Page 3 Advertisements Column 3

Cromwell Argus, Volume V, Issue 235, 12 May 1874, Page 3

CAIIRICK RANGE WATER SUPPLY 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 Hazlett „ William Griffiths „ David A. Jolly „ 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 re open the share list of the Company, which, it will be recollected, was closed upon the Ist of December last, and. up till which time 2195 shares had been taken np. 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 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 mile 3. Tho 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 untouched 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 Elizabeth quartz companies for a supply which cannot be said to equal oueanarter of a slnicehead. 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, ami the balance in monthly instalments of two shillings and sixpence each. D. MaoKELLAR, Manager. The applications for shaves in the Carrick Range Water Supply Company (second issue) will be considered and determined on the Ist of July next ensuing, or at the first meeting of Directors thereafter he'd. Mr W. Oram Ball, of Dnncdin, and Mr Wm. Hayes, of Lawrence, are authorised to receive applications on behalf of the Company. D. MacKELLAE, Manager,

ENDTGO 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 Hofcl, where he bopcs ' o receive a call from them. The Rondigo Hotel contains every accomodation, and the present proprietor's only a'\n 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, w*.th an elhcient groom. I O ft S A L The CQTTAGE on the CanJckton Road, near the Caledonian claim Apply to J.AMES TAYLOR, Cram well.