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Prospectuses. PROSPECTUS OF THE ROSS No. 2 GOLD MINING COMTANY (Limited.) To be Registebad under "The Mining Company's Act, 1872." Capital, £30,000 in Thirty Thousand Shares of £1 each, 20,000 of which are offered to the Public at par. The present proprietors have agreed to hand over their interest in the Lease and Water Rights for a consideration of £500, and will take up 10,000 shares, upon which -Is per share shall be deemed paid. The promoters thus undertake a liability of 16s per share upon one-third of the total number to be allotted, thereby showing their perfect confidence in the genuineness of the venture. A cash deposit of Gd per share to bo made on application, and Is on allotment, calls not to exceed Gd per month. It is not anticipated that it will be necessary to call up more than half the capital. The Company is being formed for the purpose of working , a special claim of 81 acres held by the present proprietors, which immediately adjoins the Ross Gold-mining , Company's ground, and extends the whole length of its northern boundary, including a large portion of the Ross Flat, which is so well known to contain, within its area, some of the richest alluvial deposits in the Australian Colonies. Closely adjoining the Company's lease the celebrated claims known as the "Cassius," " Morning Star," and "Excelsior" are situated. From these three claims a total yield of 11,5430zs Otlwts and 12grs was obtained during a period (taking the average) of oi\ weeks, or equal to 3GGozs 9dwts sgrs per week. This large quantity of gold was obtained from an area not exceeding seven acres. It may be here mentioned that when the three claims were compelled to cease work, through inability to cope with the water, several of the best gold-bearing faces were being worked in a line leading towards this Company's ground. The proposed mode of working the ground is by hydraulic lifts, and the proprietors have scem'ed sufficient water power for that purpose. In inviting the Public to subscribe for the shares now offered, the Provisional Directors feel confident of the genuineness of the venture, and of its ultimate success. The fact of shares in the Ross Gold-mining , Company, the adjoining claim, realising at the present time from 70s to 80s per share, with only 9s paid up, is ample proof of the high opinion now universally expressed, that the ground is of a most valuable nature, and promises to be highly remunerative. It is worthy of note that a portion of the proposed Company's lease was included in the Ross Gold-mining Company's original survey and application, until such time as a detailed survey was completed, when it was found that more than the stipulated area applied for had been marked out. Attached to the prospectus is a plan showing the exact position of the claim with regard to the existing workings and leases in the Ross district. Immediately upon the requisite number of shares being- applied for the Company will be registered under the " Mining Company's Act, 1872." Prospectuses and plans can bo obtained from any of the above Sharebrokers, by whom applications for shares will bo received. Broker for Hawke's Bay— W" G. MOTLEY. PROSPECTUS. T KITCHEN & SONS AND M'LEOD BROS, (Limited). To bn incorporated under the Companies Act, 1882, limiting the liability of Shareholders to the amount of the shares. Capital £100,000 In 100,000 shares of £1 each, of which Messrs Kitchen and M'Leod retain 20,000 fully paid up. The remainder will bo called up as follows : —2s Gd on application, 2s Gd on allotment,_and the balance (of which it