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PROSPECTUS OF THE • DOBSON’S CREEK WATER-RACE AND GOLD-MINING COMPANY. (To be registered under “The Joint Stock Companies Act, 1860.) Westbrook, County of Grey, New Zealand. Capital —£s,ooo, in 1,000 shares of £5 each, of which 120 fully paid-up sharesand £2OO in cash the promoters of the Company are to receive for the purchase of all their rights in connection with the Dobson’s Creek Waterrace. Calls of 10s per share on application; 10s per share on allotment; and future calls not to exceed £1 per share per month. PROVISIONAL DIRECTORS. Mr James Barkley, Greymouth A. R. Guinness, Greymouth James Kerr, Greymouth George Glenn, Greymouth Edmund Wickes, Greymouth W. J' Coates, Greymouth George Gilmer, Greymouth R. J. Seddon, Kumara. John Bulstrode, Kumara Hugh Cullen, Kumara Janies King, Kumara Charles Pierson, Kumara Benjamin Lyons, Stafford Robert Harris, Greenstone Edward King, Greenstone G. W. Johnstone, Hokitika W. C. Kortegast, Hokitika J. Churches, Hokitika BANKERS. The Union Bank of Australia. solicitor.A. R. Guinness. secretary. G. W. Moss. It is proposed to form the above company fox* the purpose of pux-chasing all the promoters’ rights to the Dobson’s Creek Water Race. The detail survey and estimates of the race have been carefully completed by competent and experienced surveyors, and their reports state that by the construction of the race and a reservoir a constant supply of ten- Government heads can be depended upon all the year round, which can be brought on to Hayes’s and Quinn’s terraces sufficiently high to be used either ,for sluicing or washing-paddocks. The Provisional Directors propose, before registering the company, to ha-’e the levels checked by E. J. Lord, Esq, who will also prepare the specifications for the works. There will be an immediate return from the Race after the. construction of the firstmile and a-half or two miles, as three good tributaries are intersected within that distance. This company will have a great advantage in bringing in water to Hayes’s and Quinn’s Terraces, it being the only water that can be brought in high enough at anything like a reasonable cost. The terraces have been proved payable for a mile and a-half, and at the present time there are over fifty paddocks erected, besides several sluicing claims, which the Race would command. This new field is now so thoroughly and extensively developed that for years to come the supply of water that will be at the command of the company must ensure a large revenue. It is proposed to commence operations immediately after receiving Mr Lord’s report. Applications for shares will be received by the broker to the company up to SATURDAY, the Bth September, 1877, at 8 p.m. As there are only a limited number of shares to be applied for early application is necessary as priority of application will be considered in piloting the^shares. FORM OF APPLICATION FOR SHARES. To the Provisional Directors of the Dobson’s Creek Water-race and Goldmining, Co, Westbrook, County of Grey, New Zealand. 1877. Gentlemen, I request you will allot me shares In your'company, and I agree to accept the same, or any less number of shares that may he allotted to me, subject in all things to the Articles of Association ; and I hereby authorise you to enter my name On the Register of Shareholders in respect of the shares so allotted, and I undertake to sign the Articles of Association for the shares that may be so allotted to me when called upon to do so. I enclose herewith being the. amount of deposit of 10s per share on shares. I am, gentlemen, yours, ic, Signature Name in full Address in full Occupation

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https://paperspast.natlib.govt.nz/newspapers/KUMAT18770827.2.13.3

Bibliographic details

Kumara Times, Issue 279, 27 August 1877, Page 4

Word Count
601

Page 4 Advertisements Column 3 Kumara Times, Issue 279, 27 August 1877, Page 4

Page 4 Advertisements Column 3 Kumara Times, Issue 279, 27 August 1877, Page 4

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