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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 snares 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 connec tion with the Dobson's 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. f 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 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 The Union Bank of Australia. SOLICITOR. A. R. Guinness. BBORETARY. G. W. Moss. It is proposed to form the above company for the purpose of purchasing all the promoters' rights to thus 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 I for the works. It is proposed to commence operations immediately after receiving Mr Lord's report. 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-half, and at the present time there are over fifty paddocks erected, besides several sluicing claims, which the Race would command. FORM: OF APPLICATION FOR SHARES. To the Provisional Directors of the Dobson's Creek Water-race and Golduiining 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 Associatirn; 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 As* sociation for the shaves that may be so allotted to me when called upon to do so. I enclose herewith being the amount of ■itposit of 10s per share Dn shares. il am, gentlemen, yours, &c Signature Name in fui Address in tull Occupation

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https://paperspast.natlib.govt.nz/newspapers/KUMAT18780717.2.2.5

Bibliographic details

Kumara Times, Issue 563, 17 July 1878, Page 1

Word Count
525

Page 1 Advertisements Column 5 Kumara Times, Issue 563, 17 July 1878, Page 1

Page 1 Advertisements Column 5 Kumara Times, Issue 563, 17 July 1878, Page 1

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