Page 2 Advertisements Column 2

Dunstan Times, Issue 605, 21 November 1873, Page 2

P R'O oPECTUS OF j THE riONROY’§ QUARTZ - MINING U COMPANY (Limited). To be Registered under the Mining Companies’ Act, 1872. Capital : .£4,000, in Four Thousand Shares of- £1 each. Deposit on application, 2s. 6d. ; allotment call, 2s. 6d. The balance (if required) iu calls not exceeding Is. per share, at iniervals/of not less than one month. PROVISIONAL DIRECTORS. Wm. Beresford, Esq., J.P., Alexandra Wm. Theyers, Esq., " lexandra PKTfca Calder, Esq., Alexandra Benjamin Naylor, Esq., J.P., Clyde J. U. Cambridge, Esq., Clyde W. Auckland, ’Esq , Clyde. . ” 1 > Bankers: BANK OF NEW ZEALAND, Alexandra, Agents : R. POOLE, Clyde. G. FACHE, Clyde. ■' ■! The Company is projected for the purpose of purchasing the plant and claim of the Conroy’s Reef Company, Conroy’s Gully, near Alexandra, and for supplying the necessary capital for fully developing the mine. The reasons which have induced the projectors to take this step are that an interest is in the hands of trustees and the present owners have not the required capital at their command to erect the machinery for draining the mine, to enable them to work at a greater depth. So soon as the required pumping machinery is erected, payable stone can be raised. The last parcel of stone taken [out at and below the water-level, and crushed, having yielded at the rate of one ounce per ton; and, as the reef is becoming better defined, it is anticipated that only a small portion of the capital of the Company will be required to be called up. The claim is situate on the side of the famed Conroy’s Gully, which has proved one of the richest opened in the Duustan district, and it is the opinion of miners that this reef is the matrix from which the gull} has been supplied with the precious metal. The amount of gold already obtained from thismine (details of which, together with the amount of money expended on the plant and claim are annexed). These will indicate the value of the property to be acquired by the Company. An agreement has been entered into ■with the present owners to sell to the Company the mine, water - whe u l, stampers, water-rights, face, tramway, dams, tools, and material, ic-, connected therewith, for the sum of £1,200, to be paid to them iu the following mannerLGso cash, and 550 paid-up 'shares The said 550 shares the scrip is to lie held in the hands of the Directors until it shall be mutually agreed that they be passed in the bo«ks in the same manner as contributing shares. This course is adopted to prevent these paid-up shares being thrown on the market until the Company is fully established. It is proposed that one-half of the permanent Directors shall be elected from among the Dunediu shareholders. Asa guarantee of the hona-fides of the projectors, it is an understanding that, in the event of the Company not being floated, all moneys subscribed by intending shareholders will be returned iu full. Forms of application can be obtained from the Agents, to whom, or to the Company’s bankers, deposits may be paid. AURORA QUARTZ MINING COMPANY (Registered). k N EXTRAORDINARY MEETXX ING of the ShaHioklers wil be held at the Company’s Office, Clyde, on Tuesday, the 2nd of December. 1873, at 3 p.m., to consider generally the position of the Company, and to decide whether to further prospect the mine or wind up the Company. By Order, GEORGE FACHE, Legal Manager. National insurance company OF NEW ZEALAND. DICECTOES: J. L. Butterwokth, Esq. John Cargill, Esq. Henry Driver, Esq. W. J. M. Lanarch, Esq. Richard Oliver, Esq. Evan Prosser, Esq. George Gray Rdssel, Esq. , Keith Ramsay, Esq. Robert Wilson, Esq. The Company is now prepared to undertake FIRE INSURANCE BUSINESS in every branch, at at I.owes t Current Rates. A. HILL JACK, General Manager. GEORGE CLARK, Agent for Dunstan District.