Page 3 Advertisements Column 5

Charleston Argus, Volume 1, Issue 17, 11 May 1867, Page 3

expenses, wear and tear, and other charges against the company, and there would then be a clear net profit of L4OU p ( r week. It may h* reasonable anticipated that the number of pnssengers will at least be trebled soon after the road is opened.

The line of rouu- \* almost a dead level, nnd it has been estimated l>y competent persons that the Tramway will not cost more than L>f>o per mile, the distance being supposed to ex'end about ISnr.ik'3.

The cost of hrrscß r.nd tltcir !:ecp necessarily forming so considerable an item in the working expenses, the committee purpose, before laying the line with wooden rails, to call the shareholders together, and lay before them an estimate of the cost of iron rails and a small locomotive of ten-horse power nominal, and take the direction of the shareholders us to the advisability of laying iron in the first instance. Should this be determined on, an immense saving in working expenses will lie the immediate result, but at the same time a larger amount of capital will bo retjaiivd, with a proportionate greater return.

The Provincial Council of Canterbury have resolved to pay LS per cent, on the paid-up capital of tramway companies generally, laid in that province, and the Committee propose to ask the Provide:;;! Council uf Nelson, at their next meeting, through their representative, to grant them a certain portion of land along the line by way of bonus, not only for stations and other offices for the use of the Company's operatives, but for sale by them in the formation of townships and other beneficial purposes, and they believe they have a very good prospect of being successful in their object. They conceive they will have an equitable claim, oonsidering that land has in other instances been granted for public works of a much less costly nature. Should they obtain the grant their shares will be much more valuable, and will tend to give a greater stability to the company, but even in case of failure, the prospects of the Company are sufficiently brilliant to justify the committee in recommending the shareholders to commence the wcrks at once.

Applications for shares will be received by the Honorary Secretary, at the office of the Company, Freeman-slreet, "Westport, where prospectuses and forms of application may be obtained.

Fi;ltM OF APPLICATION FOR SHARES. To the Provisional Committee of the Wcstport and Charleston Tramway Company [limited.] Gentlemen,—l request you to allot me shares in the " Westport and Charleston Tramway Company, limited," or any Lss number, and I hereby agree to accept the number so allotted to me, to pay the deposit and calls thereon, and to sign the articles of association whenever required, and I authorise >ou to place my name on the register of members for the shares so allotted. I am, Gentlemen, Your obedient servant, Xamo in fall Residence

Profession or business J. P. CHRISTENSON, Watchmaker and Jeweller,

Of liokitika and Greymouth, 3EGS to announce that he has commenced business next to the Bank of New South Wales, near the Cutting. A first-class stock of English watches and colonial Jewellery on handWatches carefully repaired and warranted. Colo, nial Jewellery manufactured on the premises, pipes mounted, &c, &c. rll G . STONE, Opposite the Bank of New Zealat>d,[Charleston, and at liokitika, General & Furnishing: Ironmonger importer or. Hardware, Cutlery, Implements of all descriptions, Kerosene Cil, Lamps, etc., etc. TT'NULTY AND COLREAVY, BOOTMAKERS, Coal street, Charleston, and Gladstone street, Westport. Boots of every description warranted of the very best material. II . ROCIIFORT NI L E Refreshment and Coffee House, Mouth of Nile River. TEMPLE OF FASHION. N. DENISE, From Paris, late of Hokitika, ttegs to inform the inhabitants of Charleston and surrounding districts that he lias commenced linsiness as HAIR CUTTER, 7 Next the Casino dc Veuice, Coal-street. In soliciting the pullic patronage, N. Denise trusts by attention and civility to get his share «>f public favor.