>ROSPECTUS OP 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. ■ j Calls of 10s per share on application; 10s per share on allotment • an( j 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 James 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. A. R. Guinness. SECRETARY. G. W. Moss. It is proposed to form the above company for the purpose of purchasing 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 have 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 first mile 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-hqlf, and at the present time there are ov«rfifty:paddocks erected, besides several sluicing'claimß,;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 r of the company must ensure a large revenue. I 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 1 to jUT.URDAY, ihe Bth September, 1877, .at 8 p.in.' As, there, are only a,i limited number of shares to be applied for early application is necessary as priority of application .will be considered in,a!loting the,shares. FORM-OF APPLICATION FOR SIIARES. 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 be allotted to me, subject in all things to the Articles of Association; and I herebj- 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 As-1 sociation for the shares that may be so j allotted to me when called vpori to do! so. I enclose herewith being the amount of deposit, of 10s per share on ' . shares. I am, gentlemen, yours, <fcc, i . Signature ' Name in fall Address in full Occupation
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Bibliographic details
Kumara Times, Issue 313, 25 September 1877, Page 4
Word Count
600Page 4 Advertisements Column 2 Kumara Times, Issue 313, 25 September 1877, Page 4
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