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•udH supply, of;,water \ and to enter intq ( oontraeu and agreonjents ) .withrany oth^r, persons for asupply of'water^' by, 'the, Coropany^.to them for domestic, agricultural, ,or .'manufacturing purposes ; arid to enable the Company, to, assign, and transfer the said rates and other property to the Superintendent for the 'time, being of the province of Auckland as a aeonrity for the annual sum of £3000, in oate the .Legislature of »uch. province shall pass an> Act 'guaranteeing to the said, Company and its Moit> gngees the annual, payment of such sum, Datedthe 17th day of May, 1860. J. L. CAMPBELL, Chairman of the Provisional Committee.

t£e waihoihoi coal company, PROVINCE OF AUCKLAND. Capital £10,000, in 2,000 Shares of £5 each. Provisional Directors : Dr. J, L. Campbbll, Chairman. , J. Cadman, J. Ninnis, H. Coolahan, C ( J. Stone, J. Hbkon, < D. Simpson, A. Viokeby, W. Walters. Solicitor : F. M. P. Buookfiei d. Secretary : Osmund Lewis. Office of the Company ; At Mn. Stone's Store, QUEEN-STUIET, AUOKLAND.

PRELIMINARY PROSPECTUS. mHE COAL MINES of this Company are situated _L on the land belonging to Mr. Fanner, at Waihoihoi, near Drury, in the Province of Auckland, and are held under a favourable Lease for 42 years, with the privilege of purchasing the fee-simple of the Estate, which consists of 1,600 acres, at a reasonable estimate. By a subsequent agreement with the Proprietor, the royalty to be paid to him upon each ton of Coal raised by the Company during the next four years, will be One Shilling. These Mines were opened, and have I esn worked by the original Shareholders at a cost of about £1,000, and between thiee and 400 tons of Couls huve been raised therefrom. At a Meeting held on the 7th of June, instant, at the Exchange Hotel, Shortlimd-slieet, Auckland, the Shareholders determined the Capital of the Company to be £10,000, divided into 2,000 Shares, of £5 each j and that the net amount of outlay in curred by the oiiginal adventurers in developing the Mines, shall be repaid to them in Shares of the Company. In order to facilitate the transport of the Coal from the Mines, and to economise its cost of transit, it, has been deemed necessary to construct a Line of Tramway ; and a careful surrey of the whole of the ground between Drury and the Manukau has just been made by Mr. J Stewart, C. E., who has delivered to the Company a Plan and Section of a superior Line, which will connect the Mines with deep water in the Manukau, where vessels of con•ideiable burden can lay alongside the Wharf and ship the Coal with racihty. This Tramway will be easy of construction, will contain no heavy cuttings nor embankments, and will possess very favourable gradients, and can be constructed for £4,170, which will cover every possible contingency connected there* with. Its length will be six miles and two chains. T,his Line, when completed, will enable the Company to convey their Coal from the Mines to the Mauukau, for one shilling per ton for haulage. It will also afford facilities for the local traffic of goods, from the point of disembarkation, to the various places on, and in the neighbourhood of, its route, as the necessary stations will be made for that purpose. It is proposed to construct a depot at Onehunga ; the site for which can be obtained from Government at a nominal rate. Considerable attention has been given by various competent authorities to the Coal deposits of the Drury District, who all agree in stating that a proper development of them is of the highest importance to this Province, as it will secure an addition to its indigenous products, and increase the amount ot its exports. It will also afford the means of emplojment to a number of its labouring population. InlHsB, Dr. F. Hochs tetteh, at the request of the Government of this Colony, examined this Coalfield, and his Report contains the following observations respecting it :—: — "I embrace the opportunity of saying a few words on the Commeicial value and applicability of the "New Zealand Coal" which has been found both in the Northern and Middle Islands, and u of similar character every where, although it entirely differs with the older Coals of the primary formations, yet I cannot see any reason why it should not be used in New Zealand for the same pui poses as a similar Coal is extensively applied in various partß of Europe, and particularly in Germany, where it supplies the fuel for Manufactures of all kinds, for Locomotives and Steamers, and for domestic purposes. I am perfectly familiar with this kind of Coil, and assure the