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PROSPECTUS op HHHE WAKATIPU GOLDMINING & SLUICING -■- COMPANY, LIMITED. To be incorporated under the provisions of " The Companies n.n ._ TrrAT Act, 1882." CAPITAL ... ..' £35 000 r»* v. v 1N 70,000 SHABFS PF 108 EACH, "" ' J^ aM, c Vendorß a S ree to ta ke 20,0C0 Shares paid up to Mx Bnillings per Share in part payment of their several Freehold Properties, the remaining 50,000 Shares being offered for public subscription on the following terms, viz .—One Shilling per Share on application and One Shilling on Allotment. No Calls to be made at lees intervals than one month, and no Call to exceed One Shilling per Share. _ nxr Frovisonal Dibkctobs. HON. T. FERGUS, Minister of Justice and Defence for the Colony cf New Zealand. J JAMES ALLEN, Esq., M.H.R. H. S. VALENTINE, Esq., M.H.R. p *!SN?™2S£* EBq " of Dune din, Merchant ?;S£«^ E^ E 3 of Duned in, J.P., Merchant. iffiww? 1 E6q - J " P - of Dunedin > Merchant. G. FENWICK, Esq., of Dunedin, J.P., Managing Director Otago jS^^^^^^^S^' Liffiited - CHAS ? BOvffi ETE TT Fq> "fn ° f Merchant. RORT SvSS 5 ' , q^° f Q ueenßt °* D . Merchant. »to ii 7& 8 ™ Esq - of Qneenstown, Merchant. SEW HOY, Esq., of Dnn^din, Merchant. E. A. CAMERON, Esq., of Queenstown, C.E. and Architect. THE BANK OF NEW ZEALAND 7. BOOTT.eM B l O ITo T f °^r B ,Z BE^. 8E Sil. BBOKEBS J. A. CHAPMAN, Princes Street, Dunedin A. a FENWICK, Princes Street, Dunedin. F. W. F. GEISOW, Qneenrtown, Otago, B. F. CUTHBERTSON. Invercargill WILLIAM TODD, J.P., Invercargill. McKELLAR and SCARVELL, Chlistchurch. TEMPORARY OFFICES— „, REES STREET, Queenstown, Otago, New Zealand i«T O ™f T %Pa ny i 8 being fomed t0 ac( l uire and wor k on a iKSft £ f- e> ab< l nt 1 ? 50 acre « of valuab »e auriferous freehold land, and S S L I *. t- b t ld U^ hceESed holdiD e 8 (comprising in all about 300 acres) which land is situated on the borders of Lake Waka-ipu and about five miles from Queenstown. There are about 620 acres of freehold land which will be conveyed to the Company free of rent but of this there are only about 250 acres auriferous The ground above mentioned, has for a great many years been maTt n V^ ""* '^ S£Veral »PPH«tio£ d been made to purchase or to resume possession of portions of this freehold SfmnJ l^ 6 JT Dgl Bnd miDDle P° rtioDS of the Properties ad joining the creeks, have at different periods during the last 20 year fe DWD W by miners to great advantage. The terraces, as well a' seeing faSS.' aUnfeloU8 ' aDd "^'^"y situated fo man Jn^ pr J ClCipalC I Cipal Wa^ errr ri g hts . w^ch have been secured, are per- £ ?he iSi andar^- COn . 6idered the m ost valuable water rights wJ r v t TVaklta PV., district, and comprise abcut 25 heads of water, which are capable of affording a pressure of 100 feet, and which will command the whole of the auriferous terraces propped to be acquired and worked by the Company propo.ca to ss b £ »ete?;ot ims and v * luaMe watet riehts mS: f^nft d '« i P r °P? Tt y ls a ver y excellent one, offering special b« LmSi 118 8 IDg Cl^ m ' aDd Bhould ' lf WoTked in a through and should W r 8D fi D ff ' Jleld 8 Rr ° d aDd Bafe return on capitfl, and shoud last for fifteen or twenty years at least with a large plant." . , J ° ' Bho V h e extremely rich character of the ground proposed to be worked it need only be said tbat. even assuming the wa.h to average only five grams cf gold to the ton of stuff sluiced, which is an S^n??i y Y Verage e y ieldf^ 20.000 tons (which could easiW boT^s KsTpS^r- 8^ the company the very hand - to the^oatmH/t^ 111 !?^ aU the P leliminar y expenses incidental to the floating of the Company, including brokerage, commission fZ J' ad^rt.sing, and all other costs in connect on wit the Company, but these are cot expected to be heavy 4s pe?Bha B re! IClpated *™ U be Decessar y to call «P more than Applications accompanied by a deposit of Is per share may be forwarded to any of the Brokers of the (Company, o to the Bank of New Zealand at any of its branches " In cases where no allotment is made, the deposit will be returned in full ; and when a less numbpr of shares is allotted than shall have keen applied for, the balance of the deposit shall be applied towards the fur her payment accruing en the chares which nay S Slotted

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https://paperspast.natlib.govt.nz/periodicals/NZT18881005.2.36.1

Bibliographic details

New Zealand Tablet, Volume XVI, Issue 24, 5 October 1888, Page 28

Word Count
780

Page 28 Advertisements Column 1 New Zealand Tablet, Volume XVI, Issue 24, 5 October 1888, Page 28

Page 28 Advertisements Column 1 New Zealand Tablet, Volume XVI, Issue 24, 5 October 1888, Page 28