PROSPECTUS Abridged prospectus OF Proposed Company for the purpose of working the Valuable Marble and. other " Mineral Deposits at Caswell Sound, New Zealand, TO BK CALLED THE CASWELL SOUND MARBLE, PORTLAND CEMENT-AND MINING COMPANY, LIMITED, To be registered under " The Mining Company's Act, 1872." CAPITAL: £SO,QCO sterling, m 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 : 5s per share on application, 5s oil allotment, and balance in calls as required of 10a per share, at intervals of not less than three months. Provisional Director v. 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., Christchurch. W. Stock, Esq., Christchurch. W. Hutchinson, Esq., M. H.R., J.P., Mayor, Wellington. E. W. Mills, Esq., J.P , Wellington. Bon. 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. Skc., pro lam. Charles Pownall, l<>q , Wellington, Hon. Treasurer, pro tern : Alex. M'Rae, Esq., Christchurch. Bankers and Agent.-) : Bank of New Zealand, Wellington, and Branches. Solicitors : Messrs. Buller, Lewis, and Gully. Brokers and Temporary Offices of the Company : Messrs. Chfir'es Pownall and Co., GreyBtreet, Wellington. Manager pro tern. s A. H. Malcolm, 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 this Colony, until the 15th day of December, 188'\ at which date all applications must be in the bands of the Brokers, tfhen the lists will positively be olosed and shares allotted. Specimens of Caswell Sound Marble can be sten 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 Comt auy'a right comprise the best, most available, extensive, and perhaps most valuable Marble depos ta 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 kno«m certainty and son-speculative character, tho ultimate success of this venture being now well established. The lowest quotation for this Marble is 12* per foot, and ranges np to £5. Larger blocks are, however, much more viluable, some pu e White Statuary,without flaws, realising as much as £20,000 sterling in Europo. The ordinary price for a block suitable for a lifesize 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. TheEe 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 apparency fabulous minimum rate of 500 per cent, profit. It is therefore, no visionary matter, as these are leading commercial lioe3 and the values well known, the facilities of production, shipment, high quality of product, giving a vast advantage o'er any like v ro P 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, ia the Australian Colonies alone during the last twelve months ha 3 been £2,872,600 sterling, and is rapidly increasing. Caswell Sound is a co.-i modious and safe harbor for the largest vessel* in all weathers, the works of the Company being situated at the water's edge. The Government of t'-us colony ha 3 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, 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 Companv or from Company's Agents, tha Bank of New Zealand, Oamaru, and at any of their branches in this colony and Australia, 800 TENDERS. NGAPARA CALEDONIAN SOCIETY invite TENDER 3 for GATES of Admission to Ground, accompanied by deposit of 10 per cent. Tei ders will also be received for Temperance Refreshment Booth. Tenders to be sent to the Secretary not later than the 13th inst,, at 8 p.m. WM. GRUAR, 96 Sec. WAITaKI ROAD DISTRICT. TENDERS (accompanied with marked cheque for 5 per ceat. of amount) will bj received at the Board's Office, Tynestreet, till 10 a.m. on TUESDAY, 14th INST., for the following Works, viz Contract No. 85—Excavation and Formation in Block VI., Awamoko District Contract No. Bo—Draining and Formation in Block 11., Awamoko District. Plr.ns and specifications can be seen at the Office. The lowest or any tender not necessarily accepted. ROBERT GARROW, Clerk to Board. Oamaru, Sth Dec. 1880. 99 COLONIAL JNDUsTEISS. NEW ZEALAND. PORTLAND CEMENT. Public Works Office, Wellington, 10th November, 1880. WRITTEN TENDERS will be rec. ived at this Office up to NOON on 3lst MARCH, 1881, from persons who are willin" to contract for the Supply and Delivery of ONE HUNDRED TONS OP PORTLAND CEMENT. The Cement to be manufactured in the Colony of New Zealand, and to be delivered at auy of the undermentioned p ! aces, viz : Auckland, Wellington, Christchurch, Lyttelton, Dunedin, Port Chalmers, or Invfrcargill, Tenders to be addressed to the Minister for Public Works, aad to be marked outside "Tender for Supply of 100 tons of Portland Cement." Specifications and conditions may b3 seen at the public Works Offices, Auckland, Wellington, Christchurch, Dunedin, and InvercirgilL The lowest or any tender will not necessarily be accepted. R. OLIVER, 109 Minister for Public Works,
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1319, 11 December 1880, Page 3
Word Count
1,049Page 3 Advertisements Column 4 Oamaru Mail, Volume IV, Issue 1319, 11 December 1880, Page 3
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