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Prospectuses. FOR PUBLIC INFORMATION ONLY. PROSPECTUS Of the ROXBURGH LEAD GOLD DREDGING COMPANY, LIMITED. (To be Incorporated under "The Companies Act, 1882.”) CVPITAL - £II,OOO. 2,000 fully paid-up Shares to be allotted to the Vendors, and 9,000 Shares are offered to the J übhc for subscription on the following terms:—ls per Share on application. Is per Share on allotment, and the balance in calls not exceeding 2s per Share at intervals of not less than one month. Provisional Directors: The Subscribers to the Memorandum and Articles of Association will allot the Shares bcfoTected 10 olr,pany ’ and the rst Genera! Meeting, when permanent Directors will Bank er?; NATIONAL BANK OF NEW ZEALAND, LIMITED. Solicitors: SMITH, CHAPMAN, AND SINCLAIR. Interim Secretary: TOMPSON LAMB. t Consulting Engineer: F. W. PAYNE. Brokers : BARR. LEARY, AND CO., Dunedin and Wellinrton. ROBERT COCKBURN, Roxburgh. Tins Company is projected to acquire and work by dredging mining areas and in naracres (more or less) situated on the Molyneux River, being Sect>ons 77 and /8, Block 11., Teviot Survey District. The lower or river portion of the claim consists of 50 chains of the Molvneux River j I the xbl!r ? h - J ubrlee, and Endeavor claims. From the position of" this portion hj , ' alm , thcre ls no doubt that the rich nm of gold from the Roxburgh Flat passes through the claim, as there is no other outlet. g P C ' The upper or bank portion of the claim may also be considered, proved "round as the Dunedin dredge, working alongside, has proved a rich lead of gold going into the bank f i/ u ' ondors Agreement, dated 23rd cf January, is made betwemrßoberl Cockhurn of Roxburgh, of the one part, and James Newburgh Lawson, of Dunedin, on behalf of the proposed Company, of the other part, which, together with original reports can be seen at the office of Messrs Barr, Leary, and Co. P S ’ "° G See " of dotation and incorporation will be home bv the Company. Dividends will be paid per share, irrespective of the amount, paid up. REPORTS. Tl p , . t, , , r , £'£'> ■‘dreet. Dunedin, 22nd January, 1900. jo the Promoters Roxburgh Lead Company, Dunedin. , Gentlemen —1 have surveyed and examined your dredging property near Roxburgh lr be knoun as the Roxburgh and have now the honor to report as follows: ’ ~ rif propcrty insists of two special claims situated on the Molvneux, one above and the other bedow Roxmirgh, being respectively Sections 77 and 78. Blcck I T . Teviot Survey Distnct and embracing a total area of 28). acres, to which mav bo added another liTr 2 acres, which it is intended to take up about midway between the claims, the distance between the said claims (on the river) being 92 or 93 chains. ■i i j ?TP 6r tlaun, section 77. is purely terrace ground, and embraces an area of 13 acres Company ’ s c,aim and the Main roart ’ and « The lower claim, section 78, is entirely river bed, and embraces an area of 151 acres being all that streten of river. 50 drains in length, between the Roxburgh Jubd°e and the Endeavor Company s dredging claims. The daims are favorably situated, and I am informed that good gold has been traced into them by the Dunedin and Roxburgh dredges; and with a powerful modem dredge together with careful and efficient management, good results should obtain. 6 ’ Mam roads pass alongside the property, which is distant about 41 miles from Lawrence the grotuid t,on ’ and " materi:i! ’ lnctllclln g machinery and coal, can be carted direct on to ■i talr sle ? rnin S co . al is obtainable from the local pits at Coal Creek, three or four miles distant, so that working expenses can be reduced to a minimum. pectus loCal ' ty P ' an tlle claims al] d other points of interest is attached to the prosI am, gentlemen, yours faithfully, N.‘M. KIRKCALDY, Civil Engineer. Mr R. Cockburm " Alexandra South, January, 1900. Dear Sir,-Complying with your request in references to the leases held bv you included in the chum known as the Roxburgn Lead, in reference to that- portion of the claim adjoinmg the Roxburgh Jubilee claim, i may say that we commenced dredging at your boundary witn the Jubilee dredge, and found a spicudid bedv of wash carrying "ood "old Wp Ci good returns whilst dredging, and got as high as 38oz per week, and I reckon we we’re no working more (ban bait-time owing to stoppages caused by the incompetency of the dred"c It, is my opinion that with an up-to-date dredge you must get good returns. I have m hesitation in saying that the property is a good one. Yours faithfully, D. D. ELDER, Vendor Jubilee Dredge Party, Roxburgh. Mr R. Cock burn. Roxburgh, January 8, 1900. Dear Sir.—Re your holdings here in the river and hank, which is to be known as tht Roxbur"h Lead, I think you have one of the best properties in the district, for the bant alongside the Dunedin is one of the best banks I know of. There is good -old from fh op as far as we went down, for we have never got one bottom, and when the rive™ w u high 12 months ago we worked into the bank, and out of a small piece about the size of dredge we got £2.500 worth of gold. I can show you or anyone £ it and sue is doing well at present, butcannot get into the bank; and we have "oodgolc all the way m front of your claim. Then as to the river holding: When such dred-o as Jubilee and Endeavor have got such good returns at both top and bottom of vour difm and as there is no oilier way that the gold ever got down to the flats below bit th-ou"} jour cbm., and as the Endeavor got 19oz for three days’ work at the bottom end am the Jubilee got more than that at the top end land I have worked oil both these diedffes and I know what they can do). I am certain that an up-to-date dredge will do more thar the two, for t.,ey never saved much more than half the gold. As none of vonr grounc is old workings, my belief is that an up-to-date dredge will get from ISOoz in innra week, tor the gold is there, but we hiivo few dredges THOS. H. GOURLEY, “ Engineer Dunedin Dredge.

