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Public* Notices; ; . ! * *'* * _ ' * p. R OS P 'B 0 T U S •*• , . OF IKB OSBLOW GOLD, MINING AND OOMPASY (LIMITED). ' •To be incorporated and registered tinder " The Oomponies Act 1882," and, if deemed' necessary of expedient,- to be registered under " The Mining Companies Act 1886." ' Capital £25,0,00 In 25,000 ibarei of JBleacbi' • , Provisional Dibhotobs j • ; A. BABRY.jßettler, Roxburgh street • A. A. BOWLBY, tobacconist, Cuba street; ■ ,i T. P. OOVflNßsf,' storekeeper, Ingeßtrosfcraet ' 1 3. OBOSS. builder, Arthur street. J. H . D AVISOS i sawmlller, Victoria street „ B. B. BVBNDBN, builder, Johnsonville 1 ' H. HARRISON, dairyman, Cuba street H. O. HASBLDBN, stationer, Cubs street F, MITOHBLL, architect, Abel Smith street L. OUGHTON, builder. Webb street ' W. PIKB, commercial traveller, Wellington J. A. N. SALMON, accountant, Brandon street J. D. TRBANORE, accountant, Wellington' H. TYBR, engineer, Ng'ahauranga , W. Oi WATSON, builder, Adelaide road W. WBSTBBOUK, painter, Westport ■ t A.. WILLIAMS, .blacksmith, Gourtenay place J, B. WINTON, storekeeper, Cuba street. ; BANKERS : Bank of Australasia (Wellington) and branches. Solicitors : Messrs' Chapman' & fitzgerald. ,i ' ' ' ' /I* Patbht Aghnt and Consulting BroptSßß : HBNBY HUGHES, M.I.M.E. | , , S.H9BBTABY : , - JOHN DENNY 1 TBBNORE ( (OtM of the Directors, who will act as secretary, pro! ' tern.) ', Oyrioß or the Company : No. 1 Lambton quay (opposite Bank of New ' Zealand). ; BROKERS: . D. T, STUART. A. WABBURTON& CO., and HAROOURT & C 0,., Wellington. I CALLS— 2s 6d per share on application; 2s fid per share on allotment ; 2» per share first month ; Is per share per month afterward. The Company is being formed for the! followingpurposes : — First ; The purchase from the Promoters of patent rights for New Zealand only in an' invention known M 1" EVENDBN'S GOLD GLBANBB." | Second 1 The manufacture and' sale of JBvenden's Gold Gleaners. Third j The completion of purchase of the several Gold Mining Claims as per following list, the benefit of which it to be assigned to the Company. • Fourth i, The working of the abovementloned gold mining claims to the best advantage. j < The promoters have made arrangements with E. H. Bvenden that, if the Company be formed, the benefit of all the undermentioned contracts, offers, and applications shall bs transferred to the company if required -^namely.— /( •, , 1. A oontraot with one William Biding to sell 5 • (a) Sections i add 5, Block V, Kawatirl, freehold, 1 !containing-60 acres; - (< (b) Section 3,' Block V, Ngakawau, agricultural leasehold/containing 25a lr 4p ;• (0) Bo'ofW&6, B?ock 11, Kawatiri,cont«ining Boa ''or24p. ' ■ "", ; '•' , , The vendor has agreed to still, if required, within four months frbin,'Tfa e 27th 1 February last, for the •unvof'£3ooo. • ' >„-■' 2. A contract with 'the said William Riding. Thomas Mulligan', William Ta'vendale, Robert Francis MuUen,< and vi ßUzafcetli Harriet M'Farlane to sell • special claim. of 3& .acres and UK heads of water for £500, if required, .within four months from the 26th .February. 'last.' , , ,\, 1 3. Acontract with William Dames Jbojsell, if required, special claim of 40 acres, with water rights, , ' for £4600— £1000 cash and £600 ahar es.' G3he vendors agree to sell Within four months from 26th February 4. An offer by the shareholder^ pf the Big Dunedin and Rotyßby, Companies to sell to R. E. l^venden 1 he interest of the two companies, the!r"auriferouB land, under special claim! consisting of about 80 aores, for thesumof £600. .The vendors;' agree to sell within four months from the Ist March. 