Page 1 Advertisements Column 5

Otago Daily Times, Issue 6191, 12 December 1881, Page 1

Proßpectue. ABRIDGED PROSPECTUS W^ESTPORT COAL COMPANY ray IT (LIMITED), _ NEW ZEALAND. ••"' , w (To be Registered nnder tha " Joint Stock Companies _' , . Act, I860.") ~ ' >*■ CAPITAL .. .. ... £10»,000, In 80,009 Shares of £5 each: ~ Of which 80,000 Shares will bo taken by tho present M owners as part payment for the properties. 15,000 — Shares are now offered in Now Zealand, and 35,000 he in Australia, which will be payable as follows, viz.; 6s on application; 6s on allotment; balance ,)„ at intervals _ not less than three months, and in amounts not exceeding 10s per Share. It is not anticipated that more than £2 10s per Share will _ require to bo called up. The prosoht ow.nera tako a j their Shares paid up to £2 10s each, and will be 3 liable with other Shareholders for 'the remaining 3 2 £2 10s per Share. sn This Company has been formed for the purpose of ;h acquiring and working*on an extended basis the wellW known coal-mi.iing property at Wcstport, New Zealand, now owned by the Westport Colliery Company m (f r i"; ite'1); and also the property of tho Greymouth- '° Vailsend Celliery Company (Limited): The two properties, comprising together over 6000 acres, upon which the owners have expended ovor £80,000, together with railways, rolling-stock, machinery, plant, and appliances, and all current contracts, will thus be transferred to the. Company for a total sum of £104,000, of wliich £75,000 will bo payable in 30,000 shares paicWjp to £2 10s per share. The whole schemo is therefore 0116"' of tho most jromising evor yet offered to tho public, and, as such, the Provisional Directors have every confldenco iv recommending it to investors as presenting ovory inducement for the permanent and safe investment of capital. For detailed prospectus an furthor Information apply to tho Brokers, GILLIES, STREET, & HISLOP' Rattray stroot, ' , Duncdin. PROSPECTUS OP rjIHE TDAPEKA PROSPECTING AND MINING COMPANY (LIMITED). To be Registered under " The Mining Compan Act, 1872." CAPITAL, £5,00 In 5000 Sharoa of £1 each. Ono Shilling por Share on Application, and, Allotment, Calls not to excoed One Shilling per month. Provisional Directors Mr Edward Herbert, Lawronco Mr Jas. Chalmers, Lawronco Mr Jonas Harrop, Lawrenco Mr Georgo Walkor, Lawronco Mr James Robertson, Lawrenco Mr J. C. Arbuckle, Lawrenco Mr G. F. C. Browne, Lawrenco Mr A. M'Kinlay Mr W. Tolcher, Lawrence Mr John Morrison, Lawrenco Mr John Thompson, Lawronce Mr J. C. Brown, Lawronce Mr H. C. Clayton, Wetherstones Mr R. G. Fulton, Wetherstones Mr M. Coxon, Wetherstones Mr W. Goldsmith, Wetherstones Mr Jag. Campbell, Blue Spur Mr S. Johnston, Bluo Spur Mr Robert Grieve, Blue Spur ■ Mr A. M'lntoah, Blue Spur Mr Robert Coghlll, Waitahuna Mr Horace Bastings, DunedSn Mr Chas. M'Queen, Dunedin. Bankers : Bank of New South Wales. Broker : Mr J. B. Bradshaw (Dunedin). Solicitor : Mr Donald Ross Hunter. Interim Secretary : Mr Andrew Ferguson. The object of tho proposed Company shall bo to prospect the reefs in the Tuapeka County by aid 0 the diamond-drill, and tho alluvial ground by means of tho most suitable boring-macliine available. " It is a well-known fact that numorous reofa bearing gold, copper, antimony, &c. exist iv tho Tuapeka County that only require ta bo prospected by such an admirablo machino as tho diamond-drill to prove their mineral extent aud determine whethor thoy can be profitably worked. Tho intention of the Company is not at prcßont to purchase a diamond-drill, but to apply a portion of its capital towards paying tho working expenses of one to be supplied by tho Government to tho Tuapeka County Council. Should tho Company, however, dotermino to purchase ono o( these drills, the Governmont have liberally offered to subsidise them to the extent of £760 for that purpose. Tho Provisional Directors, having obtained a largo quantity of valuable information from a variety of sources, including letters from Profeßsor Ulrich and Dr Hector, en tho capabilities of the diamoud-drlll, find that while it Is admirably adapted for penetrating reefs or any hard substance, it is not so well suited for alluvial ground. Thoy have thoreforo made themselves acquainted with tho host modern appliances for boring ln alluvial ground, and one of tho first efforts of tho proposed Company will be