Page 1 Advertisements Column 3

Nelson Evening Mail, Volume VII, Issue 106, 3 May 1872, Page 1

Public Notices. KILGOUR & PEROTTI, SHAREBROKERS 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 Lyeli. 264 PROSPECTUS OF THE TURNER GOLDMINING COMPANY TO BE Registered under the Mining Companies Limited Liabilities Actof 1865, and the Amended Acts of 1869-70. 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 four months nor less than one month. Provisional Directors : Mr. W. Welford, Picton. Mr. Chas. H. Turner, Queen Charlotte Sound. Mr. Chas. J. Greenl\w, Blenheim. Mr. Richard 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 16J Acres of Land granted under the Mining Lose 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. Iv 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 been proved by the tests applied that the yield will average 2\ oz. of gold to tbe ton of stone ; and where it has also been driven on for a 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 Reet, which has been opened out at short intervals for a distance of say 1,000 feet. The stone is thickly impregnated witb gold, and has been estimated by competent judges to yield at least 7 oz. to tbe 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, 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 tbe Mine. The Prospectors bind themselves not to sell any of their Shares 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 preliminary expenses, such as printing prospectus, adverdsing, &c, shall he 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 must be accompanied by a deposit of One Pound per Share. In cases where no allotment is made, the deposit will be returned without any deduction; and where an allotment is mae'e 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 will have priority in the allotment. Specimens on view at the 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. m 872. To the Provisional Directors of the Turner Gold Mining Company,— Gentlemen,— l hereby apply for Shares in the Turner Gold Mining Company, and enclose £ : : ,as deposit thereon, and I agree to accept that or any less number of Shares wliich may be allotted me, and to pay all Calls lawfully made thereon, and to sign the Deed of Association when called upon to do so. Name in fu11..... Residence Business and occupation Forms of Application for Shares may be abtained at the Office of the Evening Mail, Nelson; 70