— -"•' •■■-.. . - - 1 - . .. ELECTORS OF NELSON ! DO NOT PROMISE YOUR VOTES YET ! I I IN ALL PROBABILITY IyTR. A LFRED QAUNDERS WILL BE A CANDIDATE. 771 TO BE RAFFLED. mHE CELEBRATED STEEPLECHASE X HORSE. RONA L D , With Engagements at tbe Forthcoming Meeting in Nelson, by ONE HUNDRED MEMBERS at ONE GUINEA per member, atthe Trafalgar Hotel, on APRIL 23rd, 1872. Tickets to be obtained at the Trafalgar Hotel, or of the undersigned. 766 JOHN M'GLASHAN. PROSPECTUS OE THE TURNER GOLDMINING COMPANY TO EE Registered under the Mining Companies Limited Liabilities Act 0f 1865, and the Amended Acts of 1869-70. Capital £10,000. In 2,000 Shares of £5 each, of which 1,000 Shares are disposed of in the terras of the Prospectus, leaving 1,000 Shares now offered for subscription. £1 payable on application, £1 on allotment, and the remainder in three calls of £1 per Share, such calls to be made at intervals not exceeding four months nor less than one month, Piavisional Directors: Mr. W. Weleord, Picton. Mr. Chas. H. Turner, Queen Charlotte Sound. Mr. Chas. J. Greenlaw, Blenheim. Mr. RicnARD Nicholls, Blenheim, with power to add to their number. Bankers : The Bank of New Zealand. IT is proposed to form a Company for working the Reefs discovered on Cape Jackson, in the Province of Marlborough, and recently prospected with very favorable results. The property consists of a Lease of \b\ Acres of Land granted under the Mining Le,se Regulations for a term of 15 years. The Reefs occur between soft sandstone and slate, affording great facility for extraction. Considerable work has been done by the Prospectors, viz.: Two shafts have been sunk, one 23 feet and the other 85 feet in depth. In the latter, at the depth of 55 feet, a cross cut haa been driven for 52 feet, cutting three distinct bodies of quartz, all of them gold-bearing. Qn the course of No. 1 a drive has been made 30 feet in length, and it has b^en proved by the tesjis applied that the j ield will average 2| oz. of gold to the ton of stone • and where it has also been driven on for 9, distance of 35 feet, at the 85 feet level, gold is freely to be seen in the stone. No timbering has yet been required. Since the above work was concluded, the Prospectors have succeeded in discovering on the property another and distinct Reef, which has been opened out at short intervals for a distance of say 1,000 feet. The stone is thickly impregnated with gold, and has been estimated by competent judges to yield at least 7 oz. to the ton. At about 60 feet from the last-named reef another occurs, which is gold bearing, but which has not been prospected. ,^3?he bearings of each of tbe above are the same, the course being N.W. and S.E. The Proprietors propose to part with their interest for 1,000 fully paid-up Shares, and £600 in money — £300 to be paid on completion flf the purchase, and £30Q out bif tbe "first "nett profits of the Mine. The Prospectors bind themselves not to sell any of their Fhares before six months after the formation of the Company. The permanent Board. of Directors shall consist of eight members, three of whom the Prospectors reserve to themselves the right to nominate, and this proportion, under all circumstances, to, maintain All pyelfminary expenses, such as printing prQspect'hs.'adver.ising, &ej, shall' be defrayed by the Company. On two-thirds of the Shares being applied for, a meeting will be called, a Deed of Association submitted for approval and signature, and Permanent Directors appointed. Application for Shares mu9t be accompanied by a deposit of One Pound per Share. In cises where no allotment is made, the deposit will be returned without any deduction • and where an allotment is made of an amount smaller than that applied for, the surplus of deposit will be applied towards the amount payable on allotment. Applicants desiring to pay up in full wjll have priority in tJbje allotment. ' Speeimens'on view atthe Bank of New Zealand, Blenheim; and Clark's Hotel, Picton. ' Applications for shares (to be made in the following form) will be received by the Bank of New Zealand, Blenheim and Picton. Form of Application for Shares. * T. 1872. To thp Provisional Directors of the Turner Gold Mining Company, — Gentlemen, — I hereby apply for.- Shares ;n ttie Turner Gold Mining Company, and enclose £ : : , as deposit thereon, and I agree to accept <;hat or any less number of Shares which may be allotted me, and £0' pay all Calls lawfully made thereon, and to sign the Deed of Association when called upon to do bo. Name in fall JResidence Business and occupation J^orms of Application for Shares may be obtained . at the Office of the Evening Mail, Nelson. 705
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Bibliographic details
Nelson Evening Mail, Volume VII, Issue 86, 10 April 1872, Page 3
Word Count
801Page 3 Advertisements Column 1 Nelson Evening Mail, Volume VII, Issue 86, 10 April 1872, Page 3
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