HAIR! HAIR!! HAIR!!! WH. WEST has just received tbeLa?g- --• est and Best selected Assortment of ORNAMENTAL HAIR AND PADS over imported into New Zealnnd. and Now om Salh at THE Or.D STAND, established 20 years. A Ladies' Hairdresser on the Premises. „i 2 '.PI O REWAR D.— Lost, Stolen, OWi\_/ or Strayed from my Paddock at Top House Ron during Sunday < night the 16th instant, a BAY COB QELDr ING, bearing my registered brand, known as doable anchor, on near shoulder. If stolen, the above reward will be given lor such informal ion as will lead to the conviction of the the thief or thieves 2126-6 ADOLPH WIESENHAVERN SCOTCH PIE SHOP, Next to Mr. Alex. Hunter's, Watchmaker, Bridge-street, where all kinds of CAKES, PASTRF, BUNS and BISCUITS are m&iejmh every day. HOT PIES, TEA and COFFEE from 11 a.m. till 11 p.m., and on Saturdays a special hot pie for our country friends. Wedding, Christening, and Birthday Cakes made on the shortest notice. 1520 GROCERY, DRAPERY, and GENERAL MERCHANDISE can be had Retail, at HINGSTON'S STORE, the Wood, CHEAPER than any List now published. One purchase will prove the fact. The putdic invited. 1411 PROSPECTUS OF THE WALLSEND COAL COMPANY COLLINGWOOD [Limited], COLLINGWOOD, NELSON. Incorporated under " The Joint Stock Companies' Act, 1866." jyivectors _ FRANK GUINNESS, Coliingwood.,, JOSEPH DURHAM BRACE, Collingwood. WILLIAM SCRIMGEOUR, Collihgwood. GEORGE RILEY, Collingwood. ROBERT WILSON, Collingwood. WILLIAM CALVERLY RILEY, Collingwood. Bankers : THE COLONIAL BANK OE 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 £1 per Share each ; the first call to be made not soorer than one month after the registration of the Company, and future Calls at intervals of not less than three months. The object for which this Company is formed is to work the Coalmine al Collingwood, which has been opened up by the Collingwood and Para Para' Coal Companies. The Owners have purchased the interests of the Para Para Iron and Coal Company in this Coalmine upon very advantageous terms, including a lease from the Crown in the Collingwood Coalfield of all tho Coal in 160 acres of land for twenty-one years from Ist January, 1870, at a royalty of two per cent., but not less than £16 per annum, and a lease granted by the Nelson Laud Board ia 1875 of 760 acres in the same Coalfield at a royalty of two per cent., and not less thari £38 per annuoh Also 2£ acres and 13 sections in the township of Ferntown, all freehold, ;and adjoining the Company's wharf (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 .£l2 per annum, and the right of tramway-through his land from Company's leasehold to freehold at; a peppercorn rent. The purchase also includes all rolling stock recessary for successfully working the mine, 120 tons of iron rails laid down, and two barges originally costing over £800. i The Coal seams, five in number, have been 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 Tdriving levels on [the strike of coal, that quantity could be doubled. It is intended to take steps for this purpose without delay. /j \ There is an {excellent, iron tramway from the tunnel mouth; to ; the end o£ the wharf, The wharf is. 7 cbairis 45 feet long, and has coal bunkers and other conveniences capable of holding 150 tons of coal. - The coal from, the mine has been reported on by" Dr Hector aridDrßlaCk, who state that it .is.' of & most:, excellent descripMr George, the Engineer of the Wellington .Gasworks, has given it a high character for gas purposes. It makes excelleni coke, being free from sulphur. ' The Coal has been tried on board the " Rangiioto" and other steam- J ers, and given thorough satisfaction.: 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 Company upon the following terms,- viz : — IBO fully paid up shares in the Company to be given to tbe present owners, and they also to receive out of the proceeds of the sale of the 820 shares offered to the 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 and the 180 paid up shares to be considered the purchase; money of the mine and plant. The Owners undertake nofc to put their paid-up shares in the market until the whole of the shares offered to the public have beeu 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 : the 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 dednction, and the Owners will retain the property and work the mine themselves. Applications for shares can be made at the Offices of the Colonial Bank at Ne'son, Wellington, Christchurch, Dunedin, and Auckland, and at the oflice of Mr J. R. Mabin, Bridge-street, Nelson. j "'..., '.'..'"■■' 'J. R. 1 MABIN. : : !<HP : . ..:..'...■ •_■■, . . Interim Secretary. . '.ff'.*'/ i, ■ '■.{'. \ '.J) <■ ■■!; ! -
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Bibliographic details
Nelson Evening Mail, Volume XIII, Issue 155, 28 June 1878, Page 3
Word Count
1,037Page 3 Advertisements Column 2 Nelson Evening Mail, Volume XIII, Issue 155, 28 June 1878, Page 3
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