Page 4 Advertisements Column 5

Kumara Times, Issue 200, 25 May 1877, Page 4

THE WAINIHINIHI WATERRACE COMPANY, LIMITED. Established under. “ The Joint Stock Companies Act, 1860.” Capital £30,000,' in 6000 Shares of £5 Each. ) The Capital to be paid up by Calls, nob exceeding 5s per Share, at intervals of : not‘ less than one month. Deposit. 2a per Share. . Peovisi Mr E. Barff, Mr J. Cole, Mr H. Cuming, Mr J. Cheaney 1 , Mr H. Friend, Mr M. floulahan, Mr W. Henderson, Mr J. Kerr, Mr D. M'Oonnon, Mr O. Riley, Mr A, Williams, Ai Directoks : Mr W. Barron, Mr D. Oowen, Mr W. Cornfoot, Mr J. Eyans, Mr Q. Gordon, ! Mr W, Haworth, Mrß. done A Mr D. Matchett, Mr A. M'Oras,, Mr j. Bugg, W Mr P, WiUiamaSfe And all those subscribing the Memomat dum of Association, Bankers: The Union Bank of Australia, Solicitors ;. Messrs Button and Rhid.! > Engineer and Manager ; Mr James Wylde, C.B. The Kumara Gold-field has DOW'been proved to be of such an immense extent, that when the water-races hitherto- jprb-, jected—including the Waimea Race—are brought on to the ground utterly inadequate to supply tqquirements of the miners. Every, hpad of n. at c" U at °f n , P o3 3Vbly be brought! on to. thei field will be eagerly <taken at rales which will insure a very large profit to the proprietors of the water, and at the same time will allow the ‘miners tq obtain large and steady returns. WhUßt : iheW»' are several leads which canbe ahd art! being worked profitably by tunnfellihff n ground; there ar*, miles of country which ran only be worked* by ground sluicing. At the present time It la estimated that there are about on tJ&ififld^ but this number would be greatly In* S!,“ Wte'fo, >o.md It haa been found by ptellteinrty surveys that the whole of from the sea to over 26 miles inland, ladudinglhe whole of the Kum4te goldV®. c om m anded by a race from the Waimhmihl mer (which is pneoftha whast tl »ere is ample fall lor tail water throughout the whole distance into the Teremakau. - „ “Stained that a race; from the Wainihinihi could be formed almost entirely by opeb ditching; and'that there will be no need of expensive tunnels or fluming. The race which it? is proposed to makh will be about 20 miles in length; and will give a constant supply. 0 £ 50 heads of water. , , The estimates for the -proposed work, which have been carefully ptepared, shew SS 0081 /, th ® .race wiu' be' about £20,000, and in fixing the Amount of capital of the companya large margin has been provided for unforseen contingencies. Ihe promoters of the Company have obtained all the necessary grants and protections .required under the’; Goldfields ’ Act. Ihey have also had .a preliminary survey made by experienced engineers, and have paid the costs of registering the Company, &c., for which,Oand for' lheic interest mthe raoe, they have agreed to. accept 600 paid-hp shares in the ' Com- ■ pany. ■... . The receipts from tbe aale’of wa&Are :: estimated at £12;500' per ! afittmi, 1; after deducting,. ,£3OOO per. ? atmum-rfor maintenance and, management,, iwiliilaaya a profit of £9,500 per annum,' being d#er 30 per cent, on the capital. : AppUcatieM-fer; mg form may be addressed to the ’ manager:— V * «•; , Wainihinihi ■ Limited. < : - I hereby apply for ’. ; 'sharps fotha above-named Company, ip respecfc.Tof which I enclose., ,2s :6.d. peri skate deposit, and I agree to accept the teme DUmber of lap may, be ,allotted Name in full , , .. ~ - Occupation ', \ i■• r ' : Address Date’ i • —I—— • : - ' : -;i if AD AM E E-O RAI _a : jk French Dress : Maeer - - ■ S E D DON S T RE e (Opposite Bowling Alley).! .- Wishes to ’inform: : the LcWifes of Kuniara and ? surrounding Township that' ihe receives the Paris Fashions Avery in a style which, will sati^fac; - - *» ' s *•?- /I i • ]y[R. T. G HAD M NIGHT WATCHMAN AND I LIGHTER- i Address >pMrs. Leach’s, Auld Hotel, Seddcn-street.