PROSPECTUS Abridged prospectus OP Proposed Company for the purpose of working the Valuable Marble and other Mineral Deposits at Caswell Sound, New Zealand, TO BE CALLED THE CASWELL SOUND MARBLE, PORTLAND CEMENT AND MINING COMPANY, LIMITED, To be registered under " The Mining Company's Act, 1872." CAPITAL: £50,000 sterling, in 10,000 shakes, at £5 each ; 5000 of which will be allotted at once, the balance being retained for future issue, the original Shareholders retaining the right of taking these up when issued at par pro rata. CALLS : 6s per Bhare on application, 5s on allotment, and balance in calls as required of 10s per share, at intervals of not less than three months. Provisional Directory. Hon. Edward Richardson, C.M.G., M.H.R., J.P., Christchurch. Hon. J. T. Peacock, M.L.C., J.P., Christchurch. Alex. M'Rae, Esq., Christchurch. W. H. Pilliet, Esq., J.P., Christohurch. W. Stock, Esq., Christchurch. W. Hutchinson, Esq., M.H.R., J.P., Mayor, Wellington. E. W. Miils, Esq., J.P., Wellington. Hon. J. A. Bonar, M.L.C., J.P., Hokitika. M'Lean Watt Jack, Esq., J.P., Mayor, Hokitika. Richd. N. J. Reeves, Esq., M.H.R., J.P., Nelson. A. Stenhouse, Esq., Dunedin. George Munro, Esq., Dunedin. J. R. George, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., Wellington. Hon. Sec., pro tem, : Charles Pownall, Esq,, Wellington. Hon. Treasurer, pro tem. : Alex. M'Rae, Esq., Christchurch. Bankers and Agents : Bank of New Zealand, Wellington, and Branches, Solicitors : Messrs. Buller, Lewis, and Gully. Brokers and Temporary Offices op the Company: Messrs. Charles Pownall and Co., Greystreet, Wellington. Manager pro tem. : A. H. Maleolm, Esq. Copies of Prospectus and Forms of Application for Shares can be obtained from the Brokers, Provisional Directors, or from any of the Branches of the Bank of New Zealand in thiß Colony, until the 15th day of December, 1880, at which date all applications must bo in the hands of the Brokers, ivhen the lists will positively be closed and shares allotted. Specimens of Caswell Sound Marble can be seen at any of the Museums in New Zealand ; the Chamber of Commerce, Wellington ; or on application to any of the officers of the Company. In introducing this eligible investment to the notice of the public, the promoters desire to state that the Company's right comprise the best, most available, extensive, and perhaps most valuable Marble deposits in the known world, at all events in the Southern Hemisphere. This is sufficiently proved by Caswell Sound Marble securing the first prize at the late Sydney Exhibition against Italian Statuary and other valuable varieties. They also wish to dwell upon its known certainty and non-speculative character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is 12s per foot, and ranges up to £5. Larger blocks are, however, much more valuable, some pure White Statuary,without flaws, realising as much as £20,000 sterling in Europe. The ordinary price for a block suitable for a life' size human statue being about £IOOO. The present cost of producing this Marble by manual labor only is about 2s per cubic foot, f. o. b. These figures may appear incredible, but they are nevertheless absolutely correct, Thus, taking the cost of production as stated and the very lowest wholesale quotation at 12s per foot, gives the apparently fabulous mini mum rate of iOo per cent, profit. It is there' fore, no visionary matter, as these are leading commercial lines and the values well known, the facilities of production, shipment, high quality of product, giving a vast advantage over any like property in the world. We will also venture to predict that the value of the Company's shares will increase at least 300 per cent, within twelve months of issue. Referring to consumption of these commodities, it is also enormous. The consumption of Marble, Portland Cement, and Lime, in the Australian Colonies alone during the last twelve months has been £2,872,600 sterling, and is rapidly increasing. Cas well Sound is a commodious and safe harbor for the largest vessels in all weathers, the works of the Company being situated at the water's edge. The Government of this colony has also promised to favorably consider special grants and concessions in aid as soon as the Company is successfully floated. For further particulars re other minerals found at the Sound, copper, coal, gold, &c., also the manufacture of hydraulic cement, lime, &c., together with scientific, professional, Government, and other reports, with details of the objects and intentions of the Company, we refer to the Prospectus, which can be obtained upon application to any of the officers of the Company or from Company's Agents, the Bank of New Zea land, Oamaru, and at any of their branches in this colony and Australia. 800 SPORTING c° NSULTATION No. on DUNEDIN CUP, 1881. STAR PROBLEM. 2000 MEMBERS AT £l. First „ ... £BOO Second 400 Third 200 Starters 250 Non-startera 350 £2OOO 39 Nominations. Address—" Star Problem," Oare of C. J. HARRIS, Star and Garter Hotel, Or, Box 10, P. 0., Oamaru. No. 2 Consultation will be opened immediately after No. 1 closes. £5 0 -*- E 1 z B 1. A Special Prize of £SO will be awarded to any correspondent who First places the first three horses in their relative positions in the Cup. 2. Letters received each day will be kept distinct, and opened after the race, in order of priority as received, until winner is found. If the horses be correctly plaoed by more than one person on the same day, such persons to divide prize. Each letter must have a 2d stamp enclosed, or not eligible for competition. Letters received from November 22nd, 1880, to February 23rd, 1881, inclusive. 4. A Committee of five to superintend, their decision to be final. Address—"D. C. Prize," Care of C. J. HARRIS, Star and Garter Hotel, 891 Or, Box 10, P. 0., Oamaru. THE COMBINATION. O AMARU HANDICAP & HURDLE RACE. Run on the 9th and 10th Dec,, 1880. 300 AT £l. Oamaru Handicap— First Horse £IOO Second ~ ... £4O Third „ £2O Hurdle HandicapsFirst Horse „ t ... £6O Second „ ... ... £2O Third „ £lO Other Starters divided £2O Non-starters ~ ... £3O £3OO C. P. ROBERTS, Treasurer. Box 9, Post Office, Of, Royal Hotel, Oamaru, 803
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1319, 18 November 1880, Page 1 (Supplement)
Word Count
1,021Page 1 Advertisements Column 3 Oamaru Mail, Volume IV, Issue 1319, 18 November 1880, Page 1 (Supplement)
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