j .i;„.;?. J" — r.: _-... AC! iA j^ > I'c.U^t"'" ■ ■-^BRQSPECTIJS"' :.;/'■ _.E_IHE .. j "f¥7A__LSE^J? CO4LGOMPMY , V f CQL^IN^WOQD [LiMjKrsDJi 1 .-: r GOLLINGWQpp; kNEL^oC .: . ."." j Incorporated under " The76irit Stock Co'm--'pa'niea' Act, 1866." - - Directors • ! ERANK GUINNESS, Coliingwood. JOSEPH DURHAM BRAfJE.CoiiingwOOd; i WILLIAM SeMMGEOURi Coliingwood.'- - i GEORGE : RILEY, Coilingwood: - ■: : ROBERT' WILSON, Coilingwood. J,I WILLIAM CALVERLY RILEY, Collingi wood. j •'■■'■ Bankers: Xl ,; - »'- -•- \ .*. .-• ; THE COLONIAL BANK OF NEW ; ;■•.-■:- ZEALAND. Solicitor: . ALBERT PITT, Esq.: , . , I A (^i£^E^Nt'MjSk6^yW&J^ BIE j .APPOINTED.." '-'- \ Capital, '£bOf>; in h IOOO ShareV of j £5 eacfi, , „ j Payable *10s. . p eij' , Share on ( 'ajjplicatio^\ah iidditiorial' 10s: per S_are up^n allotment. : arid Calls,- not to exceed jEUper Share j each ; tbe _t'st call to be made ... > ; •'"• '• not'-odner than on. month.. 1 ; i after the registration of the Cdifiipanyy : ' and tuture Galls at intervals of '■■■' "■•■ riot less than' three months. 1 The object -jfor^ whichj this Company is i formed; is,, to work the) Coal! mine at Collingj wood, which has been' opened up by the Col- < iing>vqpd and Para Para' Coal Gompanies.' ' The Owners have'purchased the' interests S offtheiPara Para Iron] and Coia.l Cpfflpauy; in fh|S;Goa,lminefUppp yeij^ad vantage, pus terms, including a lea^e from ihe , Crown in the , Coilingwood Cpalfieid ,of , ail .the Coal.ha 160 I acres pf land for \tae_ty-pne years frpiii,'i3t [ January, 1870, at a r6yalfy,pf twp percent., 1 : but not less (i^au per,ajipum,'a_aaiease j gra^njed by a the i 'Nels'pri\.La,nd t \ , Boai^in,,i^Ys ; of 760,acres.irithe sameiCoal^eld at.a royalty ' pf - two, per cent., and, not less than £38. per I annum, Also 2y acres and, 13 sections iii ,the ' township of Eerntown, all freehold, and.- ad- ■ joining the^Company's wharf, (alspincluded ' in. the purchase). . ,On..thi3,_r'eeholdf there, are sis cottages^ manager _, house, stables, sto'rei rooms, &c. In the^,Ownprs', purchase .are included 12 sections,' leased , from W;. Collins, Esq:/ at £12 per : annum, arid the fight, of ,tramway ( ,thrdugh his'land from, Company's leasehold 'to freehold _t a pepjperporn rent. !,The* purchase' also 'includes all,, rolling stock. necpssary for successfiiiiy working the mine, 1.20 tons of iron r_il^ laid down, and two barges originally costing over jesob. " ' ' " ■' ■ ';.. v, f The Coal, seams, five incumber, have been cut^at right .angle's .to thp.'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: A ■ .-. -, .;.- _ ... ... . _ ... .; 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 strike of coal, that quantity could be doubled. It is intended to take steps for this purpose without delay. ' ' V;, There is an excellent- iron : tramway froih the tunnel mouth 10: the .end of the wharf, The wharf, is L 7 chains 45 "feet long, and bas coal bunkers arid other conveniences capable of holding 150 tons of coal. .-...'