Page 4 Advertisements Column 1

West Coast Times, Issue 352, 8 November 1866, Page 4

Companies. PROSPECTUS OF THE NELSON COAL MINING COMPANY (Ximited), River Grey, West Coast, New Zealand. (To be registered under the Limited Liability Act, 24th October, I860). CAPITAL: L 50,000, In Ten Thousand Shares of L 5 each, With power to increase by the consent of three-fourths of the shareholders to L 70,000, if necessary. Of the above number 1-150 are allotted to the originators, paid up to L 5 each, and 1-150 at par. The remaining 7100 are offered to the public at • a premium of Ll each, 10s on application and 10s on allotment. Calls not to exceed 10s per share per month. Of the above 7100 shares, 3000 are reserved for New Zealand, and 4100 for the other colonies. L2OOO of the premium accruing from the sale of the 7100 shares will be appropriated towards the construction of the Tramway. Directors— R. F. Mitchell, G.C.Robmson, A. Dewar, C. Gavin -Casey, J. Eelsail, E. Y. Gribble, J. J. Goller. Secretary — J. T. Morgan. Solicitor— H. Cuthbert. Bankers — Bank New South Wales. Brokers — J. Ditchburn, Ballarat ; W. Nixon, Ballarat. * Application for shares can be made to the Manager, through the Bank of New South Wales. Prospectuses can be obtained of Messrs Clarke Bros., Gibson's Qnay, Hokitika. 11. Lucas, Manager. Cobden, September 25, 1866 4550 PR OSPECTUS OF THE HOKITIKA AND GREYMOUTH TRAMWAY COMPANY (Limited).' Registered under the Joint Stock Companies Act, 1860. Capital — £20,000, divided into 4000 Shaves of £5 each. £1 to be paid on application, and the balance within one month from date of allotment. Directors — W. Shaw. J. P. Klein, H. J. Hansen, J. M'Bt-th, G. F. Taylor, C. Williams, C. D. A. Friedlein, H. Comfort, H. Meyer, D. Lynch, J. Jones. J. C. Kellock, with power to add to their number. Backers — ' The Bank of New Zealand. Makager of Works — J. 11 . Gibson. Secretary akd Solicitor — H. E. Campbell, Esq. Offices— Camp Street, Hokitika. This Company has been formed with the object of laying a line of Tramway from Hokitika to Greymouth for the conveyance of passengers and goods to and from those places and the various intermediate stations. The Company have much satisfaction in stating that permission has been granted to them by the Provincial Government, to take possession of any land within five (5) chains of high water mark, that may be required for laying their permanent way ; and the construction of the work having already been commenced and proceeded with a considerabJe distance, there is every probability of the line being completed as fai 1 as the Arahura, before the end of the present year and throughout within a very short period afterfl ards. From, careful calculations that have been made, the present passenger and goods weekly traffic, between Hokitika and the Waimea, is estimated at 120 tons of goods and 500 passengers each way. From this it is deduced that 120 tons of loading, at L 2 per ton (being half of the present carriage), will give a revenue of L2J.O per week. The passenger traffic, which is at present estimated at 500 per week each way, would also furnish a considerable revenue, as at 2s 6d each it would realise L 125 weekly, and it might be reasonably anticipated that the number of passengers will at leait be trebled soon after the line is cpentd. ■ It might also be fairly anticipated that the goods traffic would increase immensely, inasmuch as the risk now felt in transmitting property from one place to the other would be almost entirely avoided, and the cost very much reduced. Other sources of revenue will arise from the carriage of mails, parcels, and newspapers, and also the supply of timber, shingle, and other materials that will be required for town improvements. The Company have already entered into a contract for the completion 'of the line of Tramway to the Arahura River, and propose issuing one thousand (1000) shares, which, 'together with a capital already subscribed, will form a sufficient fund to provide all the necessary appliances for rendering both the passenger and goods traffic in proper working order, and still leave a considerable balance in hand to meet further operations. After the present contract is carried out the Company propose extending the line across theArahura River, and as far as the Waimea, where the next station will be formed. Ihe Company have been in communication with his Honor the Superintendent of the Province of Canterbury, upon the subject of a government guarantee for paj ment of interest on all capital invested by them in the proposed works, and have received assurances from him of his unqualified support and concurrence and he has promised to bring the subject before his executive so soon as the Company's " works are in such a forward s^ate as to justify him in assuming (hat the public are desirous of forwarding the undertaking. Applications for shaves Mill be received up to the 15th instant by the Secretary, at the office of the Company, Camp street, Hokitika, where prospectuses and forms of applications maybe obtained. FORM OF APPLICATION FOR SHAKES. To the Directors of the Hokitika and Greymouth Tramway Company (limited). Gentlemen — I request you to allot me Shares in the Hokitika and Greymouth Tramway Company (limited), or any less number, and 1 hereby agree to accept the number so allotted to me, to pay the deposit and calls thereon, and to sign the Articles of Association whenever required, and I authorise ' you to place my name on the register of members for the Shares so allotted. , I am, Gentlemen, Your obedient servant, ! J^aine in full Residence Profession or Business Pate 1866. 5195