HAIR ! HAIR ! ! HAIR !! ! WH. WEST has just revived the larg- • ret and Best Selected Assortment of ORNAMSNTU, HAIR. AND PADS ever imported into New fcenlnnd. and Now on Sale nt THE Of-D STAND, established 20 years. A Ladies' Hairdresser on the Premises. _i 2 OIA REWARD —Lost, Stolen, J- vy or Ft RAT ED from my Paddock at Top House Rotr during Sunday niaht the 16ch instant a BAY COB GELDING, bearing my registered brana 1 , known as double anchor, on near shou'der. If stolen, the übove r ward w ill be given lor such informal iou as will lead to the conviction of tbe th; tin f or thieves 2126-6 ADOLPH WIESENHAVERN. SCOTCH PIE SHOP, Next to Mr. Alex. Hunter's, Watchmaker, Bridge-street, where all kinds of : CAKES, PASTRY, BUNS and BISCDITS are m&AeJresh every day. HOT PIES, TEA and COFFE& from 12 a.m. till 11 p.m , and on Saturdays a special hot pie for our country friends. Wedding Christening, and Bibthday Cakes made on the shortest' notice. 1620 • , f^ROCERY, DRAPERY, and GENERAL MX MERCHANDISE c*n be had Kftail, at HIKGSTON'S STOKtt, the Wood, CHEAPER tlian any Li«t now publishtd. One purchase will prove tbe fact. The puolio invited. Hiv PROSPECTUS OP THE • ', TTTALLSEND COAL COMPANY VY COLLINGWOOD [Limited], COLLINGWOOD, NELSON. Incorporated under " The Joint Stock Companies' Act, 1866." Directors : FRANK GUINNESS, Collingwood. JOSEPH DURHAM BRACE, Collingwood. WILLIAM SCRIMGEOUR, Collingwood. GEORGE RILEY, Collingwood. ! ROBERT WILSON, Collingwcod. WILLIAM CALVERLY BILEY, Collingwood. Bankers : THE COLONIAL BANK 01? NEW ZEALAND. Solicitor : ALBERT PITT, Esq. A COMPETENT MANAGER WILL BE, APPOINTED. ; Capital, £5,000, in 1000 Shares of £5 each, Payable 10s. per Share on application, an additional 10s. per Share upon allotment, : and Calls, not to exceed £ I per Share each ; tbe first call to be made ! not sooner than one month after the registration of the Company, i and tuture Calls at intervals of ' not less than three months. : The object for which this Company iai forned is to work the Coalmjne at Collingwood, which has been opened up by the Col-] lingwood and Para Para^Coal Companies. I The Owners have purchased the interests; of the Para Para Iron and Coal Compa'iy in this Coalmine upon very advantageous terms; including a lease from tbe Crown iv the! Collingwood Coalfield of all the Coal in loOi acres of land for twenty-one years from Ist! January, IS7O, at a royalty of two per cent.,: but not less than £16 per annum, andalease. granted by the Nelson Land i J oard in 1875 J of 760 acres in the same Coalfield at a royalty; ■of two per cent , and not less than £38 per[ annum. Also 2J acres and 13 sections in thej township of Ferntown, all freehold, and ad-i joining the Company's wharf i^also included; in the purchase). On this freehold there are six cottages, manager's house, stables, storerooms, &c. In the Owners' purchase are included also 12 quarter-acre sections, leased from W. Collins, Esq., at £12 per annum,f and tbe right of tramway through Irs land.! from Company's leasehold to freehold at' a! peppercorn rent. The purchase also includesj all rolling stock necessary for succc-sfullyj working tbe mine, 120 tons of iron rails laid down, and two barges originally costing oven £800. The Coal seams, five in number, have beenj cut at right angles to the dip by a main! tunnel, capable of carrying extensive traffic; being six feet six inches high, seven feet ■wide at the bottom, and five feet wide at the top. j The mine is at present capable of throwing! 30 tons of coal per day, and with a little; more expenditure in driving levels on |th^ strike of coal, that quantity could be doubled] It is intended to take steps for this purpose without delay. } There is an 'excellent iron tramway from the tunnel mouth to the end of the wharf, The wharf is 7 chains 45 feet long, and has coal bunkers and other conveniences capable of holding 150 tons of coal. j The coal from the mine has been reported j on by Dr Hector and Dr Black, who state that it is of a most excellent descripMr George, the Engineer of the Wellington' Gasworks, has given it a high character for gas purposes. It makes excellept coke, being free from sulphur. The Coal has been tried, ou board the " Rangitoto" and other steam-! ers, aud given thorough satisfaction. j The Company intend to send none but clean Coal, and of the best quality, to the; market, which can be supplied in Collingwood at 18s. per ton, or delivered in Nelson at 265, per ton, leaving a handsome profit to the Company. The Owners being possessed of a very valuable property, which cost the Para Para Iron and Coal Company over £10,000, are prepared to make the same over to the Com4 pany upon the following terms, viz : — IBO fully paid up shares in the Company to be given to the present owners, and they also to receive out of the proceeds of the sale of the 820 shares offered to tbe public the sum of £900, to be paid thus— so per cent of the proceeds of moneys received for applications, allotments, and calls of shares, to be paid to the Owners until such £900 be paid, the balance to be banked to the credit of the Company. This £900 aud the 180 paid vp 1 shares to be considered the purchase money, of the mine and plant. | The Owners undertake not to put theic paid-up shares in the market until the whole of the shares offered to the public have been disposed of, nor within six months of the registration of the Company. The above-mentioned 820 shares are now offered to the public until the 15th JULY> 1878, and none will be allotted until then In tbe event of 420 of the 820 shares not being applied for within that period, the deposits paid by applicants for shares will be returned to them without deduction, arid the Owner^ will retain the property arid work the mine themselves. I Applications for shares can be made at the Offices of the Colonial Bank at Nelson, Wellington, Cnristchurch, Dunedin, and Auckland, and at 'the' office of Mr J. R. Mabiri, Bridge-street, Nelson. ; '"; = * ' f i . j. r.. itABiN, ; '1040 ■ : Interim Secretary.
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Bibliographic details
Nelson Evening Mail, Volume XIII, Issue 154, 27 June 1878, Page 3
Word Count
1,052Page 3 Advertisements Column 2 Nelson Evening Mail, Volume XIII, Issue 154, 27 June 1878, Page 3
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