Page 3 Advertisements Column 5

Dunstan Times, Issue 515, 1 March 1872, Page 3

PuOiPEcrus OF THE

CAP.RICK RANGE WATER SUPPLY COMPANY, REGISTERED. CAPITAL £12,000. IN' SHARES OF £1 EACH. INTERIM DIRECTORS : Ignatius ‘Lcujiinan, Esq., J.P., James Cowan, Esq., James Haz'ett, Esq., J.P. James P. Taylor, Esq., J.P. James Stuart, Esq., G. W. Go'.dger, Esq., James Marshall, - Esq., TREASURER. James P. Taylor, Esq., J.P, SOLICITOR : A. W. Allansy„ Esq. secretary: '' ■ Mr. 11. W. Smytiiies. BANKERS : , Bank of New South Wales, surveyor : H. W, Smytiiies, Esq. rE Company is formed for the purpose; of supplying to the largo Mining Distiiet of Cav-ok Range and IJanncck'nirn a quantity i f water snftiesnt to, in some measure, enable the well known auriferous tesonrees of that district to be developed By tho proposed .-cheiuo. the necessity for further Steam machinery for Quartz crushing purposes will be dispensed wHt ; and by the subdiUition of Water.-pow.er a saving i fSO ] er cent •will be fc'liicied, bes.des stinii liiing tiie erection of additional Quartzcrushing Mills By a judicious distal but ion of the supply, Ihe Water caii lie made avaihd le many times, as tho altitude at which it will be deliver! d on the oange (Icing within two hundred feet of the summit) will enable the Company to dispose of its use at various levels until its thud debouch into tiie Kiiwataii River. The proposed Race will command at hj ast ih rty squat e miles of well])roVrd, highly lutriferous ground on the Garrick Range, which nothing but the a'-si-nce of water has hitherto pvevente-’ from hi iag profitably worked, Mr Ilaiigliton, in lus Report on the. Water Schemes to lie initiated by the' Government aid, - referred in 'highly eulogistic Ictus' to'- the desirability of : this scheme, audio its undoubted sn.e- ---: cess. There. aro at present thrce.Steaih I QiuirtZcrusliiug Machines on the j Range; and those are stopped frej qu-eutJy through want of water, arid | arc subjict to a heavy outlay foi pro i curing coal. These-difficulties will be I efiVcually overcome by the successful carrying out of the proposed scheme. The undoubted payable eh.Tract >e of the -inicki taking lias induced inai y private parties to propose a simi a? scheme, but (lie cost has invaiiably prevented its furtherance ; and it has been acknowledged that, to ensure a successful issue, thoundertalcing should bo placed in the po.itiou of a substan tial Company. The line of Race has been marked out, and the necessary levels have been taken, by our Surveyor (Mr. Smytiiies), with the view of ascertaining the practicability of the scheme; and it has boon estimated by him that about £7o'o will he require.i to construct the main Kac“, of which a portion wid have to he Hu mud. The Company, recognising the necessity of having a capital to command any contingencies, and with a view of

compensating the Promoters, niueuen in number, (some of whom have re’iu-Cjui.-ln d large private right sin favor oi the Company,) have made the Capital .■£12,0(10; and the I’ivmntoir. have' agreed to accept £lO-30 in paid up shares, as compensation for their rights and expemes in the matter,—thus leaving .£10,0.30 available for the prosecution ot the works. . . The Company propose bringing in Sixteen Heads of Water, and the disposal of that quantity at current rates will secure to the Company large and permanent dividends. It, is .-.ho intended to obtain such Subsidy from the Governm -nt as may bo granted should the terms ho suita blc. So soon as a sufficient number of Shares have been appliod for to insure the existence, > film Company a go' cral meeting of Shareholders will be called ioe the election ot permanent officers and to take steps to legist.i the Com--1 aany. It has 1 ecu settled by the promoters that Is. per share be paid on appiicaioe; that 2/0 lie paid nnailotment ai d let no calls bo made at less intervals ilian duo cal mder month, andshall net exceed 2/u each call \ rami of APPLicATiou ron spares. To the Sscra'arj/'of the Carrieh Targe Water Supply Company (Cajistnrcd), Crcmirc!!. Sir,--I hr chy »«■!> application to-’ Shares in your Company or any Ins navi-i/e, that may be all -i.ed tome.: aid 1 cades;’ hr.iv 7 ih] exit of me slrJVnj jur sha c- • n 'A- alu.rc number, subji C. to -he terms recited in the J‘i osjxclus.Sijnafaro>< A ddress