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Late Advertisements: ABRIDGED PROSPECTUS " Oi tie J^IKST TAIERI GOLD DBEDGING COMPANY - (LIMITED). • (To he Incorporated under " The Companies Act, 1882.")'' CAPITAL .... .„, .. .. .. .... ... .... .. -£6500,'.' ...->■ In 5500 Shares of £1 each, :' : ..Of which 1300 Shares, fully paid-up, are to be allotted to the Vcndoi-3 of the Claim in part payment of their interest therein; 1700 Shares, fully paid-up, aTe to be allotted to the -Vendors of the Dredge in part payment of their interest therein; 500 Shares will be held in reserve; and the balance of 2000 Shares is now offered to the public. TERMS: Is per Share on Application, 2s per Share on Allotment, ,and the, balance in calls not exceeding 2s Gd per Share at intervals of not less than one month. . Directors: ' . Xhe Subscribers to fho Memorandum and Articles of Association shall be the First Directors, and shall held office until the First Statutory Meeting of Shareholders, which* will be called as soon as possible after the Company is registered. '~-. " , TEE NATIONAL BANK OF NEW ZEALAND (LIMITED^ ' Solicitor : .. ■ A. A. FINCH. : Consulting Engineer: G. M. BARK, M. Inst, C.E. 1 , Interim Secretary: . . ■ A. E. THOMSON, Dowling street, Dunedin. ,>,;....,,. : . This Company is being formed for the purpose of—first, acquiring and working, mining ireas, and,in particular a mining area at Rock and Pillar, being part ofSection-I,.'Block : lII,' Strath-Taieri District, and one mile of the Taieri River, and containing 'atiouii 100 "■' acres; and secondly, acquiring the Kyeburn Dredge and appliances and.plant, now lying, at Kyeburn. ■ ~-_,. ' : .'■■ ■ ' The above abridged prospectus is published for public information only," as the capital has been over-subscribed and the Company incorporated. The hill prospectus can be seen - at the Registered Ofiice of the Company, No. 40, Dowling street. PROSPECTUS Of the (JOLD DEPOSIT DREDGING COMPANY (LTD.), . COAL.CREEK, MOLYNEUX RIVER. (To be Incorporated "under " The Companies Act, 1882.") CAPITAL- .. '.. .. ..: .. .. .. '.. £8600,In BGOO Shares of £1 each, of which 1800 fully paid-up Shares are; to bo allotted to the Vendors' as payment for the Claim; and the balance of 6800 are, now offered to the Public on ■ ■ the-following terms: Is per Share on application, Is, per Share on allotment, and the balance m calls not exceeding I 3 6d per Share, at intervals of not less than one month. • Immediately after the Shares are allotted by the Provisional Directors the Statutory Meet- . ing of Shareholders will be convened at Dunedin; when Permanent Directors will be elected, and the usual preliminary business transacted. •.-...■' ' ' Bankers:: . ... SHE NATIONAL BANK OF NEW ZEALAND (LIMITED). . Solicitors: DUNCAN & MACGREGOR. J. J. RAMSAY & CO., Dunedin. V." W. X. HOOPER, Dunedin. •E. L. MACASS.BY, Alexandra,';,1 •' ..A. MURRAY, Cromwell. V E D. MASOA7 &CO., Roxburgh. i;.' • CM'TER & PERELI/E, Arrowtown.W. G. DUNSFORD, Tinaaru. -■ ■ .W. H; FRITH, Oamaru. ;- ;■ ' Consulting Engineer: • . . : . : ... ; F.W. PAYNE. ■ : :• ■": ■ "- : ; .'.■;■ Interim Secretary:- ■•' ■.■'■'■■ ; '.- ;... ; ;:; HECTOR E.:M. MERCER,;Bond street. This Company'is formed to acquire and work'mining areaSj.arid, in "particular,- a dredging area on the Molyneux River (Coal Creek),, being Section 46, Block I; Teviot Survey 'District, comprising about 3D acres. • - The Claim is known as Duff and Party's Claim (Coal Creek), and is at the .upper end of Commissioner's Flat,-immediately above .the Coal Creek Claim, which was put on the market a^ few :.\yeeks • ago,-, and subscribed in;;a;:iew/days.: Situated, as'it is, at the terminus of a long gorge, .the vendor's have every reason to believe that .this" will prove ONE OF THE BnjHiiST-CLAIMS ON THE;RiyER^:,-; ;i :U VV '.