Page 3 Advertisements Column 2

Cromwell Argus, Volume V, Issue 249, 18 August 1874, Page 3

CARRICK RAtfGE WATER SUPPLY CO., Registered. Nominal Capital £12,000, i 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 ineeting of shareholders was held in the Company's office on Wednesday, llth February, 1874, at which it was resolved to reopen 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 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 i 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 aie 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 wjll 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 ibero. The water will, when brought in, command oneof the largest sluicing and quartz m'Vng districts in Otago, and one which only requires a suDp'yof water to develop its hitherto al'nost untouched resources. As an instance of the demand which at present exists for water on tbe 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 oneauarter 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 Jocal 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 ba'auce in monthly instalments of two shillings and sixpence each. J. MARSHALL, Manager.

The applications for shares in the Oarrick Range Water Supply Company (second issue) will he considered and determined on the Ist o-. July next ensuing, or at the first meeting ol Directors thereafter held. Mr W. Oram Ball, of Dunedin, and Mr Wm. Hayes, of Lawrence, are authorised to receive applications on behalf of the Company. J. MARSHALL, Manager. DEST PORT WINE ) FOR INVALIDS Can be obtained of D. A. JOLLY & Co. Price, 63s per dozen. )ANNOCKBURN PUBLIC ) LIBRARY. After Monday, April 27th, the Bannockburn Library will be iu the SCHOOLMASTER'S RESIDENCE, Smith's Gully. Terms of Subscription: Five Shillings entrance fee ; and One Shilling a Month, payable quarterly in advance. CROMWELL PUBLIC LIBRARY. The Reading-room is open to Subscribers on Mondays, Wednesdays, and Saturdays. The Library contains an extensive variety of Books in every department of literature ; and about £4O worth of New Works is expected to arrive shortly from Great Britain. All the Provincial Newspapers, and a number of English Papers and Periodicals, are regularly received for the use of Subscribers. Annual Subscription, £1 Is; Half-Yearly, 12s 6d Quarterly, 7s Ccl