Page 4 Advertisements Column 1

West Coast Times, Issue 355, 12 November 1866, Page 4

Companies. PROSPECTUS OF THE TJ OKITIKA A3D GREYMOUTH XX TRAMWAY COMPANY (Lihjted). Registered under the Joint Stock Companies Act, 1860. Capital — £20,000, divided into 4000 Shares of £5 each. £1 to be paid on application, and the balance at the rate of Ll per month per share from date of allotment. Dieectobs — W. Shaw, J. P. Klein, H. J. Hanson, J. M'Beth, G. F. Taylor, C. Williams, 0. D. A. Friedlein, H. Cornfoot, 11. Meyer, D. 'Lynch, J. Jones. J. C. Kellock, with power to add to their number. Bankers — The Bank of New Zealand. Managek of Works — J. H. Gibson. Secbetuiy axd Solicitou — H. E. Campbell, Esq. Offices — Camp Street, H okitika. 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 considerable distance, there is every probability of the line being completed as far as the Arahura, before the end of the 'present year and throughout within a very short period afterwards. From careful calculations that have been made, the present passenger and goods weekly trailic, between Hokitika and the Waimea, is estimated at 120 tons of goods and 500 passengers each wwar.3 r . 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 L2lO 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 least be trebled soon after the line is opened. It might also be fairly anticipated that the goods traffic would increase immensely, inasmuch as the risk now felt in transmitting property from ons 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(looo) 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 Ira/He in proper working ordei'j and still leave a considerable balance in hand to meet further operations. After the present contract is car- , ried out the Company propose extending the line across iheArahura Eiver, and as far as the Waimea, w here the next station will be formed. The Company have been in communication a\ ith his 'Honor the Superintendent of the Province of Canterbury, upon the subject of a government guarantee for payment 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 lias promised to bring the subject before his executive so soon us tho Company's works are in such a forward state as to justify him in assuming that the public are desirous of forwarding the undertaking. Applications for shares will be received up to the loth instant by the Sccretarjr, at the office of the Company, Camp street, Hokitika, where prospectuses and forms of applications may be obtained. FORM OF APPLICATION FOR SHARES. To the Directors of the Hokitika and Greymouth Tramway Company (limited). Gentlemex — I request you to allot me Shares in the Hokitika and Greymouth Tramway Company (limited), or any less number, and I 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 require J, and I authorise you to place my name on the register of members for the Shares so allotted. I am, Gentlemen, Your obedient servant, Name in full , Residence .- Profession or Business Date IS6C. 5195 PROSPECTUS OF THE NELSON COAL MINING COMPANY (Limited), River Grey, West Coast, New Zealand. (To be registered under the Limited Liability Act, 24th October, 1880). CAPITAL: L 50,000, In Ten Thousand Shares of L 5 each, With power to increase by the consent three-fourths of the shareholders L 70.000, if necessary. Of the above number 1450 are allotted to the originators, paid up to L 5 each, and 1450 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— B. 8. Mitchell, G. 0. Robinson, A. Dewar, C. Gavin Casey, J. Kclsall, E. V. Gribble, J. J. G oiler. Secretary — J. T. Morgan. Solicitor— H. Cuthbcrt. 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 Quay, Hokitika. H. Li t eas, Malinger. Cobdcn, September 25, 1866 ' 4550