Page 3 Advertisements Column 2

Nelson Evening Mail, Volume XIII, Issue 172, 18 July 1878, Page 3

NOTICE. ALL CATS found Tresjnssi:;K on my Property, IluveiMoad will be DKSJli'iYED. i-410— 3p J. G ARR ABD. £200 -t*"*** 7 11HK ahovr. Rttwani will ho paid hy tht! Nklson Insurance Companies Associatkn for such information as slia'l lead to th? conviction of the i erson or persons who SET Km*, to tries HOU---E belonuii-g to Jamks Watkins »'SQ, sitv>a<e in Trf-faUnr-street houth .vt'ison, on THURSDAY, 27th Juno, 1878. ' In*ornv,ti-m to he piv C a io the Police By (rjt-r of the tfub-commltue, A. W. SCAIFE, „ , Hon. Secretary. *>elB--n, 4th J"nly : JB7B. {,o fi3 His E*c lle-ocv '/ne Qovninor wi'l Itrant a j,^ E j_ ARDos f 0 "Jl )l ..attd in ihe said aft, not being the .. Wm-ipal offender, who s'.ixll pive such informathn as will had t*** v o »pprtlun*-ion «nd ( onvictior. of tmy one or moro of the other '•ffendiTß. HEAt)-TKACI-IERS of PUBLIC SCHOOLS who hove omim-d t> stnd in the usual Ha'f-ycsrly Acquisition 'or L'ooksat;d S.hool Matcriaf are rtquestei to forward their Inquisitions not later than WATUiiDA V, the 20th instanr. W. C. HOD R SON, 239 1 Secretary elson Education Board. PROSPECTUS OF THE WALLSEND COAL COMPANY COLLINHWOOD [Limited], COLLINGWOOD, NELSON. Incorporated under " The Joint Stock Companies' Act, 186 G." Directors : PRANK GUINNESS, Collingwood. JOSEPH DURHAM BRACE, Collingwood. WILLIAM SCKIMGEOUR, Collingwood GEORGE RILEY, Collingwood. ROBERT WILSON, Collingwood. WILLIAM CALVERLY RILEY, Colling- i wood. Bankers : THE COLONIAL BANK OE NEW ZEALAND. Solicitor : ALBERT PITT, Esq. 1 A COMPETENT MANAGER WILL BE APPOINIED. Capital, £5 000, in 1000 Shares of £o each, Payable 10s. per Share on application, an additional lOs. per Share upon allotment, and Calls, not to exceed £1 per Share each ; the first call to he made not sooner 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 heen opened up hy 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 j Collingwood Coalfield of all the Coal in 160 acres of land for twenty-one years from Ist January, lblu, at a royalty of two per cent., but not less than £1G per annum, and a lease granted by the Nelson Laud i'oard in 1875 of 760 acres in the same Coalfield at a royalty j of two per cent , and not less than £38 per anuum. Also 2£ acres and 13 sections in the township of Ferntown, all freehold, and adjoining the Company's wharf v also included in the purchase). On this freehold there are six cottages, manager's house, stables, storerooms, &c. ln 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 lard from Company's leasehold" to freehold at a peppercorn rent. The purchase also includes all rolling stock necessary for successfully working the mine, 120 tons of iron raiis laid down, and two barges originally costing over £800. The Coal seams, five in number, have heen 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 lons of eeal per day, und with a little more expenditure in driving leve's on the 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 loug, aud 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 trom sulphur. The Coal has heen tried on board the " Rangitoto" and other steamers, aud 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, leaviug a handsome profit to the Company. 'I he 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 :— !80 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 he paid, the balance to be banked to the credit of the Company. This £900 and the 180 paid up shares to be i onsidercd 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 (he 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 uot being applied for within that period, the deposits paid by applicants for shares will be returned to tbem without deduction, and the Owners will retain the property and work the mine themselves. Applications for shares can he 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, 1 1°4° Ipterim Secretary.