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MEW COMPANIES.

Rangapuhi. — Capital, <4.000. in 80,000 shares of is each, 60.c00 to be issued to present shareholders, and 20,000 reserved. Directors, Messrs T. Henderson. R. H. Harrison, John Smyth, J. H. Dalton and H. R. Cooke; legal manager, Mr j. H. Harrison.

Royal Shield Wharekeraupuuga .—Capital, £lO 000, in So coo shares at 2s 6d each, 4.000 shares reserved. Directors. Messrs C. C. McMillan. W. S. Wilson. W. B. White, T. E Montgomery, C. F. Partington, and W. McCormick ; legal manager, Mr E. J. White. M oa 'Whangamata).—Capital. <B.OOO in So 000 shares of 2s each. Directors. Messrs D. J. Steele. W. Johnson. James Harrison. H. R Cook. A. Bell, and James Corbett ; legal manager. Mr J. H. Harrison. Dorothy (Waitekauri).—Capital, <3.750, in 75.000 shares of 2s each. Directors, Messrs G. Aickin, C. B. Stone. A. Wright. R. C. Carr, T. G. Tanton. and W. Gorrie ; legal manager, Mr A. Park Horne. Prince Regent 'Karangahake).—Capital <7OOO. in 70 000 shares at 2s each. Directors, Messrs A Wright, J. B. Blaikie, W. Elliott, W. Johnson. W. B. White, T. E. Montgomerv, and C. H. S. McKinney; legal manager, Mr J. H. Harrison. King of Whangamata.—Capital <io.oco, in 100.000 shares of 2S each. Directors, Colonel Burton. Messrs Seth-Smith, James Macfarlane. W. G. Sharland, and A. P. Robertson ; legal manager. Mr W. Elliott. Morion Puru.—Capital <15.000 in Ico.ooc shares of 3s each. Directors. Messrs John Abbot, P. Quinlan, H. Gorrie, J. C. Smith, D. Arkell, J. Johnstone, and Dr. Hooper ; legal manager, Mr Charles Grosvenor. Hinton Coromandel.—Capital <8 coo in So.ooo shares of 2s each. Directors, Messrs J. R. Self, E. C. Browne, W H. Potter. Jas. Mays, Shirley Baker, and G. H. Wilson ; legal manager. MrJ. H. Harrison. Boat Harbour.—Capital <3 500. in 70,000 shares at is each. Directors. Messrs John Chambers, R. H. Abbott, Malcolm Niccol, H. C. Choyce, and John Abbott ; legal manager, Mr W. Gray. Goodenough Coromandel).- Capital <6.ccc in SO.OOO shares of is 6d each. Directors. Messrs James Coe, J. G. Blakey. G. I. Panter, T. W. Rhodes, and E. A. Daldy ; legal manager, MrJ. H. Harrison. Maioro. — Capital. <6.500 in 65,000 shares of 2s each. Directors : Messrs T. H. Keesing, W. F. Stehr, E. Moore. D. Hooper and T. Henderson ; legal manager, Mr W. H. Churton. Gem of Hauraki.—Capital, <5.000 in 100.000 shares of is each. Directors, Messrs S. Von Sturmer, A. Wright, P. Purcell. R. Blaikie and Jesse King ; legal manager, Mr W. J. Smith. Lorna Doone.—Capital. <5,000 in 100,000 shares of is each. Directors. Messrs Niccol, Heather, McKerras, J. Court, and A. N. Ogilvie; legal manager, Mr S. P. Twentyman. Cadman. —Capital, <4.500, in 90.000 shares at is each. Directors. Messrs Joseph Thornes. F. W. Smith, T. W. Rhodes. W. Elliot, and Dr. Gordon ; legal manager, Mr G. Elliott. Waitaia Consolidated.—Capital, <S,ooo. in SO.OOO shares of 2s each. Directors, Messrs G. Aickin. John Abbott. W. Gorrie, J. T. Julian, W. Hellaby. W. P. Hoffman. and J. M. Sharp ; legal manager, Mr R. Burns. Vanderbilt. —Capital <S,ooo, in 80.000 shares of 2s each. Directors. Messrs C. C. Fleming. G. W. Baslev. Langley. W. P. Hoffmann. J. P. Ward, Colebrook, and H. Rees George : legal manager, Mr Martin. Queen Victoria of Hauraki (late Cabbage Bay special claim). —Capital <lO.OOO in 100.000 shares at 2s each. Directors, Messrs E. Bell. A. Edmonds, G. W. Basley, Alfred Kidd, and G. S. Kissling : legal manager, Mr S. T. Twenty man. KARANGAHAKE. It would seem as if Nature hides her most precious metals in almost inaccessible spots, so that mankind may exercise ingenuity and enterprise in discovering the hidden wealth. Take, for instance, the view in this week’s Graphic of Karangahake. There we see the lofty ranges, on the sides of which are situated such well-known properties as the Crown and Woodstock. Nestling on the flat at the foot of the hills beside the Ohinemuri river is the steadily growing township of Karangahake. On the flat at the right hand side of the river is shown Shepherd’s Hotel, and behind it runs the road to the Crown Company's battery. Behind the bridge is the famous Waitawheta gorge, up which are situated the Crown and Woodstock properties. The building just by the bridge is the battery belonging to the Talisman Company. The large building just between the township and the bridge is the battery of the Woodstock Company. The main road through the township turns away to the left past the schoolhouse, and goes right through the Ohinemuri Gorge on to Owharoa. Near the big bridge is the place where the Waitawheta River junctions with the Ohinemuri. The big hill on the left side of the gorge s part of the Woodstock Company’s property, and

towards the top may be seen the surface drives put in the old Ivanhoe claim years ago, which is now included in the area held by the Woodstock Company. The high point on the right-hand side of the picture is the trig hill formerly on the Bonanza ground, but now included in the area held by the New Zealand Talisman Company. The workings close to the edge of the picture just below the trig station belongs to the Talisman Extended Company, and lower down is situated the Waverley mine. The two coves on the edge of the gorge are known as the Sugar Loaves, and form part of the Crown Mines. At the other side of the range behind the trig station are the Earl of Glasgow and Victor Waihou mines, both of which are being worked by English companies. As far back as 1882 Mr E. Ryan, a well-known prospector, pegged out a claim on what is now the Victor property, he having found loose quartz on the surface which proved to be worth from iS to 20 ozs per ton. The country was then densely timbered, consequently he was unable to locate the reef. The securing of fuel for the batteries is now rapidly denuding the hills of timber, so that prospectors now are better able to hunt for reefs Karangahake is in its infancy yet. but should become a busy place, as all the land is steadily being acquired by powerful English Companies, who are erecting large crushing plants and systematically developing the mines.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP18960815.2.42

Bibliographic details

New Zealand Graphic, Volume XVII, Issue VII, 15 August 1896, Page 208

Word Count
1,041

MEW COMPANIES. New Zealand Graphic, Volume XVII, Issue VII, 15 August 1896, Page 208

MEW COMPANIES. New Zealand Graphic, Volume XVII, Issue VII, 15 August 1896, Page 208