Page 1 Advertisements Column 6

Kumara Times, Issue 652, 30 October 1878, Page 1

PROSPECTUS TAIPO QUALITY _ MINING CO.-contiuued. of support already justify the conclusion that the Comp.ny will be floated at a very early date, and applications for shares are invited. Forms of application to be obtained trom any of the Provisional Directors, or from , W. NICHOLSON, Main street, Kuniara, PROSPECTUS "" " OF THE Capital, £3OOO ; in 3000 Shares of .£1 each. One Shilling per share on application ; Is. 6d. per .share on allotment; and Calls not to exceed Is. per share per PROVISIONAL DIRECTORS : Messrs Edwin Blake, Kumara; Henry Cor afoot, Kumara R. J. Seddon, Kutnaru Henry .Brown, Kumara Philip Cullen, Kuniara L. J. Spyers, Kumara William Porter, Kumara Andrew Crawford, Kumara. bankers: The Bank of New Zealand. SECRETARY : William Nicholson. • The object of the proposed Company is to complete a Tunnel TaiUßace from the Teremakau River to the Shamrock Lead, for the purpose of sluicing all adjacent ground, together with a Claim. belonging to the Company, through which the lead of gold has been proved to run. The Tunnel has been driven 2018 feet, and a shaft sunk 95 feet in connection therewith, and it is contemplated to extend the Tunnel abont 700 feet further, which, when completed, will terminate at what is now known to be the best sluicing ground in the district. The promoters are so sanguine of the undertaking proving a success that they are willing to accept 600 paid-up shares in the new Company in full payment for the purchase of their rights for all labour already done and expenses incurred. The boxes will be constructed to carry 30 government heads of water, thereby enabling a large number of claims to sluice into it at a small cental, which would otherwise entail a great amount of labour and expense in bringing in private tunnels such a distauce, viz., 2700 feet. The promoters confidently express the opinion that the future operations of the new Company will materially tend to develope a very extensive portion of this district, which must of necessity largely increase the commercial prosperity of Kumara. They therefore invite the attention of the public to the present undertaking as a safe and payable investment. From the promises of support already received the promoters conclude that the Company will b« floated on an early date; aud, as soon as 1500. applications are received, will commence further operations. Applications for Shares will be re ceived by WILLIAM NICHOLSON, Opposite Public Hall, Main Road.