to obtain a boring-machine well fitted for testing tho comented drift deposits of Tuapeka, Waitnhuna, and Waiporl Flats. MachiJCß well adapted for this purpose aro now to ke had at a cost of about £200, with fittings complete, and Government have offered to subsidiso tho Company to tho extent of £160 for tho purchase of one of theso boring-machines. Thero can be no doubt as to tho auriferous nature of those cements, and it is woll known that thoy extend over a vast area cf country; but tho ordinary process of sinking prospecting Bhafts is bo expensive as to bo beyond tho roach of privato ontorpriso. With tho latest improved machines, boring can bo effected at the rate of i\ feet per hour by manual power, and a thick core of the strata penotratcd brought to the surface, and oxposed for examination. Calls in the propoaed Company havo been fixed at tho rato of 3d per week per eharo, to bo called up monthly. This small sum has beon decided upon to bring the claims of tho Company within tho roach of aH. The advantages to Shareholders will bo as follow :— In tho evout of any pa}'ablo reefs or deposits bolng discovered, each Shareholder will be entitled to an interest in tho discovory ln proportion to tho number of shares he holds, and It will bo at tho option of tho Company to sell their discovery to the best advantage or work it themselves, as may bo doomed most advisable. Tho Provisional Directors have cvory reason to believe that the Company will bo a financial suc;css, besides in a largo degree developing the mineral rosources of tho County. Copies of this Prospectus, and Forms of Application for Shares, may be obtained from any of the Provisional Directors, or from the Brokers of tho Company. Tho Share-list wllj^loso on 24th December, 1881, Tenders. NEW ZEALAND RAILWAYS. WAITAKI-BLUFF RAILWAY. ENGINE-SHED CONTRACT, INVERCARGILL. WRITTEN TEND-ES will be received at this office until noon of MONDAY, tho 12th December, 1881, for the above Contract. Thoy are to be marked on the outside, " Tender for linginc-shed Contract," and addressed to tho Hon. tho Minister for Public Works, Dunedin. Telegraphic tondora similarly addressed and inarkod will bo roceived if presented at any telcgraph-olllco by noon of the same date, provided that writton tenders aro lodged at ans' District or Resident Engiuoor's Office by the same hour. Drawings, specifications, and general conditions may bo seen on and after the 17th Novem> bor, at this oflico, and at tho Public Works Offlco, Dunedin. Tho lowest or any tonder will not necessarily be accepted. By command. W. W. DARTNALL, District Engineer. Public Works Office, Invercargill, 14th Novombcr, 18S1. 17n NEW ZEALAND RAILWAYS. HURUNUI-WAITAKI RAIILWAY. WEKA PASS SECTION. PERMANENT WAY CONTRACT No. 2. WRITTEN TENDERS will be recoived at this Offlco until Noon of MONDAY, tho 10th December, 1881, for tho above contract. They are to bo marked on "the outside, "Tender for Permanent Way Contract Ho. 2,"and addrcancd to tho Hon. tho Minister for Public Works, Dunedin. Telegraphic tenders, similarly addressed and marked, will bo received If presented at any telcgraphollico by Noon of the same dato, provided that written tenders aro lodged at any District or Resident Engineer's Ollico by tho same hour. Drawings, specifications, and general conditions may be scon at this oflico, aud at tho Public Worka Office, Christchurch, The lowest or any tender not necessarily accopteel. By command. W. N. BLAIR, Engincor-in charge, Middle Island. Public Works Offlco, Dunodln, 6th December, 1881. Od DUNEDIN LUNATIC ASYLUM. TENDERS will bo received up to noon on WEDNESDAY, tho 21st day of Dppomher, addroased to the Medical Superintendent, for tho undermentioned SUPPLIES, &c. for tho year ending 81st December, 1882;— Provisions, Necessaries, Fuel, Cartago. Forms of tondor and conditions of contract can bo obtained on application at tho Asylum. The lowost or any tendor not necessarily accopted. A. H. NEILL M.D., Medicd Superintendent. 12th December, 1881. WESTPORT COAL COMPANY (LIMITED). mENDERS will be received by this X Company up till Noon of TUESDAY, 13th inst., for CLEANING and PAINTING the Hull of the LADYBIRD, B.s. ~ ,^ ~. .v-«<rS.e'v U :.! ""Specin'eation'B m£y be 'Bedrf'and furthor particulars obtained at the Company's Office. W. HAY DIGKSON, Uouerul Manager. Crawford Btreet, Dunedin, 10th Decemtar, 1331. 12