ST. ANDREW'S CHURCH, CROMWELL. OPENING SERVICE,.Sunday, Nov. 20. ‘Morning Prayer, With Holy Communion, at 1i.30 a.m. Sermon by the Right Reverend the Bishop of the Diocese. Evening Prayer at 7.30. Offertories in aid of the Building Fund. N 0 T I 0 E. Shareholders of the car rick RANGE WATER SUPPLY COMPANY are hereby notified that all arrears of calls must be forwarded to the Manager at once, or the shares will be declared forfeited. JAMES MARSHALL, Manager. Prospectus ’ OF THE GARRICK GREAT QUARTZ TUNNELLING COMPANY, ' To be registered under the Mining Companies Act. Capital - - - . £15,000, In 60,000 shares of ss. eaeh. Provisional Directors. Mr Logan Mr Taylor Mr Goodger Mr Grant Mr Lawrence Mr Bennett Mr Jolly Mr J, Stuart Mr Kidd Mr Towan Mr S. Williams Mr Richards Mr Gudgeon Mr Arndt Mr Murrell Treasurer. Mr-C, E, Gudgeon, Bank of Now Zealand. Secretary. Mr Chas, Colclough, Accountant. The promoters of this undertaking, being aware that the auriferous resources of the Garrick Range are not being satisfactorily developed, so as to benefit the mining community of the district generally, and feeling confident that a vast amount of hidden wealth lies undeveloped at a great depth in the heart of the auriferous mountain on the surf me of which are to he found the Star of the East, Heart of Oak, Elizabeth, and at least 2 r ) other gold-bearing "eefs, confidently present this prospectus to the favourable consideration of the public. It is proposed to penetrate the Border Chief hill by a tunnel from Smith’s Gully, near the junction of the two branches of that gully, to a distance of about 1509 yards in a south-westerly-direction, crossing at a vast depth all the reefs and leaders between the Border Chief and the Heart of Oak claims, under wtrch last claim the tunnel will be about 1500 feet in depth. In consequence of the extensive character of the above undertaking, it is determined to pro. cure a first-class rock-drill, which it is confidently believed will revolutionise the present tedious and expensive method of piercing rook. The promoters have made application for a special area of ground, and as a largo number of persons will avail themselves of the share list now presented, they have every confidence of a favourable reply from the Government. They ask 150 yards on each side of the tnnnel for its whole length. The facilities for carrying on extensive quartz crushing works at the moutn of the proposed tunnel are excellent, and as there is a probability of such works being extensive in the event of a successful prosecution of the proposed undertaking, it is of importance that attention should be directed to it. :;? Being aware of the great success achieved by the promoters of a scheme of a similar character at Bendigo, and also knowing that similar schemes have met with mai'ked success at the Thames, the promoters have considerable confidence in offering the present speculation to the public. They have no hesitation in declaring it the most promising speculation that has yet appeared for acceptance by the public, whether viewed as one for individual profit or as one contributing to solve the great question of the value of quartz reefs at the greatest depths obtainable by tunnel. The promoters do not seek any compensation excepting a refund of trifling preliminary expenses, so that all money called up will he actually expended in prosecuting the work. The first known reef will he crossed at (say) 400 feet, being the “Border Chief,"' which yielded at the ra'-e of six onncfs to the ton on the top ; af er which other reefs may be crossed at every ten to fifty feet, as per surface indications. The share list will remain open at Cromwell, Quartzville, and Dunedin, and applications will he. proportionately allotted, without any exceptions. A deposit of one penny per share must accompany each application, and a halfpenny must be paid on allotment, after which monthly calls of one halfpenny, (and not exceeding one penny without special resolution of shareholders,) shall be payable towards carrying on the works. Applications to he made, enclosing deposit, to Mr Bennett, Quartzville ; W. O. Ball, Dunedin ; or to the undersigned, Cromwell. CHARLES COLCLOUGH, Hon. Secretary.
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Bibliographic details
Cromwell Argus, Volume V, Issue 269, 24 November 1874, Page 4
Word Count
704Page 4 Advertisements Column 4 Cromwell Argus, Volume V, Issue 269, 24 November 1874, Page 4
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