Page 2 Advertisements Column 4

Marlborough Daily Times, Volume II, Issue 118, 7 May 1880, Page 2

Notice?. PROSPECTUS OF The Wakamarina Alluvial Hydraulic Sluicing Company (Limited), (To he Incorporated trailer “ The Jlining Companies Jet, ISrl.' ) Capital - <£6,030 lu G,OOO shares of £1 each, Payable a,s follows : —los o:t application, and 5s on aliotino t, the balance by a call of 5s per share, if required. Provisional Directors : ('. J. ( )*,vi.n, Draper, Jfavelock. A. T. Thompson, Sawmiller, Para. W.' B. GAlino;- Draper, Blenheim. G. Cr.icnT.ox, (Brownlee it Co.) 'jfavelock. A. Mills, Merchant, Havelock. J. IT. Smith, Merchant, Havelock. Mining Manager : YUilliam Oliver, Wakamarina. Bankers : Tub Bank of jSTkw Zeal/no. Solicitor: S. P. McNah, Blenheim. Secretary tero. torn, T. O’Sullivan, Blenheim niHB promoters of this undertakI ing have succeeded in obtaining from the Government, a Gold Mining Lease of 10 acres of land situate at Wilson’s Beach, Wakamarina, at a rental of .£1 per acre, and a .Lease under the regulat ions for the term of 15 years will issue in due course. The land thus obtained, is situate on the river Wakamarina, and consists of a rock bound terrace through which gold has been traced for the distance of upwards of a mile, and wliich has been prospected in 7 dPTerent places along the lead with successful results. The face is GO feet from the surface to the bottom, and there are three layers of wash, each about 5 feet thick, vand each of which has shown on working from a grain to two grains of gold to the dish. All necessary water'for the working of the land consisting of seven Government heads BO in. x 2 in. has been secured by the promoters, and this supply of water further commands two miles of country. The proposed mode of working is by hydraulic power, with a suilicieub s'uiucing fall, which from the nature of the land and other advantages secured, is easily obtainable.

The Lease and Rights will be vested in the Company on its incorporation, and the promoters reserve to themselves 2000 fully paid up shaves in the Company when formed. In view of these facts and the promising indications obtained from the various testings made, the promoters can with every confidence appeal to the public to take up shares in this undertaking, as it lias all the elements of success to recommend it, and cannot fail under proper manage -incut to afford a handsome return upon the capital invested. As soon as the necessary amount is subscribed being not less than twothirds of the entire number of shares, the company wi'l at once be. incorporated and operations commence. Copies of’the Prospectus and Forms of Application may he obtained from Mr O'Sullivan in Blenheim, Mr Owen at Havelock, and Sir Syms at Picton, to any of whom applications for shares may be made up 10 the 30th day of J une. 18S0. . „ T. O'SULLIVAN, 178 - Secretary. CtEoMb D. MASON, PRACTICAL WATCHMAKER, BLENHEIM. HAS REMOYED to the premises lately occupied by Mr Pkksswood (next the Masonic Hotel). All kinds of Repairs carefully and promptly executed. Workmanship guaranteed, and charges reasonable. Country Orders will receive every attention. 200 Lower Wairau Rivers Board . TENDERS. EXTENSION OE TIME. mENDERS will be received up to 4 -L o’clock of Saturday, May Bth, for cutting a Channel from the Omaha into the Opawa River. Plans and specifications can be seen at the office of the undersigned. T. O’SULLIVAN, 189 Secretary.