Page 3 Advertisements Column 4

West Coast Times, Issue 2852, 24 May 1878, Page 3

Auction. FRIDAY, JUNE 21. At 2 o'clock. IMPORTANT to BREWERS, MANU- | FACTURERS, SPECULATORS, AND INVESTORS. | VALUABLE FREEHOLD CITY PROPERTY. TWO ACRES IN AREA, Close to Railway Station, Post Office, &c. DM. BPBDpING • is instructed by the Liquidators of the Albion Brewing and Malting Company to sell by auction at his Rooms, Priucesatreet, Dunedin, on Friday, 21st June, at 2 o'clock, The whole of the very valuable freehold property belonging to Albion Brewery Company, with extensive frontages to Cumberland and Castle streets, and being Sections 53, 54, 55, 56, 71, 72, 73, 74, Block XVI, as shown on the record map of the city of Dunedin. The brewery, malt house, and sample rooms are substantially built of brick, with slated roofs, and form one of the finest and most compact brewing and malting establishments in the Colonies. This portion of the property will be offered in one lot, and all the plant and machinery may be taken at a valuation. The balance of the property will be subdivided into allotments suitable for stores or manufactories. Plans are now being prepared, and will bo ready tor distribution in a few days. This large property being so near the centre of traffic, and being immediately opposite the new dock (now in course of construction) is one of the most valuable positions in the city tor mercantile or manufacturing pui'poses. Fuller particulars will shortly be advertised. Terms : One-four! fe datlh : balance by acceptances at 8, 16, mi 24mon bs.

Notices. O & O S P EC TUB •*- OP THE , ' D'URVILLE ISLAND COPPER MINING COMPAJN tf (Limited). CAPITAL ... ... ... £30,000, In 30,000 Shares of £1 eacb. 10,000 Paid-up Shares reserved to present Proprietors. 10,000 Shares, present issue. 10,000 Shares reserved for future i6sue. Payments on present issue, 2s 6d per share on application ; 2s 6d on allotment ; and the balance, as required, by calls not exceeding 2s 6d per share per month from date of registration. Provisional Dieectoes: Charles Redwood, Esq., Riverlands, Marlborough. F. A. Learmonth, Esq., Hokitika. J. H. Redwood, Esq., Spring Creek, Marlborough. Caleb Davies, Esq., Blenheim, Marlborough. T. H. Hustwick, Esq., Blenheim, Marlborough. With power to add to their number. Chief Offices : Blenheim. Bankers : The Bank of New Zealand. It is proposed to form a Company with the above title, and to be registered under the Limited Liability Acts for the purpose of Mining for Copper on D'Urville Island. The promoters have secured a lease upon very favorable conditions for 21 years (renewable at the option of the lessees tor a further similar term) of 1280 acres commencing from t'ae South Easterly shore of the Island with a frontage of Two Miles by a depth inland of One Mi:e. A rich lode of Copper Ore exists in the leased land from 3 feet to 6 feet wide, the outcrop of which has been traced for upwards of a mile. -There is ample depth of water for the largest vessels to lie within 600 yards of the nearest point of the outcrop of the lode. Between the outcrop and the sea a Tramway and Jetty (for the building of which and other purposes the Lessees have a right to cut timber), are all the works required for shipping the ore, ot which it may be truly said there is practically an unlimited quantity. The cost of setting, shipping, and landing at Newcastle, K.S.W., where it is proposed to forward the ore for smelting, will not exceed £l 10s per ton. Several careful assays have been made ! of the ore, the lowest result obtained beio^ ! 15 per cent, aud tbe highest nearly 70 per ! cent., or an average ot upwards of 40 per , cent, of pure copper, but it is certain that , a yield of 20 per cent of copper would j leave a very largo profit to the shareholders after payment of all outlay. Immediately on a sufficient number of shares being applied for, the allotment will be made, and a meeting of tb'e shareholders called for the purpose of approving of ihe Articles of Association, electing a Chairman and Directors, &c Applications for shares, accompanied '«y the deposit, will be received by the undersigned, EDMUND EOJLES, Secretary. Blenheim, 7th May, 1878. Form op Application fob Shares. To the Provisional Directors of the D'Urville Island Copper Mining Company (Limited). Gentlemen, — I enclose £ being a deposit of 2s 6d per share 0n...... shares in the above Company, for which I apply, and I agree to accept that or any less number that may be allotted to me, to pay a further sura of 2s 6d per share on allotment, and to sign the* Memorandum and Articles of Association when tendered to me for that purpose. Dated this day of 1878. Name. Business Residence Applications for shares up to 31«t May, will be received by F. A. LEARMONTH AND CO., Wharf-street, Hokitika.