Page 1 Advertisements Column 6

Kumara Times, Issue 668, 18 November 1878, Page 1

PRQSPBCTOS TAIPO QUARTZ* MINING CO.—continued. of support already received justify the conclusion that the Company will be floated at a very, early date, and applh cations tor shares are invited. F° rm s of application to be obtained from any pf the Provisional Directors, or from W. NICHOLSON, Main street, KuolarA. PROSPECTUS OP THE TAIL-RACE C 01& PANT (Limited). Capital, .£3OOO ; in 3000 Shares of £1 eachi One Shilling per share on application j Is. 6d. per share on allotment j and Calls not to exceed la. per share pet month. v PROVISIONAL DIRECTORS ': Messrs Edwin Blake, Kumara Henry Cornfoot, Kumafti B. J. Seddonj Kumara Henry Brown, Kumara Philip Cullen, Kumara L; J. Spyers, Kumara William Porter, KumarA Andrew Crawford, KumarA

bankers : Sank of New 25eU,iandi SECRETARY • William’ Nicholson. The object o£ the proposed Company is to complete A Tunnel Tail-Race from the Teremakan 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 201$ feet, and a shaft sunk 95 feet in connection therewith, and it is contemplated to extend the Tunnel about 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 rental, which would otherwise entail a great amoiint of labour and expense in bringing in private tunnels such a distance* 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 most 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 be floated ou an early date j and, as soon as 1500 applications are received* will commence further operations. Applications for Shares will be ceived by William Nicholson* Opposite Pablic Hall* Main Roach