Page 4 Advertisements Column 1

Cromwell Argus, Volume V, Issue 232, 21 April 1874, Page 4

CARRICK ,RANGE WATER SUPPLY CO., Registered. Nominal Capital ... ..... £12,000, ,vij -:.>a;njn[ 12,000 shares of £1 each. SECOND, ALLOTMENT. OFJS HARES. .' DWctqbs. ' ' '.'■ ~. Mr James Taylor air John Marsh ~ James llWett, ~ William Griffiths „ u Davil)A."Jolly,. „ Wm, Goldsmith., : Mr James Stuart. An extraordinary meeting of-shareholders was held in the Company's office on Wednesday, 11th Februarys 1874, at'whioh 1 it' was resolved to.re--<>]?en tne. Bhare list of the Company, which, it be recollected, was closed upon the Ist of December last, and up till which time 2195 shares had been taken up. , - r . 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. • ft 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 six 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, Carriek. water scheme are too well known and recognised to require many remarks from them- The water will, when brought in, command oneof the largest sluicing and quartz mining districts in Otago, and one which only requires a supply of water to develop its hitherto almost untouched resources;-- As'an instance of the demand which at present exists for water on the Carriek, it may be mentioned that the sum of, five pounds per week is now paid by the United Star and Oak and Elizabeth quartz companies for' a supply which cannot be said to equal oneouaiier 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.

£4 10s. PER OUNCE FOR GOLD. 1 OLD will be found to be worth the above price by purchasing at the • GREAT CLEARING SALE at W. TALBOYS' XjOnSTDOIsT HOUSE, CROMWELL. lENDIGO HOTEL, ' - Sunderland-street, Clyde. THOMAS HAWTHORNE, (late of the Clyde Hotel,) Proprietor. Thomas Hawthorns begs to inform his old friends and acquaintances that he has taken for a term of years the above Hotel, where he hopes to receive a call from them. The Bendigo Hotel contains every accomodation, and the present proprietor's only aim will be to give satisfaction to his customers. The comforts of a home, combined with the conveniences of a hotel, are to be found at HAWTHORNE'S BENDIGO HOTEL. • Good Stabling, with an efficient groom. 0 R L E. The COTTAGE on the Carrickton Eoad, near (the Caledonian claim.—Apply to , JAMES TAYIOR, Cromwell.