PROSPECTUS OF THE "TVTTRVILLE ISLAND COPPER \J MINING COMPANY [Limited], CAPITAL £30,000, In 30,000 Shares of £1 each. 10,000 Paid-up Shares Beserved to present Proprietors. 10,000 Shares present issue. 10,000 Shares Beserved for future issue. Payments on present issue, 2s 6d on application ; 2s 6d on allotment ; and the balance as required, by Calls not exceeding 2s 6d per Share per Month from date of registration. ' Provisional Directors : CHARLES REDWOOD, Esq., Riverlands, Marlborough. F. A. LEARMONTH, Esq., Mayor of Hokitika, We3tland. J. H. REDWOOD, Esq., Spring Creek, Marlborough. CALEB DA VIES, Esq., Blenheim, Marlborough. \ T. H. HUSTWICK, Esq., Blenheim, Marlborough. With power to add to their number. Chief Offices .-—BLENHEIM. Bankers : TEE BANK OF NEW ZEALAND. It is proposed to form a Company with the above title, and to be registered under the " Limited Liability " Acts for the purpose of Mining for Copper on D'Urville Island. The promoters have secured a lease upon very favourable conditions for 21 years (renewable at the option of the lessees for a further similar term) of 1280 acres commencing from the South Easterly shore of the Island with a frontage of Two Miles by a deplh inland of One Mile. A rich load of Copper Ore exists in the leased land from 3 feet to 6 feet wide, the outcrop «f which has been traced for upwards joif a mile. There is ample depth of water for the largest vessels to lie within 600 yards of the outcrop of the lode. Between the outcrop and the sea a Tramway and Jetty (for the building of which and other purposes the Lesses have a right to cut timber), are all the works required for shipping the ore, of which it may be truly said there is practically an unlimited quantity. The cost of getting, shipping, and landing at Newcastle, N.S.W., where it is proposed to forward the ore for smelting, will not exceed £l 10s per ton. Several careful assays has been made of the. ore, the lowest result obtained being 15 percent, and the highest nearly 70 per cent, or an average of upwards of 40 per cent of pure copper, but it is certain that a yield of 20 per cent of copper would leave a very large profit to the shareholders after payment of all outlay. Immediately on a sufficient number of shares being applied for, the allotment will be made, and a meeting of the shareholders called for the purpose of approving of the Articles of Association, electing a Chairman, Directors, &c. Applications for shares, accompanied by the deposit, will be received by the undersigned, JOHN R. MABTN, Agent. Nelson, May 28/ 1878. COLONIAL INSURANCE COMPANY OF NEW ZEALAND. FIRE AND MARINE. Capital ..-.£2,000,000. The Undersigned being appointed Agent, is now prepared to ACCEPT RISKS. W. M, STANTON, TRAFALGAR-STREET, NELSON. 1766 FTANSEATIC FIRE INSURXJu ance company, HAMBURG. Capital £80,000 Gtjaiunteed by tbe) £ Allied Companies} 4-500,000 Risks taken at Lowest Current Rates. Losses promptly paid in Wellington LOUIS ROTHER, AGENT, TRAFALGAR ST, NELSON. _im VICTORIA QUARTZ MINING COMPANY [Registered]. AT a Meeting of Directors held on the Ist June^a CALL (the 30th) of ONE PENNY per Share was struck and made payable to the Manager, et the Company't Office, Broadway, Resfton, on WEDNESDAY, the 12th day of June, 1878. WILLIAM M'LEAN, Manager. Reefton, June 3rd, 1878. ' 1910—2 ONION QUARTZ-MINING COMPANY [Limited]. AT & Meeting of Directors held on ths lit of June, a CALL (the 10th) of THREEPENCE per Share was struck and made payable to the Manager, at the Company's Office, Broadway, Bebfiok, on WEDNESDAY, the ISth day of June, 1878. WILLIAM M'LEAN, Manager. Reefton, June 3rd, 1878. 1909—2 HOMEWARD - BOUND QOARTZMINING COMPANY [Luiited]. AT a Meeting of the Directors in the above Company, held en the Ist of June, 1878, a CALL (the 4th) of ONE PENNY per Share wae struck, and made pa- able to the Manager, at the Company* Office, Reeftow, on WEDNESDAY, the 12th day of June, 1878, L. DA VIES, _ , _ Manager. Reefton, June 3, JB7B. 1911—2 "DRINTING of EVERY DESCRIPTION JL executed on the Most Seasonable Terms, by R LUCAS & SON, at the Evening Mail Office, Bridge-st., Nelson.
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Bibliographic details
Nelson Evening Mail, Volume XIII, Issue 132, 4 June 1878, Page 3
Word Count
691Page 3 Advertisements Column 2 Nelson Evening Mail, Volume XIII, Issue 132, 4 June 1878, Page 3
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