KARANGAHAKE GOLD MINING COMPANY.
Mr. A. T. Bate, shareb'roker, of Lambton j Quay, advertises in oar oolumnsto-night the - prospeotus of the Karangahake Gold Mining ; Company, in tho Upper Thames district. . The Karangahaz3 was floated in Auokland in the earlier part of the present 'boom, . bnt ft dispute having arisen about - the ground, which, is in a valuable position, the syndicate was dissolved. Now, < however, tbe Warden's Conrt has granted , the property to the present promoters. The Karangahake is bounded by the United, Mariner, and South British claims, the ' sbareß in all of whioh are at s> considerable ; premium, and it iB also alongside the Earl of Glasgow Olsim, bought for £25,000 by a Homesyndunte. Twenty promoter*' shares - have been reserved for sale in Wellington. Ten shares allotted to Anokland were taken , np last within an hour of tbe list , being opened. Mr.. Bate has a oompre- , pensive p}»n and, all part}onl»rs. " ' * " , |BT TBLXaKAPH.— PRBBS ASSOCIATION. | ] AxraxXANP, 27th Augnst. < Arrangements have been oompleted for ( the definite sale of the Waihi South mine in London. c The Wsihi-Silverton reef, 14ft wide, give* t on average assay value of £6 10s per ton. i Rbtpton, 27th August. o : At a meeting of the Big River shareholders s to-day, a resolution was passed authorising ' the direotors to sell the property for not less < than £75,000 oash, and a quarter interest in 1 the new oompany in paid-up shares, £5000 i to be paid-up as working capital, the deposit I of £1000 to be forfeited if negotiations are I not" completed within five mqnths of the c agreement being signed. This praotioally 1 allQws the 4}«x>tQrs to negotiate with the a representative of the English syndicate who a has mode the offer to pnrohast. - I
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP18950828.2.34
Bibliographic details
Evening Post, Volume L, Issue 51, 28 August 1895, Page 2
Word Count
290KARANGAHAKE GOLD MINING COMPANY. Evening Post, Volume L, Issue 51, 28 August 1895, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.