Page 4 Advertisements Column 1

Daily Telegraph (Napier), Issue 3776, 22 August 1883, Page 4

Prosgieeliis. THE MIKONUI "WATER RACE AND GOLD3IINING COMPANY (Limited). (To bo registered under the 3lining Companies Act, 1872.) Capital .. .. £30,000 In thirty thousand Shares of £1 each, 20,000 of AA'hich are iioav offered to the public. The present owners having agreed to hand over various Valuable Properties for the sum of £2000 to be paid by tho proposed Company in instalments spreading over a . period of eighteen months, and -1000 fully paid up shares, the OAvners binding themselves to take a similar number of contributing shares in the ucav Company. A cash deposit of sixpence per share to bo made on application, aud ls per share on allotment, calls not to exceed sixpence per month. An influential Board of Piwisional Directors has been appointed, including 3lr E. Patten, J.P., of Napier. 3lA>-AC*Erc, pro. tern., AVilliam Duncan, Hokitika. rinillS Company is formed for tho purpose -L of purchasing the lease of 70 acres of Avhat is anticipated avi'll turn out to be rich alluvial land, also of various Avater rights. From tho 3lount DOr Company's claim, Avhich forms the eastern boundary, -1330 ounces of gold Avcro taken from a bottom area of H- acres. This Company haA-c sluiced as far as they can in this direction, and havo only been stopped by the boundary line of the proposed Company's ground, and a late ay ashing at this boundary gave tho handsome return of 210 ounces.

In conclusion tho Directors recommend the proposed Company to the notice of investors -witli every confidence, and believe that the Avater race alone Avill return satisfactory dividends. Prospectuses and all further particulars may be obtained from the Hawke's Bay Broker, ROOPE BROOKING. August Kith, ZEALANDIA BOOTS.—Quality Guaranteed at E. W. KNOWLES' Boot Warehouse, Hastings-street.