>" :r, : /"■ " '■ •'With" reference to this claim, the'shareholders may feel satisfied that the experience of .'this. Company will be similar to the other successful /companies working on the.Molyneux ; River.. . . -. . , . . . - It. has been proved that whenever the banks of the Molyneux have produced good results, •the river itself has always proved to be rich. From our lower peg to the top, the banks "have been all worked from the edge of the riv er on the west bank (from one to two chains) for many years by miners of long experience,: and; as these miners' reports show, with good x results. . .':.". : : ■ This ground was worked about the, time. o f tho Hogburn Rush, when miners would not work .unless they realised good wages.' SINCE /THE-ORIGINAL SURVEY THE PROVISIONAL DIRECTORS HAVE SECURED A FURTHER PORTION OF THE RIVER AT THE UPPER EiSTD OF THEIR CLAIM, NEXT CRAIG'S. MAKING THEIR FULL .AREA WITHIN A FEW CHAINS OF ONE MILE IN LENGTH. • The Vendors hold-several reports on the ground from old and experienced miners, which , were given gratuitous!)-, and will speak for themselves. , . It is proposed to work the ground with a;thoroughly itvp-to-date.dredge.., v Dividends will be paid per share/irrespective of amount paid up. , , The/Agreement the Vendors is dated 23rd day of October, between James Duff, miner, of the one part, and Frank Tyson, as trustee for and on behalf of the Company, of the other part._ This agreement, with the. originals of the reports, 'may be seen at the Office of the Company's Solicitors. .: ' -' '"• ;'..-■■" The cost of flotation and incorporation, etc., shall be,borne by the Company. ' The Subscribers to the Articles of Association, shall be tho Provisional Directors of the Company.' ' ':■■.: OVER 4000 SHARES ARE ALREADY! APPLIED FOR, of which residents of Cromwell and Alexandra have subscribed 2000. ,'.'■■' Plans of the claim may be seen at the' Brokers' Offices, where prospectuses-and all information will be supplied. ". • i •;'.;:. ~ '■■.' '. ..'•.' .-"-.'. . . REPORTS. . • ■■■■■*.'■ :■■' ' ' , ■' "'"■■•* High street, Dunedin, 2nd October, 1899. To Messrs James Duff and Party,. Dunedin. Gentlemen,—ln accordance, with request, I 4iave i made a. careful examination of the dredging claim on the Molyneux River at Coal Creek .lately taken up by your party, aiid now beg to report in manner following:-^- ' " The property is situated-on the Molyneux'River,, at the uioper end of Commissioners' Flat; immediately above the Coal' Creek claim, 'and*.one mile below" the Peasant Valley claim. . ' • ■ ■;'. .- "'■'- ■^ • Located as it is at the head of Mi alluvial flat and terminus of a long gorge, it is favourably situated as a catchment area fjg any travelling'auriferous wash; but at the same time the river current here is sufficiently rapid to afford all due assistance with regard to the 'disposal of tailings; - . .' ..-.'•- . • ' T'have surveyed the. claim in question, and*filid ithat it embraces over three-quarters of. ' a mile, or about 65 chains, of-river Jaed,, together with ,a strip of terrace,ground along,the south-east'end of the claim. ~'. •■■•; >-;->■.■■-■v-- ■._ .*i . ■ •-.... , .■ The current throughout the claim runs smooth, and;, from appearances, the river bed is evidently free from boulders,.and should be easily .worked. . -The terrace ground is highly auriferous,: but, on account of rising reef, is not all suitable for dredging; however, at least 85 ,per cent, of the entire claim can be worked by means of dredging. On the river bank immediately below this-claim the, old Commissioners' Fiat Sluicing Company took out a deep, cut without reaching bottom; and immediately below this a-gain Messrs Haughton and Party are at present engaged sluicing on the terrace, and obtaining, I- am'told, very satisfactory results. , A considerable': amount of fossicking has also been •prosecuted" along the banks to' the water's .edge:,."'".'