Page 3 Advertisements Column 2

Nelson Evening Mail, Volume XIII, Issue 158, 2 July 1878, Page 3

PROVINCIAL HALL. ALFCTURE wil! be delivered by the Rev. J. BECKENHAM, o*o TO-NIGHT (Tueeday), JULY 2. Subject— *' TJ N0 L E TOM," Ob, 42 YEAUS OP SLAVE LIFE, &c. OPINIONS OF THE PBEB3 ; — " One of God's true heroes."— Dickivson , s \ Quarterly. " The life story of a very remarkable man." — Weekly Review. j " Enchanting, romantic, fascinating."— , Temperance Star. His Worship the Matob in tbe Chair. Ail prooeeds for the BAKRER P AMILY. admission one shilling. Tickets may be obtained from the Booksellers and principal Storekeepers. Chair to be taken at 8 o'clock. [2192 HAIR ! HAIR ! ! HAIR !! ! WH. WEST has just received theLargs est and Best Selected Assortment of ORNAMENTAL HAIR AND PADS ever imported into New Zealand, and Now on Sal 3 at THE OLD STAND, established 20 years. A Ladies' Hairdresser on the Premi. 28. 12 OOMFORTABLE BOARD and RESIDENCE, for two Young Men. Mrs, G. JACOBS, Waimea-st , opposite Dr Marks. PROSPECTUS OF TUE WALLSEND COAL COMPANY 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, Collingwooa. WILLIAM CALVERLY RILEY, Collingwood. Bankers : THE COLONIAL BANK OF NEW ZEALAND. Solicitor : ALBERT PITT, Esq. A COMPETENT MANAGER WILL BE APPOINTED. Capital, £5,000, in 1000 Shares of £0 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 after the registration of the Company, and tuture Calls at intervals of not less than three months. The object for which this Company is formed is to work the Coalmine at Collingwood, which has been opened up by the Collingwood and Para ParaJCoal Companies. The Owners have purchased the interests of the Para Para Iron and Coal Compauy in this Coalmine upon very advantageous terms, including a lease from tbe Crown in the Collingwood Coalfield of all the Coal in 160 acres of land for twenty-one years from lsi January, 1870, at a royalty of two per cent., but not less than £16 per annum, and a lease granted by tbe Nelson Land Hoard in 1875 of 760 acre 3 in the same Coalfield at a royalty of two per cent., and not less than j£3B pc? annum. Also 2 J acres and 13 sections in tbe township of Femtown, all freehold, and adjoining the Company's wharf (also included in the purchase). On tbis 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. 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. 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 raine ia at present capable of throwing 30 tons of coal per day, and with a little more expenditure in driving levels on (the strike of coal, tbat 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 tbe 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 tbat it is of a most excellent descripMr George, the Engineer of the Wellington Gasworks, has given it a bigh character for gas purposes. It makes excellent coke, being free from 3ulphur. 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 being possessed of a very valuable property, which cost the Para Para Iron and Coal Compauy 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 the 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 not to put their paid-up shares in tbe 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. Tbe 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 tbe 820 shares not being , 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 mine 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 i Bridge-Street, Nelson. '\ J- B. MABIN, f JQ4O Ipterim* Secretary.