 IN 60,0(10 SHARES OF £1 EACH. Of theso 3000 Shares credited as fully paidup and representing .£3OOO of tho Company's nominal Capital are to be allotted to William Morrison Runcimani of Auckland (who is alsj tho promoter of tho Company), as tho consideration for the agreement hereinafter mentioned, and 57,000 Shares are now offered to tho public as under;— 2s. per Share nn application; 2s per Share on Allotment. , Tho balance by instalments of not moro than Is. per Share at intervals of not less than one month. Provisional Directors: (With Power to Add. GERALD FITZGERALD, -ESQ., of Wellington, Assoc M. Institute C.E. SIDNEY KIRKCALDIE, ESQ., of Wel- • lingtoi),- Draper. HARRY WALTER-" WILLANS, ESQ., of Kh-wdallah (near Wellington), Ge'ntleihan. i ' " Bankers: NATIONAL BANK OF. NEW ZEALAND, ; LIMITED." - Solicitors: Messrs HEEDMAN- AND' KIRKCALDIE; Wellington. Broker: , . CHARLES A. WILSON, 201 Lanvbton. Welliagtony ;; ; ; . Interim Secretary: iWATKINS, HULL:AND WHEELER; 1 '9 Johnston Street, Wellington. ' Auditors: CLARKE AND MENZIES, 197 QiirfyfiWslStf&lSofc s The objects and powers of the Company are to acquiro on -lease and work on royalty a coal area in tho Hunua coalfield. This is the nearest' coalfield to Auckland . yet and', is six miles or thereabouts, from .• l'apakura Township, which is 19 miles from Auckland by the' Main Trunk'Liil'e'-of Railway. Tho vendor contracts to. grant a lease of 597 acres for 99 years, at a Royally of SIXPENCE per ton on all coal SOLD which passes over a mesh of half au inch in diameter, the smaller 1 coal to be given free to the Company. Ho also contracts, without further charge, to assign to tho Company options'over :ari ; additional area of '969 "acr£s,' and 'over"the-"lands -through whkh it is proposed that tho tramway shall run..- , : • it; - '. : QUANTITY OF COAL.-Tho coalfield has been examined and reported on by Mr. John Hayes,- F.S.Sc., of Wellington, Mining Engineer.'-'.Mr,", Hayes is wellknown throughout the Dominion as the lato Inspecting! Engineer,, of Mines of tho Now Zealand Government, and has had; nn extensive and-Vkspoiisible-iexperienee iti the ehgincerin^:;ayd,,irt!i}j!tgcment;of largo colliery undertakings.--, Mr. -; Hayes calcu--lates that with' a"minimum teaiiijof only si* feet jn thickness, and allowing for'a loss of 20 per' cent, -in working, tho nnioui)t of saleable coal in tho area to bo leased is 3,500,000 foils, or equal to SO years' work at 75,000 tons per annum. Ho savs that by the inclusion of other arejjS; adjoining, the output* might reach from 8,000,000 to 10,000000 tons. QUALITY ,OF THE COAL,-The analysis mndo the Government Laboratory at Wellington of samples taken' from, OUTCROPS in tho creek bed by Mr.; Hayes is, -ho says, alm'ost identical with ' the" best quality of Kaitangata Coal.

COST OF WORKING.—Mr. Tlayes says, the proposed Colliery can bo opened without any shaft-si-iking or the driving of long aiul .expensivo tuunels, and also drained, for many years to come, by gravitation; ■ ' MARKET FOR COAL.-This will be principally Auckland City and Suburbs, Onchunga and tho district served by the Kaipara branch of tho New Zealand Railways. The close proximity of the coalfield, to these centres of population should enable tlio coal.to'.bo said at. h lowey rate than that now charged. Railage into Auckland from Papakitra is 2s. 9d'. per ton, or a saving of 3s; 9d. per ton afe compared with the -railage from the mines at Huntly. , , - ESTIMATED PRO FITS,-Mr. Hayes estimates that the averago cost for all classes of coal will be 7s. Gd. per ton ciii; waggons at and the average selling prico 12s. per ton'.i il-his . shows ail estimated profit of 4s. fid. "per' ton.-''or on (lie low estimate of 50,000 tons, a profit of ,ti1,250 per annum, equal to 30- per cent-, on a capital callcd up to .£35,000. Tho contract for salo between tho vendor anil George Alfred Hurley, of Wellington, Land Transfer Conveyancer, as Trustee for the Company, is dated the 17th day 'of February;--lflH,- and may be inspected at the office' of the Interim Secretary at.any tinvo within office^ hours., -" • " - ; Tho'amount ! of the preliminary ex-' penses, exclusive' of-' Brokerage, is estimated at .£2OO, and will bo paid by tluv Company. >; • . .. Tho qualification of a Director is the* holding of 1 250 shares in his own right.',; : ■ Tho minimum subscription on which the' Directors may proceed to allotment is' 30,000 shares. Applications for shares should bo made in tho form accompanying tho Prospectus, and forwarded to the Broker or the Interim Secretary with a remittance equal to tho amount payable oil application. Exchange must be added to nil cheques paval.de other than iii Wellington 'flic full Prospectus has'been duly filed with tho Registrar of .Companies. Copies of the Prospectus, with th'o Memorandum-of Association-and tho full report of Mr. Hayes,"showing the map .of the locality,-may bo obtained from tho Broker, Interim Secretary, or tho Trustee, Mr. G. A. Hurley. King's Chambers, or will be forwarded by past on -request. -

BLOOMING COMPLEXIONS. .. Bright Sparkling Eyes and' Good ' Health. All these-aro brought .to : women ■■ who tako — ' . Fluid Magnesia, Is: per bottle. Dinniford's Magnesia, ' ■ . Is. 2d. per .bottle.-■■ Citrate.Magnesia, 10d.. per bottle, You can get them at these"'low prices from CA r M P B EL L, ■ 40 and 42 MANNERS STREET, 293 CUBA STREET. 163. Riddiford Street. NEWTOWN. fff 0 * L ; INDs OR, WELLINGTON. Manager, -...A. E. Hardeastle. Absolutely (ho T''T.N"HST EQUIPPEDnOTEL IN Tl.t G DOMINION. Wedding Breakfasts and Banquets Specially catered for. Every Possiblo Convenience..,, i , Tariff,' Bs. per day; £2 10s. per week. .LUNCHEON, TEA, & GRILL ROOMS.