Page 4 Advertisements Column 5

New Zealand Spectator and Cook's Strait Guardian, Volume IX, Issue 830, 16 July 1853, Page 4

l^ilway, become available, such as ilate-ofiexeeed-ing fine 1 quality for every purpose to which slate cm be applied: limestone; timber,, .arid fife-stone fif for the most intense fubace work,- All of which would come ,to market at' a m'ode'rate'cosr^ and some of which are,. at, presents in great demand. . ' The foregoing statement shews the undertaking' Jo possess, such' unusual' advantages in etery particular, that I have ho hentationan recommend' ring immediate steps to obtain' tile capital necessary ,to Work the mines, feeling perfectly assured that they will prove highly remunerative. . ; " Tarn, &e.^ . . W.L. Wkey, Nelson, 10th June, 1853. Mineral Surveyor. , Tile following letter was in the meantime received from T. L. Morgan, Esq., of the .^pncood, Smelt works; near Newcastle, in Australia, to whom specimens of the ore had been sent :f- - ' . " Bnrwood Smelting Works, •' Newcastle, Mafch-12, 1853. "Sir— 'Your favour of the 27th. July, 1853 came duly to hand, with sample of copper ore. I should haveireplied on receipt, but from the great uncertainty that prevailed then as, to the possibility of keeping our work's supplied with labour, and which has more .or less continued, combined with art expectation that I' should be able personally to Wait upon yoUr-^lhave deferred making a definite camjnunicatiun on the subject. I may now say, that the ore is exceedingly 1 rich, and' the indications, as 'described by you,' most favourable. . As, a smelting Company we would rather not engage in mining operations, but can assure you the prospect yott have is sufficiently valid to justify any amount of "outlay, if well directed, we should be glad to give £16 to £\7 per twenty-one cwt, for any quantity of ore of that quality delivered-in New/" castle. ' You may rest satisfied that no spontaneo us combustion' would take, place .with that ore during .'any period' of time, eitner on shipboard or else-: "where. I remain, &c.,' ' ' c " " ' '* W. T. L. ,Travers, Esq." ■ T. L. Morgak." A specimen' of J the ore was also* submitted for assay to Dr. - E." Davey. Government Assayist, at Adelaide, in South* Australia,, by G.Tinline, Esq.. who gave the following as the result : — " • - ' f ♦'.Copper ore (oxide). The green portions of this specimen are "malachite the red portion is; oxide, containing about 70 per cent; of* copper the black portion about 30 or ,40 per cent." " The specimens submitted tof'Messrsl Morgan and Davey -were mere surface specimens, and inferior' to the greater proportion of the ore since obtained from' the mines. On reference to authentic returns of, .the sales of copper ores' at Swansea, jt may be seen that of the' produce of 100 mines in the United Kingdom, many of which are of the- first celebrity, there'are but few which exceed onerhatf the value of that from 'the Dun Mountain Copper Mines., "The report of the contractor, who has been for upwards ' of thirty years engaged in mining operations, supported by such unbiassed and satis-factory-e vidence from* eminent practical and scientific men, was deemed by 'the projectors to be conclusive evidence of the favourable, prospects, of the mine, and they have therefore, in further pursuance of the prospectus of October 8, 1852, entered into a contract' with Mr. Wrey to proceed to England without delay, for the purpose of iof raising the capital, and taking the other steps necessary to carry on and work the mines sue'ces3fully. > . - '■ In the mean time, in order to afford to residents in the colony ah ' opportunity of investing, the 'Trustees have determined to reserve 5,000 shares until. 1 the Ist December, 1853, r §St allotment to applicants in the colony, exclusive of the shares to which contributors to the preliminary fund may. beecthe entitled pursuant to the terms of the prospectus of the «th October, 1852, and of the: shares to be allotted to the Projectors as hereinafter mentioned. *■ • ''•'„' AH applications for shares to be allotted in thai colony must be' made' ort or before the 3>)th November, 1853, and must be in the, form given below, and be accompanied by a receipt from th«j, Bankers, of the" Company for the full amount of the' stiarea, ■ without which, no application will be registered. Applications will be registered in the' order in which they are received. , The allotment will' take place on the Ist December, 1853. - In any case, in which the full number, of -shares applied for shall pot be allotted to the applicant, the excess deposited by him will be repaid in full by a .cheque upon tbe Bankers of the Company.' ,". "Persons who have contributed to the Preliminary Fund- musf^ defclare their intention' 'oft concerting their subscriptions into shares on or before the 30tii ; November, 1853; "Such declaration must be in tho from given below, and be- accompanied by the receipt given on,' the part of .the projectors at the time of contribution, without which no shares will be allotted in respect of such, contributions. - The' Prujectors;have entered into an engagement Ito assign their interest in the mines to the Pro- ; visional Trustees for the use of the Company, in consideration of 3,000 paid up shares, which! are to be~ allotted to them without further application. In the establishment of\ the Company every, pos- - si ble means wilt be taken to limit the shareholders tto the actual^ amount of their respective shares, either by obtaining a Charter of incorporation from 'the. 'Local Legislature, or otherwise, as shall; b# most advantageous fur the interests of the Com- ; ! The Provisional Trustees wt]l have full power to ' invest the capital subscribed in the colony in the' ' purchase of } the, freehold estate in the mines'. > Upon the complete establishment of the Company in England, the Provisional Trustees will execute all necessary deeds for transferring the property held by them for the use of the Company to the permanent Trustees, or to .such other, persons as ■ .t^ie Directors' or Managers of the Company shall; direct. ' • . ' Applications for shares, in the following form, must be addressed to ."the Provisional Trustees of the Company:— - .'"-<'' [Form of application for shares.] To the Provisional Trustees of the; Cook's Strait • ' Mining Company, Nelson, New Zealand. , Gentlemen— ?Be pleased toi allot me, shares in this "Company, in .respect of which I forward you. Bankers' receipt for the sum of £ and agree to accept the same shares, or any less number iwnich maybe allotted to me, and to execute, when required to do. so, any deed or deeds of. settlement, or other deeds or, documents which..may l be ncsea-, sary fdy constituting the Company. , ,_ ' r - ' , Name ' •'. , Address i, in .full/ j, Application in the following form, .for the conversion of contributions to, the Preliminary Fund into shares,must also be addressed to theProyisional Trustees of the Company: " " J^ ' iJ *-' ' ''' [Fqrm of application for conversion of contribution* , into , shares.] -> - ' "* To the Provisional Trustees ofvthe Cook's Strait ' Mining Company, Nelson, New Zealand. Gentlemen — I 'hereby declare my intention of . converting my contribution to .the Preliminary Fund raised .by the projectors, of .this Company*, ampiintin^, to £ (the .receipt o for whigh I, enclose), into 'shares, pursuant, .tb. r the" Prospectus;. issued tby the projectors oil the Bth of October, ISSS, andil' hereby agree to accept'the same* shares,' and ' to execute,, w|ien require^ to do so any deed, or deeda of settlement, or other de|eds .or,, documents^ which maybe" necessary for' constituting the Company* - -•• > '• Yours. 4c. ' : Name-"''" , • Address-m-full- : . Dated, ( r , 185 t For Weliington,. applications: forshares &c to be made in, the, terms, of the Prospectus to pEoaotv Hart Esq..' Lainbtdn ' Quay, , JulyllS, 1853P '