FOR PUBLIC INFORMATION ONLY. PROSPECTUS Of the L AI)Y ROXBURGH DREDGING COMPANY LIMITED. ’ (To bo Incorporated under “ The Companies Act, 1882.”) CAPITAL £II,OOO, Divided into 11.000 Shares of £1 each. Of which 2.000 fully paid-up Shares are allotted to the Vendors, and 9.000 Shares are offered for subscription on the following terms ;-l s per Share on application, Is per Share on tha° T^'month 6 not CMendin S ls * intervals of no[ less Provisional Directors: The Subscribers to the Memorandum and Articles of Association will allot the Shares re gister the Company, and call the First General Meeting of Shareholders when per' raanent Directors will be elected. ’ per Bankers: THE BANK OF NEW ZEALAND. Solicitors: Messrs DOWNIE STEWART AND PAYNE, Dunedin. Consulting Engineer: Mr F. W. PAYNE. Brokers: AND C - Dunedin and Wellington. Mr ROBERT COCKBURN, Roxburgh. Interim Secretary: Mr HERBERT POWER. The Company is projected to work mining areas, and in particular a ininiao- on SltUated 0,1 tfae Mf >lyiieux River, being Section 79, Block 11., Te^iS The property is situated between the Teviot and Kohinoor claims about w ™u ■above the Whip of Roxburgh. The claim has been proved to Sn ven rich wask Hie property is a proved one, both as to value and suitability for dredging- and it u seldom as safe a dredging investment is offered in a river claim. Aithourf, aoluthat a good deal of work has been done on the claim, when talcing into consideration P whal :,™ a I are | |'- a dr edee "f the Magnetic type gets over when working the ground systemati this p£Sy ba S? , S r uncier st°od that the old Dunedin dredge only worked a fraction of tnis propert}. ihe lower end of the claim is virgin river. A F^T nt '.which is dated the 9th day of February, 1900, is made between ™ ° f the one P art - and James Newburgh Lawson of Dunedin nnrt b = hj f -I th ® pro P c, f ed Company, of the other part, which, together with original n2 P ■ can be seen at the office of Messrs Barr, Leary, and Co. The jests of flotation and incorporation will he borne by the Company Dividends will be paid per share, irrespective of the amount paid up. REPORTS. Mr R. Cockbnm. Roxburgh, January 19, 1900. ~ Dear Sir,—Complying with your request in reference to a special claim held hv vm, situated between the Teviot and Kohinoor claims, on the Molyneux River and situated oMv VlT® T ? t ° Ve xburgh ’ Dunedin dredge worked on part of ’the mur^d only bottomed at a tew places. As tar as I remember, she got, the following returns— At No. 1 [>eg, at the Kohinoor boundary, she got 150oz per week no bottom- hot™ No. 1 and No. 2 peg. 1560z per week: at No. 2 peg, 140oz per nX' " J? and N°. 3 peg, lOOoz per week; between No. 3 and No. 4 pe<* 60or—nobot tom, at No- 5 peg 250z to 30ov. per week—i.o bottom on the east aide; between No 5 and No. 6 peg, 250z to 28oz-no bottom on the east side; between No. 6 and No 7 peg 2CW no bottom, No. 7 peg, 60oz—no bottom on the east side: between No 7 and 950z-no bottom: No. 8 peg, 90oz: between No. 8 and No. 9 N o 9 30^ no bottom on the east side; No. 9 and No. 10 peg, 16oz: No. 10 peg could U No. 11 peg. 12oz. The ground from No. 12 peg to No. 16 pe* the 7 the Teviot claim, has not been prospected. I may say thatVknow that oarl ° f well I was working on the Dunedin dredge whilst'"getttg tic above r^i^lf With a good dredge YOU WILL HAVE NO DIFFICULTY IN GETPINr nVFB pa^fble K ' ***'** y °" inclUded the ab ° Ve Claim W been proSd to Yours faithfully. M. HARLFWICH. , Government Insurance Buildings, Messrs Barr, Leary, and Co. Dunedin, February’ 10, 1900. Gentlemen,—Having inspected your claim near Coal Creek known tk„ „ burgh, I recommend a dredge to work this advantageously should be -is Rox ’ 120 tons per hour; maximum depth of working, SOH from sSce of drTd with long screen and wide spread of tables. As the clam is d P fit P d dredge could commence work without an elevator, but designed suitable C ' Um j he „*** f work i„l„ banks. I ...Wte”ita Yours faithfully, - : F. W. PAYNE. PRELIMINARY NOTICE. rpHE POINT D'OR GOLD DREDGING COMPANY LIMITED, Adjoining Trie Royal Maori and Rise and Shine Companies’ Claims, Clutha River near Cromwell. ’ CAPITAL - - - - £12,20). In 12.200 Shares of £1 each. Issued to the Public, 10,000 Shares, of which 6,600 have already been applied for ieavin 0,400 open for application. FULL PROSPECTUS WILL BE ISSUED AS SOON AS PRINTED. SIEVWRIGHT BROS. AND CO. J. J. RAMSAY AND CO., Joint Brokers, Dunedin.

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Bibliographic details

Evening Star, Issue 11168, 17 February 1900, Page 6

Word Count
1,873

Page 6 Advertisements Column 2 Evening Star, Issue 11168, 17 February 1900, Page 6

Page 6 Advertisements Column 2 Evening Star, Issue 11168, 17 February 1900, Page 6

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