PROSPECTUS OP THE PERSEVERANCE MIXING COMPANY (Kechstehed). To be Registered under the '•Mininir Companies Limned Liability Act, 18b5." and ihe "Mining Companies Limited Liability Act Amendment Act, 18(39." Capital— £20,000, in 4000 Shares of £5 each. PROVISIONAL DIRECTORS : MR AXniIKW JAMKS RICHMOND MH. THOMAS ADAMS MR. JA Vils- BIJItNKTT I\TK. ai.KXANDEIS SCL ANDERS MR WILLIAM TFRRINGION POPPLE Mli. JAMES CIiOWE UICUMOND. BAMCKES : BANK OF KKW ZEALAND. LEGAL MANAGE!'. : MR. HEKBKUT EVELYN CURTIS, MINING MMfAGER PHO TlOl): Mli. JAMES BURNETT. SOLICITOES : MESSRS. ADAMS AND PITT. BROKERS : MESSRS. CURTIS BROTHERS. RKGISTIiRED OFFiCE : OFFICE OF MESSRS. CUR'ITS BROTHERS, Bridge Si-reet, Nelson. . | The Property r.f the proposed Company consists of rather more than twenty acres of land situate I in Bedsuad Gully, on the Oillingwood Goliificliis, now held un ler lease, or for which lea- r es have bfen applied for, extending throuuh which is a Go d bearing R.ef, proved, in all the several places trie-!, to contain gold. The Heef has been profitably work«-d for the last two years by the present lessees without the ;*id of itn^' machinery wha'ever, and a considerable lengtii and depth can he worked on an open face without s-inkin<* or drivintr. Drays can be now taken to the ground, and with a small outlay, a good dray ro-id could be made. Water, consisting of three full sluice heads, has been led, at a lar^e ex|iens« a distance of over 8 miles from the Kiver Paraptra onto the ground. One-half of the "water, or one-and-a-half full sluice heads, amply sufficient for driving all necessary machinery and for washing the crushing, is the property of the Company on condition that ie contributes one-half the cost of maintaining the lead._ There is an excel'ent site upon the ground suitable for the erection of the necessary machinery. All interest of the present Proprietors in the property above referred to is convened to the Company in consideration of the conveyance to them of 16*0 paid-up Shares, and of the paj'tnent to them of £QtiQ on the formation of the Comoanv, and £iOOO out of the first dividend available tor the Hiarehol'iers fi*"ni the working pr-li'.s of the Company. The recipinits of the paid-up f-hares bind themscivt-s not to sell under par until the expiration of six mo : tbs from the dale of the formation of the Company. The Provisional Directors will hold office for six months after the Company is formed, and operations will he commenced as soon as two-tliinis of the. shares offered to the Public have be-^n subscribed f.ir.'or sointr should the Provisional Directors deem it advisable. Applications for Shares, which must ba accompanied by a paytnvntof 2(«s per thare will have to be made in the form annexed hereto. No call beyond the deposit paid on application will be made until one month after the Company has O'tnisenced operations, or will exceed 2<>s. per Share ; and not less than one month's notice of the date of payment of any sarhcdl will be given by advertisement in at least one of the local newspapers. FORM OF APPLICATION FOE, SHARES. To the Provisional Directors of the "Perseverance Mining Company " (Registered). Gentlemen, I beg to make application for Share in the above Company, tor which I enclose (in terms of the Prospect v ) £ ; , being ihe deposit, of -iOs per Share ; anl 1 hen-by agree to p;iy tiie residue of the said Share if allotted to me, when called up by the said Company ; and I also a^iee t>> act ' in conformity with, and abide by. the Rules cif the Company when lawfulh made, and to execute the Deed of Settlement when called upon to do so. Date Name in full Address Business 2487 S ; gno?ure. TO BAKEIiS AND OTHERS. mHB undersigned are SOLE WHOLESALE J_ AGENTS of ROD & HOUNSELL'S BRAND of SILK-DRESSED FLOUR in 200lb, 1001 b, and 501 b Bags. Superfine Silk-dressed Flour ... £16 per ton Bran ... ... ... 7 „ | PolUrd ... ... ... 7 „ Sharua ... ... ... 9 „ NATH. EDVVARDS & CO. [ Nelson, July 27, 1869. 1576
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https://paperspast.natlib.govt.nz/newspapers/NEM18691123.2.12.3
Bibliographic details
Nelson Evening Mail, Volume IV, Issue 275, 23 November 1869, Page 3
Word Count
660Page 3 Advertisements Column 3 Nelson Evening Mail, Volume IV, Issue 275, 23 November 1869, Page 3
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