Page 3 Advertisements Column 2

Kumara Times, Issue 166, 16 April 1877, Page 3

> a o s p EOT us L j' ? -•-." oftjue >. "■■•'* A l' OK,UItU AND PROSPECTORS' AMALGAMATED WATER RACE AND GOLD MINING COMPANY. {To be registered under the Joint Stock Companies' Act, 1860), KUMARA, BOUNTY OF WESTLAtf D, NEW ZEALAND. Capital : lAO,OOO, in 200 Shares of L6O each, Of which Thirty Shares are to be fully paid up and given to the Promoters of the Company for the purchase of all their rights in connection with the'Okuku Race and Prospectors' Race, Claim, tools, «&c., besides the payment in caßh of L 2,700, being amounts paid by Promoters for the purchase of the Prospectors Race, &c, and cost of surveys, plans, drawing out specifications ready for calling for tenders for the construction of the Okuku Race. Calls: LiO per share on application; LlO per share on allotment; future calls not to exceed L 5 per month. Provisional Directors: Mr John Hall, . Mr W.D. Kerr, Mr J. P. Harry, Mr T. Learmont, Mr J. Holmes, Mr J. Churches, Mr R. J. Seddori, j Mr F. C. Tabart, MrF.Dermott, Mr G.Bath. -Ban&ers: The Bank of New Zealand. Solicitors : Messrs Button and Reid. Brokers: Messrs F. A. Learmonth & Co;, Hokitika. It is proposed to form the above Company for the purpose of purchasing all the Race and Prospectors' (Cashman's) Claim, Tools, etc.. •;,•, -y -.-: y. It is not intended at present to call up the whole of the Capital, as the cost of the works now rlecided on will not exceed ,£7358 including the interest gi<ren to the promoters and the purchase of the race, etc. A sufficient margin will thus be left to meet any requirements that may in future arise for the extension of the Com-. pany's operations. The detail survey and estimates of the Okukufßace have been carefully completed by E. J. Lord Esq., and he reports, that by the construction of two reservoirs, one in Bell's Creek, and the other in the Okukii Creek, that a constant supply of at leaßt fifteen Government heads of water can be .depended on-all round, which can be btoughtinto the prospectors' race below the upper dam iat.,ft cost of L 3158 19s 6d giving with the present supply of the prospectors' race, a-constant supply of twentyfive to thirty Government heads of weter, '..throughout^the year. The promoters have purchased all the rights held by the prospectors in connection with their Race, Dams, Claim,-etc., at Knmara, and thus secured a most valuable proper+y, and one that yields an immediate return to the Company, the present revenue; of the race being estimated at an average? of ,L 36 pertfeek. THe-claim itselffa of'considerable value, Bnd can either be worked by the Company or disposed of, as overtures have already been made to the promoters for the purchase of it at a satisfactory price. The Company will have a great advantage in bringing in this extra supply into the Kumara gold-field, as they are already supplying a large number of claims '...with the Prospectors' Race, which only requires the additional water supply that the Okuku Rice will give to make it one of the best paying Investments on the Coast.

The Kmnara gold-field fa now Bo thoroughly and extensively developed, that ior<years to oome thfe sapply.of water, that will be at" the command of t&e Company must ensure a large revenue. Applications for shares will be received up to SATURDAY, the Seventh of April, at 6 p.m. As there are only a limited number of shares to be applied for, early application is necessary, as priority of application will be considered, -in allotting the shares.

Forma of Application can be obtained at the Bank of New Zealand Kumara, or from the Provisional Directors—and from the Company's Brokers, F. A. LearJionth and Co, Revell Street Hokitika. IQR THE TOTTER .SEASON. A large Stock of white and coloured BLANKET? W i KIBKPATRICK'S, Seddon-street, ADAME KOEMANN, French Deess Maker, SEDDON STREET (Opposite Bowling Alley). Wishes to inform the Ladies of Kumara and surrounding Townships that she receives the Paris Fashions by every Mail, and is now prepared to execute DRESS MAKING- in all its branches, in a style which will give satisfaction. le public of Kumara to YT know that H. Levy, wholesale and retail Fruiterer and Greengrocer, Revell-street (opposite the Duke of Edinburgh Theatre), Hokitika, receives shipments of Green Fruits and Oysters direct from Melbourne, Sydney, and Nelson markets. Packages made wp in any quantities to suit customers. Confectionery of every description. All orders will be promptly attended to» Prices strictly reasonable.