Page 2 Advertisements Column 1

New Zealand Times, Volume LI, Issue 8523, 1 November 1888, Page 2

Prospectus PROSPECTUS, WAKAMARTNA-MAHAKIPAWA RIVER-BED GOLD MINING COMPANY (Limited), The Company will be Incorporated and Registered nnder the Mining Company’s Act, 1886. /. The Nominal Capital is £25,000, in Shares of £1 each. Calls —One Shilling per Share on Application ; Two Shillings per Share on Allotment ; One Shilling per Share per Month until Ten Shillings per Share is paid up. No further Calls will be made for the space of three months, and then only by special meeting. Provisional Directors : The Hon W. J. M. Larnach, C. M. G., M. H. R. The Hon P. A. Buckley, M.L.C., Wellington James Reid, Esq., Wellington T, W. Young, Esq., J.P., Wellington S. J. Maoalister, Esq., Blendeim R. H. J. Reeves, Esq., M.H.R., Nelson J. C. Brown, Esq., M.H.E., Lawrence The latter two gentlemen are practical miners of many years’ experience, whose advice and assistance will prove invaluable to the Company. Bankers: The Bank of New Zealand. Solicitors : Messrs Buckley, Stafford and Treadwell. Manager : (To be appointed.) Brokers: Arthur Warburton and Company. Secretary : (To be appointed.) THE following extracts are taken from the prospectus. The concessions secured by the promoters are: A lease from the New Zealand Government for twenty-one (21) years, with the option of renewal of three and a quarter miles of auriferous riverbed, covering a superficial area of forty-three acres; also sluicing and other works commenced by diggers. The promoters will accept for the above concessions and their rights thereunder, fivethousand shares, 10s paid-up; and five thousand pounds (£5000) in cash, in four equal instalments during the first year. Twenty thousand shares (20,000) are offered to the public'upon the terms stated. The promoters will pay a sum not ex. oeeding £IOO for floating and registering the Company. Any sum in excess of this amount will be paid by the Company. The Permanent Directors will be appointed at a meeting of the Company, to be held one month after the date of incorporation. Forms of application for shares may be had at the office of the Brokers. The objects of the Company are (a) To work the bed of the Wakamarina River wherever practicable, and where local enterprise has up to the present time failed to reach. (b) To mine in the gold-bearing terraces on each side of the Wakamarina River. (o) To prospect for the various quartz reefs from which the heavy gold distributed throughout the bed of the , Wakamarina River, its banks and tributaries, has originated. (d) To mine for gold in the Wakamarina and Mahakipawa Districts. Mining operations have from 1863 up to the present day been carried on by a fluctuating population, and many rich finds are continually being brought to light. The various modern inventions in the form of dredges and other mining appliances bring within easy reach of a company means of coping with the water difficulty, which-has hitherto proved a barrier to the development of much of the Wakamarina Goldfield, and especially so the more level parts of the river, where, in consequence of the stillness and volume of the current, the richer deposits and heavier gold may naturally be expected to lodge. With the machinery proposed to work the riverbed, the prompters are confident that these terraces oanbe tested and worked concurrently with the riverbed. Deep gorges exist throughout the river, and to enable these to be bottomed, it is intended in some instances to divert the main channel and carry on a system of work by sluicing. The promoters have already secured ground, where such works have been commenced. • Tests by divers apd by sinking cylinders have placed beyond doubt the fact that heavy gold is deposited in these natural detainers, many of which are situated in the Wakamarina River, at the junction of its richest gold-bearing tributaries. Copies of the prospectus may be obtained on application at the Brokers’ office. 201

Licensed Victuallers *JI E R 0 JJ OTE L. The undersigned having purchased ’the the above favourite Family Hotel, will be pleased to receive a call from her old West Coast friends, and the public generally.. Patrons of the above,Hotel; will find every comfort and convenience; .’of domestic life at this Hostelry. . . Suite.'"of Rooms for families always in readiness.;. , ■■■•; , The cuisine is under a genuine cook. Wines and Spirita are of the choicest brands. A full-sized Billiard Table on the premises, and is under the management of an experienced marker. 549 A. A. BARKER. ~ H. GRIMES, ORIENTAL HOTEL, WILLIS-STREET, Late op Lancaster House, Terrace, PROMISES to his patrons every comfort a well-conducted hotel cau give, it having been re-decorated. An entire change in management and domestics, comfort, cleanliness and moderate charges being their motto. A good and substantial luncheon every day, from 12 to 2, Is. Two Billiard tables under the management of an experienced marker. N ight Porter kept. Inspection respectfully invited. 55C WALKLET’S ” Commercial Hotel AND M&NAWATU CLUB, PALMERSTON NORTH. Porter in Attendance on Every Train. Table d’Hote at 6 p.m. BATH AND SAMPLE ROOMS. Coaches leave the Hotel twice daily (Sundays excepted) for Woodvills and Masterton. Saddle horses and buggy on hire. Best Loose Boxes in the District. All communications promptly attended to Charges Moderate. 36 JOHN WALKLEY. R S if! K I N G’S , PORIRUA HOTEL, Within three minutes’ walk of the Railway Station. Mrs King having leased and thoroughly renovated the above Hotel, promises to all patrons (old and new) the best accommodation and refreshments at moderate prices. Suites of rooms, for families, always in readiness. A good, substantial luncheon every day. The best Wines, Spirits, and Cigars. First-class Stabling. Billiards. 89 OCCIDENTAL HOTEL, Latimer-square, Hereford-street, Christchurch, N.Z., J. G. Harris, proprietor.—This hotel has been re-organised under newmaasgement, and is only two minutes’ walk from the centre of the town. It has the advantage of the qniet of the suburbs, and is unrivalled for comfort, attention, and convenience. Private suites for families. Engagements by letter or telegram attended to.