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"Public Notices, KILGOUR & PEROTTI, SHAREBROKER3 AND COMMISSION AGENTS, GREYMOUTH. Shares in Mining and other Stocks Bought and Sold. Business transacted with care and punctuality. K. & P. offer themselves as a safe medium to distant capitalists for investing in the Mining Stock of the Rich and Extensive Quartz Fields of the Inangahua and Lyell. 264 BOOKS T> OU N D IN ANY STYLE. R. LUCAS & SON. T\ O L L S , CHESSMEN AND BOARDS, TOYS, LADIES' FANCY BAGS AND PURSES, GAM E S , MONEY BOXES, DRUMS, WHIPS And a Variety of other Goods. R. LUCAS & SON, BRIDGE STREET. PROSPECTUS OF THE TURNER GOLDMINING COMPANY TO BE Registered under the Mining Companies Limited Liabilities ActoflßSs, and the Amended Acts of 1869-70. I Japital £10,000. In 2,000 Shares of £5 each, of which 1,000 Shares are disposed of in the terms 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 lour months nor less than one month. Ptovisional Directors : Mr. W. Welford, Picton. Mr. Chas. H. Turner, Queen Charlotte Sound. Mr. Chas. J. Greenlaw, Blenheim. Mr. Richard Nicholls, Blenheim. with power to add to their number. Bankers : The Bank op 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 16£ Acres \ of Land granted under the Mining Leise Regu- | lations 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 Pros- [ pectors, viz.: Two shafts have been sunk, one j 23 feet and the other 85 feet in depth. In the latter, at the depth of 55 feet, a cross cut has been driven for 52 feet, cutting three distinct bodies of quartz, all of them gold-bearing. On the course of No. 1 a drive has been made 30 feet in length, and it has b?en proved by the tests applied that the j ield will average 2§ oz. of gold to the ton of stone ; and where it has also been drben on for a distance of 35 feet, at the 85 fest 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 Reet, which has been opened out at short intervals for a distance [ of say 1,000 feet. ( The stone is thickly impregnated with gold, j and has bsea 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. The bearings of each of the above are the same, j 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 of the purchase, and £300 out of tbe first nett profits of the Mine. . , ..,■■, The Prospectors bind themselves not to sell any .of, their Shares before six months after the formation of the, Company .; _ . t i 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. preliminary, expenses, such as printing prospectus, advertising, &c, 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- Direetprs appointed , „ ( . : . Application for Shards must be accompanied ( '. by; a, deposit .of .One' Pound per Share. iJn.iCi'sei where no tillotnient is made, the deposit will -be; 'returned without any deduction; I ami where an allotment is .made of an amount smaller than ".'tfiat,', applied for, the. surplus of deposit will ■[)}$ .applied towards, the amount ,;payabie,.on allotment. ]■ , • . „ .'..,'.■ .: jjAipplicantis^desiring ; to,pay, ;up in, full will have prioTilfy. inj the'iUptment. . . .' ■ * oil view at the Bank, pf.. New Zealand, Blenheim, and Clark's Hotel, Picton. 1 ' . „.: Application^, for shares, (to be,, made in the folIpwing ; ;fqrra), ; w)ll ,be : , received by the Bank of •'■•Mey. Zealand,, Bl(?ji|ieitn and Picton. v

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18720430.2.2.3

Bibliographic details

Nelson Evening Mail, Volume VII, Issue 103, 30 April 1872, Page 1

Word Count
732

Page 1 Advertisements Column 3 Nelson Evening Mail, Volume VII, Issue 103, 30 April 1872, Page 1

Page 1 Advertisements Column 3 Nelson Evening Mail, Volume VII, Issue 103, 30 April 1872, Page 1

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