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V R OS I' !•: C T us OK TIJF A LEX ANDRA STEAM /I COMPANY. To bo Registered under the Mining Companies’ Limited Liability Act, Capital, X5,0C0, in I,CCO shavescfL3 each. 10a. per shave to lie paid ou application, 10s. on allotuieut: the remainder in not more than ill calls per month per share, P noV (SIONA L DIRECTORS. Mr. Jso. M ‘Kersey Mr. George Evans Bohkino W. Walker 11. You no J. C. Chapple. BANKERS. Bank of New Zealand, Alexandra, This Company is formed for tho purpose of placing a steam dredge on the Molyneux River, near Alexandra, to woik the deposits in the bottom of the said river. It is needless here to dilate on the richness of those deposits, it being so well known the quantities of gold obtained f rtbo last live years by the dredges worked by manual labor. It is equally well known tho days for dredging by manual labor are speedily passing away. It is contemplated to procure a Dredge made wholly of Iro", fitted with Steam Engines of Twenty horse power, nonrnal, (capable of being worked up to forty horse) and worked on tho bucket and ladder principle The Provisional Committee have placed themselves in communication with the best Engineering skill iu the Province (some being person d.y conversant with the nature of the river deposits) the whole being of opinion that there are no engineering difficulties to contend with. 11 is contemplated to raise One Thousand Tons per day, tiie cost per Ton not to exceed three pence, including wear and tear. The amount of ground is unlimited. There will be no promoters or paid up shares. Immediately one half the shares are subscribed for, a meeting of shareholders will be called to elect Directors <tc. All applications to be addressed to the Secretary : John Cole Chappie, Alexandra. Application for Shares in the Alexandra Steam; Dredge Company. To the Provisional Director!. Gentlemen.—l herewith request that you will allot me Shares in tho above named Company, which I now hereby agree to. accept, or any less number, and in consideration thereof, T enclose the sura of 10s. per share, and I further engage to pay the remaining £4 10s. per share when called on so to do, to sign the deed of Association when required,. and to be bound by the resolutions of tho Company, in accordance with tho Act. Name in full Residence No. of Shares WHO WOULD HAVE THOUGHT IT.. MARSHALL is leaving Clyde, bo if you want cheap goods (for cash) come right away and buy, toi ho means business. Must be all cleared out in Two Months. All outstanding accounts must be paid by the end of March. Also, For Sale, the Business, Stock and Premises, (a bargain). A splendid opportunity for a young man—Such a chance does not often occur, For particulars, Apply to M. MARSHALL, Medical Hall, Clyde. Or Kcmpthorne, Prosser & Co,, Dunedin. FOR SALE, By Private Contract, The chatto creek hotel AND STORE, Situate ou the Main Road from Clydo and Alexandra to Blacks. The Hotel is well and favorably known to the travelling .public, and commands a good, setady, paying business, and to an energetic business man with a small capital is a splendid opening Attached to the property is a Tbrceacre Paddock of Oats and a One aero Paddock of Potatoes. For terms and further particulars apply to J. MILL WARD. On tho Premises. Or to GEO. FACHE, Auctioneer, CD. do.

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https://paperspast.natlib.govt.nz/newspapers/DUNST18730321.2.16.4

Bibliographic details

Dunstan Times, Issue 570, 21 March 1873, Page 3

Word Count
578

Page 3 Advertisements Column 4 Dunstan Times, Issue 570, 21 March 1873, Page 3

Page 3 Advertisements Column 4 Dunstan Times, Issue 570, 21 March 1873, Page 3

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