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Auction. FRIDAY, JUNE 21. At 2 o'clock. IMPORTANT to BREWERS, MANUFACTURERS, SPECULATORS, AND INVESTORS. VALUABLE FREEHOLD CITY PROPERTY. TWO ACRES IN AREA. Close to Railway Station, Post Office, &c. DM. S P B D D I N G « is instructed by the Liquidators of the Albion Brewing and Malting Company to sell by auction at his Rooms, Princesstreet, Dunedin, on Friday, 21sfc 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, 65, 66, 71, 72, 73, 74, Block XVI, as shown on tbe record map of the city of Dunedin,. The brewery, malt house, and sample rooms, are substantially built ot brick, with slated roofs, and form one of the finest, and most compact brewing and malting establishments in the Colonies. This portion of tbe 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 be 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 for mercantile or manufacturing purposes. Fuller particulars will shortly be advertised. Terras : One-fourth car'n ; balance by acceptances at 8, 16, au J 24 jj outbs.

Notices. p Be "b""s""P ; E C, T U S -*- OF THE , D'UHYILLE ISLAND COPPER MIN- j IN.G- COMPAN i (Limited). CAPITAL, .„. .„ „. £30,000, lu..3o,oooJ<.hares of £1 eacb. 10,000. Paidrup. Shares reserved to presout Proprietors* 10,000 Shares, present issue. 10,000 Shares reserved for future issue. 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. Pho visional Directors: Charles Redwood, Esq., Rivcrlands, MarU borough. P. A. Learmonth, Esq., Hokitika. J. H. Redwood, fcsq., Spring CCreekk k Marlborough. Caleb Daviee,. Esq., Blenheim, MarU borough. T. li. Hustwick, Esq., Blenheim, Marl* borough. 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'Uryille Island. The. promoters h^yeeecured.A lease u.upn \ety favorable, conditions fo,r , 2JL, years (renewable at the-option of itke lessees for a further similar iterin) of, 1280 acres commencing from -tire ; Eastefly shore of the Island with, a ; .frontage of TwoiMflgs by a depth inland of One iVJiie. : . A rich lode of Copper Ore exists in the leased land from 3 feet to & 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 getting, shipping, and landing at Newcast'e, N.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 being 15 per cent, and tbe highest nearly 70 per cent., or an average ot upwards of 40 per cent, of pare copper, but it is certaiti that a yield of 20 per cent of copper would leave a very large 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 the share- ! holders called for tbe pux'pose of approving of the Articles of Association, electing a Chairman and Directors, &c Applications for shares, accompanied by the deposit, will be received by the undersigned, EDMUiN'D EC-JLES, Secretary. Blenheim, 7th May, 1878. Foum of Application for Shakes < To the Provisional Directors of the D'Urville island Copper Miniug Company (Limited). Gentlemen, — I enclose £ being a deposit of 2s 6d per share on .........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 sum of 2a 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 31st May, will be received by F. A. LEARMONTH AND CO., Wharf-street, Hokitika.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WCT18780529.2.13.4

Bibliographic details

West Coast Times, Issue 2856, 29 May 1878, Page 3

Word Count
813

Page 3 Advertisements Column 4 West Coast Times, Issue 2856, 29 May 1878, Page 3

Page 3 Advertisements Column 4 West Coast Times, Issue 2856, 29 May 1878, Page 3

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