Page 29 Advertisements Column 1

New Zealand Tablet, Volume XVI, Issue 10, 29 June 1888, Page 29

PROSPECTUS OP THB MOUNT HIGHLAT CONSOLIDATED QUARTZ MINING COMPANY (LIMITED) I(IABEBDRN (near Hyde), OTAGO. (To be Incorporated and Registered under the provisions ef " The Mining Companies Act 1886." CAPITAL ... ~7 ... In 40,000 Shares of 10s Bach, Of which the Vendors agree to take 20,000 Shares in part payment for the several proportiea, the remaining 20,000 Shares being offered for Publio Subscription on the f jllowing terms— viz., 6d per Share on Application, 3d on Allotment, the First and Second Calls of 6d each, an 1 the balance (as required) in call* njt exceeding 3i per share at intervals of not less thau one month. (In view of certain satisfactory arrangements that have bean nude with the Bank of New South Wales, it is not anticipated that the requirements of tho company will necessitate the calling up ol more dun 3< par share, including the amount paid on application and allotment. r P BO VISION AI. DIBBOTOBS : SSoEi* ?r& a ? 4 H°£ O D^i n HB - u - •-*-«* »-» Hjn. P. A. BU^KLIY, M.L.C., Wellinitton Hon JOHN .YIAtiTIN, It.L.C, Wellington JOH>I KLLlOrr, Esq., J.P., Giadbrook Btation, Strath-Taieri JOH>T LAVBBTY, Esq., M.C.0., Hyde CHARLES SLATER HAT, B*q.. J.P , Deep Dell Station, Marcaea HIS^WOBSHIP tHB MaTObW NASBBY (N. P. HjOBWwS, BICHABD R." BROWNE, Esq., 0.E., (Bngineer of the Manitete County Council), Naseby T ROBSIiT STRONG, B-q, Manager of the Naseby Hydraulic Mininr Oompaay (Limited), Naseby JAM-iS MirOHtfLL, Esq. Builder, Naseby JOH^ B. NBALB, EbQ.. Ganeral Manager Green's Beef and Seam Workings Cjmpany (Limited), Ophir ?* LEBLIB A. NOd AAS, EsQ , Managing Director of the Gfeat » tern Qod Minin * Company (Limited), Rough Ridge. ~ 5?2 M i?D 1 !!SJ lfiß> ttSQ ' <*»*« Bret.* Haailton g South g W ■rtIO,REYNOLDS, tfSQ , Tafei Lake Station, Hyde. ALEXANDER TETIorDALE, ESQ., Manager Mareburn Gold Mining Company, Hyde. Banker* : THB BANK OF NEW SOUTH WALES, Naseby. SouoiTObß : MJBBBBS. STEWART, HOLMES, U DENNISTON, Liverpool strsjat, Dunediu. IbuKlbb : Mkbs»». R. STRONG AND CO., Leven street, N»seby. i'AK^^CHAPMAN, ESQ., Princes street, Dun/din. JAMES HH:^fDEii•^ON, Esq , Hereford street, Ohii*tchurch. UKB3M T. KtfNNEDif, MACDONALO AND CO., Wellington. r „„ Tkmpukabt Offices : LEVEN SfREIiT, NASuBY, OlA^O, NEW ZEALAND.

/r- TT t ® Moua t H'gbl»y Consolidated Quart* Mining Company (Limited), is being formed to acqu.re and to work, oa an extended scale, those valuable gold mining claims at Mount Highlay, near Hyde ; Oiago, known a« tho Mount Higblay Company's and M ! AttJeT and Go a Jioeiwed holdings, situate on the right-hand bank of Mw tuirn The claima in question are known jreneraUV as '• THJB MAaKBDUN REEFS," and under that designatbn baJe been bSo«! the pubho for some con.iderable time past. The properties offored c >mpri ße two Licensed Hsldmgi of 25 and SO acres reabeotiTely ajgrega-m^ a total are* of 56 acres ; together with Water Races and Water Bights, Machine Site, and the Lease of a valuable Water Race nting in Mareburn Creek, whence the motive power for propelline the otu^auy a machinery will be obtained. J'be oaims marred to, a» well as tho whole of the miuiatr privileges fnnmerateu herein, will b; purchased by the company from the Tdadora for the total B i.tn of £9500, to be paid as under :-£2OOO \lnti 'v* U i^L h& l* n ™ ot £750J C"^'««d m «lr«ady stated; represented by 20,000 shares in tbe cmipany (10,000 shares to be paid up to 10s caen i.nd the other 10,000 to 5* each. 20,000 shares are offered tor public subscripts, ana the amount (.6 1 per share) payable on applioa. ion and allotmeat, together with the fiSt and secoiid calls will l realise exactly £2000. Inis amount represents the ea*n to to paid the v.ndors ; but in order that no delay suad occur in comnwneing operations, the Bank of New Sou.fa. Wales has arrange I to allow the company a working overdraft ol several hundred pound*, so th4t the work of reducing golden quar.a cau bu commouoed immediately all the machinery is m efficient order. It is coujectured that under favourable circumstance*, the mac uinery should be in roaJinessfor starting work by November at the latest. th. fl Ihe v#nd p or8 u will P a * * U tbe preliminary expenses incidental to the floating of the company, lucluding brokerage, commission, P rinting, advertising, and all oiher costs incurred up to the time of the allotment of snares. The report of Messrs. K. A, Withers and Matthew Thom W , two first-class auihont.es ou the subject of qmru mining (anuexed to the prospectus), is so very exhaustive and explioit that very in tie need be said as to tue value and potentialities of toe properties offered by tue vendors, lhe report m question show* conclusively that the Mareburn reefs are highly valuable properties ; that they a-e true tt 8 jj h ttnd "• t . du »°B tUo firat th^ years of the Company^ opera! «29 000 8 Pf 10U am ° Qg tbe Bharebolde " ™X *>o «t lewt Ou reference to the report it will be seen that the experts base tueir estimates on a very W average. Thus, one crushing of stone yeilded nearly two onncei o| jpld per W; a mcand, tretrtjri^