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rpHE object of the Company is to work the FearX Naught Claim, and to purchase the machinery belonging to Messrs. Hamlm and btevens, adjacent thereto. The machinery proposed to be purchased comprises an engine, capable of driving 15 head of fetamperw, and a battery of five head of stampers, which are at present -working, together with site, buildings, water rights, license^ tool«, and all other rights and appurtenances thereto belonging. Of the six hundred shares five hundred will be retained by the shareholders, ninety will be allotted to tha machine-owners as part payment, aud the remaining s«venty are offered to the public at par. Of the £700 thus raided, £500 will be paid to complete the purchase of the machinery, and the remaining £200 will be for improvements and working the claim. , , , It is considered that £200 will be ample to commence with, as the machinery is complete in every respect, and immediate returns will be obtained. The average yield of quartz already crushed from this claim has been at the rate of soz. to the ton. Forty tons of quartz can be obtained from the claim weekly, which will keep the stampers occupied constantly. Applications for sharec, accompanied by a deposit of £1 per share, to be made to Mr. W. O. Hamlin, Manager, care of Union Bank, Shortland ; or to T. S. Wkston, Esq., Solicitor, Auckland. The balance of £9 per share to be paid upon allotment.

PROSPECTUS OP THK SACRAMENTO AND ALABAMA UNITED GOLD -MINING COMPANY (REGISTERED). Capital, £5,500, in 1,100 Shares— £s per Share. Directors : Mr. Walter Sigley, Auckland. Dr. A. M. Williams, Auckland. Mr. William Cumming, Shortland. Mr. A. K. Heyland, bhortland. Bankers ; Bank of Australasia. Brokers : Mr. Martin Sholl, Auckland. Mr, William Cumming, Shortland. Solicitoe : William Carey, Esq., Shortland. Office of the Company : Pollen-street, Shortland.

THE Company has been formed, and will be Registered under the Mining Companies' Limited Liability Act, 1865. Tbe Claims are situated on the Alabama Creek (branch of the K^raka), and comprise seventeen men's ground. ' The Shareholders in the above Claims have agreed to an amalgamation, by whith means the various leaders running through the ground can be worked from a lower level than would otherwise be possible, and a greater fall of water obtained. In addition to the leaders already cut in the workings, from which good prospects and excelleri specimen! have beeu obtained, a gold-bearing reef has been exposed in the Confidence and Rothesay Castle Claims (adjoining the Company's ground), the magnetic bearings of which have been proved to run through the Sacramento and Alabama. The original Shareholders have retained 680 shares (paid-up capital) ; 420 are now offered to the public. 10s. per share to be paid on appll atioo, aud 10s. on allotment,. Monthly calls, not exceeding 10s., may be alter wards made by tbe Directors, if necessary, until the whole capital is paid up. The object of the Company, in submitting these shares to the public, is to enable them to erect machinery, and carry on more efficiently the working of the Claims. Printed forms of application for shares may be obtained from the Company's Brokers or from any of the Directors. WALTER SIGLEY, Manager.

as O3 H I o «? * 2 § fi M O <1 OhO h I & Sis I b < * q S I I r^ -< « § I J. WAYMOUTH, (Late of Wyndham-street,) PUBLIC ACCOUNTANT, ETC., BEGS leave to announce to his fiiends and the public of Auckland that he has entered into PARTNERSHIP with Mr. J. T. O'DuNJNELL. The name of tbe firm will be WAYMOUTH & O'DONNELI, And they will carry on business at Bowen-street, SHORTLAN D, as GENERAL DEALERS AND COMMISSION AGENTS.

As J. Waymooth is leaving Auckland, and retiring from the practice of his profession as a Public Accountant, be takes this opportunity of thanking his friends (especially of the legal profession) for the confidence they have placed in him and the support they have given him. Auckland, October 1, 1868. AUCKLAND AND THAMES PARCELS DELIVERY. FIETCHER BROTHERS BEG to announce that they are making arrangements in Auckland, Parnell, Shortland, Graham's Town, Tookey's Flat, and neighbourho. ds, which will enable them to undertake the RECEI P 1 and DELIVERY of PARCELS, &c, with safety, promptness, and at mcle-ate charges. Head Office : Grey-street, Shortland. Auckland Offiue : Mr. S. Hague Smith's store, Queen -street Wharf. Particulars of branch offices in a few days, CLARK, ARCHIBALD. & SON, Warehousemen, Shortland-street.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18681019.2.41.2

Bibliographic details

Daily Southern Cross, Volume XXIV, Issue 3513, 19 October 1868, Page 5

Word Count
732

Page 5 Advertisements Column 2 Daily Southern Cross, Volume XXIV, Issue 3513, 19 October 1868, Page 5

Page 5 Advertisements Column 2 Daily Southern Cross, Volume XXIV, Issue 3513, 19 October 1868, Page 5

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