is not anticipated more than 5s will be needed) as may be required during the next two years. No call to exceed is per share. Judicious financial arrangements having been effected, it will be unnecessary to call up the whole of the capital. The Company to be registered on 30,000 shares being subscribed. Provisional Directors : Mr N. Reid (W. and G, Turnbull and Co.) Wellington Mr A. K. Newman, M.D., M.R.C.P. (Zohrab and Newman), Wellington Mr Jus. Smith (Turnbull, Smith, and Co.), "Wellington Mr W. H. Locke Travers (Travers and Cave) Wellington Mr S. Danks (S. Banks and Son), Wellington Mr J. R. Blair (Chairman Education Board) Wellington MrD. Anderson, jun., Wellington Mr B. Smith (Benjamin Smith and Co.) Wellington Captain W. 11. Williams, Wellington Mr H. Barber (J. andH. Barber), Wellington Mr Thos. Whitehouse, Wellington Mr E. Feist, Mastertou, Wairarapa, Wellington Mr ])unciin M'Lcnii, Greymouth Mr P. M. Griffin (Griffin and Smith), GreyMr J. Powell (J. Powell and Co.), Westport Mr I). W. Virtue, liokitika Mr F. Hamilton (Buxton and Co.), Nelson Mr T. R. Hodder, Nelson Mr H. C. Robjolms (Robjohns. and Co.), Napier Mr E. W. Knowles, Napier Mr Gilbert Carson, Wanganui Mr J. L. Stevenson, Wanganui Mr E. B. Cavgill, Duncdin Mr J. Kattray (J. Rattray and Co.), Dunodin Hon. Captain Fraser, M.L.C., Duncdin Mr J. R, Danson (Gibbs, Bright and Co.), Dunedin. Mr G. L. Dcnuiston (Neil and Co. Limited), Dunedin Mr W. G. Neil (Neil Bros.), Duncdin Mr F. Proctor (Proctor, Jones, and Co.), Duncdin Mr D. Baxter (D. Baxter and Co.), Dunediu Mr J. Mitchell (Fergusson and Mitchell), Dunedin Mr A. Burt (A. and T. Burt), Dunedin Mr W. Gregg (W. Gregg and Co.), Dunedin Mr Arthur J. Burns, Dunedin Mr 11. Paterson (Patcrson and M'Leod), Dunedin Mr A. Macfarlanc (A. and J. Macfarlaue), Dunediu Mr J. Low (Esther and Low), Dunedin Mr W. Wright, Dnnedin Mr W. D. Sutherland, Duuedin Mr W. Watson (Martin and Watson), Dunedin Mr A. Dornwell, Dunediu Mr Andrew Lees, Dunedin Mr R. Turnbull, M.H.R., (Turubull and Co.), Tiniaru Mr J. Anderson, Tiniaru Mr R. R. Taylor (Taylor and Bowie), Tiniaru Mr J. W. Humphrey (Bailie and Humphrey), Oanujru Mr A. J. Headland, Oamaru Mr J. Stock (J. Stock and Co.), Invercargill Mr R. Buchanan, Invercargill Mr William Bayley, New Plymouth Mr J. Arkle, Palmerston Mr F. Trent (Trent Bros.), Christchurch Mr S. Jameson (Jameson Bros.), Cliristchurch MrT. J. Muling (Muling and Co.), Christchurch Mr G. L. Beath (Boath and Co.), Christchurch Mr Jos. Clarke (J. Clarke and Son) Christchurch. Managing Director : Mr Joseph Kitchen. Broker : F. Pell. The company is projected for the purpose of acquiring and continuing the wellknown and extensive businesses which have been so successfully carried on by Mr J. Kitchen and Sons, at AVelliugiou, and Messrs M'Leod Bros., at Dimcriin, as manufacturers of Stearino Candle*, .Soaji. Glycerine, >to., &o. Forms of Application for Shares iiimv bo obtained, and Shares applied for. al (ho National Bank of Now Zealand. I,iuu(o<l, and its branches throughout I ho colony, ov at the oflice of frank: tell. Ttru \vont,n-i-\\MV".n O O I." X U S ' D I I , \J Can be procured in iu>y quantities from — Wμ. E. W O 0 I) S, Wtwksuio and Entail Oliwuisi.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DTN18830327.2.27.5

Bibliographic details

Daily Telegraph (Napier), Issue 3650, 27 March 1883, Page 4

Word Count
1,145

Page 4 Advertisements Column 5 Daily Telegraph (Napier), Issue 3650, 27 March 1883, Page 4

Page 4 Advertisements Column 5 Daily Telegraph (Napier), Issue 3650, 27 March 1883, Page 4

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