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HAIR! HAIR 11 HAIR !1 ! WH. WEST has jusfc received theLarg- • est and Beat Selected Assor tme nt of ORNAMENTAL HAIR AND PADS ever imported into New Zealand, and Now on Salb at THE Oi";D STAND, established 20 years. A Ladies' Hairdresser on the Premises. 12 ESTATE OF \ RICHARD OANFIELD ALLEN, DECEASED. ALL CLAIMS against the above Estate, or against the Firm of ALLEN & CO. are requested to fce sent iu to the undersigned ALBERT PITT, Executor Estate R. C. Allen. Trafalgar-st v Nelson, June 27, 1878. 2174—3 SCOTCH PIE SHOP, Next to Mr. Alex. Hunter's, Watchmaker, Bridge-street, where all kinds of CAKES, PASTRF, BUNS and BISCCITS are made Jresh everyday. HOT PIES, TEA and COFFEtt from 11 a.m. till 11 p.m., and on Saturdays a special hot rie for our country friends. Weddikg, Christening, and Birthdat Cakes made on the shortest notice. i 62 0 GROCERY, DRAPERY, and GENERAL MERCHANDISE can be had FUtail, at HINGSTON'S STORE, the Wood, CHEAPER than any List now pub- j lished. One purchase will prove tbe j fact. The public invited. 14H j PROSPECTUS OF THE WALLSEND COAL COMPANY COLLINGWOOD [Limited], I COLLINGWOOD, NELSON. Incorporated under " The Joint Stock Com- | panies' Act, 1866." ! Directors: . FRANK GUINNESS, Collingwood. JOSEPH DURHAM BRACE, Collingwood. j WILLIAM SCHIMGEOUR, Collingwood. I GEORGE RILEY, Collingwood. ROBERT WILSON, Collingwood. WILLIAM CALVERLY RILEY, Collingwood. 7tfi.nßP.Tit ■ THE COLONIAL BANK OF NEW ZEALAND. Solicitor: ' ALBERT PITT, Ehq. 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 oue month I after the registration of the Company, . and future Cal's at intervals of not less than three months. The object for which this Company is formed is to wo;k the Coalmine at 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 ColliDgwood Coalfield of all the Coal iu 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 Land Hoard in 1875 of 760 acres in the same Coalfield at a royalty of two per cent., and not less than £38 per annum. Also 2-J acres and 13 sections in the township of Feratown, 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 £12 per annum, and the right of tramway through his land from Company's leasehold to freehold at a, peppercorn rent. Tl-e purchase also includes all rolling stock rccessary for successfully working the mine, 120 tons of iron rails laid, down, and two barges originally costing over £800. 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. The mine is at present capable of throwing 30 tons of coal per day, and with a little more expenditure in driving levels on (the sirike of coal, that quantity could be doubled. It is intended to take steps for this purpose without delay. . Therejs 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. The coal from the mine has been reported 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 excellent coke, being free from sulphur. The Coal has been tried on board the " Rangitoto" and other steamers, 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 heing 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 : — 1 £0 fully paid up shares iu the Company to '. be given to the present owners, and they also to receive out of the proceeds of the sale of tbe 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 not to put their 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 the event of 420 of the 820 shares not Leing applied for within that period, the deposits paid by applicants for shares will be returned to them without deduction, and the Owners will retain the property and work the inine themselves. Applications for shares can be made at the Offices of the Colonial Bank at Nelson, Wellington, Christchurch, Dunedin, and Auckland, and at the office of Mr J. R. Mabin, Bridge-street, Nelson. '"..-•'! "' J. R. MABIN, : l * ' ?°4° Jnterira Secretary.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18780629.2.14.2

Bibliographic details

Nelson Evening Mail, Volume XIII, Issue 156, 29 June 1878, Page 3

Word Count
1,022

Page 3 Advertisements Column 2 Nelson Evening Mail, Volume XIII, Issue 156, 29 June 1878, Page 3

Page 3 Advertisements Column 2 Nelson Evening Mail, Volume XIII, Issue 156, 29 June 1878, Page 3

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