.' """•.'' . ■'. I. am confident that", the claim is payabljTiauriferous," and,, should prove., a reniun.erativ.o . investment if operated on by a powerful modern dredge—ladder to work fe-a depth of 50ft, ■with buckets five cubic feet capacity, to treat 100, to 150 tons of material per» hour* a long revolving screen and double-spread of gold-saving' tables, arid elevator to stack to a height : 25ft above river level. The claim is distant by main coach road about four-miles from Roxburgh, or 43 miles hora Lawrence railway station, and all material, i including' machinery and coal, can bo carted-direct onito; the ground. , • 1> •-, . _, ; >;■ .:...:' '.- \ . CoaT,can be obtained from the local.,pits,. at Coal Creek iiv'the'immediate vicinity, so that , wqrldng.expenses can be..reduced ,io a.minimum, and-.on this score has an advantage'over most claims I know..' ;' '■ ,-./■- v".;-.."'■*. ■«■. -f: ■'•':■>'.'■ " ■'-■■■ :'i-'-y ; "■■■'"/ ?■• ' -;v' ,'. , ' -'The total area of the claim i 5,39 acres;;beipg. Section' -46, Block. I,1. Teviot Survey Dis- . triofe- ■: ■ .>',:'■' •■■"■-■ " ''■ ::;-V ■'■(■ ■":'-.{ ■■ -:V r fir/'iy.; ■'■■'■', '■■"'- ::^ ."'/.' '■. • r:< . I am, .G-entlemerij Jyours, faithtullyj ■;. ~>.:>: ;•;..• ..; .. ~:^ - ;.: ■:.■ . . ,;. ;:. ■..■:!;•■. ...- ■ j;/N. M. KIRKCALDY, Civil Engineer. :■ ' MtL JDHN M.'KENZIE, of> P.otter's, an old and practical miner, reports that he worked on .five, different parts.bf the claim, and found exceptionally rich ..-ground: along- the ■"bnn'ks, and considers the river will be equally so. He thihks-the returns from an up-to-date dredge should be highly satisfactory. As Mr M'Kenzie: is 'a thoroughly .practical. miner, and is absolutely disinterested in the. claim, his reportvcan in.every way;be ielied upon. ■Mr JOHN WARREN, a very old resident of the .district, and a thoroughly practical miner, said he knew the ground very well (having worked on the. beaches for some tir.ie from 1863):'. He'and others lifted the wash- in buckets from the shallow parts of the river, and even in such a primitive fashion he asserts, they-made good wages.' He says he has no hesitation'in saying a good dredge should pay handsomely. ; , ' ' ■• •■' ':' •■- ■ -.-.'■ :"-■ ■'■■-■': :' Roxburgh, 10th September, 1539. Mr Jas. Duff..-, : .•,•.■"■ '■-.-■. V.-,' -.V 'V- "/:'.;■ '■■':■'>■■■'■•' . :■; In: answer to, your request for niy. opinion on your/claim,'l may say I worked on the , claim .adjoining';it for eight years, anfl^' should Jknow-soniething about it. The ground I worked! paidme good wages, and'l worked'at'a.,great as I covild.not bottom, and I.thnik the bottom of the: wash was. the': richest:' ?-As: your claim qan be well and easily wbrkediwith a dredge,'good returns" should .-.b:e'looked, for; as. the. ground is as rich as that which'l worked. -■ ■ ''.-''. '••'.. ■■-:'■." "-'."."•'.'■ / .■■..-, ■.■■l .:V : THOMAS LOUDEN. Mr Louden is well known as a thoroughly reliable and experienced man. ' ■ C\ OLD DREDGING MACHINERY.—Send ; y .0 H N HO G G, \yf specifications,' and Fraser and Chalmers |?J . : ■ PIANO WAREHOUSE, PJimited),. of Chicago and London, will quote ; ■ ST. ANDREW STREET prices.—Jß. R. Hunt arid Co., agents, Auck- iA REDUCTION of 10 per cent', will be land, New Zealand. , y ■-, 20n ! allowed for ONE MONTH ONLY on all Cash WOOD CARVING.-Now designs for S,^ e?°^ ano?.f d Or Sans- Bopairing and Christmas Presents- in Treys, Frames,. r"nm B a- SP? c»".?i v wnpr , Overmantles, Clocks.-E. Parker, 149 George : ' p . " duil*l' tLO{^ T' , . t _..i ooh- ; Piano, and Organ Warehouse, street- I!. ST. ANDREW STREET, DUNEDIN. BICYCLE REPAIRING Promptly, Tho- •__ „ „■■■''r;., ?.: _ ._, ~—— —~ roughly, and Moderately Executed 'at HP ?;P^r >,;■': PAIEKSOH & COWilson and M'Kay's, St. Andrew'street/ ; ■ ■:' ~--Manse street, Dunedin ENDRON and REMINGTON BICYCLES V'v ' (Established Dunedin 1879), —Canada's and America's best mounts;— ;>' ' Receive Consignments of Wilson and M'Kay's, St. Andrew street';fnear, < ' p.RXJIT, EGGS BUTTER CHEESE George rtrcet). : • j.Yg^^ and otber FARM V K OJ) VCK. Worcester SAUCE; pure,' rAgents for Hick's Patent "Montauk" for V3T piquant, and pleasing; proved to be the ;. • scaly, woolly, and other blight. Ross's best in New Zealand. , • ■ / Antidote. <p(AA¥NE & CO., Manufacturers Worcester, :TA R E D G E S. SJT Chutney, Tomato Sauces, Pickles, and ,'jL? - . _ Vinegar.