. The coal from the mine has been reported on . by 1 Dr Hector . aqd Dr B^tck, • who. state that it is of' a .most .excelle'nts." descripMr George, the Engineer of* the Wellington Gasworks, has given it a high -character fpr gs,s ; purppse3. J^niake^ excellent coke, being free from'sulpnur.'ThWCoal has, been tried on.board'the" Rarigitoto" and' other _tearri- r ets, and given thorough satisfaction. ..The Company intend to J send none but clean Coal, arid 'of the; best' quality, to the market, which can be supplied ihiGolliugw_od at 18s; per ton, or delivered in Nelson at 265. per ton, : leaving a handsome profit to the Company. ... . ( , .. •_•„,.. j- ; . ,-. , ;; The Owners being possessed of a very valuable property, which cost the Para Para * Iron arid Coal Company over ; £10,000, are : prepared to make the same over to the Coiripanyupon the following terms, viz: — 180 fully paid' up shares in the Company to. be \ given;to the present owners, and they; also to receive lout of th&proceeds,of the sale pf the 820. shares offered to .the public ..the .'sum of __00,.t0,be paid thus— so, per, .cens pf the proceeds oi< moneys received t ot. applications, allotments, and calls of shares, to be paid., to i the Owners until such £900 be_ paid, the balance to be banked to the credit of the Company ..5 T.his|£9oo and jthe-: 180. paidi\up , shares to _c considered the' purchase money of the mine and plant. r The, Owners undertake, not to put their tsaitt-up.hares-ln-the.^^ of the shares offered to the public have beeu ; disposed of, nort^ithini six -months of the ; registration of the Company. 1 r..Thp-abpye-i_enfcio_ed-82Q are,- now! tjffered to tbepublic rintil" tbe ! 15th : 1878, and none will be allotted until then In ' the event of 420 of the 820 shares not being ! applied for withia, , that. period, the, deposits paid by applicants, for shares wiil be reiufried ; to them 1 without dedhction, arid the ' Owners . will retain the property and work the mine themselves: .-.'._.,.._... f 4 /-. ■_• : ' ,- " Applications for shares -can. „c made.afc the ; Offices of the ColoniaL Banket Nelson, Wei- j iington, Christpnurchp Dunedin, and Auckland, and at the office of Mr J. R. Mabin, ' Bridge-street, Kelson, y- ,',..-.;,- .- ■ ' ■ '" ■" '''j; R.^Mi.B.N; I •, 1040 Interim Secretary. - jj-^'y '■» ■■ • • "i -; oTTJ , .., .:. IJ; ,-; Ij TI7OOL, SHEEPSKINS, ANDj! TA) yi ßj@i.^^g[rnndepfgned aral CASH PGK CHASES of the "above. 1:1 : LIGHTB^AND'&'-.O.i' ■ ! 1248 Wairoa Fellmongery,- Brightwater. ; OTEEDMAN'S SOOTHING POWDERS; CHlL_^S\ , d.trll_&^rSEETH. I . 1 CAUTIQN TOPURCHASERS. ! &u___:(iy_i_.u of j thrsjiiwell"o|_iown;iLpa__fy| Medio|nl^aßil.j^JsrgeJi_¥_¥^M all 1 partaj of the world, and by all grades of society, for-ittpw-rdsgaf Jfyftffi {%esrt. ?4 lte melije_rued| fejS&tdyoj sale(has' S^SmW^io^phf^i^asj I some oflwhich in Outward Appearance- so! deceived many purchasers. The proprietor) therefore feels3_i.dua:tof^h_;p3blic to give aj special;, caution- against the., use., of such\ Imitation^ ■- ■ : - J - ~~ '- L ■•'■ * •*- j Purchasers are therefore requested carefully! to obsegvo ( j the jrfow , following .distinctive' characteMssci/ -wirafeut -^trMch none are) genuine :— I _r^'M|Ea9eai^i. "th.: %mj _ffixedirtog_io_fJ_?AC-__i><i-:ii Jj._i.a - iuo ' b_ad >T psas_ Sm^iPfajv^^ia^dirMfMn^ for i<niqJ_iraMiMN ChemisfW_lw6_ipir|M 1 3rd.— The _am.<lS6__li_i_i is always spels with-two EE's. . , ... A - \ at W*%Qr^fj___rsy.o_j uo , .J_*Kk*_»pK!& bydl Chemist, aad 2s. 9d[ lata by Si3a_?EQ_s_, __.QBSs_, _^_q,^ i 1 D_a&___ S3
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM18780711.2.13.3
Bibliographic details
Nelson Evening Mail, Volume XIII, Issue 166, 11 July 1878, Page 4
Word Count
978Page 4 Advertisements Column 3 Nelson Evening Mail, Volume XIII, Issue 166, 11 July 1878, Page 4
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