PUBLIC COMPANIES BRIDGED PROSPECTUS Proposed Company for the purpose of working the Valuable Marble and other Mineral Deposits at Caswell Sound, New Zealand, THE CASWELL SOUND MARBLE, PORTLAND CEMENT AND MINING COMPANY, LIMITED, To be registered under " The Mining Company's Act, 1872." CAPITAL: £50,000 STERHTTG, » 10,000 SHARES, at £5 EACH ; 5000 of which will be allotted at once, the balance being retained for fatnre issue, the original Shareholders retaining the right of taking these np when issued at par pro rata. CALLS : 5s per share en application, 53 on allotment, and balance in calls as required cf 10s per share, .at intervals of not less than three months. Provisional Directory. Hon. Edward Richardson, C.M.G., M.H.R., J.P., Christchnrcb. Hon. J. T. Peacock, M.L.C., J.P., Christchurch. Alex. M*Rae, Esq., Christchurcb. W. H. Pilliet, Esq., J.P., Christchurcb. W. Stock, Esq., Caristchurch. W. Hutchinson, Eaq., M. 8.R., J.P., Mayor, "Wellington. E. W. Mills, Esq., J.P , Wellington. Hon. J. A. Bonar, M.L.C., J.P., Hokitika. M'Lean Watt Jack, Etq., J. P., Mayor, Hokitika. Richd. N. J. Reeves, Esq., M.H.R, J.P., Nelson. A. Steahouse, Esq., Dunedin. George Munro, Esq., Dunedin. J. R. George, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., Wellington. Hon. Skc., pro tem, : Charles Pownall, i.aq , Wellington. Hon. Treasurer, pro tem : ATpt. M'Rae, Esq., Christchurcb. Bankers and Agent.* : Bank of New Zealand, Wellington, and Branches. Solicitors : Messrs. Buller. Lewis, and Gully. Brokers and Temporary Offices op the Company: Messrs. Chsrles Pownall and Co., Greystreet, Wellington. Manager pro tem. : or TO BE CAT lAD A. H. Malcolm, Esq.
Copies of Prospectus and Forms of Application for Shares ran be obtained from the Brokers, Provisional Directors, or fiom any of the Branches of the Bank of New Zealand in thi3 Colony, until the 15th day of December, ISS \ at which date ill applications must be in the hands of the Brokers, «vhen the lists 'will positively be clo-td 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 ths public, the promoters desire to state that the Company's right comprise the best, mo3fc 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 Itali?n Statuary and other valuable varieties. They also wish to dwell upon its known certainty and noa-specnlative character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is 12a per loot, ar.d ranges up to £5. Larger block? are, however, much more valuable, some pu e White Siatuary, without flsws, realising as much as £2O,C'OO sterling in Europe. The ordinary price for a block suitable for a lifesize h«man statne V>eiog about £IOOO. The present cost of producing this Marble by msnual 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 atl2s per foot, gives the apparently f abnlous nrnimum rate of EO'i per cent profit. It is therefore, no visionary matter, as these are leading commercial lines and the values well kno'spi, the facilities cf production, shipment, high quality of prt duct, giving a vast advantage over ar y like prep rty 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, ar.d Lime, in the Australian Colonies alone during the last twelve months ha 3 been £2,872,600 sterling, and is rapidly increasing. Caswell is a con modious and safe harbor for the largest vessels in all weathers, the works of the Company bemg situated at the water's edge. The Government of colony has ako promised to favorably consider special gTants 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 Zealand, Oamaru, and at any of their branches in this colony and Australia. 800
NORTL UAAGO PP V MANEFT riUILDING SOCI3/ T. PRESIDENT : Mr. A. J. S. Headland. COMMITTEE OP MANAGEMENT : Mr. H. Aitken Mr. T. Fairley Mr. John Thomson M. "W". C. Batuiin. t Mr. R. "West Mr. T. Procter Mr. D. Miller Mr. A. Clarke Mr. Robert vViison. TtiRA SURER : Mr. W. G. Fil'eel, SECRETARY : Mr. G. Sumpter, SOLICITORS : Messrs. Julias and Balmer. The above Society ia prepared to issue £26 Debentures, at Eight per cent, per annum, a payable at any time on three months notice. For further particular and information, apply to GEORGE SUMPTER, 828 Secretary. NEW ZEALAND INSURANCE COMPANY. FIRE AKD MARINE, Capital ... ... ... £1,000,000 Ftejs Depakthocst.—insurances granted at Lowest Current Rates on Buildings, Mills, Breweries, Stocks, Furniture, Farm Pro* duce, Stacks, &c. Marine Department—l. Hulls insured, on the voyage or time. 2. Merchandise Goods, Freight, bo. The above Company being the first Inlurance Company atablished in New Zea» and, has prior claim to the patronage o ftew Zealand Colonists and being A LOCAL INSTITUTION, the whole of the funds are nvested in the Colony. Agent for Oamaetj : GEORGE SUMPTER.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1319, 26 November 1880, Page 1
Word Count
961Page 1 Advertisements Column 2 Oamaru Mail, Volume IV, Issue 1319, 26 November 1880, Page 1
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