people of Auckland that the Coal of this Country is quite as good as that which is used in Germany for the purposes I have just mentioned." Dr. Ilochstetter's description of the qualities and uses of the German Coal, which, in its age atid character, is timilai to the Coal of this Province, is supported by the authority of Lionel Brough, Esq., Mining Engineer, ami one of Her Majesty's Inspectors of the Coal Mines of Great Britain, who states in his Report that the Coal of Styria "is in actual use on the Railroad, and is much approved by the Engine Drivers ; it is used raw, just as it comes from the Mine, and it is every day to be seen in operation from Laybach to Prague j indeed the enormous draught of a Locomotive Engine seems to be entirely adapted to it in its uncoked state." "According to the testimony of those who have used it under the boilers of fixed Engines, it appears also to burn' with good effect." "I believe it will be found to be a valuable fuel for smelting the Iron ores of the neighbourhood, in which case it must be used raw — either with hot or cold blast." "By the Styrians it is called "Brown Coal," though I must beg to observe, it is a trui Coal, be. longing to, and found in, the true carboniferous formation " The Coal from the Mines of this Company has been used by the Proprietors of Steam Manufactories in this Province, and has met with their approval. For Gas purposes it is peculiarly adapted, in consequence of it containing so large a per centage of illuminating properties ; and for domestic use, its economy and facility of combustion will cause it to be speedily appreciated. In consequence of these Coal deposits being found above the sea lerel, thejr can be worked at an inconsiderable cost, by horizontal galleries or adits, thus avoiding the necessity of sinking expensive shafts and erecting pumping Engines, as the Mines will be capable of draining themselves. The Coal can, by these means, be obtained with great facility, and be deposited at once on the Tramway for delivery. It is well known that Clays of various descriptions, as well as Mineral Colours, are to be found on the Estate, which can be rendered of considerable value to the Company. Fire Clay and also Pottei's Clay are known to exist in great abundance in the strata ; and Dr. Hochstetter's attention was directed also to these deposits, and he strongly recommends "That any Company which may be formed for the purposes of working the Coal, should also, at the same time, establish Potteries for the Manufacture of Earthenware, remarkably suitable Clays of every necessary variety exist in the immediate neighbourhood of the Coal-field." The Capital already subscribed amounts to £3,000, and it is necessary, in order to make the Tramway and extend the workings of the Mines, that an additional subscription to the extent of 750 shares, representing £3,750, be entered into. As soon as the latter sum is provided, the Directors will at once call for tenders for the construction of the Line. A deposit of 25 per cent, of the amount of the Shares will be required to be paid on their allotment, and another 25 per cent, at the expiration of three months. The remainder in two calls of 25 per cent, each at further intervals of not less than three months, to be made by special votes of the Directors, ■> j Applications for the remaining Shares may be 'made to the Provisional Directors ; to Mr C. J. Stonb, Queen-street, the Agent of the Company ; or to the Secretary, at the Office, Queen-street, Auckland. ,_

NOTICE IS HEREBY GIVEN, that an application will be made to the General Assembly of New' Zealand, in the next Session thereof for an Act to enable the Governor to grant to Paul de 'Castklla. EsauiUE.'a Patent for tin Invention for" Improvements in the manufacture of Pipes for the •Conveyance of Water and Gases, and for inclosing .Electric Telegtaphic Wires, and other purposes; and also to a mode of strengthening various descriptions of . Pipes and rendering them waterproof and staunch. ■ , Dated this sth day,of July, 1860. , ' , , . . WILLIAM BRACEY, Shortland-street Auckland, Agent for the said Paul d« Castella,

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https://paperspast.natlib.govt.nz/newspapers/DSC18600731.2.36.2

Bibliographic details

Daily Southern Cross, Volume XVII, Issue 1317, 31 July 1860, Page 8

Word Count
1,493

Page 8 Advertisements Column 2 Daily Southern Cross, Volume XVII, Issue 1317, 31 July 1860, Page 8

Page 8 Advertisements Column 2 Daily Southern Cross, Volume XVII, Issue 1317, 31 July 1860, Page 8

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