P R 0 S P E (J T IT H or rnr A LEXANDRA STEAM DP EDO IT IV COMPANY. To be Registered under the Alining Companies’ Limited Liability Act. Capital, £5,000, in 1,000 shares of £5 each. 10s per share to be paid on application, 10s. on allotment : the remainder in not more than X 1 calls per month per share, I’BOV (SIGNAL DIRECTORS. Mr, J.no, M‘lCkkskv Mr. George Eva ms Housing W. Walker 11. YoUSO J. C. CIIAITLEi BAN KBPS. Bank ok New Zealand, Alexandra, This Company is formed for the purpose of placing a steam dredge on the Molyneux Hirer, near Alexandra, to v.’Ot k 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 r the last live years by the dredges worked by manual labor. It is equally well known tin days for dredging by manual labor arc speedily passing away. It is contemplated to procure a Dredge made wholly of Inm, fitted witii Steam Engines of Twenty horse power, nominal, (capable of being worked up to forty horse) and worked on the bucket and ladder principle. The Provisional Committee have placed themselves in communication with the best Engineering skill in the Province (some being person'!.y conversant with the nature of the river deposits) the whole being of opinion that there are no engineering difficulties to contend with. It 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 he called to elect Directors ic. All applications to be addressed to the Secretary : John Colo Chappie, Alexandra. Application for Shares in the Alexandra Steam Dredge Company. To the Provisional Dircctort. | Gentlemen.—l herewith request that you will allot me Shares in the above named Company, which I new hereby agree to accept, or any less number, and in consideration thereof, I enclose the sum of 10s. per share, and I further engage to pay the re mainiug XI l()s. per share when called on so to do, to sign the deed of Association when required, and to he bound by ;thc resolutions of the Company, in, accordance with the Act. Name in full Residence No. of Shares WHO WOULD HAVE THOUGHT IT. MARSHALL is leaving Clyde, so if you want cheap goods (for cash) come right away and buy, fot lie means business. Must be all cleared out in Two Mouths. All outstanding accounts must bo paid by the end ot March. Also, For Sale, the Business, Stock ami 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 Kerapthornoj Prosser & Co , Dunedin. F O R S A L E , By Private Contract, The chatto creek hotel AND STORE, Situate on the Main Road from Clyde 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 Threeacre Paddock of Oats and a One aero Paddock of Potatoes. For terms and further particulars apply to J. MILL YARD. On the Premises. Or to CKO. FA CHE, A nctiomv r.
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Bibliographic details
Dunstan Times, Issue 571, 28 March 1873, Page 3
Word Count
591Page 3 Advertisements Column 4 Dunstan Times, Issue 571, 28 March 1873, Page 3
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