—Factory, George and King streets, ;■ KAURI AND BLUEGUM. Dunedin. -. 19 s '- ■) ■; - WANTED, all Cyclists to Keep Up with- 1 ' :... .', 800,000 ft in Stock, the Times, and Ride an up-to-date ■■ 500,000 ft to Arrive, Wheel, like the ; .. . ; 7 With;ißegular Shipments Following. jO ENDRON, Fitted -with' 'an Automatic ■ •. ■ - ' . VT Brake and Dunlop Tyres.—Wilson ,an,d ',; .'.SPECIAL QUOTATIONS • ' M'Kay, St. Andrew street. "*.. ; ;C27ap Given-ior( all kinds of Dredging Material, ■ ■ ■ .. 1 /'.'-,,""■ ■'"''; •'•'". Including ■ ~.-.-■':•.. •■,■ l 'Oakurhi Pitch, Tar; Bolts, and Nuts, ■ • ■-'"■ ' '■■■•;'• \:;y: .■:.=•: Etc., Etc. mRENWITH'S.DYE WORKS,,King strefit , ' - 'JL- ' (opposite Bacon's stables).—Highest I /,■. JOHN MURDOCH & CO, ' 12a class work, 1 moderate charges, punctuality. — —— — Repairs executed. ' 2Gau ; X E N' X I 1\ T S ' S /CHINESE . LAUNDRY. GLAZE.^'Min; aNSTITUTE'for MEDICAL ELECTRICITY, XJ darm Brand,'only genuine; Is. packet i-;.1 Upper Rattray street Dunedin. everywhere; wholesale and retail,—Hawkins's, /n ic Most Completely Furnished Electro--106 George street. . Medical Establishment in the Colonies. MASON'S Summer .Drinks, 9d; threebotties Treatment, by Latest ; Scientific Methods-viz.: 2s. Diamond'Dyes,'Gd; Maypole Soap, G^yanism, Faradism,' Fraiikhnisrn, Magnet--5d.-Hawkins's, 106 George street. ■ *sm>. Electric Massage, Hot Air, Vapour, Gal- : , ; ..vanic and.. Coloured. Sunlight Baths, etc. " TTJJLOOMINE," the great Corn, Wart; and Powerful Rontgeii X Rays employed. JLS Bunion Cure, 6d; everywhere, and1 at The •following Afflictions Treated by Mr Hawkins's, 106 George street. Jenkins with most gratifying results:—Brain 8,.„-.„ T . T .^T- >r , „, — _ ; — r-r and Nerve Exhaustion, Muscular Contractions, UTGH DROPS, 6a;-Beecham's Pills, Is; Rheurhatisrh, Neuralgia, Sciatica, Partial ParPmk Pills,'3s; Cuticura Soap, Is 3d.— a i ys i S) St. Vitus's Dance, Synovitis, Goitre, Hawkins 3, 106 George street. ■ Injured Spine, etc. CONSULT Mrs Louisa Hawkins, 106 George T . l Su.Pe^ flu. oUS T Hair removed without pain by Kj street. By letter, ss; personally, free. Electrolysis. Lady Assistant for Lady Patients. Female Pills, 3s 6d and 5s box. /CHEAPEST SHOP for New and SecondWORLD RENOWNED.—" Spring Bios- h?'nd FURNITURE from a needle to som Ointment" and " Spring Blospcm atl anchor.—Galbraith, dealer, George street, ' Pills." 6d and Is. All chemists and gTocers. Dunedin. 29n PRING BLOSSOM HEALING WASH." Is 6d,. everywhere. "Sepoy's Prairie Cure," 2s Gd; "Sepoy's Prairie Oil," 2s;6d.— — —- , '. ' Hawkins's, George street. ' . "/CLIMAX" Quarter-plate CAMERA, com-'■v^-o-DTwn -DTnaoniw vi tvtt> " ti, „+ Plete>.3s; Post free; 'everyone can now QPRIN& BLOSSOM ELIXIR. The great prac ti se Photography—Braithwaite's Book C 5 . Antidote for Blood Poisoning, Eczema, Arcade . I and Skin Complaints. 2s bottle; everywhere. ; — '■ OTAGO DAILY TIMES AND WITNESS ' JOB PRINTING DEPARTMENT. ' Job Printing of every description done with gIT. GEORGE JAM.—Beat in tho market.— mi At^ tic J-Qxrssfc .Current Saiw/ JCJ All Groctra, 26iw

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https://paperspast.natlib.govt.nz/newspapers/ODT18991205.2.46.1

Bibliographic details

Otago Daily Times, Issue 11598, 5 December 1899, Page 6

Word Count
2,169

Page 6 Advertisements Column 1 Otago Daily Times, Issue 11598, 5 December 1899, Page 6

Page 6 Advertisements Column 1 Otago Daily Times, Issue 11598, 5 December 1899, Page 6

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