Page 1 Advertisements Column 5

Kumara Times, Issue 514, 21 May 1878, Page 1

PROSPECTUS OF THE DOBSON'S CREEK WA.TER-RACE AND GOLD-MINING COMPANY. (To be registered under "The Joint Stock Companies Act, i 860.) Westbrook, County of Grey, New Zealaud. Capital—£6,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 tke purchase of all their fights in cotinec tion with the Dobson'a Creek Water race. 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. H. 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 Cwllen, Kumara Jaiues 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. Guinnees. 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 sapply of ten Government heads can be depended upon all the year round, which can be brought on to Hayes's and Quinn's terracessuniciently 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. It is proposed to commence operations immediately after receiving Mr Lord's report. There will be an immediate return from th« 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-hilf, and at the present time there are over fifty paddocks erected, besides several sluicing claims, which the Racewould command. 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. Gentlesikn, 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 Associatir n ; 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 rpon to do so. I enclose herewith beinw the amount of deposit of 10s per share ju. shares. I am, gentlemen, yours, &c Signature Name in ful Address in hill Occupation