5. A contract with F. Hay, John Gilmer, and another to sell, if required, Section, 2,' Block 11, Ohika district, containing 21a Or 34p, within four months from the 28th February, 1889, for 1 the Bum of *250: 6. Sixty aor.es on Waites', Pahiki, auriferous sand, applied for 'as a special ( CI/AIM byß. B. Evenden, This claim is surveyed and tenders called for the construction of dams. 7. Fifty aores at Waimongaroa, auriferous sand, applied for as a special claim 1 by B. B. Evenden. REMARKS ON THB AURIFEROUS GROUND UNDER OFFEH. Ho. 6.— this Is 1 believed to have every advantage desirable for the' economical working of the auriferous sand by " Bvenden'* Gold Gleaner." , There is a lead of auriferous sand, about half a mile long and About two chains wide, running through the.olaim. 'At 9ft deep' this measurement would give a total of 116,160yd5. An assay of this by Mr, Skey, the Government Analyst, gave a result) of ldwt I9gr, or a Supposed gross value of £10,156. As the estimate for working thi? claim is ft.total coßt of '6 per cubic yard, it would »how a possible return of £37,277 for |>lant and profit to company. Nos. 3 and 5 Claims.— The claim pf 40 acres to be purchased from Mr Dames and the adjoining one; No. 5, of about !20 aores, to be purchased' from Mr Gilmer,: Mr Hay, *nd other, are at a> good elevation, ( nnd: compMed of bank of soft, friable, cement-like sand i and 1 the length, roughly measured, is about 60 .chains, wven. chains in' width, and 15ft thick. This can be ' Worked from the surface, and brought down ty the pick, and does not, like a reef, require costly drives, tunneio, and shafts, and it is estimated that the; entire cost of preparing the stuff for the Gleaner Will not exoeea,2s per cubic, yard. Anausayfrom these claim*, by Mr, Skey, shows a result of, 6dwt 3grs, and supposing this average to be maintained, the gross possible yield is thus estimated at a very large sum. Our 'representative at ' Westport, in his supplementary report, states as follows :— " I am sore there is much better oement than we Could get to send you, but if it averages 6dwt 3gr to the ton, the two claims mean nearly a million and a-half of money for us. I would rather have one ■hare in this claim, than half & dozen in any other I know of in the district.' 7 No. 4.— Mr B. A. Young, C.8., writes as follows :— " Weetporfc, March 11, 1889. "MrR.B. Bvbndbn, " Dear Sir,— l am in receipt at your telegram of flth Instant, requesting me to post sketch and full details of prospects of claim. Enoloaed please receive tracing showing olaims. M The results oi prospering done previously were Mfcundertain to be of any value,, although ei#clent to convince shareholders that the ground was rich. . The borings taken had been partially panned oft talxfld, ftoidit wm 'uoirknbwd* exootly what Wight Of material 'the results w*re- 'obtained JfromV The ' Sfeiult wMilSdwt!l4grs to tha tota. ef mafcetial eub.aaitted to, teit. < On receipt of your telegram .w» Vent a man out with borings apparatus to ,get f-^ew, of nmtflrinl from frc»b boring. The bore was

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https://paperspast.natlib.govt.nz/newspapers/OW18890516.2.39.1

Bibliographic details

Otago Witness, Issue 956, 16 May 1889, Page 11

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1,089

Page 11 Advertisements Column 1 Otago Witness, Issue 956, 16 May 1889, Page 11

Page 11 Advertisements Column 1 Otago Witness, Issue 956, 16 May 1889, Page 11