TARANAKI OIL WELLS.
[XS.K PBS3B ASSOCIATION ]
New Fltmouih, Last night. '1 ho quantity and quality of oil obtained at Moturoa continues to be satisfactory, and Mr Fair has now pegged out sites for several now boi-js. Numerous applications are being made from other parts of the colony to Mr Fair to apply in Sydney for ehaies. Ho declines to conduct correspondence, but suggests that persons wanting shares nmy authorise some persons in New Plymouth to sign the request, whioh is being signed by iSew Plymouth applicants to the number already of 3500 shares. The draft articles of abeooiatiori provide for COOO shares of £1 ouch of which half is to bo paid up shares given for tho syndicate's property. %he deposit is 2s Gd, and further calls aro to bo limited to Is each. Mr i'air continues to be inundated with applications, and states that he finds jit impossible to answer correspondence. / Messrs Samuel and Fair leave per Kotoc a ahana for Sydney on Wednesday. k
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Bibliographic details
Daily Telegraph (Napier), Issue 7385, 7 June 1895, Page 2
Word Count
166TARANAKI OIL WELLS. Daily Telegraph (Napier), Issue 7385, 7 June 1895, Page 2
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