Page 4 Advertisements Column 1

Cromwell Argus, Volume V, Issue 226, 10 March 1874, Page 4

lARRICK RANGE WATER SUP-. /. PLY CO., Registered. Nominal Capital £12,000, In 12,000 shares of £1 each. SECOND ALLOTMENT OF SHARES. Directors. Mr James Taylor Mr John Marsh „ James Hazuctt „ William Grotjths „ David A JoliY ~ Wm. Goldsmith Mr James Stuart. An extraordinary meeting of. shareholders was held in the Company's office on Wednesday, 11th February, 1874, at which it was resolved to reopen the share list of the Company, which, it will he recollected, was closed upon the Ist of December last, and up till which time 2195 shares had been taken up. The same meeting authorised the Directors to borrow the sum of £4OOO from the Government, to 'aid in carrying on the works if it were found necessary. It was unanimously felt that even if it should not be required, the power to draw upon such a sum would give increased stability to the Company. Eleven and a half miles of the race have been already completed, at a cost of nearly £3OOO, and there only remain now a little more than Bix and a half miles to be finished before the race is complete. During the progress of these six miles, creeks.will be crossed from which seventeen' sluiceheads of water are granted to the Company, independently of the Coal Creek supply. About four chains.at the present time only remain to be cut, before a, creek is reached from which two heads are granted. The Directors at the same time do not wish to conceal the fact that the completion of the six miles will be attended with as much difficulty as was met with in the first eleven and a half miles. The Directors feel assured that the "merits of the Carrick water scheme are too well known and recognised to require many remarks from them. The water will, when brought in, command one of the largest sluicing and quartz mining districts in Otago, and one which only requires a supply of water to develop its hitherto almost nntouched resources. As. an instance of the demand which at present exists for water on the Carrick, it may be mentioned that the sum of five pounds per week is now paid by the United Star and Oak and quartz companies for a supply which cannot be*'said to equal oneouarter of a sluicehead. . % . Under all the circumstances briefly indicated above, the Directors expect to be well supported in further prosecuting the undertaking. Eight of the local shareholders who were present at the extraordinary meeting were so well satisfied with the progress of the work, that their names were put down at the conclusion of the meeting for 780 additional shares. The conditions under which shares will be allotted are as follows :—Two shillings and sixpence to be paid upon application, and the balance in monthly instalments of two shillings and sixpence each. D.MACKELLAR, Manager.

OTTCE.—lnstructions have been given . I to the various GOLD RECEIVERS to receive PARCELS OF G-OLD for TRANSMISSION to the MELBOURNE MINT. Each parcel to be not less than ten ounces, and to have the weight of the contents written thereon by the transmitters. The parcels must be lodged with the Receivers the day preceding the departure of the next Escort. All information may be obtained from the Receivers. HORACE BASTINGS, Secretary for Gold-fields. Gold-fields Office, Dunedin, February 13, 1874. £4 10a. EER OUNCE FOR GOLD. I OLD will be found to be worth the above price by purchasing at the GREAT CLEARING SALE at W. TALBOYS' LOItfDOIN" HOTJSIE, OROMWELL. 0 R S" A A TWO-ACRE CLAIM in Adams's Gully, in good working order.—Apply to .;.„ ; .... .. . ..ARCHD. RITCHIE, ■••: "''";,"Bannockbunvor D. MAckELLAB, * Cromwell